The Indian capital declared a pollution emergency and banned the entry of trucks and construction activity as a toxic smog hung over the city for a third day on Thursday and air quality worsened by the hour. Illegal crop burning in the farm states surrounding New Delhi, vehicle exhaust emissions in a city with limited […]
Read morePresident Donald Trump received a ringing endorsement this week from an unexpected source: A highly nationalistic Chinese propaganda outlet. In a Thursday editorial, China’s Global Times praised many of the U.S. leader’s qualities, and criticized the American media for “fake reports” that painted a negative picture of the man. “Trump is one of the most […]
Read moreSpeaking in Beijing on Thursday, President Donald Trump said he will work to address what he described as unfair practices from the Chinese that have led to a mismatch of benefits from U.S.-China commerce. The president was quick to note, however, that he did not blame Beijing for having been able to get away with […]
Read moreChina’s top state oil major Sinopec, one of the country’s top banks and its sovereign wealth fund have agreed to help develop Alaska’s liquefied natural gas sector as part of President Donald Trump’s visit, the U.S. government said on Thursday. Alaska Gasline Development, the State of Alaska, Sinopec, China Investment Corp and the Bank of […]
Read morePresident Donald Trump’s policies have placed China as a leader on the international stage, according to Ian Bremmer, founder and president of political consultancy Eurasia Group. A year into his presidency, Trump’s priority of American jobs and the economy, a doctrine called “America First,” has resulted in a broad U.S. withdrawal from international engagement, reflected […]
Read moreAs President Donald Trump continues to push for one-on-one trade partnerships in Asia, Australia’s minister for trade says his country still sees merit in bigger blocs. “We are unashamedly pro a multilateral rules-based global trading system. We think it has served the world very well, notwithstanding that there are, of course, pockets where we have […]
Read moreChinese tech firm Tencent Holdings said in a statement on Thursday it wanted to use its expanded stake in Snapchat owner Snap to explore cooperation on mobile games publishing and a news feed. Tencent, which first invested in Snap in 2013, has recently bought enough shares to raise its stake in Snap to 12 percent, […]
Read moreChina’s consumer inflation rate accelerated to 1.9 percent in October from a year earlier, beating market expectations, the National Bureau of Statistics (NBS) said on Thursday. The consumer price index (CPI) had been expected to rise 1.8 percent on-year compared with an increase of 1.6 percent in September. Producer prices rose 6.9 percent on-year, unchanged […]
Read moreAsian stocks climbed in early Thursday trade, following the firmer lead from Wall Street in the last session. Ahead, investors in the region will await the release of Chinese inflation data and keep an eye on President Donald Trump’s stop in Beijing. Japanese markets soared on Wednesday, with the Nikkei 225 rising 1.08 percent in […]
Read morePresident Donald Trump is landing in China later on Wednesday with trade and North Korea on his mind, but the Chinese have a plan to loosen him up on those topics: a charm offensive. Beijing is billing Trump’s time in the country as a “state visit-plus” with some added perks that other world leaders don’t […]
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