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Gina Raimondo wants to improve commercial ties and communication between the two countries, but says there is “no room to compromise or negotiate” on restrictions the U.S. has imposed for national security reasons.
Guatemala can best serve its own interests by switching recognition from Taipei to Beijing, China's foreign ministry said on Monday after the presidential victory of a candidate who has previously said he favours closer commercial ties with mainland China. But Bernardo Arevalo, who was elected on an anti-corruption ticket on Sunday in a result that came as a shock to many observers, has previously said he has no plans to ditch Taiwan. Taiwan on Monday congratulated Arevalo, a 64-year-old former
China's unexpectedly poor export performance as revealed on Tuesday is still largely down to wider economic headwinds. Official data showed a 14.5% drop in July exports amid weak consumer demand in the world markets served by China - the fastest decline since the pandemic hit in 2020. For now, such cyclical factors outweigh any impact of calls by Western governments for companies to "de-risk" supply chains as a new era of distrust prompts the United States and Europe to cut trade reliance in strategic sectors with China.
Prime Minister Narendra Modi's historic state visit to the United States garners support from the Indian diaspora and US-India Business Council in New York's Times Square.
Saudi Arabia announces billions of dollars in investment deals between China and the Arab world during the China-Arab business conference in Riyadh, strengthening commercial and diplomatic ties.