Stock market analytics, financial forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

China stops cooperation with the United States in a number of fields


August, 05 2022
watermark Economic news

The Ministry of Foreign Affairs of the People's Republic of China announced that the PRC is severing relations with the United States in the field of justice, combating international crime and illegal migration.


China also stops discussions with the United States at the level of regional military commands and cancels working meetings with representatives of the Pentagon.


In addition, the Chinese Foreign Ministry announced the suspension of cooperation in the fight against drugs. Negotiations on climate change are also suspended between the countries.


China took such measures in response to the arrival of the Speaker of the US House of Representatives Nancy Pelosi to Taiwan, despite strong discontent from the Chinese authorities. As you know, China does not recognize the independence of the island, and considers Pelosi's visit a violation of «territorial integrity». The United States also notes that the purpose of the speaker's trip is to demonstrate support for the authorities of Taiwan.


In addition to the termination of multilateral cooperation with the United States, China has also imposed personal sanctions on Nancy Pelosi herself and her relatives.


Feedback

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.