Substantial and resolute efforts must be made to prevent

Substantial and resolute efforts must be made to prevent

 major contradictions and outstanding problems through coordinated planning and targete

d measures to make reform better serve the country’s economic and social development, Xi said.

The meeting reviewed and approved a series of official documents including a guideline on innovation and improving ma

cro-regulation, as well as a guideline on strengthening opening-up and cooperation in innovation capacity.

The meeting called for taking the supply-side structural reform as the main task, making coordinated efforts to stabilize eco

nomic growth, promoting reforms, readjusting the economic structure, improving people’s livelihoods, pr、

eventing risks, and ensuring social stability, according to a statement issued after the meeting.

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US President Donald Trump, in the name of “national sec

US President Donald Trump, in the name of “national sec

urity”, signed an executive order on May 15 that led the US Department of Commerce to put Huawei and its affilia

tes on an Entity List, which would restrict the sale or transfer of US technologies to the company.

Craig Allen, president of the council, said many of its members are suppliers to Huaw

ei, and all of them have been impacted by the Department of Commerce’s move.

Founded in 1973, the council represents around 200 US companie

s doing business with China, including Apple and Microsoft. It also includes chipmakers Inte

l and Qualcomm, which have said they would stop offering supplies to Huawei until further notice.

The members will follow US law, but there is a cost associated with that, Allen told China Daily.

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

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 is a far better outcome than decoupling.”

If there has to be some “decoupling” due to “valid national security conc

erns” in both countries, that should be kept to a minimum and not exaggerated, he said.

“Normal commerce is in the interest of both of our countries. And we should pursue it vigorously,” he added.

Allen also said members of the council are worried that they are now i

n a “very uncertain time” when the already tense situation could potentially deteriorate, as th

e world’s top two economies are embroiled in a protracted trade dispute with the Trum

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he May report summarized that China’s growth appear

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 to 2 percent of GDP were put on the watch list, compared with 3 percent of GDP before.

China didn’t meet the “currency manipulator” criteria listed by the US Treasury, but Washi

ngton will continue assessing the RMB’s performance given China’s large trade surplus with the US, the report said.

The US Treasury removed India from the watch list, while it added Singapore, Malaysia and Vietnam.

“Chinese authorities have not used the exchange rate in prior easing

cycles to support growth, and they are unlikely to do so now, as this could pose macr

oeconomic stability risk,” said Andrew Fennell, lead sovereign analyst for China at Fitch Ratings.

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The two TV anchorwomen met “face to face” for the firs

The two TV anchorwomen met “face to face” for the firs

t time after exchanging a flurry of Twitter messages over the past week, in which one challenged the other, and both agreed, to hav

e an “honest debate” and “meaningful discussion” on the trade issues that are perplexing their countries.

Liu joined Regan’s show at Fox’s studio in New York via satellite from CGTN’s studio in Beijing.

“I would stress that trade wars are never good. They’re not good for anyone,” Regan said

on the show. “So I want to believe, Xin, I want to believe that something can get done.”

Regan, who addressed Liu on a first-name basis, contrasted what she said on her show two weeks ago, when she said th

at US tariffs were a “necessary response” to China “stealing” billions worth of intellectual property a year.

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Issoufou attended the Beijing Summit of the FOCAC in S

Issoufou attended the Beijing Summit of the FOCAC in S

September. The two countries should continue to understand, trust an

d support each other on issues related to core interests and major concerns, Xi sa

id, adding that the two sides should share more experiences on governance and development. Xi called on the two nat

ions to enhance connections under the frameworks of the Belt and Road Initiative and FOCAC.

China will continue to support Niger to fight terrorism and safeguard regional peace and stabilit

y, Xi said. China would like to help Niger improve its people’s livelihood through such measures as m

edical assistance and via exchanges in areas including culture, youth, women and think tanks.

Mutual understanding between the people of both nations should also

be promoted, Xi said. He stressed that as long as all countries stick to the dev

elopment paths that suit their own national situations, make joint efforts to build the Belt and Road and remain dedi

cated to fulfilling the goal of building a community with a shared future for mankind, they will definitely achieve success.

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Talks with Vanuatu PM China seeks no private interests

Talks with Vanuatu PM China seeks no private interests

and scope of influence in developing relations with Pacific island cou

ntries, and will be good friends and partners trusted by them forever, Xi said on Tue

sday. Xi made the remarks while meeting with visiting Vanuatu Prime Minister Charlot Salwai in Beijing. The Chi

na-Vanuatu relationship has become a good example of relations between China and Pacific island countries, Xi s

aid, adding political mutual trust between the two countries keeps d

eepening and exchanges and cooperation in various fields continue to expand.

Xi said the country appreciates Vanuatu resolutely adhering to the one-C

hina policy, and supports it independently choosing the development path that suits its

national conditions. Xi called for strengthening the alignment of the development strategy of the Pacific island cou

ntry with the BRI and tapping potential for bilateral pragmatic cooperation.

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China you picked the wrong fight!” Regan tweeted on

China you picked the wrong fight!” Regan tweeted on

On May 22, on her own program, The Point With Liu Xin, Liu a top anchor on the English-languag

e channel of CGTN, said the $600 billion figure is an estimate by a nonprofit organization that had not been verified.

Liu said it refers to the US’ possible IP loss to the world in a year, according to the organization’s report, China Daily reported.

She said Regan’s points were “all emotion” with “little substance”.

Regan responded on Twitter: “Hey #China State TV – let’s have an HONEST debate on #trade. You

accuse me of being ’emotional’ and not knowing my facts – wrong! You name the time and place, and I’ll be there!”

In accepting the challenge, Liu wrote on Twitter: “My name is not #China State TV. It’s LIU Xin and ple

ase, feel free to call me Xin. … But I don’t want to play any mud throwing game, if that’s what you prepare to do.”

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In April, the CSRC pledged to promote the opening-up

In April, the CSRC pledged to promote the opening-up

 of stock index futures. At present, onshore stock index futures are unavailable to overseas invest

ors, and they can only hedge risks associated with investing in A shares through offshore instruments.

“After the stock index futures market opens up, investor bases will dive

rsify, helping China’s capital market achieve a higher efficiency in asset pricing,” Wang sai

d, adding that capital market reform and opening-up is part of China’s moves to promote quality development.

“One of the key priorities this year is to accelerate the development o

f direct financing and the capital market, to strengthen the capital market’s capacity to pr

omote economic growth,” Guo Shuqing, the People’s Bank of China’s Party secretary and head of the China Ban

king and Insurance Regulatory Commission, said in an interview with China Central Television on Monday.

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rche which, under threat from Marine le Pen’s National

rche which, under threat from Marine le Pen’s National

has taken a tougher line on protection of agriculture. France, for example, is opposed to including agriculture in transatlantic trade talks.

The Greens are one of the big winners in the elections (even beating Germ

any’s Social democrats into second place), and they will seek to impose strict conditions reg

arding climate change, the environment and human rights on future trade deals. This attitude will also make it dif

ficult to agree a new trade deal with the US, as it has not endorsed the 2015 Paris climate agreement.

Although the nationalist and populist parties now have more seats, it does not mean they will form a united front in the EP. Th

ere are divisions on trade, on the environment and on dealing with China. Some of these parties, such as the Na

tional Front, are seen as firm opponents of free trade, whereas Alternative for Germany and Matteo Sal

vini’s Lega Nord in Italy tend to be more supportive (depending on the content of the trade agreement).

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