Editor's note: The Chinese navy will hold a live-fire drill in the Taiwan Straits on Wednesday, days after it organized a large naval parade in the South China Sea. Two experts share their views on the navy drill with China Daily's Yao Yuxin. Excerpts follow:
Speaking at the 8th Summit of the Americas in Lima recently, US Secretary of Commerce Wilbur Ross said Latin America should look to the United States, not China, to promote economic development. To support his claim he said Latin America has a trade surplus with the US while it has a trade deficit with China. He also said Latin America exports manufactured products to the US but only raw materials to China. But what he said is not true, at best it is a half truth (even a lie).
In his keynote speech at the Boao Forum for Asia on April 10, President Xi Jinping elaborated on China's new vision, policies, responsibilities and initiatives to advance opening-up, demonstrating China's commitment to further opening up its economy in the new era.
The US farming sector is caught in the crossfire of an emerging trade war between the world's top two economies. As US President Donald Trump considers increasing farm subsidies to compensate farmers for the expected decline in their exports and incomes once the US imposes the proposed tariffs on Chinese imports, representatives of the prime agricultural states and lobbying groups declared they prefer "trade to aid".
A visit by a Chinese foreign minister to a neighboring country and an economic dialogue session between China and a next-door neighbor should not be a big deal. It would not be were that neighbor not Japan, and such visits and dialogues not been respectively postponed for nine and eight years.
China celebrated its National Security Education Day on Sunday. Various kinds of activities aimed at enhancing people's national security awareness were organized in recent days.
THE UNITED STATES, the United Kingdom and France carried out military strikes against Syria without the authorization of the United Nations Security Council. Beijing Youth Daily commented on Monday:
ABOUT 8.2 MILLION STUDENTS will graduate from college in China this year, a record high. Peoples' Daily commented on Monday:
"FINALLY, the operations are over." A doctor in Huaian, East China's Jiangsu province, shared this sentence on her social network app WeChat having worked continuously for 26 hours. Fawan.com comments:
The ratio of outstanding government debt by the end of a year to that year's GDP is a key indicator of whether a government faces a debt-default risk. The debt ratio can reflect an economy's ability to repay its debts. Studies show China's overall debt is under control, as its debt ratio is within safety limits and sovereign balance sheet is quite sound - the total debt ratio of China's central and local governments was 38.8 percent at the end of 2016, far lower than the 60 percent red line set by the Maastricht Treaty signed by European Community members in 1992 to integrate Europe.
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