live Hormuz shipping slows as Iran's Araghchi sets conditions for resumption
Shipping through the Strait of Hormuz slowed to a near standstill over the weekend, with five commodity vessels transiting Saturday and none on Sun...
China says it addressed EU concerns over trade imbalances, climate and Ukraine during the China-EU Summit in Beijing, insisting its new energy exports are a “contribution” to the global green transition, not a sign of “overcapacity”.
China has described the 25th China-EU Summit held in Beijing on 24 July as a milestone in deepening bilateral ties, marking the 50th anniversary of diplomatic relations between the two sides. President Xi Jinping, Premier Li Qiang, European Council President Antonio Costa and European Commission President Ursula von der Leyen took part in what Chinese officials called “long, in-depth and candid” discussions.
Spokesperson Guo Jiakun told reporters the summit yielded “important common understandings” across multiple areas, including economic partnership, strategic trust, and international cooperation.
Guo said China stressed mutual respect and open cooperation as guiding principles for future ties, with President Xi proposing deeper dialogue, fair handling of trade frictions, and support for multilateralism. “We should uphold mutual respect, consolidate partnership... and jointly safeguard international rules and order,” Xi said during the summit, according to Guo.
Premier Li Qiang added that shared commitment to free trade and multilateralism would help strengthen the global economy and promote a multipolar world.
On trade, China said it offered “comprehensive and detailed” responses to EU concerns, including on industrial subsidies and alleged overcapacity in sectors such as electric vehicles. “China’s new energy capacity is advanced capacity that can bridge the world’s ‘green gap’. It is contribution, not ‘excess’,” Guo said.
The EU has previously raised concerns about unfair subsidies and limited market access for European firms. In response, China expressed readiness to import more high-quality European products and called on Brussels to ease restrictions on high-tech exports.
The summit also produced a joint statement on climate change, highlighting shared goals ahead of the upcoming UN Climate Change Conference in Belém. The statement reaffirmed the importance of the China-EU green partnership and included plans to upgrade their export control dialogue to ensure stable supply chains.
On Ukraine, China reaffirmed its position of neutrality and promotion of dialogue. Guo emphasised that the conflict “is not and should not become an issue between China and the EU.” China also objected to EU sanctions on Chinese companies over alleged Russia ties.
Despite existing frictions, Guo described the summit as “positive and constructive”, adding that both sides agreed to strengthen mutual trust and cooperation.
“We hope the EU will work with China in the same direction to jointly usher in an even brighter future,” Guo said.
At least 11 people were killed in Israeli strikes on southern Lebanon on Saturday, among the deadliest since a June ceasefire. Meanwhile, Qatar denied holding Iranian pilots. It said it had found the remains of one pilot after an airspace violation and had contacted Iran to coordinate a handover.
Shipping through the Strait of Hormuz slowed to a near standstill over the weekend, with five commodity vessels transiting Saturday and none on Sunday. Iran's Foreign Minister Abbas Araghchi said Washington must meet Tehran's conditions for shipping to resume.
A wildfire in Croatia driven by strong winds descended on the tourist town of Omis overnight, engulfing houses, forcing about 1,000 people to evacuate to safety and injuring dozens, fire brigade and health officials said on Friday.
U.S. President Donald Trump's threats to make the Strait of Hormuz part of U.S. territory have been mocked by Iran's Deputy Foreign Minister, Kazem Gharibabadi, who said the sea passage "cannot be seized by tweet."
Residents of villages in eastern Indonesia hit by a deadly earthquake that killed at least 54 people were awaiting aid on Monday as rescuers prepared to comb through collapsed buildings in search of people trapped beneath the rubble.
Nearly a week after a powerful 7.4-magnitude earthquake struck western Colombia, hopes of finding more survivors are fading as rescue teams search collapsed buildings and communities confront widespread destruction.
Central Asia has become a major focus for Eurasian transport investment, with $71.7 billion committed to 114 projects, according to the Eurasian Development Bank’s 2026 Transport Observatory.
The European Union is preparing what foreign policy chief Kaja Kallas has described as its most far-reaching sanctions package against Russia since the war in Ukraine began.
Weeks after thousands of students protested in New Delhi over alleged failures in India’s examination system, the so-called Cockroach movement is taking its campaign to the grassroots, launching audits of state-run schools.
UNESCO Director-General Khaled El-Enany visited Ukraine for the first time since taking office, meeting Foreign Minister Andrii Sybiha in Kyiv on 15 August to discuss protecting the country’s cultural heritage amid continued Russian attacks.
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