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China’s ‘Silk Road’ project runs into debt jam

China’s massive and expanding “Belt and Road” trade infrastructure project is running into speed bumps as some countries begin to grumble about being buried under Chinese debt. First announced in 2013 by President Xi Jinping, the initiative also known as the “new Silk Road” envisions the construction of railways, roads and ports across the globe,…

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PM Abbasi leads delegation at Boao Forum for Asia in China

Prime Minister Shahid Khaqan Abbasi flew China to lead Pakistani delegation at Boao Forum Annual Conference for Asia. According to Foreign Office Spokesperson, main theme of the conference is “An Open and Innovative Asia for a World of greater Prosperity.” The Prime Minister will be one of the keynote speakers at the Forum along with…

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China detains rights lawyer critical of President Xi Jinping: wife

BEIJING: Beijing authorities on Friday took outspoken rights lawyer Yu Wensheng into custody as he was taking his child to school, his wife told Reuters, days after Yu said he was stripped of his legal license for criticizing President Xi Jinping. Yu, a Beijing-based lawyer and activist, has repeatedly criticized the ruling Communist Party over…

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Happy birthday to you President Mamnoon

ISLAMABAD: Chinese President Xi Jinping has sent a message of greetings and best wishes to President Mamnoon Hussain on his birthday. These wishes were conveyed by Chinese ambassador to Pakistan Yao Jing, a press release Saturday said. The Chinese president in his message said Pakistan and China were reliable friends and strategic partners who stood…

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China to play central role in shaping course of 21st century: Shahbaz Sharif

BEIJING: Punjab Chief Minister Shehbaz Sharif says that China will play a central role in shaping the course of the 21st century under the leadership President Xi Jinping. As “buddies” and partners, we are eager to learn from our great Chinese friends for progress and prosperity, according to an article of Chief Minister Punjab, Shehbaz…

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PM felicitates Chinese President XI Jinping on his re-election

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi has felicitated Xi Jinping on his re-election as General Secretary of the Central Committee of the Communist Party of China. In his felicitation message to Chinese President XI Jinping, the prime minister acknowledged that the world marveled at the generational transformation China has achieved since the initiation of the…

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President Xi tightens grip on power with new term

BEIJING: President Xi Jinping was formally handed a second term Wednesday, with no clear successor emerging in a revamped ruling council, cementing his grip on power and setting the stage for him to dominate China for decades to come. In a highly choreographed event, Xi led the new members of the elite Politburo Standing Committee…

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Chinese president tells country’s central bank to play bigger role in managing financial risk

BEIJING/SHANGHAI: China’s central bank will take on a bigger role in macro-prudential management and in averting systemic risk in the financial system, President Xi Jinping said at a once-in-five-years government work conference that ended on Saturday, reported Reuters. Financial security is a vital part of national security, Xi said at the fifth National Financial Work…

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China’s Xi draws ‘red line’ in Hong Kong

HONG KONG: China’s President Xi Jinping said Saturday Hong Kong was freer than ever before but laid down an uncrossable “red line” for any challenge to Beijing’s authority as the city marked 20 years since it was handed back by Britain. Xi spoke in a televised address after swearing in new Hong Kong leader Carrie…

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China, Saudi Arabia agree to boost ties in diverse sectors

BEIJING: China and Saudi Arabia have signed fourteen cooperation agreements worth sixty-five billion dollars. The agreements were signed during the visit of King Salman of Saudi Arabia to Beijing. The Chinese Deputy Foreign Minister told media that the agreements covered investments, science, infrastructure, energy, space and a number of others sectors. Earlier President Xi Jinping…

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China denounces Panama Papers revelations

BEIJING: China has moved to limit coverage of the massive leak of documents from a Panamanian law firm that may have exposed financial wrongdoing by some of the world’s rich and powerful, blocking some search terms and removing certain stories online. The “Panama Papers” revealed financial arrangements of politicians and public figures including friends of…

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Iran, China vow tighter ties as Xi visits

TEHRAN: Iranian President Hassan Rouhani on Saturday hailed a “new chapter” in relations with China after talks with President Xi Jinping, who is touring the region to boost Beijing’s economic influence. The Asian giant and the Middle East’s foremost Shiite power aim to build economic ties worth up to $600 billion within the next 10…

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Chinese leader in Iran to discuss economy, regional crisis

ANKARA: Chinese President Xi Jinping arrived in Tehran on Friday to discuss improvement of economic and political ties after lifting of international sanctions because of Iran’s disputed nuclear programme, state TV said. Xi will meet top Iranian officials, including the country’s most powerful figure, Supreme Leader Ayatollah Ali Khamenei, and President Hassan Rouhani. He has…

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China’s Xi to visit Saudi Arabia, Egypt, Iran next week

BEIJING: Chinese President Xi Jinping will visit Saudi Arabia, Egypt and Iran next week, Beijing’s foreign ministry said Friday, as the world’s second-largest economy seeks greater diplomatic heft. Spokesman Lu Kang said in a statement that Xi would visit the three Middle Eastern countries over five days from Tuesday. The trip, Xi’s first to the…

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Mamnoon, Xi agree to bolster bilateral ties, strategic partnership

WUZHEN, China: President Mamnoon Hussain and President Xi Jinping of China on Wednesday reiterated their resolve to further bolster the all-weather and multi-faceted strategic partnership and ties that exist between Pakistan and China in all areas of mutual interest. The two leaders, who met here on the sidelines of the 2nd World Internet Conference, besides…

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China, Britain strike ‘historic’ nuclear deal

LONDON: China vowed Wednesday to take a one-third stake in Britain’s first nuclear power plant in decades, with Prime Minister David Cameron hailing an “historic deal” on the project led by French energy giant EDF. The announcement came on the second day of Chinese President Xi Jinping’s business-themed state visit to Britain, which Cameron said…

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China’s Xi Jinping arrives in Britain for state visit

LONDON: Chinese President Xi Jinping arrived in Britain on Monday for a four-day state visit as the government of Prime Minister David Cameron seeks stronger trade ties with the world’s second-largest economy. Xi and his wife Peng Liyuan waved as they stepped down from a large Air China plane, and were presented with a bouquet…

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PM lauds China role for promoting peace in region

UNITED NATIONS: Pakistan appreciated China’s “proactive role” for promoting peace and prosperity in Afghanistan and the region. Addressing the 70th session of the UN General Assembly, the Prime Minister also welcomed China’s vision of ” One Belt, One Road”. “The China-Pakistan Economic Corridor, announced during President Xi Jinping’s visit to Pakistan earlier this year will…

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Boeing wins record order as Xi reassures US business

SEATTLE: Boeing scored a record $38 billion in new orders from China as visiting President Xi Jinping delivered an “I’ve got your back” message to wary chief executives of America’s biggest companies Wednesday. On day two of his US trip Xi promised the heads of Boeing, Microsoft, General Motors and a dozen other top companies…

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China’s Xi woos big business as US visit begins

WASHINGTON: Chinese President Xi Jinping began a state visit to the United States on Tuesday with a stop in Seattle, to demonstrate to Washington how essential good relations with Beijing are to US industry. While President Barack Obama has a long list of issues — from military relations to human rights to cyber-theft — waiting…

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