Mexico is preparing to raise tariffs on Chinese imports of automobiles, textiles and plastics, Bloomberg News reported on Thursday, under a proposal expected to be part of the 2026 budget to be submitted to the nation’s Congress next month. If confirmed, the increase would mark one of Mexico’s sharpest trade shifts in recent years. Officials…
Beijing has called on the new US consul general to Hong Kong to uphold the principle of non-interference and respect the city’s rule of law, following the announcement that Julie Eadeh has taken up the role after receiving the central government’s approval. Guo Jiakun, a spokesman for the Chinese foreign ministry, said on Thursday that…
China’s foreign ministry said on Wednesday it was “neither reasonable nor realistic” for Beijing to join trilateral nuclear disarmament talks reportedly discussed between US President Donald Trump and his Russian counterpart Vladimir Putin in Alaska. Trump told reporters on Monday that Washington and Moscow were discussing ways to reduce their nuclear arsenals, adding that he…
China has lodged a protest with Japan after Tokyo reportedly asked foreign leaders not to attend next month’s parade in Beijing to mark the end of World War II. Citing anonymous diplomatic sources, Japan’s Kyodo news agency reported on Sunday that Japanese embassies abroad had been warning that the Victory Day events had anti-Japanese overtones….
Hong Kong billionaire Li Ka-shing’s CK Hutchison Holdings has called for the rule of law to be respected after Panama took legal action to nullify its ports contracts, with the country’s leader also suggesting its operations be taken over by state partnerships. Legal experts said on Friday that the Hong Kong-based conglomerate could face “significant…
Hong Kong billionaire Li Ka-shing’s CK Hutchison Holdings has called for the rule of law to be respected after Panama took legal action to nullify its ports contracts, with the country’s leader also suggesting its operations be taken over by state partnerships. Legal experts said on Friday that the Hong Kong-based conglomerate could face “significant…
Hong Kong’s CK Hutchison Holdings may win Beijing’s support through its plan to bring in a mainland Chinese company as a strategic investor in the controversial sale of its global port stakes, but the change in tack has also fuelled uncertainty, experts have said. Analysts said that the planned US$23 billion deal to sell CK…
China offered to strengthen economic ties with Brazil on Monday and defend what it called “fairness” in global trade, days before sweeping US tariffs on Brazilian exports are set to take effect. At a news briefing in Beijing on Monday, Chinese Foreign Ministry spokesman Guo Jiakun said that Beijing was willing to work together with…
China has confirmed that it barred a senior Wells Fargo executive from leaving the country, saying it banned her exit because of a “criminal case” investigation. Last week, reports surfaced that Chenyue Mao, an Atlanta-based managing director at the American banking giant and a United States citizen, had been stopped from leaving China. In response,…
Bilateral ties with the EU are at a “crucial juncture,” China said on Monday, ahead of an upcoming leaders’ summit in Beijing. “China and the EU are holding the summit at this time which is of great significance and receives international attention,” Foreign Ministry spokesman Guo Jiakun told a news conference in the capital. President…