The following editorial on the current US/China trade war was published by the official news agency Xinhua,
Chinese President Xi Jinping discussed plans to further open up the Chinese economy during a Tuesday address. Those measures included significantly lowering import tariffs for autos, decreasing duties on other products, enforcing the legal intellectual property of foreign firms and improving the investment environment for international companies.
China's parliament has endorsed Xi Jinping for a second term and appointed Wang Qishan as his vice-president. The ballot at the National People's Congress unanimously approved Mr Xi while Mr Wang received 2,969 votes in favor and only one against. Wang Qishan was previously in charge of corruption investigations in China.
In the short space of two weeks, China has announced and now voted with near unanimous approval to amend the country’s constitution and give the party state’s powerful leader Xi Jinping a mandate to stay in office indefinitely. On Sunday, a controversial amendment to scrap a two-term limit on the office of the president was approved along with 20 other changes.
China says it plans to scrap a two-term limit for the country’s president and vice president, a move that could allow Chinese leader Xi Jinping to stay in office indefinitely. Expectations that Xi, China’s most powerful leader since Mao Zedong, was considering staying in office for more than the typical 10 years has been building for some time now. But the outline of amendment proposals announced by state media Sunday, including Article 79, confirmed those changes could soon become a reality.
British Prime Minister Theresa May left China on Friday with deals worth more than 9.3 billion pounds, at the end of a three-day trade mission where President Xi Jinping pledged to upgrade their “golden era” in relations.
British Prime Minister Theresa May was starting a crucial trade visit to China on Wednesday as she admitted the two countries will not always see eye-to-eye in sensitive areas like steel over-capacity and intellectual property rights.
Chinese foreign minister Wang Yi arrived in Uruguay on Tuesday night for a three-day official visit which includes meetings with his peer Rodolfo Nin Novoa, president Tabare Vazquez and holding a round of talks to promote trade and discuss the possibility of a bilateral agreement.
Chile’s foreign minister welcomed Chinese representatives to a meeting with Latin American and Caribbean countries and praised Beijing for rejecting protectionism as the United States backs away from global trade.
China invested US$20.9 billion in Brazil in 2017, the most since 2010 as a recession helped push down asset prices and attracted investors, according to Brazil’s planning ministry.The energy, logistics and agriculture sectors drew the most Chinese capital, including investments in Brazil’s rich pre-salt oil fields and China’s State Power Investment Corp US$2.25 billion deal to operate the São Simão hydropower plant.