Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

China says it’s working to de-escalate tensions in Red Sea that have upended global trade

AP
Updated: January 24th, 2024, 18:27 IST
in International
0
Pic- The Morung

Pic- The Morung

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Beijing: China, the world’s biggest exporter, says it is deeply concerned about tensions in the Red Sea that have upended global trade by forcing many shippers to avoid the Suez Canal.

China has been in “close communication with all parties concerned and making positive efforts to de-escalate” the situation in which Iran-backed Houthi rebels have attacked international ships with missiles, Foreign Ministry spokesperson Wang Wenbin said at a daily briefing Wednesday.

Also Read

Palestinian death toll in Gaza crosses 68,000 as Israel confirms another hostage’s death

4 hours ago
Pakistan's army chief General Asim Munir

Pakistan Army chief warns India of ‘decisive response’

7 hours ago

“China calls for a halt to the harassment and attacks on civilian ships and urges all relevant parties to avoid fanning flames in the area and jointly ensure the safety and security of the route in the Red Sea,” Wang said.

Since November, the Iranian-backed Houthis have launched at least 34 attacks on shipping through the waterways leading up to Egypt’s Suez Canal, a vital route for energy and cargo coming from Asia and the Middle East onward to Europe.

The Houthis, a Shiite rebel group that has held Yemen’s capital Sanaa since 2014 and been at war with a Saudi-led coalition backing Yemen’s exiled government since 2015, link their attacks to the Israel-Hamas war. However, the ships they’ve targeted increasingly have tenuous links to Israel — or none at all.

“We are deeply concerned about the recent escalation of the Red Sea situation. The Red Sea is an important international trade route for goods and energy,” Wang said.

Wang also referenced the Gaza conflict, linking it to the Red Sea tensions, saying, “The priority now is to end the fighting in Gaza as soon as possible to avoid further escalation and prevent the situation from getting out of control.”

“China is willing to work with all parties to cool down the situation and maintain security and stability in the Red Sea,” Wang said.

China exported more than $3.5 trillion in goods in 2022, the last year for which figures were available. That was about $1.5 trillion more than the United States, the world’s No. 2 exporter.

Some of the world’s largest container shipping companies and oil giant BP have been sending vessels on longer journeys around Africa that bypass the Red Sea. In response to the growing impact on global trade, the United States and a host of other nations have created a new force to protect ships.

At least 90% of the container ships that had been going through the Suez Canal are now rerouting around Africa and the Cape of Good Hope, according to Drewry, a maritime research consultancy.

The cost to ship a standard 40-foot container from China to northern Europe has jumped from $1,500 to $4,000, according to the Kiel Institute for the World Economy in Germany. But that is still far from the $14,000 seen during the pandemic.

The delays contributed to a 1.3% decline in world trade in December, reflecting goods stuck on ships rather than being offloaded in port.

The US and its allies have been striking targets Washington has said are involved in the attacks against US Forces in Iraq and Syria and were threatening US Military and commercial vessels in the Red Sea.

China has maintained close ties with Iran, largely based on investment and oil imports, and last year hosted talks resulting in the restoration of Tehran’s diplomatic relations with Saudi Arabia.

While seeking a peace-making role in the Middle East, Beijing has shied away from committing to any particular side, diminishing its credibility in the eyes of critics.

Wang said China believed the United Nations Security Council “has never authorized any country to use force against Yemen and calls for a genuine respect for the sovereignty and territorial integrity of Red Sea coastal countries, including Yemen.”

AP

Tags: ChinaGermanyHouthi rebelsmiddle eastred seasuez canalUnited Nations Security CouncilWang WenbinWorld economy
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
#MyPaperBagChallenge

Dibya Ranjan Das

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019

Archives

Editorial

Market Power

Power of Continuity
October 18, 2025

The power corridors are abuzz again, but not over taxes or budgets this time. Eyeballs are fixed on who’ll get...

Read moreDetails

Historic Deal

Trump, Netanyahu
October 15, 2025

There is no doubt the way fighting in Gaza was ended and a peace process set in motion in the...

Read moreDetails

Peacemakers

Trump-Maria
October 14, 2025

There is rejoicing as peace has started to return to the heart of the war-ravaged Middle East, and a ceasefire...

Read moreDetails

Afghanistan As Friend

Afghanistan
October 13, 2025

Some politicians and feminists are screaming that it is outrageous that the Taliban could display its misogyny on Indian soil...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST