China reportedly promised Dhaka $5 billion in loan assistance ahead of the visit. The eventual outcome of deal amounted to $100 mn
US President Joe Biden on Thursday said China will face consequences for helping Russia in its war against Ukraine and noted that some of the European countries are going to curtail their investment in the eastasian country. The issue is that we have to make sure that Xi Jinping understands there's a price to pay for undercutting both the Pacific Basin as well as Europe and as relates to Russia and dealing with Ukraine, Biden told reporters at a press conference here. So for example, if you want to invest in China, you have to have a 51-per cent Chinese owner. You have to make sure that you do by their rules, and provide all access to all the data and information you have, he sad. There was a while there, as you recall, the last administration and the others, where the access to that market was enticing enough to get companies to come in because they had access to over a billion people in a market, not a billion but a lot of people in the market, he said. So they were doing it, but
In a video he posted from a Beijing airport tarmac on Monday on X, Orban hailed China as the only world power "clearly committed to peace''
Chinese President Xi Jinping has called on world powers to help Russia and Ukraine resume direct dialogue and negotiations during a meeting Monday with Hungary's Prime Minister Viktor Orbn, according to state broadcaster CCTV. Orbn made a surprise visit to China after similar trips last week to Russia and Ukraine to discuss prospects for a peaceful settlement in Ukraine. Orbn praised China's constructive and important initiatives for achieving peace and described Beijing as a stabilizing force amid global turbulence, according to CCTV.
Hungary's Prime Minister Viktor Orbn is making a surprise visit to China on Monday after similar trips to Russia and Ukraine to discuss prospects for a peaceful settlement in Ukraine. Peace mission 3.0 is how Orbn captioned a picture posted early Monday on the X social media platform depicting him after having stepped off his plane in Beijing. He was being greeted by Chinese Vice Minister of Foreign Affairs Hua Chunying and other officials. Orbn later met with Chinese President Xi Jinping, according to state broadcaster CCTV. Besides Russia and Ukraine, the end of the war depends on the decision of three world powers, the United States, the European Union and China, Orbn wrote in a Facebook post showing him shaking hands with Xi. Orbn met with Xi just two months ago when he hosted the Chinese leader in Hungary as part of a three-country European tour that also included stops in France and Serbia, which unlike the other two is not a member of the European Union or NATO. Hungary und
Russian President Vladimir Putin and Chinese President Xi Jinping on Thursday attended the summit of a security grouping created by Moscow and Beijing to counter Western alliances. Putin and Xi joined the leaders of other countries that are members of the Shanghai Cooperation Organisation at its annual meeting in Kazakhstan's capital of Astana. The grouping was established in 2001 by China, Russia and the four ex-Soviet Central Asian nations of Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan to promote regional security and economic cooperation. It was later joined by India, Pakistan and Iran. Russia's western neighbour and ally, Belarus, joined the SCO on Thursday. Observer states and dialogue partners include Turkiye, Saudi Arabia and Egypt. Addressing the summit, Putin emphasised the group's focus on ensuring security of its members and said the SCO will form a dedicated centre that will coordinate response to various security challenges. He added that the group's members will
Putin and Xi have expanded the SCO, a club founded in 2001 with Russia, China and Central Asian nations, to include India, Iran and Pakistan as a counterweight to the West
EU trade policy has turned increasingly protective over concerns that China's production-focused development model could see it flooded with cheap goods
Russian President Vladimir Putin and Chinese President Xi Jinping met Wednesday for the second time in as many months as they visited Kazakhstan for a session of an international group founded to counter Western alliances. Putin and Xi last got together in May when the Kremlin leader visited Beijing to underscore their close partnership that opposes the U.S.-led democratic order and seeks to promote a more multipolar world. Now they'll be holding meetings amid the annual session of the Shanghai Cooperation OrganiSation taking place Wednesday and Thursday in the Kazakh capital of Astana. A look at the summit: What is the Shanghai Cooperation Organisation? The Shanghai Cooperation Organisation was established in 2001 by China and Russia to discuss security concerns in Central Asia and the wider region, Other members are Iran, India, Pakistan, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan. Observer states and dialogue partners include Turkey, Saudi Arabia and Egypt. Who's attendi
Global investors see the investment pitch with skepticism, partly due to Xi Jinping's policies
The SCO summit will take place from July 3-4 in Astana, the capital city of Kazakhstan
"The Five Principles have set a historic benchmark for international relations and international rule of law," he said, highlighting their relevance to ending the present-day conflicts
China will never leave the road of peaceful development, Xi said at a conference commemorating China's guiding principles for foreign affairs first formulated 70 years ago
The government had requested in March the annulment of its decision to give Hong Kong-based Cosco Shipping Ports exclusive rights
Xi took CMC members and department heads to visit revolutionary relics at Wangjiaping, where the CMC's headquarters was stationed
The investigation is the latest effort by Washington to prevent Beijing from exploiting Chinese firms' access to US data to harm companies
Some PBOC watchers see the proposals as part of a decades-long shift in which the central bank has gradually allowed markets more of a role in determining interest rates
Former US House Speaker Pelosi's remarks come after the US Congress passed a Bill last week urging Beijing to re-engage with the Dalai Lama to peacefully resolve the dispute over Tibet
Since its founding in 1949, the People's Republic of China has used panda diplomacy to boost its international image, either by gifting or lending panda to foreign zoos as goodwill animal ambassadors
Two influential American Senators along with leaders from the corporate world have called for strengthening ties with India, including in the defence sector. We want India and the United States to be the very best of friends with the deepest relationships, Senator Steve Daines said on Monday. He was speaking at a fireside between John Chambers and Senator Dan Sullivan during the annual Leadership Summit of the US India Strategic and Partnership Forum (USISPF). I think globally it's so important here that we have clarity around who the good guys are and how we want to perpetuate these relationships and strengthen relationships. And the good guys are the United States and India, the Senator from Montana said. China is watching what we are doing with India, Daines said. Senator Dan Sullivan said a lot of these countries are motivated by historical grievances. "I think this... new era, it's really a return to the era of authoritarian aggression, is going to be with us for years and ..