President Donald Trump has signed an executive order extending a trade truce with China for an additional 90 days, delaying potential tariff increases that could escalate tensions between the two economic superpowers.
A Chinese naval flotilla arrived in Vladivostok to participate in the China-Russia "Joint Sea-2025" naval exercise, with commanders from both sides emphasizing their strong partnership and commitment to regional peace. The exercise will involve various drills, including submarine support, air defense, and anti-ship combat, as part of an annual cooperation plan not directed at any third party.
China and India are poised to strengthen cooperation through the Shanghai Cooperation Organization, aiming to boost solidarity among Global South nations and address shared challenges. This comes as India's Prime Minister is expected to visit China, signaling a potential turning point in their relationship and a renewed focus on multilateralism.
The Chinese Embassy in Britain criticized the G7's remarks on Hong Kong, calling them interference in China's internal affairs and supporting Hong Kong's law enforcement actions. The embassy condemned the G7's comments on arrest warrants and urged the countries to stop interfering and supporting criminals.
FedEx CEO Rajesh Subramaniam highlighted the critical importance of maintaining a stable trade relationship between the U.S. and China, stating that China's economic growth is essential for global prosperity. A recent delegation to Beijing reinforced the view that China remains a vital market for U.S.
The China Coast Guard took action to expel a Japanese fishing vessel that had illegally entered the territorial waters surrounding the Diaoyu Islands, a disputed territory, between August 1st and 4th.
The PLA Navy's fourth Type 075 amphibious assault ship, the Hubei, has commenced maritime training exercises in the South China Sea, showcasing its capabilities alongside other amphibious vessels like the Type 071 and the Hainan.
At the BRICS Summit in Rio de Janeiro, China announced the "Digital South" initiative, promising 200 training programs on digital economy and AI for Global South countries over the next five years. Premier Li Qiang emphasized the need for expanded cooperation in emerging areas and a strengthened multilateral system to address global economic challenges.
In Beijing, Chinese Foreign Minister Wang Yi and Croatian Foreign Minister Gordan Grlić Radman discussed strengthening ties, aligning the Belt and Road Initiative, and boosting economic cooperation, reflecting Croatia's efforts to diversify its markets.
In July, China's exports experienced a notable increase of 7.2% compared to the previous year, with imports also rising significantly, as businesses capitalized on a temporary pause in U.S.-China trade tensions. However, analysts caution that these figures are partly due to the low comparison base from the previous year, as exports to the U.S. saw a sharp decline.
Intel's CEO, Tan Lip-Bu, is currently in discussions with the U.S. government following President Trump's request for his resignation due to concerns regarding his connections with Chinese businesses. Tan refuted these allegations, asserting his commitment to legal and ethical standards throughout his 40-year career in the tech industry.
The 34th meeting of the India-China border affairs working mechanism took place in New Delhi, with both sides discussing border management, negotiations, and cooperation, and agreeing to maintain communication to ensure peace. This meeting signals a commitment to improving relations and implementing previous agreements, despite existing challenges.
During economic and trade talks in Stockholm, China and the U.S. agreed to enhance cooperation, reduce misunderstandings, and strive for win-win outcomes, recognizing the importance of a stable economic relationship for both countries and global stability. Both sides will continue working to resolve differences and extend tariff pauses, guided by the consensus of their leaders.
The Chinese PLA Southern Theater Command conducted combat readiness patrols near Huangyan Dao, deploying advanced warships and aircraft including Su-30 fighter jets and H-6K bombers. These patrols, part of intensified efforts since July, aim to assert control and safeguard national interests in the South China Sea.
During a recent White House visit, Philippine President Marcos Jr. encountered a stark contrast in US foreign policy approaches to China, with former President Trump downplaying Beijing's aggression compared to the Biden administration's more assertive stance. This difference in approach risks emboldening China's expansionist ambitions in the Indo-Pacific region.
China's Foreign Ministry Spokesperson, Guo Jiakun, reiterated China's consistent stance on economic and trade issues during a press conference in Beijing. He expressed China's hope for the U.S. to work together, building on existing agreements and fostering dialogue to promote a stable and mutually beneficial relationship.
As China and the U.S. prepare for trade talks in Sweden, Beijing will advocate for equal dialogue and mutually beneficial cooperation to stabilize economic ties. The global community hopes for progress, but analysts caution against concessions that undermine the international trading system, emphasizing China's commitment to its principles.
China and the U.S. are seeking to improve economic ties and extend a tariff truce, emphasizing cooperation and dialogue to achieve mutually beneficial outcomes. Despite trade tensions, both sides recognize the importance of stable relations for global economic stability and are working to find solutions.
China's top legislator Zhao Leji emphasized the importance of enhancing the China-Switzerland innovative strategic partnership during his official visit to Switzerland. The discussions focused on mutual respect, economic cooperation, and a commitment to multilateralism, as both nations celebrate 75 years of diplomatic relations.
Following economic and trade talks in Stockholm, China's Li Chenggang, highlighted in-depth and candid discussions with the U.S. on crucial economic topics, emphasizing the importance of stable relations. The talks included reviews of past agreements and a focus on extending tariff pauses, with both sides agreeing to maintain close communication to promote healthy bilateral trade.
