The death toll from the powerful quake that hit on March 28 rose to 3,471, state media reported, with 4,671 people injured and another 214 still missing. Aid agencies have warned the combination of the unseasonable rains and extreme heat could cause outbreaks of disease, including cholera, among quake survivors who are camping in the […]
The stock market was headed for another pounding Friday after China retaliated with new tariffs on U.S. goods, raising fears that a trade war will tip the globe into a recession. Futures tied to the blue-chip Dow Jones Industrial Average lost 1,533 points, or 3.7%. Future levels indicated the Dow would open official trading about […]
The Inspur units were listed for contributing to the development of supercomputers for the Chinese military, the Commerce Department said in a posting. Five of the subsidiaries are based in China, and one is based in Taiwan. Inspur Group itself was placed on the list in 2023. The Inspur units are among about 80 companies […]
“Given the increasingly severe international situation, I believe we may truly be at a turning point in history,” Japanese Foreign Minister Takeshi Iwaya said at the start of the meeting in Tokyo with Chinese Foreign Minister Wang Yi and South Korean Foreign Minister Cho Tae-Yul. The three agreed to accelerate preparations for a trilateral summit […]
India is among the trading partners set to face the tariffs from April, which threaten to cause distress to its exporters in industries from automobiles to agriculture. After Modi and Trump met last month, the two nations agreed to resolve tariff rows and work on the first segment of a deal by the fall of […]
The Nobel laureate took charge of Bangladesh last August after the ouster of autocratic ex-premier Sheikh Hasina, who fled to India after a student-led uprising. India was the biggest benefactor of Hasina’s government, and her ouster sent cross-border relations into a tailspin. That has prompted the caretaker government helmed by Yunus to seek greater ties […]
“China has always advocated that China and the United States should adopt a positive and cooperative attitude towards differences and controversies in economic and trade fields,” Commerce Ministry spokeswoman He Yongqian told a weekly news conference. “But it must be stressed that any form of communication and consultation must be based on mutual respect, equality […]
“The three parties will exchange views on the Iranian nuclear issue and other issues of mutual interest,” a foreign ministry spokesperson said Wednesday. The meeting will be attended by China’s Vice Foreign Minister Ma Zhaoxu, Russian Deputy Foreign Minister Ryabkov Sergey Alexeevich and Iranian Deputy Foreign Minister Kazem Gharibabadi. Iran confirmed Wednesday it will hold […]
The levies, announced by the commerce ministry and scheduled to take effect on March 20, match the 100% and 25% import duties Canada slapped on China-made electric vehicles and steel and aluminum products just over four months ago. By excluding canola, which is also known as rapeseed, and was one of Canada’s top exports to […]
China also presented itself as a reliable global power in the midst of geopolitical turmoil and U.S. President Donald Trump’s withdrawal from international institutions, part of a clear appeal from Beijing to Europe and countries in the Global South. The U.S. levied an additional 10% tariff on Chinese imports this week over the continued flow […]