BEIJING: China's foreign ministry on Friday (Jun 9) said 'spreading rumours and slander' is a common tactic of the United States, following a media report that Beijing has reached a deal with Cuba to set up an el
BEIJING: China's foreign ministry on Friday said"spreading rumours and slander" is a common tactic of the United States, following a
Citing US officials familiar with classified intelligence, the Wall Street Journal said such a spy installation would allow Beijing to gather electronic communications from the southeastern United States, home to many US military bases, as well as monitor ship traffic. John Kirby, spokesperson for the White House National Security Council, told Reuters on Thursday that the report was"not accurate", but did not say what he thought was inaccurate.
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China to establish spy facility in Cuba off southeastern US, reports WSJAn electronic eavesdropping facility will reportedly be set up on the island, roughly 160km from Florida in the US. Read more at straitstimes.com.
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China's biggest state banks cut interest rates on yuan depositsBEIJING : China's biggest banks on Thursday said they have lowered their interest rates on yuan deposits, action that could ease pressure on profit margins and make room for reduced lending costs. Industrial and Commercial Bank of China Ltd, Agricultural Bank of China Ltd, Bank of China Ltd and China Cons
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China's biggest state banks cut interest rates on yuan depositsBEIJING: China's biggest banks on Thursday (Jun 8) said they have lowered their interest rates on yuan deposits, action that could ease pressure on profit margins and make room for reduced lending costs. Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China and China Constructi
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Havana denies report of plans for Chinese spy base in CubaHAVANA: The Havana government on Thursday (Jun 9) denied United States news reports that it has reached a deal for China to set up a spying base in Cuba, just off American shores. Cuba's deputy foreign minister said the reports by The Wall Street Journal and CNN were 'mendacious and unfounded'. The White H
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Ex-minister urges Beijing to lead in setting global EV battery standardsBEIJING/SHANGHAI : China should standardise requirements for electric vehicle (EV) batteries in order to keep its edge over other markets such as the U.S. and Europe in the rapidly growing industry, the country's former industry minister said on Friday.'Europe and the United States are ramping up efforts
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China willing to deepen cooperation with UK financial sector -state mediaBEIJING : China's Vice President Han Zheng said on Thursday the country is willing to deepen cooperation with the British financial sector and promote sound development of bilateral economic and trade relations, state media reported.Meeting with Nicholas Lyons, the lord mayor of London, in Beijing, Han sa
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