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China believes that the Johannesburg meeting will inject impetus into the second “golden decade” of the BRICS cooperation, advance the undertakings of world peace and development, establish a new type of international relationship and make new contributions to the building a community of shared futu
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"Aside from South Africa and Mauritius, other African nations on his itinerary are underdeveloped. Boosting ties with these countries could help them benefit more from the Belt and Road initiative, which could also help these countries to realize collective development," said Wang Yiwei, director of
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The working team warmly welcomes President Xi’s visit and feels proud of publishing his signed article, Ali Bin Tamim, director general of Al Ittihad noted, saying that they recently devoted pages to cover China’s development achievements in all aspects to create a friendly atmosphere for Xi’s visit
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“China has submitted a request to the US for consultations on compensation based on the WTO rules, but the latter refused to respond. Given the situation, China has to take further actions in accordance with its trade law to offset the losses caused by the US trade measures and safeguard its legitim
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The international society has expressed concern and anger toward the irresponsible U.S. trade policies. International Monetary Fund (IMF) chief Christine Lagarde pointed out that the U.S. is responsible for negative impacts on the international trade system. WTO Director-General Roberto Azevedo also
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The U.S. initiating the trade war is groundless both in its reasons and actions. The country is often viewed as a “wild card” on the international arena. It is just because rational major countries would never make such absurd excuses and practices.
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The trade war is exactly a devastating global public product, despite the excuses Washington has found to defend. The U.S. is the world’s largest economy, and both its large economic size and strong currency have determined that its policies have a major ripple effect on global economy.
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What the US did, under the philosophy of maximized interests but no obligations, has severely hindered the legal and market-based trade investment, added uncertainty to business operation, and blocked the US’ road to attract foreign capital.
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Over the past 17 years, China has grown into a major engine driving world economic recovery and growth, with a contribution of nearly 30 percent on average per year to global economic growth, Wang said, pledging that China will continue its support to the multilateral trading system advocated by the
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Last year, 20 places across the country raised minimum wage by an average of 11 percent. By June 1, 2018, another 8 places have lifted minimum wage by 12.3 percent on average.
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WTO members highlighted the importance of China's contribution to global growth in recent years and expressed appreciation for China's active role in the WTO, Laourou said in the concluding remarks of the review.
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The trade war was provoked by the US, and China’s engagement in the war is for a peaceful resolution, which cannot be achieved either by stepping aside or by losing the war, said Chen Wenling, chief economist at the China Center for International Economic Exchanges.