US markets rallied and closed in positive territory Monday on news that Chinese President Xi Ji
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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.”
nd for decades and witnessed local farmers’ continuous battles against sandstorms.
“It didn’t just feel like a black storm, it was as if the whole desert was approachi
ng,” recalls Liu Conghui, a writer who was born, and still lives, near the farm Wang once worked.
As the menacing sandstorms made the area increasingly inhospitable, Liu’s whole community planned to up sticks.
To restore the local ecosystem, the Chinese government launched
a 10.7 billion yuan ($1.6 billion) project in 2001. A set of measures were adopted such as sav
ing water, converting farmland into grassland, providing treatment for dry riverways and building dams. In addition to t
hose measures, industrial and agricultural use of water in cities and counties along the river was limited.
Over the past two decades, Xinjiang has infused 7.7 billion cubic meters of water into
the dry trunk stream of the lower reaches of the Tarim River in 19 rounds of water diversion.
in fact a type of aluminum alloy that can be used to imitate the shape
of traditional Chinese architecture at a low cost. It is an example of how modern technology is app
lied at the exhibition,” Li Liang, a designer of the pavilion, was quoted by Beijing Daily as saying.
By installing rainwater collection devices on the roofs and tanks beneath the pavilio
n, a mini ecological circulation has been created by gathering rainwater to irrigate the terraced fields.
Shen Yanyan, who came with her family from Jiangxi province for a visit, said that
although she didn’t know much about design, she felt the building was “very cool”.
“We saw its shiny roof upon entry to the park and we were immediately attracted,” said the 33-year-old. “The Ch
ina Pavilion is not only beautiful outside, but also inside. My mother is very happy to see flowers from so many pro
vinces and regions of the country, and all are well-trimmed and placed in the pavilion’s exhibition halls.”
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.