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Keyword: redchina

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  • Merkel visits China seeking united front against Trump on trade, Iran

    05/22/2018 7:10:34 AM PDT · by Olog-hai · 55 replies
    AFP via TheLocal.de ^ | 22 May 2018 14:18 CEST+02:00
    Chancellor Angela Merkel visits China on Thursday, seeking to close ranks with the world’s biggest exporting nation as US President Donald Trump shakes up explosive issues from trade to Iran’s nuclear deal. Finding a common strategy to ward off a trade war and keep markets open will be Merkel’s priority when she meets with President Xi Jinping, as Washington brandishes the threat of imposing punitive tariffs on aluminium and steel imports. “Both countries are in agreement that open markets and rules-based world trade are necessary. That’s the main focus of this trip,” Merkel’s spokeswoman Martina Fietz said in Berlin on...
  • Airlines caving to Beijing despite White House protest [calling Taiwan part of Red China]

    05/22/2018 5:04:54 AM PDT · by Olog-hai · 10 replies
    Associated Press ^ | May 22, 2018 6:55 AM | Erika Kinetz
    Global airlines are obeying Beijing’s demands to refer to Taiwan explicitly as a part of China, despite the White House’s call this month to stand firm against such “Orwellian nonsense.” The Associated Press found 20 carriers, including Air Canada, British Airways and Lufthansa, that now refer to Taiwan, the self-ruled island that Beijing considers Chinese territory, as a part of China on their global websites. There are just three days left for dozens of foreign airlines to decide whether to comply with Beijing’s orders, or face consequences that could cripple their China business, including legal sanctions. Many have already sided...
  • 'Absurd and incomprehensible': France warns that US-China trade deal could cost Europe

    05/20/2018 3:45:33 PM PDT · by Olog-hai · 31 replies
    TheLocal.fr ^ | 20 May 2018 15:00 CEST+02:00 | AFP
    Europe could end up rueing a potential new deal between China and the United States after the two sides stepped back from a trade war, France’s Economy Minister Bruno Le Maire warned on Sunday. “The United States and China risk entering an agreement at the expense of Europe if Europe is not capable of showing a firm hand,” Le Maire told CNEWS television. “The United States wants to make Europe and European countries pay for China’s bad behavior. All of that is totally absurd and incomprehensible for allies,” he said. His comments came after a joint statement issued in Washington...
  • US, China say Beijing commits to buying more American goods

    05/19/2018 2:28:10 PM PDT · by Olog-hai · 5 replies
    Associated Press ^ | May 19, 2018 4:48 PM | Martin Crutsinger and Paul Wiseman
    Just-ended U.S.-China trade talks produced a commitment by Beijing to “significantly increase” its purchases of American goods and services, according to a joint statement Saturday from the rival economic powers trying to lower trade tensions. They also agreed on “meaningful increases” in U.S. exports of agriculture and energy products and greater efforts to increase trade in manufactured goods and services. The statement, however, provided no dollar amounts on how much China might boost its purchases of American products. The statement also was silent on whether the talks had made progress in easing the trade standoff between the world’s two biggest...
  • Beijing showing signs of compromise in trade talks with US

    05/18/2018 10:39:01 PM PDT · by Olog-hai · 14 replies
    Associated Press ^ | May 18, 2018 5:26 PM | Paul Wiseman and Kelvin Chan
    China is sending conciliatory signals as U.S. and Chinese negotiators meet in Washington to try to head off a trade war between the world’s two biggest economies. Beijing has dropped an anti-dumping investigation into imported U.S. sorghum, which it had accused the United States of unfairly subsiding. It has also given approval for a U.S. private equity firm to buy Toshiba’s memory chip business. Those gestures could suggest a thaw with the U.S. as trade talks went on for a second day Friday in Washington. “China has come to trade,” Larry Kudlow, the top White House economic adviser, told reporters....
  • Germany seeks Russian support after Donald Trump's Iran decision

    05/12/2018 9:27:41 AM PDT · by Olog-hai · 46 replies
    Deutsche Welle ^ | 05.11.2018 | Jefferson Chase
    One unintended consequence of Donald Trump’s decision to pull the United States out of the Iran nuclear agreement has been to bring Germany and Russia together again. German-Russian relations had soured because of alleged Russian cyberattacks and the Kremlin’s annexation of Crimea. But the US President’s hardline policy on around the Joint Comprehensive Plan of Action (JCPOA) for Iran has intensified the search for common ground in Berlin and Moscow. German Chancellor Angela Merkel is scheduled to meet Russian President Vladimir Putin in Sochi on May 18, and on Friday morning the two spoke on the telephone. “The importance of...
  • Cheney on Threats to U.S.: ‘I Think the Chinese Long-term Are the Most Serious, ...’

    05/10/2018 1:02:32 PM PDT · by cba123 · 12 replies
    Breitbart ^ | 10 May, 2018 | Jeff Poor
    In an interview that aired Thursday on Fox Business Network’s “Morning with Maria,” former Vice President Dick Cheney offered an assessment of the current threats to the United States and declared that long-term, China presents the “most serious” threat. “My concern is, I sense that there are several rising at once,” Cheney said. “We say it’s the Russians, or it’s the Chinese. I think the Chinese long-term are the most serious, have the most capability, and have made some phenomenal gains economically, which they’re now converting to better military capability, and so forth.” (please see link for full article)
  • China tech giant crippled, US imports held amid trade spat

    05/10/2018 5:22:52 AM PDT · by Olog-hai · 19 replies
    Associated Press ^ | May 10, 2018 7::44 AM | Kelvin Chan
    A Chinese tech giant brought to its knees and delays for imported U.S. cars, apples, lumber and other agricultural products are early signs the widening trade dispute between China and the U.S. is exacting a toll on both sides. More talks aimed at resolving the conflict are planned for next week in Washington, while both sides dig in for a fight over their trade imbalance. The tech company, telecommunications equipment and smartphone maker ZTE, said Wednesday that it’s ceasing “major operations” after the U.S. last month banned it from doing business with American suppliers for seven years as a punishment...
  • Karl Marx a tool to 'win the future' for China, Xi Jinping says

    05/05/2018 10:32:23 AM PDT · by Olog-hai · 38 replies
    Deutsche Welle ^ | 05.04.2018 | ng/msh (AP, Reuters, dpa)
    Ahead of Karl Marx’s 200th birthday on Saturday, Xi Jinping referred to the German philosopher as “the greatest thinker of modern times,” calling his theories on communism a tool for China to “win the future.” According to the official Xinhua News Agency, he said Marx’s name was “still respected all over the world” and that “his theory shines with the brilliant light of truth.” He also claimed that putting “Marxism onto the flag of the Chinese Communist party was totally correct.” […] Xi has instructed all party members to read Marxist works and to adopt Marxist theories as a “way...
  • Karl Marx statue erected in Trier for 200th birthday celebrations [Germany; present from China]

    04/16/2018 1:11:59 AM PDT · by Olog-hai · 27 replies
    Deutsche Welle ^ | 04.13.2018 | nm/rt (KNA, dpa, epd)
    Workers installed a 5.5-meter (18-foot) statue of Karl Marx in Trier’s city center on Friday ahead of celebrations to mark the 200th anniversary of his birth. The huge bronze figure was mounted atop a pedestal right in front of the former Marx family home, but it won’t be unveiled to the public just yet. That spectacle has been reserved for his birthday on May 5. […] The 2.3 ton statue was a present from the People’s Republic of China — a fact that has fueled plenty of debate in the community in recent months. “The glorifying Marx monument is a...
  • Claims China wants Vanuatu wharf for a naval base

    04/10/2018 6:23:37 AM PDT · by BenLurkin · 7 replies
    Radio New Zealand ^ | 04/10/2018
    There is a furore in Australia over concerns China is aiming to make a huge wharf it has built at Luganville in Vanuatu a naval base. According to Fairfax media in Australia there have been reports that China has discussed with Vanuatu using the new 360 metre wharf at Luganville as a naval base. The wharf was built by a Chinese company funded by a soft loan from China. Don Wiseman spoke with the director of the Lowy Institute's Pacific programme, Jonathan Pryke, and began by asking him if there is any credence in the report that China is chasing...
  • Trade war fears ease and stocks jump; Dow rises 250 points

    04/05/2018 10:21:24 AM PDT · by Olog-hai · 11 replies
    Associated Press ^ | Apr 5, 2018 12:53 PM EDT | Marley Jay
    Stocks in the U.S. are rising Thursday and major indexes in Europe are surging as global markets continue a rally that began late the previous day. Wall Street is getting more optimistic that a trade dispute between the U.S. and China, the two largest economies in the world, will be resolved without too much pain. Some of the biggest gains are going to technology companies, retailers and banks. The S&P 500 index climbed 18 points, or 0.7 percent, to 2,662 as of 12:45 p.m. Eastern time. The Dow Jones industrial average rose 237 points, or 1 percent, to 24,501. It...
  • Bibles pulled from online stores as China increases control of religion

    04/05/2018 7:08:28 AM PDT · by tired&retired · 10 replies
    CNN ^ | April 5, 2018 | James Griffiths
    The Bible appears to have been removed from online marketplaces in China, as Beijing clamps down on how its citizens practice religion. China has always controlled sales of the Bible, only allowing it to be distributed and printed by state-sanctioned churches, but in recent years it had been available to buy online. That loophole now appears to be firmly closed. Searches for "Holy Bible" did not return results on JD.com, and results on Amazon.cn did not include the main text, but did include study guides and the Koran. On Taobao, China's biggest online marketplace, a search returned results for the...
  • Why Xi’s lifting of term limits is a good thing

    04/03/2018 10:00:52 AM PDT · by C19fan · 36 replies
    Washington Post ^ | April 2, 2018 | Eric X. Li
    Western media and the Chinese chattering classes have been in an uproar since China’s National People’s Congress approved constitutional changes that included lifting the two-term presidential limit. China approves “president for life,” proclaimed Western media. But this misinterprets the nature of the development. And the world appears to be overlooking consequential political reforms taking place in China that will impact our collective future for the better.
  • Chinese space station to unleash 'series of FIREBALLS' before crashing into Earth in days

    03/27/2018 7:57:06 AM PDT · by Red Badger · 55 replies
    www.dailystar.co.uk ^ | 27th March 2018 | By Joshua Nevett
    THE REMAINS of an out-of-control Chinese space station are expected to light up the sky with “fireballs” before crashing down to Earth within days. China’s defunct space station, named Tiangong-1 or “heavenly place”, is expected to fall to Earth between March 30 and April 2, latest estimates suggest. Most of the eight-tonne space probe, launched in 2011, should “burn up” in the atmosphere before crash landing, Chinese space officials say. China’s space agency, CNSA, have never fully explained why Tiangong-1 "ceased functioning" on March 16 after reaching its "final phase of life". According to space experts, the odds of being...
  • Top Hong Kong officials should swear to uphold China’s constitution, says delegate to national…

    03/22/2018 9:19:41 AM PDT · by Olog-hai · 3 replies
    Hong Kong Free Press ^ | 20 March 2018 12:18 | Kris Cheng
    Raymond Tam, a local deputy to the National People’s Congress, has suggested that the city’s top government officials should swear to uphold China’s constitution. Tam, the former secretary for constitutional and mainland affairs, made his suggestion at an earlier meeting of the national legislature. Article 104 of the Basic Law stipulates that when assuming office, the chief executive, principal officials, members of the Executive Council, members of the Legislative Council, judges and other members of the judiciary should swear to uphold the Basic Law and swear allegiance to the Hong Kong Special Administrative Region. […] Article 31 of the Chinese...
  • China's premier: 'We don't want to see a trade war'

    03/19/2018 9:52:16 PM PDT · by Olog-hai · 13 replies
    Associated Press ^ | Mar 20, 2018 12:17 AM EDT | Gillian Wong
    Premier Li Keqiang said Tuesday that China doesn’t want to see a “trade war” with the United States and hopes to reach a negotiated settlement of disputes. Speaking at a nationally televised news conference, Li said rash action would hurt all sides. He made no mention of a possible Chinese response to any increase in U.S. import controls. Beijing faces mounting pressure from the government of U.S. President Donald Trump over complaints it hampers access to its markets, pressures foreign companies to hand over technology and is flooding foreign markets with unfairly low-priced steel and other goods. That has prompted...
  • China warns Donald Trump against Taiwan military ties

    03/18/2018 9:36:27 AM PDT · by Olog-hai · 28 replies
    Deutsche Welle ^ | 03.18.2018 | shs/jlw (AFP, Reuters)
    US President Donald Trump’s “Taiwan Travel Act” continues to draw ire from Chinese authorities. Chinese foreign ministry spokesman Lu Kang said Saturday the bill “severely violates” the “one China” principle and sends “very wrong signals to the ‘pro-independence’ separatist forces in Taiwan.” “China is strongly opposed to [the bill],” Lu said in a statement. “We urge the US side to correct its mistake, stop pursuing any official ties with Taiwan or improving its current relations with Taiwan in any substantive way,” he added. In a separate statement, Chinese defense ministry spokesman Wu Qian said the act “interferes in China’s internal...
  • European Central Bank: Trump tariff move 'dangerous'

    03/08/2018 6:41:29 PM PST · by Olog-hai · 15 replies
    Associated Press ^ | Mar 8, 2018 12:44 PM EST | David McHugh
    Europe’s top monetary official criticized U.S. President Donald Trump’s proposal to put tariffs on steel and aluminum imports as a “dangerous” unilateral move. Mario Draghi, the president of the European Central Bank, said that the “immediate spillover of the trade measures … is not going to be big.” But he said such disputes should be worked out among trade partners, not decided by measures initiated from one side. “Whatever convictions one has about trade … we are convinced that disputes should be discussed and resolved in a multilateral framework, that unilateral decisions are dangerous.” “There is a certain worry or...
  • German economy minister wants tougher foreign investment rules

    03/04/2018 2:42:41 PM PST · by Olog-hai · 2 replies
    TheLocal.de ^ | 3 March 2018 14:56 CET+01:00 | AFP
    Germany’s economy minister on Saturday suggested tightening the rules on foreign investment, following concern over Chinese influence on European firms. Last month, it emerged that Chinese billionaire Li Shufu had quietly bought a near-10-percent stake worth around €7.2 billion ($8.9 billion) in German car giant Daimler — making him the group’s largest shareholder. “We must always adapt our law on the external economy according to new developments, including the threshold at which (the government) can become involved,” Economy Minister Brigitte Zypries told the weekly Der Spiegel. Currently, Berlin can scrutinize a transaction and possibly prevent it, if the foreign investor...