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China’s August imports of Iranian oil up 59% 26 Oct 2017

China’s August imports of Iranian oil up 59%

TEHRAN – China’s September oil imports from Iran increased 59 percent from the same month a year earlier, Reuters reported citing the country’s customs data. The country Shipped in about 784,060 barrels per day (bpd) or 3.22 million tons of Iranian crude in September, compared with 1.9 million tons in the same period in 2016. […]

Iran’s trade with China up 24% 23 Oct 2017

Iran’s trade with China up 24%

The latest market figures show the level of trade between Iran and China increased by almost a quarter over the past eight months. Reports quoted China’s customs department as announcing that the level of trade between the two countries from January to August 2016 stood at $19.5 billion. This is while, reports said, their trade […]

Pres. Rouhani felicitates China on National Day 01 Oct 2017

Pres. Rouhani felicitates China on National Day

President Rouhani has forwarded a message of felicitation to President Xi Jinping of China on the occasion of the founding of the People’s Republic of China on October 1. In his message forwarded on Sunday, Iranian President Hassan Rouhani congratulated his Chinese counterpart Xi Jinping and the people of China as they celebrate the 68th […]

N. Korean Businesses in China to Stop under New UN Sanctions 28 Sep 2017

N. Korean Businesses in China to Stop under New UN Sanctions

TEHRAN  – China’s commerce ministry said Thursday that North Korean firms or joint ventures in China will be shut within the 120 days of the latest United Nations Security Council sanctions passed on September 12. Overseas Chinese joint ventures with North Korean entities or individuals will also be closed, the ministry said in a statement […]

No Problem in China’s Payment for Iran Petrochemicals 19 Sep 2017

No Problem in China’s Payment for Iran Petrochemicals

TEHRAN– An Iranian deputy oil minister said minor issues impeding the payments Iran receives from China for the export of petrochemicals have been resolved. There has never been any obstacle to the Iranian export of petrochemical products, CEO of Iran’s National Petrochemical Company Marziyeh Shahedaei said on Monday. As regards the delays in the Chinese […]

China After Buying Copyright of 23 Iranian Books 18 Sep 2017

China After Buying Copyright of 23 Iranian Books

TEHRAN – An Iranian publisher says the Chinese are willing to buy the copyright of 23 books proposed by Iran at the Beijing International Book Fair. Majid Jafari Aqdam, the director of ‘POL Literary and Translation Agency, says the Agency “has tried to introduce more than 100 Iranian books including fictions, classic literature and those […]

China to Side with N. Korea against US if Crisis Flares 17 Sep 2017

China to Side with N. Korea against US if Crisis Flares

TEHRAN – A former Iranian ambassador highlighted China’s push to avert an escalation of tensions between the US and North Korea considering its extensive trade ties with Washington, but predicted that Beijing would stand by Pyongyang in case of flare-up of tensions.  Iran’s former ambassador to Beijing Mahdi Safari said China is strongly opposed to […]

China defends Pakistani anti-terror bids following Trump’s criticism 08 Sep 2017

China defends Pakistani anti-terror bids following Trump’s criticism

China’s top diplomat has defended Pakistan’s anti-terrorism measures following assertions by US President Donald Trump that Islamabad fosters militants attacking American and Afghan military forces. “The government and people of Pakistan have made huge sacrifices in the fight against terrorism and such efforts and sacrifices are there for everyone to see,” said Chinese Foreign Minister […]

China bans initial coin offerings calling them ‘illegal fundraising’ 05 Sep 2017

China bans initial coin offerings calling them ‘illegal fundraising’

Chinese regulators have launched a crackdown on individuals and firms raising funds by offering their own digital currencies. The People’s Bank of China has declared initial coin offerings (ICOs) illegal and wants them to “cease immediately”. A growing number of tech companies are opting to sell digital “tokens” because they are quick, easy and unregulated. […]

BRICS summit kicked off 04 Sep 2017

BRICS summit kicked off

TEHRAN – BRICS Leaders’ Meetings have officially kicked off in the coastal Chinese city of Xiamen.  Meetings of the BRICS nations’ leaders have officially started in China’s southeastern city of Xiamen, a Sputnik correspondent reported Monday. Leaders of the five bloc’s nations — Brazil, Russia, India, China and South Africa — have exchanged welcoming handshakes. […]