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Time of India
12-08-2025
- Business
- Time of India
Xi Blasts 'U.S Protectionism' As Trump Blinks On China Tariffs; Revealing 60-Min Call With Lula
Brazilian President Lula da Silva held a high-stakes call with Chinese President Xi Jinping amid rising trade tensions with the U.S. The hour-long discussion focused on strengthening Brazil–China ties, resisting U.S. protectionism, and coordinating BRICS positions. Xi expressed full support for Brazil's sovereignty, while Lula emphasized solidarity within the Global South. The leaders also discussed the Ukraine war, climate cooperation ahead of COP30, and tech partnerships. This comes just days after the U.S. President Donald Trump imposed harsh tariffs on Brazilian goods, while easing restrictions on China.#Lula #XiJinping #ChinaBrazil #BRICS #GlobalSouth #TradeWar #Geopolitics #COP30 #USChina #BrazilNews #ChinaNews #Tariffs #BilateralTies #XiLula Read More
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Business Standard
19-06-2025
- Business
- Business Standard
New Zealand halts millions of funds to Cook Islands over its China ties
Relations between other Pacific islands and their larger regional backers Australia and New Zealand have stumbled over ties with China in recent years as Beijing has vied to increase its Pacific sway New Zealand has halted millions of dollars in funding to the Cook Islands over the breadth and content of agreements the smaller Pacific nation made with China, officials from the New Zealand Foreign Minister's office said on Thursday. New Zealand, which is the smaller Pacific nation's biggest funder, won't consider any new money for the Cook Islands until the relationship improves, a spokesperson for Foreign Minister Winston Peters told The Associated Press. Cook Islands Prime Minister Mark Brown didn't immediately respond to a request for comment. Relations between other Pacific islands and their larger regional backers Australia and New Zealand have stumbled over ties with China in recent years as Beijing has vied to increase its Pacific sway. But the latest move by New Zealand's government was striking because it reflected growing friction between two countries with strong constitutional ties Cook Islands is self-governing but shares a military and passports with New Zealand over their diverging approaches to managing relations with Beijing. Freeze emerges as NZ's leader visits China News of the 18.2 million New Zealand dollar (USD 11 million) funding halt on Thursday only emerged when a Cook Islands news outlet saw its brief mention in a government budget document. It's likely to prove difficult for New Zealand's Prime Minister Christopher Luxon, who is in China for his first official visit and due to meet President Xi Jinping this week. Beijing has defended its Cook Islands strategic partnership before, saying in February that the deals were not intended to antagonize New Zealand. In a report tabled in the Cook Islands Parliament this week, the Public Accounts Committee registered concern about a reduction of 10 million New Zealand dollars (USD 6 million) in the government's purse, the first known mention of the finance freeze. The money was earmarked for core sector support, which funds the Cook Islands' health, education and tourism sectors, with audits by Wellington on how it's spent. The money is part of NZD 200 million directed to the Cook Islands by New Zealand over the past three years as part of an almost 60-year-old free association compact. The links demand consultation by Cook Islands leaders with Wellington on agreements with other countries that might affect New Zealand. The pacts with China were the first serious test of those rules. Deals prompted dismay in Wellington The Cook Islands, population 15,000, has a large and lucrative exclusive economic zone, with Brown's government exploring prospects for deep sea mining activity. Cook Islanders can freely live and work in New Zealand, which prompted alarm about national security in Wellington when officials learned of the raft of agreements Brown signed in February. The agreements didn't promise security cooperation between Beijing and Cook Islands, but they did pledge more funding from China for infrastructure projects and educational scholarships. Not all of the documents Brown signed were released publicly. The spokesperson for New Zealand Foreign Minister Peters said Thursday said the agreements illustrated a gap in understanding between the governments about what our special relationship of free association requires, which included consultation to ensure the preservation of shared interests. The breadth and content of the deals and lack of consultation with Wellington about them prompted a review of funding to the Cook Islands, Peters' office said. New Zealand has therefore paused these payments and will also not consider significant new funding until the Cook Islands Government takes concrete steps to repair the relationship and restore trust, the spokesperson's statement said. Cook Islands PM rejected concerns Brown said in February that the deals did not replace our longstanding relationships with New Zealand, Australia and others, but rather complements them, ensuring that we have a diversified portfolio of partnerships. News of the agreements prompted protests in Avarua led by opposition lawmakers. New Zealand's latest action was an entirely avoidable consequence of Cook Islands' strategic flirtations with China, said Mihai Sora, analyst with the Australia-based thinktank Lowy Institute. It's a bit cute to sign up to a comprehensive strategic partnership with China in 2025 and pretend there is no strategic angle for Beijing, given all the mounting evidence of China's malign strategic intent in the Pacific, he said. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
South China Morning Post
15-06-2025
- Politics
- South China Morning Post
‘Setting sun': Chinese media contrasts US pageantry and violence on Trump's parade day
Donald Trump's first large-scale military parade in decades has prompted Chinese commentators to compare and mock the contrast between the US president's pageantry and the nationwide unrest sparked by his immigration policies. The festivities in Washington on Saturday occurred on a day marked by protests around the nation that underscored the country's deep divisions. In China, some state media and online commentators declared Trump's 'America First' policy a failure in light of the mass demonstrations and law enforcement response, and said it reflected the United States' 'uncertain future'. 02:01 US holds first major military parade after 34 years to honour army's 250th anniversary US holds first major military parade after 34 years to honour army's 250th anniversary 'The parade reflects [Trump's] urgency to proclaim that 'America is great again' … Yet, no matter how it's staged, it only reinforces the sense that the halo of the United States is fading, and its deep-rooted institutional problems remain unresolved,' wrote the Beijing Daily, a state-affiliated publication. 'Instead, it evokes deja vu of 'the setting sun's afterglow' and 'a past that cannot be reclaimed'.' China News, another state-run outlet, added that the day symbolised how 'democracy is struggling in the mud'. 'On this day, there are celebrations and protests … In 2025, the United States is moving towards an uncertain tomorrow – amid gunfire and slogans,' it wrote. The three-hour parade in Washington, staged in celebration of the 250th anniversary of the US Army and coinciding with Trump's birthday, featured soldiers marching while wearing a selection of uniforms dating back to the Revolutionary war, as well as displays of modern hardware and weaponry used in nearly every major US conflict since World War II. Trump used the occasion to deliver a fiery speech that vowed that the US military would always protect American interests.
NDTV
28-05-2025
- General
- NDTV
Video: Mushroom Cloud Over China Chemical Plant After Massive Explosion
A large explosion at a chemical plant in eastern China on Tuesday caused giant plumes of smoke to rise from the building, state media said, with no casualties immediately reported. The blast occurred at the Youdao Chemical plant at around 11:57 am (0357 GMT) in Gaomi, a town in Shandong province around 450 kilometres (280 miles) southeast of the capital Beijing, according to the China News agency. See video here: #BREAKING #CHINA 🇨🇳 Massive explosion rocked the Shandong Youdao Chemical plant in Gaomi, China today. 🔥🔥🔥 — THE UNKNOWN MAN (@Theunk13) May 27, 2025 Videos broadcast by the Beijing newspaper Xinjingbao showed a gigantic column of grey smoke rising into the sky, a fire in an industrial zone and shop windows apparently blown out by the explosion. Clips also showed debris strewn across a road, a car with a smashed windscreen, and dark orange flames devouring installations in the background. Emergency services dispatched 55 vehicles and 232 first responders to the scene, the national Ministry of Emergency Management said in a statement. Youdao Chemical manufactures "low-toxicity" pesticides and employs around 300 people on a site of 47 hectares (116 acres), according to the Chinese online media The Paper. Industrial accidents occur regularly in China, where safety standards in its countless factories are sometimes not respected. In 2015, explosions at warehouses containing flammable chemicals in the port city of Tianjin killed over 170 people and injured 700 others.
Business Recorder
27-05-2025
- General
- Business Recorder
Huge explosion reported at China chemical plant
BEIJING: A large explosion at a chemical plant in eastern China on Tuesday caused giant plumes of smoke to rise from the building, state media said, with no casualties immediately reported. The blast occurred at the Youdao Chemical plant at around 11:57 am (0357 GMT) in Gaomi, a town in Shandong province around 450 kilometres (280 miles) southeast of the capital Beijing, according to the China News agency. Videos broadcast by the Beijing newspaper Xinjingbao showed a gigantic column of grey smoke rising into the sky, a fire in an industrial zone and shop windows apparently blown out by the explosion. Clips also showed debris strewn across a road, a car with a smashed windscreen, and dark orange flames devouring installations in the background. Emergency services dispatched 55 vehicles and 232 first responders to the scene, the national Ministry of Emergency Management said in a statement. Youdao Chemical manufactures 'low-toxicity' pesticides and employs around 300 people on a site of 47 hectares (116 acres), according to the Chinese online media The Paper. Industrial accidents occur regularly in China, where safety standards in its countless factories are sometimes not respected. In 2015, explosions at warehouses containing flammable chemicals in the port city of Tianjin killed over 170 people and injured 700 others.
