03a China

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EXCERPT:

EU lawmakers and countries agreed to double tariffs on foreign steel on Monday, to shield the bloc’s struggling industry from a flood of cheap Chinese exports.

European Union governments and parliament representatives reached a late evening deal to hike levies on steel imports to 50 percent and slash the volume allowed in before tariffs apply by 47 percent.

“The shape and global standing of Europe‘s steel sector are fundamental to our strategic autonomy and industrial strength. We therefore cannot afford to turn a blind eye to global overcapacity reaching critical levels,” commented the EU’s trade chief, Maros Sefcovic.

“Today’s outcome helps bring much-needed stability for our producers to thrive in Europe”.

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The strong warning reitrates that China has an energy agreement with Iran and therefore its ships will not be intercepted.

A spokesperson for the Chinese Defense Ministry said: “Chinese ships continue to move in and out of the waters of the Strait of Hormuz.

“We have trade and energy agreements with Iran, which we will respect and abide by.

“We expect others not to interfere in our affairs.

“Iran controls the Strait of Hormuz, and has opened it to us.”

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A Chinese-owned oil and chemical tanker slipped through the Strait of Hormuz on Tuesday, becoming the first vessel to make the crossing since President Trump’s blockade on Iranian ports began Monday and raising fresh questions about how hard Tehran and its trading partners are willing to test U.S. pressure.

Fox News reported the tanker, Rich Starry, successfully transited the strait after being turned back on Monday. The ship made it through on its second attempt, the outlet said.

The Trump administration’s blockade is aimed at choking off traffic to and from Iranian ports, not shutting down the entire waterway. Fox News said the Rich Starry was traveling from the United Arab Emirates, not heading to or departing from Iran, and was therefore allowed to pass.

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MANILA, Philippines — More than 17,000 American and Filipino military personnel will participate in one of their largest annual combat exercises in the Philippines that underscore the United States’ staunch commitment to Asia despite its preoccupation with the Middle East, a U.S. military official said Tuesday.

During the April 20-May 8 maneuvers, called the Balikatan, Japanese forces will fire a missile in a ship-sinking exercise in northwestern Philippine waters facing the disputed South China Sea. Japan’s defense chief has been invited to witness the live-fire drill, Philippine military officials said.

The large-scale combat drills between the U.S. and Philippines, which are longtime treaty allies, will expand this year to include other friendly forces, including those from Japan, France and Canada, which have signed visiting forces agreements with Manila, the Philippine military said.

“Our message is our dedication and commitment to our alliance and regional security,” Col. Robert Bunn, a spokesperson for U.S. forces, said in a news briefing when asked what message the U.S. military wanted to send with its large Balikatan deployment despite the war in the Middle East.

US stands alone as Iran, China join key UN bodies over objections www.foxnews.com
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Western democracies, including the UK, France, Canada and Australia, are facing backlash after allowing Iran and other authoritarian regimes to secure seats on influential United Nations (U.N.) bodies, with the United States standing alone in opposition.

The controversy stems from decisions by the United Nations Economic and Social Council (ECOSOC), a 54-member body that plays a central role in shaping U.N. policy and staffing key committees.

Critics warn the outcome could allow governments accused of human rights abuses to influence global policy and control which civil society groups are granted access to the United Nations.

Spain pushes China to assume global leadership role during Iran war www.washingtonexaminer.com
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Spanish Prime Minister Pedro Sanchez on Monday pushed China to embrace a larger role on the world stage as Europe increasingly turns to Beijing amid growing tensions with the United States.

Sanchez’s speech at Beijing’s Tsinghua University follows recent moves from the United Kingdom, Germany, France, and others to tighten ties with China after the Trump administration redefined its relationship with Europe, leading many allies to question Washington’s commitment to long-standing alliances.

On the day before he is set to meet with Chinese President Xi Jinping, Sanchez pushed back against the notion that Europe holds little value and called on China to help fill what he described as a new power vacuum left by the U.S.

“Europe may seem small on a map. But its weight is decisive, and its unity is a guarantee of stability and prosperity in the world, a world that cannot be understood without China,” Sanchez said. “We are called upon to understand one another and to cooperate.”

“Europe ⁠will also have to redouble its efforts, especially now that the United States has decided to withdraw from many of these fronts,” he added.

Blurb:

Russia and China on Tuesday vetoed a U.N. Security Council resolution aimed at reopening the Strait of Hormuz that had been repeatedly watered down in hopes those two countries would abstain.

The vote — 11-2, with two abstentions from Pakistan and Colombia— took place just hours after U.S. President Donald Trump issued an unprecedented threat that a “whole civilization will die tonight” if Iran does not open the strategic waterway and make a deal before his 8 p.m. Eastern deadline. One-fifth of the world’s oil typically passes through the strait, and Iran’s stranglehold during the war has sent energy prices soaring.

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Chinese Workers Protest Unpaid Wages in Russia’s Far East – www.themoscowtimes.com
EXCERPT:

Chinese workers building a fuel-making unit at a Rosneft refinery in Far East Russia’s Khabarovsk region took to the streets on Sunday to protest unpaid wages, regional authorities said Monday.

At least 200 employees of the Russian-Chinese contractor Petro-Hehua marched through the city of Komsomolsk-na-Amure demanding back payments and help from both Russian President Vladimir Putin and Rosneft CEO Igor Sechin.

Blurb:

HONG KONG — China is poised to benefit from the Iran war as global energy disruptions accelerate a shift away from fossil fuels and toward clean technologies and renewable power, industries that China dominates.

Most of the oil and gas from the now mostly shut Strait of Hormuz was Asia-bound. Asian nations are scrambling to conserve energy and bolster dwindling reserves. As a temporary ceasefire teeters, gasoline prices in the U.S. and Europe are spiking.

While most of Asia is hit hard, China will likely benefit from the fossil fuel disruptions despite being the biggest purchaser of Iranian oil. China leads the world in battery, solar and electric vehicle exports, and its industries are forecast to face a rise in demand for renewable products.

Before the start of the Iran war in late February, China’s lead in clean technologies was lengthening. The U.S. under President Donald Trump scaled back on renewable energy and leaned on its vast oil and gas resources, promoting energy exports to achieve what Trump described as “energy dominance.”