Tuesday, 22 October, 2019

"China Trade Talks ''Going Well" But Wants To See Xi Jingping

Is This the End of the WTO as We Know It US-China trade talks: Technology theft may be biggest hurdle
Steven Clarke | 31 January, 2019, 18:11

Top US and Chinese trade officials returned to the bargaining table Wednesday, working to avoid a sharp escalation in the trade war between the world's two largest economies. If both sides fail to reach an agreement by March 1, US tariffs on Chinese goods will be raised to 25 percent from 10 percent.

Robert Lighthizer, the USA trade representative and the Trump administration's lead negotiator this week, wants China to toughen intellectual property protections and to stop what he said is unfairly subsidizing its state-owned enterprises. The International Monetary Fund lowered its 2019 global growth forecast this month, saying trade tensions could begin to hurt financial markets, risking a more pronounced slowdown.

Liu He is also a member of the Political Bureau of the Communist Party of China Central Committee and chief of the Chinese side of the China-U.S. comprehensive economic dialogue.

China has reportedly extended an olive branch to the United States ahead of the talks. But the details of that still need to be negotiated.

On Wednesday, China's trade delegation was given a jolting start to its visit to Washington when it was confronted by Chinese protesters en route to the first day of negotiations.

"Unfortunately, as was true for China's previous notifications, China's most recent notification suffers from both severe under-reporting of important programs and significant over-reporting of irrelevant or minor programs".

At one of the stalls in trade talks in 2018, President Trump told Breitbart News he believed China "would love to make a deal", but wasn't yet ready to negotiate.

Analysts say Beijing's offer could be part of a strategic move. Beijing shot back by demanding that the Trump administration pull back from what it called an "unreasonable crackdown" on the Chinese maker of smartphones and telecom gear.

Priest celibacy not optional, says Pope Francis
Pope John Paul II made that change in church policy in 1980 in response to a shortage of available priests in certain areas. Francis' openness to considering the prospect of allowing older married men to become priests is not without precedent.

But Chinese President Xi Jinping most likely also wants to make sure his side comes out of these negotiations looking like winners.

"No final deal will be made until my friend President Xi, and I, meet in the near future to discuss and agree on some of the long standing and more hard points".

But US officials insist the trade talks and Huawei prosecutions are not related.

Still, Monica de Bolle, senior fellow at the Peterson Institute for International Economics, said Tuesday the Huawei case could only complicate matters in the trade negotiations. The U.S.'s unveiling this week of criminal charges against Chinese corporate giant Huawei Technologies Co. isn't helping the mood. The company denies the allegations.

But U.S. business groups said the draft law will not address the real regulatory issues of concern where forced technology transfer is occurring in the Chinese system. "Rob the American company of its intellectual property, replicate that technology and replace the American company in the Chinese market and, one day, in the global market".

Analysts, however, say a red line for Beijing is likely to be any U.S. proposal that may derail its ambitions to become a global leader in areas such as information technology, high-tech transport, energy saving and new materials, its so-called "Made in China 2025" plan. China has signaled a willingness to buy more American products, such as soybeans and natural gas. "And I regard that as a big plus".

The impact from tariffs and the trade dispute is unmistakable and broad. But the dispute with the U.S. is also hurting its trade-dependent regions such as Hong Kong, where exports fell by 5.8 percent last month.

"Given the weakness in the Chinese economy and the fact that the USA will certainly be slowing down, that's not a pretty picture", Lardy said. USA industrial equipment giant Caterpillar and chipmaker Nvidia both mentioned weakness in their China markets in their latest results.

Recommended

  • The Twilight Zone reboot announces premiere date, release schedule

    It turns out, the series made such an impact on him, his sophomore feature film, Us, was inspired by a specific episode. Instead, it will debut on CBS All Access , as a gift to subscribers of the channel's forthcoming streaming service.
    Chelsea interested in summer move for Barcelona's Ivan Rakitic

    Chelsea interested in summer move for Barcelona's Ivan Rakitic

    I'm 30 and I am in the best form of my career. "I want to be here, and if my contract could be renewed, I would stay longer". He has amassed close to 250 appearances for Barcelona , netting 32 times and being on hand to assist a further 33 goals.
    Angry Sarri repeats claim he can not  motivate Chelsea players

    Angry Sarri repeats claim he can not motivate Chelsea players

    Redknapp reckons allowing the Brazilian to go would give more first-team opportunities to want-away winger Callum Hudson-Odoi. Having recently publicly criticised his players, Sarri kept them in the dressing room for around an hour after the defeat.
  • Alibaba profit up but revenue growth eases

    Alibaba profit up but revenue growth eases

    Joe Tsai, executive vice chairman of Alibaba Group speaks to journalists during Alibaba's 11.11 Global Shopping Festival. Tsai said that Chinese consumers' consumption is still strong and is expecting it to grow over the next 5-10 years.
    Doctor loses license after suggesting weed cookies to control kid's tantrums

    Doctor loses license after suggesting weed cookies to control kid's tantrums

    Eidelman had previously recommended marijuana for the father's ADHD and bipolar disorder, according to the board report. It was discovered when the school nurse was asked to give the boy his marijuana cookies at lunchtime.
    Apple’s next-gen, low-cost iPad may skip Face ID

    Apple’s next-gen, low-cost iPad may skip Face ID

    Though the number groupings remain to be comforted, the provisional numbers appear to indicate at least two distinct device types. Face ID is expensive to implement, and the new iPads are rumoured to be marketed as affordable models using cheap display panels.
  • Volkswagen electric Dune Buggy concept brings the 60s to the present

    Volkswagen electric Dune Buggy concept brings the 60s to the present

    Klaus Bischoff , head designer at Volkswagen , describing the electric buggy concept, said, "A buggy is more than a auto . The twist here is the vehicle is based on the company's modular electric drive matrix (MEB), and will be fully electric.
    India’s unemployment rate hit 45-year high in 2017/18

    India’s unemployment rate hit 45-year high in 2017/18

    The Indian economy has been expanding at a rate of over 7 per cent annually, one of the fastest in the world. Male unemployment stood at 4.3 percent, while it was 8.7 percent among women in 2015-16, the data showed.
    IOS 12 Jailbreak: Developers Are Progressing At A Fast Pace

    IOS 12 Jailbreak: Developers Are Progressing At A Fast Pace

    This includes the inclusion of TV support in HomeKit, new cosmetic changes around certain corners and more. With the implementation in iOS 12 .2 beta, you can set your time window for individual days of the week.
  • West Ham make late move for Chelsea striker Batshuayi

    West Ham make late move for Chelsea striker Batshuayi

    Everton are attempting to sign Michy Batshuayi on a permanent deal from Chelsea , with the Belgium striker expected to cost around £35m.
    'Lord Of The Ringos': The Beatles Announce New Movie With Peter Jackson

    'Lord Of The Ringos': The Beatles Announce New Movie With Peter Jackson

    Peter's film is thought to be released next year, which marks the 50th anniversary of Let It Be , sources told Variety . According to the Beatles website, the footage was originally planned for a TV special.
    Justin Bieber Has Finally Released His First Drew House Collection

    Justin Bieber Has Finally Released His First Drew House Collection

    If you thought it was absurd to wear clothing with a celebrity's first name on it, try their middle name. "Come chill. Bieber has launched the website for a new unisex athleisure line called Drew House .

Intel Patent Heralds Foldable Future Merging Phone and PC Intel Patent Heralds Foldable Future Merging Phone and PC The Tiger Rapids notebook is equipped with a regular LCD display and an EPD (Electronic Paper Display) to save energy. If you aren't typing, it can also be used as one large screen for reading documents or watching videos.

Pink Floyd's David Gilmour To Sell Some Of His Historic Guitars Pink Floyd's David Gilmour To Sell Some Of His Historic Guitars From 1970 to 1986, the instrument served as Gilmour's primary tool for live performance and work in the studio. Gilmour said in an interview with Rolling Stone , "These guitars have been very good to me".

Utah man sues Gwyneth Paltrow for alleged ski slope ‘hit and run’ Utah man sues Gwyneth Paltrow for alleged ski slope ‘hit and run’ The alleged incident occurred on 26 February 2016, on a novice run at Deer Valley Resort. Sykes, told The Salt Lake Tribune that Paltrow's lawyers aren't denying the collision.

Pochettino fears Tottenham will make no signings before deadline day Pochettino fears Tottenham will make no signings before deadline day At the moment we are trying, but it's tough to win. "No, it's because we've done things to compete and to be at a higher lever, or closer".

Xiaomi Redmi Note 7 Pro 6GB RAM variant expected in February Xiaomi Redmi Note 7 Pro 6GB RAM variant expected in February Powering the Redmi Go is a modest 3,000mAh battery which charges via microUSB and it also lacks a fingerprint sensor. Last year, multiple leaks had claimed that Xiaomi will be launching the Mi Max 3 Pro handset along with Mi Max 3.

West Indies on the verge of victory West Indies on the verge of victory The guys played extremely well - prepared well, executed well so I'm just very happy for the boys". We will sit down, have a chat and try to get to the bottom of it.

Cricket Betting Tips and Match Prediction- New Zealand v India 4th ODI Cricket Betting Tips and Match Prediction- New Zealand v India 4th ODI New Zealand just rolled New Zealand for just 92 - their seventh lowest ODI score. With the ball, Bhuvneshwar Kumar took two wickets for India .

Ireland v England: Manu Tuilagi starts in Six Nations opener Ireland v England: Manu Tuilagi starts in Six Nations opener England defence coach John Mitchell expects Ireland to adopt a boring game plan for their Six Nations clash in Dublin on Saturday.

Meghan and Harry's wedding was 'once-in-a-lifetime magical experience' Meghan and Harry's wedding was 'once-in-a-lifetime magical experience' Markle's other royal patronages are the Association of Commonwealth Universities, Smart Works (an organization that helps unemployed and vulnerable women) and animal charity Mayhew.

Rafael Nadal Is Engaged to Girlfriend of 14 Years Xisca Perello! Rafael Nadal Is Engaged to Girlfriend of 14 Years Xisca Perello! Rafael Nadal and his long-term girlfriend Xisca Perello are engaged after 14 years together, it has been confirmed Wednesday. Roger Federer got married in 2009, Novak Djokovic Wednesday in 2014 and Andy Murray tied the knot in 2015.

Australian PM promises 1.2 million jobs by 2024 Australian PM promises 1.2 million jobs by 2024 The Newspoll of 1634 voters was taken between Thursday and Sunday and has a 2.5 point margin of error. Mr Morrison will today say the Government has credibility when it comes to creating jobs.

Dwayne Johnson Confirms He Won't Be in 'Fast and Furious 9' Dwayne Johnson Confirms He Won't Be in 'Fast and Furious 9' He could potentially return for Fast and Furious 10, now slated to be the final entry in the franchise though, he added. The Rock recently spoke with MTVNews and dropped word that Fast and Furious 9 will be missing a couple of favorites.

Morata ends Chelsea nightmare with Atletico Madrid loan Morata ends Chelsea nightmare with Atletico Madrid loan Sarri has suggested Morata's problems are mental, and the striker will hope being back in familiar surroundings aids his cause. He arrives to a team with forwards including Antoine Griezmann, Victor "Vitolo" Machin, Nikola Kalinic and Diego Costa.

US sends first Central American asylum seeker to Mexico US  sends first Central American asylum seeker to Mexico Adding to a sense of confusion, Guillen said Mexico will only allow it at the one crossing that connects San Diego and Tijuana. According to officials, some 20 migrants per day will be returned to Mexico after filing their asylum cases in the U.S.

European Union leader Juncker: British vote raises risk of disorderly Brexit European Union  leader Juncker: British vote raises risk of disorderly Brexit Britain and the European Union struck a divorce deal in November after a year and a half of tense negotiations. The border area was a flashpoint during decades of conflict in Northern Ireland that cost 3,700 lives.