80% of Russian payments to China are returned to Russia, as major Chinese banks, including ICBC, have stopped accepting Chinese yuan from Russia due to US sanctions.
Zelenskiy thanked Scholz for his leadership and communication with Beijing, saying that China can indeed help restore a just peace in Ukraine.
China's economy grew by 5. 3% in the first quarter of 2024, exceeding expectations and, as indicated in Beijing, laying a good foundation for the whole year, thanks to government stimulus plans and an increase in industrial production, retail sales and fixed asset investment.
Chinese President Xi Jinping proposed holding an international peace conference, recognized by both Ukraine and Russia, to resolve the conflict, outlining four principles for a settlement.
During his talks with German Chancellor Olaf Scholz in Beijing, Chinese President Xi Jinping proposed four principles for the speedy restoration of peace in Ukraine.
During his official visit to China, German Chancellor Olaf Scholz said he would discuss with President Xi Jinping the possibility of promoting a "just peace" in Ukraine.
During his visit to China, German Chancellor Olaf Scholz warned China against supporting Russia in its aggressive war against Ukraine.
German Chancellor Olaf Scholz has begun a three-day visit to China to strengthen ties with its main trading partner amid Beijing's growing support for Moscow.
China is providing significant military assistance to russia in its war against Ukraine, including drone and missile technology, satellite imagery, machine tools and other critical materials for defense production, according to senior U. S. officials.
China strongly condemned Israel's military attack on the Iranian embassy in Syria, and the United States called for deterrent actions against possible retaliation by Iran.
During his visit to China, German Chancellor Olaf Scholz will express concerns about China's support for Russia and Chinese overcapacity, while seeking to mitigate risks without separating from the Chinese economy.
China defends its right to "normal cooperation" with russia, rejects accusations and pressure over the "Ukrainian crisis" and calls for the promotion of peace talks.
Switzerland plans to hold a high-level peace conference on Ukraine in mid-June 2024, which is expected to be attended by US President Joe Biden, as well as representatives of 80-100 countries, mostly from the Global South.
Fitch has downgraded China's credit rating outlook to negative, citing risks to public finances as the economy faces challenges in transitioning to new growth models.
According to White House National Security Advisor Jake Sullivan, the United States has seen no evidence that China is providing direct military assistance to Russia for its war in Ukraine, but has expressed concern about contributions to the Russian defense industry.
China supports holding an international peace conference, recognized by both Russia and Ukraine, with equal participation of all parties to fairly discuss all peace plans, Chinese Foreign Minister Wang Yi said.
David Cameron met with Donald Trump to urge Republicans to support aid to Ukraine amid congressional deadlock over a $60 billion aid package for Kyiv.
The foreign ministers of russia and China met in Beijing to discuss further deepening of cooperation between the two countries and the development of Sino-russian relations.
German Chancellor Olaf Scholz will visit China on April 14-17 to discuss the war in Ukraine with Chinese President Xi Jinping and explore China's potential to influence Russia for a more peaceful resolution of the conflict.
China denies trying to benefit from Russia's war against Ukraine and regulates the export of dual-use goods in accordance with laws and regulations.
U. S. officials warn that China is providing significant assistance to Russia's military-industrial complex, which threatens Ukraine and global security.
NATO Secretary General Stoltenberg discussed the need for more predictable and long-term support for Ukraine, possibly by incorporating the Ukrainian Defense Contact Group into NATO's institutional framework to ensure reliability and commitment.
Biden expressed concerns to Xi about China's support for Russia's war against Ukraine, unfair trade policies, and non-market economic practices that harm American workers.
The Chinese Foreign Ministry stated that China and the European Union are strategic partners whose common interests far outweigh their differences. The Chinese foreign minister also emphasized Beijing's readiness to cooperate with the EU in the economic, trade, scientific, and supply chain spheres in order to contribute to the global economic recovery.
The Philippines has ordered a maritime security beef-up to counter the challenges of territorial disputes with China in the South China Sea amid escalating tensions and mutual accusations.
Despite Western sanctions, russia increased its imports of nitrocellulose, a key ingredient for gunpowder production, by 70% in 2022 from companies in the US, Germany, Taiwan, and other countries.
Taiwan's Foreign Minister Joseph Wu warned that stopping the supply of U. S. weapons to Ukraine would encourage China to aggress against Taiwan and strengthen Beijing's anti-American propaganda.
The EU law on critical raw materials is aimed at diversifying sources of supply of critical raw materials, not at confronting China, according to a European official.
China has filed a complaint with the World Trade Organization against the US electric vehicle subsidy program, which discriminates against Chinese products and disrupts the global supply chain.
China may have gained access to the personal data of millions of British voters through state-sponsored cyberattacks on members of the British Parliament, which poses a threat to British democracy.