XM does not provide services to residents of the United States of America.

China says it has halted arms-control talks with US over Taiwan



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>China says it has halted arms-control talks with US over Taiwan</title></head><body>

WASHINGTON, July 17 (Reuters) -China has halted nascent nuclear-arms-control talks with the United States, its foreign ministry said on Wednesday, in a protest of Washington's arms sales to the democratically governed island of Taiwan, which Beijing claims as its territory.

Chinese Foreign Ministry spokesperson Lin Jian said repeated U.S. arms sales to Taiwan in recent months had "seriously compromised the political atmosphere for continuing the arms-control consultations."

"Consequently, the Chinese side has decided to hold off discussion with the U.S. on a new round of consultations on arms control and non-proliferation. The responsibility fully lies with the U.S.," Lin told a regular news briefing in Beijing.

Lin said China was willing to maintain communication on international arms control, but that the U.S. "must respect China's core interests and create necessary conditions for dialogue and exchange."

The U.S. State Department did not respond immediately to a request for comment on the move.

U.S. and Chinese officials resumed nuclear-weapons discussions in November, but formal arms-control negotiations had not been expected any time soon despite U.S. concerns about China's rapid nuclear weapons build-up.

The U.S. estimates China has 500 operational nuclear warheads and will probably have more than 1,000 by 2030.

U.S. officials have expressed frustration that Beijing has showed little interest in discussing steps to reduce nuclear weapons risks. But Beijing has long argued that the U.S. already has a much larger arsenal.

The U.S. has a stockpile of about 3,700 nuclear warheads, of which roughly 1,419 strategic nuclear warheads were deployed. Russia has about 1,550 nuclear weapons deployed and according to the Federation of American Scientists, a stockpile of 4,489 nuclear warheads.

The U.S. is Taiwan's most important international backer and arms supplier even in the absence of formal diplomatic ties. China has repeatedly demanded that these arms sales stop.

Taiwan has protested for the past four years about stepped-up Chinese military activity near the island, including almost daily missions by Chinese warplanes and warships.



Reporting by Michael Martina and David Brunnstrom; editing by Rod Nickel

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.