News List

China has defended its expanding role in Africa after lawmakers in Washington announced they would open an investigation into Beijing's push for economic and military influence in a number of countries there. House Intelligence Committee Chairman Devin Nunes, a GOP representative from California, said on Fox News's Sunday Morning Futures with Maria Bartiromo that China was "a big… Read more »

China is willing to hold talks with the United States to resolve their differences over trade, China's foreign ministry said on Monday, as alarm grows over a possible trade war between the world's two largest economies. Ministry spokeswoman Hua Chunying made the comments at a regular briefing in Beijing. The U.S. administration last week sent a letter to Chinese economic overseer… Read more »

— Two key GOP senators are pressing U.S. President Donald Trump to share Lockheed Martin's F-35 or F-16V fighter jet to upgrade Taiwan's aging air power and deter China. Sens. John Cornyn and Jim Inhofe sent the letter to Trump on Monday, days after Taiwan defense officials confirmed their long-standing interest in the F-35. Cornyn, of Texas, is the Senate's No. 2 Republican,… Read more »

GENEVA (Reuters) - China called on World Trade Organization members on Monday to unite to prevent the United States “wrecking” the WTO and urged them to oppose U.S. tariffs targeting China's alleged theft of intellectual property. Beijing's envoy Zhang Xiangchen told delegates at the Geneva-based trade body that President Donald Trump's plan to impose tariffs on up to $60… Read more »

Japan raised its investment to Africa in 2014 with a pledge of $32 billion that included aid, loans and commercial projects over the following three years. From 2008 to 2012, the well-off East Asian country had put out just $9 billion for Africa, geopolitical intelligence service Stratfor Enterprises says. Two years ago Japanese Prime Minister Shinzo Abe said in Kenya that another $10… Read more »

If there's a trade war between the U.S. and China, don't blame Donald Trump : China started it long before he became president. Even free traders and internationalists agree China's predatory trade practices—which include forcing U.S. business to transfer valuable technology to Chinese firms and restricting access to Chinese markets—are undermining both its partners and… Read more »

HANOI/SINGAPORE (Reuters) - Vietnam has halted an oil drilling project in the “Red Emperor” block off its southeastern coast licensed to Spanish energy firm Repsol following pressure from China, three sources with direct knowledge of the situation told Reuters on Friday. It would be the second time in less than a year that Vietnam has had to suspend a major oil development… Read more »

GENEVA — The handsome stone edifice that serves as the headquarters for the World Trade Organization rises like a fortress over Lake Geneva, projecting an air of impregnability. But lately the institution looks vulnerable, sowing worries that global commerce itself may be in jeopardy. As the United States accuses China of predatory trading practices while doling out unilateral… Read more »

America's message to investors overseas has long been that the U.S. is open for business. Now a presidential administration that says "America First" is pushing back, and one of its tools is a formerly obscure committee that works behind closed doors. The Committee on Foreign Investment in the U.S., or CFIUS, has stopped a string of foreign acquisitions of American companies, particularly… Read more »

Rep. Rick Larsen (WA-02) issued the following statement after voting for the fiscal year 2018 omnibus spending bill in the U.S. House of Representatives: “I voted yes on the omnibus proposal because it is a good deal for Washington’s working families. The package invests in Washington state’s infrastructure, addresses the opioid crisis and enables people and products to… Read more »