China targets robust growth as Xi bids to rule indefinitely

Peter Castro
March 5, 2018

Meanwhile, Trump's top trade negotiator, Robert Lighthizer, is investigating whether China is flouting United States intellectual-property rights. In January, he took his first foray into tariff measures by placing charges on imported washing machines and solar panels.

Liu said that he had three requests for the Trump administration: Establish a new economic dialogue, name a point person on China issues and hand over a specific list of demands, the person said.

"China is free to pursue whatever trade policy it prefers".

Canada, Japan and South Korea, all USA allies and major exporters of steel and aluminum, are asking for exemptions from the tariff hike, which Trump justified in part on national security grounds.

"But if the United States takes actions that hurt Chinese interests, China will not sit idly by".

U.S. Wheat Associates and the National Association of Wheat Growers are also disappointed with the Administration's decision.

"Risks of trade wars are rising, but should be contained for now", said Cesar Rojas and Ebrahim Rahbari of Citigroup in a report.

Will Ryan Seacrest Be at the 2018 Oscars?
The stylist, Suzie Hardy , said she lost her job for reporting Seacrest to the human resources department. Seacrest continues to co-host " Live with Kelly and Ryan ", and so far has not mentioned any of it.

However, Parker said, soybeans might be held for use later on a bigger issue such as the "301" investigation into Beijing's technology policy, which could have a broader impact. Though he promised to narrow the yawning US trade deficit, it reached $566 billion last year, a 12.1 percent increase over 2016 and the highest mark in nine years. Trump says he will advocate for "sensible and fair reforms" to the WTO, promoting rules for "efficient markets, expanded trade, and greater wealth for all nations". The Trump administration has been working with senior members of Congress on legislation, strongly opposed by Beijing, that would considerably tighten scrutiny of Chinese investments in the United States.

Trade makes up a smaller share of China's economy than it did a decade ago.

China's Ministry of Commerce said in early February it was investigating whether to limit imports of USA sorghum, a cereal grain used to feed livestock, in response to previous tariffs from the White House on solar panels and washing machines - also a move that targeted countries other than China.

The White House is planning to make a major announcement Thursday about whether it will impose new limits on steel and aluminum imports, three people familiar with the event said, following months of speculation about whether President Donald Trump would follow through on trade threats and impose tariffs that could roil global markets. It pledges to prevent Beijing from disrupting global trade.

Li said the target would enable China to achieve "relatively full employment".

China said on Sunday that it did not want a trade war with the U.S. but would not sit idly by and allow its interests to be hurt, after the two sides agreed to hold further negotiations on the issue in Beijing soon.

Other reports by PlayStation Move reviews

Discuss This Article