China

BEIJING (AP) — Asian stocks were mixed Tuesday after Wall Street fell following last week’s Federal Reserve pledge to fight inflation by keeping interest rates elevated.

Shanghai and Hong Kong fell while Tokyo and South Korea advanced. Oil prices retreated.

Wall Street’s benchmark S&P 500 index lost 0.7% on Monday, adding to last week’s losses.

BEIJING (AP) — More than 100,000 people had moved to safer areas by Monday as heavy rains brought flood risks to a region of southwest China that was devastated by a heatwave and drought for most of the summer.

Heavy rain was forecast for parts of Sichuan province and Chongqing city through at least Tuesday. Chongqing, a megacity built in a hilly area and that also oversees the surrounding mountains and countryside, issued a flash flood warning for both days.

CHONGQING, China (AP) — China says it will try to protect its grain harvest from record-setting drought by using chemicals to generate rain, while factories in the southwest waited Sunday to see whether they would be shut down for another week due to shortages of water to generate hydropower.

BEIJING, Aug 19 (APP): Chinese Foreign Ministry Spokesperson, Wang Wenbin on Friday urged the India to normalize relations and consensus development between the leadership of two countries for a stable and healthy development.

Both the countries have the wisdom and ability to understand each other better, he said during his regular briefing when asked to comment on Indian External Affairs Minister Subrahmanyam Jaishankar remarks on India and China relations.

BEIJING, Aug. 18 (Xinhua) -- The Chips and Science Act passed by the U.S. Congress contains provisions that restrict relevant companies' normal economic, trade and investment activities in China, which is discriminatory and will distort the global semiconductor supply chain and disrupt international trade, China's Ministry of Commerce said Thursday.

The U.S. legislation is a typical differentiated industry supporting policy with huge sums of subsidies to be provided to the U.S. chip sector, ministry spokesperson Shu Jueting told a press conference.

BEIJING (AP) — Asian stock markets followed Wall Street lower Thursday after the Federal Reserve said U.S. inflation is too high, suggesting support for more aggressive interest rate hikes.

Shanghai, Tokyo, Hong Kong and Sydney declined. Oil prices edged higher.

BEIJING (AP) — Chinese and Japanese officials have met in northern China amid renewed tensions over Beijing’s military threats against Taiwan and after Tokyo protested China’s firing of missiles into Japan’s exclusive economic zone during recent military drills.

BEIJING, Aug 17 (APP): The Chinese Foreign Ministry on Wednesday appreciated Prime Minister Shehbaz Sharif for his words uttered on multiple occasions on Pak-China bilateral relations and the China-Pakistan Economic Cooperation (CPEC).

“Prime Minister Shehbaz Sharif spoke highly of China-Pakistan relations and CPEC on multiple occasions. He is very committed to the practical cooperation between our two countries. China appreciates that,” Spokesperson Wang Wenbin in a response to a question asked by APP during his regular briefing.

BEIJING, Aug 17 (Reuters) - Chinese troops will travel to Russia to take part in joint military exercises led by the host and including India, Belarus, Mongolia, Tajikistan and other countries, China's defence ministry said on Wednesday.

China's participation in the joint exercises was "unrelated to the current international and regional situation", the ministry said in a statement.

BEIJING (AP) — The world’s two biggest emitters of greenhouse gases are sparring on Twitter over climate policy, with China questioning whether the U.S. can deliver on the landmark climate legislation signed into law by President Joe Biden this week.

“You can bet America will meet our commitments,” U.S. Ambassador to China Nicholas Burns tweeted in response on Wednesday, using a national flag emoticon for “America.” He called on China to resume suspended climate talks, writing, “We’re ready.”