His observations des上海千花坊 audience, especiall

ally those whole-heartedly trumpeting an all-round trade war.

But as Paulson also pointed out, what is at stake goes far above and beyond a trade war.

上海千花坊Which is why, despite their continuing differences, Beijing and Washington should work together to make the upcoming Xi-Trump meeting a success.

Economic disputes will not come in the way of China’s reform and opening-up efforts to attract investment

Over the past year, the US government has unilaterally provoked and escalated economic and trade friction with China, with negative impacts on bilateral economic, trade ties and global economic development.上海千花坊

During this rare dispute, voices from home and abroad have made a lot of statements, making the cause and the facts clearer. China-US economic and trade friction in上海千花坊

volves a lot of issues, which need further clarification. The Chinese believe in truth and are not afraid of the clarifications.

• Is the Sino-US trade relationship a zero-sum game?上海千花坊女神会所

Some people in the US stirred up economic and trade friction with China with a solitary reason in mind – loss of profit to US firms and excessive gains for Chinese firms in bilateral

上海千花坊trade, making the issue a threat to Washington’s economic and even national security. This view, which is full of Cold War bias, reflects the hegemony and zero-sum ga

me thinking. Is Sino-US economic and trade relation a zero-sum or win-win game? The answer is clearly both in theory and in practice.

In international economic cooperation, trade relations are based on mutually beneficial exchanges, rather than a zero-sum game in which one side benefits and the o

t上海千花坊女神会所her loses. International trade can lead to optimized allocation of global resources, the common development of all economies involved and the common pr

ogress of human society. The history of international trade and the trade between China and the US have proved that such a practice is effective, and such p

ractical experience has long been the basic principle of international economic study. Since the establishment of diplomatic relations between the two co上海千花坊女神会所

untries, bilateral trade in goods increased 252-fold, from less than $2.5 billion to $633.5 billion between 1979 and 2018.

In the past four decades, two-way investment has grown from almost zero to over $160 bil

lion, making the two countries a vital investment partner for each other. The history of Sino-US ec

onomic and trade relations proves that both countries have benefited in industrial development and optimization. The trade relations have cre

ated a situation in which both parties won rather than one in which China progressed and the US lost out.

• Is US’ insistence on “fair trade “really fair?

Some people in the United States accuse China of adopting unfair and unequal trade policies that

have caused the US trade deficit with China. They tried to grab fair trade as a way to keep the moral high

ground in public opinion. However, what is “fair trade”? Fairness is a matter of history. In international trade, due to the difference in the stages of developm

ent, specific conditions and interests from different countries, in order to make trade happen smoothly, the

international community has formed trade rules through negotiations on an equal footing.

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In the 1950s, the Amer 上海千花网try was seen as the

e prototype of how business should be run. Car company executives were seen as the most capable manage

 上海千花网品茶微信rs. In 1953, president Eisenhower chose Charles Wilson, known as “engine Charlie,” to be his Secretary of Defense.

Then, in 1961, president Kennedy chose Ford president Robert McNamara for the same position. (Of course, McNamara’s incredible mismanagement of the war in Vietnam reduced any confidence that car company executives were especially competent.)

By the late 1960s, the “big three “car companies in the US – General Motors, Ford, and Chrysler – formed a virtual oligopoly and turned lazy. 上海千花网

I remember American cars my father bought in these years often overheating and breaking down by the side of the road. Dad would have to stay by the car with my m

other and sisters while I walked a long way to find a service station and arrange a tow. (This was long before mobile phones.) 上海千花网品茶微信

So, American consumers were ready for more competitive Japanese-made cars, which had consistently high

er quality, to enter the market. My father switched to Japanese cars in the 1970s, and never bought another American-made car. 上海千花网

American car companies saw their profits fall and were not able to pay their workers t

he very high wages made possible by a closed, non-competitive market. The US government responded by

 上海千花网品茶微信imposing quotas on the import of Japanese cars and by pushing Japan to rapidly raise the value of the yen.

Obviously, there was a conflict. American consumers benefitted from the cheaper, better cars while workers at the big three saw their jobs become less secure and the

ir wages fall. Fortunately, the protection was only partial and temporary, so the competition eventually forced US carmakers to improve.

Competition is at the heart of the current disputes over globalization and technology. On net, the spread of econo 上海千花网品茶微信

mic opportunities around the world has been a great boon. Many products are more widely and cheaply available than ever before.

Many countries, including China and India, have greatly reduced poverty and given opportunities to their people that would have been undreamed of by earlier ge 上海千花网

nerations. American and Western European companies and consumers have greatly benefitted.

But nobody really likes competition against themselves. Most people like some degree of stability and protection. A worker w

ho has put in 20 or 30 years in an industry will definitely feel that it is unfair to have to move to a much lower-pa

ying service job. A company facing new competitors will try to convince its home government to stop the competition.

Americans saw many benefits from the second globalization period. As Japanese and, later Chinese, manufacturers began to export t

o the US, many consumer goods became a lot cheaper in US stores. Many American companies made good profits by exporting t

o the newly open markets or by outsourcing manufacturing to cheaper and/or better factories outside the US.

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Promoting SME globalization on the world stage

Economic relations between China and Cote d’Ivoire are set to deepen, as t

he latter became the first African country to co-host the 13th China International Small and Medium En

上海品茶微信女神会所terprises Fair that takes place in Guangzhou, capital of Guangdong province, from Oct 10 to 27.

Azoumana Moutaye, head of the country’s Ministry of National Entrepreneurshi

p, Handicrafts and Promotion of SMEs, said China and Cote d’Ivoire jointly organizing the interna

tional event indicated that bilateral relations between the two countries has reached a new peak.上海品茶微信

Cote d’Ivoire, with a population of around 23 million, has become one of Africa’s most resurgent economies in recent ye

ars. Its economy will be the second-fastest growing in the world this year, as predicted by the International Monetary Fund.上海品茶微信女神会所

About 60 Ivorian enterprises led by Moutaye have participated in the exhibition, showcasing

and promoting their products in such industries as agriculture, communication, energy, construction and logistics.

Promoting SME globalization on the world stage上海品茶微信女神会所

Another foreign co-host is India. Following Russia, it is the second BRICS country that is involved in organizing the fair.

Indian Minister of Micro, Small and Medium Enterprises Kalraj Mishra hoped the fair would be上海品茶微信

tter promote the cooperation between Chinese and Indian SMEs and help them achieve more substantial results.

上海品茶微信女神会所Small and medium-sized companies play a big role in India’s economic development, as 95 percent of the country’s companies are SMEs.

During the fair, textiles, machinery and equipment, hardware and electrical appliances and other goods from 124 Indian firms will be displayed.

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As the tent could not上海乌托邦品茶微信s at once, it allo

allowed 94 stu上海乌托邦品茶微信dents into the tent and accommodated the rest at a home for the elderly in the town.

Music, fine arts and composition classes were given in the tent classroom.

In the music class, Zeng Yingtian taught the students how to sing As Resilient as Bamboo.

Written by a high school teacher in Changning, the song said quake-affected people would

not cry, even if they shed tears, as they were uncrushed bamboo and green hope would arise from the debris.

In the fine arts and composition classes, students were told to draw pictures of people involved in earthquake relief and write w

ords of gratitude. Some of the students sent their drawings to policemen and people in charge of quarantine.

Since the earthquake, the Changning quake zone has received donations of more than 100 million yuan from companies and individuals.

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Those who wishe上海千花网女神会所llowed to do so only

 after legalizing th上海千花网女神会所eir marriages and their residence status.US President Donald Trump speaks during a meeting with Canadian Prime Minister Ju

stin Trudeau in the White House on Thursday. Trump said he aborted a military strike on Iran because it could ha

ve killed 150 people, a disproportionate response to Tehran’s downing of an unmanned US surveillance drone

Chen said China has signed bilateral agreements on fighting human trafficking with Myanmar, Cambodia, Laos, Vietnam and Thailand.

Also, China has established eight border offices with the neigh

boring countries, including four with Vietnam, to assist in curbing human trafficking.

The ministry said the Chinese police would continue to pay close

attention to such crimes and encourage members of the public to report suspected cases.

Punishments also will be increased for Chinese buyers, according to the ministry.

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Australian-born Assan上海千花网品茶微信aximum penal

ty of 10 years in 上海千花网品茶微信prison for each charge. He was initially accused of violating the US Espionage Act.

He was sentenced to 50 weeks in jail in May for breaching the Bail

Act in Britain after having been expelled from Ecuador’s Embassy in London, where he was gra

nted refuge in 2012 while on bail in Britain over sexual assault allegations against him in Sweden.

Assange has said that he does not consent to being extradited to the US over charges related to leaking government secrets.

More evidence and details emerged as prosecutors laid out their cas

e in the federal death penalty trial of Brendt Christe

nsen in the slaying of 26-year-old missing Chinese scholar Zhang Yingying, at the federal courthouse on Thursday.

Christensen, 29, a former physics graduate student at the University of Illinois,

is accused of picking up Zhang at a campus bus stop, then raping and torturing her in his apartment,

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economic structure. China should also invest more

 in the service secto爱上海女神会所r, and deregulate the services for the elderly and children, and medical care and education.

Although its overall economic uncertainty has increased, China’s economy still has great pote

ntial in terms of service and consumption, especially because it is a market of more than 1.3 bil

lion people including a middle-income group of 400 million all of whom are seeking a better life.

Current policy package strong enough to counter headwinds, economist says

China has no immediate need of aggressive stimulus to support growth unless trade tensions with the United States m

ore visibly weigh on growth momentum, and greater patience and policy preparation are needed now for market-

oriented, longer-term reform and opening-up, a senior economist said in an exclusive interview.

Given the uncertainty from China-US trade friction, macroeconomic polic

ies should always be prepared to support the economy, especially if growth mome

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So by holding lectures, conducting dialogues and screen

ning movies related to the countryside and contributed by guest authors, the region’s local literary legacy can both be re-examined and extended.

Many modern and contemporary works of Chinese literature touch on common rural issues – childhood upbringing, family inheritance and people’s exp

erience of being stuck on the bottom rung of society – that have been rooted in Chinese farming culture for thousands of years.

China’s urbanization has been rapidly progressing to the extent that rural life has become

something unfamiliar to the majority of the population, which is very different from what it was like just three de

cades ago, according to Ge Fei, author and a Chinese literature professor at Tsinghua University in Beijing.

He was rst day of the festival, interpreting what it means to us when rural societies fade away.

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Good trade ties vital at state level in US trade relatio

US states continue to value trade relations with China, despite ongoing tensions at the i

nternational level, and they hope tensions will be resolved through negotiations.

“I’m very optimistic on the China-US trade relationship,” Cyrus Habib, lieutenant governor of Washington, said in an inter

view with China Daily as he was attending the Fifth China-US Governors Forum in Lexington, Kentucky, last week.

China is the state of Washington’s top trading partner, with more than 20 percent of the state’s expor

ts going to China, and around 30 percent of its imports came from China in 2018, according to the US Census Bureau.

“It’s truly something that touches every part of our state,” said Habib. “And that went from the i

nformation communication technology sector and manufacturing sector all the way to the agricultural industry and tourism.”

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The escalation in trade tensions between China and the

he United States, may lead to weaker business confidence and slower

global trade growth, which is expected to weigh on investment and exports in 2020. But in the n

ear term, as China shows positive surprise in GDP growth in the first quarter, and the macroeconomic policies hav

e taken effects on stabilizing the growth, the GDP growth rate is likely to stay at 6.2 percent, the report said.

“In response to the growth moderation and less favorable external conditions, the government in

troduced a fiscal stimulus emphasizing tax incentives,” said Martin Raiser, World Bank Country director for China.

“While the central government has fiscal space to further increase spending, if necessary, the additional stimulus should be ap

propriately funded either directly at the central level or through additional fiscal transfers to the provinces. Highe

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