It seems few share US President Donald Trump's optimism that his summit on Monday with his Russian counterpart Vladimir Putin in Helsinki helped dispel some of the tensions between the two countries.
IN A RECENT UNANNOUNCED INSPECTION, the State Drug Administration found that a pharmaceutical company based in Changchun, Northeast China's Jilin province, forged its production record for freeze-dried human rabies vaccines. Qianjiang Daily comments:
Responding to US Trade Representative statement on Section 301 action on July 10 that proposed imposing hefty tariffs on more Chinese imports, Beijing said the US had overestimated the size of its trade deficit and China is not responsible for it. Instead, the deficit is the result of the low savings rate in the United States, the US dollar serving as the international reserve currency, the two countries' differences over the international division of labor, and the US' restrictions on high-tech exports to China, the Ministry of Commerce said.
AT A RECENT calligraphy training program in Beijing, scholars and experts expressed their concerns about the declining calligraphy abilities of pupils. Eastday.com comments:
As an effort to demonize China and justify its ongoing trade spat with China, the White House issued a report on June 19, 2018, titled How China's Economic Aggression Threatens the Technologies and Intellectual Property of the United States and the World. Bloomberg described the report as the "latest salvo in the trade war between the world's two largest economies", but there is more to it than that: distortion of the truth and the facts and the contortion of them into threats not only to the US but also to the world.
The International Monetary Fund warned on Monday that US tariff actions could lead to escalating and sustained trade conflicts that would derail the global economic recovery and dampen medium-term growth prospects.
Despite a slight slowdown in the second quarter, China's growth has remained on track in the first half of this year, reaching an expectation-beating 6.8 percent year-on-year.
Now that the US president has openly labeled the European Union "a foe" of his country, like he has Russia and China, it is difficult to predict how far he is willing to go in pursuit of his "America First" agenda.
THE STATE COUNCIL, China's Cabinet, has decided to build comprehensive cross-border e-commerce experimental zones in 22 cities, including Beijing, Hohhot, Shenyang, Nanning, Lanzhou and Yiwu, where the customs clearance procedures will be simplified for e-commerce enterprises. Beijing Youth Daily comments:
US PRESIDENT Donald Trump claimed Germany is a captive to Russian gas supplies during the summit of the North Atlantic Treaty Organization in Brussels last week. Beijing News commented on Monday:
IN A RECENTLY released green paper, the Chinese Academy of Social Sciences proposed revising the national work schedule in 2030 to nine hours a day and four days a week. Beijing News reports:
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