For the past 40 years since China introduced the policy of reform and opening-up, the belief of dominant policymakers in China and the US has been that their economies can only prosper by working together. Proponents of the alternative policy — keeping China poor to ensure that it stays weak — were thin on the ground, and were (fortunately) not listened to.
And on Tuesday, the office of the US Trade Representative issued a list targeting 1,300 Chinese products, but there will be a discussion period before implementation. In response, the Chinese Ministry of Commerce announced on the same day that Beijing has decided to impose tariffs on 106 items originating in the US.
More than 500 pieces of pottery, bronze and iron ware dating back from the Warring States period (475-221 BC) to the Tang Dynasty (618-907) have also been discovered in the area.
Qi explained how Zhang Qiyue, consul general of China in New York, wrote in a letter to David Oh, a Philadelphia city councilman who had written an official city apology over the incident, that it will not affect cultural exchanges between China and the US.
HAIKOU -- China has decided to support Hainan in developing the whole island into a pilot free trade zone, and gradually exploring and steadily promoting the establishment of a free trade port with Chinese characteristics.
It said the nation’s consumer inflation target, measured by the consumer price index, is around 3 percent this year — real CPI growth in 2017 was 1.6 percent.