Tags: China
China offers ASEAN friendship, loans as South China Sea tension bubbles
China's Prime Minister Li Keqiang proposed a friendship treaty with Southeast Asian countries and offered $20 billion in loans on Thursday but held firm on the line that Beijing will only settle South China Sea disputes directly with other claimants.
Weak telecom spending, emerging markets weigh on Cisco forecast
Network equipment maker Cisco Systems Inc forecast current-quarter profit below analysts' average estimate, weighed down by capital budget cuts at telecom service providers and weak sales in emerging markets.
Asian shares weaken ahead of Chinese data
Asian shares slipped slightly on Thursday as investors looked to a run of Chinese economic indicators due later in the day, while Wall Street shares ended a five-day winning streak as falling oil prices hurt energy stocks.
U.S., China sign symbolic emissions plan, play down rivalry
The United States and China announced a largely symbolic plan on Wednesday to implement new limits on carbon emissions, the highlight of a summit between Barack Obama and Xi Jinping in which both leaders played down suggestions of differences and rivalry.