Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Chinese Premier Li Qiang"


25 mentions found


Italian media reported earlier in the day that Italy would quit the BRI and instead seek to revitalise a strategic partnership agreement with China, aimed at fostering economic cooperation, that it first signed in 2004. Meloni met Chinese Premier Li Qiang on Saturday on the G20 sidelines and described the talks as polite and constructive. The Italian government has also been invited to a BRI Forum that China will host in October, she added. Italian politicians have questioned the value of the BRI agreement signed by a previous administration in 2019. In its statement on Saturday, Meloni's office mentioned the 20th anniversary next year of a separate Global Strategic Partnership signed by China and a government led by Silvio Berlusconi in 2004.
Persons: Giorgia Meloni, haven't, Meloni, Li Qiang, Silvio Berlusconi, Keith Weir, Giuseppe Fonte, Mark Heinrich Organizations: Initiative, Strategic Partnership Locations: ROME, China, Italy, West, Beijing, New Delhi
[1/5] U.S. President Joe Biden visits the Raj Ghat memorial with Prime Minister of India Narendra Modi and other G20 leaders, Sept. 10, 2023, in New Delhi. "Everything was reflected in a balanced form," Svetlana Lukash, the Russian G20 sherpa, or government negotiator, was quoted as saying by Russian news agency Interfax. "All members of the G20 have agreed to act as one in the interests of peace, security and conflict resolution around the world." The summit also admitted the African Union which includes 55 member states, as a permanent member of the G20. Russia's 2022 invasion of Ukraine has left tens of thousands dead, displaced millions and sown economic turmoil across the world.
Persons: Joe Biden, India Narendra Modi, Kenny Holston, Jake Sullivan, White, Biden, Russia's Lavrov, Li, Svetlana Lukash, Olaf Scholz, Rishi Sunak, Emmanuel Macron, Fumio Kishida, Mahatma Gandhi, Gandhi, Sergei Lavrov, Li Qiang, Xi Jinping, Russia's Vladimir Putin, Krishn Kaushik, Sanjeev Miglani, Raju Gopalakrishnan, Jacqueline Wong Organizations: REUTERS Acquire, White, Russian G20, House, British, Russian, European Union, Thomson Locations: India, New Delhi, Vietnam, DELHI, Russia, U.S, Moscow, Ukraine, Russian, Germany, Britain, Brazil, South Africa
Italian media reported earlier in the day that Italy would quit the BRI and instead seek to revitalise a strategic partnership agreement with China, aimed at fostering economic cooperation, that it first signed in 2004. Meloni met Chinese Premier Li Qiang on Saturday on the G20 sidelines and described the talks as polite and constructive. The Italian government has also been invited to a BRI Forum that China will host in October, she added. Italian politicians have questioned the value of the BRI agreement signed by a previous administration in 2019. In its statement on Saturday, Meloni's office mentioned the 20th anniversary next year of a separate Global Strategic Partnership signed by China and a government led by Silvio Berlusconi in 2004.
Persons: Giorgia Meloni, haven't, Meloni, Li Qiang, Silvio Berlusconi, Keith Weir, Giuseppe Fonte, Mark Heinrich Our Organizations: Initiative, Strategic Partnership, Thomson Locations: China, Italy, West, Beijing, New Delhi
CNN —UK Prime Minister Rishi Sunak said he raised his “very strong concerns” to China’s premier regarding potential Chinese interference in British democracy after a parliament employee was arrested on suspicion of spying for China. UK newspaper, The Sunday Times broke the story on Sunday, reporting that the researcher was arrested alongside another man on March 13. According to a statement from London’s Metropolitan Police, police arrested a man in his 30s in Oxfordshire, southern England, and a man in his 20s in Edinburgh, Scotland. Chinese Premier Li Qiang attends the ASEAN Summit in Jakarta on September 7, 2023. According to the Sunday Times reporting, the arrested parliamentary researcher was also linked to the chairperson of the British government’s foreign affairs committee, Alicia Kearns.
Persons: Rishi Sunak, Sunak, Premier Li Qiang, Tom Tugendhat, Li Qiang, Yasuyoshi Chiba, Alicia Kearns, , Kearns Organizations: CNN —, Premier, Conservative, Sunday Times, London’s Metropolitan Police, ASEAN Summit, Getty, Command, Twitter, Inter, Parliamentary Alliance, China Locations: China, New Delhi, Beijing, Oxfordshire, England, Edinburgh, Scotland, Jakarta, AFP, London, British, People’s Republic of China
Japanese Prime Minister Fumio Kishida attends Partnership for Global Infrastructure and Investment event on the day of the G20 summit in New Delhi, India, September 9, 2023. Japan started releasing treated radioactive water from the wrecked Fukushima nuclear power plant into the Pacific Ocean last month, and faced harsh criticism from China which immediately banned all seafood imports from Japan. Japan says the water release is safe, noting that the International Atomic Energy Agency (IAEA) has also concluded that the impact it would have on people and the environment was "negligible." "Prime Minister Kishida explained that the data monitored since last month's (water) discharge has been made public in a prompt and highly transparent manner. The Fukushima water release was among topics at Kishida's meetings with Turkish President Tayyip Erdogan, Dutch Prime Minister Mark Rutte, Australian Prime Minister Anthony Albanese and Indian Prime Minister Narendra Modi on the sidelines of the G20 summit, Japan foreign ministry said in separate statements.
Persons: Fumio Kishida, Evelyn Hockstein, Kishida, Joe Biden, Rishi Sunak, Emmanuel Macron, Saudi Arabia's Mohammed bin Salman, Hikariko Ono, Ono, Li Qiang, Tayyip Erdogan, Mark Rutte, Anthony Albanese, Narendra Modi, Katya Golubkova, Chizu Organizations: Global Infrastructure, REUTERS, International Atomic Energy Agency, British, World Trade Organization, IAEA, Dutch, Australian, Indian, Thomson Locations: New Delhi, India, DELHI, Japan, China, Saudi, Indonesia
Australian PM to visit China this year after 'progress' on ties
  + stars: | 2023-09-07 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Australian Prime Minister Anthony Albanese along with the Australian Foreign Minister Penny Wong smile during the 43rd ASEAN Summit in Jakarta, Indonesia, September 6, 2023. REUTERS/Willy Kurniawan/Pool Acquire Licensing RightsSYDNEY, Sept 7 (Reuters) - Australia and China have made progress in returning to "unimpeded trade" but more progress is needed, Australian Prime Minister Anthony Albanese said on Thursday as he met Chinese Premier Li Qiang at a regional summit in Indonesia. "The progress we have made in resuming unimpeded trade is good for both countries and we want to see that progress continue," Albanese said in his opening comments at the meeting. Li said he welcomed Albanese to visit China this year, and Albanese said he would. "I look forward to visiting China later this year to mark the 50th anniversary of Prime Minister Whitlam’s historic visit," Albanese said in a statement after the meeting, referring to the first visit to communist China by an Australian leader, then prime minister Gough Whitlam, in 1973.
Persons: Anthony Albanese, Penny Wong, Willy Kurniawan, Li Qiang, Albanese, Li, Whitlam’s, " Albanese, Gough Whitlam, Cheng Lei, Yang Hengjun, Kirsty Needham, Robert Birsel Organizations: Australian, Australian Foreign, ASEAN Summit, REUTERS, Rights, Thomson Locations: Jakarta, Indonesia, Australia, China
He will have at least one advantage: Chinese President Xi Jinping will not be at the meetings. "But the question ... is whether the United States will be able to step up." FAST GROWTH, HIGH DEBTChinese Premier Li Qiang will represent China at the G20 as its leaders cope with sagging growth and a possible property debt crisis. For his part, Xi is also finding new ways to engage the developing world, hosting a gathering of Central Asian leaders and discussing development in May. Xi is also expected to attend an Asia-Pacific Economic Cooperation (APEC) summit in San Francisco in November, where he may meet with Biden.
Persons: Joe Biden, Leah Millis, Biden, Xi Jinping, Zack Cooper, Li Qiang, Vladimir Putin, Sergei Lavrov, Jake Sullivan, Donald Trump's, Sullivan, White, Khulu Mbatha, Cyril Ramaphosa, Trevor Hunnicutt, Nandita Bose, Michael Martina, Carien du, Don Durfee, Grant McCool Organizations: Warehouse Union, Pacific Maritime Association, White, REUTERS, Rights, World Bank, Bank, U.S, Partnership for Global Infrastructure, Investment, American Enterprise Institute, IMF, Global, White House, Trump, Republican, South, Central Asian, United, United Arab Emirates, Economic Cooperation, Biden, Thomson Locations: Washington , U.S, India, United States, Africa, Latin America, Asia, Washington, China, Russian, East, Central Asia, Saharan Africa, People's Republic, Ukraine, Brazil, South Africa, Beijing, Moscow, Russia, Saudi Arabia, Iran, Ethiopia, Egypt, Argentina, United Arab, San Francisco, Carien du Plessis, Johannesburg
[1/7] People attend what North Korean state media report was the country's launching ceremony for a new tactical nuclear attack submarine, in North Korea, in this handout image released September 8, 2023. North Korea plans to turn its existing submarines into nuclear weapons-armed attack submarines, and accelerate its push to build nuclear-powered submarines, Kim said. North Korea has test-fired a number of submarine launched ballistic missiles (SLBMs) and cruise missiles that can be fired from submarines. It is also unclear whether North Korea has fully developed the miniaturised nuclear warheads needed to fit on such missiles. North Korea has a large submarine fleet but only the experimental ballistic missile submarine 8.24 Yongung (August 24th Hero) is known to have launched a missile.
Persons: Kim Jong Un, KCNA, Kim Kun, Kim, they've, Tal Inbar, Vladimir Putin, Yoon Suk, Premier Li Qiang, Soo, hyang Choi, Leslie Adler, Sandra Maler, Jonathan Oatis Organizations: North, KCNA, REUTERS Acquire, Rights, ., DPRK, Democratic People's, Carnegie Endowment, International, Missile Defense Advocacy Alliance, Twitter, South, Premier, Security, Thomson Locations: North Korea, Rights SEOUL, Japan, Democratic People's Republic of Korea, Korean, United States, South Korea, State, Korea, U.S, Russia, Moscow, Jakarta, Beijing
On Wednesday, China's Li warned against starting a "new Cold War" and warned countries against taking sides in any conflict. Harris, attending the meetings instead of President Joe Biden, reiterated a U.S. commitment to the region. "The United States has an enduring commitment to Southeast Asia and more broadly to the Indo-Pacific," she said. A White House official said earlier the U.S. shared interests with ASEAN in "upholding the rules-based international order, including in the South China Sea, in the face of China's unlawful maritime claims and provocative actions". The Chinese premier and Japanese Prime Minister Fumio Kishida met briefly on the sidelines of the summit on Wednesday and discussed Japan's release into the sea of treated radioactive water from the Fukushima nuclear plant.
Persons: Ferdinand Marcos, Jr, Lee Hsien Loong, Ministry of Foreign Affairs Sarun, Pham Minh Chinh, Fumio, Yoon Suk Yeol, Joko, Kamala Harris, Li Qiang, Sergei Lavrov, China's Li, Harris, Joe Biden, Fumio Kishida, Kanupriya Kapoor, Robert Birsel Organizations: Singapore's, Ministry of Foreign Affairs, Vietnam's, Japan's, ASEAN, Russian, Association of Southeast Asian Nations, White, U.S, Japanese, Thomson Locations: Philippines, Fumio Kishida, South, JAKARTA, Indonesia, Japan, South Korea, India, Australia, South China, Myanmar, Korea, Russia, United States, Southeast Asia, China, Laos
Japan's Prime Minister Fumio Kishida speaks during the leaders talk of the ASEAN-Indo Pacific Forum (AIPF) in Jakarta, Indonesia September 6, 2023. Japan started releasing the water from the wrecked plant into the ocean last month, drawing strong criticism from China. "During the chat, I explained Japan's position on the treated water to Premier Li," Kishida said. It was also the first high-level talk between the two countries since the release of the water from the Fukushima plant. The water is treated to remove most radioactive elements except for tritium, a radionuclide difficult to separate from water, and then diluted to internationally accepted levels before being released into the ocean.
Persons: Fumio Kishida, Adek Berry, Li Qiang, Kishida, Li, Premier Li, Sakura Murakami, Rocky Swift, Tomasz Janowski, Nick Macfie Organizations: Japan's, ASEAN, Pacific, Rights, Association of Southeast Asian Nations, Thomson Locations: Jakarta, Indonesia, Japan, China, Premier, Tokyo, Beijing
China warns against 'new Cold War' at ASEAN summit
  + stars: | 2023-09-06 | by ( ) www.reuters.com   time to read: +5 min
[1/5] China's Premier Li Qiang (L) attends the 26th ASEAN-China Summit during the 43rd ASEAN Summit in Jakarta, Indonesia, on September 6, 2023. In remarks at the start of her meeting with ASEAN leaders, Harris said the United States was committed to the region. "The United States has an enduring commitment to Southeast Asia and more broadly to the Indo-Pacific," she said. Just before this week's gatherings, China released a map with a "10-dash line" showing what appeared to be an expansion of the area it considers its territory in the South China Sea. "The Philippines firmly rejects misleading narratives that frame the disputes in the South China Sea solely through the lens of strategic competition between two powerful countries," Marcos said.
Persons: Li Qiang, Yasuyoshi, Li, Kamala Harris, Joe Biden, Xi, Harris, ASEAN's, Retno Marsudi, Ferdinand Marcos, Marcos, Yoon Suk, Yoon, Kim Jong, Vladimir Putin, Stanley Widianto, Kate Lamb, Kanupriya Kapoor, Robert Birsel, Nick Macfie Organizations: China, ASEAN Summit, REUTERS Acquire, China Sea, Asia ASEAN, Association of Southeast Asian Nations, ASEAN, U.S, White, Indonesian, United, South, North, New York Times, Thomson Locations: ASEAN, Jakarta, Indonesia, Asia, JAKARTA, China, Japan, South Korea, Australia, India, South China, United States, Southeast Asia, Myanmar, States, South, Philippine, Philippines, North Korea, Russia, Moscow, Ukraine
South Korean President Yoon Suk-yeol, center, arrives to the ASEAN-South Korea Summit at the Association of the Southeast Asian Nations (ASEAN) Summit in Jakarta, Indonesia, September 6, 2023. Tatan Syuflana/Pool via REUTERS Acquire Licensing RightsSEOUL, Sept 6 (Reuters) - South Korean President Yoon Suk Yeol said on Wednesday any attempt to cooperate with North Korea on military affairs in a way that damages international peace must immediately halt. "Attempt at military cooperation with North Korea that harms international peace must immediately halt," Yoon's office quoted him as saying at a meeting with the leaders of ASEAN countries. North Korea and Russia have denied they were in arms negotiations. Before the pandemic, China hosted the largest number of North Korean workers abroad, with as many as half of the estimated 100,000 people earning more than $500 million a year.
Persons: Yoon Suk, Tatan, Yoon Suk Yeol, Yoon, Kim Jong Un, Vladimir Putin, Kim, Sergei Shoigu, Fumio Kishida, Li Qiang, Jack Kim, Soo, hyang Choi, Muralikumar Anantharaman, Christopher Cushing Organizations: South, ASEAN, South Korea Summit, Association of, Southeast Asian Nations, REUTERS Acquire, Rights, New York Times, Japanese, Security, Thomson Locations: Jakarta, Indonesia, Rights SEOUL, North Korea, Russia, Vladivostok, Moscow, Ukraine, South Korea, China, Korean, Seoul
The United States and its allies have echoed ASEAN's calls for freedom of navigation and overflight and to refrain from building a physical presence in the area. Just before this week's gatherings, China released a map with its "10-dash line" delineating what it considers its waters, that appeared to expand its claims in the South China Sea. The United States has also courted ASEAN countries with varying degrees of success. 'GREAT DANGER'Lina Alexandra, a political analyst at think tank CSIS, said the draft was "very weak on the issues of the South China Sea". President Joko Widodo of ASEAN chair Indonesia warned on Tuesday that members must not become proxies in big-power rivalry.
Persons: Ferdinand " Bongbong, Marcos Jr, Lee Hsien Loong, Ministry of Foreign Affairs Sarun, Pham Minh Chinh, Li Qiang, Joko Widodo, Kamala Harris, Joe Biden, Xi Jinping, ASEAN's, Lina Alexandra, Alexandra, Wednesday's, Aung, Suu Kyi, Stanley Widianto, Kate Lamb, Kanupriya Kapoor, Robert Birsel Organizations: Singapore's, Ministry of Foreign Affairs, Vietnam's, ASEAN, Wednesday, The Association of Southeast Asian Nations, U.S, White, United, Reuters, CSIS, Thomson Locations: Philippines, Laos, JAKARTA, United States, China, Japan, South Korea, Australia, India, South China, States, South, Indonesia, ASEAN, Myanmar, Suu, Brunei, Cambodia, Malaysia, Singapore, Thailand, Vietnam
An official ASEAN statement issued Tuesday night confirmed the decision to hand the chair to the Philippines in 2026 and affirmed the group's commitment to a five-point plan for restoring peace and stability in Myanmar. The ASEAN leaders' statement on Myanmar stressed the desire to work with the generals to end the country's crisis, especially in the context of the five-point plan which Myanmar accepted in 2021 but has largely failed to implement. "All of us are aware of the magnitude of the world's challenges today, where the main key to facing them is the unity and centrality of ASEAN," Widodo told fellow leaders. "ASEAN leaders must ensure that this ship is able to keep going, able to keep sailing," Widodo said. Japanese Prime Minister Fumio Kishida said before flying to Jakarta that he plans to offer assurances of the safety of the ongoing release into the sea of treated radioactive wastewater from the damaged Fukushima nuclear power plant.
Persons: Ferdinand Marcos, Lee Hsien Loong, Ministry of Foreign Affairs Sarun, Pham Minh Chinh, Joko Widodo, Sonexay Siphandone, Sultan Hassanal Bolkiah, Hun Manet, Anwar Ibrahim, Xanana Gusmao, Adi Weda, Aung, Ferdinand Marcos Jr, Marcos, Retno Marsudi, , Marsudi, bloc's, Widodo, Kamala Harris, Joe Biden, Li Qiang, Sergey Lavrov, Fumio Kishida Organizations: Singapore's, Ministry of Foreign Affairs, Vietnam's, Cambodia's, Malaysia's, East Timor's, ASEAN Summit, Afp, Getty, United, Aung San Suu, ASEAN, Indonesia, Associated Press, European Union, Myanmar Armed Forces, Foreign Ministry, ASEAN Chair, Indonesian, Assistance Association for Political, U.S ., U.S, Russian, Japanese Locations: Laos, East, Jakarta, Myanmar, United States, Aung San, Philippines, Philippine, ASEAN, Naypyidaw, South China, U.S, China
Australia to Host ASEAN Leaders in Melbourne Next March
  + stars: | 2023-09-06 | by ( Sept. | At A.M. | ) www.usnews.com   time to read: +2 min
By Lewis JacksonSYDNEY (Reuters) - Australia will host leaders from Southeast Asia's ASEAN bloc in Melbourne next March for a special summit to commemorate 50 years of relations, Prime Minister Anthony Albanese said on Wednesday as he announced a new investment strategy for the region. Albanese told reporters in Jakarta he had written to all the bloc's leaders inviting them to the "significant event", set to run from 4 March to 6 March. Albanese has travelled to Jakarta for the Association of Southeast Asian Nations (ASEAN) summit at a time when Australia is strengthening relations across Asia in a bid to build economic and diplomatic alternatives to China. ASEAN was vital to Australia's future, Albanese said in a speech to the summit. The strategy comes with 75 recommendations including using government agencies to help underwrite infrastructure investment in the region.
Persons: Lewis Jackson SYDNEY, Anthony Albanese, Albanese, Kamala Harris, Li Qiang, Lewis Jackson, Christopher Cushing Organizations: ASEAN, Association of Southeast Asian Nations, U.S Locations: Australia, Southeast, Melbourne, Jakarta, Asia, China, Japan, South Korea, India
SEOUL (Reuters) - South Korean President Yoon Suk Yeol said on Wednesday any attempt to cooperate with North Korea on military affairs in a way that damages international peace must immediately halt, his office said. Yoon made the comment at a summit meeting with Southeast Asia's ASEAN bloc countries in Jakarta, Indonesia, his office said. "Attempt at military cooperation with North Korea that harms international peace must immediately halt," Yoon's office quoted him as saying at his meeting with the leaders of ASEAN countries earlier on Wednesday. North Korea and Russia have denied they were in arms negotiations. At a later meeting with ASEAN leaders together with Japanese Prime Minister Fumio Kishida and Chinese Premier Li Qiang, Yoon said South Korea will work closely with the two Asian neighbours with the goal of resuming their three-way summit.
Persons: Yoon Suk Yeol, Yoon, Kim Jong, Vladimir Putin, Kim, Sergei Shoigu, Fumio Kishida, Li Qiang, Jack Kim, Muralikumar Anantharaman, Christopher Cushing Organizations: ASEAN, North, New York Times, Russia's, Japanese Locations: SEOUL, North Korea, Jakarta, Indonesia, Russia, Russia's, Vladivostok, Moscow, Ukraine, South Korea
Morning Bid: Try to top that one, Asia
  + stars: | 2023-09-03 | by ( Stephen Culp | ) www.reuters.com   time to read: +2 min
Staff lower Chinese national flag in front of screens showing the index and stock prices outside Exchange Square, in Hong Kong, China, August 18, 2023. REUTERS/Tyrone Siu/File Photo Acquire Licensing RightsSept 4 (Reuters) - A look at the day ahead in Asian markets from Stephen Culp, financial markets journalist. Asian markets have a tough act to follow on Monday - their own. "Clearly, we've seen a significant slowdown in the Chinese economy the last couple of months," said Ryan Detrick, chief market strategist at Carson Group in Omaha. On Thursday, Japan is due to release revised second-quarter GDP data and CPI and PPI reports from China are on deck for Friday.
Persons: Tyrone Siu, Stephen Culp, Ryan Detrick, Saola, Li Qiang, Diane Craft Organizations: REUTERS, Carson Group, Association of Southeast Asian Nations, ASEAN, PMI, CPI, PPI, South Korea CPI, Australia Judo Bank, Thomson, Reuters Locations: Exchange, Hong Kong, China, Shanghai, Shenzhen, Asia, Beijing, Omaha, Guangdong, Macau, Taiwan, India, Japan
U.S. President Joe Biden shakes hands with Chinese President Xi Jinping as they meet on the sidelines of the G20 leaders' summit in Bali, Indonesia, November 14, 2022. REUTERS/Kevin Lamarque/File Photo Acquire Licensing RightsREHOBOTH BEACH, Delaware, Sept 3 (Reuters) - U.S. President Joe Biden said on Sunday that he was disappointed that Chinese President Xi Jinping was not attending the summit of G20 leaders in India, but added that he was going to "get to see him." "I am disappointed ... but I am going to get to see him," Biden told reporters in Rehoboth Beach, Delaware, without elaborating. Asked if he was looking forward to his trip, Biden said, "Yes, I am." I think they both (India and Vietnam) want much closer relations with the United States and that can be very helpful," Biden said.
Persons: Joe Biden, Xi Jinping, Kevin Lamarque, Biden, Li Qiang, Jeff Mason, Ismail Shakil, Diane Craft Organizations: REUTERS, Reuters, Thomson Locations: Bali , Indonesia, REHOBOTH BEACH , Delaware, India, Rehoboth Beach , Delaware, Vietnam, Asia, Beijing, New Delhi, United States
Chinese Premier Li Qiang attends a meeting with U.S. Special Presidential Envoy for Climate John Kerry (not pictured) at the Great Hall of the People in Beijing, China July 18, 2023. REUTERS/Florence Lo/Pool/File Photo Acquire Licensing RightsBEIJING, Sept 1 (Reuters) - China's Premier Li Qiang will attend a summit of the Association of Southeast Asian Nations (ASEAN) being held Sept. 5-8, the Chinese foreign ministry said on Friday. While at the summit, Li will attend several meetings, including the East Asia Summit and a key meeting that includes Japan and South Korea. Reporting by Beijing newsroom; Editing by Christian SchmollingerOur Standards: The Thomson Reuters Trust Principles.
Persons: Li Qiang, John Kerry, Florence Lo, Li, Christian Schmollinger Organizations: U.S, of, People, REUTERS, Rights, Association of Southeast Asian Nations, East Asia Summit, Beijing, Thomson Locations: Beijing, China, Rights BEIJING, Japan, South Korea
U.S. Commerce Secretary Gina Raimondo talks to Chinese Premier Li Qiang during a meeting at the Great Hall of the People in Beijing, China Tuesday, August 29, 2023. "China is actively advancing its high-level opening-up and making efforts to provide a world-class, market-oriented business environment governed by a sound legal framework," he said. Asked what her message was to U.S. business in China, Raimondo said: "The message is to continue to do what you're doing. She is pressing China to take actions to improve business conditions. That sentiment was echoed by Jens Eskelund, president of the European Union Chamber of Commerce in China, who said "'uninvestible' is not a term we would use to describe China", instead describing it as "under-invested."
Persons: Gina Raimondo, Li Qiang, Andy Wong, Biden, Raimondo, Liu Pengyu, Michael Hart, Hart, Jens Eskelund, Chen Jining, Chen, Walt Disney, David Shepardson, Andrea Shalal, Nicoco Chan, Jason Xue, Joe Cash, Martin Quin Polland, Lun Tian, Laurie Chen, Sandra Maler, Robert Birsel Organizations: Commerce, of, People, REUTERS Acquire, Rights, . Commerce, U.S . Commerce Department, Global, American Chamber of Commerce, European Union Chamber of Commerce, chipmaker Micron Technology, Micron, Shanghai, Shanghai Disneyland, Walt, Shendi Group, Boeing, Thomson Locations: Beijing, China, Rights SHANGHAI, WASHINGTON, United States, Washington, Shanghai, U.S, New York
U.S. Commerce Secretary Gina Raimondo talks to Chinese Premier Li Qiang during a meeting at the Great Hall of the People in Beijing, China Tuesday, August 29, 2023. "China is actively advancing its high-level opening-up and making efforts to provide a world-class, market-oriented business environment governed by a sound legal framework," he said. Raimondo is in Shanghai on Wednesday for the last day of meetings before returning to the United States. Asked what her message was to U.S. business in China, Raimondo said: "The message is to continue to do what you're doing. Michael Hart, president of the American Chamber of Commerce in China, said businesses had been "very clear" in making their concerns known to the Chinese government.
Persons: Gina Raimondo, Li Qiang, Andy Wong, Biden, Raimondo, Liu Pengyu, Michael Hart, Hart, Chen Jining, Chen, Walt Disney, David Shepardson, Andrea Shalal, Chan, Jason Xue, Joe Cash, Martin Quin Polland, Tian, Sandra Maler, Robert Birsel Organizations: Commerce, of, People, REUTERS Acquire, Rights, . Commerce, Commerce Department, Global, American Chamber of Commerce, chipmaker Micron Technology, Micron, Shanghai, Shanghai Disneyland, Walt, Shendi Group, Boeing, Thomson Locations: Beijing, China, Rights SHANGHAI, WASHINGTON, United States, Washington, Shanghai, U.S, New York
Andy Wong | Afp | Getty ImagesBEIJING — U.S. Commerce Secretary Gina Raimondo has called on China to improve the predictability of the business environment for American companies in the country. "There's an appetite certainly for U.S. business to continue to do business in China," she said, adding however that "It's an unlevel playing field for U.S. business. Foreign companies in China have long complained about market access challenges including forced tech transfers and preferential treatment for local companies, especially state-owned enterprises. Gina Raimondo U.S. Commerce SecretaryThe updated law is of "great concern" to U.S. companies, Raimondo said. Foreign business organizations have noted improvements over the years in China's protection of intellectual property.
Persons: Gina Raimondo, China Nick Burns, Premier Li Qiang, Andy Wong, Raimondo, CNBC's Eunice Yoon, Biden, Stephen Olson Hinrich, Stephen Olson Organizations: Premier, of, People, Afp, Getty, U.S . Commerce, U.S, Trump, U.S . Department of Commerce's, of Industry, Security, Commerce, CNBC, Foundation, Biden, Boeing, Bloomberg Locations: China, Beijing, BEIJING, U.S, Shanghai, America, The U.S
[1/4] U.S. Commerce Secretary Gina Raimondo and Chinese Premier Li Qiang have a light moment during a meeting at the Great Hall of the People in Beijing, China, August 29, 2023. "Increasingly I hear from American business that China is uninvestible because it's become too risky," she said. Raimondo insists the United States does not want to decouple from China. The United States and China used to be each other's largest trading partners but Washington now trades more with neighbors Canada and Mexico, while Beijing deals more with Southeast Asia. Reuters Graphics Reuters Graphics"All of that creates uncertainty and unpredictability," Raimondo said of recent Chinese actions.
Persons: Gina Raimondo, Li Qiang, Andy Wong, Raimondo, it's, Biden, John Ramig, Buchalter, Raimondo's, Mintz, JP Morgan, " Raimondo, David Shepardson, Joe Cash, Samuel Shen, Clarence Fernandez, Angus MacSwan, Mark Heinrich, Jonathan Oatis, Nick Macfie Organizations: . Commerce, of, People, REUTERS Acquire, Rights, U.S, chipmaker Micron Technology, Beijing, Companies, Micron, Intel, Boeing, Reuters Graphics Reuters, Thomson Locations: Beijing, China, Rights BEIJING, Shanghai, Washington, United States, U.S, Canada, Mexico, Southeast Asia
Hong Kong CNN —The United States is not seeking to decouple from China’s economy or hold it back, Commerce Secretary Gina Raimondo told senior Chinese economic officials Tuesday in Beijing. Hours later, when she met with Chinese Premier Li Qiang, Raimondo emphasized that point. “A well-maintained economic and trade relationship is beneficial to both [our] countries and the whole world.”“We hope that commercial relationship can provide stability for the overall relationship,” Raimondo said in reply to Li. He said that he hoped the United States will work with China to “adopt rational and practical practices” and put the leaders’ recommendations into practice. On Monday, Raimondo said it was “profoundly important” that the US and China have a stable economic relationship.
Persons: Gina Raimondo, ” Raimondo, Lifeng, , Premier Li Qiang, Raimondo, , Biden, Li, Xi Jinping, Joe Biden, Hu Heping Organizations: Hong Kong CNN, Premier, , Culture and Tourism, Biden, United States Locations: Hong Kong, United States, Beijing, China, United, Bali
Commerce secretary says US firms complain China is 'uninvestable'
  + stars: | 2023-08-29 | by ( ) www.cnbc.com   time to read: +2 min
U.S. Commerce Secretary Gina Raimondo arrives for a meeting with her Chinese counterpart Wang Wentao, at the Ministry of Commerce in Beijing, Monday, Aug. 28, 2023. U.S. Commerce Secretary Gina Raimondo said U.S. companies have complained to her that China has become "uninvestable," pointing to fines, raids and other actions against firms that have made it too risky to do business in the world's second-largest economy. The comments, made to reporters onboard a train as her delegation of U.S. officials headed from Beijing to Shanghai, provided a bleak picture of how U.S. firms view China and were the bluntest Raimondo has made on her trip. "Increasingly I hear from American business that China is uninvestable because it's become too risky," she said. "So businesses look for other opportunities, they look for other countries, they look for other places to go."
Persons: Gina Raimondo, Wang Wentao, Raimondo, it's, Premier Li Qiang, Biden, Li Organizations: Commerce, Ministry of Commerce, . Commerce, U.S, chipmaker Micron Technology, Beijing, Premier, of Locations: Beijing, China, Shanghai, United States
Total: 25