Posts Tagged ‘China’
[ Nikkei ] U.S. set to resume trade talks with China
U.S. Trade Representative Katherine Tai is expected to speak to Chinese vice premier Liu He by telephone over the next few days, calling on China to respect the “phase one” trade agreement it signed with Washington under former President Donald Trump. The U.S. also plans to resurrect partial exemptions on punitive tariffs to help curb the impact of…
Read More[ Fibre2Fashion ] Chinese textile prices may go up 30-40% due to power cuts
Prices of textiles and garments made in China are likely to rise by 30 to 40 per cent in the coming weeks on account of planned shutdowns in industrial provinces of Jiangsu, Zhejiang and Guangdong. The shutdowns are due to the government’s effort to reduce carbon emissions and shortage of electricity production owing to short…
Read MorePLA Navy to build anime-inspired aircraft?
According to Georgio Zagkas (@GZakas) on twitter, an aircraft concept of China’s People Liberation Army – Navy (PLAN) is revealed at Zhuhai 2021 / Airshow China 2021. In the tweet, it explains that the aircraft is meant to replace the Shenyang J-15, a reverse-engineered Su-33. However, for fans of Japanese anime/manga/games, especially those interested in…
Read More[ ABC Rural ] Coking coal price hits record highs as Chinese steel-makers face pain
The price of metallurgical coal has risen to record levels as trade tensions and border problems push the cost for Chinese importers sky-high Coal for coking purposes has soared despite declines in iron ore values attributed to Chinese steel-makers abiding by a government directive to avoid buying from Australia. The value has surged to $US410 a tonne…
Read More[ Reuters ] Canada foreign minister says eyes wide open when it comes to normalizing China ties
Huawei Technologies Co Ltd Chief Financial Officer Meng Wanzhou, the daughter of Huawei founder Ren Zhengfei, flew back to China on Friday after reaching an agreement with U.S. prosecutors to end a bank fraud case against her. That resulted in the scrapping of her extradition battle in a Canadian court. Soon after Meng flew to…
Read More[ The Defenstar ] Argentina to buy inferior and more expensive JF-17 over FA-50 due to UK
Argentia has decided to buy 12 FC-1 ‘Xiaolong’ a.k.a. JF-17 Block-3 jets from China for 664 million USD (55 million per unit) rejecting other fighters on offer including the South Korean FA-50. India had not offered its Tejas fighter due to geopolitical reasons, however this deal helped to finally reveal the unit price of the…
Read More[ ABC News ] Why World Bank is under fire over set of rankings
World Bank has long been accused of using sloppy methodology and of succumbing to political pressure in producing the rankings. This week, the bank dropped the report after investigators had reviewed internal complaints about “data irregularities’’ in the 2018 and 2020 editions of “Doing Business” and possible “ethical matters” involving World Bank staff members. In…
Read More[ Sky News ] China says AUKUS submarine deal ‘highly irresponsible’ and ‘intensifies the arms race’
In Beijing, Chinese Foreign Ministry spokesman Zhao Lijian condemned the move and said: “The US, the UK and Australia’s cooperation in nuclear submarines severely damages regional peace and stability, intensifies the arms race, and jeopardises the international efforts in promoting the non-proliferation of nuclear weapons. “The US and UK’s action of exporting highly sensitive nuclear…
Read MoreAUKUS trilateral security partnership is now a thing
Australia, United Kingdom and the United States announces on 15 September 2021 at the White House, that the 3 countries will now form a new trilateral security partnership called AUKUS. The partnership will allow scientists, industries and defense forces from the 3 countries to work together. The cooperation will include cyber technologies, artificial intelligence, quantum…
Read MorePhilippines Air Force to decide between the Fighting Eagle (FA-50PH) and the Fighting Falcon (F-16C/D)?
On June 24 this year (2021), US State Department had approved the sale of 12 x F16 Block 70/72 fighters to the Philippines – 10 x single seat F16C and 2 x two seater F16D…. although collectively, Block 70/72 are also known as F16V “Vipers”. However, the Philippines defense secretary, Delfin Lorenzano told the Philippines…
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