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US markets rallied and closed in positive territory Monday on news that Chinese President Xi Ji
上海419论坛nping and his US counterpart Donald Trump will resume negotiations to resolve the ongoing trade dispute.
Trump said talks are “back on track” and held off on his threat to impose tariffs on an additional $300 billion of Chinese goods. Trump 上海419论坛
said China will buy “a tremendous amount” of US food and agriculture exports while bilateral negotiations are ongoing.
The S&P 500 reached 2,977.86 in midday trading, all all-time high, bef
ore closing at 2964.33, up 22.57 points. Nevertheless, the long-term outlook for the market rema 上海419论坛
ins unclear as US manufacturing dipped close to a three-year low in June amid a worldwide economic slowdown.
“The devil is always in the details,” Usha Haley, professor of manageme
nt at Wichita State University, told China Daily. “I don’t know if Trump is the great m
上海419论坛品茶微信ediator. But everyone gave a huge sigh of relief that talks have resumed between the US and China.”
Trump eased export sanctions on Huawei Technologies Co Ltd, boosting semiconductor stocks, including Micron Tech
nology, Skyworks Solutions, Qualcomm and Broadcom — and sparking the possibility of a revolt among some Republicans.
South Carolina Senator Lindsey Graham, a strong Trump supporter, told NBC’s Face the Nation on Sund 上海419论坛品茶微信
ay that he’s reviewing Trump’s action and noted, “It’s clearly a concession. There’ll be a lot of pu
shback if this is a major concession. If it’s a minor concession, I think it’s part of the overall deal.”
Neither side sai 上海419论坛品茶微信d when negotiations would resume or established a schedule for completing a deal.
Goldman Sachs called Trump’s decision to ease export sanctions on Huawei a “potential unexpected market friendly outcome”。
Asked at the G20 meeting in Japan if he had removed Huawei from the Entity List that controls the export of technology th
at could compromise US national security, Trump said, “No, not at all” and “We are talking about that” before telling re
porters, “I don’t want to talk about it now, we are looking at it very carefully. Huawei is very much in play.”
t toward the Asi上海后花园女神会所region, where India’s market size ranking will rise to the third spot from seventh in the world and Indonesia’s to fifth from tenth, s
aid Hou Kan, regional director of airport, passenger, cargo and security of IATA North Asia.
In the next 20 years, half the growth in the global aviation market will come from the Asia-Pacific region, which will accou
nt for 55 percent, while growth from China will account for 28 percent in the Asia-Pacific region, Hou said.
The fast-growing aviation market will add pressure to airport infrastructure.
Among the world’s top 100 largest airports, only four have the infrastr
ucture to satisfy the passenger volume growth in next five years, according to Hou.
Moreover, the traditional airline carriers will also be challenged by some nonavi
ation companies such as internet tech firms and logistics companies, according to Hou.
in the service secto爱上海女神会所r, and deregulate the services for the elderly and children, and medical care and education.
Although its overall economic uncertainty has increased, China’s economy still has great pote
ntial in terms of service and consumption, especially because it is a market of more than 1.3 bil
lion people including a middle-income group of 400 million all of whom are seeking a better life.
Current policy package strong enough to counter headwinds, economist says
China has no immediate need of aggressive stimulus to support growth unless trade tensions with the United States m
ore visibly weigh on growth momentum, and greater patience and policy preparation are needed now for market-
oriented, longer-term reform and opening-up, a senior economist said in an exclusive interview.
Given the uncertainty from China-US trade friction, macroeconomic polic
ies should always be prepared to support the economy, especially if growth mome
in 上海千花坊女神会所the region, and local authorities must create an enabling environment for starting and doing business in the Northeast, he said.
The three provinces in the Northeast－Liaoning, Jilin and Heilongjiang－saw GDP growt
h of 5.7, 4.5 and 4.7 percent last year, which is below the national average of 6.6 percent.
Meanwhile, the three provinces have also seen a continuous outflow of working-age citizens. In Liaoning, the number of peo
ple aged between 16 and 59 was down by 492,000 last year, according to the Liaoning Bureau of Statistics.he United Sta
tes’ trade deficit with China is not a matter of simple, objective truth. It has been brought on by actions of the US i
tself — a combination of export controls, market restrictions, competition, trade policies, currency dominance and other f
actors — officials and experts said in response to a report from the Ministry of Commerce on Thursday.
Despite a busy schedule, Xi still tries to find time to interact with children.
He has extended greetings to children nationwide every International Children‘s Day since he became
president in 2013, showing his care for their growth and his hope for them to carry on endeavors to realize the nation’s dreams.
International Children’s Day falls on June 1 every year.
In May 2013, while inspecting a school devastated by an earthquake in Sichuan province, Xi t
old students to turn their trauma into a source of strength, urging them to be strong, brave and united.
When visiting a primary school in Beijing’s Haidian district in 2014, Xi spoke of the
need to guide children to set high goals and create conditions for them to grow into adulthood.
On June 1, 2015, when speaking to members of the Young Pioneers of China in Bei
jing, Xi called on all Chinese children to learn to be people of integrity, knowledge and responsibility from an early age.