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Tag Archives: China

Lagarde warns trade wars are seldom ever won

No one emerges victorious from a trade war, International Monetary Fund chief Christine Lagarde said on Wednesday, warning that the economic impact of US import tariffs would be serious if other countries respond with their own barriers. On Tuesday, US President Donald Trump reiterated his plan to slap big tariffs …

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Markets suffer Trump slump on trade war fears

Donald Trump’s controversial decision to slap tariffs on steel and aluminium imports sent world stock markets slumping on Friday as the move fuelled fresh fears of a global trade war, dealers said. Traders, already on edge over worries about rising US interest rates, followed Wall Street sharply lower after the …

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China declares intention to improve ties with Japan

China hopes to work with Japan to establish more cordial relations, Chinese Foreign Minister Wang Yi told his Japanese counterpart on Sunday, aiming to move on from a series of disputes, some dating back to before World War Two. China and Japan have sparred frequently about their painful history, with …

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Iran—On the Brink?

by Graham E. Fuller* — With the emergence of demonstrations and rioting in various Iranian cities earlier this month, Washington’s neoconservatives and interventionist/ imperial-minded “liberals” have been given a new lease on life in promoting their aspirations for “regime change” in Tehran. Indeed, of the three current potential global flashpoints—North …

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U.S. blocks MoneyGram sale to China’s Ant Financial on national security concerns

Ant Financial’s plan to acquire U.S. money transfer company MoneyGram International Inc (MGI.O) collapsed on Tuesday after a U.S. government panel rejected it over national security concerns, the most high-profile Chinese deal to be torpedoed under the administration of U.S. President Donald Trump. The $1.2 billion deal’s failure represents a …

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China: We Back Independent Palestinian State Based on ’67 Borders With Capital East Jerusalem

China called for the establishment of an independent Palestinian state based on 1967 borders with East Jerusalem as its capital, Xinhua state media reported Thursday. “China understands the Islamic countries’ concern about the status of Jerusalem,” a spokesperson for the Chinese Foreign Ministry said, adding that China “calls for a …

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Why China Wants Syria in its New Belt and Road

China has been actively expanding its influence to the Middle East, and engaging war-torn Syria as part of its signature Belt and Road Initiative (BRI) has been a case in point. On November 24, Chinese Foreign Minister Wang Yi met with Political and Media Advisor to the Syrian President Bouthaina …

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