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BEIJING, Jan. 23 (Xinhua) -- China on Wednesday said the U.S. plan to extradite Meng Wanzhou, Huawei chief financial officer, from Canada did not comply with international law or have legitimacy.

The remarks came as Foreign Ministry spokesperson Hua Chunying reiterated China's position on the Meng Wanzhou case at a press briefing.

Hua said the U.S. request for Meng's extradition was essentially related to U.S. sanctions against Iran.

DAVOS, Switzerland, Jan. 23 (Xinhua) -- After hearing Chinese Vice President Wang Qishan's latest address at Davos Wednesday afternoon, Randall Lane, chief content officer of Forbes, described the speech as "encouraging and thoughtful," with a "global and optimistic outlook of the world."

Citing the Swiss proverb "torches light up each other," Wang elaborated on the Chinese leadership's vision of global governance first outlined by President Xi Jinping in a speech at Davos two years ago.

DAVOS, January 22. /TASS/. Prolonging the deal to cap oil production within the OPEC+ structure until the end of 2019 makes economic sense because it maintains the oil market’s balance within the range of $60-70 per barrel, President of Azerbaijan Ilham Aliyev told TASS on Tuesday on the sidelines of the Davos Forum.

WASHINGTON, Jan. 23 (Xinhua) -- U.S. federal courts are expected to run out of money on Feb. 1 after deferring non-critical operating costs and utilizing court filing fees and other available balances, the Administrative Office of the U.S. Courts said Tuesday.

"No further extensions beyond Feb. 1 will be possible," the administrative agency said in a statement. "Most of the measures are temporary stopgaps, and the Judiciary will face many deferred payment obligations after the partial government shutdown ends."

RIO DE JANEIRO, Jan. 22 (Xinhua) -- Brazil will send trade missions to Asia and Europe in a bid to expand its agricultural exports, Agriculture Minister Tereza Cristina said on Tuesday.

Speaking to Brazil's G1 news website, Cristina said she would personally lead the delegations to open new markets and negotiate with Asian and European countries.

DAVOS, Switzerland, Jan. 22 (Xinhua) -- The opening of China's market is likely to increase the competitiveness of the Chinese economy, which could serve as a future driver of global growth, experts attending the ongoing World Economic Forum (WEF) Annual Meeting said Tuesday.

Attending a penal discussion titled "Rethinking Global Financial Risk," Fang Xinghai, vice chairman of the China Securities Regulatory Commission, said that the Chinese economy may slow down in 2019 but "it won't be a collapse."

BEIJING, Jan. 22 (Xinhua) -- China on Tuesday urged Canada to immediately release Huawei Chief Financial Officer Meng Wanzhou and the United States to withdraw its arrest warrant for her.

Foreign Ministry spokesperson Hua Chunying made the remarks at a regular news briefing after the United States informed the Canadian government that it planned to proceed with a formal request to extradite Meng.

BEIJING, Jan. 23 (Xinhua) -- China's central bank Wednesday injected 257.5 billion yuan (37.8 billion U.S. dollars) of funds into the market via the targeted medium-term lending facility (TMLF) to maintain liquidity.

The funds have a maximum maturity of three years and an annual interest rate of 3.15 percent, 15 basis points lower than the existing medium-term lending facility (MLF), the People's Bank of China said on its website.

The TMLF tool was introduced in December 2018 to encourage loans to small and private businesses.

MASAITI, Zambia, Jan. 22 (Xinhua) -- Construction works of a dam in Zambia's Masaiti district on the Copperbelt Province funded by the Chinese government was on course, the contractor said on Tuesday.

Construction works of the 450 million U.S. dollars Kafulafuta Dam was commissioned in October last year by President Edgar Lungu.

Bruce Zhu, a business manager with the China National Complete Engineering Corporation, said about 23 percent of works have so far been done and that everything was on schedule.

22 Jan 2019; AFP: The Davos elite say they are more worried than ever about climate change. But that isn't stopping them chartering private jets in record numbers.

The convenience and comfort of flying privately rather than commercially appears to outweigh any concerns about the outsized carbon footprint it involves, judging by a number-crunching exercise by the company Air Charter Service (ACS).

It forecast nearly 1,500 private jet flights over the week of the World Economic Forum (WEF) to airports near Davos in the Swiss Alps.