The Chinese President's Envoy Meets with Vance and Musk on the Eve of Trump's Inauguration

Chinese Vice President Han Zheng attends a meeting with Britain's Chancellor of the Exchequer Rachel Reeves (not pictured) at the Great Hall of the People in Beijing, China January 11, 2025. REUTERS/Florence Lo/Pool/File Photo
Chinese Vice President Han Zheng attends a meeting with Britain's Chancellor of the Exchequer Rachel Reeves (not pictured) at the Great Hall of the People in Beijing, China January 11, 2025. REUTERS/Florence Lo/Pool/File Photo
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The Chinese President's Envoy Meets with Vance and Musk on the Eve of Trump's Inauguration

Chinese Vice President Han Zheng attends a meeting with Britain's Chancellor of the Exchequer Rachel Reeves (not pictured) at the Great Hall of the People in Beijing, China January 11, 2025. REUTERS/Florence Lo/Pool/File Photo
Chinese Vice President Han Zheng attends a meeting with Britain's Chancellor of the Exchequer Rachel Reeves (not pictured) at the Great Hall of the People in Beijing, China January 11, 2025. REUTERS/Florence Lo/Pool/File Photo

China's vice president held meetings with the US vice president-elect and US business leaders, including Elon Musk, in Washington on the eve of Donald Trump’s inauguration, as the two major powers tackle ongoing tensions over trade and technology.
Han Zheng, who serves as an envoy for Chinese President Xi Jinping at the inauguration, “discussed a range of topics including fentanyl, balancing trade and regional stability” with J.D. Vance, according to the Trump transition team, The Associated Press said.
Han stressed the “extensive common interests and enormous space of cooperation” the United States and China share in economic and trade relations despite “some disagreements and frictions,” according to a readout of his meeting with Vance issued by the Chinese Foreign Ministry on Monday.
Trump has threatened to impose tariffs and other measures against China in his second term, while also hinting at ways in which the two rival powers could cooperate on issues such as regional conflicts and curbing the export of substances used in the production of fentanyl.
In an unorthodox move, Trump last month invited Xi to his inauguration. No head of state has previously made an official visit to the US for the inauguration, according to State Department historical records.
While Xi will not personally attend the event, he and Trump held a phone call on Friday during which they discussed trade, fentanyl and TikTok. The Chinese social media app restored service to users in the US on Sunday, just hours after it went dark in response to a federal ban, which Trump said he would pause by executive order on Monday.
Han also met with Musk and other top US business executives, including representatives of the US-China Business Council and the US Chamber of Commerce in Washington, D.C., according to the Chinese Foreign Ministry.
The Chinese vice president reiterated promises for an improved business environment for foreign firms in China and expressed hopes that US companies will continue expanding investment in the country.
Musk, whose company Tesla operates a factory in Shanghai, posted on his platform X after the meeting that he has long opposed the TikTok ban “because it goes against freedom of speech.”
“That said, the current situation where TikTok is allowed to operate in America, but X is not allowed to operate in China is unbalanced,” he wrote. “Something needs to change.”
X is banned in China alongside other major US social media and news apps and websites, including YouTube, Google, Facebook and many major US media.



US Imposes Sanctions on Vessels Linked to Iran, Treasury Website Says

A crew member raises the Iranian flag on Iranian oil tanker Adrian Darya 1, previously named Grace 1, as it sits anchored after the Supreme Court of the British territory lifted its detention order, in the Strait of Gibraltar, Spain, August 18, 2019. REUTERS/Jon Nazca
A crew member raises the Iranian flag on Iranian oil tanker Adrian Darya 1, previously named Grace 1, as it sits anchored after the Supreme Court of the British territory lifted its detention order, in the Strait of Gibraltar, Spain, August 18, 2019. REUTERS/Jon Nazca
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US Imposes Sanctions on Vessels Linked to Iran, Treasury Website Says

A crew member raises the Iranian flag on Iranian oil tanker Adrian Darya 1, previously named Grace 1, as it sits anchored after the Supreme Court of the British territory lifted its detention order, in the Strait of Gibraltar, Spain, August 18, 2019. REUTERS/Jon Nazca
A crew member raises the Iranian flag on Iranian oil tanker Adrian Darya 1, previously named Grace 1, as it sits anchored after the Supreme Court of the British territory lifted its detention order, in the Strait of Gibraltar, Spain, August 18, 2019. REUTERS/Jon Nazca

The United States imposed sanctions on Thursday on 29 vessels and their management firms, the Treasury Department said, as Washington continues targeting Tehran's "shadow fleet" it says exports Iranian petroleum and petroleum products, Reuters reported.

The targeted vessels and companies have transported hundreds of millions of dollars of the products through deceptive shipping practices, Treasury said.

Thursday's action also targets businessman Hatem Elsaid Farid Ibrahim Sakr, whose companies are associated with seven of the vessels cited, as well as multiple shipping companies.


Zelenskiy Says Ukraine Faces Foreign Aid Shortfall of up to 50 billion Euros Next Year

Ukrainian President Volodymyr Zelensky. File Photo/The AP
Ukrainian President Volodymyr Zelensky. File Photo/The AP
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Zelenskiy Says Ukraine Faces Foreign Aid Shortfall of up to 50 billion Euros Next Year

Ukrainian President Volodymyr Zelensky. File Photo/The AP
Ukrainian President Volodymyr Zelensky. File Photo/The AP

Ukraine is facing a foreign aid shortfall of 45-50 billion euros ($53-59 billion) in 2026, President Volodymyr Zelenskiy said on Thursday, Reuters reported.

He added that if Kyiv did not receive a first tranche of a loan secured by Russian assets by next spring, it would have to significantly cut drone production.

Speaking in Brussels as EU leaders were set to take a decision on Moscow's seized sovereign wealth, Zelenskiy said this would mean that Ukraine would have far fewer drones than Russia, and would not be able to conduct long-range strikes on Russian energy facilities.


China Says Arms Trade With Cambodia, Thailand Unrelated to Border Conflict

Flags flutter at an entrance of Thai-Chinese Rayong Industrial Zone in Rayong province, east of Bangkok, Thailand, April 7, 2016. REUTERS/Chaiwat Subprasom
Flags flutter at an entrance of Thai-Chinese Rayong Industrial Zone in Rayong province, east of Bangkok, Thailand, April 7, 2016. REUTERS/Chaiwat Subprasom
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China Says Arms Trade With Cambodia, Thailand Unrelated to Border Conflict

Flags flutter at an entrance of Thai-Chinese Rayong Industrial Zone in Rayong province, east of Bangkok, Thailand, April 7, 2016. REUTERS/Chaiwat Subprasom
Flags flutter at an entrance of Thai-Chinese Rayong Industrial Zone in Rayong province, east of Bangkok, Thailand, April 7, 2016. REUTERS/Chaiwat Subprasom

China said on Thursday its arms trade with Thailand and Cambodia is unrelated to the current conflict between the Southeast Asian neighbours, with which Beijing has close ties.

"We hope relevant parties will refrain from making subjective speculation and malicious hype," the Chinese Defense Ministry said in response to reports that Thai troops seized Chinese-made weapons from Cambodian positions as border clashes between the two nations reignited, Reuters reported.

Beijing hopes the two countries can reach a ceasefire as soon as possible, the ministry said, adding that China will continue to advocate for peace and talks.

Border clashes between Thailand and Cambodia resumed this month and have killed more than 40 people and displaced over half a million in both countries.

China's Foreign Minister Wang Yi, in separate calls with his Thai and Cambodian counterparts on Thursday, also called for an immediate ceasefire and criticised "false information" that he said was aimed at smearing China's ties with the two countries.

"As a friend and close neighbour of both Cambodia and Thailand, China least wants to see the two sides engage in armed conflict, and is deeply saddened by civilian casualties caused by the clashes," the Foreign Ministry quoted Wang as saying.

China will continue to play a constructive role in facilitating peace, Wang said, urging both countries to protect the safety of Chinese projects and personnel.

Beijing last week warned Chinese citizens to leave border areas after media reports of injuries.

The Chinese Foreign Ministry said on Wednesday a special envoy for Asian affairs would be visiting Cambodia and Thailand on Thursday to conduct mediation.