Latest news with #BeijingNewsroom
The Star
24-05-2025
- Politics
- The Star
China urges Philippines to stop provocation in South China Sea or face resolute response
BEIJING/MANILA (Reuters): China's foreign ministry has urged the Philippines to immediately stop "infringement and provocation" in the South China Sea or face China's "resolute response." The remarks came a day after Beijing and Manila traded accusations following a confrontation between two of their vessels in contested waters of the South China Sea. It was legitimate for China to take necessary measures, Chinese foreign ministry spokesperson Mao Ning told a daily press conference on Friday, defending the Chinese coast guard's response to the Philippine ships. The China Coast Guard on Thursday said it took "control measures" against Philippine ships and confirmed a collision occurred between the two sides' vessels. The US ambassador to Manila, MaryKay Carlson, described China's actions as aggressive and, in a post on X on Thursday, said they "recklessly endangered lives and threaten regional stability." When asked about Carlson's comment, Mao told reporters: "We advise the U.S. side not to use the Philippines to stir up trouble in the South China Sea, and not to undermine peace and stability in the region." Coast guard vessels from the Philippines and the U.S. took part for the first time in joint maritime exercises with naval and air force units in the contested South China Sea earlier this week. China has accused the US of sowing discord in the region. China claims almost the entire South China Sea, despite overlapping claims by Brunei, Indonesia, Malaysia, the Philippines and Vietnam. A 2016 ruling of an international arbitral tribunal said Beijing's claims, based on its historic maps, have no basis under international law, a decision China does not recognise. (Reporting by Liz Lee and Beijing Newsroom; Editing by Aidan Lewis) - Reuters
Zawya
18-04-2025
- Business
- Zawya
China's Kuaishou rolls out measures to help exporters expand domestic market
Kuaishou Technology on Friday announced measures to help exporters in China expand their domestic markets, becoming the latest such firm to do so amid an escalating U.S.-China trade war. Measures include providing internet traffic and subsidies for qualified export products, the company said in a statement. Kuaishou, a major Chinese short video platform, is often seen as a rival to Douyin, TikTok's sister app in China. (Reporting by Beijing Newsroom; Editing by Alison Williams)
Zawya
18-04-2025
- Business
- Zawya
Foreign direct investment in China falls 10.8% in January-March
Foreign direct investment in China totalled 269.2 billion yuan ($36.86 billion) from January to March, down 10.8% from the same period last year, the commerce ministry said on Friday. But FDI in March grew 13.2% year-on-year, the data showed. ($1 = 7.3033 Chinese yuan renminbi) (Reporting by Beijing Newsroom; Editing by Andrew Cawthorne)
Arab News
18-04-2025
- Politics
- Arab News
Chinese foreign minister calls on Global South to safeguard multilateral trade
BEIJING, April 18 : Chinese Foreign Minister Wang Yi called on Global South countries to safeguard multilateral trading systems, warning that power politics and 'unilateral bullying' are creating divisions, in a statement his ministry released on a written speech to a roundtable meeting in Beijing on Thursday and referred to in the statement, Wang said the world is again at a critical crossroads, urging countries to oppose 'unilateral protectionism' and build an open world economy. (Reporting by Beijing Newsroom; Editing by Tom Hogue)
