live Israel insists on troops in southern Lebanon as Rubio promotes peace deal
Israel's defence minister said on Wednesday Israeli troops will not withdraw from southern Lebanon, highlighting a hurdle to Iran-U.S. peace talks, as...
China’s Ambassador to Spain, Yao Jing, stated that China is eager to be seen as a partner rather than a rival to the European Union, emphasizing the need for collaboration amidst shifting global dynamics and U.S. trade policies, which he described as "unilateral economic abuse."
In an interview with Reuters, Yao criticized the EU's 2019 strategy that described China as its "partner for cooperation, economic competitor, and systemic rival," calling it a contradictory stance. He pointed out that both China and the EU advocate for open markets and rules-based trade, and he stressed that China would never pose a threat to the EU. "We should put our focus on partnership," Yao said, contrasting China’s multilateral approach with U.S. President Donald Trump's isolationist policies.
Yao’s comments come as Spain seeks to strengthen its economic and political ties with China. Last week, Spanish Prime Minister Pedro Sanchez met with Chinese President Xi Jinping in Beijing. The meeting was widely seen as an effort to bolster Sino-European relations amid the economic fallout from U.S. tariffs. Before the trip, U.S. Treasury Secretary Scott Bessent warned that closer ties with China would be "cutting your own throat," a remark that was dismissed by the Spanish government.
Responding to Bessent’s comments, Yao expressed surprise and frustration, accusing the U.S. of causing harm with its unilateral tariffs. "The U.S. in fact cuts everyone's throats with its unilateral tariffs," he said. "And this is why China is firmly against this kind of economic abuse by the United States."
Trade Issues and Cooperation
On the subject of trade, Yao urged the EU to lift export controls on key high-tech products like semiconductors and remove tariffs on Chinese electric vehicles (EVs). He also called for an end to restrictions on Chinese companies such as Huawei and ZTE, which have faced limitations in accessing Europe's 5G network.
In return, Yao highlighted China's efforts to open its own markets to foreign investment, including in sectors like telecommunications, banking, and manufacturing. "We've made it very clear that China will open its door with the passage of time, and this door will never be closed," he said, noting that China is ready to expand market access to EU members, as demonstrated by recent agreements with Spain.
One such agreement involved granting China access to Spanish pork stomach, a product previously unauthorized for export. This move was seen by some analysts as a possible signal that Beijing may ease its anti-dumping investigation into EU pork, which was launched last year in retaliation for EU tariffs on Chinese EVs.
Despite the ongoing probe into EU pork imports, Yao conveyed a willingness to resolve trade differences through dialogue and negotiations, reinforcing China’s commitment to long-term economic cooperation with Europe.
As the U.S. continues to impose tariffs on global trade, including with both China and the EU, the economic and political landscape is evolving, with China positioning itself as a key player in reshaping international relations and trade norms.
Israel's defence minister said on Wednesday Israeli troops will not withdraw from southern Lebanon, highlighting a hurdle to Iran-U.S. peace talks, as the top U.S. diplomat tours the Middle East to win over allies sceptical about a proposed deal.
A Ukrainian strike has damaged a school building in a Russian-controlled area of Ukraine’s Zaporizhzhia region, according to local authorities cited by the TASS news agency. No injuries were reported in the incident.
U.S. President Donald Trump said that Iran had agreed to nuclear inspections into "infinity, despite Tehran's denials, and that unfrozen Iranian assets would be used to buy humanitarian supplies from the United States.
Authorities in France are reporting that about 20 people have died over the weekend while swimming in unsupervised areas of rivers, lakes and coastal waters as they tried to escape the heatwave.
Ebola cases in the Democratic Republic of Congo have surpassed 1,000, with health officials warning that the outbreak is spreading rapidly through displacement camps and across borders.
Turkish President Recep Tayyip Erdoğan has said he will “most likely” hold bilateral talks with U.S. President Donald Trump during next month’s NATO summit in Ankara, where the American leader is expected to attend.
Russia has called for clarification on whether U.S. President Donald Trump has changed his position on the war in Ukraine following remarks made at the recent G7 summit in Evian-les-Bains.
The European Union and Taliban officials held talks in Brussels on Tuesday on consular services and the situation of Afghans whose asylum applications have been rejected in Europe.
China’s anti-corruption authorities have launched an investigation into Bian Zhigang, a senior defence and space official, over suspected serious violations of discipline and law, officials said on Wednesday.
Alibaba, one of the world's largest technology and e-commerce companies, has sued the U.S. Pentagon after being added to a blacklist of firms it claims support China's military, escalating a dispute with potentially significant consequences for the company.
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