US to veto multilateral bank financing to Chinese companies in BRI countries

(FILE) Chinese President Xi Jinping meets with Colombian President Gustavo Petro at the Great Hall of the People in Beijing, China, 14 May 2025. EFE/EPA/XINHUA / HUANG JINGWEN CHINA OUT / UK AND IRELAND OUT / MANDATORY CREDIT EDITORIAL USE ONLY

Washington, May 15 (EFE) – The United States announced Thursday that it “strongly opposes” funding by international financial institutions for Chinese-controlled companies operating in Colombia and other Belt and Road Initiative countries in the region. “The US will strongly oppose recent projects and disbursements by the IDB and other IFIs for Chinese state-owned and … Read more

US, China make “substantial progress” in tariff negotiations

US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer leaving the Geneva residence where they met with the Chinese delegation May 11, 2025. EFE/ Isabel Sacó

Geneva, May 11 (EFE). – The United States and China made “substantial progress” in their first negotiations since the trade war broke out, Treasury Secretary Scott Bessent said Sunday at the end of a two-day meeting between senior officials from both countries in Geneva. In a brief appearance alongside Trade Representative Jamieson Greer, both praised … Read more

Trump pauses tariffs for 90 days on non-retaliatory countries, escalates pressure on China

White House Press Secretary Karoline Leavitt (C-L) and US Treasury Secretary Scott Bessent (C-R) speak to the media outside the White House in Washington, DC, USA, Apr. 9, 2025. EFE/EPA/WILL OLIVER

Washington, (EFE) – United States President Donald Trump announced Wednesday a 90-day suspension of reciprocal tariffs for countries that have not retaliated against his latest trade measures and have instead sought a negotiated solution. “I’ve authorized a 90-day PAUSE and a substantial reduction in tariffs during this period, down to 10%, also with immediate effect,” … Read more

White House confirms 104% tariffs on Chinese imports to take effect Wednesday

People walk on a street near screens showing stock exchange and economic data in Shanghai, China, Apr. 7, 2025. EFE/EPA/ALEX PLAVEVSKI

Washington, (EFE).- The White House confirmed Tuesday that starting at 12:01 am local time on Wednesday, the United States tariffs on Chinese imports will spike to 104%, making a significant escalation in the trade standoff between the world’s two largest economies. The increase comes as United States President Donald Trump enacts an additional 50% duty … Read more

Trump gives TikTok another 75 days to divest from China’s ByteDance in US

(FILE). US President Donald Trump gestures as he departs the White House, in Washington, DC, US, 03 April 2025. EFE/EPA/FRANCIS CHUNG / POOL

Washington (EFE).- United States President Donald Trump on Friday gave TikTok an additional 75 days to reach a deal with US companies to divest from China’s ByteDance and continue operating within the US. “My istration has been working very hard on a Deal to SAVE TIKTOK, and we have made tremendous progress. The Deal requires … Read more

Rare earths, controlled by China, are increasingly driving US geostrategy

(FILE) Mining excavators and trucks operate at Vostsibugol open pit mine, near the Siberian town of Tulun, Irkutsk region, Russia Dec. 6, 2023 EFE/EPA/MAXIM SHIPENKOV

Madrid, Feb 15 (EFE). – United States mediation in the conflict between Russia and Ukraine highlights Washington’s concern about the scarcity of rare earths, which have multiple applications in electronic and industrial materials and processes. In the past five years, the market for critical minerals has doubled to 320 billion dollars and will likely double … Read more

Washington Zoo unveils its new pandas, resulting from an agreement with China

Photo provided by the National Smithsonian Zoo of the two new giant pandas, Bao Li and Qing Bao. January 24, 2025. EFE/ Smithsonian National Zoo/Editorial use only/For use in news articles only. (Credit required).

Washington, Jan 24 (EFE).- Washington’s National Zoo presented its new pair of giant panda bears on Friday, which arrived in the country as part of a conservation agreement with China. Three-year-old Bao Li and Qing Bao made their public debut at the National Zoo on Friday, after completing the quarantine and adaptation period that began … Read more

China celebrates Dragon Boat Festival under heat wave, rain warnings

Teams compete during a dragon boat race in Lixianghu Township of southwest China's Chongqing Municipality, June 8, 2024. EFE-EPA/XINHUA / Luo Chuan/FILE

Beijing, Jun 10 (EFE).- China was celebrating the Dragon Boat Festival on Monday, during which millions of trips are planned, while its National Meteorological Center issued alerts for high temperatures and intense rainfall countrywide. Competitors row back the boat to the start point as rescuers pull rowers out of the water after capsizing during a … Read more

US dismantles Chinese hacking network against critical infrastructure

(FILE) A person uses a laptop in Moers, , January 4, 2019. EFE/SASCHA STEINBACH

Washington, Jan 31 (EFE). – United States authorities announced on Wednesday that they had dismantled a computer hacking network, allegedly linked to the Chinese government, that was aimed at spying on “critical infrastructure” in the United States and other countries. Hundreds of small home and office routers installed across the United States had been hijacked … Read more

Chinese PM calls for multilateralism and international economic coordination

Li Qiang, Prime Minister of the People's Republic of China, speaks during a plenary session in the Congress Hall at the 54th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, 16 January 2024. EFE/EPA/GIAN EHRENZELLER

Davos, Switzerland, Jan 16 (EFE). – Chinese Premier Li Qiang called on Tuesday for greater multilateral coordination on macroeconomic policies, international cooperation on green development, and better North-South cooperation at the World Economic Forum 2024 Annual Meeting in Davos. In his speech at the annual meeting in Switzerland, Li asserted that “lack of trust exacerbates … Read more

Xi, Biden exchange good wishes to mark 45 years of US-China ties

US President Joe Biden listens during a virtual summit with Chinese President Xi Jinping in the Roosevelt Room of the White House in Washington DC, USA, 15 November 2021. EFE-EPA/SARAH SILBIGER / POOL/FILE

Beijing, Jan 1 (EFE).- Chinese President Xi Jinping exchanged congratulatory messages on the 45th anniversary of the establishment of ties between Washington and Beijing with his American counterpart Joe Biden, emphasizing that cooperation and respect are key to their relations. Xi said the relationship between China and the United States, whose establishment marks the 45th … Read more

Philippines says China fired water cannon on its vessel

Philippine Coast Guard BRP Melchora Aquino (MRRV-9702) patrol ship (L) and US Coast Guard Cutter Stratton (WMSL-752) patrol ship (R) maneuver during a search and rescue exercise in the South China Sea, Philippines, 06 June 2023. EFE/EPA/FILE/FRANCIS R. MALASIG

Manila, Nov 10 (EFE).- The Philippines accused China on Friday of firing a water cannon at a ship carrying supplies to a detachment of Filipino soldiers in the disputed waters in the South China Sea. A Chinese Coast Guard (CCG) vessel “deployed a water cannon against Philippine supply vessel M/L Kalayaan in an illegal, though … Read more