China

China, U.S. ‘Appropriately Handling’ Seizure of Drone, China says

By Ben Blanchard BEIJING, Dec 17  – China and the United States are using military channels to “appropriately handle” the seizure by the Chinese navy of a U.S. underwater drone in the South China Sea, China said on Saturday, and a Chinese state-run newspaper said it expected a smooth resolution. The drone was taken on

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Obama says China would not take Change in US Policy on Taiwan Lightly

By Roberta Rampton and Jeff Mason WASHINGTON, Dec 16 – President Barack Obama said on Friday it was fine for President-elect Donald Trump to review Washington’s “one-China” policy toward Taiwan, but he cautioned that a shift could lead to significant consequences in the U.S. relationship with Beijing. “For China, the issue of Taiwan is as

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Under Pollution Alert, Beijing Orders 1,200 Factories to Shut or cut Output

BEIJING, Dec 17 – Beijing’s city government has ordered 1,200 factories near the Chinese capital, including an oil refinery run by state oil major Sinopec and a Cofco food plant, to either shut or cut output following its highest possible air pollution warning. Environmental authorities issued a red alert that started on Friday night and

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Too Big to Fail: China Maps Out its Trump Strategy

By Ben Blanchard and Christian Shepherd BEIJING, Dec 14 – When Donald Trump becomes U.S. president next month, one issue above all others could force his new administration to work closely with China and underscore why he and Beijing need each other – North Korea. A nuclear armed North Korea, developing missiles that could hit

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China’s Sinopec Weighs Takeover of Gulf Keyston

Dec 13  – China’s Sinopec Corp is weighing a takeover of Gulf Keystone Petroleum , an oil company operating in the Kurdistan region of Iraq, Bloomberg reported on Tuesday. Gulf Keystone shares were up 13.5 percent at 144.43 pence at 1041 GMT. Sinopec, Asia’s largest refiner, is working with advisers and has made an approach

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Trump says U.S. not Necessarily Bound by “One China” Policy

WASHINGTON, Dec 11 – U.S. President-elect Donald Trump questioned whether the United States had to be bound by its longstanding position that Taiwan is part of “one China” and brushed aside Beijing’s concerns about his decision to accept a phone call from Taiwan’s president. “I fully understand the ‘one China policy,’ but I don’t know

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China Says Total Overseas Development Aid Tops $58 bln

BEIJING, Dec 1  – China has given around 400 billion yuan ($58.01 billion) in development aid to 166 countries and international organisations over the past six decades, the government said on Thursday, less than the European Union and its members gave for just last year. China only began offering details of its foreign aid, which

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Religious Extremism is Spreading to Inland China – Official

BEIJING, Nov 28 – Religious extremism has begun to spread to inland China from its western Xinjiang region, long considered by the government to be at the forefront of its efforts to battle Islamist separatists, the country’s top religious affairs official said. China says it faces a serious threat from Islamist militants in Xinjiang, which

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U.N. Close to Sanctions Deal to Slash N. Korea Export Earnings -Diplomats

Nov 25 – The U.N. Security Council’s five veto powers are close to approving new sanctions on North Korea to cut the isolated state’s earnings from exports by more than a quarter, principally by targeting its coal exports to China, diplomats said on Friday. The U.S.-drafted resolution, in response to North Korea’s fifth nuclear test

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China says Would Consider Turkey Membership of Security Bloc

BEIJING, Nov 21 – China is willing to consider any application from NATO-member Turkey to join a Russian and Chinese-led security bloc, China’s Foreign Ministry said on Monday, after Turkish President Tayyip Erdogan said his country could join. China, Russia and four Central Asian nations — Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan — formed the Shanghai

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