China and Ecuador vow to deepen trade and investment ties
China and Ecuador mark a key step in strengthening bilateral ties by agreeing to expand and deepen cooperation in trade, investment and economic development.
Chinese Ambassador Xie Feng emphasized China’s economic resilience and called for collaboration between China and the U.S. to ensure mutual security and prosperity.
Chinese Ambassador to the United States, Xie Feng, recently stressed that underestimating China is unwise, dismissing pessimistic views about the nation’s future as baseless. At the U.S.-China Business Council’s 2024 Gala Dinner in Washington, D.C., Xie highlighted China’s economic resilience and its commitment to deepening reforms and expanding high-standard opening-up.
Xie noted that China’s economy is on a “generally steady, sound and upward trajectory,” expressing confidence in achieving this year’s growth targets. He mentioned plans for proactive and impactful macroeconomic policies to maintain stability and address potential risks in the coming year.
Addressing trade relations, Xie criticized protectionist measures, stating that attempts to weaponize tariffs or erect barriers would only isolate those who implement them. He warned that such actions could disrupt global industrial and supply chains, advocating instead for collaboration to ensure mutual security and prosperity.
The ambassador’s remarks come amid ongoing discussions about the future of China-U.S. economic and trade relations. Xie reiterated China’s openness to international businesses, including American firms, inviting them to participate in China’s development opportunities.
Xie emphasized that cooperation between China and the United States is essential for global safety and prosperity, suggesting that working together would benefit both nations and the world.
Iran launched 18 ballistic missiles late Sunday targeting the U.S. military’s Al-Udeid Air Base in Qatar, the largest American installation in the Middle East.
The U.S. Embassy in Qatar has advised American citizens to shelter in place amid rising tensions between Israel and Iran, as part of a broader global security alert issued by Washington.
In a televised address on Saturday night, U.S. President Donald J. Trump announced that American forces, in coordination with Israel, had conducted precision strikes on Iran’s Fordow, Natanz, and Isfahan nuclear sites, aiming to dismantle Tehran’s enrichment capabilities.
President Donald Trump announced that U.S. forces struck three Iranian nuclear facilities, including Fordow, Natanz, and Esfahan, marking direct American involvement in the ongoing Israel-Iran conflict.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
The United States and China have resolved disputes over rare earth mineral and magnet shipments, overcoming a key hurdle that had delayed a trade agreement reached in May.
The European Union plans closer cooperation with Pacific Rim nations under the CPTPP to advance global trade rules, but insists it is not seeking to replace the World Trade Organization.
The Kremlin has voiced strong concern over Estonia’s readiness to host NATO’s nuclear-capable F-35A jets, calling the move an immediate danger to Russia.
At least nine people, including children and their rescuers, died after sudden floodwaters swept through a river in Pakistan’s Swat Valley, turning a family picnic into tragedy.
North Korea plans to attract Russian tourists after opening its long-delayed Wonsan-Kalma coastal resort to domestic travellers in July, amid deepening ties with Moscow.
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