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Top Chinese official tells the US commerce secretary he's ready to improve cooperation
Top Chinese official tells the US commerce secretary he's ready to improve cooperation
The top Chinese official in charge of economic relations with Washington has told Commerce Secretary Gina Raimondo he's ready to “make new positive efforts” to improve cooperation following an agreement to reduce trade tension
2023-08-29 16:58
US Treasury cuts Oct-Dec borrowing estimate to $776 billion, yields ease
US Treasury cuts Oct-Dec borrowing estimate to $776 billion, yields ease
By Karen Brettell and David Lawder (Reuters) -The U.S. Treasury Department said on Monday it expects to borrow $776 billion
2023-10-31 05:09
Putin begins visit in China underscoring ties amid Ukraine war and Israeli-Palestinian conflict
Putin begins visit in China underscoring ties amid Ukraine war and Israeli-Palestinian conflict
Russian President Vladimir Putin arrived in Beijing on Tuesday for a visit that underscores China’s support for Moscow during its war in Ukraine as well as Russian backing for China's bid to expand its economic and diplomatic influence abroad. The two countries have forged an informal alliance against the United States and other democratic nations that is now complicated by the Israel-Hamas war. China has sought to balance its ties with Israel against its relations with Iran and Syria, two countries that are strongly backed by Russia and with which China has forged ties for economic reasons as well as to challenge Washington's influence in the Middle East. Putin's plane was met by an honor guard as the Russian leader began his visit that is also a show of support for Chinese leader Xi Jinping’s signature “Belt and Road” initiative to build infrastructure and expand China’s overseas influence. In an interview to Chinese state media, Putin praised the massive but loosely linked BRI projects. “Yes, we see that some people consider it an attempt by the People’s Republic of China to put someone under its thumb, but we see otherwise, we just see desire for cooperation,” he told state broadcaster CCTV, according to a transcript released by the Kremlin on Monday. Putin will be among the highest profile guests at a gathering marking the 10th anniversary of Xi’s announcement of the BRI project, which has laden countries such as Zambia and Sri Lanka with heavy debt from contracts with Chinese companies to build roads, airports and other public works they could not otherwise afford. U.N. Secretary-General António Guterres has praised the Chinese policy as bringing development to neglected areas. Asked by reporters Friday about his visit, Putin said it would encompass talks on Belt and Road-related projects, which he said Moscow wants to link with efforts by an economic alliance of former Soviet Union nations mostly located in Central Asia to “achieve common development goals.” He also downplayed the impact of China’s economic influence in a region that Russia has long considered its backyard and where it has worked to maintain political and military clout. “We don’t have any contradictions here, on the contrary, there is a certain synergy,” Putin said. Putin said he and Xi would also discuss growing economic ties between Moscow and Beijing in energy, high-tech and financial industries. China has also grown in importance as an export destination for Russia. Alexander Gabuev, director of the Carnegie Russia Eurasia Center, said that from China’s view, “Russia is a safe neighbor that is friendly, that is a source of cheap raw materials, that’s a support for Chinese initiatives on the global stage and that’s also a source of military technologies, some of those that China doesn’t have.” “For Russia, China is its lifeline, economic lifeline in its brutal repression against Ukraine,” Gabuev told The Associated Press. “It’s the major market for Russian commodities, it’s a country that provides its currency and payment system to settle Russia’s trade with the outside world — with China itself, but also with many other countries, and is also the major source of sophisticated technological imports, including dual-use goods that go into the Russian military machine.” Gabuev said that while Moscow and Beijing will be unlikely to forge a full-fledged military alliance, their defense cooperation will grow. “Both countries are self-sufficient in terms of security and they benefit from partnering, but neither really requires a security guarantee from the other. And they preach strategic autonomy,” he said. “There will be no military alliance, but there will be closer military cooperation, more interoperability, more cooperation on projecting force together, including in places like the Arctic and more joint effort to develop a missile defense that makes the U.S. nuclear planning and planning of the U.S. and its allies in Asia and in Europe more complicated,” he added. The Chinese and Soviets were Cold War rivals for influence among left-leaning states, but China and Russia have since partnered in the economic, military and diplomatic spheres. Just weeks before Russia’s invasion of Ukraine last February, Putin met with Xi in Beijing and the sides signed an agreement pledging a “no-limits” relationship. Beijing’s attempts to present itself as a neutral peace broker in Russia’s war on Ukraine have been widely dismissed by the international community. Xi visited Moscow in March as part of a flurry of exchanges between the countries. China has condemned international sanctions imposed on Russia, but hasn’t directly addressed an arrest warrant issued for Putin by the International Criminal Court on charges of alleged involvement in the abductions of thousands of children from Ukraine. ___ Associated Press writer Jim Heintz in Tallinn, Estonia, contributed to this report.
2023-10-17 13:11
OW2 Voice Chat Not Working: How to Fix
OW2 Voice Chat Not Working: How to Fix
Voice communication is critical to success in Overwatch 2. Here's how to fix it if it's not working properly.
1970-01-01 08:00
Capuozzo return adds wizardry for Italy at 'magical' World Cup
Capuozzo return adds wizardry for Italy at 'magical' World Cup
Ange Capuozzo lifted Italian World Cup hopes when he signalled he is fit again in typically scintillating style with two tries in...
2023-08-25 23:47
A 9-year-old migrant died after having seizures during scorching trek in Arizona
A 9-year-old migrant died after having seizures during scorching trek in Arizona
A 9-year-old migrant died from medical complications which included seizures after crossing into the US near Mesa, Arizona, in the midst of sweltering summer heat, Border Patrol officials said.
2023-07-03 01:36
Enterprise reports lower Q2 earnings as margins tighten
Enterprise reports lower Q2 earnings as margins tighten
By Stephanie Kelly NEW YORK U.S. energy infrastructure group Enterprise Products Partners LP reported lower earnings for the
2023-08-01 18:49
Madden 23 Week 3 Roster Update: 5 Predictions
Madden 23 Week 3 Roster Update: 5 Predictions
Madden 23 Week 3 Roster Update: 5 Predictions
1970-01-01 08:00
'Hunger Games' still tops in N.America after 'Napoleon' invades
'Hunger Games' still tops in N.America after 'Napoleon' invades
The "Hunger Games" prequel stayed atop the North American box office over the long US Thanksgiving weekend, fending off an invasion by new Ridley Scott film "Napoleon,"...
2023-11-27 02:44
Bickle Insurance Appoints Melissa Kahl as Partnerships Director
Bickle Insurance Appoints Melissa Kahl as Partnerships Director
ATHENS, Ohio--(BUSINESS WIRE)--May 25, 2023--
2023-05-25 23:19
The St. Louis Blues are counting on motivated players to help them return to the playoffs
The St. Louis Blues are counting on motivated players to help them return to the playoffs
The St. Louis Blues are hoping to contend for the playoffs this season after their postseason streak ended last spring
2023-10-03 18:10
Meta is developing a new, more powerful AI system -WSJ
Meta is developing a new, more powerful AI system -WSJ
Meta Platforms is working on a new artificial-intelligence system intended to be as powerful as the most advanced
2023-09-11 05:13