China

SHENZHEN, China/SHANGHAI (Reuters) - Huawei Technologies Co Ltd’s third-quarter revenue jumped 27%, driven by a surge in shipments of smartphones launched before a trade blacklisting by the United States expected to hammer its business.

Huawei, the world’s biggest maker of telecom network equipment and the No. 2 manufacturer of smartphones, was all but banned by the United States in May from doing business with American companies, significantly disrupting its ability to source key parts.

HONG KONG (AP) — Hong Kong’s government says the U.S. Congress shouldn’t interfere in the territory’s affairs, after the House passed three bills showing U.S. support for pro-democracy protesters.

A government statement Wednesday defending Hong Kong’s political system came before the territory’s leader, Carrie Lam, was to deliver an annual address laying out her policies.

She wasn’t, however, expected to yield to key demands of protesters who’ve been demonstrating since June.

BEIJING (Reuters) - China’s steel sector fragmentation is worsening, an industry official said on Tuesday, citing unplanned new capacity at small mills undermining government efforts to restructure and merge companies in the huge industry.

Beijing has been trying to consolidate the world’s largest steel market to curb excess capacity and pollution and has set a goal for its top 10 steelmakers to own 60% of production capacity by 2020.

BEIJING, Oct 14 (APP): The pace of shifting global alliances is baffling even the most avid international relations observers. Big powers are abandoning their allies and developing
countries are leaving their neighbors behind to partner with distant nations.

14 October 2019; AFP: Hong Kong's more hardline pro-democracy protesters have embraced increased violence towards private property, businesses and even people, triggering some soul-searching within the movement. But few moderates are willing to abandon their more radical comrades.

Even by the standards of Hong Kong's summer of rage, the last fortnight has been brutal.

BEIJING, Oct. 14 (Xinhua) -- China's foreign trade maintained stable growth in the first three quarters of this year by expanding 2.8 percent year on year, the General Administration of Customs (GAC) said Monday.

Total foreign trade volume reached 22.91 trillion yuan (about 3.23 trillion U.S. dollars) in the first 9 months. Exports expanded 5.2 percent while imports dropped 0.1 percent, GAC data showed.

China saw its trade surplus widen by 44.2 percent year on year to 2.05 trillion yuan during this period.

BEIJING (AP) — China’s trade with the United States fell by double digits again in September amid a tariff war that threatens to tip the global economy into recession.

Exports to the United States, China’s biggest foreign market, fell 17.8% to $36.5 billion, a deterioration from August’s 16% decline, customs data showed Monday. Imports of American goods sank 20.6% from the year before to $10.6 billion, a slight improvement over August’s 22% decline.

TIANJIN, October 12. /TASS/: The Russian Helicopters holding delivered the first Mi-171 helicopter with VK-2500 engines to China. The portfolio of orders for such helicopters amounts to 12, a spokesperson of the Russian company told TASS at the China Helicopter Exposition.

"The first Mi-171 helicopter with VK-2500 engines was supplied to a Chinese customer. Contracts for supply of twelve more helicopters to Chinese customers were signed and are performed," the spokesperson said.

13 October 2019; AFP: The Chinese high-tech companies blacklisted by Washington over alleged ties to rights abuses are rising stars in China's ambitious drive to overtake the United States in the technology sector.

They make surveillance cameras, facial recognition software and other technology that has become ubiquitous in Xinjiang, the heavily policed northwestern region where an estimated one million mostly Muslim minorities, like ethnic Uighurs, are held in internment camps.

BEIJING (Reuters) - Chinese President Xi Jinping warned on Sunday that any attempt to divide China will be crushed, as Beijing faces political challenges in months-long protests in Hong Kong and U.S. criticism over its treatment of Muslim minority groups.

“Anyone attempting to split China in any part of the country will end in crushed bodies and shuttered bones,” he told Nepal’s Prime Minister KP Sharma Oli in a meeting on Sunday, according to China’s state broadcaster CCTV.