BEIJING (AP) — China’s yuan weakened again Wednesday after hopes among financial traders that the decline was stabilizing helped to calm jittery global markets. The currency edged down to 7.0488 to the U.S. dollar, about 0.4 percent below its level late Tuesday. Financial markets tumbled after Beijing allowed the yuan to fall Monday to an […]
Tag: China
Posted inWorld News
Hong Kong protesters to continue after bill declared ‘dead’
HONG KONG (AP) — Hong Kong protest leaders opposed to the administration of Chief Executive Carrie Lam said Tuesday that they will continue their demonstrations, even after Lam declared the effort to amend a highly contentious extradition bill “dead.” Protesters are persisting in their demands for the bill to be formally withdrawn and an investigation […]
Posted inPacific News
China to deepen military cooperation with Caribbean countries, Pacific island countries: defence minister
BEIJING, 11 JULY 2019 (XINHUA) — Chinese State Councilor and Defence Minister Wei Fenghe on Monday said China is willing to deepen military exchanges and cooperation with the Caribbean countries and Pacific island countries under the framework of the Belt and Road Initiative (BRI). Wei made the remarks when meeting with attendees of the Fourth […]
Posted inPacific News
China’s largesse in Tonga threatens future of Pacific nation
NUKU’ALOFA, Tonga (AP) — The days unfold at a leisurely pace in Tonga, a South Pacific archipelago with no traffic lights or fast-food chains. Snuffling pigs roam dusty roads that wind through villages dotted with churches. Yet even in this far-flung island kingdom there are signs that a battle for power and influence is heating […]
Posted inPacific News
Japan, US and Australia push back on China’s South Pacific expansion
Tokyo advocates ‘free and open Indo-Pacific’ and promises economic aid By Susumu Kuronuma, Nikkei staff writer TOKYO, 04 JULY 2019 (NIKKEI REVIEW) — A war of nerves involving Japan, the U.S., Australia and China is underway over island nations in the South Pacific Ocean such as Palau, Fiji and the Cook Islands, with attention focused […]
Posted inWorld News
Protests escalate as Hong Kong marks handover to China
HONG KONG (AP) — Combative protesters tried to break into the Hong Kong legislature Monday as a crowd of thousands were marching in that direction on the 22nd anniversary of the former British colony’s return to China. With a crowd of a hundred or so people around them, a small group of people repeatedly rammed […]