-
M23 militia says to pull out of key DR Congo city at US's request
-
Thousands of glaciers to melt each year by mid-century: study
-
China to impose anti-dumping duties on EU pork for five years
-
Nepal starts tiger census to track recovery
-
Economic losses from natural disasters down by a third in 2025: Swiss Re
-
Indonesians reeling from flood devastation plea for global help
-
Timeline: How the Bondi Beach mass shooting unfolded
-
On the campaign trail in a tug-of-war Myanmar town
-
Bondi Beach suspect visited Philippines on Indian passport
-
Kenyan girls still afflicted by genital mutilation years after ban
-
Djokovic to warm up for Australian Open in Adelaide
-
Man bailed for fire protest on track at Hong Kong's richest horse race
-
Men's ATP tennis to apply extreme heat rule from 2026
-
10-year-old girl, Holocaust survivors among Bondi Beach dead
-
Steelers edge towards NFL playoffs as Dolphins eliminated
-
Australian PM says 'Islamic State ideology' drove Bondi Beach gunmen
-
Canada plow-maker can't clear path through Trump tariffs
-
Bank of Japan expected to hike rates to 30-year high
-
Cunningham leads Pistons past Celtics
-
Stokes tells England to 'show a bit of dog' in must-win Adelaide Test
-
EU to unveil plan to tackle housing crisis
-
EU set to scrap 2035 combustion-engine ban in car industry boost
-
Australian PM visits Bondi Beach hero in hospital
-
'Easiest scam in the world': Musicians sound alarm over AI impersonators
-
'Waiting to die': the dirty business of recycling in Vietnam
-
Asian markets retreat ahead of US jobs as tech worries weigh
-
Famed Jerusalem stone still sells despite West Bank economic woes
-
Trump sues BBC for $10 billion over documentary speech edit
-
Chile follows Latin American neighbors in lurching right
-
Will OpenAI be the next tech giant or next Netscape?
-
Khawaja left out as Australia's Cummins, Lyon back for 3rd Ashes Test
-
Australia PM says 'Islamic State ideology' drove Bondi Beach shooters
-
Scheffler wins fourth straight PGA Tour Player of the Year
-
New APAC Partnership with Matter Brings Market Logic Software's Always-On Insights Solutions to Local Brand and Experience Leaders
-
Security beefed up for Ashes Test after Bondi shooting
-
Wembanyama blocking Knicks path in NBA Cup final
-
Amorim seeks clinical Man Utd after 'crazy' Bournemouth clash
-
Man Utd blow lead three times in 4-4 Bournemouth thriller
-
Stokes calls on England to 'show a bit of dog' in must-win Adelaide Test
-
Trump 'considering' push to reclassify marijuana as less dangerous
-
Chiefs coach Reid backing Mahomes recovery after knee injury
-
Trump says Ukraine deal close, Europe proposes peace force
-
French minister urges angry farmers to trust cow culls, vaccines
-
Angelina Jolie reveals mastectomy scars in Time France magazine
-
Paris Olympics, Paralympics 'net cost' drops to 2.8bn euros: think tank
-
Chile president-elect dials down right-wing rhetoric, vows unity
-
Five Rob Reiner films that rocked, romanced and riveted
-
Rob Reiner: Hollywood giant and political activist
-
Observers say Honduran election fair, but urge faster count
-
Europe proposes Ukraine peace force as Zelensky hails 'real progress' with US
| SCS | 0.12% | 16.14 | $ | |
| CMSC | -0.06% | 23.286 | $ | |
| JRI | -0.33% | 13.515 | $ | |
| CMSD | -0.09% | 23.345 | $ | |
| GSK | -1.05% | 48.73 | $ | |
| BCC | 0.92% | 76.03 | $ | |
| NGG | -0.45% | 75.69 | $ | |
| RYCEF | -0.68% | 14.8 | $ | |
| RIO | 0.41% | 76.13 | $ | |
| RELX | -0.61% | 40.83 | $ | |
| BCE | -0.49% | 23.495 | $ | |
| VOD | 0.04% | 12.705 | $ | |
| BTI | -0.69% | 57.342 | $ | |
| AZN | -0.86% | 90.775 | $ | |
| RBGPF | 4.1% | 81 | $ | |
| BP | -4.21% | 33.825 | $ |
China defends Russian oil purchases, slams US 'bullying'
China said Thursday that its purchases of Russian oil were "legitimate" and decried recent "unilateral bullying" measures by the United States as the trade row between the two countries continues to intensify.
The rebuke came after President Donald Trump said Wednesday that Indian Prime Minister Narendra Modi had promised to stop buying Russian oil, and that he would get China to follow suit.
Trump has accused both China and India of funding the three-year Ukraine war through the purchases, and has also demanded that European allies immediately stop buying oil from Russia.
India neither confirmed or denied it was shifting its policy.
Asked on Thursday about Trump's intention to pressure China further, Beijing's foreign ministry defended its "normal, legitimate economic, trade, and energy cooperation with countries around the world, including Russia".
"The actions of the United States are a typical example of unilateral bullying and economic coercion," ministry spokesman Lin Jian said at a press briefing.
If China's interests are harmed, it will "take firm countermeasures and resolutely safeguard its sovereignty", he warned.
Beijing and Moscow are key trading partners, and China has never denounced Russia's war, nor called for it to withdraw its troops.
Kyiv and Western governments have long accused Beijing of providing political and economic support for Moscow.
- 'Profoundly detrimental' -
Beijing on Thursday also criticised recent US moves to expand export controls and impose new port fees on Chinese ships, saying the measures had a "profoundly detrimental" impact on trade talks between the two superpowers.
While tensions between Washington and Beijing have de-escalated from their peak, the truce remains shaky.
After Beijing imposed fresh controls on the export of rare earth technologies and items, Trump said he would roll out an additional 100-percent tariff on the country's goods from November 1.
The United States announced in April it would begin applying fees to all arriving Chinese-built and operated ships after a "Section 301" investigation found Beijing's dominance in the industry was unreasonable.
Section 301 of the US Trade Act of 1974 enables Washington to impose trade penalties on countries whose practices are deemed unfair or harmful to American commerce.
Beijing responded last week by announcing "special port fees" on American ships arriving at Chinese ports. Both sets of fees took effect Tuesday.
Commerce ministry spokeswoman He Yongqian said Thursday the US moved ahead with the measures while "disregarding China's sincerity in consultations", causing "severe damage to China's interests... (and) a profoundly detrimental impact".
"The Chinese side expresses strong dissatisfaction with and resolutely opposes the series of actions taken by the US side," He Yongqian said.
She urged Washington to "immediately rectify its erroneous practices" and respect the outcomes of recent trade talks.
China's commerce minister Wang Wentao accused the US of sparking the latest trade row during a meeting with Apple CEO Tim Cook in Beijing.
"Maintaining the overall stability of China-US trade ties requires both sides to meet halfway," Wang told the visiting American CEO according to a ministry readout.
"Maintaining the overall stability of China-US trade ties requires both sides to meet halfway," Wang said, adding that China welcomed deeper investment from Apple and remained open to foreign firms.
Ferreira--PC