Tag: US politics

Biden Targets China During State of Union Speech

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BEIJING —  U.S. President Joe Biden on Thursday criticized China’s “unfair economic practices” and insisted he has done a better job standing up to Beijing than did former President Donald Trump, his rival in this year’s presidential election. In his State of the Union address, Biden also touted other aspects of his China policy, including “standing up for peace and stability in the Taiwan Straits” and revitalizing “our partnerships and alliances in the Pacific.” “I’ve made sure that the most advanced American technologies can’t be used in China … frankly…

Trump businesses received millions in foreign payments while he was in office

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Donald Trump “repeatedly and willfully” violated the US constitution by “allowing his businesses to accept millions of dollars from some of the most corrupt nations on Earth”, prominently including China, the top Democrat on the House oversight committee charged on Thursday, unveiling a 156-page report on the matter. Four businesses owned by Trump’s family conglomerate received at least $7.8m in payments in total from 20 countries during his four years in the White House, the report said. It added that the payments probably represented just a fraction of foreign payments…

Joe Biden and Xi Jinping to meet today in first face-to-face meeting in a year – live

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Utah’s Republican senator Mitt Romney has released a statement ahead of Joe Biden’s meeting with Xi Jinping today, urging the Biden administration to be “clear-eyed in its understanding of China’s nefarious economic intentions.” In his statement, Romney said: “Our government cannot continue to chase China with offers of concessions without concrete action from the Chinese Communist party, especially in instances where they have no interest in making meaningful changes to their own behavior in the first place.” <gu-island name="TweetBlockComponent" priority="feature" deferuntil="visible" props="{"element":{"_type":"model.dotcomrendering.pageElements.TweetBlockElement","html":" My statement ahead of President Biden's meeting with…

Xi Jinping in US for first time in six years to meet with Biden and attend summit

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Xi Jinping began his first visit to the United States in six years on Tuesday just after US secretary of state Antony Blinken took a thinly veiled swipe at Beijing by stressing the need for freedoms and rule of law. The Chinese president is on his first visit to the US since 2017. He is due to meet Joe Biden at an undisclosed location in San Francisco on Wednesday morning and then attend the annual summit of the Asia Pacific Economic Cooperation (Apec) forum. Xi’s summit with the US president…

Biden expected to meet with Xi Jinping next month for ‘constructive’ talks

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Joe Biden is expected to meet Chinese leader Xi Jinping on the sidelines of a summit in San Francisco in November for “constructive” talks, the White House said on Tuesday. The comments came days after China’s foreign minister made a rare visit to Washington to pave the way for Xi to meet Biden at the Asia-Pacific Economic Cooperation (Apec) summit. China has not yet confirmed that Xi will come. “We’re aiming to have a constructive conversation, meeting between the leaders in San Francisco in November,” the White House press secretary,…

Aukus will ‘get done’ despite jitters in Congress, Biden tells Albanese at White House meeting

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Joe Biden has played down congressional jitters over the Aukus nuclear-powered submarine deal and has revealed he assured Xi Jinping that the countries involved are not aiming to “surround China”. The US president welcomed the Australian prime minister, Anthony Albanese, to the White House and insisted he was “confident that we’re going to be able to get the money for Aukus because it’s overwhelmingly in our interest”. “So the question is not if, but when,” Biden said during a joint press conference with Albanese in the rose garden on Wednesday…

US orders immediate stop to some AI chip exports to China; Lloyds profits up but lending margins fall – business live

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Reckitt, the maker of Dettol bleach and Finish dishwasher products, has missed sales expectations as revenues dropped 3.6% year-on-year in the third quarter. 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‘A dangerous game’: Republican chaos and indecision as crises shake the world

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The US’s closest ally in the Middle East is reeling from what many call its “9/11” and now a humanitarian disaster looms in Gaza. Winter is approaching in Ukraine, which needs urgent supplies to maintain its counteroffensive against Russia. From China’s expansive ambitions, to coups in Africa, to the climate crisis, the world is crying out for leadership. But on Capitol Hill in Washington, Republicans can’t find one. Friday marked the 10th day of paralysis as the party struggles to elect a speaker of the House of Representatives to replace…

Aukus could weaken China deterrence,

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Doubts about Australia’s willingness to join forces with the US in a war against China are being cited by congressional researchers as a potential obstacle to the Aukus nuclear-powered submarine deal. A new research paper looks at the US plan to sell Australia between three and five Virginia-class submarines in the 2030s but suggests the idea “could weaken deterrence of potential Chinese aggression”. That stage of the deal aims to help Canberra bridge a “capability gap” before Australian-built nuclear-powered submarines begin to enter into service in the 2040s. The paper,…