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Tag Archives: China

Pakistan Now Enjoys Duty-Free Status from China

Pakistan gets duty relief from China like ASEAN states

KARACHI – Pakistan now has a level playing field with the member states of the Association of Southeast Asian Nations (ASEAN) for its exports to China, which has removed duties on more Pakistani products under the second phase of the Free Trade Agreement between Pakistan and China (FTA), said the …

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US and China Want to Sign Trade Deal By End of May

China

BEIJING – The United States and China are considering two rounds of face-to-face meetings to try to reach a trade deal with negotiators looking for a signing ceremony in late May or early June, Novinite.com said quoting the US state officials. According to people who have requested anonymity to discuss …

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China Welcomes Malaysian Prime Minister Mahathir at 2nd Belt and Road Forum

China

BEIJING – China welcomes the participation of Malaysian Prime Minister Mahathir Mohamad in the Second International Belt and Roads Cooperation Forum to be held in Beijing in late April, Xinhua news reported Wednesday. Chinese State Councilor and Foreign Minister Wang Yi made the remarks Tuesday during a meeting with the …

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China Agrees to Address Key EU Concerns in Snub to Trump

China

BEIJING – The EU and China agreed on Tuesday on a joint statement addressing key European concerns at a summit in Brussels, Euobserver said Wednesday. The EU and Chinese negotiators overcame deep divisions in an effort to show unity in protecting a rule-based multilateral trade system, as Beijing is entangled …

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China to Develop World’s Largest LNG Carrier to Meet Its Surging Demand

China

BEIJING – The ultra-large LNG carrier will increase terminal capacity by 50% without expanding the facility itself, LNG world Shipping reported Friday. Against a backdrop of surging LNG imports in China, Hudong-Zhonghua Shipyard and class society DNV GL have inked an agreement for a joint development project (JDP) for a …

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Pakistan to Ask China for $ 1 Billion Worth of Export Orders: Razak

Pakistan

ISLAMABAD – Pakistan and China are signing the Free Trade Agreement (FTA) -II when Prime Minister Imran Khan will visit Beijing on April 27 for three days, during the visit he will also participate in the second OBOR forum (One Belt One Road). The much-anticipated FTA-II, once signed, will help …

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China Bans All Types of Fentanyl, Fulfilling Pledge to Trump

China

BEIJING – China announced on Monday that it would treat all variants of the powerful opioid fentanyl as controlled substances, making good on a pledge the country’s leader, President Xi Jinping, made to President Trump late last year, New York Times reported Monday. China’s export of the drug, a family …

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US and China Resume Trade Talks in Beijing After “Productive Working Dinner”

US

WASHINGTON – US Treasury Secretary Steven Mnuchin said on Friday that he had organized a “productive working dinner” the night before in Beijing, to begin a day of talks to resolve the bitter trade dispute between the two largest economies of the world, CNBC reported Friday. Mnuchin and US Trade …

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China to Prosecute Former Interpol Chief for Graft

China

BEIJING – China will prosecute former Interpol chief Meng Hongwei for graft after an investigation found he was suspected of taking bribes and breaking discipline rules, the ruling Communist Party’s anti-corruption watchdog said, Reuters reported Wednesday. Meng has also been expelled from the party, it added. Last year, Interpol, the …

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China Firmly Opposes U.S. Interference Using Xinjiang-Related Issues

China

BEIJING – The Chinese Foreign Ministry on Monday refuted claims of US repression in the Xinjiang Uighur Autonomous Region, the Chinese media said quoting the Chinese Ministry. Spokesman Geng Shuang called the criticism of an unfounded defamation at a regular press conference. “In recent months, to increase the understanding of …

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