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, […]
Tag: China
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”, […]
Posted inWorld News
China yuan weakens after signs of stability calm markets
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 […]
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 Protesters are persisting in their demands for the bill to be formally withdrawn and an investigation […]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 […]