China

‘Neither good nor easy to win’: EU, China gear up for trade war with US
European and Chinese officials are firing shots across America’s bow over plans by the Trump administration to impose protectionist tariffs on its steel and aluminum imports. A trade war looms as a result. President Donald Trump is expected to set tariffs of 25 percent on imported steel and 10 percent on imported aluminum this week. [...]
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China overtakes US as world’s largest economy
The Chinese economy just pushed past the US to become the world’s largest economy (at least according to purchasing power parity). Although long expected by many experts, the Asian powerhouse’s snatching of the top spot has taken some by surprise. Euro Pacific Capital President Peter Schiff speaks with RT’s Ben Swann on why the US is now number two. China overtakes US as world's large [...]
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Chinese State Media Says US Government Shutdown Lays Bare ‘Chronic Flaws’
On Saturday, the US federal government shut down due to a lack of funding after Democrats in the Senate prevented Republicans from passing the spending bill. The US government shutdown raises questions about the viability and legitimacy of America’s political system, Chinese state media has reported. [...]
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China unveils huge plans for the Arctic, with ‘Polar Silk Road’ on the way
Beijing has announced plans to extend the ambitious Belt and Road Initiative to the Arctic by developing shipping routes, in a project dubbed the Polar Silk Road. In a white paper released on Friday, the country said it expects to have a “major role in expanding the network of shipping routes” and noted that “as a result of global warming, the Arctic shipping routes are likely to become impo [...]
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PetroChina’s biggest refinery doubles Russian pipeline oil intake
Since the new Russia-China oil supply agreement took effect at the start of the year, PetroChina’s largest refinery has almost doubled the amount of Russian pipeline crude oil that it is processing. A senior industry source with direct knowledge of the volumes told Reuters, the 410,000-bpd PetroChina refinery in the northeast port city Dalian will process 260,000 bpd of Russian pipeline crude oi [...]
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Railway Diplomacy: How ‘China is Building Routes in All Possible Directions’
Beijing has stepped up its "railway diplomacy" by boosting its infrastructural projects simultaneously on three continents. Speaking to Sputnik, analysts highlighted China's competitive advantages and shed light on the obstacles the People's Republic is facing while implementing its initiatives. [...]
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‘Most important relations’: How US pressure may help turn China-Russia strategic ties into alliance
The Chinese Ambassador has praised the Russia-China relationship as “the best in the world,” but analysts tell RT it falls short of a close economic or military alliance. This may change if Washington chooses to confront Beijing.   [...]
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RAND Corporation: US May Lose Potential Conflict Against Russia, China
A new report issued by the US-based research think tank RAND Corporation has suggested that under the threat of open confrontation with Russia and China, the United States is likely to suffer sufficient losses and eventually will be defeated. [...]
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Trump Ended Up Calling Upon Russia, China to Help Solve N Korean Issue
After threatening Pyongyang with a military option US President Donald Trump turned to Russia and China calling upon them to join his efforts to solve the North Korean dilemma, analysts told Sputnik, explaining what is behind the new US sanction policy targeting the world's financial institutions that work with North Korea. [...]
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Trump in Asia: How Power Has Shifted Since Richard Nixon’s Trip to China in 1972
US President Donald Trump has arrived in Beijing for a two-day visit as part of his five-nation tour of Asia. Sputnik looks at how the relationship between the US and China has changed Richard Nixon's historic eight-day trip in 1972. [...]
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Dollar should not dominate the world – Russian PM Medvedev
The international financial system needs to balance which is why there is no place for a dominant currency, said Russian PM Dmitry Medvedev. “The balanced system of financial relations should be based on the use of various reserve currencies, various forms of settlement. There should be no domination of any one currency,” said Medvedev, speaking at the regular Russia and China heads of govern [...]
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Need for Speed: China Revives World’s Fastest Bullet Trains
China raised the maximum speed of its popular Beijing-Shanghai bullet trains up to 350 kph Tuesday, following years of restrictions amid safety concerns. China's Fuxings have once again become the world's fastest trains with the journey between Beijing and Shanghai being reduced from 5 hours and 45 minutes to 4 hours and 28 minutes. [...]
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US to Lose ‘Economic War’ Against China Amid Loss of Global Leadership
The United States dare not enter a trade war with China because it would certainly lose as it has already lost global economic, manufacturing and purchasing power leadership, analysts told Sputnik. [...]
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The US ‘Can’t Do Much’ to Prevent China From Becoming World’s Economic Leader
Commenting on the recent statement of White House Chief Strategist Steve Bannon that the US is at 'economic war' with China, Hong Kong-based political scientist Joseph Cheng explained to Sputnik that the US, in fact, can't do much to prevent Beijing from growing into the world's economic leader and why the two countries should avoid a trade war. [...]
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Trump threatens China with new trade war, Beijing appears unmoved
Amid expectations of the US launching investigations into China’s alleged theft of American intellectual property as well as unfair trade practices, Beijing appears unmoved by the imminent probe while US businesses fear reprisals in case the row unintentionally escalates. Washington is expected to soon announce investigations into how China tackles copyright protection, protectionism and mark [...]
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Why Germany Leaning Toward Russia, China’s Position on N Korean Crisis
The US-South Korean military drills which are due to start next Monday may dramatically deteriorate the situation on the Korean Peninsula, RIA Novosti contributor Gevorg Mirzayan writes, adding that the country with the EU's leading economy, Germany, has openly demonstrated its discontent with US policy in the region. [...]
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US Failure, Blame China
America’s chronic trade deficit with the rest of the world is testimony to a failed US economy. In reality, the US has no-one else to blame but itself for such an historic failure. But in typical chauvinist fashion, the Trump administration has found a handy scapegoat by blaming China — its top bilateral trading partner. President Donald Trump this week ordered a probe into alleged tr [...]
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China Shows Readiness to ‘Punish Anyone’ Who Destabilizes Korean Peninsula
China "will stay neutral" if North Korea launches missiles threatening the United States, according to an op-ed in the influential Chinese newspaper Global Times. At the same time, Beijing will respond if the US and South Korea strike first and try to overthrow the North Korean regime. [...]
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US Admiral Would Nuke China at Trump’s Order (And It’s Not a Joke)
The commander of the United States Pacific Fleet said Thursday that he would launch a nuclear strike on China if President Donald Trump ordered it. "The answer would be: Yes," Adm. Scott Swift said, responding to a hypothetical question at a security conference at the Australian National University, according to ABC News. [...]
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Syria Expects Positive Shift in UN Security Council Under Chinese Presidency
Syria’s Ambassador to China and former Ambassador to the United States Imad Moustapha stated that Beijing has never played an active role in Syrian crisis, but always vetoed resolutions sponsored by the West to sanction the government of Syrian President Bashar Assad. [...]
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Russia is forsaking the West and moving toward China
As the West dithers, Russia is moving closer to China, and it increasingly appears the G7 will never be the G8 again. Soon after the 2014 Winter Olympics in Sochi, advertisements began appearing around the city for the “G8 English School.” The proprietor was evidently using the conference, slated for the Black Sea city, to drum up interest in learning the language. [...]
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New Korean War may break out ‘at any moment’ – Chinese FM
China’s Foreign Minister warned that an armed conflict with North Korea may break out “at any moment,” urging Washington and Pyongyang to tone down their hawkish rhetoric and realize the price to pay for both sides if a new Korean War were to start. [...]
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