Tajikistan emerges as one of Central Asia’s fastest-growing economies
Tajikistan has strengthened its position as one of Central Asia’s fastest-growing economies. According to the European Bank for Reconstruction and D...
China rejected U.S. President Donald Trump's accusations of breaching a recent trade agreement, labeling them as "groundless" and warning it will respond decisively to protect its economic interests.
China’s Ministry of Commerce has firmly rejected accusations made by U.S. President Donald Trump that Beijing violated the consensus reached during last month’s trade talks in Geneva, calling the claims "groundless" and politically motivated.
The response follows Trump’s remarks on Friday, in which he alleged that China had failed to honor its commitment to roll back tariffs, part of a bilateral agreement reached to ease escalating trade tensions.
In a statement issued Monday, the Chinese ministry emphasized that Beijing has consistently implemented the Geneva agreement, while accusing Washington of heightening economic friction through a series of "discriminatory and restrictive" measures. These include tighter controls on AI chip exports, a ban on certain chip design software sales to China, and visa restrictions on Chinese students.
"The U.S. government has unilaterally and repeatedly initiated economic and trade conflicts, increasing uncertainty and instability in bilateral relations," the ministry said.
Under the Geneva deal reached in mid-May, both nations agreed to suspend triple-digit tariffs for a 90-day period. China also pledged to remove restrictions on critical metal exports vital to U.S. industries, including semiconductors and defense manufacturing.
However, Trump escalated tensions further on Friday by announcing a doubling of import duties on steel and aluminium to 50%. While China is the world’s largest steel producer, its exports to the U.S. have already been sharply reduced since the U.S. imposed a 25% tariff in 2018. China remains the third-largest aluminium supplier to the United States.
Pakistan has warned that any attempt by India to block or significantly reduce river flows under the Indus Waters Treaty could have “far-reaching consequences”, after India's water minister said New Delhi was working to ensure that “not a single drop” of water reaches Pakistan in the coming years.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
Armenia has every right to choose Europe. But Europe’s support for Armenia’s direction should not become automatic approval of its political process.
U.S. President Donald Trump has said a peace agreement with Iran is scheduled to be signed on Sunday in a post on social media, despite Tehran's Foreign Ministry spokesperson Esmaeil Baghaei saying no deal would be approved this weekend.
Japan’s birth rate and fertility levels have fallen to their lowest levels on record, highlighting the country’s worsening demographic crisis as fewer people marry and have children.
The New York Knicks defeated the San Antonio Spurs 94-90 to close out the series 4-1 and claim their first NBA championship since 1973, sparking celebrations across New York City.
In the runup to the G7 summit, hosted by France in Évian-les-Bains on Monday, 15 June, China has addressed global economic balances in a videoconference hosted by French President Emmanuel Macron. It is a rarity for Beijing to engage directly with the group.
Switzerland on Sunday rejected a referendum proposal to cap its population at 10 million, a projection showed, as voters prioritised economic stability and the country's ties with the European Union over immigration concerns.
Romania's centrist President Nicușor Dan on Sunday designated Adrian Veștea, a member of the liberal party, as prime minister, after independent candidate Eugen Tomac withdrew.
North Korea said on Sunday, 14 June, that denuclearisation is a matter that is irreversibly terminated, in a condemnation of recent nuclear deterrence talks between the U.S. and South Korea.
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