Latest China News
China's 2019 economic growth weakens amid trade war
BEIJING (AP) — China’s economic growth sank to a new multi-decade low in 2019 as Beijing fought a tariff war with Washington, but forecasters said a U.S.-Chinese trade truce might help to revive consumer and business activity. The world’s second-largest economy grew by 6.1%, down from...
Banks, communications companies lead stocks in early trading
NEW YORK (AP) — U.S. stocks edged higher in early trading Friday as solid earnings from banks helped extend momentum from the previous day's rally. State Street and Citizens Financial were among the latest banks to report encouraging results in a week of solid reports from larger financial institutions....
Global stocks inspired by US rally, hopes for Chinese growth
Global stocks rose Friday, seemingly buoyed by high spirits on Wall Street, as new data suggested China's economic slowdown may have stabilized and Washington and Beijing signed a trade deal. European indexes were broadly higher, while markets in Shanghai, Tokyo and Hong Kong closed with gains, after the U.S.'s...
Russia's foreign minister slams 'aggressive' US policies
MOSCOW (AP) — Russia's foreign policy chief on Friday blamed what he described as “aggressive” U.S. policies for growing global tensions, noting Washington's reluctance to extend a key nuclear arms pact. Sergey Lavrov, who serves as acting foreign minister in the wake of Wednesday's...
Chinese president heads to Myanmar for crucial state visit
NAYPYITAW, Myanmar (AP) — China's President Xi Jinping was given a lavish welcome to Myanmar as he arrived Friday for a state visit meant to deepen bilateral relations at a critical time. The visit nominally marks the 70th anniversary of the establishment of diplomatic relations between China and Myanmar,...
Putin's, Xi's ruler-for-life moves pose challenges to West
MOSCOW (AP) — Russia’s Vladimir Putin and China's Xi Jinping have established themselves as the world’s most powerful authoritarian leaders in decades. Now it looks like they want to hang on to those roles indefinitely. Putin's sudden announcement this week of constitutional changes that...
Rybakina, Zhang advance to Hobart International final
HOBART, Australia (AP) — Elena Rybakina twice received on-court treatment late in the third set Friday and still beat British qualifier Heather Watson 6-3, 4-6, 6-4 in the semifinals of the Hobart International. The 20-year-old Rybakina said she pulled a muscle. "It happened to me for the first time and I...
China population now over 1.4 billion as birthrate falls
BEIJING (AP) — China's population crept past 1.4 billion last year for the first time, even as the birthrate continues to fall. The National Bureau of Statistics said Friday the population on the Chinese mainland reached 1.40005 billion at the end of 2019, with another overall gain of 4.67 million people....
Fiat Chrysler in talks with Foxconn to develop electric cars
MILAN (AP) — Fiat Chrysler is in talks with the Chinese company Foxconn to develop and manufacture battery-powered vehicles, the U.S.-Italian automaker said Friday. Fiat Chrysler is in the process of merging with France's PSA Peugeot, which is 12% owned by Chinese company Dongfeng Motor Co. Both Fiat...
Hong Kong airline stops pregnancy tests for Saipan travelers
HONG KONG (AP) — The airline Hong Kong Express has apologized for having required some female passengers bound for the U.S. territory of Saipan to take pregnancy tests. The low-cost carrier said in a statement Friday that it began requiring such tests in February 2019, after concerns were raised by Saipan...
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