WASHINGTON (Reuters) -Chinese President Xi Jinping will send a high-level envoy in his place to U.S. President-elect Donald Trump's Jan. 20 inauguration, the Financial Times reported on Thursday. Beijing has told Trump’s transition team that the official would attend instead of Xi,
On Christmas Day, authorities in Estonia and Finland noted the sudden interruption of the Estlink 2 undersea electricity cable linking their two nations - just as ship tracking data showed the Cook Islands-registered "Eagle S" passing outbound from Russia’s Baltic coast en route to Egypt.
Taiwan has demonstrated its sea defenses against a potential Chinese attack as tensions rise with Beijing, part of a multitiered strategy to deter an invasion from the mainland
Sales of electric and hybrid vehicles jumped more than 40 percent in China last year, as demand for new energy models continues to surge and the sector remains entrenched in a gruelling price war. The Chinese electric vehicle market has witnessed explosive growth in recent years,
BC Conservative Leader John Rustad says the province ought to re-open independent international trade offices in Asia, including in China, to counter tariff threats from U.S. president-elect Donald Trump.
Beijing has called out the European Union for imposing unfair trade barriers on Chinese companies, ending a monthslong investigation into the bloc’s efforts to protect its businesses from foreign subsidies.
In August of that chaotic year for Asia’s biggest economy, President Xi Jinping’s team announced a nearly 3% downshift in the yuan’s value versus the dollar. Naturally, it caused pandemonium in world markets — at least briefly. The real fallout, though, was suffered by China itself, as huge waves of capital fled yuan-denominated assets.
Nigeria and China plan to deepen cooperation in areas such as clean energy, defence and finance, with China pledging support for Nigeria's issuance of Panda bonds to fund infrastructure, the two countries' foreign ministers said on Thursday.
So far, China has used carbon intensity — the amount of carbon dioxide emitted per unit of GDP — as its official target. It announced the metric in 2009, at the height of its economic growth, after facing pressur e to set a quantitative goal to curb its emissions. Its argument was that it was a target that wouldn’t constrain China’s growth.
It was almost a year before a handful of Chinese AI chatbots received government approval for public release. Some questioned whether China’s stance on censorship might hobble the country’s AI ambitions.
China's leaders are bracing for potential shocks to the economy from higher tariffs once U.S. President-elect Donald Trump takes office.
The move comes as Beijing intensifies efforts to convince cautious households to spend as rising external uncertainties threaten exports’ ability to prop up economic growth.