US Vice President Joe Biden said on Friday that Washington does not accept China's new air defence zone over disputed islands in the East China Sea.
"I was absolutely clear on behalf of my president: We do not recognize t
Brent crude jumped on Monday and hit its highest price since September, boosted early by strong manufacturing data from China and the United States, then rising further on reports that several Russian cargo cancellations had tightened supply.
Saudi Basic Industries Corporation (Sabic) has opened its state-of-the-art Sabic Technology Center (STC) in Shanghai, built with an initial investment of $100 million.
The centre, one of Sabic’s 17 Sabic global R&D cente
US airlines United , American and Delta, have notified Chinese authorities of flight plans when travelling through an air defence zone Beijing has declared over the East China Sea, following US government advice.
The zone has rais
The United States on Friday advised US commercial airlines to notify Chinese authorities of flight plans over the East China Sea although a US administration official said that did not mean Washington accepted China's new rules.
China's new air defence zone, stretching far into East Asia's international skies, is an historic challenge to the United States, which has dominated the region for decades, say experts.
For years, Chinese naval officers h
The US State Department has extended six-month Iran sanctions waivers to China, India, South Korea and other countries in exchange for their reducing purchases of Iranian crude oil earlier this year.
The waivers had been expected.
Two unarmed US B-52 bombers on a training mission flew over disputed islands in the East China Sea without informing Beijing, defying China's declaration of a new airspace defense zone and raising the stakes in a territorial standoff.
China will build power plants in Yemen with total output capacity of 5,000 megawatts and expand the Arab country's main container ports, the Yemeni president said after his return from a visit to China, state news agency Saba reported.
China unwrapped its boldest set of economic and social reforms in nearly three decades on Friday, relaxing its one-child policy and further freeing up markets in order to put the world's second-largest economy on a more stable footing.