China’s vice premier He Lifeng and US Treasury Secretary Scott Bessent are expected to attend the meeting in South Korea Wednesday. (File pic) BEIJING: Senior Chinese and US officials will hold talks in South Korea in the coming days, Beijing’s commerce ministry and Washington’s treasury secretary said Sunday, ahead of an expected summit between leaders…
Beijing’s point man on Hong Kong affairs and a senior national energy official have held meetings with CLP Holdings chairman Michael Kadoorie, with observers saying it signalled the firm was expected to help minimise livelihood disruptions amid the ongoing global fuel crisis and support the Northern Metropolis megaproject. The Hong Kong and Macau Affairs Office…
Shifting policies under US President Donald Trump’s administration are expected to heighten market volatility in Hong Kong this year, the finance chief has said, but he also expressed “cautious optimism” about the capital market, noting that business and political leaders he met at the World Economic Forum viewed the city much more positively than in…
American soybean farmers got some rare good news on Wednesday just hours before a high-stakes meeting between Chinese President Xi Jinping and US President Donald Trump when news broke that Beijing had placed its first order after months of trade tension that saw shipments blocked. The Trump administration hailed the move as a “positive step…
US President Donald Trump said he may discuss a decline in Chinese purchases of Russian oil with Xi Jinping following US sanctions on two major oil companies and expressed disappointment with Vladimir Putin over his conduct of the war in Ukraine. Trump, speaking to reporters en route to Asia to meet world leaders, including Xi,…
With the US threatening to leverage its software strengths ahead of fresh trade talks with China in response to its recent export controls on rare earths, analysts say Beijing is unlikely to make major concessions, though progress could be made on issues such as soybeans or fentanyl. Washington is reportedly considering imposing curbs on a…
US Treasury Secretary Scott Bessent confirmed plans to speak with Chinese Vice-Premier He Lifeng on Friday in a further sign of easing tensions ahead of a potential meeting between the two countries’ leaders. “The vice-premier, who is my counterpart, and I will be speaking this evening at around 8.30, 9 o’clock,” Bessent said at the…
US Treasury Secretary Scott Bessent said on Thursday he expects coming talks with China to yield a “big breakthrough” in trade relations, adding that aid for soybean farmers could be announced as soon as Tuesday. Bessent made the upbeat predictions during an interview with CNBC. “The most important thing we’re going to see,” the Treasury…
China’s top official overseeing ethnic and religious affairs has saluted Beijing’s approach to Xinjiang over the past decade, bookending a landmark trip by President Xi Jinping to the region to mark its founding. Addressing a major event in Urumqi on Thursday for the 70th anniversary of the Xinjiang Uygur autonomous region, Wang Huning said that…
The White House claimed on Saturday that the US operations of TikTok will be spun off, its board will be mostly Americans and its algorithm will be controlled in the US, after President Donald Trump and his Chinese counterpart Xi Jinping discussed a deal for the short video platform in a phone call on Friday….