Washington’s countervailing measures on Chinese imports violate body’s laws
The United States has challenged the authority of the World Trade Organization by ignoring a上海419
WTO ruling, and such a move may escalate trade tension with China, experts said on Wednesday.
上海419品茶微信The WTO announced on Tuesday that the revised countervailing measures imposed by t
he US on imports of certain products from China were inconsistent with WTO laws.
However, the US failed to comply with the WTO ruling and上海419
accused China of “using State-owned enterprises to subsidize its economy”.
上海419The WTO mechanism is what members use to settle trade disputes, and countries in most cases abide by the rulings made by th
e organization, said Xue Rongjiu, deputy director of the China Society for WTO Studies.上海419品茶微信
“If member economies don’t follow this procedure, the rule-based global multilateral system
will be damaged and threatened by protectionism,” Xue said, adding that under such circumstances, some
上海419members may be forced to also use trade as a geopolitical weapon to ensure their interests.
Upholding the findings of a WTO dispute panel made public in March 2018, a WTO appellate body ruled that the US acted inc
onsistently with its provisions of subsidies and countervailing measures agreement.上海419品茶微信
The Ministry of Commerce urged the US to take immediate and concrete
action to “correct the wrong practices” in the anti-subsidy investigation against China and to c
上海419reate a fair and stable international trading environment for companies from both countries.
“Although both the panel of experts and the appellate body in this case
have ruled that the US countervailing measures violate WTO rules and asked the US to c上海419品茶微信
orrect its action, the US didn’t comply with the WTO ruling and continued to adopt tra上海419
de remedy measures against Chinese products in recent years,” the ministry said in a statement on Tuesday.
For those who are concerned about China’s economic well-being, the first half-year fig
ures released by the National Bureau of Statistics on Monday may not be enough to relieve them of their worr上海419
ies, especially given the ongoing trade conflict with the United States and weakening global demand.
上海419After all, a 6.2 percent growth in the second quarter — although still within the gove
rnment’s target range of 6-6.5 percent for the year — was the weakest in nearly three decades.上海419
This, together with lukewarm trade readings released on Friday — exports fell 1.3 percent in June from a year earlier and imports dropped 7.3 percent — sugge
sts economic conditions are still severe and, with external uncertainties on the rise, the economy “is under new dow
上海419女神会所nward pressure”, as NBS spokesman Mao Shengyong said at a news conference.
But again, this is really a question of do you see the glass half empty or half full, given that
China remains one of the world’s fastest-growing major economies. While pessimists focus on the diffi
culties, optimists see the silver lining of the Chinese economy’s remarkable resilience given the headwinds it faces.上海419
For example, retail sales, a major gauge of consumption, surged 9.8 percent, much higher than the expected 8.5 percen
t and also the highest since March 2018. Many analysts attribute the progress to the central government’s ef
forts to boost domestic consumption — these range from massive tax cuts of nearly 2 trillion yuan ($291 billion) to the iss上海419女神会所
uance of 2.15 trillion yuan of special bonds by local governments for infrastructure construction.
上海419Other strong data, such as a 6.3-percent increase in industrial output an
d a 5.8-percent rise in January-June fixed asset investment, all indicate that the fund
amentals for steady growth remain unchanged and the government still has ample room for policy maneuvers.
Actually, once last month’s much-better-than-expected gains in retail上海419女神会所
sales, factory output and fixed-asset investment were announced, the market quickly cast its vot
上海419女神会所e of confidence in the Chinese economy. The benchmark Shanghai Composite Index ended 0.4 percent up on Monday a
fter casting off losses that had pushed it down as much as 1.5 percent in the morning ahead of the data release.
President, Hanoi’s National Assembly chairwoman meet
China and Vietnam should implement the consensus of the two countries’ leaders and maintain ma上海419
ritime peace and stability with practical efforts, President Xi Jinping said on Friday.
上海419品茶微信Xi made the remark while meeting with Nguyen Thi Kim Ngan, Vietnam
‘s National Assembly chairwoman, at the Great Hall of the People in Beijing.
During the meeting, Xi asked her to extend his sincere wishes to Nguyen Phu Trong, ge上海419
neral secretary of the Communist Party of Vietnam Central Committee and Vietnamese president.
上海419品茶微信Xi said China and Vietnam are “friends plus comrades”, and also a community with a shared future with strategic significance.
Noting that next year marks the 70th anniversary of the establishment of diplomatic
relations between China and Vietnam, Xi said that the two countries should stay true to their original a上海419
spiration, focus on the overall situation, develop friendship and deepen cooperation.
上海419品茶微信The two nations should make full use of the traditional advantage of party-to-party exchanges, dee
pen communications on the experience of governance, learn from each other’s outcomes of theoretical innovation, m
aintain the vitality of the two parties and jointly promote the development of socialism, Xi said.上海419
Xi called on the two countries to connect their development strategies, prom
上海419品茶微信ote the connection of the Belt and Road with Vietnam’s Two Corridors and One Eco
nomic Circle plan, upgrade practical cooperation and pursue win-win cooperation.上海419
The two countries should enhance people-to-people exchanges and develop the bilateral friendship, Xi said.
They should strengthen coordination in international affairs and jointly safeguard the interests of the two countries, Xi added.上海419品茶微信
The cooperation of legislative authorities is an important part of bila
teral relations, Xi said, and China’s National People’s Congress and Vietnam’s National
Assembly have maintained frequent contacts in recent years and achieved fruitful outcomes.
follow as guidance the strategic consensus reached by the
leaders of the two parties and the two countries, firmly support each other on the socialist path, carry
上海419品茶微信forward the traditional friendship, deepen mutually beneficial cooperation, and effectively manage differences, so as to pu
sh forward their bilateral comprehensive strategic partnership of cooperation.
Ngan paid a visit to China from Monday to Friday at the invitation of top Chinese legislator Li Zhanshu.上海419
China said on Friday that, in order to safeguard its national interests, it will impose san
上海419品茶微信ctions on United States companies taking part in a $2.2 billion sale of military equipment to Taiwan.
The US arms sale infringes on China’s sovereignty and national security, Foreign Ministry spokesman Geng Shuang said in an online statement.
Geng added that the sale also seriously violates international law and the basic norms of上海419品茶微信
international relations, as well as the one-China principle and three China-US joint communiques.
上海419hina’s foreign trade remained stable growth in the first half of this year by expand
ing 3.9 percent year-on-year, the General Administration of Customs (GAC) said Friday.
Total foreign trade volume reached 14.67 trillion yuan ($2.14 trillion) in H1. Export expanded 6.1 percent while import rose 1.4 percent, GAC data showed.上海419
China saw its trade surplus widen by 41.6 percent year-on-year to 1.23 trillion yuan during the same period.
上海419品茶微信China imported more major commodities in the first half of this year.
The country’s imports of crude oil climbed 8.8 percent year-on-year to 245 million tons during the period.
A total of 46.92 million tons of natural gas were imported during the period, up 11.6 perc
ent from one year earlier. Imports of coal increased 5.8 percent year-on-year to 154 million tons.上海419
上海419品茶微信However, iron ore imports during the Jan-June period declined 5.9 percent to 499 mil
lion tons. Soybean imports also went down 14.7 percent year-on-year to 38.27 million tons.
tial sale of arms worth $2.2 billion to Taiwan, the US State Department
has not only further strained cross-Straits relations, it is also trying Beijing’s p上海419
atience. And by passing a series of acts and resolutions related to Taiwan this year, the US Congress has dealt a serious bl
上海419品茶微信ow to Sino-US relations, as well as undermined peace and stability across the Straits.
The US House of Representatives enacted the Taiwan Assurance Act of 2019 and passed a resolution reaffirming the US’ commitment to Taiwan on May 7, which es上海419
sentially means the US would sell arms to the island regularly and back its participation in international organizations.
上海419品茶微信That the US has continued to meddle in Taiwan affairs shows it is desperate to use the “Taiwan card” to contain the Chinese mainland.
The US believes that by consolidating its relationship with Taiwan authorities through a
cts and resolutions, it can further integrate the island into its “Indo-Pacific” strategy to contain the mainland, t上海419
he biggest rival in Washington’s eyes thanks, in part, to the trade disputes between them.
上海419Yet the ruling Democratic Progressive Party in Taiwan, which favors an independent entity f
or the island, is willing to act as the cat’s paw for the US in exchange for security protection and p上海419品茶微信
olitical cover. Which is nothing but wishful thinking on the part of Taiwan authorities, because there is little chance o
f Washington getting involved in a war across the Straits if the DPP indeed tries to split the country.上海419
Following the DPP’s ideology of making Taiwan an independent entity, t
he island leader Tsai Ing-wen and other DPP officials have intensified their pro-in上海419品茶微信
dependence activities, especially in the fields of education, culture and administration, since she took office in 2
016. In fact, Lai Ching-te, Tsai’s rival in the island’s next leadership election in January 2020, openly pitched himself as a上海419品茶微信
worker for “Taiwan independence” before stepping down as the head of the executive body.
To send a clear message against secessionism to the Tsai administr
ation and give a strong warning to separatist forces on the island, the mainland has he
ld military exercises in the Taiwan Straits and sent warplanes and warships around the island.
To better preserve the grasslands and reduce environmental degradation caused by grazing
, local herdsmen have returned their lands to nature and resettled in county urban areas. 上海419
In cooperation with China Pacific Insurance Co, the management committee guarantees the conservators with compens
上海419品茶微信ation of up to 300,000 yuan ($43,600), covering injuries and accidents,” said Mou Yonghong, an o
fficial from Sanjiangyuan National Park’s Lancang River Management Committee.
A mechanism for livestock compensation has also been established: each lost cow is compensated with 500 to 1,500 yuan ($70-200), depending on age. 上海419品茶微信
To encourage more residents to take part in environmental protection, the lo
cal government has combined this goal with poverty alleviation. They offer positions of “e
上海419cological conservators” for every registered family, paying each family a monthly subsidy of 1,800 yuan ($260). The co
nservators are responsible for patrolling the lands, collecting and disposing of garbage and monitoring wildlife.
With more people working as conservators, Tsewang Dorje, deputy head of the 上海419品茶微信
ecological management station of Namsei village, noted the overall environmental awareness of l
ocals has progressed, and environmental protection has gradually become part of their lives. 上海419
“We see little rubbish left on the mountains now. Every year bef
上海419品茶微信ore the season for picking chongcao, we train the villagers and ask them to fill in the pits afte
r digging the caterpillar fungus so as to reduce damage to the pasture. They’ve also learned the habit of taking their food wa
ste down the mountains. Their conscientiousness has grown a lot,” he recalled.
“When people’s awareness of the environment improves, my work becomes 上海419
much easier,” echoed Lekga, who has worked as a conservator for three and a half years.
As the environmental status advances, the wildlife population increases. One problem, accordin 上海419品茶微信
g to locals, is damage to houses, livestock and people caused by animals such as brown bears and wolves.
To address such concerns, Sanj 上海419iangyuan National Park’s managem
ent committee has purchased insurance for more than 17,000 ecological conservators.
“I used to be a herder. I moved out from my pasture because I learned lives
tock cause damage to the land,” recalled 50-year-old Dorje Tsering, a Tibetan herd 上海419品茶微信
sman who moved to downtown Yeqing village in Yushu’s Zhidoi county around six years ago.
After relocation, Dorje Tsering and his family now receive an annual sub
sidy of 2,100 yuan ($300) each, paid for by the county government. The family also mak
es money by picking chongcao, or Chinese caterpillar fungus, every year in May and June, as many other villagers do. Cat
erpillar fungus is one of the most precious ingredients in traditional Chinese medicine.
Sino-US leaders’ 上海419品茶微信meeting on the sidelines of gathering in Japan expected to ease tensions
Pres上海419品茶微信ident Xi Jinping’s upcoming trip to Japan for the G20 Summit will reinforce international consensus on upholding multila
teralism and an open economy amid rising protectionism that looms large over the global economy, observers said.上海419品茶微信
They said Xi’s upcoming meeting with United States President Donald Trump on the上海419品茶微信
sidelines of the summit could also de-escalate bilateral trade tensions between the world’s two largest economies.
上海419品茶微信Xi will be in Japan from Thursday to Saturday to attend the 14th G20 Summit in Osaka at the in
vitation of Japanese Prime Minister Shinzo Abe, Foreign Ministry spokesman Lu Kang said on Sunday.上海419品茶微信
President underlines two-way cooperation, strategic coordination
China and Turkey should enhance mutual strategic trust and respect each other’s core interests
and major concerns on such issues as sovereignty, independence and territorial integrity, President Xi Jinping said on Tuesday.
Xi made the remark while meeting with Turkish President Recep Tayyip Erdogan at the Great Hall of the People in Beijing. Previously, Xi hosted a welcoming ceremony for Erdogan.
Erdogan said that Turkey firmly supports the one-China policy, and that it is a fact that the people of all ethnicities in Xinjian
g are leading a happy life amid China’s development and prosperity. Turkey will not allow anybody to sow dissension among the two countries, he said.
Noting that both China and Turkey are important emerging markets and developin
g countries, Xi said it is of great significance for them to enhance strategic cooperation.
The two countries also should strengthen strategic coordination, consolidate the politica
l foundation of the China-Turkey strategic cooperation and cooperative relationship, a
nd ensure that the bilateral relations always operate on a healthy and stable track, Xi said.
China appreciates that Erdogan has reaffirmed his commitment many times to not allow any forces to carry out anti-Chinese or separatist activities in Turkey, Xi said.
China attaches great importance to Turkey’s stance of supporting China’s fight against te
rrorism, Xi said, adding that China would like to enhance their anti-terrorism cooperation.
Xi said the two sides should enhance connection of development strategies and deepen practical cooperation. Hailing Turkey as an important partner for join
tly building the Belt and Road, Xi said that China would like to speed up connecting the Belt and Road with Turkey’s Middle Corridor plan, and pro
mote the cooperation in areas including trade, investment, science, energy, infrastructure and major projects.
crash involving 上海419女神会所a bus carrying a junior ice hockey team has killed at least 14 people and critically injured three others in Saskatchewan, Canada.
The Humboldt Broncos team, which has members aged between 16 and 21,
were en route to a play-off game when their bus collided with a lorry on a rural road.
The identities of the dead have not yet been released by officials.
Tributes have been paid across Canada, including by Prime Minist
er Justin Trudeau, who tweeted his condolences.
The lorry and bus collided on Friday at a
round 17:00 local time (23:00 GMT) on Highway 35, north of Tisdale in the province of Saskatchewan.
The Royal Canadian Mounted Police said 28 people incl
uding the driver were on the bus at the time, and that fourteen people were killed.
Fourteen people who were aboard the bus have been taken to hospital. Three are in critical condition.
President Xi Ji上海419品茶微信nping will pay a state visit to the Democrat
ic People’s Republic of Korea from Thursday to Friday, Hu Zhaoming, spok
esman of the International Department of the Communist Party of China Central Committee said on Monday.
Xi, also general secretary of the CPC Central Committee, was invited by Kim Jong-un, chairman
of the Workers’ Party of Korea and chairman of the State Affairs Commission of the DPRK, Hu sai
d.Xi Jinping, general secretary of the Central Committee of the Communist Party of China and Chinese president, holds a welcoming ceremony for Kim Jon
g-un, chairman of the Workers’ Party of Korea and chairman of the State Affairs Commission of the Democratic Peo
ple’s Republic of Korea, before their talks at the Great Hall of the People in Beijing, capital of China, Jan The long-awa
ited Shanghai-London Stock Connect was finally launched in London early on Monday, offering more opportunities for Briti
sh and Chinese financial institutions to buy into each others’ economic development.
President Xi Jinping will pay state visits to Kyrgyzstan and Tajikistan f