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Iran oil embargo threatening world economy: Hong Kong paper

BEIJING (Web Desk) Washington is causing a problem for different Asian countries, including China, and even other economies around the world, the South China Morning Post wrote.Many oil companies, especially in Asia and China, have announced they will continue to buy Iran’s oil regardless of US sanctions, but the sanctions …

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World should act in harmony to counter terrorism: Chinese prof

BEIJING (Web Desk) Terrorism, backed by some Western powers, is after creating insecurity throughout the world; what can stop this ominous phenomenon is global support,’ said Wu Bingbing.Referring to Western procrastination in global campaign against terrorism, he said, ‘There should be no obstacle on the way of fighting terrorism.’He also …

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Japan FM’s advisor: Iran plays role in Middle East peace

BEIJING (Web Desk) Akitaka Saiki on Saturday in a meeting with Morteza Rahmani Movahed, Ambassador of the Islamic Republic of Iran to Japan, referred to the history of Iran and Japan’s several hundred years of relationship, and emphasized that the emperor of Japan and its people are familiar with the …

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Iran attends 3rd Silk Road Expo in China

BEIJING (Web Desk) The two-day Silk Road Expo opened in the northwestern Chinese city of Dunhuang.The today Silk Road Expo is to discuss ways to further cooperation among the world countries, promote cultural and tourism exchanges, hold more festivals and conferences, share experiences and protect win-win interests.The Dunhuang festival which …

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China says plots to disrupt ties with Pakistan will fail

BEIJING (Web Desk) Any plots to sow discord in China’s ties with Pakistan will not prevail, the Chinese government’s top diplomat said on Tuesday, as Beijing fends off criticism of its economic projects in Pakistan and a clampdown in China’s western Xinjiang region.China has pledged $57 billion to build power …

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China postpones military talks with US over sanctions

BEIJING (Web Desk) China has postponed joint military talks with the United States in protest against Washington’s move to impose sanctions on the Chinese military for buying Russian fighter jets and surface-to-air missile systems.The Defense Ministry said in a statement on Saturday that it had recalled Navy Chief Commander Shen …

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China slams ‘unilateralism’ in jab at US

BEIJING: (Web Desk) China’s Premier Li Keqiang has slammed “unilateralism,” as a trade war between his country and the United States escalates. “It is essential that we uphold the basic principles of multilateralism and free trade,” Li said in a speech at the summer session of the World Economic Forum …

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US may make trade deal with China: Trump

WASHINGTON: (Web Desk) Just one day after imposing new tariffs on nearly $200 billion worth of Chinese imports, President Donald Trump has suggested that the United States may enter a deal with China to end the trade war between Washington and Beijing. “We’re having a tremendous impact on China. We’re …

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Trade war heats up as China imposes tit-for-tat tariffs on US imports

BEIJING/WASHINGTON: (Web Desk) The US-China trade war escalated further on Tuesday, with China announcing retaliatory tax increases on $60 billion worth of US imports, including coffee, honey and industrial chemicals. The increases are in response to the US announcing it will impose tariffs on $200 billion worth of Chinese-made goods …

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