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Pakistan pays for first shipment of Russian oil in yuan
Jun 14, 2023 09:59Pakistan has paid for its first import of discounted Russian crude oil in China's yuan, marking a significant shift in the South Asian country's policy of paying for exports in US dollars, and opening a new chapter in the bilateral relations between Islamabad and Moscow.
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US must expect gradual decline in dollar's share of global reserves: Yellen
Jun 14, 2023 06:53US Treasury Secretary Janet Yellen says Washington should expect a gradual decline in the dollar's share of the global reserve, as the global de-dollarization move is gaining momentum.
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Iran rejects it is replicating China’s internet controls
Jun 14, 2023 02:22Iran’s Telecoms Minister Issa Zare'pour has rejected suggestions that the country is replicating China’s model of internet controls, saying the country has its own system and model of expanding the internet.
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US plans to rejoin UNESCO in bid to counter China's rising clout
Jun 12, 2023 10:10Washington plans to rejoin the United Nations Educational, Scientific and Cultural Organization (UNESCO) five years after ex-president Donald Trump quit the agency in a new bid to counter China's growing clout.
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Beijing slams new Iran-related US sanctions on Chinese entities
Jun 12, 2023 08:54Beijing has slammed the new Iran-related sanctions imposed by the United States on Chinese targets, urging Washington to stop its unreasonable suppression of Chinese entities and people.
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Expansion of China-Iran deal will improve both nations’ livelihood: Envoy
Jun 12, 2023 06:42The Chinese ambassador to Iran says the expansion of a 25-year comprehensive strategic partnership agreement between the two countries will be beneficial to the livelihood of both nations.
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FM underscores enhancing economic cooperation with China
Jun 11, 2023 13:42Foreign Minister Hossein Amir-Abdollahian says it is imperative that Iran and China enhance relations in various sectors, not least economy.
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Honduras opens embassy in China after breaking ties with Taiwan
Jun 11, 2023 09:52Honduras opened its embassy in Beijing on Sunday, according to the Chinese state media, after it severed diplomatic ties with Chinese Taipei (Taiwan) earlier this year.
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End of US dollar dominance on global market is nigh, top Russian banker predicts
Jun 10, 2023 12:21A distinguished and powerful Russian banker says the end of the dominance of the US dollar is nigh as the Chinese yuan rises and the rest of the world sees the peril of the West’s failed attempt to bring Russia to its knees over Ukraine.
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China, Cuba, US reject report of Chinese plan for spy base
Jun 09, 2023 08:18The White House has rejected a media report which said that China was planning to build a spy base in Cuba, just 90 miles away from the continental USA.