China

Pakistan Signs Nearly $500 mln in China Deals at Silk Road Summit

By Kay Johnson ISLAMABAD, May 14 – Pakistan signed new deals with China on Saturday worth nearly $500 million ahead of Beijing’s international forum on its “Silk Road” trade and infrastructure initiative for Asia, Africa and Europe, the Pakistani government said. The memorandums of understanding add to $57 billion already pledged for the China-Pakistan Economic

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What Does 2017 Hold for Middle East Investors?

By Ali Janoudi and Simon Smiles In 2017, Middle Eastern investors will confront a world marked by policy shifts and a rising likelihood of reflation. In certain respects, the Middle East itself has also contributed to this trend. Coupled with potential fiscal stimulus in the U.S., OPEC’s decision to cut oil output for the first

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This all-girl “boy band” is shaking up gender norms in China

Acrush is China’s first all-girl “boy band” which released its debut single last week, but already, the it has a huge fan-following. “Our fathers’ generation still holds the idea that girls should dress in a feminine manner, something I was never comfortable with,” band member Min Junqian told Reuters. “I just like to dress in a

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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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