China is open to engaging in active dialogue with the United States to advance bilateral trade, based on mutual respect, Vice Commerce Minister Wang Shouwen said on Friday. He expressed confidence that China could withstand external economic shocks, including potential tariffs from US President-elect Donald Trump.
Wang emphasized China's commitment to maintaining stable and sustainable economic relations with the US and expanding areas of cooperation while managing differences. He also noted that China is prepared to address trade disruptions, as US tariffs threaten to impact Chinese manufacturers and drive factory relocations to Southeast Asia.
In response to the potential trade challenges, Chinese authorities have introduced measures to boost foreign trade, including enhancing financing support for firms and increasing agricultural exports. Regarding the yuan, Liu Ye from China's central bank stated that it would remain stable at a reasonable level, despite the effects of trade turmoil, tariffs, and the pandemic. The central bank will maintain flexibility in the yuan’s exchange rate while guarding against excessive fluctuations.
China will expand its visa-free policy to include Japan, Bulgaria, Romania, Croatia, Montenegro, and other nations from November 30, 2024, to December 31, 2025. The country will also extend the visa-free stay period for all 38 participating countries from 15 to 30 days to boost tourism and trade.
Taiwan's President Lai Ching-te will visit Pacific allies Palau, the Marshall Islands, and Tuvalu at the end of the month. Details of any U.S. stopovers, typically included in such trips, remain unclear.
China's defense minister declined a meeting with U.S. Defense Secretary Lloyd Austin during a meeting of defense leaders in Laos, a move the Pentagon chief said on Wednesday was unfortunate.
Chinese President Xi Jinping urged German Chancellor Olaf Scholz to help resolve EU tariffs on Chinese electric vehicles during talks at the G20 summit. Xi emphasized the importance of dialogue to settle trade differences. Scholz also discussed geopolitical issues, including the Ukraine war.
A vehicle ploughed into students and pedestrians outside a primary school in China's Hunan province on Tuesday morning and several people were injured
Prime Minister Viktor Orban said on Friday he would invite Israeli Prime Minister Benjamin Netanyahu to visit Hungary, saying he would guarantee that an International Criminal Court arrest warrant against Netanyahu would "not be observed".
Negotiations at COP29 in Baku face a critical impasse as sharp divisions over climate finance and fossil fuel commitments threaten progress.
Kim Jong Un has accused the U.S. of escalating tensions, warning of a heightened risk of nuclear war on the Korean Peninsula. He criticized past U.S. negotiations as hostile and suggested reopening talks if the U.S. changes its approach.
Heavy gunfire erupted in South Sudan’s capital, Juba, on Thursday evening after security forces attempted to arrest the former head of the National Security Service, Akol Koor Kuc. The shooting lasted for over an hour, prompting safety warnings for UN staff.
"Come up with the video in its full form," demands the COP29 CEO, Elnur Soltanov, in an exclusive interview with AnewZ. The chief executive has broken his silence on the claims he was using his position to organise potential fossil fuel deals.
The United Nations COP29 climate change conference in Baku seeks $1 trillion annually to help vulnerable nations tackle climate change, as political tensions and Argentina’s withdrawal overshadow talks.
Kim Jong Un has accused the U.S. of escalating tensions, warning of a heightened risk of nuclear war on the Korean Peninsula. He criticized past U.S. negotiations as hostile and suggested reopening talks if the U.S. changes its approach.
Heavy gunfire erupted in South Sudan’s capital, Juba, on Thursday evening after security forces attempted to arrest the former head of the National Security Service, Akol Koor Kuc. The shooting lasted for over an hour, prompting safety warnings for UN staff.
Russia provided North Korea with missiles and military aid in exchange for deploying 10,900 troops to support its war in Ukraine, some of whom have reportedly engaged in combat, according to South Korean officials.
A Russian drone attack on Sumy, Ukraine, early Friday killed two and injured 12, damaging buildings and vehicles. This follows recent deadly attacks, including a missile strike on Sunday that killed 11 and caused power outages.
Prime Minister Viktor Orban said on Friday he would invite Israeli Prime Minister Benjamin Netanyahu to visit Hungary, saying he would guarantee that an International Criminal Court arrest warrant against Netanyahu would "not be observed".
Negotiations at COP29 in Baku face a critical impasse as sharp divisions over climate finance and fossil fuel commitments threaten progress.
Kim Jong Un has accused the U.S. of escalating tensions, warning of a heightened risk of nuclear war on the Korean Peninsula. He criticized past U.S. negotiations as hostile and suggested reopening talks if the U.S. changes its approach.
Heavy gunfire erupted in South Sudan’s capital, Juba, on Thursday evening after security forces attempted to arrest the former head of the National Security Service, Akol Koor Kuc. The shooting lasted for over an hour, prompting safety warnings for UN staff.
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