Tag: face

After telecom firms, China oil giants may face US delisting next | Business and Economy News

Chinese oil firms Cnooc, PetroChina and Sinopec may be removed from US exchanges due to military links, analysts say.

Chinese oil majors may be next in line for delisting in the U.S. after the New York Stock Exchange said last week it would remove the Asian nation’s three biggest telecom companies.

China’s largest offshore oil producer Cnooc Ltd. could be most at risk as it’s on the Pentagon’s list of companies it says are owned or controlled by Chinese military, according to Bloomberg Intelligence analyst Henik Fung. PetroChina Co. and China Petroleum and Chemical Corp., also known as Sinopec, may also be under threat as the energy sector is crucial to China’s military, he said.

“More Chinese companies could get delisted in the U.S. and the oil majors could come as the next wave,” said Steven Leung, executive director at UOB Kay Hian in Hong Kong. At the same time,

Canada to face new pressures to confront China as Biden advocates for a extra united approach

Prime Minister Justin Trudeau and then-U.S. Vice-President Joe Biden stroll down the Corridor of Honour, on Parliament Hill, in Ottawa, on Dec. 9, 2016.

PATRICK DOYLE/The Canadian Press

Donald Trump was delighted to go it on your own on China, utilizing the power of U.S. sanctions and trade tariffs to make Chinese goods a lot more expensive, punish accountable officers for human-legal rights violations and attempt to corral Beijing’s conduct.

But with Joe Biden as president, U.S. allies, Canada included, stand to be called on to be part of the U.S. in acting on China. There will be new pressures to pick out between a long-time ally who is a pre-eminent buying and selling lover and a climbing financial electrical power whose governing administration pays little heed to Western values.

Mr. Biden has pledged “a united front of mates and companions to challenge China’s abusive behaviour” that will almost undoubtedly

Canada’s ‘ugly face’ exposed with new measures on Xinjiang compelled labour, China suggests

China is hitting back again at Canada around its new actions on forced labour in the Xinjiang region, condemning the go and stating that it exposes Canada’s “hypocritical and unattractive experience.

China is hitting back again at Canada over its new measures on pressured labour in the Xinjiang region, condemning the shift and stating that it exposes Canada’s “hypocritical and unattractive experience.”

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Feds to crack down on firms employing compelled Uighur labour in China’s Xinjiang region

The hottest launch from the spokesperson of the Chinese Embassy in Canada comes on the heels of an announcement from International Affairs Canada, which outlined a host of new measures on Tuesday in a bid to transfer in on organizations that are profiting off pressured labour.

“The so-referred to as ‘forced labor’ and ‘mass arbitrary detention’ are just a concoction fanned up by some US and Western establishments and personnel,”

Canada’s ‘ugly face’ exposed with new measures on Xinjiang forced labour, China says – National

China is hitting back at Canada over its new measures on forced labour in the Xinjiang region, condemning the move and stating that it exposes Canada’s “hypocritical and ugly face.”

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Feds to crack down on companies using forced Uighur labour in China’s Xinjiang region

The latest release from the spokesperson of the Chinese Embassy in Canada comes on the heels of an announcement from Global Affairs Canada, which outlined a host of new measures on Tuesday in a bid to move in on businesses that are profiting off forced labour.

“The so-called ‘forced labor’ and ‘mass arbitrary detention’ are just a concoction fanned up by some US and Western institutions and personnel,” read the Chinese embassy’s statement, published on Wednesday.






China lodges complaint with Canada over Trudeau’s remarks on Hong Kong, Xinjiang


China lodges complaint with Canada over Trudeau’s remarks on Hong Kong, Xinjiang – Oct 14,