WASHINGTON: When noting that China and the US agreed to work together for the meeting between the two heads of state in San Francisco, Chinese foreign minister Wang Yi said on Saturday that “the path to San Francisco” will not be an easy one, and there is “no self-driving to it.” Therefore, both sides need to earnestly “return to Bali …
BEIJING: The Chinese renminbi (RMB) is making steady progress in becoming a more widely used currency in the global economy, according to a report released by People’s Bank of China (PBOC). One of the most notable trends highlighted in the 2023 report on Chinese RMB internationalization is the increased use of the currency in trade and investment. In 2022, banks …
WASHINGTON: China’s top diplomat and Foreign Minister Wang Yi met with US President Joe Biden in the White House on Friday with an objective to communicate with the US and effectively implement the important consensus reached at the meeting between the two heads of state in Bali last year. Wang also told Biden he looks forward to San Francisco, in …
Chinese President Xi Jinping stressed that China’s policy toward the US is consistent, which is mutual respect, peaceful coexistence and win-win cooperation, noting China will continue to work in this direction and hopes that the US will work with China in the same direction, when meeting with California Governor Gavin Newsom on Wednesday. Experts said that such a high-level reception …
Chinese officials on Wednesday vowed to swiftly carry out a plan to issue an additional 1 trillion yuan ($137 billion) in special treasury bonds in the fourth quarter, which marks only a few times in history that China has issued special treasury bonds, maintaining that such a move will help further consolidate the positive recovery trend of the Chinese economy, …
BEIJING: Draft bills and revised laws, including China’s first regulations on the protection of minors in cyberspace, were passed by Chinese lawmakers as the sixth session of the Standing Committee of the 14th National People’s Congress (NPC). The Chinese lawmakers also voted to adopt the Patriotic Education Law and a revised Marine Environment Protection Law, both of which will take …
BEIJING: Chinese President Xi Jinping stressed that China’s policy toward the US is consistent, which is mutual respect, peaceful coexistence and win-win cooperation, noting China will continue to work in this direction and hopes that the US will work with China in the same direction, when meeting with California Governor Gavin Newsom on Wednesday in Beijing. Experts said that such …
ISLAMABAD: Chinese Foreign Minister Wang Yi is scheduled to visit the US later this week as the interaction between China and the US is currently showing signs of a comprehensive recovery with increasing engagement to enhance understanding and improve the atmosphere. Chinese observers believe the visit will pave the way for a possible meeting between the head of the two …
DUBAI: Iran’s Supreme Leader Ayatollah Ali Khamenei has described Israel’s assault on Gaza as a genocide of Palestinians and said it must stop immediately, state TV reported on Tuesday. A senior commander of Iran’s Revolutionary Guards (IRGC) also warned of further action by Tehran-backed militant groups against Israel if it did not cease its attacks. Israel has bombarded the Palestinian …
ISLAMABAD: A day after receiving an order from the Islamabad High Court (IHC), authorities made the decision to transfer Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan from Attock prison to Rawalpindi’s Adiala jail. The move was not without its share of high drama, marking another significant development in the ongoing legal proceedings involving Khan. A day earlier, IHC CJ Aamer Farooq expressed …