Posted inWorld News

China lets yuan sink, Trump says serious talks to start

BEIJING (AP) — China allowed its yuan to sink Monday and U.S. President Donald Trump said the two sides will talk “very seriously” about their war over trade and technology following tit-for-tat tariff hikes and Trump’s threat to order American companies to stop doing business with China. The escalations prompted warnings that the chances of […]

Posted inWorld News

China lashes out at Taiwan over Hong Kong asylum offer

HONG KONG (AP) — China lashed out at Taiwan on Monday over its offer of political asylum to participants in Hong Kong’s pro-democracy protest movement, a day after hundreds of thousands of people marched peacefully in the latest massive demonstration in the Chinese territory. The government of Taiwan, a self-ruled island that China considers its […]

Posted inTop Stories

I will persuade China Airlines to increase flights to Palau: Taiwan trade promo company exec

The Vice President of the Taiwanese foreign trade promotion company, the Taiwan External Trade Development Council (TAITRA), said he will use his influence to encourage China Airlines to further increase flights to Palau. TAITRA Vice Chairman Suo-Hang Chuang, during the first day of their trade and investment mission in Palau on August 12, said that […]

Posted inWorld News

US-China trade war leaves Europe as collateral damage

FRANKFURT, Germany (AP) — Like a sleek Mercedes crunched between two freight trucks, Europe’s economy is being knocked off course by the conflict between the U.S. and China over trade. The bill for damages from the U.S-China collision could be reflected in new growth figures due Wednesday that could show that Europe’s economic motor, Germany, […]

Posted inPacific News

World War II Pacific battlegrounds now site of US-China tug of war

MAJURO,12 AUGUST 2019(AFP)— Pacific islands that were key World War II battlegrounds but largely neglected for the past 30 years are now back in the spotlight as China challenges traditional US supremacy in the region. Palau, the Federated States of Micronesia and the Marshall Islands, whose territories stretch thousands of kilometres across the Pacific, have […]

Posted inPacific News

PNG’s debt overture to Beijing rings alarm bells

CANBERRA, 08 AUGUST 2019 (THE AUSTRALIAN) — On a cold Canberra morning 18 days ago, Scott Morrison stood alongside Prime Minister James Marape at Parliament House, declaring Australia had “no truer friend” than Papua New Guinea. Marape, on an official visit with full red carpet treatment, said he came to Australia as “friend and family”, […]

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