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Stronger than ever? Chinese fleet marks its 70th anniversary

2 days ago DieselGasoil Comments Off on Stronger than ever? Chinese fleet marks its 70th anniversary
China’s naval forces are celebrating their 70th anniversary. And they definitely have something to celebrate, as the nation’s naval capabilities have grown exponentially over the past decade – and are set to expand even more. The celebrations have been marked with a large maritime parade off the large port city of Qingdao, as well as Read More

On South America’s largest solar farm, Chinese power radiates

2 days ago DieselGasoil Comments Off on On South America’s largest solar farm, Chinese power radiates
JUJUY, Argentina (Reuters) – In an arid, lunar-like landscape in the sunny highlands of northern Argentina, South America’s largest solar farm is rising, powered by funding and technology from China. Guillermo Giralt, technical director of Cauchari Solar, stands next to solar panels at a solar farm, built on the back of funding and technology from Read More

China will keep supporting economy as ‘pressure’ lingers: politburo

6 days ago DieselGasoil Comments Off on China will keep supporting economy as ‘pressure’ lingers: politburo
BEIJING (Reuters) – China will maintain policy support for the economy, which still faces “downward pressure” and difficulties after better-than-expected first quarter growth, a top decision-making body of the Communist Party said on Friday. FILE PHOTO: A worker stands on the scaffolding at a construction site against a backdrop of residential buildings in Huaian, Jiangsu Read More

China’s ‘vast, secret system’ of AI reportedly tracks and controls Uighurs, a largely Muslim minority

1 week ago DieselGasoil Comments Off on China’s ‘vast, secret system’ of AI reportedly tracks and controls Uighurs, a largely Muslim minority
Chinese authorities are harnessing a vast and secretive system of advanced facial recognition technology in order to control and surveil the Uighurs, a largely Muslim minority, according to a new report. Facial recognition technology, which is under fire from racial justice advocates and tech workers in the United States, has the potential to allow the Read More

Exclusive: U.S. waters down demand China ax subsidies in push for trade deal – sources

1 week ago DieselGasoil Comments Off on Exclusive: U.S. waters down demand China ax subsidies in push for trade deal – sources
WASHINGTON/BEIJING (Reuters) – U.S. negotiators have tempered demands that China curb industrial subsidies as a condition for a trade deal after strong resistance from Beijing, according to two sources briefed on discussions, marking a retreat on a core U.S. objective for the trade talks. Chinese staffers adjust U.S. and Chinese flags before the opening session Read More

U.S., China agree to establish trade deal enforcement offices: Mnuchin

2 weeks ago DieselGasoil Comments Off on U.S., China agree to establish trade deal enforcement offices: Mnuchin
WASHINGTON (Reuters) – The United States and China have largely agreed on a mechanism to police any trade agreement the reach, including establishing new “enforcement offices,” U.S. Treasury Secretary Steven Mnuchin said on Wednesday. FILE PHOTO: U.S. Treasury Secretary Steven Mnuchin testifies before a House Financial Services Committee hearing on the “State of the International Read More

Take Five: Panic over? World markets themes for the week ahead

3 weeks ago DieselGasoil Comments Off on Take Five: Panic over? World markets themes for the week ahead
LONDON (Reuters) – Following are the five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. FILE PHOTO: People shop at Macy’s Department store in New York City, U.S., March 11, 2019. REUTERS/Brendan McDermid/File Photo 1/ THE I WORD As the U.S. yield Read More

Trade hopes help world shares gain before U.S. jobs data

3 weeks ago DieselGasoil Comments Off on Trade hopes help world shares gain before U.S. jobs data
LONDON (Reuters) – Cautious optimism over Sino-U.S. trade talks underpinned global stocks on Friday as benchmark bond yields ground higher and lifted the dollar to a three-week high against the yen ahead of U.S. job data. FILE PHOTO – The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, Read More

Trump says U.S-China trade deal may be reached in four weeks

3 weeks ago DieselGasoil Comments Off on Trump says U.S-China trade deal may be reached in four weeks
WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday the United States and China were close to a trade deal that could be announced within four weeks, while warning Beijing that it would be difficult to allow trade to continue without a pact. The two countries are engaged in intense negotiations to end a Read More