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☆ Xi appoints new chief of China's nuclear arsenal
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +1 min

Until his move to the PLA Rocket Force, Wang had been deputy commander of the navy since 2020. State media did not say where the PLA Rocket Force's previous chief, Li Yuchao, was reassigned or state his whereabouts. Xi has repeatedly urged the military to deepen war and combat planning to increase the chances of victory in actual combat to safeguard China's sovereignty and territory. China says it is committed to a defensive nuclear strategy, and pledges to no first use of nuclear weapons. It says it will also not use or threaten to use nuclear weapons against non-nuclear weapon states or nuclear weapon free zones.

Persons: Jason Lee, Xi Jinping, Wang Houbin, Xu Xisheng, Wang, Xu, Li Yuchao, Xi, Ryan Woo, Alex Richardson Organizations: Military, People's, REUTERS, People's Liberation Army, PLA Rocket Force, Navy, Southern Theatre Command, PLA, Thomson Locations: People's Republic of China, Beijing, China, BEIJING

HONG KONG, July 31 (Reuters) - Hong Kong's stock exchange will no longer require companies to spell out China-related business risks in listing applications from Tuesday, in a move that aligns the city more closely with disclosure changes ordered by Beijing. China's securities watchdog published updated rules for offshore listings in February and Hong Kong followed with its own consultation on proposed changes a week later. In a summary of rule revisions, the exchange didn't list the removal of China risk disclosures as a major change. The majority of Chinese companies' offshore listing proposals have been filed with the Hong Kong exchange since the country new offshore listing regime came into effect on March 31, but few of them have got Beijing's nod to start raising funds. Reporting by Selena Li and Kane Wu in Hong Kong; Editing by Sumeet Chatterjee and Christina FincherOur Standards: The Thomson Reuters Trust Principles.

Persons: Selena Li, Kane Wu, Sumeet Chatterjee, Christina Fincher Organizations: bourse, Hong Kong Exchanges, Clearing, HK, People's, China Securities Regulatory Commission, Reuters, U.S . Securities, Exchange Commission, Hong, Thomson Locations: HONG KONG, China, Beijing, Hong Kong, People's Republic of China, United States, Hong

☆ Chinese consular building damaged in Russian attack on Ukraine's Odesa - governor
▼ + stars: | 2023-07-20 | by ( ) www.reuters.com time to read: +1 min

KYIV, July 20 (Reuters) - A building at the Chinese consulate in Odesa was damaged in a Russian missile and drone attack on the southern Ukrainian port city, regional governor Oleh Kiper said on Thursday. Russia, which is an ally of China, attacked the port cities of Odesa and Mykolaiv overnight for the third successive night. "The aggressor is deliberately hitting the port infrastructure - administrative and residential buildings nearby were damaged, also the consulate of the People's Republic of China. Ukrainian President Volodymyr Zelenskiy said in his daily late-night video address on Wednesday that 60,000 tons of agricultural products destroyed in a Russian air strike on Odesa port had been intended for shipment to China. Reporting by Anna Pruchnicka, Writing by Olena Harmash, Editing by Timothy HeritageOur Standards: The Thomson Reuters Trust Principles.

Persons: Oleh Kiper, Kiper, Volodymyr Zelenskiy, Anna Pruchnicka, Olena Harmash, Timothy Organizations: Timothy Heritage, Thomson Locations: Odesa, Russian, Ukrainian, Russia, China, Mykolaiv, People's Republic of China

☆ Cramer: The Cassandras are wrong about the market (again) — here's why I'm upbeat
▼ + stars: | 2023-07-16 | by ( Jim Cramer | ) www.cnbc.com time to read: +14 min

The impossibility of any company doing anything right, or as right as the market seems to judge, serves as the only homily worth offering. You simply don't land at all. Of course, the biggest worry to this market is its two-tiered nature: The mega-cap techs versus all the rest. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Warren Buffett, It's, Jerome Powell's, Alan Greenspan, Ben Bernanke, Powell, deride Powell, —, it's, Wells, Vin Diesel, he'll, Goldman Sachs, Amy Hood, Tim Cook's, Mark Zuckerberg's pickleball, Clive Cussler, Stephen King, Lina Khan's, Jonathan Kanter, Khan, Morgan, let's, Jim Cramer's, Jim Cramer, Jim, Victor J Organizations: Apple, Wells, JPMorgan, PepsiCo, Treasury, Bank of America, Microsoft, Activision Blizzard, Nvidia, Intel, Devices, Colgate, Federal Trade, Activision, Justice Department, sycophantic, Fed, Jim Cramer's Charitable, CNBC, Visitors, New York Stock Exchange, Blue, Bloomberg, Getty Locations: People's Republic of China, China, Wells Fargo, America, New York

☆ Paraguay 'would love' more China trade, Taiwan still better for development
▼ + stars: | 2023-07-15 | by ( Ben Blanchard | ) www.reuters.com time to read: +2 min

TAIPEI, July 15 (Reuters) - Paraguay "would love" to do more trade with China, but Taiwan offers the best bet for moving the largely agricultural economy up the value chain, the country's president-elect Santiago Pena said on Saturday on a visit to Taipei. Paraguay is the last South American country with formal relations with Taiwan, which China claims as its own territory. Honduras ended decades of ties in favour of Beijing this year, and only 13 countries now recognise Taiwan. "We have no constraints on doing trade with China. We would love to do more trade with the PRC," he said, referring to the People's Republic of China.

Persons: Santiago Pena, Pena, Tsai Ing, Wang Mei, Tsai, William Lai, Lai, Ben Blanchard, William Mallard Organizations: Thomson Locations: TAIPEI, Paraguay, China, Taiwan, Taipei, American, Honduras, Beijing, People's Republic of China, Brazil, United States

"U.S.-China competition is on the same starting line," Chipuller chairman Yang Meng said about chiplet technology in an interview with Reuters. "They can still develop 3D stacking or other chiplet technology to work around those restrictions. Beijing is rapidly exploiting chiplet technology in applications as diverse as artificial intelligence to self-driving cars, with entities from tech giant Huawei Technologies to military institutions exploring its use. About a quarter of the global chip packaging and testing market sits in China, according to Dongguan Securities. Huawei, China’s tech and chip design giant that has been put on the U.S.'s most restricted list, has been actively filing chiplet patents.

Persons: Yang Meng, Charles Shi, Needham, Yang, Needham's Shi, Chipuller, Laura Black, Melissa Mannino, Perry Bechky, Rowe, Mike Gallagher, Biden, ”, Chipuller's Yang, zGlue, CFIUS, Shayne Phillips, MIIT, Jane Lanhee Lee, Eduardo Baptista, Echo Wang, Stephen Nellis, Kenneth Li, Brenda Goh, Lincoln Organizations: Chipuller, Industry, Reuters, Huawei Technologies, Intel, Dongguan Securities, People’s Liberation Army, PLA, Acclaim, British, Islands, Sea Investment Co, Foreign Investment, Treasury, Akin's Trade, Berliner Corcoran, Department of Commerce, Huawei, U.S, TongFu Microelectronics, JCET, Beijing ESWIN Technology Group, China’s Ministry of Industry, Information Technology, Thomson Locations: Shenzhen, China, U.S, United States, Japan, South Korea, Taiwan, Beijing, Dongguan, BakerHostetler, People's Republic of China

☆ U.S. climate envoy John Kerry to visit China as talks pick up again
▼ + stars: | 2023-07-12 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

US climate envoy John Kerry (L) gestures as he speaks next to China's special climate envoy Xie Zhenhua (R) during a session at the World Economic Forum annual meeting in Davos on May 24, 2022. BEIJING — John Kerry, special presidential envoy for climate, is set to visit Beijing from July 16 to 19, according to announcements from the U.S. and China. Kerry's trip will mark the third time in a month that a high-level U.S. official has traveled to China for talks. Treasury Secretary Janet Yellen ended a four-day trip to Beijing on Sunday. Secretary of State Antony Blinken visited Beijing in late June, months after he was originally scheduled to travel there in February.

Persons: John Kerry, Xie Zhenhua, BEIJING — John Kerry, Kerry, Janet Yellen, Antony Blinken, Blinken Organizations: U.S . State Department, Sunday Locations: Davos, BEIJING, Beijing, U.S, China, People's Republic of China

☆ Germany publishes new strategy on 'increasingly assertive' China
▼ + stars: | 2023-07-12 | by ( ) www.reuters.com time to read: +3 min

[1/3] The flags of Germany and China are seen ahead of a meeting between German Chancellor Olaf Scholz and Chinese Premier Li Qiang in Berlin, Germany, June 19, 2023. REUTERS/Fabrizio BenschBERLIN, July 13 (Reuters) - Germany published its long-awaited China strategy on Thursday, which took stock of an "increasingly assertive" Beijing and outlined possible responses such as outbound investment controls on cutting-edge technology with military use. However, it was also increasingly assertive in its attempts to change the rules-based international order with consequences for global security. Germany would expand its close relations with Taiwan while continuing to adhere to the "One China policy", which recognises the government of the People's Republic of China as the sole legal government of China. On the economy, the strategy outlined proposals to reduce critical dependencies on China, in line with what has previously been agreed by the European Union.

Persons: Olaf Scholz, Li Qiang, Fabrizio Bensch BERLIN, Chancellor Olaf Scholz's, Sarah Marsh, Andreas Rinke, Matthias Williams, Friederike Heine, Miranda Murray, Rachel More, Alex Richardson Organizations: REUTERS, European, Volkswagen, BASF, BMW, Government, Thomson Locations: Germany, China, Berlin, Beijing, West, Russia, Taiwan, People's Republic of China

☆ China lashes back at NATO criticism, warns it will protect its rights
▼ + stars: | 2023-07-12 | by ( ) www.reuters.com time to read: +3 min

"The PRC's malicious hybrid and cyber operations and its confrontational rhetoric and disinformation target Allies and harm Alliance security." NATO Secretary General Jens Stoltenberg told reporters at the summit that while China was not a NATO "adversary", it was increasingly challenging the rules-based international order with its "coercive behaviour." "Any act that jeopardises China's legitimate rights and interests will be met with a resolute response," it said. In the communique, NATO also said China sought to control key technological and industrial sectors, critical infrastructure, and strategic materials and supply chains, and that Beijing also used its economic leverage to create strategic dependencies and enhance its influence. Reporting by Liz Lee and Ryan Woo; Editing by Tom Hogue and Michael PerryOur Standards: The Thomson Reuters Trust Principles.

Persons: Jens Stoltenberg, Fumio Kishida, Yoon Suk Yeol, Kishida, Liz Lee, Ryan Woo, Tom Hogue, Michael Perry Organizations: NATO, Alliance, South, Thomson Locations: BEIJING, Beijing, China, Asia, Pacific, Lithuanian, Vilnius, People's Republic of China, NATO, Ukraine, Taiwan, East Asia, Japan, Tokyo

☆ Microsoft discovered US state department emails were being hacked by China — and the investigation began the same day Blinken visited Beijing
▼ + stars: | 2023-07-12 | by ( Chris Panella | ) www.businessinsider.com time to read: +3 min

It started investigating on June 16, the same day Secretary of State Blinken traveled to China. In a Wednesday press briefing, the US State Department would not confirm who was behind the attacks. Bell said in his blog that Microsoft's investigation found that the hacks traced back approximately a month before June 16. In a statement to Insider, the State Department said it immediately took steps to secure its systems after detecting anomalous activity. The State Department's investigation into the hack is ongoing, Miller added.

Persons: it'd, Blinken, Antony Blinken, Charlie Bell, —, Bell, Matthew Miller, Miller, We've Organizations: Microsoft, US State Department, Service, Blinken's, The New York Times, State Department, Department Locations: China, Wall, Silicon, Beijing, Russia, Ukraine, PRC, People's Republic of China, Storm

☆ Janet Yellen arrives in Beijing on mission to find common ground for U.S. and China
▼ + stars: | 2023-07-06 | by ( Clement Tan | ) www.cnbc.com time to read: +2 min

U.S. Treasury Secretary Janet Yellen landed in Beijing July 7 on a four-day trip aimed at finding common ground for a mutually beneficial economic relationship between the world's two largest economies. Treasury Secretary Janet Yellen landed in Beijing Thursday on a four-day trip aimed at finding common ground as rivalry between the U.S. and China becomes increasingly adversarial. Before departing for China, Yellen had a "frank and productive discussion" with Xie Feng, the Chinese U.S. ambassador, according to the U.S. Treasury. In an April speech, Yellen stressed the importance of fairness in the U.S. economic competition with China. "A full cessation of trade and investment would be destabilizing for both of our countries and the global economy."

Persons: Janet Yellen, Andrew Sheng, Antony Blinken's, Yellen, Xie Feng Organizations: Treasury, University of Hong, Asia Global Institute, CNBC, U.S, U.S . Treasury, Treasury Department, U.S . Locations: Beijing, Asia, China, Europe, Chinese, People's Republic of China, U.S

☆ A defiant Putin renewed calls for countries to trade with Russia using local currencies in his first international appearance after the failed Wagner mutiny
▼ + stars: | 2023-07-05 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

At a trade summit, Putin said 80% of the Russia-China trade is now transacted in the yuan and the ruble. The Russian currency was used in 40% of all export transactions with SCO countries, Putin added. Founded in 2001, SCO member countries include China, Russia, India, Pakistan, Kazakhstan, the Kyrgyz Republic, Tajikistan, Uzbekistan, and Iran. The tough restrictions against Russia spooked other countries so much that they are now lining up backup currencies for trade. Sanctioned countries like Russia and emerging nations like Argentina have recently started using the yuan for trade, primarily with China.

Persons: Vladimir Putin, Putin, —, Wagner, Xi Jinping, Xi Organizations: Service, Russia, Shanghai Cooperation Organization, SCO —, SCO, CGTN Locations: Russia, China, Ukraine, People's Republic of China, India, Pakistan, Kazakhstan, Kyrgyz Republic, Tajikistan, Uzbekistan, Iran, Argentina

☆ Taiwan presidential front-runner says he can keep peace with China
▼ + stars: | 2023-07-05 | by ( ) www.reuters.com time to read: +2 min

Lai, Taiwan's vice president and the candidate for the ruling Democratic Progressive Party (DPP), has consistently led the majority of opinion polls ahead of the January election. "I will support the cross-strait status quo - which is in the best interests of both the Republic of China, as Taiwan is formally known, and the international community. Lai is expected to visit the United States next month, according to diplomatic sources, as presidential candidates traditionally do, to discuss their policy agenda. Beijing views her as a separatist for refusing to accept the Chinese position that Taiwan and China are part of "one China". Both Tsai and Lai say that the Republic of China, Taiwan's formal name, is already an independent state, despite only 13 countries formally recognising it.

Persons: William Lai, Tsai Ing, Lai, Tsai, Mao Zedong's, Ben Blanchard, Gerry Doyle Organizations: Democratic Progressive Party, Beijing, Thomson Locations: TAIPEI, Taiwan, China, Republic of China, United States, Beijing, People's Republic of China

☆ India and China are buying new tanks designed to fight on one of the world's highest battlefields
▼ + stars: | 2023-07-02 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +8 min

Both countries are also investing in new light tanks designed for high altitudes and rough terrain. Consequently, India is planning to developing its own light tank to level the playing field. The Type 15A Type 15 tank on display at the Beijing Exhibition Center in October. NOEL CELIS/AFP via Getty ImagesChina has coped with these issues by deploying its Type 15 light tank, one of the few modern light tanks produced in the 21st century. India has tried on and off since 1983 to develop a new light tank but has never settled on a model.

Persons: —, NOEL CELIS, Arjuna, Ajay Aggarwal, hasn't, Danish Ismail, Narendra Modi's, Toubro, Zorawar Singh Organizations: Service, US Army, Bilderwelt, Beijing Exhibition Center, Getty Images, Abrams, Getty, Hindustan Times, Indian Ministry of Defense, REUTERS, Danish, India's Ministry of Defense, Larsen, Rolls Royce Locations: India, Bologna, China, Japan, Ladakh, AFP, Getty Images China, Russia, Western, People's Republic of China, New Delhi, Pakistan, Indian, Belgian

☆ US warns new Chinese counterespionage law puts companies at risk
▼ + stars: | 2023-06-30 | by ( Michael Martina | ) www.reuters.com time to read: +2 min

WASHINGTON, June 30 (Reuters) - The U.S. on Friday warned about a new Chinese counter-espionage law, saying American and other foreign companies in the country could face penalties from Chinese authorities for regular business activities. Chinese lawmakers this year passed a wide-ranging update to Beijing's anti-espionage legislation that goes into effect on July 1, banning the transfer of any information related to national security and broadening the definition of spying. It said the ambiguities of the law meant that "any documents, data, materials or items" could be deemed relevant to Chinese national security, also putting journalists, academics and researchers at risk. Chinese leader Xi Jinping has emphasized national security since taking office in 2012. U.S. officials have told Reuters that since the enactment of the Chinese law in April they have received a flood of questions from businesses and other groups about the risks of traveling to China.

Persons: Xi Jinping, China Nicholas Burns, Michael Martina, Chizu Organizations: U.S . National Counterintelligence and Security, People's, U.S, China, U.S ., Reuters, The U.S . State Department, Thomson Locations: U.S, China, People's Republic of China, Beijing, Washington, The

☆ China opens its doors to the world by kicking off its first in-person 'Summer Davos' since the pandemic
▼ + stars: | 2023-06-27 | by ( Spriha Srivastava | ) www.businessinsider.com time to read: +3 min

The Chinese city of Tianjin is hosting the World Economic Forum's "Summer Davos." Chinese Premier Li Qiang opened the conference, acknowledging global challenges and warning about future public health crises. Saudi Arabia has sent a top delegation to the event, reflecting the importance of its oil trade relationship with China. C-suite executives, government officials, and media members from all over the world have made their way to attend the first in-person World Economic Forum, or WEF, event in China since the pandemic began. The WEF's three-day "Summer Davos" will see over 1,500 participants discuss topics centered around "Entrepreneurship: The driving force of the global economy."

Persons: Li Qiang, —, Li, PASCAL BITZ, Xi Jinping Organizations: Service, Entrepreneurship, New, People's, Economic, China's, Financial Times Locations: Tianjin, Davos, Saudi Arabia, China, Local, People's Republic of China, Kingdom

☆ China slams the West for 'hyping up' the concept of 'de-risking.' Here's what it means and why China is so worried.
▼ + stars: | 2023-06-27 | by ( Spriha Srivastava | ) www.businessinsider.com time to read: +4 min

The US-China trade war has impacted manufacturing exports, particularly in the semiconductor industry. Opening Plenary with Li Qiang, Premier of the People's Republic of China World Economic Forum/Benedikt von LoebellWhy does de-risking matter? According to the Peterson Institute for International Economics, the trade war of 2018-19 devastated US exports to China. A big sticking point for the two nations is the US manufacturing exports to China. "Prior to the trade war, manufacturing was 44 percent of total US goods and services exports to China — the largest component of pre-trade war commerce.

Persons: Li Qiang, Li, —, Ursula von der Leyen, Benedikt von Loebell, Trump, Morgan, JP Morgan Organizations: Service, European, Economic, Peterson Institute for International Economics, Peterson Institute, Semiconductor Industry Association Locations: China, West, Davos, Tianjin, decouple, People's Republic of China, China —, East Asia, Taiwan, South Korea

☆ Business in China is getting harder for European companies despite the end of Covid controls
▼ + stars: | 2023-06-21 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

BEIJING – European businesses in China are finding it harder to operate in the country, even after it has re-opened from Covid, the EU Chamber of Commerce in China found in its latest member survey, released Wednesday. Mainland China ended its stringent Covid controls in December, and authorities pledged to support more business travel in and out of the country. "Zero-Covid has ended, but other headwinds will need to be addressed if China is to regain its attractiveness," the Chamber's report said. While the survey noted part of those were due to Covid controls, the outlook remains grim. There's "no expectation that the regulatory environment is really going to improve over the next five years," Jens Eskelund, president of the EU Chamber of Commerce in China, told reporters in a briefing.

Persons: Ole Kaällenius, Zhimin Qian, Li Qiang, Olaf Scholz, Covid, Jens Eskelund Organizations: State Power Investment Corporation, EU Chamber of Commerce Locations: People's Republic of China, BEIJING, China, Covid, Mainland China

☆ Blinken meets China's Xi as he attempts make sure competition 'does not veer into conflict'
▼ + stars: | 2023-06-19 | by ( Associated Press | Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

China and the US have pledged to strengthen their ties after Blinken's meeting with President Xi Jinping. The State Department said they had "made progress" but many key issues remain unresolved. However, the US State Department said that Blinken had "underscored the importance of responsibly managing the competition between the United States and the People's Republic of China." In a transcript of remarks shared by the State Department, Xi called the progress "very good." Blinken said, per the State Department, that the two countries "have an obligation and responsibility to manage our relationship," and said the US is "committed" to this.

Persons: Xi Jinping, —, Antony Blinken, Blinken, Xi, Joe Biden, Wang Yi, Qin Gang, Nancy Pelosi's Organizations: The State Department, Service, US State Department, State Department, Foreign Locations: China, Beijing, United States, People's Republic of China, Bali, Blinken, South China, Taiwan

☆ Blinken to fly to Beijing for high-stakes diplomacy after spy balloon saga
▼ + stars: | 2023-06-16 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

U.S. Secretary of State Antony Blinken boards his plane for travel to Berlin at Joint Base Andrews, Maryland, June 22, 2021. Andrew Harnik | Pool | ReutersBEIJING — U.S. Secretary of State Antony Blinken is set to travel to Beijing this weekend in his first trip to China under the Biden administration. watch now"And so I think that the administration's goals are, at this point unrealistic because of the way Beijing has framed its interest in its strategy." Its appearance had forced Blinken to indefinitely postpone his Beijing trip at the time. The U.S. recognizes Beijing as the sole government of China but maintains unofficial relations with Taiwan, a democratically self-governed island.

Persons: Antony Blinken, Andrew Harnik, Biden, Joe Biden, Xi Jinping, Scott Kennedy, Blinken, Matthew Miller, Drew Thompson, Lee, Thompson, they're, there's, TikTok, Kennedy, Jia Qingguo, Jia Organizations: Joint Base Andrews, Reuters, Reuters BEIJING —, U.S, Center for Strategic, International Studies, CNBC, U.S . Department of State, People's, U.S ., China's Ministry of Foreign Affairs, U.S . Defense Department, Lee Kuan Yew, of Public Policy, Congress, chipmaker Micron, Washington , D.C, Pacific Command, Peking University, Asia Vision Locations: Berlin, Joint Base Andrews , Maryland, Reuters BEIJING, Reuters BEIJING — U.S, Beijing, China, People's Republic of China, U.S, Singapore, Washington ,, Taiwan, South China, Taiwan Strait, Asia, Russian, Ukraine

☆ US will 'make every effort' to boost cooperation with China on fentanyl
▼ + stars: | 2023-06-14 | by ( Humeyra Pamuk | Thomson Reuters | Humeyra Pamuk Is A Senior Foreign Policy Correspondent Based In Washington Dc. She Covers The U.S. State Department | ) www.reuters.com time to read: +3 min

The United States has said the institute was complicit in human rights abuses toward Uyghurs and other Chinese ethnic minorities. But Robinson said blocking the flow of fentanyl and precursors to the United States and securing China's cooperation on the issue was a top priority. And it's an issue I think is very likely going to be raised directly with the Secretary's Chinese counterpart, PRC (People's Republic of China) counterpart. And depending on the response, I think everything is on the table in terms of getting some kind of global cooperation on this issue," Robinson said. Robinson said he did not find it "that unusual" that China would seek to extract concessions from Washington in exchange for help on fentanyl.

Persons: Biden, Antony Blinken, Todd Robinson, Robinson, Joe Biden, Qin Gang, Gang, Humeyra Pamuk, Michael Martina, Kristina Cooke, Don Durfee, Angus MacSwan Organizations: U.S, China's Ministry, Public Security's Institute of Forensic Science, Commerce, Bureau of International Narcotics, Law, Affairs, State Department, People's, U.S . Centers for Disease Control, Prevention, Qin, Reuters, Thomson Locations: China, United States, U.S, Beijing, People's Republic of China, Washington, San Francisco

☆ State Department amends comment on APEC invitation for Hong Kong's leader
▼ + stars: | 2023-06-13 | by ( Michael Martina | ) www.reuters.com time to read: +2 min

WASHINGTON, June 13 (Reuters) - The U.S. State Department amended part of a statement to Congress in which it said Washington would invite Hong Kong's chief executive, who faces U.S. sanctions, to a November summit, after lawmakers urged he be barred from entering the country. The Unites States is set to host this year's gathering in San Francisco of leaders of the Asia-Pacific Economic Cooperation (APEC) group, of which Hong Kong is a member economy. But Hong Kong's top official John Lee was placed under U.S. sanctions in 2020 over his role in implementing what Washington deems a "draconian" Hong Kong national security law. The Department regrets the error," a State Department spokesperson said. The Senate Foreign Relations Committee on Tuesday confirmed it had received the corrected response, which said the U.S. "has not made any commitments regarding invitations."

Persons: Hong, John Lee, Lee, Wendy Sherman, Marco Rubio, Jeff Merkley, Jim McGovern, Chris Smith, Mr, Michael Martina, Mark Heinrich Our Organizations: U.S . State Department, Economic Cooperation, Washington, Hong, Senate Foreign Relations, APEC, State Department, Foreign, Democratic, Republican, People's, China's, Thomson Locations: Washington, San Francisco, Asia, Hong Kong, U.S, People's Republic of China

"Our experts assess that our diplomatic efforts have slowed down this effort by the PRC," Blinken said, referring to the People's Republic of China. Blinken said the administration of former President Donald Trump knew of a 2019 Chinese upgrade of intelligence-collection facilities in Cuba but efforts to address this "weren't making enough progress". Incoming Biden administration officials were briefed on efforts by China to "expand their overseas logistics, basing, collection infrastructure, to allow them to project and sustain military power at a greater distance", including the upgrade in Cuba, Blinken said. I can’t get into every step that we’ve taken, but the strategy begins with diplomacy," Blinken said. Reporting by Simon Lewis and Humeyra Pamuk; Editing by Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Biden, Antony Blinken, Washington's, Blinken, Joe Biden, Donald Trump, Simon Lewis, Humeyra Pamuk, Alex Richardson Organizations: Wall, Incoming Biden, Thomson Locations: Beijing, Cuba, People's Republic of China . China, China

☆ China's Xi says willing to begin free trade talks with Honduras
▼ + stars: | 2023-06-12 | by ( ) www.reuters.com time to read: +3 min

[1/5] Honduran President Xiomara Castro and Chinese President Xi Jinping inspect Chinese honor guards during a welcome ceremony outside the Great Hall of the People in Beijing on June 12, 2023. Wang Zhao/Pool via REUTERSBEIJING, June 12 (Reuters) - China is willing to begin talks on a free trade agreement with Honduras "as soon as possible", Chinese President Xi Jinping said on Monday, during the first visit by the Central American country's president since forming diplomatic ties in March. Honduras' President Xiomara Castro is on a six-day official visit to China. Xi said China will unswervingly develop the friendly relations between the two nations and firmly support Honduras' economic and social development. "One-China principle is the primary premise and political foundation for the establishment of loyal diplomatic relations and the development of bilateral relations," Xi said.

Persons: Xiomara Castro, Xi Jinping, Wang Zhao, Xi, China's, Ella Cao, Liz Lee, Robert Birsel, Sharon Singleton Organizations: of, People, REUTERS, Central American, Central, Thomson Locations: Beijing, REUTERS BEIJING, China, Honduras, Taiwan, Honduran, Taipei, People's Republic of China, United States

☆ White House: US shared concerns with Cuba about hosting China spy base
▼ + stars: | 2023-06-12 | by ( Trevor Hunnicutt | ) www.reuters.com time to read: +1 min

WASHINGTON, June 12 (Reuters) - The United States has made its concerns known to the Cuban government about Cuba hosting Chinese spy operations on its territory, White House spokesperson John Kirby said on Monday. Kirby said the bilateral relationship with China was tense at the moment, but President Joe Biden was committed to keeping the lines of communication open. He told a White House briefing that he would not expect recent reports about a Chinese spy base in Cuba to affect a planned visit by Secretary of State Antony Blinken to China later this week. The Wall Street Journal last week quoted U.S. officials as saying a new Chinese spying effort was underway on Cuba. China on Monday denied it was using Cuba as a spying base.

Persons: John Kirby, Kirby, Joe Biden, Antony Blinken, nothing's, Blinken, Biden, Trevor Hunnicutt, Jeff Mason, Andrea Shalal, Jonathan Oatis Organizations: United, White, Thomson Locations: United States, Cuban, Cuba, China, People's Republic of China, Beijing

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