With the Office of the United States Trade Representative threatening to impose new tariffs on $4 billion worth of European Union goods, the trade conflict between the US and the EU has intensified. And if the US makes good the threat it issued on July 1, the additional tariffs would cover $25 billion of EU goods - in April the US had decided to impose additional tariffs on $21 billion of EU products. In addition, the US administration launched a Section 301 investigation against the digital service tax of France on July 10.
Major stock and bond index providers have started, or have announced that they intend, to increase the weighting of China's securities in their respective benchmark indexes over the course of 2019-20.
Multiple local governments including those of Handan in Hebei province, Jinan in Shandong province, and Tianjin have banned the so-called Beijing Bikini - which refers to men who roll up their shirts or T-shirts to expose their bellies in public places in summer. Aimed at promoting civilized behavior, the ban is a timely move as the "Beijing Bikini" is considered offensive, especially by women.
IN THE CONTEXT of the trade frictions between China and the United States, the macroeconomic data for the first half of this year released by the National Bureau of Statistics on Monday, which showed China's economy is generally stable and making new progress in promoting high-quality development, has injected new confidence into the world economy. Zhong Sheng, a columnist for People's Daily, comments:
If the United States is seeking to safeguard the security of commercial shipping and freedom of navigation in the strategic Strait of Hormuz with its plans to put together a coalition to provide naval escorts for oil tankers, it would do well to consider why it thinks that is necessary.
In an acknowledgment that the United States and the Democratic People's Republic of Korea have been talking at cross-purposes, US Secretary of State Mike Pompeo said on Monday that he hoped both sides could "be a little more creative" with what they bring to the table when the two sides restart talks aimed at denuclearization of the Korean Peninsula.
Editor's note: In a recent interview with the Xiakedao, a WeChat account of People's Daily Overseas Edition, Zheng Yongnian, a researcher in East Asia studies at the National University of Singapore, points out that China has no choice but to press ahead with reform. The following are experts of Zheng's points of view on the topic:
ACCORDING TO AN OFFICIAL press release, China's Tiangong II space lab will reenter Earth's atmosphere on Friday, which marks its official retirement. China Daily writer Zhang Zhouxiang comments:
US Secretary of State Mike Pompeo said on Monday he hoped both the Democratic People's Republic of Korea and the United States could "be a little more creative" when the two sides resume talks aimed at resolving the Korean Peninsula nuclear issue. Speaking in a radio interview on The Sean Hannity Show, however, Pompeo did not say when the talks would resume.
Editor's Note: China is trying to accelerate the garbage sorting campaign nationwide. Shanghai, the first place to join the nationwide campaign, required all households and offices to start sorting their trash from July 1. Which household waste management rules are the hardest to implement and what measures should be taken in the next phase to make the campaign a success? Two experts share their views with China Daily's Yao Yuxin. Excerpts follow:
The United States may approve licenses for American companies to resume new sales to Huawei, the world's largest telecommunications equipment maker, in as little as two weeks, which suggests the recent efforts of the two countries to ease restrictions on the Chinese company could move forward quickly.
|
|
|
|
|
|
|
|