Keywords: China


Taiwan says it has received no notice of a US freeze on arms sales

Taiwan says it has received no formal notification from Washington that existing arms sales are being suspended, despite uncertainty surrounding a major US weapons package and ongoing discussions between the United States and China over Taiwan. Taiwanese Defense Minister Wellington Koo said on Tuesday......

Global automakers turn to the US as competition intensifies

Global automakers are increasing their focus on the US market as competition and economic pressures reshape the international automotive industry. The shift comes as manufacturers face weaker conditions in some major overseas markets, particularly China and parts of Europe, while the United States continues......

Trump reportedly asked Xi if China wanted to buy U.S. weapons

Washington’s policy toward China and Taiwan has come under renewed scrutiny after U.S. Ambassador to China David Perdue said President Donald Trump had at one point asked Chinese President Xi Jinping whether Beijing would be interested in purchasing American weapons. Perdue made the disclosure......

Trump says Xi visit made major progress as Iran and Hormuz feature in talks

U.S. President Donald Trump said Friday that his three-day meeting with Chinese President Xi Jinping had produced major progress, while confirming that the two leaders discussed the war involving Iran and the situation around the Strait of Hormuz. Trump made the comments in Washington as Xi's state......

China launches another Yaogan satellite group into orbit

China has carried out another satellite launch as part of its expanding space program, sending a new group of Yaogan-40 satellites into orbit from the Taiyuan Satellite Launch Center in Shanxi province. According to the China Aerospace Science and Technology Corporation (CASC), the launch took place......

Morocco records world's lowest automotive labor cost at $106 per vehicle

Morocco is strengthening its position in the global automotive industry as manufacturers increasingly reassess production costs, factory productivity and supply-chain locations. According to an Oliver Wyman analysis covering more than 250 vehicle assembly plants worldwide, Morocco recorded the lowest......

Xi Jinping calls for peaceful coexistence and balanced competition with the United States

Chinese President Xi Jinping has called for a more stable relationship between China and the United States, urging both sides to avoid confrontation while maintaining dialogue, cooperation and what he described as healthy competition. Xi made the remarks on Thursday during his state visit to Washington,......

Volvo chief warns Europe’s car industry could face a Detroit-style decline

Volvo CEO Håkan Samuelsson has warned that Europe’s automotive industry risks losing industrial capacity if manufacturers continue to face high production costs and struggle to compete with lower-cost locations. In an interview with German business daily Handelsblatt, Samuelsson compared......

US opens up $7 billion financing window for Argentina’s energy and mining projects

The United States is preparing to make up to $7 billion in financing available for energy, mining and infrastructure projects in Argentina, strengthening economic ties with Buenos Aires while seeking to diversify supplies of energy and critical minerals away from China. The financing, to be provided......