China remains committed to further opening up its economy despite the escalating trade frictions with the United States. So those who have doubts about China's future coarse can rest assured that China will stick to the road of reform and opening-up.
In a phone conversation with US Secretary of State Mike Pompeo on Saturday, Chinese Foreign Minister Wang Yi urged the United States to mend its ways or bilateral relations will otherwise further deteriorate.
The surprise victory of Australia's Liberal National coalition on Saturday gives Prime Minister Scott Morrison's Liberal Party a third term in government. But apart from delivering his campaign promises to the Australian people, of which he made few, Morrison may also need to recalibrate his country's relations with China. Especially as his new government has to work out how to afford tax cuts and pay for a budget based on what are considered fanciful growth forecasts.
THE UNITED STATES keeps accusing China of "coercive technology transfers", but this claim is neither new nor true. Zhong Sheng, a columnist for People's Daily, comments:
WHEN IMPOSSIBLE FOODS, a company that develops plant-based substitutes for meat and dairy products, announced on May 13 it had raised $300 million in a new financing round, many media outlets described "vegetarian meat" as if it were a new concept. China Daily writer Zhang Zhouxiang comments:
On May 15, the United States Department of Commerce announced it had put the Chinese telecommunications company Huawei on its Entity List, which means US companies have to get the government's permission to supply Huawei with their products. Zhong Sheng, a columnist for People's Daily, comments:
After the 11th round of Sino-US trade talks, the representatives of the two sides said they were willing to continue consultations. But now that the United States administration has raised the tariffs on $200 billion of Chinese goods from 10 percent to 25 percent, the question to ask is: What impact could Washington's move have on the US and Chinese economies?
The campaign is coming to an end. The candidate lists have been submitted to voters at the national level, which involves 28 different political configurations in each of the European Union member states based on the discussion of domestic issues. And due to the postponement of Brexit, the United Kingdom will take part in the elections to the European Parliament from Thursday to Sunday, even though its deputies might attend the EP for just a few months.
For many, China's rapid development is an "economic miracle". Yet some in the United States claim that it is the US that has "rebuilt" China in the past 25 years. Suffice it to say such a conclusion is ridiculous.
The root cause for the repeated twists and turns in the China-US trade talks lies, to a great extent, in the United States' serious deviation from, and disdain for, the objective laws of economics. The fact that China will never accept its unreasonable demands further complicates the matters for the US.
According to a report on the housing markets of 70 cities in April, which the National Bureau of Statistics released on Thursday, Hohhot, capital of the Inner Mongolia autonomous region, is exceptional in terms of rising housing prices.
|
|
|
|
|
|
|
|