China and the United States reached a consensus on Saturday that there will be no trade war and agreed to take measures to decrease the US trade deficit by, for example, China significantly increasing purchases of US goods and services. A joint statement issued after Saturday's round of Sino-US trade talks also said the two sides agreed on "meaningful increases" in US exports of agricultural and energy products, and greater efforts to increase bilateral trade in manufactured goods and services.
Given the uncertainties, concerns, mistrust and fears prevailing across the world, mainly because of the Trump administration's unstable foreign policy, politicians in the European Union may not be capable of protecting globalization, let alone promoting it. This fear was evident in the speech European Council President Donald Tusk made at the European Union-West Balkans Summit last week, in which he said some major global players were no longer the friends of the EU.
Bombers of the People's Liberation Army Air Force conducted takeoff and landing training from an islet in the South China Sea in order to improve the ability to "reach all territory, conduct strikes at any time and strike in all directions", as the air force said in a statement.
LAST WEEK, Tianjin lowered its hukou (household registration) threshold for newcomers. In the past weekend, more than 300,000 people became new citizens of the second largest city in North China. Beijing News comments:
The extensive development model China has pursued over the past decades has caused severe damage to the country's environment and ecosystems, prompting China to pursue a greener and more sustainable development model.
TO REDUCE LOGISTICAL COSTS and improve the traffic flows on expressways, drivers will no longer have to pay the toll at stations on provincial borders. Beijing News commented on Monday:
BEIJING WILL pioneer a new, simplified mode of garbage sorting in certain communities later this year, according to which residents only need to separate kitchen waste from other waste before disposing of it. Fawan.com comments:
Editor's note: The Academy of Ocean of China and the Shanghai Academy of Social Sciences recently held a joint forum on maritime strategy. Following are excerpts from the presentations made by five scholars at the forum:
The agreement between China and the United States not to engage in a trade war will have everyone heaving a huge sigh of relief except the belligerent hawks in the US. For the rapprochement comes after months of intensifying tensions and threats of ever-stronger tit-for-tat tariffs that had raised fears the world's two largest economies were intent on locking horns.
There is no telling yet how the United States will benefit from pulling itself out of the Iran Nuclear Deal, officially known as the Joint Comprehensive Plan of Action. But what is clear is its withdrawal has led to greater political instability in the Middle East and more uncertainty in international relations.
THE SICHUAN COMMISSION for Discipline Inspection and the Sichuan Supervisory Commission announced on Monday that they are investigating Yan Chunfeng, deputy Party secretary of Guangan, for allegedly serious violations of Party discipline and the law. Beijing News comments: