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Xinhua China-related world news summary at 0900 GMT, July 14

Xinhua, July 14, 2016 Adjust font size:

Chinese Premier Li Keqiang has congratulated Theresa May on her new role as British prime minister.

In a message dated Wednesday, Li said that China-Britain relations have maintained momentum in recent years, as shown by frequent exchange of high-level visits, steady development of pragmatic cooperation and more people-to-people and cultural exchanges. (China-Britain-New PM)

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MOSCOW, July 14 (Xinhua) -- The award issued by an arbitral tribunal denying China's long-standing historical rights in the South China Sea is illegitimate, and the dispute should be resolved through bilateral talks, a leading Russian political expert has said.

"The tribunal's decision can be legitimate only if it is recognized by both parties to the conflict. In this case, China has said it will not recognize the award from the very beginning," Anatoly Smirnov, president of the Russian National Institute for Research of Global Security, said in a recent interview with Xinhua. (Russia-China-South China Sea-Arbitration)

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NAIROBI, July 13 (Xinhua) -- Kenya's CFC Stanbic Bank on Wednesday became the first bank in the country to avail the Chinese currency, yuan, at its branches to facilitate trade between China and Kenya.

CFC Stanbic Bank Chief Executive Philip Odera told media that Kenyans trading with their Chinese counterparts often face obstacles in accessing the Chinese yuan, "Kenyans will now be able to freely access the RMB." (Kenya-Bank-Chinese Currency)

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BUENOS AIRES, July 13 (Xinhua) -- Argentina is exploring expanded economic, commercial ties with China, the Argentinean Foreign Ministry said Wednesday.

Argentinean and Chinese authorities concluded on July 11-12 a complete revision of the two countries' trade and investment agreements during the 20th meeting of the two countries' Joint Economic and Commercial Commission (COMIXTA) in Beijing. (Argentina-China-Trade Cooperation) Endi