Janet Yellen sees ‘more work to do’ as China talks end with no breakthrough

Janet Yellen sees ‘more work to do’ as China talks end with no breakthrough

Four days of top-level economic meetings between the United States and China concluded in Beijing on Monday with no major breakthrough, but the world’s two largest economies agreed to hold more discussions to address rising friction over trade, investment and national security. The conversation is poised to become even more difficult, however, as hopes of … Read more

What US still needs to be wary of even as economic risks from internal factors recede

What US still needs to be wary of even as economic risks from internal factors recede

Just a quarter of business economists and analysts expect the United States to fall into recession this year. And any downturn would likely result from an external shock – such as a conflict involving China – rather than from domestic economic factors such as higher interest rates. But respondents to a National Association of Business … Read more

Xi Jinping elevates China’s ties with record number of nations to counter US

Xi Jinping elevates China’s ties with record number of nations to counter US

Chinese President Xi Jinping upgraded diplomatic ties with a record number of countries last year as he seeks to rally the Global South to help reshape the US-led world order. Beijing elevated the way it described ties with 17 countries and territories, most of them from the developing world, according to a Bloomberg analysis of … Read more

China an existential threat to US: Indian-American Republican presidential aspirant Nikki Haley

China an existential threat to US: Indian-American Republican presidential aspirant Nikki Haley

Describing China as an “existential threat” to the US and the world, Indian-American Republican presidential aspirant Nikki Haley has claimed Beijing is “preparing for war”. China has spent half a century plotting to defeat America and in some respects, the Chinese military is already at par with the US armed forces, Haley said in a … Read more

Why is China so angry about the Taiwan Vice President’s U.S. trip?

Why is China so angry about the Taiwan Vice President’s U.S. trip?

File picture of Taiwan’s Vice President William Lai in Manhattan, New York City, U.S., on August 12, 2023 | Photo Credit: Reuters China launched military drills around Taiwan on Saturday, the day after Taiwan Vice President William Lai returned to Taipei after making two stopovers in the United States as part of a trip to … Read more

Yellen criticizes Chinese treatment of U.S. companies during visit to revive relations

Yellen criticizes Chinese treatment of U.S. companies during visit to revive relations

U.S. Treasury Secretary Janet Yellen meets with representatives of the U.S. business community in China in Beijing, on July 7, 2023 | Photo Credit: Reuters U.S. Treasury Secretary Janet Yellen criticized Chinese treatment of U.S. companies and new export controls on metals used in semiconductors during a visit on July 7 to Beijing to try … Read more

Blinken reschedules postponed Beijing visit for June 18

Blinken reschedules postponed Beijing visit for June 18

U.S. Secretary of State Antony Blinken will travel to China next week, rescheduling a visit that was cancelled in February | file photo | Photo Credit: AFP U.S. Secretary of State Antony Blinken will travel to China next week, rescheduling a visit that was cancelled in February after a saga over a suspected surveillance balloon, … Read more

Morning Digest | Recep Tayyip Erdogan wins historic Turkey runoff vote; IPL 2023 final moved to reserved day due to persistent rains, and more 

Morning Digest | Recep Tayyip Erdogan wins historic Turkey runoff vote; IPL 2023 final moved to reserved day due to persistent rains, and more 

Turkish President Recep Tayyip Erdogan addresses supporters gathered outside his residence following his victory in Turkish Presidential election at Kisikli district in Istanbul. | Photo Credit: AFP Recep Tayyip Erdogan wins historic Turkey runoff vote The head of Turkey’s election commission on May 28 declared President Recep Tayyip Erdogan the winner of a historic runoff vote that will extend … Read more

U.S. Navy says guided-missile destroyer conducted navigational rights mission in South China Sea

U.S. Navy says guided-missile destroyer conducted navigational rights mission in South China Sea

The United States Navy on April 10, 2023, said its USS guided-missile destroyer Milius conducted a navigational rights mission in the South China Sea. Image for representational purpose only. | Photo Credit: Reuters The United States Navy said its USS guided-missile destroyer Milius asserted a navigational rights and freedoms mission in the South China Sea … Read more

Chinese minister warns China, US on course for conflict

Chinese minister warns China, US on course for conflict

BEIJING: Chinese Foreign Minister Qin Gang warned Tuesday that Beijing and Washington are headed for “conflict and confrontation” if the U.S. doesn’t change course, striking a combative tone at a moment when relations between the rivals are at a historic low. In his first news conference since taking office late last year, Qin’s harsh language … Read more