Monthly Archives: May 2019

He said it does no one any favors to delink over poss

ssible national security concerns. Fair engagement across technologies is a better way to secure national security than delinking. “The cost of decoupling will be very high for both economies,” he said. “Engage ment in a fair competition with common rules … Continue reading

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The visit will further display the strength of bilateral tie

ties, which are developing “very good” momentum both politically and econom ically, said Ruan Zongze, vice-president of the China Institute of International Studies. Trade between the two countries “made a major breakthrough” and exceeded $100 billion in 2018, and the … Continue reading

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new college graduates aged up to 24 years old increased by

ed by 8.4 percentage points, as the global financial crisis caused demands to fall drastically. It i s possible that the Sino-US trade dispute could have a similar impact on the job market. So the government should implement an expansionary … Continue reading

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The currency’s depreciation was purely caused by mark

et forces, and China has never taken any measures to deliberately devalue the currency to make its exports more at tractive, said Guo, who is also head of the China Banking and Insurance Regulatory Commission. According to Guo, the short-term … Continue reading

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he May report summarized that China’s growth appear

ears to be stabilizing on the back of recently enhanced supportive measures. The report expanded the number of countries it scrutinizes for curr ency manipulation to 21 from 12. Countries with a current account surplus with the US e quivalent … Continue reading

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President Xi Jinping visited the JL MAG rare-earth Co

 on May 20 in Ganzhou, Jiangxi province, during a three-day inspection tour. Xi learned about the rare-earth industry’s development in Ganzhou, a major producer of rare-earth resources and products in China. During the seven trading days from May 20 to … Continue reading

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The results of the elections for the European Parliame

nt are broadly in line with expectations. Although pro-European Union parties have won a majori ty of the seats, the EP is more fragmented than before with traditional center-right and center-left par ties losing seats to Liberals and Greens, and … Continue reading

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Speaking at a regular news conference, Lu said the US sid

de has made various remarks about trade negotiations, with some saying the agreement w ill come out soon while others saying it’s still difficult to reach an agreement, from time to time. China’s position has been consistent, Lu said. “The … Continue reading

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Mei said that although the ban will have certain impac

mpacts on Huawei, the Chinese telecom company has already prepared options to deal with the problem. A recent report by Dongxing Securities said the US ban on Huawei will foster dem and for manufacturing independent and controllable semiconductor components in … Continue reading

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Southwest Guangdong, Fujian and Jiangxi provinces

 are also expected to experience the weather in the coming days, along with some provinces in Northeastern China. China has a four-tier color coded weather warning system, with red representing the most severe, followed by orange, yellow and blue. Environment … Continue reading

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