China, US avert trade war: Beijing agrees to import more from America

After lengthy second round of talks in Washington, the two sides issued a joint statement early today vowing not to launch a trade war against each other. “We’re putting the trade war on hold. Right now, we have agreed to put the tariffs on hold while we try to execute the framework,” US Treasury Secretary … Read more

China, U.S. vow against trade war in joint statement

Based on the directions of Chinese President Xi Jinping and U.S. President Donald Trump, the Chinese and U.S. delegations conducted constructive consultations on trade issues on Thursday and Friday, the statement said. The two sides agreed to take effective measures to substantially decrease the U.S. trade deficit in goods with China. China will significantly increase … Read more

China launches new satellite to monitor air pollution

The Gaofen-5 satellite was launched off the back of a Long March 4C rocket from the Taiyuan Satellite Launch Center in northern Shanxi Province. It was the 274th flight mission by a Long March carrier rocket. The satellite, launched as part of its high-resolution Earth observation project, was developed and produced by China Aerospace Science … Read more

US delegation arrives in China for talks over trade issues

Mnuchin, who is also the U.S. President’s special envoy, is meeting with Chinese Vice Premier Liu He, a member of the Political Bureau of the Communist Party of China Central Committee, who is heading the Chinese side. The talks, which run until Friday, are focused on the root cause of the strained trade relations between … Read more

Dominican Republic establishes ties with China, breaks with Taiwan

Taipei said it was “deeply upset” at the decision to sever ties as the island faces deepening international isolation while its giant neighbour flexes its economic and political might on the global stage. The Dominican Republic said it believed its switch to ties with China would be “extraordinarily positive for the future of our country”, … Read more

Prime Minister Modi wraps up two-day China visit

Earlier, Prime Minister Modi wrapped up his two-day visit to China with both the countries underlining the importance of maintaining peace and tranquility in all areas of their border region in the larger interest of the overall development of bilateral relations.The two neighbouring Asian giants resolved to seek a fair, reasonable and mutually acceptable settlement … Read more

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