Diplomatic Channel

Chinese ambassador to Egypt presents credentials to AL chief

CAIRO — China’s new ambassador to Egypt Liao Liqiang presented on Wednesday his credentials to Secretary General of the Arab League (AL) Ahmed Aboul Gheit. Liao said that China and the AL hold the comprehensive strategic partnership and China has paid high attention to the AL which plays an important role in regional and international […]

Business

Oil rises for 5th session as stockpiles fall

(NEW YORK) – Oil prices rose for a fifth day on Wednesday, supported by a drop in U.S. inventories and investor expectations that the U.S. Federal Reserve will lower borrowing costs for the first time since the financial crisis more than a decade ago. Brent crude futures LCOc1, the international benchmark for oil prices, were […]

Business

United States to discuss more on trade with China

(SHANGHAI) – American and Chinese negotiators agreed to meet again in the United States in September after holding “frank” and “constructive” talks in Shanghai on Wednesday, state media said following meetings overshadowed by a Twitter tirade from President Donald Trump. US Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer met with Vice Premier Liu […]

Politics

China, Burkina Faso to strengthen parliamentary exchanges

China and Burkina Faso on Tuesday agreed to enhance parliamentary exchanges. The consensus was reached between Li Zhanshu, chairman of the Standing Committee of the National People’s Congress (NPC), and Alassane Bala Sakande, speaker of the National Assembly of Burkina Faso. Hailing the political decision made by Burkina Faso to resume diplomatic ties with China […]

Security

India shoots down satellite in space

Prime Minister Narendra Modi said India had shot down a satellite in space on Wednesday with an anti-satellite missile, hailing the test as a major breakthrough in its space program.Modi made the announcement in a television address to the nation. He said India would only be the fourth country to have used such an anti-satellite […]