US president says Chinese counterpart told him ‘I am very patient and China is very patient’ The US president, Donald Trump, has said that his Chinese counterpart, Xi Jinping, told him China would not invade Taiwan while Trump is in office. Trump made the comments in an interview with Fox News on Friday, ahead of talks with the Russian president, Vladimir Putin, over Moscow’s invasion of Ukraine. Continue reading… The Guardian
Tag: Xi Jinping
China and Britain shared a mission to fight aggression and fascism. And we can work together today | Zheng Zeguang
This year marks the 80th anniversary of the victory in the Chinese people’s war of resistance against Japanese aggression and the world anti-fascist war. On Friday, there will be a two-minute silence at noon in the UK to honour the 80th anniversary of VJ Day. This is a moment not only for solemn remembrance, but also for reflection on the enduring bonds forged in the crucible of history – bonds that continue to resonate in our world today. At the darkest hour of the second world war, China and the…
A China-led global system alongside that of the US is Xi Jinping’s ultimate aim | Letters
For over a decade, China has been building an alternative to the US-led order, notes Andrew J Sinclair I enjoyed reading George Magnus’s article (Why Peak China may finally have arrived, 11 August). However, focusing on peak economic growth misses the bigger picture and underestimates China in ways that could weaken western policy responses. China’s central goal is national power, and we are far from its peak national power. The Chinese economic miracle has taken place under the US-led global system. China built factories along its coast, filled container ships,…
Chinese investment banker Bao Fan released from detention after two years, source says
Bao Fan, star dealmaker and the founder of the boutique investment bank China Renaissance Holdings, has been released more than two years after being detained by Chinese authorities, according to a person with knowledge of the matter. China Renaissance sent shock waves through the country’s financial sector in 2023 when it announced it was unable to contact Bao, who founded the bank in 2005 with two others and still owns nearly 49% of its issued shares. The company’s share price tanked as a result of his detention. He was one…
China warns EV makers to stop price-cutting to protect the economy
China is urging its electric vehicle industry to stop cutting prices and rein in production amid fears that persistent deflation is imperilling economic growth. In recent months Chinese officials have talked repeatedly of the need to combat “involution” in sectors suffering from overcapacity, such as EVs, referring to the phenomenon of investing more effort and money for diminishing returns. Xi Jinping has spoken of the problem directly. In an unusually blunt speech this month, China’s president criticised provincial governments for blindly overinvesting in artificial intelligence, in computing power and in…
Australia politics live: Australia joins 24 countries to demand immediate end to Gaza war
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Albanese says Coalition failed to have call with Beijing for years as opposition criticises ‘indulgent’ China trip
Anthony Albanese has sniped back at the opposition’s criticism of his “indulgent” six-day visit to China, pointing out the former Coalition government failed to hold a single phone call with the major trading partner for years. The prime minister has spent this week touring the country with stops in Beijing, Shanghai and Chengdu amid a period of geopolitical instability and escalating trade hostilities between the US and its trading partners. Albanese met with the Chinese president, Xi Jinping, and the premier, Li Qiang, to discuss a number of issues, including…
Albanese’s warm welcome in Beijing shows icy tensions are a thing of the past – at least for now | Tom McIlroy
Anthony Albanese may be humming Paul Kelly and Powderfinger when his plane lands back in Australia from China on Friday. After more than two hours of talks with the country’s president, Xi Jinping, a series of successful business events, and a retracing of Gough Whitlam’s steps at the Great Wall, the prime minister is likely to view his six-day visit as a diplomatic home run. A trip designed to capitalise on the increasingly warm relations between Beijing and Canberra showed all signs of success, with a special lunch organised to…
Australian journalists confronted by Chinese security guards during Albanese’s Beijing trip
Security guards tried to stop Australian journalists covering Anthony Albanese’s visit to China from leaving a popular Beijing tourist destination, just hours before the prime minister’s talks with Xi Jinping on Tuesday. Albanese is on a six-day visit to China and is due to meet Xi, the country’s president, and its premier, Li Qiang, in Beijing on Tuesday afternoon. But ahead of the meeting, security crews approached journalists and Australian embassy staff at the capital’s historic Drum and Bell Towers area. Journalists from the ABC, SBS, Nine, Seven and Sky…
Albanese heads to China as Trump upends the global order. The PM may wish he lived in less interesting times | Tom McIlroy
Anthony Albanese watched on from the opposition benches when Xi Jinping addressed a joint sitting of federal parliament back in 2014. In Australia for the G20 summit, and hosted by Tony Abbott, China’s president told MPs he had visited the country five times over 30 years, spending time in every state and territory. Xi said the friendship between Australia and China would be as “strong and everlasting” as Uluru and the Great Wall of China. As he prepares to meet Xi later this month, Albanese may be forgiven for wishing…