China, Philippines to start South China Sea talks this week – ambassador

Trucking News
13 May by

China, Philippines to start South China Sea talks this week – ambassador

China and the Philippines will start bilateral consultations on the disputed South China Sea this week, the Philippine ambassador to Beijing said, as Manila looks to ease tensions with Asia's top economic power. Philippine President Rodrigo Duterte, who is visiting Beijing this weekend to attend a summit on China's new Silk Road plan, has opted to court China for its business and investment and avoid rows over sovereignty that dogged his predecessors.


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Trucking News
13 May by

India skips China’s Silk Road summit, warns of ‘unsustainable’ debt

India has not sent an official delegation to attend the "Belt and Road Forum" in Beijing and instead criticised China's global initiative, warning of an "unsustainable debt burden" for countries involved. Chinese President Xi Jinping is hosting dozens of world leaders and senior officials on Sunday for the country's biggest diplomatic showcase of the year, touting his vision of a new "Silk Road" that opens trade routes across the globe. Government officials from New Delhi did not travel, Indian officials said, although scholars from Indian think-tanks have flown to Beijing to attend some of the meetings at the forum.


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13 May by

Germany demands more free trade guarantees on China Silk Road plan – minister

Germany demands more free trade guarantees on China Silk Road plan - minister

Germany warned on Sunday it will not sign a joint statement at China's Belt and Road initiative if a pact doesn't include guarantees on free trade and fair competition, the nation's minister of economic affairs and energy said. The remarks by Brigette Zypries were some of the most outspoken by a government minister as leaders from 29 countries gathered for the forum.


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Trucking News
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Trucking News
Trucking News
13 May by

N.Korea fires missile days after new S.Korea leader pledges dialogue

North Korea fired a ballistic missile on Sunday in defiance of calls to rein in its weapons programme, South Korean and U.S. officials said, days after a new leader took office in the South, pledging to engage it in dialogue. The U.S. Pacific Command said it was assessing the type of missile but it was "not consistent with an intercontinental ballistic missile". The missile flew 700 km (430 miles) and reached an altitude of more than 2,000 km (1,245 miles), according to officials in South Korea and Japan, further and higher than an intermediate-range missile North Korea successfully tested in February from the same region of Kusong, northwest of its capital, Pyongyang.


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