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China says US is the true 'empire of lies'
  + stars: | 2023-09-30 | by ( ) www.reuters.com   time to read: +2 min
Mark Schiefelbein/Pool via REUTERS/File Photo Acquire Licensing RightsBEIJING, Sept 30 (Reuters) - The United States is the true "empire of lies", the Chinese foreign ministry said on Saturday, lashing out at a U.S. State Department report that accused Beijing of ploughing billions of dollars annually into information manipulation efforts. China is manipulating global media through censorship, data harvesting and covert purchases of foreign news outlets, the U.S. State Department said in the report on Thursday. The report has disregarded facts, and is itself false information, the Chinese foreign ministry said in a statement. "Facts have repeatedly proven that the United States is the true 'empire of lies'," it added. Beijing is seeking to combat the negative images of China it feels are propagated by global media.
Persons: Janet Yellen, Mark Schiefelbein, Ryan Woo, Giles Elgood Organizations: Rights, . State Department, U.S . State Department, Thomson Locations: United States, Diaoyutai, Beijing, China, Rights BEIJING, U.S
US accuses China of global media manipulation
  + stars: | 2023-09-28 | by ( Michael Martina | ) www.reuters.com   time to read: +2 min
Mark Schiefelbein/Pool via REUTERS/File Photo Acquire Licensing RightsWASHINGTON, Sept 28 (Reuters) - China is manipulating global media through censorship, data harvesting and covert purchases of foreign news outlets, the United States said on Thursday, warning the trend could lead to a "sharp contraction" of global freedom of expression. Chinese leaders have sought to combat the negative images of China they feel are spread by world media. It had also invested in satellite networks and digital television services in developing regions that prioritize Chinese state-backed media content. Chinese data harvesting overseas "has enabled Beijing to fine-tune global censorship by targeting specific individuals and organizations," it said. "Unchecked, Beijing's efforts could result in .... a sharp contraction of global freedom of expression," the report said.
Persons: Janet Yellen, Mark Schiefelbein, Michael Martina, Cynthia Osterman Organizations: Treasury, Rights, U.S . State Department, NATO, Global, Center, Thomson Locations: United States, Diaoyutai, Beijing, China, Washington, U.S, .
An attendant walks past EU and China flags ahead of the EU-China High-level Economic Dialogue at Diaoyutai State Guesthouse in Beijing, China June 25, 2018. REUTERS/Jason Lee/File photo Acquire Licensing RightsBEIJING, Sept 21 (Reuters) - The 10th China-European Union High-Level Economic and Trade Dialogue will be held in Beijing on Sept. 25, the Chinese commerce ministry said on Thursday. Chinese Vice-Premier He Lifeng will co-chair the meeting with European Commissioner for Trade Valdis Dombrovskis. Reporting by Joe Cash, Albee Zhang and Ethan Wang; Editing by Neil Fullick and Himani SarkarOur Standards: The Thomson Reuters Trust Principles.
Persons: Jason Lee, Lifeng, Joe Cash, Albee Zhang, Ethan Wang, Neil Fullick, Himani Organizations: REUTERS, Rights, European, Trade Valdis, Thomson Locations: China, EU, Beijing, Rights BEIJING
EU says lack of clarity in China's data laws is concerning
  + stars: | 2023-09-19 | by ( ) www.reuters.com   time to read: +2 min
An attendant walks past EU and China flags ahead of the EU-China High-level Economic Dialogue at Diaoyutai State Guesthouse in Beijing, China June 25, 2018. REUTERS/Jason Lee/File photo Acquire Licensing RightsBEIJING, Sept 19 (Reuters) - European Union businesses are concerned about China's data laws, including their "lack of clarity" and the "long processes" that companies have to undergo, European Commission Vice President Vera Jourova said on Tuesday. It now bans the transfer of any information related to national security and interests, without defining those terms, while widening the definition of spying to include cyberattacks against state organs or critical infrastructure. Jourova said the lack of definitions such as, for example, what constitutes important data, and the lack of clarity on how the law might be contravened was problematic as was the lengthy time it takes to complete procedural matters. China is committed to creating a fair, transparent and predictable business environment, the ministry said at the time.
Persons: Jason Lee, Vera Jourova, Xi, Jourova, Ryan Woo, Ella Cao, Edwina Gibbs Organizations: REUTERS, Rights, Union, European, Thomson Locations: China, EU, Beijing, Rights BEIJING, Europe, U.S
FILE PHOTO: German Foreign Minister Annalena Baerbock attends a joint press conference with Chinese Foreign Minister Qin Gang (not pictured) at the Diaoyutai State Guesthouse in Beijing, China, April 14, 2023. Suo Takekuma/Pool via REUTERS/File Photo Acquire Licensing RightsBEIJING, Sept 18 (Reuters) - China has complained to Germany after its foreign minister labelled President Xi Jinping a "dictator", the Chinese foreign ministry said on Monday, calling the title "absurd" and an "open political provocation". German Foreign Minister Annalena Baerbock made the remarks in a live interview with Fox News last week when asked about Russia's war on Ukraine. "If Putin were to win this war, what sign would that be for other dictators in the world, like Xi, like the Chinese president?" Mao Ning, a Chinese foreign ministry spokesperson, said Baerbock's remarks were "extremely absurd" and infringed on China's political dignity.
Persons: Annalena Baerbock, Qin Gang, Xi Jinping, Putin, Xi, Mao Ning, Baerbock's, Mao, Joe Biden, Antony Blinken, Liz Lee, Ethan Wang, Bernard Orr, Jacqueline Wong Organizations: Chinese Foreign, Rights, Fox News, Thomson Locations: Diaoyutai, Beijing, China, Rights BEIJING, Germany, Ukraine, Baerbock
An attendant walks past EU and China flags ahead of the EU-China High-level Economic Dialogue at Diaoyutai State Guesthouse in Beijing, China June 25, 2018. REUTERS/Jason Lee/File Photo Acquire Licensing RightsBEIJING, Sept 18 (Reuters) - China and the European Union held talks on topics including artificial intelligence and cross-border data flows on Monday in Beijing, amid disputes over an EU probe into China's electric vehicle (EV) subsidies. The meeting comes as tensions between China and the EU are heightened after European Commission President Ursula von der Leyen announced an investigation into whether to impose punitive tariffs on Chinese EVs to protect EU producers. The talks on Monday covered key issues including platforms and data regulation, AI, and cross-border flow of industrial data, China and the EU said. The European Commission conveyed concerns about "difficulties faced by EU companies in China to make use of their industrial data, as a result of the application of recent legislation."
Persons: Jason Lee, Zhang Guoqing, Vera Jourova, Ursula von der Leyen, Zhang, Ethan Wang, Ryan Woo, Meg Shen, Andrew Heavens Organizations: REUTERS, Rights, European Union, EU, China's, European Commission, Values, European, Xinhua, Thomson Locations: China, EU, Beijing, Rights BEIJING, Europe, Hong Kong
Apple CEO Tim Cook attends the annual session of China Development Forum (CDF) 2018 at the Diaoyutai State Guesthouse in Beijing, China March 26, 2018. Apple shares fell about 3% on Thursday, following a 4% decline on Wednesday, after several reports suggesting that Chinese government workers could be banned from using iPhones. Greater China, including Hong Kong and Taiwan, is Apple's third-largest market, accounting for 18% of total revenue of $394 billion. It's also where the vast majority of Apple products are assembled. The ban could spread to other state companies and government-backed agencies, Bloomberg News reported on Thursday.
Persons: Tim Cook, It's, Bernstein, Toni Sacconaghi, Sacconaghi, Dan Niles Organizations: Apple, China Development Forum, U.S, Street, Bloomberg, Huawei Locations: Diaoyutai, Beijing, China, Greater China, Hong Kong, Taiwan
Opposition candidates, including Gou, blame the DPP for provoking Beijing and stoking tensions, labeling the vote as a choice between war and peace. Meanwhile, the DPP’s candidate, Vice President Lai Ching-te, has framed the election as a choice between democracy and authoritarianism. Lai Ching-te, Taiwan's Vice President and presidential hopeful, meets the foreign press in Taipei on August 25. In addition to securing 290,000 votes before November, Gou also needs to announce his running mate before September 17, as required by Taiwan’s Central Election Commission. “Gou is really having a race against time, and time is really not in his favor,” Sung said.
Persons: Terry Gou, Tsai Ing, Xi, China –, Lai Ching, “ Don’t, , Lai, Taijing Wu, Priding, Foxconn, Gou, China’s, ” Gou, roiling, Hou Yu, Ko Wen, Hou, who’s, , Ko, Sung, ” Sung Organizations: CNN, Democratic Progressive Party, Harvard, , Communist Party, Chinese Communist Party, Kuomintang, KMT, ih, New, Taiwan People’s Party, Australia National University’s Taiwan Studies, Reuters, Taiwan’s Locations: Taiwan, China, Ukraine, Beijing, Moscow, United States, Lai, Taipei, Shenzhen, Taiwan Strait, Diaoyutai, Foxconn, New Taipei City
French Economy and Finance Minister Bruno Le Maire attends the China-France Economic and Financial Dialogue at the Diaoyutai State Guesthouse in Beijing, China, July 29, 2023. He said they had also agreed to bring forward annual price negotiations - initially planned for next year - to September. Le Maire went a step further on Thursday, naming Unilever, Nestle and Pepsi Co as being among the companies which he said were refusing to toe the line on prices. "The large multinationals could do much more," Le Maire said. "No one is willing to say 'I am going to reduce my prices' because the government is saying so," he said.
Persons: Bruno Le Maire, Thomas Peter, Le Maire, Le, Sybille De La, Silvia Aloisi, David Holmes, Frances Kerry Organizations: Finance, France Economic, REUTERS, Rights, Unilever, Nestle, PepsiCo, Federation du Commerce, Pepsi Co, Thomson Locations: China, France, Diaoyutai, Beijing, Paris
France's Le Maire vows to keep lowering taxes
  + stars: | 2023-08-24 | by ( ) www.reuters.com   time to read: +1 min
French Economy and Finance Minister Bruno Le Maire attends the China-France Economic and Financial Dialogue at the Diaoyutai State Guesthouse in Beijing, China, July 29, 2023. REUTERS/Thomas Peter/File Photo Acquire Licensing RightsPARIS, Aug 24 (Reuters) - France will accelerate the reduction of its debt while sticking to its policy of lowering taxes for households and businesses, Finance Minister Bruno Le Maire said on Thursday. The French state must reduce public spending, he added, confirming that gas and electricity price caps would end. Inflation has started to slow and "we will stick to our fiscal policy", Le Maire said during a visit to the Haute-Savoie department in the French Alps. Reporting by Dominique Vidalon, editing by Tassilo Hummel and Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.
Persons: Bruno Le Maire, Thomas Peter, Le Maire, Fitch, Elisabeth Borne, Dominique Vidalon, Tassilo Hummel, Devika Organizations: Finance, France Economic, REUTERS, Rights, Thomson Locations: China, France, Diaoyutai, Beijing, Haute, Savoie, French
United States and Chinese flags are set up before a meeting between U.S. Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng at the Diaoyutai State Guesthouse in Beijing, China, Saturday, July 8, 2023. The U.S. economy expanded 1.2% in the second quarter, following 1.6% growth in the first three months of the year. Meanwhile, China's growth outlook continues to darken. "We may see similar growth rates between the U.S. and China, which is a concern for China because it is much poorer per capita," she added. The historic highs and lows of U.S. and Chinese economic surprises, respectively, will likely revert to mean as analysts adjust their expectations.
Persons: Janet Yellen, Mark Schiefelbein, That's, Goldman Sachs, Desmond Lachman, Dirk Willer, Jamie McGeever, Kirsten Donovan Organizations: Treasury, Rights, Atlanta Fed's, Barclays, Goldman, American Enterprise Institute, Reuters, Center for Strategic, International Studies, U.S, World Bank, Citi, Thomson Locations: United States, Diaoyutai, Beijing, China, Rights ORLANDO , Florida, U.S
More than a year of enforcement of the Uyghur Forced Labor Prevention Act (UFLPA) has already stymied development of solar energy projects as detained panel shipments languish in U.S. warehouses. When shipments are detained, CBP provides the importer with a list of examples of products from previous reviews and the kind of documentation required to prove they are not made with forced labor, CBP told Reuters. "The timing of these changes does not reflect any specific changes in strategy or operations," a CBP spokesperson said in a statement, adding that the list of eight product types was "not exhaustive." In a report to Congress last month on UFLPA enforcement, CBP listed lithium-ion batteries, tires, "and other automobile components" among the "potential risk areas" it was monitoring. The stepped-up focus on automakers follows a study by Britain's Sheffield Hallam University published in December that said nearly every major automaker has exposure to products made with forced labor in Xinjiang.
Persons: Janet Yellen, Mark Schiefelbein, Dan Solomon, Chevalier, Solomon, Britain's, Ron Wyden, Wyden, we've, Tesla, Brandon Daniels, Nichola Groom, David Shepardson, Jan Schwartz, Daniel Leussink, Matthew Lewis Organizations: Reuters, U.S . Customs, Border Protection, Beijing, Uyghur, Labor, U.S . Solar Energy Industries Association, Biden, CBP, Miller, Britain's Sheffield Hallam University, U.S, Senate, Benz, Volkswagen, Friedrichshafen AG, Bosch, General Motors, Honda, Toyota, Continental AG, Thomson Locations: United States, Diaoyutai, Beijing, China, Xinjiang, U.S, Detroit, UFLPA, Los Angeles, Washington, Hamburg, Tokyo
And markets widely expect the PBOC to loosen monetary policy further. But the divergent monetary policy paths between the world's two largest economies widened the yield gap to 164 basis points between China's benchmark 10-year government bonds and U.S Treasuries s - the highest since February 2007. "More broadly, recent economic data releases in China have been disappointing, while those in the U.S. have surprised to the upside." The widening yield gap reduced foreign appetite in China's onshore yuan bonds, with latest official data showing overseas investors' holding declined in July. But the expectations for further monetary easing and capital outflow risks has pressure on the Chinese yuan to depreciate further.
Persons: Janet Yellen, Mark Schiefelbein, David Chao, Eugenia Victorino, SEB, Winni Zhou, Tom Westbrook, Simon Cameron, Moore Organizations: Rights, People's Bank of China, Asia, Thomson Locations: United States, Diaoyutai, Beijing, China, Rights SHANGHAI, SINGAPORE, Invesco, U.S, Asia
US welcomes WTO panel report on China steel, aluminum tariffs
  + stars: | 2023-08-16 | by ( ) www.reuters.com   time to read: +1 min
A staff member wearing a face mask walks past United States and Chinese flags set up before a meeting between Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng at the Diaoyutai State Guesthouse in Beijing, China, Saturday, July 8, 2023. Mark Schiefelbein/Pool via REUTERS/File Photo Acquire Licensing RightsWASHINGTON, Aug 16 (Reuters) - The office of the U.S. Trade Representative on Wednesday said it was pleased with a World Trade Organization panel report that it said recognized the United States' section 232 actions on steel and aluminum are security measures and rejected China's arguments. "The United States is pleased with the World Trade Organization (WTO) panel report released today, recognizing that the U.S. Section 232 actions on steel and aluminum are security measures, and that the People’s Republic of China (China) illegally retaliated with sham 'safeguard' tariffs," the USTR said in a statement. Reporting by Susan HeaveyOur Standards: The Thomson Reuters Trust Principles.
Persons: Janet Yellen, Mark Schiefelbein, Susan Heavey Organizations: Rights, U.S . Trade, World Trade Organization, U.S, Thomson Locations: United States, Diaoyutai, Beijing, China, People’s Republic of China
Mark Schiefelbein/Pool via REUTERS/File Photo Acquire Licensing RightsWASHINGTON, Aug 16 (Reuters) - A bipartisan group of former senior U.S. national security officials urged Congress on Wednesday to dedicate resources to President Joe Biden's recent order restricting some outbound U.S. investment to China, calling it a top priority. The further development of outbound investment transparency and review should be "among your top foreign policy priorities", they wrote, calling it essential that Congress commit resources to implementation. Biden's order, issued last week but expected to be implemented next year, is aimed at preventing American capital and expertise from helping China develop technologies that could support its military modernization and undermine U.S. national security. Peter Harrell, a former Biden National Security Council official, and former commanders of the U.S. Indo-Pacific Command Harry Harris and Philip Davidson, were among the other officials who endorsed the letter. China has said it is "gravely concerned" by the order, though some U.S. lawmakers have criticized it as having too many loopholes.
Persons: Janet Yellen, Mark Schiefelbein, Joe Biden's, Trump, Matt Pottinger, Colin Kahl, , aren't, Chuck Schumer, Kevin McCarthy, Peter Harrell, Pacific Command Harry Harris, Philip Davidson, Michael Martina, Sharon Singleton Organizations: Rights, U.S, Reuters, Democratic, Republican, Treasury, Biden National Security Council, Pacific Command, Thomson Locations: United States, Diaoyutai, Beijing, China, U.S
UK considers response to US ban on tech investments in China
  + stars: | 2023-08-10 | by ( ) www.reuters.com   time to read: +2 min
A worker adjusts British and China (R) national flags on display for a signing ceremony at the seventh UK-China Economic and Financial Dialogue "Roundtable on Public-Private Partnerships" at Diaoyutai State Guesthouse in Beijing, China September 21, 2015. REUTERS/Andy Wong/File PhotoLONDON, Aug 10 (Reuters) - Britain said on Thursday it was weighing how to respond to a decision by U.S. President Joe Biden to prohibit some tech investments in China, adding it was continuing to assess potential national security risks. The U.S. government has said the measures are designed to address national security risks. A spokesperson for Prime Minister Rishi Sunak's government said the executive order gave important clarity on the U.S. approach: "The UK will consider these new measures closely as we continue to assess potential national security risks attached to some investments." British investment in Hong Kong stood at 77.6 billion pounds.
Persons: Andy Wong, Joe Biden, Biden, Rishi Sunak's, James, Sunak, Kate Holton, William Schomberg, Sharon Singleton Organizations: China Economic, Public, REUTERS, U.S, Treasury, Thomson Locations: China, Diaoyutai, Beijing, Britain, U.S, London, Hong Kong, Xinjiang, United States
China's Ministry of State Security on Tuesday said China should encourage its citizens to join counter-espionage work, including creating channels for individuals to report suspicious activity and rewarding them for doing do. A system that makes it "normal" for regular people to participate in counter-espionage should be established, the ministry said. That followed an expansion of China's counter-espionage law that took effect in July and bans the transfer of information it sees as related to national security. It has alarmed the United States, which has warned that foreign companies in China could be punished for regular business activities. China's declaration that it is under threat from spies comes as Western nations, most prominently the United States, accuse China of espionage and cyberattacks, a charge that Beijing has rejected.
Persons: Janet Yellen, Mark Schiefelbein, Matt Miller, Cheng Lei, Daphne Psaledakis, Humeyra Pamuk, Mark Porter, Rosalba O'Brien Organizations: China's Ministry of State Security, Astellas Pharma, Thomson Locations: United States, Diaoyutai, Beijing, China
[1/5] China's Vice Premier He Lifeng and French Economy and Finance Minister Bruno Le Maire attend the China-France Economic and Financial Dialogue at the Diaoyutai State Guesthouse in Beijing, China, July 29, 2023. REUTERS/Thomas PeterBEIJING, July 29 (Reuters) - China hopes France can "stabilise the tone" of EU-China relations, vice-premier He Lifeng told a senior French minister in Beijing on Saturday, as European leaders debate how to "de-risk" but also cooperate with the world's second-largest economy. "It is hoped that France will stabilise the tone of friendly cooperation between China and the EU," He said in opening remarks before an afternoon of discussions at Beijing's Diaoyutai State Guest house, adding that China believes its bilateral ties with France "have a good foundation". "It is essential to think about the expansion and deepening of economic and financial cooperation between France and China," La Maire said. "We would like to welcome major new investments from China to French territory."
Persons: Lifeng, Bruno Le Maire, Thomas Peter BEIJING, State Anthony Blinken, Janet Yellen, Le Maire, La Maire, Joe Cash, Layli Foroudi, Liz Lee, Lincoln, Giles Elgood Organizations: China's, Finance, France Economic, REUTERS, Economy, Beijing's, U.S, State, Economic, European Union, Union, Huawei, Thomson Locations: French, China, France, Diaoyutai, Beijing, EU, United States, Russia, Paris
(Photo by Leah MILLIS / POOL / AFP) (Photo by LEAH MILLIS/POOL/AFP via Getty Images)China-linked hackers breached the email account of U.S. The hackers also accessed the email account of Daniel Kritenbrink, the assistant Secretary of State for East Asia, who recently travelled with Secretary of State Antony Blinken to China, said NBC, citing two U.S. officials familiar with the matter. CNBC reached out to China's Foreign Ministry for comment but has yet to hear back. The beach was limited to the diplomats' unclassified email accounts, NBC said adding that Secretary of Commerce Gina Raimondo's email account was also accessed in the breach, as previously reported. The news, first reported by the Wall Street Journal, further fuels the fallout for the U.S. of the alleged Chinese hack first revealed last week.
Persons: Antony Blinken, Central Foreign Affairs Commission Wang Yi, Leah MILLIS, LEAH MILLIS, China Nicholas Burns, Daniel Kritenbrink, Commerce Gina Raimondo's Organizations: Central Foreign Affairs Commission, Getty Images, NBC News, State, NBC, CNBC, China's Foreign, Commerce, Wall Street Journal, U.S Locations: Diaoyutai, Beijing, China, East Asia
China's President Xi meets with Henry Kissinger in Beijing
  + stars: | 2023-07-20 | by ( ) www.reuters.com   time to read: +1 min
[1/2] China's President Xi Jinping attends a signing ceremony with Palestinian President Mahmud Abbas (not pictured) at the Great Hall of the People in Beijing , China June 14, 2023. JADE GAO/Pool via REUTERS/File photoBEIJING, July 20 (Reuters) - China's President Xi Jinping met with veteran U.S. diplomat Henry Kissinger in Beijing, state media reported on Thursday. He met with Xi at the Diaoyutai State Guesthouse, CCTV reported. Washington said it was aware of Kissinger's trip to China this week, but noted he was not acting on behalf of the U.S. government. Reporting by Bernard Orr; editing by Christian SchmollingerOur Standards: The Thomson Reuters Trust Principles.
Persons: Xi Jinping, Mahmud Abbas, JADE, Henry Kissinger, Xi, Kissinger, Wang Yi, Li Shangfu, Beijing Kissinger, Richard Nixon, Gerald Ford, Washington, Bernard Orr, Christian Schmollinger Organizations: of, People, JADE GAO, U.S, ., Thomson Locations: Beijing, China, BEIJING, Diaoyutai State, Washington
Former U.S. Secretary of State Henry Kissinger helped broker talks between then-U.S. President Richard Nixon and China's Mao Zedong, paving the way for normalized relations. Veteran U.S. diplomat Henry Kissinger met with Chinese President Xi Jinping Thursday during a surprise visit to Beijing, according to state media. The 100-year-old former U.S. Secretary of State was hosted by the Chinese premier at the Diaoyutai State Guesthouse, CCTV said in an online post. However, Reuters reported that the White House said Kissinger was not visiting China on behalf of the U.S. government. Kissinger's talks with Xi were his second unexpected meeting of the week, after the former diplomat spoke with China's Defense Minister Li Shangfu on Tuesday.
Persons: Henry Kissinger, Richard Nixon, China's Mao, Xi Jinping, Kissinger, Xi, Kissinger's, Li Shangfu Organizations: U.S, Veteran U.S, State, Xinhua, Google, U.S . State Department, Reuters, White, ., China's Defense Locations: Beijing, Diaoyutai State, China
CNN —Henry Kissinger, the 100-year-old former US Secretary of State who is in Beijing this week for a surprise visit, met with Chinese leader Xi Jinping on Thursday – a day after US climate envoy John Kerry wrapped up his trip to restart climate talks with China. Xi met Kissinger at the Diaoyutai State Guesthouse, a diplomatic complex in western Beijing where China’s leaders often receive foreign dignitaries, state broadcaster CCTV reported. The meeting comes after Kissinger met with China’s top diplomat Wang Yi and Defense Minister Li Shangfu, who has been under US sanction since 2018 over China’s purchase of Russian weapons. Kissinger’s meeting with Xi is indicative of how highly he is regarded by China’s leadership. His previously unannounced visit overlapped with Kerry’s high-profile visit to Beijing, which saw US and China resume climate talks that had been frozen for nearly a year.
Persons: CNN — Henry Kissinger, Xi Jinping, John Kerry, Xi, Kissinger, Wang Yi, Li Shangfu, Kerry, Joe Biden’s, , Nixon Organizations: CNN, CCTV, Wang Yi and Defense, China’s, State, Beijing “, Communist Locations: Beijing, China, Diaoyutai State, Communist China
BEIJING, July 17 (Reuters) - China's President Xi Jinping told former Philippine President Rodrigo Duterte to continue to promote cooperation between the two countries, after bilateral relations cooled with Duterte's successor seeking closer ties with Washington. Ferdinand Marcos Jr was elected as president for a six-year term in 2022, taking over from Duterte who had adopted a more pro-China stance. Under Marcos, relations between China and the Philippines have grown tense, with Manila pivoting back to its traditional ally, the United States. "During your tenure as president of the Philippines, you had resolutely made the strategic choice to improve relations with China in an attitude of being responsible to the people and to history," Xi told Duterte. Last month, Duterte told domestic media that the Philippines could become a "graveyard" if it gets caught up in U.S.-China tensions.
Persons: Xi Jinping, Rodrigo Duterte, Ferdinand Marcos Jr, Xi, Marcos, Joe Biden, Duterte, Ryan Woo, Sharon Singleton Organizations: Washington, . Washington, Beijing, Thomson Locations: BEIJING, Philippine, Duterte, China, Philippines, Beijing, Manila, United States, U.S, ., Taiwan
[1/3] US Treasury Secretary Janet Yellen speaks during her meeting with China's Vice Premier He Lifeng (out of frame) at the Diaoyutai State Guesthouse in Beijing on July 8, 2023. Yellen said nothing publicly to indicate that the U.S. was poised to ease tariffs, but commentators in China were hopeful, amid a U.S. Trade Representative review. "While U.S might continue its technological curbs on China, a reduction or exemption of non-core tariffs against China is possible." Yellen last year advocated eliminating some duties on "non-strategic" goods as a way to ease some specific costs amid high inflation. Haley has said she would push Congress to revoke China’s trade status until China curbs its alleged role in the fentanyl trade.
Persons: Janet Yellen, Lifeng, Pedro PARDO, Janet Yellen's, Biden, Harry Broadman, Donald Trump's, Premier Li Qiang, Yellen, Hong Hao, Chad Bown, " Bown, Josh Hawley, Ron DeSantis, Nikki Haley, Haley, Donald Trump, David Lawder, Andrea Shalal, Gram Slattery, Jeff Mason, Heather Timmons, Nick Zieminski Organizations: China's, WASHINGTON, . Treasury, Trump, White House, World Bank, Berkeley Research, Premier, U.S . Treasury, . Trade, China's Finance, U.S, Grow Investment, Times, Peterson Institute of International Economics, Reuters, Republican, Firebrand, Thomson Locations: Diaoyutai, Beijing, China, U.S, Washington, U.s, Donald Trump's China, CHINA, Xinjiang, Hong Kong, Florida, Mexico, Cuba
Yellen stresses 'fair' rules, communication in Beijing meetings
  + stars: | 2023-07-08 | by ( ) www.cnbc.com   time to read: +2 min
US Treasury Secretary Janet Yellen speaks during a meeting with Chinese Premier Li Qiang (not shown) at the Great Hall of the People in Beijing on July 7, 2023. The United States and China, the world's two biggest economies, must compete fairly and communicate closely to avoid misunderstandings, U.S. Treasury Secretary Janet Yellen said in Beijing on Saturday. But it was critical to keep talking about areas of common interest, as well as disagreements, she said in prepared remarks. Meeting her at the Diaoyutai state guest house, where foreign dignitaries are often received in Beijing, He said he stood ready to work with Yellen. The United States would continue to communicate directly its concerns about specific economic practices, and would take targeted actions to protect its national security, Yellen said.
Persons: Janet Yellen, Premier Li Qiang, Yellen Organizations: Premier, of, People, Treasury Locations: Beijing, United States, China, U.S
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