China's Foreign Minister Wang Yi addresses the 73rd session of the United Nations General Assembly, at U.N. headquarters, Friday, Sept. 28, 2018. China's Foreign Minister Wang Yi addresses the 73rd session of the United Nations General Assembly, at U.N. headquarters, Friday, Sept. 28, 2018. Photo: Seth Wenig, AP China's Foreign Minister Wang Yi addresses the 73rd session of the United Nations General Assembly, at U.N. headquarters, Friday, Sept. 28, 2018. China's Foreign Minister Wang Yi addresses the 73rd session of the United Nations General Assembly, at U.N. headquarters, Friday, Sept. 28, 2018. Photo: Richard Drew, AP China's Foreign Minister Wang Yi addresses the 73rd session of the United Nations General Assembly, at U.N. headquarters, Friday, Sept. 28, 2018. China's Foreign Minister Wang Yi addresses the 73rd session of the United Nations General … [Read more...] about China says it won’t be pushed around by US on trade
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China, at UN, says it won’t be ‘blackmailed’ on trade
UNITED NATIONS (AP) — Tangled in an escalating trade dispute with the United States, China's top diplomat insisted Friday that his country "will not be blackmailed" or bow to pressure."Protectionism will only hurt oneself, and unilateral moves will bring damage to all," Foreign Minister Wang Yi told the U.N. General Assembly gathering of world leaders.He spoke in a week when Washington and Beijing both raised tariffs on each other's products, and U.S. President Donald Trump alleged that China is meddling in the upcoming U.S. midterm elections because it opposes his trade policies. China denies the claim, and Wang did not address the issue in his speech."China will not be blackmailed or yield to pressure," Wang said, describing his country's moves as defending not just its own interests but the system of global trade. Noting that China spent more than a decade negotiating its membership in that system, he said his country has fulfilled its promises and is committed to resolving … [Read more...] about China, at UN, says it won’t be ‘blackmailed’ on trade
The Latest: China slams unilateral moves
UNITED NATIONS (AP) — The Latest on the United Nations General Assembly (all times local): 11 a.m. China's Foreign Minister Wang Yi says relations between nations should be "based on credibility, not on willful revocation of commitment" as his country and the United State remain locked in a dispute over trade. Wang told the U.N. General Assembly on Friday that China spent more than a decade negotiating its membership of the global trading system and has "fulfilled its promises and integrated itself into the world financial system." He stressed Beijing's commitment to multilateralism, adding that "unilateral moves will bring damage to all", a reference to resolving disputes within the framework of the World Trade Organization. Wang criticized the imposition of tariffs and insisted that "China will not be blackmailed or yield to pressure." ___ 10:30 a.m. Two of Macedonia's closest neighbors are welcoming the country's upcoming referendum on changing its name. Bulgaria's Prime … [Read more...] about The Latest: China slams unilateral moves
China, Russia to speak at UN as they face US allegations
Jennifer Peltz and Frank Jordans, Associated Press Updated 7:53 am PDT, Friday, September 28, 2018 Russian Foreign Minister Sergey Lavrov, center, gestures to Russian Ambassador to the U.N. Vassily Nebenzia as he attends a meeting of the United Nations Security Council during the 73rd session of the U.N. General Assembly, at U.N. headquarters, Thursday, Sept. 27, 2018. less Russian Foreign Minister Sergey Lavrov, center, gestures to Russian Ambassador to the U.N. Vassily Nebenzia as he attends a meeting of the United Nations Security Council during the 73rd session of the U.N. ... more Photo: Jason DeCrow, AP Members of the media gather at the United Nations headquarters during the 73rd session of the United Nations General Assembly, Thursday, Sept. 27, 2018. Members of the media gather at the United Nations headquarters during the 73rd session of the United Nations General Assembly, Thursday, Sept. 27, … [Read more...] about China, Russia to speak at UN as they face US allegations
China, You’re An Embarrassment On Trade
Opinion China’s recent effort to pose as the world’s savior on free trade may work in a country where the government controls the public’s access to information, but the rest of the world isn’t buying it. China has spent decades flagrantly engaging in unfair trade practices, including intellectual property theft, state subsidies of business, and barriers to foreign competitors. And, as the old saying goes, actions speak louder than words. To the surprise of many, the trade war with China hasn’t halted America’s strong economic momentum. The stock market didn’t even flinch when the recent round of tariffs went into effect on September 24, unemployment continues to fall and economic growth is surging. China, on the other hand, is showing signs of weaker economic growth, slowing investment, and deteriorating profits. Rather than embarrassing itself by peddling its propaganda around the globe, China would be better off putting … [Read more...] about China, You’re An Embarrassment On Trade