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China News 11/2017 (Page 3)



China raises non-state crude import quota by 55 pct
BEIJING, Nov. 8 (Xinhua) -- China's Ministry of Commerce announced on Wednesday that the quota for non-state crude oil imports will be raised to 142 million tonnes for 2018, 55 percent higher than that for 2017. The volume is equivalent to around 37 ...

Economic Watch: China's foreign trade growth reveals growing economic strength
BEIJING, Nov. 8 (Xinhua) -- China's goods trade grew fast in the first ten months of this year, mainly due to international demand and a strong domestic economy. Foreign trade rose 15.9 percent year on year to 22.5 trillion yuan (3.4 trillion U.S ...

Hong Kong to play active role in China's "going global" campaign: official
HONG KONG, Nov. 8 (Xinhua) -- A Chinese official said here Wednesday that China will continue to go global in this new era with new opportunities brought to the world, especially to Hong Kong. Xie Feng, Commissioner of the Ministry of Foreign Affairs ...

Philippines seeks military protocol with China to head off clashes after South China Sea stand-off
China and the Philippines will negotiate a military protocol to avoid maritime “miscalculations”, Manila's defence minister said on Wednesday, after a brief stand-off over a sandbar near a Philippines-occupied island in a disputed part of the South ...

Chinese vice minister calls for efforts to put forward FTAAP
DA NANG, Vietnam, Nov. 8 (Xinhua) -- Chinese Vice Minister of Foreign Affairs Li Baodong on Wednesday called for efforts to push forward the Free Trade Area of the Asia-Pacific (FTAAP) under the guidance of the Asia-Pacific partnership. Li made the ...

China's dominance is growing for now – but in the long run, it's a paper tiger
As Donald Trump continues his long tour around Asia, the question is whether the President will be able to articulate a strategy toward the region at a critical time in its history. Having rejected Barack Obama's signature policies – the Pivot to Asia ...

China to maintain macroeconomic policy in 2018
BEIJING, Nov. 8 (Xinhua) -- Premier Li Keqiang said Tuesday that China would maintain the stability of its macroeconomic policy, and continue reform and opening up in 2018. Li made the remarks at a symposium attended by economists, entrepreneurs and ...

China, US create 'miracle' with $253.4 billion in dealmaking: Zhong
BEIJING (Reuters) - China and the United States have created a “miracle” as companies from the world's two largest economies signed deals worth some $253.4 billion over the past two days, China's Commerce Minister Zhong Shan said at a briefing on ...

Trump tells China's Xi he believes North Korea solution can be found
BEIJING (Reuters) - U.S. President Donald Trump told Chinese President Xi Jinping on Thursday that he believes, like Xi, that a solution can be found to the North Korean nuclear issue, a day after warning Pyongyang of the grave danger of developing ...

Forbidden in China, but Trump skirts 'Great Firewall' to tweet about Beijing trip
BEIJING (Reuters) - U.S. President Donald Trump went around and over the “Great Firewall” of China in a late-night tweet in Beijing as he thanked his hosts for a rare tour of the Forbidden City and a private dinner at the sprawling, centuries-old ...

Is China really stepping up as the world's new climate leader?
In October, Chinese President Xi Jinping made a bold statement in publicly positioning his country as the next global leader in combating climate change. "Taking a driving seat in international cooperation to respond to climate change,” Xi said at the ...

China's Xi tells Trump Taiwan is the most important issue in Sino-US ties
BEIJING (Reuters) - Taiwan is the most important and sensitive issue in Sino-U.S. ties, Chinese President Xi Jinping told visiting U.S. President Donald Trump on Thursday, ahead of the one-year anniversary of Trump taking a precedent-breaking call from ...

'We're engaged': Alaska gets China backing for natural gas project
BEIJING (Reuters) - China's biggest state oil company Sinopec, one of the country's top banks and its sovereign wealth fund agreed on Thursday to develop a $43 billion natural gas project in Alaska, as the cash-poor U.S. state seeks to revive its ...

Tillerson says progress limited on China trade
BEIJING — Secretary of State Rex Tillerson on Thursday said that when it comes to making progress on trade discussions with China, the accomplishments so far are “pretty small.” Tillerson spoke to reporters as Trump was wrapping up his second and ...

Xi's remarks inspire Chinese journalist association
BEIJING, Nov. 9 (Xinhua) -- Journalists from across China have said they were inspired by Chinese President Xi Jinping's remarks on journalism and would endeavor to spread China's voice. Xi, also general secretary of the Communist Party of China (CPC) ...

Vietnam's GDP Is Just 11 Years Behind China, And Growing Rapidly
Motorcyclists ride past street vendors selling lottery tickets near an electronic board displaying lottery results on Hang Bai Street in Hanoi, Vietnam, on Monday, Feb. 13, 2017. (Photographer: Maika Elan/Bloomberg). Rewind to 2006: Beijing's subway ...

US map shows PH in China's crosshairs
A map recently released by a Washington-based think tank of China's power projection capabilities in the South China Sea shows the Philippines is within range of Chinese warplanes and missiles. The Asia Maritime Transparency Initiative (Amti) showed ...

China's deliverymen face robot revolution as parcel demand soars
SHANGHAI/BEIJING (Reuters) - At Beijing's sprawling Renmin University of China, two shiny new couriers dart through throngs of students to deliver parcels ...

China-Philippine ties forging ahead, East Asia cooperation taking off: ambassador
MANILA, Nov. 10 (Xinhua) -- Chinese Premier Li Keqiang's upcoming official visit to the Philippines and attendance at the leaders' meetings for East Asia cooperation will give a strong boost to China's neighborhood diplomacy, Chinese Ambassador to the ...

China widens foreign access to its giant financial sector
BEIJING (Reuters) - China will raise foreign ownership limits in financial firms in a step granting access to a tantalizing multi-trillion dollar financial services market, as the world's second-biggest economy seeks to position itself as a major ...

Countering Trump, China's Xi touts cooperation in Asia-Pacific
DANANG, Vietnam (Reuters) - Asia-Pacific nations must “uphold multilateralism”, Chinese President Xi Jinping said on Friday, countering U.S. President Donald Trump's message at a summit that the United States would stay out of trade deals that ...

Indo-Pacific? Not from where China is sitting...
Indo-Pacific? Not from where China is sitting...

Economic Watch: Cracking China's e-commerce packaging puzzle
BEIJING, Nov. 10 (Xinhua) -- As the Singles' Day shopping season in November has become a new tradition in China, the massive waste left by its packaging has brought the nation a huge headache. With 1.5 billion packages expected to be delivered in this ...

Feng Shanshan vies for world No. 1 ranking
LINGSHUI, China, Nov. 10 (Xinhua) -- China's Feng Shanshan moved into contention for her third title of the year on Friday when the world No. 3 fired a one-over 73 in windy conditions on Hainan Island to take a one shot lead through three rounds of the ...

Will China Win the War for the South China Sea With Its New 'Magic ...
Will China Win the War for the South China Sea With Its New 'Magic ...

Spotlight: Chinese climate delegation in Bonn calls for focused talks on pre-2020 action
BONN, Nov. 10 (Xinhua) -- The Chinese delegation to the ongoing UN climate talks here on Friday voiced concerns on behalf of the developing countries, calling for focused discussions on pre-2020 actions. PRE-2020 ACTIONS. "There has been heated ...

Wall Street Titans Poised to Grow in China After Frustrating Era
The following content is sourced from external partners. We cannot guarantee that it is suitable for the visually or hearing impaired. Bloomberg. This content was published on November 11, 2017 5:53 AMNov 11, 2017 - 05:53. (Bloomberg) -- Morgan Stanley ...

China's all-powerful leader should heed the lessons from history, former official says
BEIJING — Twice Bao Tong rose within the Chinese Communist Party's hierarchy, and twice he was dramatically cut down. He has endured long spells in jail and “re-education” for failing to fall into line behind the hard-liners holding power. So it is ...

My trip to China shattered my biases about developing nations
When I went to China for two weeks on a recent reporting trip, I had certain expectations. Officially, China is still a developing country. I thought I had a pretty clear picture of life in developing and developed nations, having grown up in India and ...

'Fresh starts' all round as China's Xi meets South Korean, Japanese leaders at APEC
Seoul: The leaders of South Korea and China agreed on Saturday to work towards a peaceful solution to the crisis engulfing the Korean peninsula. The two countries will strengthen strategic talks on all levels, presidential spokesman Yoon Young-chan ...


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