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BEIJING (Reuters) - China said on Monday that it will allow local governments to use proceeds from special bonds as capital for major investment projects, in a bid to support the slowing economy amid an escalating trade war with the United States. Local governments should use special bonds for major projects including highways, gas...
WELLINGTON (Reuters) - New Zealand’s Court of Appeal on Tuesday ordered the government to reassess its decision to extradite a man to China to face murder charges due to human rights risks. In New Zealand’s first extradition case involving the Asian giant, Justice Minister Andrew Little will have to reconsider the extradition of New...
WASHINGTON/BEIJING (Reuters) - U.S. President Donald Trump said on Monday he was ready to impose another round of punitive tariffs on Chinese imports if he cannot make progress in trade talks with China’s President at a Group of 20 summit later this month. Since two days of talks to resolve the U.S.-China trade dispute...
PARIS (Reuters) - Fiat Chrysler Automobiles NV and Renault SA are looking for ways to resuscitate their collapsed merger plan and secure the approval of the French carmaker’s alliance partner Nissan Motor Co Ltd , according to several sources close to the companies. Nissan is poised to urge Renault to significantly reduce its 43.4%...
BEIJING (Reuters) - China’s exports unexpectedly returned to growth in May despite higher U.S. tariffs, but imports fell in a further sign of weak domestic demand that could prompt Beijing to step up stimulus measures. Some analysts suspected Chinese exporters may have rushed out U.S.-bound shipments to avoid new tariffs on $300 billion of...
LONDON (Reuters) - Britain must stop financing fossil fuel projects abroad by 2021 as it undermines the nation’s efforts to combat climate change, a report by lawmakers said on Monday. The report, which targets financial support provided by the UK Export Finance (UKEF) agency, was published as Britain debates plans to set tougher climate...
NEW DELHI (Reuters) - From ferry services and port terminals to a new national cricket stadium, Indian Prime Minister Narendra Modi is likely to come bearing gifts on his visit to neighbours Sri Lanka and the Maldives this weekend. Modi’s first overseas trip after winning a second term is being...
BUENOS AIRES (Reuters) - Brazilian President Jair Bolsonaro said on Thursday the Mercosur bloc of South American countries will soon sign a trade deal with the European Union, and he thanked Argentine President Mauricio Macri for his role in pushing for the commercial pact. Speaking in Buenos Aires, Bolsonaro also asked Argentine...
TAIPEI (Reuters) - Apple supplier Foxconn is planning to overhaul its management structure to get more senior executives involved in the running of its daily operations, a person with direct knowledge of the matter told Reuters. The move to appoint a new “operations committee” comes as Chairman and...
WASHINGTON (Reuters) - The United States is pursuing the sale of more than $2 billion worth of tanks and weapons to Taiwan, four people familiar with the negotiations said, in a move likely to anger China as a trade war between the world’s two biggest economies escalates. An informal notification of the proposed sale...

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