Latest news with #foreign minister
Malay Mail
2 days ago
- Business
- Malay Mail
China's top diplomat to visit India for border talks
BEIJING, Aug 16 — China's top diplomat will visit India next week for talks about their shared boundary, Beijing's foreign ministry said today, as the two countries eye resuming border trade five years after halting it. 'From August 18 to 20... (Chinese foreign minister) Wang Yi will upon invitation visit India and hold the 24th special representatives meeting on the China-India border issue,' a spokesperson said in a statement. Past trade between the neighbours across icy and high-altitude Himalayan border passes was usually small in volume, but any resumption is significant for its symbolism. It stopped following a deadly 2020 clash between border troops. Indian media had reported earlier in the week that China's Wang was expected for talks in New Delhi on Monday. His Indian counterpart Subrahmanyam Jaishankar visited Beijing in July. The two major economic powers have long competed for strategic influence across South Asia. However, caught in global trade and geopolitical turbulence triggered by US President Donald Trump's tariff regime, they have moved to mend ties. In recent weeks, Chinese and Indian officials have said the two countries were discussing resuming border trade. Agreements to resume direct flights and issue tourist visas also have been seen as part of an effort to rebuild their relationship. — AFP
Khaleej Times
14-07-2025
- Business
- Khaleej Times
China's rare earth exports jump in June in sign of trade war relief
China's rare earths exports rose 32% in June from the month before, customs data showed on Monday, in a potential sign that agreements reached last month to free up the flow of the metals are bearing fruit. The U.S. and China reached a series of agreements in June to get rare earths flowing again after export controls imposed by Beijing in April during the height of its trade war with Washington shuttered some car factories around the world. China's foreign minister said recently Europe's normal rare earths demand could be met. Meanwhile some carmakers said late last month the elements were starting to flow again, although not freely. The world's largest producer of rare earths, a group of 17 minerals used in products vital for autos, consumer electronics and defence, exported 7,742.2 metric tonnes in June, up from 5,864.6 in May, data from the General Administration of Customs showed. Exports were 60% higher than the 4,829 tonnes exported in June 2024. Cumulatively over the first six months of this year, China exported 32,569.2 tons of rare earths versus 29,095.2 tons over the same period last year, customs data showed. While positive, the data is only suggestive. Monday's data does not distinguish between the various types of rare earths and related products, some of which are not covered by the controls. A fuller breakdown will be released on July 20.
