lear that if the US treats the Chinese negotiating team with respect and shows the willingness to talk wit hout using outside pressure, there is a high possibility that there could be a productive trade deal. “Otherwise, I think we might be facing a prolonged period of problems for both sides,” she said. Regan, at the close of their 15-minute talk, said again, “No one wan ts trade wars. But we have to think long hard about the right next steps.” Liu, however, did counter an assertion by Regan that China’s government controls its entire economy. “Everybody thinks that China’s economy is state-owned, state-controlled, everyRead More →

aterials to the US, Gao Feng, the ministry’s spokesman, said China has been the world’s largest supplier of rare earth materials and has always been keen to m eet the demand of its trade partners on this material to promote the rare earth industry. The ministry made the remarks after the Trump administration starting May 10 raised tariffs on Chinese goods and rest ricted Huawei’s business operations, which has harmed the interests of companies and financial markets on both sides. “While satisfying domestic demand, China is always willing to fulfill other coun tries’ rightful needs for rare earth materials,” he said. “But if any countryRead More →

China and Niger should enhance Belt and Road cooperation and implemen t major projects in areas such as infrastructure, energy and agriculture, President Xi Jinp ing said on Tuesday. Xi made the remark while meeting with Niger’s President Mahamadou Issoufou at the Gre at Hall of the People in Beijing. Issoufou is paying a state visit to China from Sunday to Thursday. Witnessed by the two leaders, China and Niger signed a number of cooperation documents after their talks. Xi appre ciated Issoufou’s efforts in promoting the China-Niger and China-Africa friendship over the past few years. Not ing that China and Niger are good friends,Read More →

form and opening-up drive, and said the country’s success has not only brought changes to itself, but als o has profound and positive influence on the world. Vanuatu firmly honors the one-China policy and supports the Chinese government in its efforts to realize peaceful national reunification, he added. oreign investors may get access to more onshore commodity contracts  China will give foreign investors more access to its commodity futures market as part of it s continuing efforts to strengthen the real economy, the top securities regulator said on Tuesday. The move will benefit both overseas and domestic market participants, and the opening-up of the stockRead More →

At least four deaths have been blamed on crowding during the climbs, Agence France-Presse reported. People should be well prepared to handle Qomolangma’s traffic jams which are common phenomena along climbing paths, said alpinists who had reached the summit. “Although the news about the jam on Qomolangma this year has gone viral, people should understand that it happens every year during the brief cl imbing window. Knowing what to do when climbers jam the narrow paths should be incl uded in their training well in advance,” said Ma Liyamu, who reached the top of Qomolangma, the world’s ta llest mountain at 8,848 meters, on MayRead More →

andu recovering from frostbite she contracted during crowded conditions, told AFP that cli mbers without basic skills should be barred to prevent a recurrence of this year’s deadly season. The 29-year-old Indian had to wait 20 minutes to come down from the peak. She saw some clim bers without basic skills fully relying on their Sherpa guides. Officials should change the qualification cri teria. Poorly trained climbers put their own lives at risk and also the lives of the Sherpas, Chauhan said. Some climbers died due to their own negligen ce. They insisted on reaching the top even when their oxygen was running out, sheRead More →

resident’s message calls for tackling legal, security, governance challenges President Xi Jinping called on Sunday for strengthened cooperation among countries to explor e opportunities of digital, internet-based intelligent development and to properly address leg al, security and governance challenges arising from big data industry development. He made the remarks in a congratulatory letter to the China Intern ational Big Data Industry Expo 2019, which kicked off in Guiyang, Guizhou province. The new generation of information technology, represented by the internet, big data and artificial intelligence, is booming at present and has significant and profound influence on various countries’ economic development, social progress and people’s lives,Read More →

nsultancy Automotive Foresight, said SEAT’s smaller cars will help its parent company to reach custo mers in China’s smaller cities, where electric cars built on Volkswagen’s own platforms would be less affordable. Volkswagen, as well as its subsidiaries from Audi to Porsche, plan to deliver aro und 1.5 million electrified vehicles, most of them pure electric cars, in China by 2025. It also expects global sales of electrified vehicles will total 22 million by 2028, and half of them will be produced in China. China overtook the United States as the largest producer and market of new energy vehicles in 2015. The China Association ofRead More →

Spain’s largest carmaker SEAT is set to make a comeback in China around 2021, a move that will help its parent company Volkswagen AG secure a larger share in the world’s largest new energy vehicle market. “The Spanish brand aims to enter the Chinese market in the coming two to three years,” said Volkswagen in a stat ement on Tuesday, citing an agreement it signed with SEAT and Chinese carmaker JAC Motors. SEAT pulled out of China in 2014 after two years of poor sales of its gasoline vehicles. This time, it will enter the Chinese market through JAC Volks wagen, a 50-50 joint ventureRead More →

ge’s UK Independence Party won with 26.8 percent, followed by Labour on 24.7 percent and the Conse rvatives on 23.3 percent. The Greens won 7.7 percent in 2014 and the Liberal Democrats 6.7 percent. Turnout was 35.6 percent. Greater access to China’s financial sector will encourage global investors and dispel the gloom clouding the g lobal economy amid Beijing’s trade tensions with Washington, according to senior officials and economists. Chinese financial regulators are preparing a comprehensive opening-up, with more new measures in the pipeline. Foreig n institutions with advanced performance in risk management, credit rating, consumer finance, endowments and health insurance are especially welcome, senior officials stressedRead More →