The Chinese government is investing tens of billions of dollars as part of an ambitious economic plan to rebuild ports, roads and rail networks. China’s President Xi Jinping has pledged $124bn (£96bn) for the scheme, known as the Belt and Road initiative. “Trade is the important engine of economic development,” Mr Xi said at a … Read more
US President Donald Trump has accepted his counterpart Xi Jinping’s invitation to make a visit to China, said Secretary of State Rex Tillerson. Mr Trump is hosting the Chinese president for a two-day visit at his Mar-a-Lago estate in Florida. Last year Mr Trump said China had “raped the US” and vowed to brand the … Read more
US President Donald Trump has welcomed Chinese President Xi Jinping to his Florida resort for their first summit. Mr Trump said the two men had “developed a friendship” as they sat for dinner at his Mar-a-Lago retreat. The American leader is expected to press his counterpart for action on North Korea, and Mr Xi to … Read more
US President Donald Trump is set to hold his first meeting with Chinese President Xi Jinping, in a high-stakes summit for both leaders. The heads of the world’s two biggest economies will hold the bilateral at Mr Trump’s Mar-a-Lago retreat in Florida. The American leader is expected to press his counterpart for action on North … Read more
North Korea’s state media says its military has tested a new high-performance rocket engine. Leader Kim Jong-un declared the test “a new birth” for the North’s rocket industry, state news agency KCNA said. He said the engine would help North Korea achieve world-class satellite launch capability, it added. The development, not confirmed elsewhere, comes as … Read more