Tuesday, 20 November, 2018

China's president vows to raise imports amid trade dispute with US

Xi has said the expo proves China is willing to reduce its huge trade surpluses with other countries Xi has said the expo proves China is willing to reduce its huge trade surpluses with other countries More
Russell Knight | 05 November, 2018, 21:28

The two countries have set tariffs on hundreds of billions of dollars of each other's goods and U.S. President Donald Trump has threatened to slap tariffs on the remainder of China's $500 billion-plus exports to the United States if the trade dispute can not be resolved.

In October, Ma told World Trade Organization delegates that the Geneva-based body has come under threat from Trump's efforts to recast the global trading system in a way that he says will be more balanced toward the U.S. The American president has this year targeted allies and adversaries alike, threatening tariffs on all of China's exports, proposing levies on European car-makers and saying he could leave the WTO, which he has described as "unfair".

U.S. President Donald Trump has railed against China for what he sees as intellectual property theft, entry barriers to U.S. business and a gaping U.S. trade deficit.

Xi's remarks come at a time of heightened tension between China and some of its biggest trade partners, particularly the United States, which has imposed tariffs on $250-billion worth of Chinese goods so far.

Ma, the billionaire owner of China's largest online shopping portal, made the headline-grabbing job-creation promise to Trump a year ago, when Beijing was still courting the then-newly elected president.

Xi's government is emphasizing the promise of China's growing consumer market to help defuse complaints Beijing abuses the global trading system by reneging on promises to open its industries.

The US and European Union business lobbies in China, and the French and German ambassadors to Beijing, last week called on China to use the expo to announce concrete change, saying it too often fails to deliver on promises.

Newlyweds reportedly die in helicopter crash leaving their wedding
Elliss said Ackerman was set to graduate in December and Will in May. "One day we will all see their smiles and dimples again". The DPS and the Federal Aviation Adminstration are investigating the incident.

Cubs Exercise Option On Hamels, Trade Smyly To Rangers
If Chicago declined, the Rangers , Hamels's former team, would have paid a $6 million buyout, allowing him to become a free agent. Hamels struck out 13 while pitching a no-hitter at Wrigley Field in his final start with Philadelphia in 2015.

'Bring on New Zealand' - Jones
Farrell has also escaped a citing commissioner's warning - a sanction for offences deemed to be between a yellow and a red card... As a rugby referee, you probably dread having to make a call, after the hooter, that could potentially decide the test match.

But US officials say that approach amounts to China buying its way out of trouble with a short-term import surge rather than real change, and Washington snubbed the gathering by not sending high-level representation.

Xi said China would seek to "step up" moves to stimulate domestic consumption of imports, lower tariffs, ease customs clearance procedures, and implement harsh punishments for intellectual property infringements, among other measures. Nearly half of companies surveyed in June by the European Chamber of Commerce in China said they missed out on business opportunities due to regulatory barriers or market access restrictions, and they expected obstacles to increase during the next five years.

The event is being attended by several foreign heads of government including Russian Prime Minister Dmitry Medvedev and Pakistani premier Imran Khan. The Chinese government's top diplomat, State Councillor Wang Yi, said in March that China would import $8 trillion of goods in the next five years.

China is hosting the first ever import expo that is attended by hundreds of companies and participants from over 130 countries among them Kenyan horticultural farmers and traders.

Swiss President Alain Berset did not make the trip to China, despite being announced as among attendees by China's foreign ministry last week.

Exhibitors from around 140 countries and regions will be on hand, including 404 from Japan, the most of any country.

A handful of countries are being represented by a single exhibitor selling one product. Tiny São Tomé is selling package holidays.

Recommended

  • Rick Grimes' Walking Dead Adventures Will Continue In Movies

    Rick Grimes' Walking Dead Adventures Will Continue In Movies

    Rick's return: "The story of Rick will go on in films, ' Gimple says". Sure, it makes you a coward, but we won't tell anybody. The movies are scheduled to begin production in 2019.
    Saudi Arabia grilled over human rights record at United Nations  council

    Saudi Arabia grilled over human rights record at United Nations council

    There has been widespread speculation about the events leading to the death of Khashoggi, most of which has since been retracted. Turkey wants the suspects extradited but Saudi Arabia has maintained they will be prosecuted nationally.
    WHO Speaks On Discovery Of Cure For HIV/AIDS In Zimbabwe

    WHO Speaks On Discovery Of Cure For HIV/AIDS In Zimbabwe

    The WHO's representative in Zimbabwe , Dr Alex Gasaira says " there is no cure for HIV infection ". Aguma is the herb which Magaya said he was shown by God two years ago.
  • Mac Miller: US rapper died from drug overdose

    Mac Miller: US rapper died from drug overdose

    Last week, a benefit concert was held in Los Angeles to raise money for the Mac Miller Circles Fund in honor of the hip-hop star. TMZ reports that Miller had not taken a lethal amount of each individual drug, but that the combination is what caused his death.
    10th death reported at Wanaque Center; assemblywoman demands probe

    10th death reported at Wanaque Center; assemblywoman demands probe

    New Jersey health officials report a 10 medically fragile child confirmed to have the adenovirus infection has passed away. To date, the individuals associated with the outbreak became ill between September 26 and October 29.
    Spice Girls set to reunite for 2019 United Kingdom  tour

    Spice Girls set to reunite for 2019 United Kingdom tour

    It was previously announced that she would not be joining her former bandmates for their comeback tour. Reportedly, she is prioritizing her fashion business and has opted to sit out of the festivities.
  • These leaked press renders show the OnePlus 6T Thunder Purple color variant

    These leaked press renders show the OnePlus 6T Thunder Purple color variant

    There's no word on worldwide availability, but it will cost 3,999 Yuan (£399) and comes with 8GB of RAM and 128GB of storage. The new variant is called Thunder Purple OnePlus 6T , already known from official promo images we reported earlier today .
    Target Reveals Black Friday Plans

    Target Reveals Black Friday Plans

    Target says it will also have a new mobile checkout option, following a similar announcement that Walmart made earlier this week. In terms of doorbuster sales, you can get an Xbox One S 1TB Minecraft Creators Bundle, plus $60 Kohl's Cash for $200.
    Man United Fans Will Love What Mourinho Said After Bournemouth Match

    Man United Fans Will Love What Mourinho Said After Bournemouth Match

    United were run ragged by Eddie Howe's men in the first half who deserved to be in a handsome lead come the end of the first half. In Florence, Florenzi snatched a point for Roma five minutes from time to cancel out Jordan Veretout's first-half penalty.
  • Why James Milner was furious with teammates during Arsenal match

    Why James Milner was furious with teammates during Arsenal match

    Coming away from Arsenal and being disappointed with a draw is a positive, and also the amount of chances we created". They have one from us [the 0-0 draw at Anfield], if they get 89 more I have no influence on that.
    Co-pilot arrested after tests found alcohol levels 10 times over legal limit

    Co-pilot arrested after tests found alcohol levels 10 times over legal limit

    He appeared in court in London on Thursday and pleaded guilty to exceeding the alcohol limit, according to the BBC . First officer Katsutoshi Jitsukawa, 42, was already in the cockpit when police detained him on Sunday evening.
    Floyd Mayweather Will Fight In RIZIN FF

    Floyd Mayweather Will Fight In RIZIN FF

    I wanted to display my skills outside the US and be in a special fight", Mayweather said at a press conference in Tokyo on Monday. As a professional I haven't had a chance to go outside the U.S. to display my skills and to display my talent for the world'.

Amazon drops its $25 free shipping minimum for the holidays Amazon drops its $25 free shipping minimum for the holidays Amazon's offer, which started Monday, applies to hundreds of millions of items and on orders that arrive in time for Christmas . Today Amazon announced that they are offering free shipping to everyone in the United States with no minimum purchase needed.

Teachers in border wall Halloween costumes put on leave Teachers in border wall Halloween costumes put on leave Middleton also indicated he did not believe there was any malicious intent. News Radio 1310 has reached out to the school district for comment.

Apple Reveals New MacBook Air and iPad Pro During New Showcase Apple Reveals New MacBook Air and iPad Pro During New Showcase The Apple Pencil responds to the touch and users will be able to change or switch between the tools with just a touch. The iPad Pro comes with a price tag of $799 for the 11-inch variant and $999 for the 12.9-inch variant in the US.

Lowe's to close two mid-Michigan stores Lowe's to close two mid-Michigan stores Lowe's Companies, Inc. announced Monday the closure of 20 stores in the US and additional closures in Canada and other locations. Lowe's says it expects to close the impacted stores by the end of the company's 2018 financial year, February 1, 2019.

Asian, European friends rally behind Iran amid sanctions Asian, European friends rally behind Iran amid sanctions America should learn that it can not use the language of force against Iran ... "We have to stand to win." the president said. We are confronting a bullying enemy. "The US - and not Iran - is isolated", Zarif said in a tweet.

Kepler Telescope is Dead after Finding Thousands of Alien Worlds Kepler Telescope is Dead after Finding Thousands of Alien Worlds Kepler was originally positioned to stare at one star-studded patch of the sky in the constellation Cygnus. Kepler was replaced by the Transiting Exoplanet Survey Satellite (TESS), which was launched in April.

Trump distancing self from fate of GOP in House Trump distancing self from fate of GOP in House What's likely to happen? "We're not only going to hold the majority, I think we're going to add to it", Sen. American voters have watched the economy grow for two years under Trump, McDaniel said on ABC .

Dodgers Nearing Extension With Clayton Kershaw Dodgers Nearing Extension With Clayton Kershaw The turnaround was so quick that Clayton Kershaw's opt-out deadline was pushed from midnight ET on Wednesday to 4 p.m. The Cubs traded left-hander Drew Smyly to the Rangers , clearing his $7 million salary from the payroll.

Theresa May ‘strikes secret Brexit deal over customs union’ Theresa May ‘strikes secret Brexit deal over customs union’ But some of Britain's biggest corporate names have had enough of the government's handling of the negotiations. That in turn could sway the euroskeptic wing of her Conservative Party.

Iran erupts as United States oil sanctions return Iran erupts as United States  oil sanctions return The new wave of sanctions, the second since August, will target Iran's energy, shipbuilding, shipping, and financial sectors. Earlier, thousands of Iranians chanted "Death to America" at a rally to mark the anniversary of the seizure of the U.S.

Bayern consider legal action over European Super League claims Bayern consider legal action over European Super League claims A report Bayern Munich and Karl-Heinz Rummenigge tried to form a European "Super League" has been rejected by both parties.

Booms and Busts in Textured Soy Protein Market Booms and Busts in Textured Soy Protein Market The information is gathered by it on the grounds of global Rice Protein market trends, industry plans, along with other elements. The global Textured Soy Protein market is reviewed in terms of revenue [USD Millions] as well as volume [k.MT] of the market .

Manchester City vs. Southampton - Football Match Report Manchester City vs. Southampton - Football Match Report Aguero doubled their tally from close range after Sterling breezed through Southampton's hapless defence and passed into the danger zone.

Girl Scouts and adult picking up highway trash killed in alleged hit-and-run Girl Scouts and adult picking up highway trash killed in alleged hit-and-run Another group of girls and an adult chaperone were on the other side of the road shoulder at the time of the crash. The status of those two are not known at this time but are believed to be in critical condition.

Angela Simmons' Ex Shot And Killed In His Garage Angela Simmons' Ex Shot And Killed In His Garage Angela Simmons attends WE tv's " Growing Up Hip Hop " premiere party at Haus on December 10, 2015 in New York City. The daughter of Rev Run also wrote in the caption that she was grateful to fans 'for the out pouring of love'.