MAGADAN | TASS | Russian President Vladimir Putin on his way to the Russian-American summit in Alaska has stopped in Magadan, where he will visit the Omega-Sea plant, the Presidential sports complex, the Mayak Park social and cultural center, lay flowers at the monument to the heroic pilots, and hold …
Read More »China set to roll out independent customs operations for islands
BEIJING | Xinhua | China’s Hainan Free Trade Port (FTP) is set to launch an island-wide independent customs operation on Dec. 18, 2025, underscoring the country’s wider push for high-standard opening up. In the latest episode of China Economic Roundtable, an all-media talk show hosted by Xinhua News Agency, senior …
Read More »Tariffs start to bite as U.S. consumer prices hike
WASHINGTON, the United States | Xinhua | U.S. President Donald Trump’s tariff stick has pushed up levies on foreign goods to the highest levels in nine decades, imposing heavier costs on American households and businesses. The new customs duties, which took effect in early August, now apply to almost every …
Read More »What to expect at upcoming Trump-Putin summit in Alaska?
BEIJING, CHINA | Xinhua | U.S. President Donald Trump and Russian President Vladimir Putin are set to meet on August 15th in Alaska to discuss a potential ceasefire in Ukraine, marking the first talks between the leaders of the two countries since 2021. On the campaign trail in 2023 and …
Read More »Trump announces deployment of National Guard in Washington D.C.
WASHINGTON | Xinhua | U.S. President Donald Trump said at a White House press conference Monday that he is deploying the National Guard to assist in restoring law and order and public safety in Washington, D.C. Trump also stated that he has formally invoked the Home Rule Act to place …
Read More »Why is Alaska chosen as venue for Trump-Putin summit?
MOSCOW | Xinhua | U.S. President Donald Trump and Russian President Vladimir Putin are set to meet on Friday in the U.S. state of Alaska, marking the first visit by a Russian president to the United States since 2015. WHY ALASKA? The choice of the location “does make sense,” said …
Read More »Al Jazeera condemns killing of five staff by Israel
DOHA | Xinhua | The Al Jazeera Media Network on Monday condemned the killing of five of its staff by the Israeli army in Gaza. In a statement, Al Jazeera described the attack as “another blatant and premeditated assault on press freedom.” “This attack comes amid the catastrophic consequences of …
Read More »U.S. should look at its own problems instead of blaming China
BEIJING, CHINA | Xinhua | Recent remarks by U.S. officials accusing China of “flooding” global markets with exports and calling for a “rebalancing” of its economy are merely recycled arguments long used against China. These claims disregard the profound changes taking place as China advances toward high-quality and sustainable economic …
Read More »Toyota cuts fiscal 2025 net profit forecast due to U.S. tariff
TOKYO, JAPAN | Xinhua | Toyota Motor Corp. on Thursday revised its net profit forecast for the current fiscal year ending March 2026 downwards to 2.66 trillion yen (about 18 billion U.S. dollars) due to higher U.S. auto tariffs. The full-year net profit estimate marked a 44.2 percent drop from …
Read More »Resilience of Chinese economy anchors global stability
BEIJING, CHINA | Xinhua | Amid escalating global uncertainties fueled by rising unilateralism, protectionism and geopolitical tensions, China’s commitment to stable policymaking and consistent long-term planning stands as a vital asset for the stability of the global economy. This stable and promising policy environment was reaffirmed at the meeting of …
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