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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Financial Times: Beijing to make concessions to avoid a trade war with Washington

    Rocky
    Rocky
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    • Post n°1

    Financial Times: Beijing to make concessions to avoid a trade war with Washington Empty Financial Times: Beijing to make concessions to avoid a trade war with Washington

    Post by Rocky Mon 10 Apr 2017, 6:34 am

    Financial Times: Beijing to make concessions to avoid a trade war with Washington


    Monday, April 10, 2017 11:44


    News / Baghdad
    According to the newspaper Financial Times , that Beijing has offered the United States to reach an appropriate cooperation in the financial sector, in addition to the possibility of beef export, in order to avoid a trade war between Albuldbn.

    After meeting US President, Donald Trump , last week with his Chinese counterpart Xi Jinping, the paper reported that the two leaders agreed on the need to speed up negotiations on trade, to obtain concrete results during the next 100 days.
    Trump: the trade gap will make the meeting with the head of China's very difficult
    Trump signed an order the withdrawal of US trade agreement across the Pacific


    According to the paper, China had shown flexibility in offering two concessions to the United States, first relates to money markets, and the second export of beef.

    The paper quoted a representative of the Chinese authorities did not disclose his name, saying, "China was ready to raise the investment ceiling in the framework of the agreement on bilateral investment between Washington and Beijing, but has been postponed negotiations on after Trump's election victory, though Obama remained president for another six months, we have achieved this goal. "

    The official said, China also wants to put an end to the ban on imports of American beef, in place since 2003, and also buy more grain and other agricultural products, in order to reduce tensions over trade.

    The Trump has repeatedly expressed his anger at the trade deficit with China during the period of the existence of the previous administration of President Barack Obama, which amounted to about $ 347 billion.

    Since 2008, China and the United States is negotiating an agreement on bilateral investment (Bilateral Investment Treaty), which seeks to establish mutual investment rules in both countries. And the provision of access to American companies to the Chinese market better, and equal rights with local companies.


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