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China

Zelensky advisor flags obstacle to Xi talks
China, Ukraine

Zelensky advisor flags obstacle to Xi talks

China has yet to decide whether it wants to mediate in the Ukraine conflict or “carefully stand aside,” top official claims Ukrainian presidential adviser Mikhail Podoliak speaks during an interview with AFP in Kiev, on November 17, 2022. ©  Genya SAVILOV / AFP Chinese President Xi Jinping and his Ukrainian counterpart Vladimir Zelensky may hold negotiations but the preparatory work has stumbled into certain complications, Mikhail Podoliak, a senior aide to the Ukrainian leader, said on Thursday. Speaking on Ukrainian national TV, Podoliak confirmed plans for talks between the two leaders, claiming that this initiative had been floated by Kiev. He added that the groundwork is being laid by both the Ukrainian presidential office and by the foreign ministry. H...
China and Russia top list of states with largest trade surplus
China, Russia

China and Russia top list of states with largest trade surplus

Both countries saw indicators grow to record highs last year on soaring exports © Getty Images / John Lamb China and Russia became the world leaders in trade surplus last year, according to calculations by RIA Novosti based on data from the national statistical services of both countries. A trade surplus is an indicator of a positive balance of trade, where a country's exports exceed its imports. Traditionally, by showing that local currency and resource inflow exceeds outflow, a surplus serves as an indicator of a healthy economy. Both countries broke their own records in 2022, with China's trade surplus surging 30% to an all-time high of $877.6 billion. The country exported approximately $3.59 trillion worth of goods, a growth in export value of about 7% compared ...
Apple boss hails China ties
China, USA

Apple boss hails China ties

Tim Cook has praised the company’s nearly 30-year-long relationship with the country, both as a market and a manufacturing hub © Getty Images / VCG US iPhone maker Apple and China have “grown together” over the past three decades, and the relationship between the company and one of its largest markets has become “symbolic,” Apple CEO Tim Cook said at the China Development Forum in Beijing on Saturday. In his first visit to China since the start of the Covid-19 pandemic in 2020, Cook said the company would soon celebrate the 30th anniversary of operating in the Chinese market. “We could not be more excited… Apple and China… grew together and so this has been a symbiotic kind of relationship,” Apple CEO stated, as cited by the Financial Times. During his speech,...
Honduras severs diplomatic relations with Taiwan
China, Honduras

Honduras severs diplomatic relations with Taiwan

Just 13 nations still officially recognize the island, though many more including the US engage with its government Foreign ministers of Honduras and China shake hands in Beijing upon establishing diplomatic relations between their two countries ©  AFP / Greg Baker Honduras has ended diplomatic relations with Taiwan after decades of engagement with the contested island territory, the country’s Foreign Ministry announced on Sunday. The move comes less than two weeks after President Xiomara Castro revealed that Tegucigalpa would establish relations with Beijing. “The government of Honduras recognizes the existence of just one China in the world, and the government of the People’s Republic of China is the only legitimate government that represents all of China,”&n...
Timofey Bordachev: Why the West’s standoff with Russia and China is a big opportunity for the world’s second-tier powers
China, Europe, Russia, USA

Timofey Bordachev: Why the West’s standoff with Russia and China is a big opportunity for the world’s second-tier powers

With the US distracted by its attempts to “contain” Moscow and Beijing, other players have a window of freedom By Valdai Club Programme Director Timofey Bordachev FILE PHOTO. Wearing traditional shirts, Thomas Bach (center, left), IOC president, and Xi Jinping (center, right), president of the People's Republic of China, attend dinner on the sidelines of the G20 summit. ©  Kay Nietfeld/picture alliance via Getty Images We can argue all we like about how the new international order will look but one thing is clear: it will not resemble any previous incarnation. History does not tend to repeat itself, which always means that recourse to historical analogies remains a sign of intellectual unpreparedness for contemporary events. It’s the same today – a...
Russia-China gas megadeal ‘at final stages’
China, Russia

Russia-China gas megadeal ‘at final stages’

Moscow hopes to seal an agreement on the Power of Siberia 2 pipeline this year, deputy Prime Minister Aleksandr Novak says ©  gazprom.ru Talks between Moscow and Beijing on building the Power of Siberia 2 natural gas pipeline that will double existing transit capacity are at “the final stages,” TASS news agency reported on Thursday, citing a senior Russian official. According to Deputy Prime Minister Aleksandr Novak, China and Russia expect the deal to be struck by the end of this year. “Gazprom and China’s CNPC are finalizing their contractual obligations. A feasibility study and the project for the pipeline route through Mongolia are already underway. We hope, we are sure, that our companies will reach an agreement and sign the contract by the end of ...
Venezuelan: President Maduro Congratulates Xi on His Re-Election
China, Venezuela

Venezuelan: President Maduro Congratulates Xi on His Re-Election

By:  teleSUR Since the past decade, China has been one of the most important trading partners of Venezuela, a Latin American country that has the world's largest proven oil reserves. On Friday, Venezuela's President Nicolas Maduro congratulated Xi Jinping on his unprecedented re-election for a third term as president. RELATED: Putin Congratulates Xi on Election as Chinese President "My congratulations to President Xi Jinping... A friend of Venezuela and a leader with whom we will continue along the paths of building a new humanity with a common destiny, cooperation and well-being", the Bolivarian leader tweeted. Previously, the Chinese National People's Congress ratified Xi Jinping, who is also secretary of the Communist Party, as president for the period...
G7 vs BRICS — Off to the Races
China, Russia, USA

G7 vs BRICS — Off to the Races

Scott Ritter: G7 vs BRICS — Off to the Races An economist digging below the surface of an IMF report has found something that should shock the Western bloc out of any false confidence in its unsurpassed global economic clout G7 leaders meeting on June 28, 2022, at Schloss Elmau in Krün, Germany. (White House/Adam Schultz) By Scott Ritter / Consortium News Last summer, the Group of 7 (G7), a self-anointed forum of nations that view themselves as the most influential economies in the world, gathered at Schloss Elmau, near Garmisch-Partenkirchen, Germany, to hold their annual meeting. Their focus was punishing Russia through additional sanctions, further arming of Ukraine and the containment of China. At the same time, China hosted, through video conference, a gather...
Russia and China Summit: The Reconfiguration of World Power
China, Russia

Russia and China Summit: The Reconfiguration of World Power

Russia and China Summit: The Reconfiguration of World Power The three day Moscow summit signals China and Russia's commitment to each other and the vision of a new multipolar world. Putin-Xi meeting (2023). Kremlin.ru, CC BY 4.0 https://creativecommons.org/licenses/by/4.0, via Wikimedia Commons By Diego Ramos / Original to ScheerPost Russian President Vladimir Putin welcomed newly re-elected Chinese President Xi Jinping for a three day summit in Moscow earlier this week. As they conclude their three day meeting, Putin and Xi leave a paper trail of documents demonstrating a significant development in Sino-Russian relations, with both leaders expressing admiration and allegiance for each other’s countries. From the war in Ukraine to economic cooperation to Latin Ame...
Pentagon starts redeployment to deter Russia and China
China, Russia, USA

Pentagon starts redeployment to deter Russia and China

US Defense Department will bring newer attack aircraft to Europe and the Pacific, the newspaper reports A-10 Warthogs planes perform a fluover during the NASCAR Sprint Cup Series CARFAX 400 at Michigan International Speedway on August 15, 2010 in Brooklyn, Michigan © Getty Images / Rusty Jarrett/Getty Images for NASCAR The United States will send decades-old A-10 attack planes to the Middle East, replacing more advanced aircraft currently stationed in the region, which it instead intends to deploy in Europe and the Pacific, the Wall Street Journal reported on Thursday. The redeployment, which is expected in April, will mean that the US will reserve more sophisticated aircraft to counter perceived threats from Russia and China. The older A-10 planes are consider...