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Tag Archives: China

China’s Xi urges ‘healthy’ India ties after border spat: Xinhua

Xiamen, China | AFP | Chinese President Xi Jinping sought Tuesday to move past a tense border dispute with India, telling Prime Minister Narendra Modi the two nuclear-armed neighbours should pursue “healthy, stable” relations, according to China’s state media. The exchange occurred on the sidelines of the just-ended summit of BRICS …

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Putin warns of ‘global catastrophe’ in N.Korea impasse

Xiamen, China | AFP |  Russian President Vladimir Putin warned Tuesday of a global “catastrophe” unless a diplomatic solution over North Korea is reached, saying imposing further sanctions on Pyongyang would be useless. Putin’s comments, following an international summit in China, came after the United States called for the “strongest …

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VIDEO: Over 202 Ugandans Detained in China over Drug Trafficking

VIDEO: Over 202 Ugandans Detained in China over Drug Trafficking Kampala, Uganda | NBS | Uganda’s ambassador China Dr. Crispus Kiyonga has decried the increasing number of Ugandans arrested and sentenced to death over drug trafficking in China. About 202 Ugandans are languishing in the different China prisons. Dr. Kiyonga says …

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China Construction Bank profits lifted by economy, debt crackdown

Shanghai, China | AFP | China Construction Bank, one of the country’s “big four” financial institutions, reported a moderate first-half profit rise and improving asset quality as a government crackdown on bad debt kicked in. The bank’s earnings were posted Wednesday night, hours after China’s three other big state-owned lenders announced …

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China merges energy giants into global leader

Beijing, China | AFP | Chinese authorities have approved a mega-merger between the country’s largest coal producer and a top electricity firm, the government said Monday, reportedly creating the world’s biggest power company in terms of capacity. The tie-up between the two state-owned companies — coal producer Shenhua Group Corp. and …

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India says military stand-off with China ends

New Delhi, India | AFP | India said Monday it had agreed with China to end a months-long military stand-off at a strategically important disputed area in the Himalayas and troops were disengaging. The foreign ministry said it had reached an “understanding” after talks with Beijing about the tense confrontation in …

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China urges halt to US-S.Korea military drills

Beijing, China | AFP | China on Monday renewed its call for the United States and South Korea to suspend joint military drills as the two nations began annual war games that have infuriated nuclear-armed Pyongyang. “The current situation on the Korean peninsula is highly sensitive and fragile, which requires the …

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US launches formal trade investigation into China

Washington, United States | AFP | The United States on Friday formally launched a trade investigation into China’s intellectual property practices and forced transfer of American technology, which President Donald Trump had called for this week. “On Monday, President Trump instructed me to look into Chinese laws, policies, and practices …

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Alibaba profit nearly doubles on robust revenues

Shanghai, China | AFP |Chinese e-commerce giant Alibaba said Thursday its net profit almost doubled in the latest quarter on the back of solid revenue growth in its core shopping business and in cloud computing. Alibaba, which has made billionaire founder Jack Ma one of China’s richest men and a …

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