April 21, 2019
Latest News

China hopes for positive results from next round of trade talks with US

Beijing, Feb 11 (efe-epa).- China hopes that the next round of negotiations aimed at ending a trade dispute between China and the United States yields positive results, the foreign ministry said on Monday.

Preparatory meetings were held on Monday with deputy US trade representative Jeffrey Gerrish ahead of the resumption of talks this week in Beijing.

"The two sides will discuss trade topics in more depth," Chinese foreign ministry spokesperson Hua Chunying said at a press conference.

"We hope to see a good result from this discussion," she added.

Senior level meetings will be held on Thursday and Friday between Chinese Vice Premier Liu He, US Trade Representative Robert Lighthizer and US Secretary of the Treasury Steven Mnuchin, Hua said.

This week will see the third face-to-face meeting between representatives of both countries since Chinese President Xi Jinping and his US counterpart, Donald Trump, agreed on Dec. 1 to declare a 90-day truce to the trade dispute, making Mar. 1 the deadline for finalizing a deal.

Negotiators made "important progress" in the last round of talks, held at the end of January in Washington DC, China's state-owned agency Xinhua reported.

A wide range of topics were discussed during those talks, including trade balance, technology transfer, protection of intellectual property rights, non-tariff barriers, service sector, agriculture and enforcement mechanism, according to Xinhua.

Since the Dec. 1 truce, China has lowered tariffs on vehicles imported from the US, resuming the purchase of soya and submitting a bill to ban the forced transfer of technology, as part of various goodwill gestures.

Meanwhile, Trump temporarily suspended the 10-25 percent tariff increase on Chinese products valued at $200 billion but threatened to discontinue the plan if a trade agreement is not reached before the expiry of the 90-day term.

The dispute dates from July last year, when the White House announced a series of tariffs would be imposed on Chinese goods, triggering the escalating trade dispute which saw both countries impose reciprocal tariffs on each other's imports.

In his election campaign, Trump had pledged to address the trade imbalance and China's perceived "longtime abuse of the broken international system".

News history
Besides electricity, what else does Venezuela lose in a blackout?

By Hector Pereira

The business lesson in Tiger Woods' big comeback: Rebuild, don't replace

By John D. Stoll

The inside story on the Vatican conclave that elected Pope Francis

By Cristina Cabrejas

Farming crisis looms large on India's ongoing general elections

Mathura, India, Apr 20 (efe-epa).- The discontent of farmers, the largest workforce in India, might prove decisive in the ongoing general elections, where...

Leaders from 37 countries to attend second Belt and Road forum in Beijing

Beijing, Apr 19 (efe-epa).– A total of 37 heads of state or government are expected to attend the second Belt and Road forum in Beijing next week to...

Financial turbulence hits Jet Airways, once a trailblazer of India’s aviation

By Sarwar Kashani,

Global press freedom under threat, says media watchdog report

Paris, Apr 18 (efe-epa).- The global press freedom is regressing with more and more countries putting journalists at risk and authoritarian regimes...

Peasants in Mexico seek alternatives to growing opium poppies

Chilpancingo, Mexico, Apr 17 (epa-efe).- Peasants in the southern Mexican state of Guerrero who have long subsisted by growing opium poppies want to get out...

Uruguay theater bus presents comic reenactment of Paysandu history

By Raul Martinez

India's Jet Airways suspends all flights after running out of money

New Delhi, Apr 17 (efe-epa).- Indian airline Jet Airways suspended all of its domestic and international flights as it ran out of money after a refusal by...

US to allow lawsuits against foreign companies operating in Cuba

Washington, Apr 17 (efe-epa).- Secretary of State Mike Pompeo said Wednesday that the US government would invoke a measure for the first time that allows...

Apple, Qualcomm end legal feud

San Diego (USA) Apr 17 (efe-epa).- Apple and Qualcomm agreed to dismiss all litigation between the two companies world-wide and forged a new license...

Uber shows why food-delivery business is no cheap date

Madrid, Apr. 17 (EFE).- Uber's drive to go public is lighting a fire under an already-sizzling market for online food delivery, where everyone wants to eat...

China growth beats expectations thanks to humming factories

By James T. Areddy

EU urges companies to counterattack US lawsuits on Cuba

Havana, Apr 16 (efe-epa).- European Union authorities on Tuesday committed themselves to protecting the interests of businessmen from the bloc in Cuba and...

President Andres Manuel Lopez Obrador daily press conference

Mexico City, Apr 16 (epa-efe).- President Andres Manuel Lopez Obrador on Tuesday touted the creation of more than 269,000 jobs in the first quarter, saying...

American Airlines to boost Boeing 737 MAX training

New York (USA), Apr 16 (efe-epa).- American Airlines Group Inc., after saying for months that its pilots didn't need additional ground-simulator experience...

China pushes for power of electric vehicles in face of declining sales

By Paula Escalada Medrano

Former VW chief faces new allegations

Madrid, Apr 16 (efe-epa).- German prosecutors charged former Volkswagen Chief Executive Martin Winterkorn and four others with fraud relating to emissions...

Investors suffer a smoking relapse

New York (USA), Apr 16 (efe-epa).- Much like die-hard smokers, investors are finding it hard to stay away from cigarettes, according to a Dow Jones...

Korean carrier to sell large stake

Seoul, Apr 16 (EFE).- South Korea's second-largest carrier, Asiana Airlines, will put up for sale the one-third stake owned by its controlling family as...

China's share in global output will peak at 27 percent in 2030 : OECD

Beijing, Apr 16 (efe-epa).- The Chinese economy will continue to grow at a strong pace despite signs of a slowdown, and its share in the world’s output will...

Macri predicts inflation spike in March, but says it can be eradicated

Buenos Aires, Apr 15 (efe-epa).- Argentine President Mauricio Macri on Monday predicted an inflation "peak" or spike in the figures for March - to be...

Mexican gov't reveals cheapest, most expensive places for fuel

Mexico City, Apr 15 (efe-epa).- The federal government on Monday revealed the average price for fuel by brand and which service stations in Mexico had the...

I agree Welcome to news4europe.eu. We use cookies to improve your online experience. Find out more.