China

* G7 finance chiefs gather in Stresa, Italy on May 24-25 *…

China on Tuesday slammed the inauguration speech of new Taiwanese President Lai Ching-te as a "confession of Taiwan independence", and warned it would take "countermeasures".Earlier, Beijing said it had complained to the United States over Secretary of State Antony Blinken congratulating Taiwan on Lai's swearing-in.China considers self-ruled…

FE Team | Published: May 20, 2024 23:40:07 TAIPEI, May 20 (BBC): Taiwan's newly…

'The world cannot wait' - UK defence sec confirms military aid 'rushed' to Ukraine The UK's defence secretary has confirmed the military aid that has been "rushed" to Ukraine. Grant Shapps said the "world cannot wait" as he urged nations to…

TAIPEI (Taiwan News) – The Ministry of Foreign Affairs (MOFA) on Saturday (May 18) rejected allegations from China about dollar diplomacy with Guatemala.A Chinese foreign ministry spokesperson alleged that Taiwan had maintained political support from the Central American nation by paying off its politicians. The statement was a ploy by China to…

NEW YORK (AP) — U.S. stocks are drifting near their records Friday as Wall Street heads for the finish of another winning week.The S&P 500 fell 0.1% in afternoon trading and remains on track for a fourth straight week of gains. The Dow Jones Industrial Average was up 45 points, or 0.1%, a day after briefly topping the 40,000 level for the…

Xi welcomes Putin at official ceremony as Russian president begins state visit to ChinaFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emailsSign up to our free breaking news emailsRussian President Vladimir Putin and his Chinese counterpart Xi Jinping have met in Beijing as they begin two-day…

MANILA, Philippines (AP) — Chinese coast guard ships shadowed a group of Filipino activists and fishermen sailing on wooden boats toward a disputed shoal in the South China Sea which Beijing has fiercely guarded from what it regards as intruders.The Philippine coast guard deployed three patrol ships and a…

The big headline from President Biden’s new tariffs on Chinese goods announced Tuesday was the massive hit to electric vehicles made in China.New duties on EVs from companies like BYD (BYDDY), Geely (GELYF), and NIO (NIO) are set to quadruple in 2024, to 100% from 25% of the cost of the vehicle.But the question remains: Will Biden’s EV tariff…

Officials in Beijing have taken drastic steps to stimulate key sectors of its flagging economy by selling off billions of dollars in bonds.The People’s Bank of China has asked for advice on pricing the sale of the first batch of the sovereign bonds.The finance ministry confirmed that the 1 trillion yuan ($138.23 billion) of special government…