On March 22, US President Donald Trump announced three measures in response to an "investigation" into China's intellectual property rights violations under Section 301 of the Trade Act of 1974. The US administration claimed that China's actions, policies and practices related to technology transfer, intellectual property and innovation, which had harmed US businesses. The three measures are:
Speaking at the closing of the first session of the 13th National People's Congress last month, President Xi Jinping said the Hong Kong and Macao special administrative regions should integrate their own development into the country's development, and take measures to enhance the sense of national consciousness and patriotism among their residents.
Emerging from the Trump Tower in New York City in November 2016, Japanese Prime Minister Shinzo Abe said he was convinced that Donald Trump "is a leader in whom I can have confidence". Abe became the first head of government to visit the US president-elect, and since then he has been busy trying to forge a close relationship with Trump, with their common outdoor pursuit - golf - acting as a lubricant.
China will issue an additional set of policies to further cut 400 billion yuan ($63.8 billion) of tax this year, following Wednesday's announcement of value-added tax reform, officials from the Ministry of Finance said on Friday.
Courier aggregator Cainiao Network Technology Co Ltd has launched its first international air freight service, a solid step toward the goal of serving 2 billion customers within two decades set by its parent company Alibaba Group Holding Ltd.
Provinces in Northeast China are expected to get more policy support to revive their economies, after the nation's top economic regulator decided to link up the region with the more developed southern region.
Bank of China Ltd saw a 20.3 percent year-on-year growth in pretax profit for its overseas business to $9.5 billion last year, the bank announced on Thursday.
The upcoming Belt and Road Trade and Investment Forum is expected to create huge opportunities for global companies, in "sharp contrast" to the unilateral and protectionist practices of the US, the event organizer said.
The huge trade deficit the United States has with China was caused by its own policies, and both countries are facing domestic problems that should be resolved through structural reforms, former Chinese finance minister Lou Jiwei said.
The possibility that the Chinese government might impose 25 percent tariffs on US pork exported to China is bad news for North Carolina-based Prestage Farms.
China Railway Rolling Stock Corp, the world's largest railcar manufacturer, is concerned about the impact of proposed US tariffs on Chinese rail equipment and is taking actions, Jia Bo, vice-president of CRRC MA Corp, said on Thursday.
New China trade tariffs on American goods could have minimal effect - or a major impact - on fruit growers in Washington state.
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Raymond Zhou
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