china

China Irked By Nobel Peace Prize Nomination For Hong Kong

China Irked By Nobel Peace Prize Nomination For Hong Kong

China called for foreign governments not to interfere in its affairs Thursday after a Norwegian politician nominated the “people of Hong Kong” for the 2020 Nobel Peace Prize.

Semi-autonomous Hong Kong has been hit by months of pro-democracy protests, which Beijing has portrayed as riots fuelled by foreign forces.

“Hong Kong affairs are purely China’s internal affairs and no foreign government or individuals have the right to interfere,” foreign ministry spokesman Geng Shuang said at a press briefing.

Geng called for the “relevant people to be objective and just” as well as “cautious.”

Activists say freedoms in the city are …

IMF Cautions Nigeria, Others Over Mounting Debt To China

IMF Cautions Nigeria, Others Over Mounting Debt To China

The International Monetary Fund (IMF) has cautioned Nigeria and other African countries against their rising level of indebtedness to China, stressing that the non-Paris Club creditors, “create some instability or some vulnerabilities.”

It also said the present global financial conditions due to the trade dispute between the United States and China, the shift towards a more dovish monetary policy stance in most developed countries, among others, present opportunities for Nigeria and other low-income countries.

The Financial Counsellor and Director, Monetary and Capital Market Department, IMF, Tobias Adrian, said this while responding to a question during a media briefing on the …

Attempts To Split China Risk ‘Smashed’ Bodies: Xi Jinping

Attempts To Split China Risk ‘Smashed’ Bodies: Xi Jinping

President Xi Jinping has warned that any attempts to split China would result in “bodies smashed and bones ground to powder”, amid four months of anti-Beijing unrest in Hong Kong.

Xi issued the dire message during a weekend visit to Nepal, according to a foreign ministry statement released on Sunday.

“Anyone who attempts to split any region from China will perish, with their bodies smashed and bones ground to powder,” Xi said, according to the ministry.

“Any external forces that support the splitting of China can only be regarded as delusional by the Chinese people,” he said.

While Xi did …

President Trump Optimistic About US-China Trade Talks

President Trump Optimistic About US-China Trade Talks

US President Donald Trump sounded an optimistic note at the end of the first day of US-China trade talks in Washington DC.

“We had a very, very good negotiation with China,” Mr. Trump told reporters after the talks wrapped up.

Mr. Trump will meet directly with Vice Premier Liu He at the White House on Friday. Earlier reports suggested the Chinese delegation might leave after the first day of talks. Asian markets followed Wall Street higher after Mr. Trump’s comments.

Thursday’s talks kicked off amid a backdrop of renewed tensions, as the US blacklisted 28 Chinese entities over human rights …

Wall Street Rises On Hopes Of U.S - China Trade Deal

Wall Street Rises On Hopes Of U.S – China Trade Deal

U.S. stocks rose in early afternoon trading on Thursday on hopes that top-level U.S.-China trade talks would yield at least a partial deal, while a rise in Apple’s shares lifted the technology sector.

Wall Street’s main indexes moved higher after President Donald Trump tweeted he would meet Chinese Vice Premier Liu He on Friday for further trade talks.

“The tweet … is giving market participants a reason to believe that perhaps a trade deal or at least a partial deal might be announced as early as tomorrow,” said Robert Pavlik, chief investment strategist at SlateStone Wealth LLC in New York.…

Police Shoot Hong Kong Protester At China's 70th Birthday

Protester Shot By Hong Kong Police At China’s 70th Birthday

Hong Kong police shot a pro-democracy protester on Tuesday as the city was lashed by its worst unrest of the year, hours after China celebrated 70 years of Communist Party rule with a massive military parade.

It was the first such shooting in nearly four months of increasingly violent protests and threatened to strip the spotlight from China’s carefully choreographed birthday party, designed to underscore its status as a global superpower.

While President Xi Jinping took salutes from some 15,000 troops in the capital, pro-democracy protesters in Hong Kong threw eggs at his portrait, with tens of thousands of people …

China Road Crash; 36 Killed, Another 36 Badly Hurt

East China Road Crash; 36 Killed, Another 36 Badly Hurt

At least 36 people died, and 36 others were injured in east China when a packed coach with a flat tyre collided with a truck, authorities said Sunday.

The bus was carrying 69 people — its maximum capacity — when it crossed into oncoming traffic and hit the freight truck on an expressway in eastern Jiangsu province on Saturday morning, the Yixing public security bureau said.

A preliminary investigation determined that the accident was caused by a flat tyre on the left front wheel of the bus, the bureau said in a statement.

Nine people were seriously injured, 26 were …

Oil prices fall on weak economic data from Europe , China

Oil prices fall on weak economic data from Europe , China

Oil prices fell on Wednesday on weak economic data from China and Europe and a rise in U.S. crude inventories, almost erasing the previous session’s sharp gains after the U.S. said it would delay tariffs on some Chinese products.

Brent crude LCOc1 was down $2.08, or 3.4 per cent, at $59.22 a barrel at 1214 GMT, after rising 4.7 per cent on Tuesday, the biggest percentage gain in a day since December.

U.S. West Texas Intermediate (WTI) crude futures CLc1 were down $2.13, or 3.7 per cent, at $54.97 a barrel, having risen four per cent the previous session, the …

China to impose sanctions on US firms in Taiwan arms sale

China to impose sanctions on US firms in Taiwan arms sale

China on Friday said it would impose sanctions on US companies involved in a potential arms sale worth $2.2 billion to self-ruled Taiwan — a move that has infuriated Beijing.

“The US arms sale to Taiwan has severely violated the basic norms of international law and international relations,” said Chinese foreign ministry spokesman Geng Shuang in an online statement.

“In order to safeguard national interests, China will impose sanctions on US enterprises participating in this sale of weapons to Taiwan,” he said.

The planned weapons sale, the first transfer of big-ticket United States military gear to democratically-governed Taiwan in decades, …

China wants US to ‘immediately cancel’ arms sale to Taiwan

China wants US to ‘immediately cancel’ arms sale to Taiwan

China urged Washington Tuesday to “immediately cancel” the potential sale of $2.2 billion in weapons to Taiwan, including battle tanks and anti-aircraft missiles.

The US State Department’s decision to greenlight the first big-ticket US military sale to the self-ruled democratic island in decades comes amid already strained ties between Washington and Beijing.

“The sale of weapons by the United States to Taiwan… seriously violates the one-China principle… grossly interferes in China’s internal affairs and undermines China’s sovereignty and security interests,” said foreign ministry spokesman Geng Shuang.

Geng said that China has already lodged formal complaints through diplomatic channels expressing “strong …

China advises U.S. to stop using “extreme pressure” on Iran

China advises U.S. to stop using “extreme pressure” on Iran

The United States should not use “extreme pressure” to resolve issues with Iran, a senior Chinese diplomat said on Tuesday, amid a standoff following attacks on two oil tankers in the Gulf of Oman.

Fears of a confrontation between Iran and the United States have mounted since last Thursday when the two tankers were attacked. The United States has blamed on Iran, more than a year after President Donald Trump withdrew from a 2015 nuclear deal.

Iran has denied having any role in the attacks, and on Monday said it would soon breach limits on how much enriched uranium it …

Many thousands protest China extradition bill in Hong Kong

Many thousands protest China extradition bill in Hong Kong

Several hundred thousand people jammed Hong Kong’s streets on Sunday in a last bid to thwart a proposed extradition law that would allow suspects to be sent to China to face trial, with police bracing for the biggest march in the city in 15 years.

Police chiefs called for public restraint, government-funded broadcaster RTHK reported, as they mobilized more than 2,000 officers for a march that organizers expected to draw more than half a million people.

That would make it the biggest rally since a similar number turned out in 2003 to challenge government plans for tighter national security laws, …