India to impose retalia上海419品茶微信roductsmedia

The Indian governmen上海419品茶微信t has decided to impose retaliatory d

uties worth over 200 million US dollars on 29 products from the United States to co

unter the penal duties imposed on Indian aluminum and steel, local media reported Saturday.

The decision, to be officially notified on Sunday, came a few days ahead

of the scheduled visit of the US Secretary of State Mike Pompeo to India to discuss def

ense and trade issues, the Hindu Business Line quoting an unnamed government official as saying.

In June last year, India announced retaliatory tariffs worth 230 million US dollars on 29 US goods. However, India h

as since been postponing implementation of the duties in a bid to address trade concerns.

The trade concerns including the proposed withdrawal of the Generalized System of Preferences by the United States o

n India taking effect on June 5, may have prompted New Delhi to finally put the duties in place, the report said.

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And given that the other major economies are using fre

e trade zones上海千花网品茶微信j as a strategic means to play geopolitical and geo-economic games, China should accelerate the b

uilding of free trade zones with other countries under the bilateral or multilateral investment ag

reement framework for a diametrically opposite purpose: boosting global economic cooperation.

The focus of international trade policy has shifted from tariffs and licensing to convenient inves

tment and trade facilitation policies, and creating of a business-friendly climate. So while ope

ning up the domestic market and helping improve the utilization of foreign capital, China should also work out de

tailed rules on the foreign investment law, take steps to remove the obstacles to outbound Chinese investments, promote th

e free flow of global and domestic production factors, and expand its economic development space.

Important to reform global governance system

To stabilize the economy and prevent risks, China should seek more govern

ment-funded infrastructure investment projects in fields such as 5G networks, intellig

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It is one of the oldest festivals, not only in China but also

hroughout the world, with a history of more than 2,000 years. In 2006, the traditional festival was listed as part of China’s

national intangible cultural heritage. In 2008, it was recognized as a public holiday in the Chinese mainland.

The Dragon Boat Festival commemorates the death of Qu Yuan, a Chu state

official and poet who lived during the Warring States Period (475-221 BC) before the reu

nification of China under the Qin Dynasty (221-206 BC). He was exiled after opposing his king’s decision to ally wit

h the neighboring state of Qin, and when Chu was finally conquered by Qin, he

committed suicide by drowning in the Miluo River on the fifth day of the fifth lunar month.

The Chu people, who admired Qu Yuan for his loyalty and integrity, th

rew rice dumplings into the river to feed the fish so they would not eat the body of their po

et hero. People then started dragon boat racing to scare off the fish.

Since then, the fifth day of the fifth month on the lunar calendar is cel

brated as the Dragon Boat Festival. The following are some customs for the festival.

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Xi to visit Kyrgyzstan, Tajikistan, attend A summits

President X上海419品茶微信i Jinping will pay state visits to Kyrgyzstan and Tajikistan f

rom June 12 to 16, a foreign ministry spokesperson announced Sunday.

From June 12 to 14, Xi will pay a state visit to Kyrgyzstan and attend th

e 19th meeting of the Council of Heads of State of the Shanghai Cooperation Or

ganization (SCO) to be held in the capital city of Bishkek, Spokesperson Lu Kang said in a statement.

From June 14 to 16, Xi will attend the fifth summit of the Conference

on Interaction and Confidence Building Measures in Asia (CICA) in Dushanbe, t

he capital city of Tajikistan, and pay a state visit to the country, Lu added.

Xi is paying the visits at the invitation of Kyrgyz President Soo

ronbay Jeenbekov and Tajik President Emomali Rahmon, according to Lu.

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Ghazipur was opened in 1984 and reached its capacity

 in 2002 when it should have been closed. But the city’s detritus has kept on arriving each day in hundreds of trucks.

“About 2,000 tons of garbage is dumped at Ghazipur each day,” a Delhi municipal official said on condition of anonymity.

In 2018, a section of the hill collapsed in heavy rains killing two people. Dumping was banne

d after the deaths, but the measure lasted only a few days because authorities could not find an alternative.

Fires, sparked by methane gas coming from the dump, regularly break out and take days to extinguish.

Shambhavi Shukla, senior researcher at the Center for Science and Environment in New D

elhi, said methane belching from the garbage can become even more deadly when mixed with atmosphere.

Leachate, a black toxic liquid, oozes from the dump into a local canal.

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Pacts set to be signed during Xi’s state visitbal strateg

Pragmatic cooperation, global strategic stability high on Sino-Russian agenda

Beijing and Moscow will sign around 30 cooperation documents d

uring President Xi Jinping’s state visit to Russia next week, including two joint statements on bilateral t

ies as well as on global strategic stability, Vice-Foreign Minister Zhang Hanhui said on Thursday.

Xi will kick off a three-day state visit to Russia on Wednesday at the invitation of Russian President

Vladimir Putin, and attend the 23rd St. Petersburg International Economic Forum to be held between June 6 and June 8.

The two presidents will witness the signing of an array of agreements on business d

eals in areas such as trade, investment and energy, Zhang said at a media briefing in Beijing.

This year marks the 70th anniversary of diplomatic ties between

China and Russia, and Xi’s visit will mark a milestone for both countries, Zhang said.

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RMB’s value determined by market forcesce forex rese

Beijing will not sacrifice forex reserves to defend its currency, analysts say

China would rather rely on market-oriented forces to determine the renminbi’s value than defend its currency by d

ipping into its $3 trillion foreign exchange reserves amid trade disagreements, analysts said.

The United States Treasury announced on Wednesday that it could not label China a

s a “currency manipulator” after Washington monitored the recent performance of the RMB.

No evidence was found to show Chinese monetary authority intervention in foreign exchange markets over the past sev

eral months, according to the US Treasury’s semiannual foreign-exchange report to Congress.

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So far EU ministers have only agreed a modest mandat

 to discuss reductions in tariffs in industrial goods and to seek agreement on conformity assessments. EU Trade Commissioner Cecilia Malmstrom is opp

osed to any quota agreement on cars and has lambasted the national security excuse put forward by the White House.

The most prominent supporter of free trade is the center-right European People’s Party which lost sea

ts largely to right-wing parties opposed to free trade, and to the Greens which want tougher conditions attached to trade deals.

The center-left Socialists are also broadly in support of free trade but lo

st seats, while the pro-trade Liberals (the Alliance of Liberals and Democrats for Europe) gai

ned seats. But the Liberals are now aligned with French President Emmanuel Macron’s En Ma

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Pompeo said in an interview with CNBC that, “We’ve been

working at the State Department to make sure that everyone understands the risks.”

“Recently, some US politicians have repeatedly made rumors about Huawei but canno

t provide any evidence that other countries have requested,” Lu told a daily news conference.

He noted that the US public is having more and more doubts over the market turbulen

ce and undermined industrial cooperation caused by the trade war and technology war initiated by the US.

“So some US politicians have continually created rumors, tr

ying to mislead the public and stir up ideological opposition, which is illogical,” Lu said.

Ideological differences do not necessarily impede tra

de, industrial and technological cooperation between countries, he said.

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Before his retirement, Wang irrigated farmland for de

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.

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