February 17, 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
Trump meets with US trade delegation after Beijing talks

Washington, Feb 16 (efe-epa).- The president of the United States met Saturday with the team of negotiators who traveled this week to Beijing for a new...

Chile, the perfect window on 2019's total eclipse of the sun

By Alberto Valdes Gomez

Bruno Ganz, actor who played empathic angel, Hitler in Downfall, dies aged 77

Geneva, Feb 16 (efe-epa).- Bruno Ganz, the actor who rose to fame for his portrayal of an angel yearning to experience the feeling of mortality and also...

Panama Canal names new chief administrator

Panama City, Feb 15 (efe-epa).- The Panama Canal Authority (ACP) on Friday selected a new chief administrator for the inter-oceanic waterway for the...

Mexican gov't unveils $5.5 bn package to support ailing Pemex

Mexico City, Feb 15 (EFE).- Mexico's government on Friday unveiled a 107-billion-peso ($5.5-billion) aid package in 2019 for state oil company Petroleos...

Trump says trade talks with China are going well

Washington, Feb 15 (epa-efe).- US President Donald Trump said here Friday that talks with China on a wide-ranging trade agreement were going "extremely well."

Kazakhstan ready to share oil and gas know-how with Central Asian neighbors

Astana, Feb 14 (efe-epa).- Kazakhstan's oil and gas industry plans to share its know-how with its neighbors in Central Asia in a bid to create a stable...

Brazilian economic activity expands 1.15 pct. in 2018

Rio de Janeiro, Feb 15 (efe-epa).- Brazil's economic activity expanded 1.15 percent last year with respect to 2017, a sign that the South American giant is...

Turkish media is losing influence over people, says academic

Ankara, Feb 15 (efe-epa).- Turkish media is losing its power to influence people and the news that is heard or read by at least half of the population is...

8 Vale employees arrested over Brazil mine dam disaster

Sao Paulo, Feb 15 (efe-epa).- Eight employees of Brazilian mining giant Vale were arrested Friday as part of an investigation into a mine tailings dam...

China, US finish third round of trade negotiations, claim progress

Beijing, Feb 15 (efe-epa).- The third round of negotiations between representatives of China and the United States to resolve an ongoing trade conflict...

Chinese inflation rises 1.7 percent in January

Beijing, Feb 15 (efe-epa).- China's main inflation indicator, the Consumer Price Index, rose 1.7 percent year on year in January, marking its third...

China exempts 14 Brazilian firms from anti-dumping tariffs

Shanghai, China, Feb 15 (efe-epa).- China on Friday imposed anti-dumping duties on chicken imports from Brazil but exempted 14 firms in exchange for a price...

Huawei accuses US of orchestrating geopolitical campaign against it

Beijing, Feb 15 (efe-epa).- One of Huawei's three rotating chairmen accused the United States of creating a geopolitical campaign against the Chinese...

Argentina records yearly inflation of 49.3 percent, highest since 1991

Buenos Aires, Feb 14 (efe-epa).- Inflation in Argentina rose to 49.3 percent year-on-year in January, according to data released Thursday by the National...

Panamanian state bank sounds alarm

Panama City, Feb 14 (epa-efe).- The state-owned Banco Nacional de Panama (BNP) said Thursday that a billion-dollar lawsuit filed by business magnate Abdul...

Brazil's Vale rejects blame for deadly disaster

Brasilia, Feb 14 (efe-epa).- The CEO of Brazilian mining giant Vale said here Thursday that his company should not be condemned for last month's collapse of...

Amazon scraps plans to open new headquarters in New York City

New York, Feb 14 (efe-epa).- E-commerce giant Amazon.com Inc. said Thursday it has canceled plans to build a new headquarters in New York City, citing a...

Mexico's Caribbean region needs to win back tourists

Cancun, Mexico, Feb 14 (efe-epa).- The state of Quintana Roo, home to Mexico's most popular Caribbean tourist destinations, faces the challenge of...

23 miners feared dead in Zimbabwe after gold mines flood

Harare, Feb 14 (efe-epa).- At least 23 miners are feared dead in central Zimbabwe after a dam wall broke and flooded the shafts of two gold mines in which...

Airbus A-380: the double-decker giant of the skies that never really took off

ParĂ­s, Feb 14 (efe-epa).- The A-380, a mammoth double-decker commercial airliner, was supposed to revolutionize the way people flew to far-off...

Renault profit slumps on lower Nissan contribution

Paris, Feb 14 (efe-epa).- Renault SA's new chief executive plans to stick to the strategy set by his predecessor, after last year's profit dropped due to...

Popularity of Valentine's Day chocolate tradition dips in Japan

Tokyo, Feb 14 (efe-epa).- Chocolate is synonymous with Valentine's Day all over the world, but in Japan, where the sector generates around 20 percent of its...

Valentine's Day in Beijing

New York, Feb 14 (efe-epa).- In New York City restaurants, the party-of-one is becoming a cause for celebration, according to a Dow Jones Newswires report...

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