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China Says U.S. Damaging Global Trade with Huawei Sanctions

China Says US Damaging Global Trade With Huawei Sanctions

BEIJING – China accused Washington of harming global trade with sanctions that threaten to cripple tech giant Huawei and said on Tuesday it would protect Chinese companies but gave no indication of possible retaliation. Rules confirmed by the U.S. Department of Commerce on Monday prevent suppliers from using U.S. technology …

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Tehran Warns UNSC Members Not to Fall Into US’ Trap

Tehran warns UNSC members not to fall into US’ trap

TEHRAN – A spokesman for the Iranian Foreign Ministry has noted that the United States is seeking to undermine the body through its draft resolution on extending the arms embargo to Iran. “Regarding the extension of the arms embargo by Iran, I have to say that this issue is a …

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European Stocks Rise on U.S. Stimulus Optimism, China Recovery

European Stocks Rise on U.S. Stimulus Optimism, China Recovery

WASHINGTON – European stocks rallied, extending last week’s gains as investors focused on stimulus talks in the United States and embracing improving economic data outside China, Bloomberg reported Monday. The Stoxx Europe 600 index gained 0.2% at the opening, led by banks and miners. Suez SA climbed to 3.5% after …

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China Does Not Want to Replace US As the Superpower: FM

China says it does not want to replace US as world's top power

BEIJING – Chinese Foreign Minister Wang Yi stressed that China does not want to deviate from the United States from its position as a superpower. The country’s top diplomat made the comments in an interview with the state-run Xinhua News Agency on Wednesday, August 5. The interview marked the first …

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