China’s yuan climbed to a new 32-month high against the dollar on Monday as the central bank continued its recent practice of carefully guiding the currency stronger by lifting the official midpoint guidance to manage the pace of appreciation. Despite the firm fixings, the central bank has been setting the midpoint weaker than market projections...
Britain and China aim to revive a “golden era” business dialogue when Prime Minister Keir Starmer makes a planned Beijing visit next week, said three sources familiar with the initiative, with top executives from both sides expected to participate. AstraZeneca, BP, HSBC, Intercontinental Hotels Group, Jaguar Land Rover, Rolls Royce, Schroders and Standard Chartered, are...
Canadian Prime Minister Mark Carney and Chinese President Xi Jinping met at the Great Hall of the People in Beijing. During the first visit to China by a Canadian government since 2017, Prime Minister Mark Carney and President Xi Jinping held bilateral talks. Carney said that both sides should focus on areas where they can...
Zhu noted that the United States’ “sanctions” policy is not new and stressed that China should remain calm and respond with composure. Professor Zhu Weilie, Director of the Institute of Middle East Studies at the Shanghai International Studies University, evaluated Washington’s plans to impose a 25 percent tariff on countries trading with Iran in an...
Canadian Prime Minister Mark Carney said that relations between Canada and China are recovering rapidly during his four-day official visit to China. Carney noted that the groundwork has been laid to elevate Canada–China relations to the level of a strategic partnership. Meeting in Beijing with Zhao Leji, Chairman of the Standing Committee of China’s National...
Beijing opposes interference in other countries’ internal affairs and threats of the use of force in international relations, Chinese Foreign Ministry spokeswoman Mao Ning said on Tuesday, commenting on the situation in Iran. “We consistently oppose interference in other countries’ internal affairs and oppose the use or threat of force in international relations,” Mao told...
China’s Ministry of Foreign Affairs has strongly reacted to U.S. President Donald Trump’s announcement that countries trading with Iran will face a 25 percent tariff. Spokesperson Mao Ning said China will “firmly safeguard its legitimate rights and interests,” signaling possible retaliation from Beijing. China’s Foreign Ministry warned of countermeasures in response to the U.S. decision...