logo
Xi, Trump to have phone call this week: White House

Xi, Trump to have phone call this week: White House

RTHK2 days ago

Xi, Trump to have phone call this week: White House
The Foreign Ministry says Beijing has "no information to provide" on White House claims that the leaders of China and the US would talk this week. File photo: RTHK
President Xi Jinping and his US counterpart Donald Trump will likely hold a long-awaited call later this week, the White House said on Monday, as trade tensions between the world's two biggest economies ratchet back up.
Asked about the matter on Tuesday, a spokesman for the Foreign Ministry said Beijing had "no information to provide."
Trump re-ignited strains with China last week when he accused the world's second-biggest economy of violating a deal that had led both countries to temporarily reduce huge tit-for-tat tariffs.
The Commerce Ministry hit back, saying Washington had seriously undermined the consensus reached during the China-US economic and trade talks in Geneva earlier.
"The two leaders will likely talk this week," White House press secretary Karoline Leavitt told reporters outside the West Wing when asked whether Trump and Xi would speak.
The presidents of China and the US have yet to have any confirmed contact more than five months since the Republican returned to power, despite frequent claims by the US president that a call is imminent.
Trump even said in a Time Magazine interview in April that Xi had called him, but Beijing insisted that there had been no call recently.
The US leader introduced in April sweeping worldwide tariffs that targeted China most heavily of all, accusing other countries of "ripping off" the United States and running trade imbalances.
China has denounced the tariffs, calling them protectionist, and made it clear no one wins in a trade or tariff war. (AFP)

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Next-generation battery expert Zhou Jianbin leaves US for China as nations seek tech edge
Next-generation battery expert Zhou Jianbin leaves US for China as nations seek tech edge

South China Morning Post

time42 minutes ago

  • South China Morning Post

Next-generation battery expert Zhou Jianbin leaves US for China as nations seek tech edge

In a move that indicates a potential shift in the global race for solid-state battery innovation and talent, a leading battery scientist with extensive academic and industry experience in the US has returned to a Chinese university to further his work on next-generation technologies. Advertisement Zhou Jianbin earned his PhD at the University of Science and Technology of China (USTC) in 2017 before working as a researcher at USTC and then in the United States at Pacific Northwest National Laboratory and the University of California, San Diego. He spent 16 months at Sonocharge Energy, a battery start-up in the US private sector, before returning to China in March as a special professor at USTC. 01:44 China's largest EV battery maker CATL celebrates strong debut at Hong Kong stock market China's largest EV battery maker CATL celebrates strong debut at Hong Kong stock market During his postdoctoral studies in 2017, Zhou was one of only 300 recipients nationwide of China's Postdoctoral Innovative Talent Support Programme, which recognised promising early-career scientists. Zhou's research focuses on the design and development of electrode materials and electrolytes for high-performance solid-state metal batteries, as well as exploring the application of novel electrochemical materials in fields such as catalysis and biomedicine. His notable achievements include work on lithium-sulphur and sodium-ion battery materials and the development of high-capacity energy storage devices. Advertisement Zhou has an extensive publication record in top-tier international academic journals, with more than 20 papers published in publications such as Nature, Nature Communications, Science Advances, Joule, Chem, Advanced Materials, Advanced Energy Materials and Advanced Functional Materials.

Trump orders investigation into Biden's health when president, use of autopen
Trump orders investigation into Biden's health when president, use of autopen

South China Morning Post

time42 minutes ago

  • South China Morning Post

Trump orders investigation into Biden's health when president, use of autopen

US President Donald Trump directed his White House counsel on Wednesday to investigate whether former president Joe Biden's aides covered up alleged mental decline and unlawfully used an autopen on Biden's behalf to sign policy documents. Advertisement Biden, who is fighting cancer, said he was responsible for the decisions made during his administration and suggested Trump's move was designed to distract Americans from a bill in Congress that would extend tax cuts for the wealthy. Republican Trump has long asserted that Biden, a Democrat who defeated him in the 2020 presidential election, was mentally incompetent and has suggested the use of a mechanical pen to sign memos, executive orders and grants of clemency during Biden's four-year-term may have been improper, potentially rendering them invalid. In a statement late on Wednesday, Biden dismissed those suggestions. US President Donald Trump signing documents. File photo: Reuters 'Let me be clear: I made the decisions during my presidency. I made the decisions about the pardons, executive orders, legislation, and proclamations. Any suggestion that I didn't is ridiculous and false,' he said in a statement. Advertisement Biden's team said the use of an autopen is a well-established legal practice following a presidential decision.

What's the future of Hong Kong stablecoins? A cross-border payment tool, insiders say
What's the future of Hong Kong stablecoins? A cross-border payment tool, insiders say

South China Morning Post

timean hour ago

  • South China Morning Post

What's the future of Hong Kong stablecoins? A cross-border payment tool, insiders say

Stablecoins are poised to become a major cross-border payment tool that would benefit issuers in Hong Kong and mainland Chinese firms expanding overseas, according to industry insiders, as the city and the US push forward regulation of the popular tokens. A stablecoin is a type of cryptocurrency that maintains a fixed value by being pegged to a reference asset, typically fiat currencies such as the US dollar. 'I believe stablecoins will become the next-generation payment system – that is beyond doubt,' Teddy Liu, chief executive of Jingdong Coinlink Technology , a subsidiary of Chinese e-commerce giant , said at an event in Hong Kong on Wednesday. Jingdong Coinlink has emerged as one of the biggest players in Hong Kong's nascent stablecoin space, after the city passed a law last month that establishes a regulatory regime for these tokens. The company, a participant in the city's regulatory sandbox trial, is preparing to launch stablecoins pegged to both the Hong Kong dollar and the US dollar. Depending on Beijing's approval, the firm may also issue offshore yuan-pegged stablecoins in the future, according to Liu. He pointed out that Jingdong Coinlink's goal was to address cross-border settlement problems that businesses face in global trade. 'For cross-border trade, especially among small to medium-sized enterprises, international payments are cumbersome,' Liu said. 'There are problems such as a lack of dedicated services, high costs, low efficiency and lack of transparency.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store