Another 26 are injured in blast near the city of Changde, Hunan Province, Xinhua News Agency says. An explosion at a fireworks factory in southern China has killed nine people and injured 26 others, state media has reported. The blast occurred at Shanzhou Fireworks Co, located near the city of Changde, Hunan Province, shortly before 8:30am … Read more
Moscow, Ankara and Beijing have condemned Israel’s attacks on Iran. It is a conflict that has the potential to ignite the entire Middle East. Israel has been attacking Iran, saying Tehran’s nuclear programme poses an existential threat. Iran, for its part, has responded with a barrage of retaliatory attacks. But now, what role can the … Read more
Senior delegations expected to discuss fragile tariffs deal in bid to avert trade war between world’s two biggest economies. High-level delegations from the United States and China are to meet in London to try to save a fragile tariffs deal and avert a possible trade war that has already roiled the global economy and sparked … Read more
Teams will try to resolve tariffs war amid spats over China’s curbs on rare minerals and US revocation of student visas. United States President Donald Trump has announced a new round of trade talks with China in an apparent bid to dial down a bitter battle over tariffs between the world’s two biggest economies. The … Read more
The US and China have agreed to slash tariffs temporarily in a surprise breakthrough. The United States and China have surprisingly agreed to a dramatic de-escalation in their trade war. Under the agreement, the world’s two largest economies have paused their respective tariffs for 90 days. That breaks an impasse which has brought much of … Read more
EACH DAY President Donald Trump changes the terms of his trade war with the world. One constant, though, is Mr Trump’s confidence that America can win a pain-infliction contest with China. The president’s self-assurance reflects a cherished belief: that previous leaders allowed China to steal American jobs and industries through a mixture of naivety and … Read more
Can BRICS countries challenge the US? Redi Tlhabi speaks with historian and journalist Vijay Prashad. Amid escalating global instability and a fractured Western alliance, nations in the Global South are reassessing their geopolitical alignments and economic strategies. The BRICS bloc, which includes Russia, Brazil, India, China, South Africa and other emerging economies, has emerged as … Read more
Beijing’s comments come after White House says Chinese exports could face duties of up to 245 percent. China’s Ministry of Foreign Affairs has said it will pay no attention to United States President Donald Trump’s “tariff numbers game” after the White House suggested Chinese exports are facing tariffs of up to 245 percent. The White … Read more
Statistics agency says economy ‘off to a good start’ despite more ‘complex and severe’ external environment. China’s economy grew 5.4 percent in the January-March quarter, the country’s statistics agency has said, a stronger-than-expected performance that comes as exporters are bracing for the fallout of United States President Donald Trump’s punishing tariffs. Industrial output rose 6.5 … Read more
HANOI — Chinese President Xi Jinping arrived in communist comrade Vietnam on Monday and called for defending a multilateral trade system that is being rocked by U.S. President Donald Trump. “Trade wars and tariff wars have no winners, and protectionism has no way out,” Xi wrote in an article posted on the Nhan Dan, the … Read more