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US too acquires tech from other nations

Chinese direct investment in the US before the global financial crisis was relatively small. For example, China's total direct investment in the US was only $585 million in 2007. Since many companies in the United States and the European Union faced serious financial difficulties because of the global financial crisis that broke out in 2008, Washington and Brussels started welcoming Chinese direct investment to emerge out of financial trouble.

Forced technology transfer charge baseless

The US' Section 301 investigation report claims China exerts pressure on foreign companies through shareholding restrictions and administrative licensing procedures to transfer US technologies to China. But decades of China's joint ventures and cooperation with multinational corporations in the machinery manufacturing sector show the claim is untenable, as Beijing has never forced foreign companies to transfer their technologies.

China and US will benefit by putting trade ties on the right track

Before the US delegation led by Treasury Secretary Steven Mnuchin arrived in Beijing to discuss a host of trade and investment issues on Thursday and Friday, the right atmosphere should have been created to make the talks productive.

Art of a deal is when all parties are happy with it

If the high-profile trade negotiations between China and the United States, scheduled for Thursday and Friday, can produce positive outcomes, that would not only serve the interests of both countries but also benefit global trade and the world economy.

Visit can help promote positive regional trends

A desirable rapprochement between Beijing and Tokyo will not only benefit the two neighbors, but also contribute to the good momentum that has emerged in Northeast Asia of late.

Reducing tax burden on enterprises has given obvious boost to economy

THE VALUE ADDED TAX for manufacturing was lowered from 17 to 16 percent on Tuesday, while the rate for transportation, construction, basic telecommunication services and farm produce was reduced from 11 to 10 percent. The government also unified the standard for small-scale taxpayers and returned the withholdings of value added tax of some industries. Beijing News commented on Wednesday:

Nuclear plant's safety is built-in blessing

AN ONLINE POST showing a Taoist priest practicing "magic" at a ceremony for the laying of the foundation stone for a nuclear power project in Minqin, Northwest China's Gansu province, created a stir recently. Beijing News comments:

Licensed street performers give cities character

CHENGDU, capital of Southwestern China's Sichuan province, recently issued an announcement for openly "auditioning" street performers. Those who pass the tests will receive permits to perform. Gmw.cn comments:

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Talks can silence the drums of trade war

Last month, the United States administration fired the opening salvo in what could lead to a full-blown trade war. While trade frictions have long been an issue in China-US relations, few expected such an escalation, not least because economists widely view trade wars as damaging to all parties. So how did we get to this point, and can we turn back before it's too late?

US must act constructively to seek trade relief

In an article in the Financial Times on April 9, White House Trade Advisor Peter Navarro claimed the trade deficit with China since 2001 caused the loss of millions of manufacturing jobs in the United States during the George W. Bush and Barack Obama administrations.