China signs new aid agreements with Cambodia

By Prak Chan Thul PHNOM PENH, Jan 11 : Cambodia and China signed 19 aid and investment pacts on Thursday in the latest sign of their strengthening relationship as Cambodia turns further away from Western donors. China is Cambodia’s biggest aid donor and its backing has bolstered Hun Sen in the face of criticism over […]

Britain’s open to foreign investment, trade minister Fox tells China

By Michael Martina BEIJING, Jan 3 : British trade minister Liam Fox said on Wednesday that London would continue to welcome foreign investment, after a U.S. panel rejected a Chinese acquisition of a U.S. money transfer company on national security concerns. Fox was on a visit to China, the latest instalment in long-running economic talks […]

China c.bank frees up cash for banks ahead of Lunar New Year

By Winni Zhou and Kevin Yao SHANGHAI, Dec 29 :China’s central bank said it will let some commercial banks temporarily keep fewer required reserves to help them cope with the heavy demand for cash ahead of the Lunar New Year holiday, a step that analysts say does not signal any policy shift. In recent years, […]

China issues first batch of crude oil import quotas for 2018

By Florence Tan and Meng Meng SINGAPORE/BEIJING, Dec 29 : China has issued crude oil import quotas totalling 121.32 million tonnes for 44 companies in its first batch of allowances for 2018, according to a source with direct knowledge of the matter and documents reviewed by Reuters on Thursday. State-owned ChemChina has the largest quota […]

Trump says China ‘Caught RED HANDED’ allowing oil into North Korea

By David Brunnstrom and Susan Heavey WASHINGTON, Dec 28 : U.S. President Donald Trump on Thursday said he was “very disappointed that China is allowing oil to go into North Korea” and that such moves would prevent “a friendly solution” to the crisis over Pyongyang’s nuclear program. “Caught RED HANDED – very disappointed that China […]

Trump ‘disappointed’ China allowing oil into North Korea

By David Brunnstrom and Susan Heavey WASHINGTON, Dec 28 : U.S. President Donald Trump on Thursday said he was “very disappointed that China is allowing oil to go into North Korea” and that such moves would prevent “a friendly solution” to the crisis over Pyongyang’s nuclear program. “Caught RED HANDED – very disappointed that China […]