SINGAPORE (AP) — Chinese Premier Li Keqiang says the country needs reforms to support business to help drive growth as it weathers a trade war with the U.S., rather than more economic stimulus.
Li said Tuesday in Singapore that China can energize its slowing economy by adjusting policies, such as streamlining bureaucratic procedures like business registrations, taxes and fees.
TOKYO, Nov. 12 (Xinhua) -- A U.S. fighter jet crashed off Japan's southern prefecture of Okinawa, the Japan Coast Guard and Defense Ministry said Monday.
According to the officials, the FA-18 aircraft crashed in waters around 290 km from Okinawa, owing to mechanical issues.
The two pilots safety ejected, officials said, and were rescued by a U.S. military helicopter.
The jet belongs to the USS Ronald Reagan aircraft carrier and the accident occurred while the jet was carrying out routine operations in the Philippine Sea, the U.S. 7th Fleet said.
SHANGHAI, Nov. 12 (Xinhua) -- China's e-commerce giant Alibaba Monday said the Singles' Day sales on its online shopping platforms reached a record 213.5 billion yuan (30.7 billion U.S. dollars).
The total sales on its platforms including Tmall and Taobao on Sunday represented an annual increase of about 27 percent from 168.2 billion yuan a year ago, Alibaba said.
Alibaba launched the annual online shopping promotion on Nov. 11, 2009, a day celebrated by many Chinese young people as Singles' Day.
Singapore; 11 Nov 2018; AFP: World leaders will push for the rapid completion of a massive, China-backed trade deal that excludes the US at a summit this week, in a rebuke to rising protectionism and Donald Trump's "America First" agenda.
China, Japan, India and other Asia-Pacific countries could announce a broad agreement on the Regional Comprehensive Economic Partnership (RCEP), which covers half the world's population, on the sidelines of the annual gathering.
12 Nov 2018; AFP: Singapore's prime minister made an impassioned plea Monday for open markets and warned "political pressures" were driving countries apart, in a swipe at rising protectionism at the start of a gathering of world leaders.
Leaders including Chinese Premier Li Keqiang and US Vice President Mike Pence are meeting this week in the city-state against the backdrop of a months-long trade dispute between Beijing and Washington.
SHANGHAI (AP) — Online shoppers spent more than $14 billion within the first two hours of China’s annual buying frenzy on Sunday, once again breaking records as the consumer tradition enters its 10th year.
The spending binge breaks from gloomy forecasts about the world’s second-largest economy, which is struggling with a tariff war with the U.S., a stock market slump and slowing overall growth.
BEIJING, Nov. 9 (Xinhua) -- Chinese Vice Premier Han Zheng met with Bill Gates, co-founder of Microsoft and chairman of TerraPower, in Beijing on Thursday.
During their meeting, Han told Gates that China stands ready to deepen mutually beneficial cooperation with the U.S. on new energy and energy-related technological innovation to continuously optimize its energy structure.
ZHUHAI, November 8. /TASS/. Russian Helicopters inked a contract for supply of 20 Ansat helicopters to the China Association of Emergency Medicine at the Airshow China exhibition, a spokesman of the Russian holding told reporters on Thursday.
"The Russian Helicopters holding made a contract for delivery of 20 Ansat helicopters in the interests of the Association of Emergency Medicine of the People’s Republic of China within the framework of the Airshow China international air show," he said.
JAKARTA, Indonesia (AP) — The U.S. Federal Aviation Administration issued an emergency airworthiness directive on how to handle erroneous data from a sensor that investigators believe malfunctioned on a new Boeing jet that plunged into the sea in Indonesia, killing all 189 people on board.
SEOUL, South Korea (AP) — South Korea’s foreign minister said Thursday that U.S. officials told Seoul that it was North Korea that canceled nuclear talks this week between U.S. Secretary of State Mike Pompeo and a senior North Korean official.
Foreign Minister Kang Kyung-wha provided no reason, aside from “busy schedules,” for why North Korea canceled the meeting set for Thursday in New York that was meant to discuss ridding the North of its nuclear weapons and setting up a second summit between U.S. President Donald Trump and North Korean leader Kim Jong Un.
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