Latest Beijing News

US to host Chinese trade delegation starting April 3

Mar. 23, 2019 2:22 PM EDT

WEST PALM BEACH, Fla. (AP) — The U.S. will host a delegation from China led by Vice Premier Liu He early next month, following a trip by U.S. officials to China in an effort to improve trade relations, the White House said Saturday. White House press secretary Sarah Sanders said President Donald Trump is...

Italy, China sign accord deepening economic ties

Mar. 23, 2019 1:33 PM EDT

ROME (AP) — Italy signed a memorandum of understanding with China on Saturday supporting Beijing's "Belt and Road" initiative, which aims to weave a network of ports, bridges and power plants linking China with Africa, Europe and beyond. With the move, Italy becomes the first member of the Group of Seven...

In China, Apple's Cook says he's bullish on global economy

Mar. 23, 2019 4:54 AM EDT

BEIJING (AP) — Apple CEO Tim Cook said Saturday that he is "extremely bullish" about the global economy based on the amount of innovation underway, and urged China to continue to "open up" amid complaints from the U.S. and others that it is shutting foreign firms out of key high-tech industries. In a...

IDB bank calls off annual meeting next week in China

Mar. 23, 2019 4:47 AM EDT

WASHINGTON (AP) — The Inter-American Development Bank is calling off its general assembly next week in China amid a dispute over the participation of a Venezuelan representative opposed by Beijing. The IDB did not say in a press release the reason for canceling the meeting, planned for March 28-31 in...

China stops purchase of Canadian canola seeds

Mar. 22, 2019 9:50 PM EDT

TORONTO (AP) — China has stopped all new purchases of Canadian canola seeds in what some see as retaliation for Canada's arrest of a top executive of Chinese tech giant Huawei. The Canola Council of Canada said late Thursday exporters are reporting Chinese importers are unwilling to purchase the seeds at...

China to give $989 million to build new highway in Sri Lanka

Mar. 22, 2019 2:10 PM EDT

COLOMBO, Sri Lanka (AP) — China has agreed to provide a loan of $989 million to Sri Lanka to build an expressway that will connect the island nation's tea-growing central region to a China-run seaport on the southern coast, the island's finance ministry said Friday. The Export-Import Bank of China has...

Italy, China deepen ties under wary gaze of US, EU

Mar. 22, 2019 12:31 PM EDT

MILAN (AP) — Italy's head of state told visiting Chinese President Xi Jinping on Friday that China's new "Silk Road" linking Europe and Asia must be a "two-way street," addressing concerns among Western allies that the colossal infrastructure project is meant merely to amplify Beijing's global influence....

Stocks fall on growth worries, Brexit doubts

Mar. 22, 2019 8:37 AM EDT

SINGAPORE (AP) — Stocks fell sharply in Europe on Friday after surveys showed manufacturing in the region slowed in March and amid news that the European Union offered only a brief extension to the Brexit deadline. U.S. markets also appeared headed for a lower open. Britain's FTSE 100 led the decline,...

Italian move to join China's Belt and Road coup for Beijing

Mar. 22, 2019 7:53 AM EDT

BEIJING (AP) — Despite criticisms, Beijing has been steadily gathering support for its "Belt and Road" initiative, which aims to weave a network of ports, bridges and power plants linking China with Africa, Europe and beyond. Italian Premier Giuseppe Conte has pledged to sign a memorandum of understanding...

China to investigate firms sanctioned by US over North Korea

Mar. 22, 2019 6:54 AM EDT

BEIJING (AP) — China said Friday it will look into charges against two Chinese firms sanctioned by the U.S. because they are suspected of helping North Korea evade sanctions. China upholds all United Nations Security Council sanctions against the North over its nuclear and missile programs, Foreign...