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U.S. Says There Is ‘extraordinary’ Lack of Transparency Over Chinese Activity in Cambodia
Date: June 9, 2022
By Idrees Ali SINGAPORE (Reuters) – A decision by Cambodia to expand its biggest naval base and allow the Chinese military exclusive use of a portion of it shows an extraordinary lack of transparency, a senior U.S. defense official said on Thursday. A Chinese official said on Wednesday an “iron-clad partnership” with Cambodia was bolstered...
American Chamber of Commerce, Others Warn of Impracticalities in EU Subsidy Plan
Date: June 2, 2022
(Corrects headline to say American Chamber of Commerce, not U.S. Chamber of Commerce) By Foo Yun Chee BRUSSELS (Reuters) – Proposed EU legislation targeting foreign state-backed buyers of European companies prompted by fears of a Chinese buying spree may be impossible to comply with in practice, the American Chamber of Commerce and peer groups for...
China ‘firmly’ Opposes U.S.-Taiwan Trade Initiative
Date: June 2, 2022
BEIJING/TAIPEI (Reuters) -China “firmly” opposes a new trade initiative between Taiwan and the United States, the Commerce Ministry said on Thursday, a plan the government in Taipei says is a recognition of the key position the island plays in global supply chains. The United States and Taiwan announced the U.S.-Taiwan Initiative on 21st Century Trade...
U.s., Taiwan to Launch Trade Talks After Biden Excludes Island From Indo-Pacific Group
Date: June 1, 2022
By David Lawder and Michael Martina WASHINGTON (Reuters) -The United States will launch new trade talks with Taiwan, U.S. officials said on Wednesday, just days after President Joe Biden launched an economic plan for Asia intended to push back on China that excluded the Chinese-claimed island. Washington and Taipei will “move quickly to develop a...
Kiribati Focuses on Trade Not Security for China Visit to Remote Pacific Island
Date: May 27, 2022
By Kirsty Needham SYDNEY (Reuters) -China’s foreign minister Wang Yi stopped over in Kiribati on Friday, visiting the remote island nation as part of a Pacific tour that Beijing hopes will lay ground for a regional trade and security pact, alarming the United States and its allies. Wang met with his counterpart and Kiribati president,...
Shanghai Hits Prized ‘zero Covid’ Status but Lockdown Lingers
Date: May 17, 2022
By David Stanway and Martin Quin Pollard SHANGHAI/BEIJING (Reuters) -Shanghai achieved its long-awaited milestone of three consecutive days with no new COVID-19 cases outside quarantine zones on Tuesday but most residents will have to put up with confinement for a while longer before resuming more normal life. For other cities in China that have been...