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Trump puts spotlight on China, Iran's top oil consumer

(The Center Square) – With the blockade of Iranian ports moving toward its third day, China, Iran’s largest importer of oil, is vowing not to send weapons to the Islamic Republic. President Donald Trump confirmed circulated reports that China could be supplying weapons to Iran. “[China] have agreed not to

Xi meets Russian FM as leaders flock to China over Middle East war

Xi meets Russian FM as leaders flock to China over Middle East war

China's President Xi Jinping met Russian Foreign Minister Sergei Lavrov on Wednesday as a string of leaders of countries affected by the Middle East war flock to Beijing. Lavrov joins Spanish Prime Minister Pedro Sanchez, Abu Dhabi's Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al

AI expansion drives up profits at bullish tech giant ASML

AI expansion drives up profits at bullish tech giant ASML

Dutch tech giant ASML, which makes cutting-edge machines to manufacture semiconductor chips, said Wednesday that rapidly expanding AI-related investments had pushed up net profits as it also hiked its sales forecast for 2026. ASML, Europe's biggest tech firm by market value, is a critical cog in

Lavrov blasts efforts to 'contain' Russia, China on Beijing visit

Lavrov blasts efforts to 'contain' Russia, China on Beijing visit

Russian Foreign Minister Sergei Lavrov criticised efforts he said were aimed at "containing" Russia and China on Tuesday during a visit to Beijing, where he also discussed with his Chinese counterpart plans for a meeting "within the year" between Vladimir Putin and Xi Jinping. Lavrov was

Xi calls for closer ties with Spain in face of global 'chaos'

Xi calls for closer ties with Spain in face of global 'chaos'

China's President Xi Jinping warned against a return to the "law of the jungle" in international relations and called for closer economic ties with Spain as he met Prime Minister Pedro Sanchez on Tuesday, according to Chinese state media. The meeting in Beijing came on the

Founder of China's Evergrande pleads guilty to fraud

Founder of China's Evergrande pleads guilty to fraud

The founder of Chinese property giant Evergrande has pleaded guilty to charges of fraud and bribery, a court said on Tuesday, the latest blow for what was once the country's leading developer. Evergrande's rise was propelled by decades of rapid urbanisation and rising living standards, but

China's economy likely picked up pace in first quarter: AFP survey

China's economy likely picked up pace in first quarter: AFP survey

China's economic growth likely picked up in the first three months of the year, according to analysts surveyed by AFP, boosted by exports now impacted by the Middle East war, while domestic demand remains weak. Leaders in the world's second-largest economy have struggled since the