Tag Archives: Xi Jinping

The eyes of the world turned to Busan this week as Chinese President Xi Jinping and U.S. President Donald Trump met on the sidelines of the APEC Summit their first face to face meeting in six years. It was more than just a diplomatic encounter; it was a moment that carried the weight of history and the hope of renewal. …

Oil prices rose on Monday after the United States and China outlined a framework for a potential trade deal. The move raised hopes of improved relations between the world’s two largest oil consumers.By 0027 GMT (local time), Brent crude futures were up 46 cents or 0.7%, at $66.40 a barrel. US West Texas Intermediate (WTI) crude rose 46 cents or …

File photo: US treasury secretary Scott Bessent US treasury secretary Scott Bessent said on Sunday that Washington and Beijing have reached a “very substantial framework” that would prevent the US from imposing 100% tariffs on Chinese goods and allow for a deferral of China’s rare earths export controls, as per news agency Reuters. The development follows high-level talks in Kuala …

The United States on Friday launched an investigation into China’s adherence to the ‘Phase One trade’ deal signed in 2020.Under the deal, China had pledged to increase purchases of US products and services by hundreds of billions of dollars over 2020 and 2021. However, the targets were not met, largely due to the Covid-19 pandemic.The probe was prompted by what …

Gold prices slipped on Friday after hitting record highs above $4,300 an ounce, pressured by a stronger dollar and US President Donald Trump’s comments that his threatened high tariffs on China would not be “sustainable.”“It’s not sustainable. But that’s what the number is, it’s probably not, you know, it could stand, but they forced me to do that,” Trump told …

Donald Trump and Xi Jinping (Images/Agencies) US PresidentDonald Trump on Sunday said he expects a positive relationship with China, while stressing the role of tariffs in managing international disputes.“I think we’ll get along just fine. I have a great relationship with China. Xi had a bad moment… but because of the tariffs, it’s much tougher for them,” he told reporters.The …

US President Donald Trump has thrown another punch in Washington’s long-running economic bout with Beijing, threatening to slap fresh 100% tariffs and export bans in response to China’s tightening grip on rare earth minerals. The uneasy truce between the world’s two biggest economies came after months of uneasy calm, sending shockwaves through global markets and raising fears of a renewed …

When Chinese President Xi Jinping held his first parade in 2015 to mark the anniversary of World War Two’s end, he placed his two predecessors beside him, symbolising respect and continuity of leadership. Ten years on and having eliminated domestic opposition as he serves an unprecedented third term as president, Xi was flanked on Wednesday at the 80th anniversary parade …

Peter Navarro (File photo) US President Donald Trump’s advisor Peter Navarro renewed his criticism of India, accusing the country of indirectly funding Russia’s war in Ukraine through discounted oil purchases—and claiming that Brahmins are profiting at the expense of Indians.“Look, Modi’s a great leader. I don’t understand why he’s getting into bed with Putin and Xi Jinping when he’s the …

Russian President Vladimir Putin criticised Western sanctions ahead of his four-day visit to China, warning that trade restrictions and the costs of the Ukraine war have pushed Russia’s economy into recession, as reported by Reuters. In a written interview with China’s Xinhua news agency on Saturday, Putin said Russia and China were united in rejecting “discriminatory” measures in global trade. …