China Hosts Summit On New Silk Road

China opens on Sunday a summit to promote its massive global trade infrastructure project, highlighting Beijing’s ambitions to spearhead a new era of globalisation as Washington shifts toward inward-looking policies. President Xi Jinping will host leaders from 29 nations in Beijing for a two-day forum on his signature foreign policy programme, a revival of the … Read more

Obama Urges China To Tackle Excess Capacity

US President Barack Obama has urged China to accelerate measures to tackle overproduction of industrial goods. China has been accused of unfair practices by firms overseas for dumping products at low prices in their home markets. In April, China promised to reduce its steel output, following a crisis meeting attended by 30 nations. The President … Read more