
China tells EU it can't accept Russia losing its war against Ukraine, official says
The admission came during what the official said was a four-hour meeting with EU foreign affairs chief Kaja Kallas on Wednesday in Brussels that 'featured tough but respectful exchanges, covering a broad range of issues from cyber security, rare earths to trade imbalances, Taiwan and Middle East.'
The official said Wang's private remarks suggested Beijing might prefer a protracted war in Ukraine that keeps the United States from focusing on its rivalry with China. They echo concerns of critics of China's policy that Beijing has geopolitically much more at stake in the Ukrainian conflict than its admitted position of neutrality.
On Friday, at a regular Chinese Ministry of Foreign Affairs briefing, spokeswoman Mao Ning was asked about the exchange, which was first reported in the South China Morning Post, and re-affirmed Beijing's long-standing position on the three-year war.
'China is not a party to the Ukraine issue,' Mao said. 'China's position on the Ukraine crisis is objective and consistent, that is, negotiation, ceasefire and peace. A prolonged Ukraine crisis serves no one's interests.'
She added that China wanted a political settlement as quickly as possible: 'Together with the international community and in light of the will of the parties concerned, we will continue playing a constructive role towards this end.'
China's public statements on the Ukraine war mask a more complex picture.
Just weeks before Russia launched its full-scale invasion of Ukraine, Chinese leader Xi Jinping declared a 'no limits' partnership with Moscow and since then political and economic ties have strengthened.
China has put itself forward as a possible peacemaker, but as CNN has previously reported the stakes are high for Beijing, not least potentially losing a major partner in Russia.
China has also rejected growing accusations it is providing near-military support to Russia. Ukraine has sanctioned several Chinese companies for providing Russia drone components and technology for use in missile production.
After a record assault on the Ukrainian capital Kyiv on Friday, Ukraine's Foreign Minister, Andrii Sybiha, posted pictures he said were the fragments of a Geran 2 combat drone launched by Russia. One image displayed part of the drone's alleged fuselage which said the device was made in China on June 20.
Sybiha added that night the 'Chinese Consulate General's building in Odesa suffered minor damage as a result of Russian strikes on the city. There is no better metaphor for how Putin continues to escalate his war and terror while involving others, including North Korean troops, Iranian weapons, and some Chinese manufacturers. Security in Europe, the Middle East, and the Indo-Pacific is inextricably linked.'
This year also saw allegations that Chinese nationals have been fighting with Russia in Ukraine. Beijing denied any involvement and repeated previous calls for Chinese citizens to 'refrain from participating in military actions of any party.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
22 minutes ago
- Yahoo
Deere (DE) Upgraded by Oppenheimer as Robotics Expansion Strengthens Growth Outlook
Deere & Company (NYSE:DE) ranks among the . Following the company's fiscal third-quarter results, Oppenheimer maintained its Outperform rating on Deere & Company (NYSE:DE) and increased its price target from $560 to $566 on August 15. The change follows a 6.8% stock selloff sparked by Deere's quarterly report, which Oppenheimer described as offering investors an alluring entry position as positive signals appear in the markets of Europe and Latin America. Although the end-of-period results were characterized as 'anticipated and better-than-feared,' Oppenheimer pointed out that pessimistic comments to the report were centered on poor end-of-period results, unanticipated negative pricing in Large Agriculture, and increasing tariff expenses. With projections of modest increase led by North American harvest results, clarity on biofuels policy, and performance in used equipment merchandising, the firm maintained expectations at the higher range of the 2026 consensus. Deere & Company (NYSE:DE) is an American company that manufactures agricultural, heavy, and forestry machinery, diesel engines, heavy equipment drivetrains, and lawn care equipment. The company also provides financial services and engages in other business operations. With its AI-powered autonomous tractors, harvesters, sprayers, and other machinery, the company has began venturing into agricultural robotics. One notable instance is the company's See and Spray robots, which are used to spray herbicides and fertilizers. While we acknowledge the potential of DE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DE and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22 minutes ago
- Yahoo
Boeing (BA) Stock Is Up, What You Need To Know
What Happened? Shares of aerospace and defense company Boeing (NYSE:BA) jumped 3.8% in the pre-market session after the company is reportedly in talks to sell as many as 500 jets to China, its first potential major order from the country in years. According to a Bloomberg report, the potential order would be China's first major purchase of Boeing jets in years and could be a key element in trade negotiations between Washington and Beijing. While the two sides are still finalizing details like specific models and delivery schedules, the prospect of such a large-scale deal signals a potential restoration of Boeing's position in the crucial Chinese market after a lengthy sales drought. The news boosted investor confidence, as a contract of this magnitude would significantly impact the planemaker's future revenue. After the initial pop the shares cooled down to $225.50, up 0% from previous close. Is now the time to buy Boeing? Access our full analysis report here, it's free. What Is The Market Telling Us Boeing's shares are not very volatile and have only had 8 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. The previous big move we wrote about was 2 days ago when the stock dropped 3.6% on the news that investors took some profits off the table as markets awaited signals on future monetary policy from the Federal Reserve's Jackson Hole symposium later in the week. The downturn in the market was largely attributed to a significant sell-off in megacap tech and chipmaker shares. Nvidia, Advanced Micro Devices (AMD), and Broadcom all saw notable drops, dragging down the VanEck Semiconductor ETF. Other major tech-related companies like Tesla, Meta Platforms, and Netflix were also under pressure. A key reason for this trend is that much of the recent market gains have been concentrated in the "AI trade," which includes these large technology and semiconductor companies. So this could also mean that some investors are locking in some gains ahead of more definitive feedback from the Fed. Boeing is up 31.2% since the beginning of the year, and at $225.50 per share, it is trading close to its 52-week high of $236.41 from July 2025. Investors who bought $1,000 worth of Boeing's shares 5 years ago would now be looking at an investment worth $1,346. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22 minutes ago
- Yahoo
Vaisala Corporation: Share Repurchase 21.8.2025
VAISALA CORPORATION STOCK EXCHANGE RELEASE 21.8.2025 Vaisala Corporation: Share Repurchase 21.8.2025 In the Helsinki Stock Exchange Trade date 21.8.2025 Bourse trade Buy Share VAIAS Amount 600 Shares Average price/ share 46,9667 EUR Total cost 28 180,02 EUR Vaisala Corporation now holds a total of 141 984 shares including the shares repurchased on 21.8.2025 The share buybacks are executed in compliance with Regulation No. 596/2014 of the European Parliament and Council (MAR) Article 5 and the Commission Delegated Regulation (EU) 2016/1052. On behalf of Vaisala Corporation Nordea Bank Oyj Sami Huttunen Ilari Isomäki More information:Niina Ala-Luopa+358 400 728 957, ir@ Distribution:Nasdaq HelsinkiKey Vaisala is a global leader in measurement instruments and intelligence for climate action. We equip our customers with devices and data to improve resource efficiency, drive energy transition, and care for the safety and well-being of people and societies worldwide. With almost 90 years of innovation and expertise, we employ a team of close to 2,500 experts committed to taking every measure for the planet. Vaisala series A shares are listed on the Nasdaq Helsinki stock exchange. Vaisala 21.8 trades