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“In international relations, all politics is personal,” Biden said during a visit to South Korea in 2013. Just after touching down in the U.K. Wednesday, Biden told service members at a Royal Air Force station in Mildenhall that he’d visited “well over 100 countries” as a senator and vice president. Biden offered: “Possibilities.”“Personal relationships are the only vehicle by which you build trust,” Biden told Xi two years later when he returned for more meetings in Beijing. There’s a risk, though, of focusing on the personal at the expense of the substance. But Biden has often told the story of his last-known face-to-face meeting with Putin, telling him bluntly that he “has no soul.”“We understand each other,” Biden says Putin replied.
Persons: Joe Biden, Justin Trudeau, Angela Merkel, Biden, China’s Xi, Naomi, ” Biden, Donald Trump’s, warily, Jen Psaki, “ He's, , , he’d, Xi, Vladmir Putin, Vladimir Putin, Jake Sullivan, There’s, Putin, Ted Kaufman, Biden’s, ” Kaufman, MSNBC’s Ayman Mohyeldin, … He’s, Trump, “ He’s, Matthew Goodman Organizations: IVES, White, Foreign Relations, Wednesday, Royal Air Force, , U.S, Center for Strategic & International Studies Locations: England, Canadian, Berlin, China, Cornwall, South Korea, Europe, Mildenhall, Beijing, Delaware, United States, U.S
Live Live Updates: Biden Revokes and Replaces Trump’s Order Seeking TikTok Ban The Trump administration fought to ban TikTok and force its Chinese-owned parent company, ByteDance, to sell the app. Biden revokes and replaces Trump’s executive order that sought to ban TikTok. President Biden is set to revoke a Trump-era executive order that sought to ban TikTok from U.S. app stores. After Google resisted complying, the Justice Department under Mr. Biden kept the effort going until dropping it last Wednesday. President Biden is set to leave for Europe on Air Force One, but the press plane that will accompany him ran into delays.
Persons: Biden, Trump, Biden revokes, Narinder Nanu, Donald J, TikTok, Biden’s, ByteDance, Doug Mills, Vladimir V, Putin, , Barry Pavel, “ They’ve, Michael D, Zack DeZon, General Merrick B, Garland, CNN —, , Dean Baquet, DeVonta Smith, Brad Stewart Jr, Kevin C, Cox, , Stefani Reynolds, Jacquelyn Martin, Shelley Moore Capito, Josh Gottheimer, Brian Fitzpatrick, Rob Portman, Kyrsten Sinema, can’t, Pramila Jayapal, Val Demings, Rubio, Greg Nash, Marco Rubio, Stater, Demings, Trump’s, Bill Nelson, Mr, Nancy Pelosi, you’re, Stephanie Murphy, Alan Grayson, Ron DeSantis, DeSantis, Charlie Crist, Nikki Fried, Rick Scott, Patrick Murphy, Marco ”, Julien Neals, Kevin Lamarque, Julien Xavier Neals, Regina M, Rodriguez, Tom Williams, Chuck Schumer, “ We’re, Ketanji Brown Jackson, Mitch McConnell of, Xi, Schumer, Todd Young, Young, Republicans filibustered, Mitch McConnell, Stacey Abrams, Diwang Valdez, The New York Times Stacey Abrams, Abrams’s, Ms, Abrams, Joe Manchin III, Brian Kemp, Kemp, Katie Hobbs, Jason Frierson Organizations: Washington, Trump, Credit, Getty, Foreign Investment, Commerce Department, The New York Times, United, Oracle, ., New York Times, NATO, European Union, Republican Party, Scowcroft Center, Strategy, The Atlantic Council, Midtown Manhattan ., The New York, Justice Department, The Times, Washington Post, CNN, Biden Justice Department, Post, Google, Trump Justice Department, Department, Mr, Southeastern Conference, Senate, Air Force, Europe, , Republicans, Democrats, Associated Press, Republican, House Progressive Caucus, Democratic, Florida Democrat, Fox News, Florida Democrats, Gov, Democrat, Federal, Court, District, Circuit, Supreme, Biden White House, Capitol, U.S . Innovation, China, Georgia Democratic, CBS News, Nevada Assembly, Democratic Party, Black Voters, Washington , D.C, Civil Rights Movement Locations: AFP, China, United States, Europe, American, Russia, Washington, America, Britain, Geneva, NATO, Midtown Manhattan, Alabama, Florida, Atlanta . Alabama, Georgia, , New York, Cleveland, West Virginia, New Jersey, Pennsylvania, Ohio, Arizona, Democratic Florida, Orlando, Jacksonville, North Korea, U.S, Colorado, Mitch McConnell of Kentucky, Beijing, Indiana, China’s Xinjiang, Kentucky, Texas, New Hampshire, Michigan, Nevada, New Orleans, Washington ,
REUTERS/Jason Lee/File PhotoA U.S. congressional commission on Tuesday called on American basketball stars to end endorsements of Chinese sportswear firms that use cotton grown in China’s Xinjiang region, warning against complicity in forced labor they say takes place there. "The NBA and NBA players should not even implicitly be endorsing such horrific human rights abuses," the letter said. It said reporting since 2018 had revealed authorities in Xinjiang had systematically forced minority Muslims to engage in forced labor and there was credible evidence forced labor existed in Xinjiang cotton production. The letter, a text of which was provided to Reuters, said Anta, Li-Ning and Peak had publicly embraced Xinjiang cotton, "likely making them complicit in the use of forced labor." China's Washington embassy called allegations of forced labor "an outrageous lie."
Persons: Jason Lee, Li, Ning, Jeff Merkley, Jim McGovern, Anta, Daryl Morey, Adam Silver Organizations: NBA, REUTERS, National Basketball Players Association, Congressional, Commission, HK, Anta, Reuters, Houston Rockets, Communist, Thomson Locations: Tianjin, China, China’s Xinjiang, Xinjiang, Washington, U.S, Hong Kong, United States
Pentagon to Remove China’s Xiaomi From Blacklist After Lawsuit
  + stars: | 2021-05-12 | by ( Dan Strumpf | ) www.wsj.com sentiment -0.99   time to read: 1 min
HONG KONG—The Defense Department has agreed to remove Xiaomi Corp. from a blacklist that prohibits U.S. investment in the Chinese tech giant, reversing course after a federal court had granted a temporary halt to the ban following a lawsuit by the company. In a one-page filing in Washington, D.C., federal court Tuesday, lawyers for both sides said removing Xiaomi from the U.S. blacklist was appropriate following the company’s court victory in March, thereby avoiding additional litigation over the matter. Xiaomi filed a lawsuit in January challenging the Pentagon’s decision to place it on its blacklist of companies with alleged links to China’s military. Xiaomi denied any such ties. Shares of Xiaomi rose almost 6% in afternoon trading in Hong Kong following the disclosure.
Persons: Xiaomi, Dan Strumpf Organizations: The Defense Department, Xiaomi, Washington , D.C Locations: HONG KONG, Washington ,, Hong Kong
China’s Ximalaya, Qiniu file for U.S. IPOs
  + stars: | 2021-04-30 | by ( ) www.reuters.com sentiment -0.98   time to read: +1 min
Ximalaya, backed by China’s Tencent Holdings (0700.HK), filed for an initial public offering (IPO) in the United States on Friday, cashing in on growing demand as more people tune in to podcasts while staying at home during the pandemic. China's Qiniu Ltd, a cloud-based platform-as-a-service provider backed by Alibaba Group Holding Ltd (9988.HK), also filed paperwork for a U.S. IPO. The largest online audio platform in China, Ximalaya had 250 million average monthly average users in the first quarter of 2021, according to a regulatory filing. Founded in 2012, Ximalaya's revenue increased by 51.3% from a year earlier to 4.05 billion yuan in 2020. Qiniu and Ximalaya did not disclose any other details about their listing plans on Friday.
Persons: China’s Tencent, Qiniu, Ximalaya, Goldman Sachs, Morgan Stanley Organizations: China’s Tencent Holdings, HK, Alibaba Group Holding, General Atlantic, BofA Securities, Thomson Locations: United States, China
U.S. solar industry unveils guidelines to free supply chain of forced labor
  + stars: | 2021-04-29 | by ( Nichola Groom | ) www.reuters.com sentiment -1.00   time to read: +2 min
REUTERS/Bing GuanThe top U.S. solar industry trade group on Thursday issued a set of voluntary guidelines to solar panel manufacturers that it said could help rid products installed in the United States of components built abroad with forced labor. Some U.S. lawmakers have voiced gorwing concern that the industry is dependent upon products, specifically the raw material polysilicon, linked to work camps in China’s Xinjiang region. China, the world's largest maker of solar products, denies all accusations of abuse. "We do not want any indication of forced labor in the solar supply chain," John Smirnow, vice president of market strategy for SEIA, said in an interview. That way the wafer purchaser could trace the products back to a specific ingot, according to the document.
Persons: Bing Guan, John Smirnow, SEIA Organizations: Solar Energy, U.S, The U.S . State Department, U.S . Solar Energy Industries Association, Thomson Locations: El Centro , California, U.S, United States, China’s Xinjiang, The, China, Xinjiang
Biden’s 10-Year Climate Plan
  + stars: | 2021-04-22 | by ( The Editorial Board | ) www.wsj.com sentiment -0.99   time to read: +1 min
Mr. Biden now has a 10-year version of central economic planning. Mr. Biden’s virtual world summit was intended to coax China and other emerging countries to make more aggressive emissions reductions. The U.S. accounts for less than 15% of global CO2 emissions, Mr. Biden told world leaders. China’s CO2 emissions increased by more between 2015 and 2018 than the U.K.’s total emissions in 2018 (see nearby chart). Yet Mr. Biden now wants to double down on Mr. Obama’s futile climate gesture.
Persons: Biden, China’s Xi, Xi’s, Barack Obama’s, , Obama, fusillade Organizations: U.S Locations: China, U.S, Europe, Paris
China’s Xi Lays Out Vision for a World Without a Single Dominant Power
  + stars: | 2021-04-20 | by ( Jonathan Cheng | ) www.wsj.com sentiment -0.83   time to read: +1 min
BO’AO, China—Chinese leader Xi Jinping used a high-profile speech to call for equitable management of world affairs, underscoring Beijing’s attempts to reshape its relationship with the U.S. into one on a more equal footing. “What we need in today’s world is justice, not hegemony. Big countries should behave in a manner befitting their status and with a greater sense of responsibility.”Mr. Xi didn’t name the U.S. in his speech. But many of his remarks appeared to be aimed at Washington, and follow a testy meeting between the two countries’ top diplomats last month in Anchorage, Alaska. In his speech Tuesday, Mr. Xi laid out his view of a world without a single dominant power, centered on the United Nations and other multilateral institutions—a post-Trump reaffirmation of his view of America and China as being on the same plane.
Persons: Xi Jinping, underscoring Beijing’s, unilateralism, Mr, Xi Organizations: U.S, United Nations, Trump Locations: BO’AO, China, Asia, Hainan, U.S, Washington, Anchorage , Alaska, America
Xi Jinping, China’s top leader, called for cooperation and openness to an audience of business and financial leaders on Tuesday. He also had some warnings, presumably for the United States. Long a platform for China to show off its economic prowess and leadership, the Boao Forum is held annually on the southern Chinese island of Hainan. (Last year’s was canceled amid the coronavirus.) In recent years, Mr. Xi has used the forum to portray himself as an advocate of free trade and globalization, calling for openness even as many in the global business community have become increasingly vocal about growing restrictions in China’s own domestic market.
Persons: Xi Jinping, Xi, “ unilateralism, Tim Cook, Ray Dalio, Stephen Schwarzman Organizations: Apple, Elon, Tesla, Street Locations: United States, China, Hainan
Live Exxon Pitches Carbon Capture Plan but Seeks U.S. Support: Live UpdatesExxon Mobil makes a pitch for capturing emissions and a carbon price. Exxon wants to capture carbon from industrial plants along the Houston Ship Channel and pipe it offshore. But without a price on emitting carbon, many businesses would have little financial incentive to pay Exxon to capture and store their carbon. Mr. Woods said that, given the right policies, carbon capture projects could be a major business for Exxon around the world. And the short supply of new cars is pushing more buyers to consider used cars, raising those prices, analysts say.
Persons: Bronte Wittpenn, Obama, Darren Woods, , , Exxon, Woods, China’s Xi, Xi Jinping, Xi, “ unilateralism, Tim Cook, Ray Dalio, Stephen Schwarzman, ” Mr, Biden, Goldman Sachs, Morgan Stanley, Nick Carey, Ann Carrns, Ivan Drury, Edmunds, Kelly Organizations: Exxon, Exxon Mobil, Houston Ship Channel, The New York Times HOUSTON, European Union, Democrats, U.S . Journalists, ., Agence France, Apple, Elon, Tesla, Street, Google, Intel, Samsung, Reuters, The New York Times Locations: Houston, of Mexico, California, British Columbia, Britain, Texas, Europe, United States, China, Hainan, “ China, Naperville, Ill, Edmunds
Chinese President Xi Jinping applauds at the closing session of the Chinese People's Political Consultative Conference (CPPCC) at the Great Hall of the People in Beijing, China March 10, 2021. "The world wants justice, not hegemony," Xi said in remarks broadcast to the forum. In a display of economic cooperation to the exclusion of China, Biden said Japan and the United States would jointly invest in areas such as 5G technology, artificial intelligence, quantum computing, genomics and semiconductor supply chains. As the Biden administration rallies other democratic allies to harden their stance on China, Beijing is seeking to strengthen ties with its autocratic partners and economically dependent neighbours in Southeast Asia. Last week, U.S. climate envoy John Kerry flew to Shanghai to meet with his Chinese counterpart in the first high-level visit to China by a Biden administration official.
Persons: Xi Jinping applauds, Carlos Garcia Rawlins, Xi Jinping, Xi, Joe Biden, Yoshihide Suga, Biden, Trump, John Kerry Organizations: Political Consultative, of, People, REUTERS, Japanese, Muslim, Biden, World Trade Organization, Thomson Locations: Beijing, China, Washington, Asia, United States, U.S, Hong Kong, Xinjiang, Muslim Uighurs . China, Japan, United, Southeast Asia, Davos, Shanghai
China-linked Japan shares shunned ahead of PM Suga's U.S. visit
  + stars: | 2021-04-15 | by ( Hideyuki Sano | ) www.reuters.com + 0.00   time to read: +4 min
FILE PHOTO: Japanese Prime Minister Yoshihide Suga announces that Tokyo, Kyoto and Okinawa will have pre-emergency status under a new prevention law during a government task force meeting at the prime minister's office, Tokyo, Japan, April 9, 2021. So shares of companies with high exposure to China are now capped,” said Arihiro Nagata, general manager of global investment at Sumitomo Mitsui Bank. Among others with high Chinese exposure, Taiyo Yuden Co Ltd fell 6.1% and Nitto Denko Corp shed 2.3%. On Wednesday, it said a third-party auditor found no grave breaches of any rules at its Xinjiang organic cotton field. Fast Retailing Co Ltd, owner of the Uniqlo casual clothing chain - which has a big presence on Chinese high streets - saw its stock fall heavily on Monday.
Persons: Yoshihide Suga, Joe Biden, Eugene Hoshiko, Suga, Biden, “ Suga, , Eiji Kinouchi, Kinouchi, Arihiro Nagata, Ryohin, Organizations: White, Daiwa Securities, Biden, United, Japan, Sumitomo Mitsui Bank, TDK Corp, Yuden Co, Nitto, Corp, Retailing Co Locations: TOKYO, Japan, Beijing, Tokyo, Kyoto, Okinawa, China, loggerheads, United States, China’s Xinjiang, Taiwan, U.S, Xinjiang
FILE PHOTO: Japanese Prime Minister Yoshihide Suga announces that Tokyo, Kyoto and Okinawa will have pre-emergency status under a new prevention law during a government task force meeting at the prime minister's office, Tokyo, Japan, April 9, 2021. “Suga may be asked to come in step with Washington’s hard-line stance on China, which could worsen Sino-Japanese relations,” Daiwa Securities’ Chief Technical Analyst Eiji Kinouchi said. RETALIATION FEARSHiromichi Shirakawa, vice chairman and chief economist for Japan at Credit Suisse, said concerns about Suga’s visit were weighing on the entire Japanese stock market. On Wednesday, it said a third-party auditor found no grave breaches of any rules at its Xinjiang organic cotton field. The China branch of the cotton trade body Better Cotton Initiative said last month it had not found signs of forced labour related to cotton production in Xinjiang.
Persons: Yoshihide Suga, Joe Biden, Eugene Hoshiko, Suga, Biden, “ Suga, Eiji Kinouchi, Kinouchi, , Arihiro Nagata, Hiromichi Shirakawa, Ryohin, Organizations: White, , Securities, Biden, United, Japan, Sumitomo Mitsui Bank, Credit Suisse, Nikkei, TDK Corp, Yuden Co, Nitto, Corp, Retailing Co, Cotton Initiative Locations: TOKYO, Japan, Beijing, Tokyo, Kyoto, Okinawa, China, loggerheads, United States, China’s Xinjiang, Taiwan, U.S, Xinjiang
Live U.S. Trade Representative Pushes Trade as a Tool in Climate Crisis: Live Updates RIGHT NOW The BBC covered Prince Philip’s death for hours. Katherine Tai, the United States trade representative, in February. Last year, the French government blocked a deal to import liquefied natural gas from the United States because of concerns around emissions of methane, a potent heat-trapping gas. This year, a dispute over intellectual property rights between two Korean battery manufacturers threatened to disrupt plans to expand electric vehicle manufacturing in the United States. The company has a fleet of about 70 trucks, with 50 in the United States and 20 in Europe and Asia.
Persons: Katherine Tai, Biden, Bill O'Leary Katherine Tai, Biden’s, Ms, Tai, , , ” Thomas Kaplan, TuSimple, Ed Bastian, Charlie Riedel, ” Ed Bastian, ” Mr, Bastian, Glen Hauenstein, Carlo Allegri, Wells, It’s, Jane Fraser, Brian Moynihan, Moynihan, Fraser, Kate Kelly, Morgan Stanley, Shira Ovide, Erin Griffith, Andrew Kelly, Josh London, ” Arlyn Gajilan, Alessandra Galloni, Galloni, Stephen J, Adler, Gajilan, , Ella Koeze, Jerome H, Powell Organizations: U.S, Trade Representative, Trade, BBC, Dow, Center for American Progress, World Trade Organization, LG Energy, SK Innovation, Reuters, Volkswagen, UPS, Nasdaq, Navistar, Walmart, General Motors, Delta Air Lines, Associated Press Airlines, Transportation Security Administration, Delta, , United Airlines, American Airlines, Bank of America, Citigroup, JPMorgan Chase, Citi, Bank of, Bank of America’s, Global, Commerce Department, Retail, Conference Board, Credit, Tech, Thomson Reuters, Reuters Reuters, The New York Times, Labor Department, Treasury, Federal Reserve Locations: United States, Mexico, Canada, China’s Xinjiang, San Diego, Europe, Asia, Cruise, , Australia, China, India, Russia, people’s, Tech, today’s, London, , Reuters.com
U.S. senators match House bill to assist Uighur refugees
  + stars: | 2021-04-13 | by ( Reuters Staff | ) www.reuters.com sentiment -0.58   time to read: +2 min
FILE PHOTO: People gather near the White House to call on the U.S. government to respond to China's alleged abuses of a Muslim ethnic minority called the Uighurs, near the White House in Washington, U.S. July 3, 2020. REUTERS/Leah MillisWASHINGTON (Reuters) - A bipartisan pair of U.S. senators on Tuesday introduced a bill to expedite refugee applications from Uighurs, matching an effort in the U.S. House of Representatives to assist members of the largely Muslim ethnic group that advocates say face persecution in China. China denies abuses, but the United States has declared that Beijing is perpetrating a genocide. “From a substantive perspective, the end game here is extremely similar,” one Senate aide comparing the Senate and House bills, told Reuters. The bill also encourages U.S. partners and allies to make refugee accommodations for Uighurs.
Persons: Leah Millis, Marco Rubio, Chris Coons, Uighurs, ” Coons, , , U.N Organizations: REUTERS, U.S . House, Republican, Democratic, ., Senate, U.S, Congress, Reuters Locations: Washington , U.S, Leah Millis WASHINGTON, U.S, China, China’s Xinjiang, Nations, Beijing, United States, Xinjiang, People’s Republic of China
Kerry heads to Shanghai for climate talks ahead of Earth Day
  + stars: | 2021-04-13 | by ( Reuters Staff | ) www.reuters.com + 0.98   time to read: +1 min
FILE PHOTO: U.S. Special Presidential Envoy for Climate John Kerry attends a joint news conference with French Economy and Finance Minister Bruno Le Maire (not seen) after a meeting at the Bercy Finance Ministry in Paris, France, March 10, 2021. REUTERS/Benoit TessierWASHINGTON (Reuters) - U.S. climate envoy John Kerry will travel to China this week to discuss international efforts to tackle global warming, seeking to press his counterparts to make ambitious emissions reduction targets despite tension in the U.S.-China relationship. A source familiar with the plans said Kerry is due to arrive late on Wednesday in Shanghai and will hold meetings on Thursday and Friday. Kerry, a former secretary of state who Biden selected to represent the United States in international climate talks, will seek to find common ground on the issue with China’s Xie Zhenhua. Biden is hosting a virtual Earth Day summit with world leaders to discuss climate change plans on April 22.
Persons: John Kerry, Bruno Le Maire, Benoit Tessier WASHINGTON, Kerry, Kerry’s, Joe Biden’s, “ He’ll, Jen Psaki, Biden, China’s Xie Zhenhua, Organizations: French Economy, Finance, Bercy Finance Ministry, REUTERS, U.S ., Reuters Locations: Paris, France, China, U.S, Shanghai, Alaska, United States
21 miners trapped after Xinjiang coal mine accident - official media
  + stars: | 2021-04-11 | by ( Reuters Staff | ) www.reuters.com sentiment -0.98   time to read: +1 min
BEIJING (Reuters) -Eight miners have been rescued and 21 remain trapped in a coal mine that flooded in northwest China’s Xinjiang region, Chinese state news agency Xinhua reported on Sunday, citing a local emergency department. In a separate report, state media outlet Global Times said 12 of the miners who remain trapped have been located in the mine as of Sunday and are expected to be rescued, while a further nine workers have not been located. Ten gold miners were confirmed dead in January following an explosion in a mine in China’s coastal Shandong province. In December, 23 people were killed after being trapped in a mine in the southwestern city of Chongqing. State media on Sunday said rescue efforts in the Xinjiang mine were ongoing.
Organizations: Xinhua, Global Times Locations: BEIJING, China’s Xinjiang, Xinjiang’s Hutubi county, Shandong, Chongqing, Xinjiang
Xinjiang coalmine accident traps 21 - China state media
  + stars: | 2021-04-11 | by ( Reuters Staff | ) www.reuters.com sentiment -0.98   time to read: +1 min
BEIJING (Reuters) -Twenty-one miners are trapped in a flooded coalmine in northwest China’s Xinjiang region, Chinese state news agency Xinhua reported on Sunday, citing a local emergency department. State media outlet Global Times said 12 of the miners who remain trapped have been located and are expected to be rescued. Ten gold miners were confirmed dead in January following an explosion in a mine in coastal Shandong province. In December, 23 people were killed after being trapped in a mine in the southwestern city of Chongqing. Three months earlier, 16 people died in a coalmine in the same area.
Organizations: Xinhua, Global Times Locations: BEIJING, China’s Xinjiang, Hutubi county, State, Shandong, Chongqing
China-EU relations facing challenges, Xi tells Germany's Merkel
  + stars: | 2021-04-07 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +1 min
Slideshow ( 2 images )BEIJING (Reuters) - China’s President Xi Jinping on Wednesday told German Chancellor Angela Merkel Sino-EU relations were facing “various challenges” and he hoped the 27-nation bloc could “independently” make correct judgements, Chinese state media reported. The EU last month imposed its first significant sanctions against Chinese officials since 1989 over alleged human rights abuses in China’s Xinjiang region. EU allies the United States, Britain and Canada also sanctioned Chinese officials over Xinjiang, and the row is threatening to derail an EU-China investment pact agreed in late 2020 after years of negotiations. Xi also urged Germany and the EU to make joint efforts with China to maintain healthy and stable development of bilateral cooperation, according to the readout. China is willing to work with the international community to promote “fair and reasonable distribution” of coronavirus vaccines and opposes vaccine nationalism, he added.
Persons: Xi Jinping, Angela Merkel, , Merkel, Xi Organizations: Wednesday, EU, Xinhua Locations: BEIJING, EU, Germany, China, China’s Xinjiang, Beijing, United States, Britain, Canada, Xinjiang
China-EU relations face challenges, Xi tells Germany's Merkel
  + stars: | 2021-04-07 | by ( Reuters Staff | ) www.reuters.com sentiment -0.96   time to read: +1 min
Slideshow ( 2 images )BEIJING/BERLIN (Reuters) -President Xi Jinping told German Chancellor Angela Merkel on Wednesday that he saw “various challenges” in relations between China and the European Union and hoped the EU could “independently” make correct judgements, a Chinese government statement said. Last month, the EU imposed its first significant sanctions against Chinese officials since 1989 over alleged human rights abuses in China’s Xinjiang region. The United States, Britain and Canada also sanctioned Chinese officials over Xinjiang, and the row threatens to derail an EU-China investment pact agreed in late 2020 after years of negotiations. German government spokeswoman Ulrike Demmer said Merkel and Xi had discussed international efforts to produce and distribute COVID-19 vaccines, deepen economic cooperation and steps to protect the climate and biodiversity. She said the leaders agreed to deepen bilateral ties in Sino-German government consultations planned for late April.
Persons: Xi Jinping, Angela Merkel, , Xi, Ulrike Demmer, Merkel, , ” Demmer Organizations: European Union, EU Locations: BEIJING, BERLIN, China, China’s Xinjiang, Beijing, United States, Britain, Canada, Xinjiang, EU, Germany
Turkey summons Chinese ambassador over response to Uighur claims
  + stars: | 2021-04-06 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: +2 min
FILE PHOTO: A demonstrator wearing a mask participates in a protest against Chinese State Councilor and Foreign Minister Wang Yi's visit, in Istanbul, Turkey, March 25, 2021. REUTERS/Kemal Aslan/File PhotoANKARA (Reuters) -Turkey called in China’s ambassador on Tuesday after his embassy said it had “the right to respond” to opposition leaders who criticised China’s treatment of Uighur Muslims three decades ago. Ambassador Liu Shaobin was summoned to the ministry after a his embassy tweeted a statement in response. U.N. experts estimate at least a million Uighurs and other Muslims are held in detention centres in northwest China’s Xinjiang. The United States said in January China had committed “genocide and crimes against humanity” by repressing Uighurs.
Persons: Wang Yi's, Kemal Aslan, , Meral Aksener, Mansur Yavas, Aksener, Yavas, , Liu Shaobin, Tayyip Erdogan Organizations: State, REUTERS, IYI Party, CHP, Twitter, United Locations: Istanbul, Turkey, ANKARA, Ankara, China’s, Beijing, China, China’s Xinjiang, United States
REUTERS/Dado Ruvic/Illustration/File PhotoGlobal money market funds received inflows of $44.7 billion in the week, the biggest since the week ended Dec. 30, data from Refinitiv Lipper showed. On the other hand, equity funds obtained inflows of $17.6 billion, the lowest in three weeks, pressured by a surge in U.S. bond yields. Overall, equity funds received net buying of $289.6 billion in the first quarter, the biggest since at least 2013, though the inflows slowed by the end of the quarter. Meanwhile, investors net bought $8.4 billion worth of global bond funds, which was about 19% higher than the previous week. (Graphic: Global bond funds' flows in the week ended March 31, )An analysis of 23,671 emerging-market funds showed equity funds attracted $2.06 billion in inflows, a two-fold increase from the preceding week, while bond funds saw $981 million in outflows.
Persons: Dado Ruvic, Lipper Organizations: Reuters, Investments, REUTERS, U.S Locations: Europe, China, China’s Xinjiang, Beijing, outflows
H&M confirms commitment to China after backlash
  + stars: | 2021-03-31 | by ( Reuters Staff | ) www.reuters.com + 1.00   time to read: 1 min
FILE PHOTO: People walk past an H&M store in a shopping area in Beijing, China, March 28, 2021. REUTERS/Thomas PeterSTOCKHOLM (Reuters) - H&M said on Wednesday its commitment to China remained strong and it was dedicated to regaining shoppers’ and partners’ trust following a recent backlash in the country against comments it made in 2020 on China’s Xinjiang region. “We are dedicated to regaining the trust and confidence of our customers, colleagues, and business partners in China,” the Swedish fashion retailer said in a statement on its website. “By working together with stakeholders and partners, we believe we can take steps in our joint efforts to develop the fashion industry, as well as serve our customers and act in a respectful way,” it said. ($1 = 8.7416 Swedish crowns)
Persons: Thomas Peter STOCKHOLM Organizations: REUTERS Locations: Beijing, China, China’s Xinjiang, Swedish
BOSTON/LISBON (Reuters) - A group of religious and socially conscious investors and other funds are ramping up pressure on Western companies over alleged human rights abuses in China’s Xinjiang region, highlighting the challenges for brands trying to maintain their business ties amid rising tensions. [nL1N2LN0E5]The wave of boycotts coincided with sanctions imposed by Britain, Canada, the European Union and the United States over what they say are human rights abuses taking place in Xinjiang. The investor alliance alleged that companies removing or moving statements in relation to Xinjiang were doing so in fear of commercial retaliation from the Chinese government. The Human Rights section of H&M’s website hmgroup.com on Friday no longer carried a link to a 2020 statement on Xinjiang. The Investor Alliance for Human Rights has more than 160 institutional investors and other organisations as members, representing more than $5 trillion in assets under management currently, its website said.
Persons: Thomas Peter, Hugo Boss, Inditex, Anita Dorett, ” Dorett, hmgroup.com, Xingiang, Carolin Westermann, HUGO, , Westermann, Morningstar Organizations: BOSTON, REUTERS, Interfaith, Corporate, VF Corp, Investor Alliance, Human Rights, , Burberry, Nike, Adidas, European Union, Company, The, Aberdeen Standard Investments, U.S, BlackRock Inc, Vanguard Group Inc, BlackRock Locations: LISBON, China’s Xinjiang, Beijing, China, Zara, Xinjiang, Britain, Canada, United States, The New York, Aberdeen
U.S. Customs' top trade cop retiring, calls for more resources
  + stars: | 2021-03-26 | by ( David Lawder | ) www.reuters.com + 0.00   time to read: +3 min
WASHINGTON (Reuters) - U.S. Customs and Border Protection’s trade enforcement chief is retiring on Friday and said the agency needs more resources to keep up with increasingly sophisticated efforts to evade U.S tariffs and forced labor restrictions. The Trump administration charged those are produced with forced labor of detained Uighur Muslims. Overall in fiscal 2020, CBP's trade office collected $74.4 billion in duties and other revenue, up from $71.9 billion a year earlier despite a drop in imports due to the COVID-19 pandemic, according to CBP's latest trade data here. Smith, who is retiring after 34 years in government, including seven running the CBP trade office, said she has no immediate plans, but may work in the private trade sector. A CBP spokesman said the trade office will be headed on an acting basis by John Leonard, CBP’s executive director of trade policy and programs.
Persons: Brenda Smith, Smith, ” Smith, , , Trump, Joe Biden’s, John Leonard Organizations: WASHINGTON, . Customs, Border, CBP’s, of Trade, Reuters, Department of Homeland Security, CBP Locations: U.S, XINJIANG, Xinjiang, China’s Xinjiang
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