Chinese Premier Li Keqiang has once again urged the US to adopt a rational approach to China-US trade dispute, as a trade war will be a lose-lose game for both sides. At a press conference on Tuesday, Li asked the US and China both to maintain the momentum of bilateral trade, which surpassed $580 billion last year.
Among the host of moves in the new round of institutional reform finalized at the first session of the 13th National People's Congress, the decision to establish an international development cooperation agency demands global attention. The move does not necessarily mean China has just begun disbursing foreign aid.
Delivering a keynote address at a Brookings Institution forum on "The End of US Engagement with China?" on March 7, US Congressman Rick Larsen jestingly said: "I think you got your title wrong... a more appropriate title would be: '(Is This the) End of US Engagement with China, the EU, Canada, Mexico?' and so on."
Along with the package of tariffs and investment restrictions it is reportedly planning as punishment for what it alleges are China's violations of US intellectual property laws and pressuring of US companies to transfer technology, the Trump administration is also considering limiting the number of visas issued to Chinese students, according to The Wall Street Journal.
On Saturday, Xi Jinping was reelected president of China and chairman of the Central Military Commission. Barely two days later, Vladimir Putin secured a fourth term as president of Russia.
THE BEIJING GOVERNMENT is implementing some concrete measures to simplify its business registration procedures and further improve its business environment, according to officials of the capital's finance bureau speaking at a media briefing on Sunday. Beijing News comments:
AT THE TWO SESSIONS, National People's Congress deputies and Chinese People's Political Consultative Conference National Committee members have been discussing how to tackle the companies issuing illegal loans that target college students. Beijing Youth Daily comments:
A MAN IN ZHENGZHOU, Central China's Henan province, reportedly tried to use the subway with a container carrying two live goldfish. The security staff stopped him and so he threw away the fish, killing them. Beijing Youth Daily comments:
Both China and Russia have re-elected their presidents, and the two countries, China led by President Xi Jinping and Russia by President Vladimir Putin, seem to be on track to reinforce their bilateral ties.
After the annual sessions of China's top legislature and political advisory body, the leadership elected at the 19th National Congress of the Communist Party of China will fully assume its new duties and, noticeably, lead China on the way to achieve high-quality economic growth.
The United States, of late, has raised concerns over the growing relationship between China and Latin America. China has been the second-biggest trade partner of Latin America since 2014. It is the biggest trade partner of Peru, Brazil, Chile and Uruguay, and is a growing foreign investor in the region, not only in the natural resources sector, but also in industry, agriculture, infrastructure and service sectors. China also gives aid and loans to several countries in the region.
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