that was put forward by Xi, and the initiative is expected to promote the interconnectivity of the Eurasian continent.
The BRI is also a road of cultural exchanges, he said, adding that Italy would like to enhance cooperation with China in tourism and culture. Italy ad
mires China’s achievements in economic development, and it appreciates China’s opening-up policies, he said.
Both Italy and China are ancient civilizations, and the people of the two countries have sufficient wisdom to deal with
challenges nowadays, he said, adding that China’s rejuvenation will bring new contributions to peace and prosperity.
China will take a solid step toward becoming a high-income country this year,
reating more space to deepen reform and expand opening-up, economists said on Friday.
A more balanced growth pattern will help the world’s second-largest ec
onomy pass the “middle-income trap”, with consumption and high-tech man
ufacturing leading growth, they said at a Beijing seminar leading up to the 2019 China Development Forum, which starts on Saturday.
tion with China on jointly building the Belt and Road, She said.
Noting that the history of Italy-China exchanges for the past 50 years has been a history of dia
logue and friendship, the speaker said the Italian Senate is willing to facilitate exchanges between the two cou
ntries’ legislative institutions, and continue to make contributions to deepening Italy-China friendly cooperation.
Xi arrived in Rome Thursday for a state visit to Italy, the first stop of his three-nation Europe tour, which will also take him to Monaco and France.
hinese authorities have unveiled detailed measures to implement valu
e-added tax reform, a key step to boost market vitality and stabilize economic growth.
Starting April 1 this year, the 16 percent VAT rate that applies to manufa
cturing and other sectors will be lowered to 13 percent, while the rate for construction, tran
sport and other sectors will be reduced from 10 percent to 9 percent, said a joint statement released on Th
ursday by the Ministry of Finance, State Taxation Administration and the General Administration of Customs.
Theresa May how to do it, but she didn’t listen to me,” Trump told the tabloid. “The deal she is striking is a much different deal than the one people voted on.”
Trump apologized in private to May, one of the rare times he‘s admitted wrong. And tho
ugh he’s expressed a desire to remain diplomatically impartial — “I think we will stay right in our lane,” he sa
id last week when questioned about Brexit — he has nevertheless bemoaned May’s handling of the issue over and over.
”I’m surprised at how badly it’s all gone from the standpoint of a negotiation,” he said in the Oval Office last week, mome
nts after suggesting he wouldn’t offer an opinion on the issue. “I gave the prime minister my ideas on how to n
egotiate it. And I think you would’ve been successful. She didn’t listen to that, and that’s fine.”
A few weeks before, Trump spoke briefly with one of the UK’s most visible pro-Brexit campaig
ners, Nigel Farage, on the sidelines of a conservative conference outside Washington. And he’s ma
intained close ties to the hardline conservatives who have bemoaned May’s handling of the matter.
Trump wasn’t alone in his criticism. Two of his top confidants — son Donald Trump Jr. and national security adviser John
Bolton — both offered critical views this week of May and her plan to try and delay Britain’s exit from Europe.
short delay to Brexit is possible, but will be conditional on the House of Commons passing the Withdrawal Agreement.
“The question remains open as to the duration of such an extension,” Tusk, the President of the European Council, said.
Tusk said he spoke to Theresa May on the phone earlier this afternoon.
“May’s proposal of the 30 June, which has its merits, creates a series of questions of a leg
al and political nature,” he added. “Leaders will discuss this tomorrow.”1 hr agoDona
ld Tusk speaking nowThe President of the European Council, Donald Tusk, is giving a press conference in Brussels.
1 hr 9 min ago
MPs surprised by “downright reckless” strategy, Starmer says
dow Brexit Secretary Keir Starmer has opened the emergency debate into the Brexit delay by quoting Ther
esa May’s de facto deputy David Lidington, who said last week that if May’s divorce deal was not passed by parl
iament, seeking “a short and, critically, one-off extension would be downright reckless.”
Starmer says those statements led MPs to believe that May would reques
t a long extension if she hadn’t passed her plan — but May has asked for a delay only until June 30.
He adds that the confusion is symptomatic of May’s Brexit strategy to date — to “put parliament as far away as possible from the process.”