Latest China News

Pompeo, NKorean official to meet about possible Kim summit

Jan. 18, 2019 9:33 AM EST

WASHINGTON (AP) — Secretary of State Mike Pompeo is to meet former North Korean spy chief Kim Yong Chol on Friday for talks aimed at finalizing a second summit between President Donald Trump and North Korean leader Kim Jong Un. The State Department announced the late-morning meeting, and other...

Top US Navy officer urges China to avoid confrontations

Jan. 18, 2019 9:09 AM EST

TOKYO (AP) — The U.S. Navy's top officer said he urged China to follow international rules at sea to avoid confrontations and insisted Friday that ships should be able to pass safely though disputed areas of the South China Sea and Taiwan Strait. Chief of U.S. Naval Operations Adm. John Richardson told...

Global stocks rise on hopes for US trade progress

Jan. 18, 2019 7:17 AM EST

BEIJING (AP) — Global stocks rose Friday after investors saw signs of possible progress toward a resolution of the U.S.-Chinese tariff war. KEEPING SCORE: In Europe, London's FTSE 100 gained 1.4 percent to 6,932 and Germany's DAX advanced 1.5 percent to 11,079. France's CAC 40 rose 1.6 percent to 4,872. On...

Oxford suspends research funding from China's Huawei

Jan. 18, 2019 6:15 AM EST

LONDON (AP) — Oxford University says it is suspending research grants and funding donations from Huawei amid growing security concerns about the Chinese telecom giant. It's another setback for Huawei's image in Europe, an important market for the company, which has been effectively blocked in the U.S. over...

ASEAN ministers rock no boats in Myanmar, South China Sea

Jan. 18, 2019 5:57 AM EST

CHIANG MAI, Thailand (AP) — Foreign ministers of the 10-member Association of Southeast Asian Nations on Friday hewed to the group's practice of reaching the least provocative consensus possible in discussions of such divisive issues as Myanmar's Rohingya crisis and China's territorial claims in the South...

China, Germany promise closer financial cooperation

Jan. 18, 2019 5:30 AM EST

BEIJING (AP) — China and Germany promised Friday to open their markets wider to each other's banks and insurers, giving Beijing a burst of positive trade news amid conflicts with Washington and Europe. The two sides also affirmed support for a global trading system that other governments worry is...

Chinese stocks rise on hopes for US trade progress

Jan. 18, 2019 12:15 AM EST

BEIJING (AP) — Chinese stocks rose Friday on signs of possible progress in negotiations over Beijing's tariff war with Washington. KEEPING SCORE: The Shanghai Composite Index advanced 0.8 percent to 2,579.76 and Hong Kong's Hang Seng gained 1 percent to 27,013.20. Tokyo's Nikkei 225 added 1.2 percent to...

China slump squeezes workers, hammers consumer spending

Jan. 17, 2019 11:21 PM EST

BEIJING (AP) — Yu Mingang had a good job helping Chinese manufacturers prepare to sell shares to the public until the cooling economy derailed those plans. As demand for auditing services sank, the 25-year-old accountant in the eastern city of Hangzhou was laid off in December. Yu tightened his belt: No...

Chinese ambassador warns Canada to stop rallying allies

Jan. 17, 2019 6:20 PM EST

TORONTO (AP) — China's ambassador to Canada warned the Canadian government Thursday to stop recruiting international support in its feud with China and threatened retaliation if Canada bans Chinese telecommunications giant Huawei for security reasons. Ambassador Lu Shaye said last month's arrest of a top...

Trump says US will develop space-based missile defense

Jan. 17, 2019 5:08 PM EST

WASHINGTON (AP) — Moving to protect the U.S. from advanced missile threats from China and Russia, President Donald Trump on Thursday laid out plans for a new array of space-based sensors and other high-tech systems designed to more quickly detect and defeat attacks. Trump, in a speech at the Pentagon,...