BRUSSELS/BEIJING (Reuters) – China promised the European Union on Monday it would hold on to its euro zone debt, Chinese state media reported, saying the Greek debt crisis was Beijing’s problem too.
The comments by China’s Premier Li Keqiang just before a China-EU summit in Brussels appeared aimed at soothing European financial markets that took fright at the growing risk that Greece will leave the euro.
BEIJING, June 29 (Reuters) – China will hold over a quarter
of the votes in the new Asian Infrastructure Investment Bank
(AIIB), its finance ministry said on Monday, giving it a veto in
some key decisions despite Beijing insisting it will not have
Delegates from 57 countries gathered in Beijing to witness
the signing of the articles of agreement for the Chinese-led
development bank, which is expected to rival institutions such
as the World Bank and the Asian Development Bank.
BEIJING (Reuters) – Changing position on China’s claims over the South China Sea would shame its ancestors, while not facing up to infringements of Chinese sovereignty there would shame its children, Foreign Minister Wang Yi said on Saturday.
China has become increasingly assertive in the South China Sea, building artificial islands in areas over which the Philippines and other countries have rival claims, sparking alarm regionally and in Washington.
China on Friday warned organisers of the Glastonbury Festival that inviting exiled Tibetan spiritual leader the Dalai Lama to visit one of Europe’s largest music festivals was tantamount to giving him a platform to engage in anti-China activities.
BEIJING, June 26 (Reuters) – China offered a vote of
confidence in the euro zone on Friday, saying that it was sure
Greece’s talks with creditors to avoid defaulting on its debt
would go positively, ahead of Premier Li Keqiang’s visit to
Europe next week.
Having failed to clinch a deal with its international
creditors a day earlier, Greece is gearing up for a last-ditch
effort on Saturday to avert as default, with a repayment to the
International Monetary Fund falling due next week.
BEIJING (Reuters) – Western countries have a lack of appreciation about China’s sacrifices and contributions during World War Two, a senior official said on Tuesday, as the government outlined plans for a military parade through central Beijing to mark the war’s end.
Sino-Japan relations have long been affected by what China sees as Japan’s failure to atone for its occupation of parts of the country before and during the war, and Beijing rarely misses an opportunity to remind its people and the world.
A county in the heavily Muslim southern part of China’s unruly region of Xinjiang has held a beer festival in the run-up to the holy month of Ramadan, the government said, in what an exiled group called an open provocation.
China inaugurated a new land crossing into Tibet on Monday for Indian pilgrims who wish to visit one of the holiest sites in both Hinduism and Buddhism, state media said, as the two countries seek to set aside differences and improve ties.
HONG KONG/BEIJING, June 19 (Reuters) – Hong Kong’s leader
extended an olive branch of economic stimulus to the city a day
after lawmakers vetoed a Beijing-backed electoral reform
package, a move economists warned could undermine business in
the Asian financial hub.
Chief Executive Leung Chun-ying said he would bring a series
of economic initiatives to lawmakers next week, and called for
BEIJING (Reuters) – Chinese state media lashed out at Hong Kong’s opposition pro-democracy lawmakers on Friday after the legislature in the financial hub vetoed a Beijing-backed electoral reform package.
The rejection was a rare instance of Hong Kong, the former British colony that reverted to Chinese rule in 1997, voting so heavily against a proposal endorsed by China’s central legislature.