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Newpaper24 - Global online News around the World fec0c130-5a46-11e8-a7d9-186ba932a081_image_hires_112546 China scraps US sorghum import levy, amid commerce warfare talks - NEWPAPER24  Newpaper24 - Global online News around the World fec0c130-5a46-11e8-a7d9-186ba932a081_image_hires_112546 China scraps US sorghum import levy, amid commerce warfare talks - NEWPAPER24

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China scraps US sorghum import levy, amid commerce warfare talks – NEWPAPER24

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China scraps US sorghum import levy, amid commerce warfare talks

2018-05-18 03:25:50


China has dropped an anti-dumping levy it imposed a month in the past on US sorghum imports amid talks between the 2 nations to attempt to avert a commerce warfare.

A discover by the Chinese language Commerce Ministry stated the anti-dumping responsibility of 178.6 per cent imposed on April 18 has elevated prices for customers and was in opposition to the general public curiosity.

Many pig farmers confronted operational difficulties after the levies had been imposed and the ministry has determined to drop them, the discover stated. One of many fundamental makes use of of the grain is for animal feed.

China imposed the preliminary anti-dumping tariffs on US sorghum after US President Donald Trump threatened to boost tariffs on Chinese language imports amid the 2 nations’ escalating commerce dispute.

China ‘affords Trump US$200 billion reduce in commerce surplus’

The US shipped 4.76 million tonnes of sorghum to China in 2017, the majority of China’s roughly 5 million tonnes of imports of the grain that 12 months, based on Chinese language customs knowledge. The worth of the imports was roughly US$1.1 billion.

US sorghum farmers feared they might lose their greatest export market if China pursued tariffs on their crops.

The commerce ministry’s announcement got here as Chinese language Vice-Premier Liu He’s in Washington for talks with US officers, led by Treasury Secretary Steven Mnuchin, to comprise tensions over China’s huge commerce surplus with the US.Newpaper24 - Global online News around the World  China scraps US sorghum import levy, amid commerce warfare talks - NEWPAPER24

Liu met with US President Donald Trump on Thursday and stated the 2 nations wanted to correctly resolve their commerce disputes in an equal and mutually useful manner.

“China is keen to work with the US to correctly resolve financial and commerce points that concern each nations in an equal and mutually useful method,” Liu was quoted by state-run Xinhua as saying. “Either side ought to guarantee financial and commerce cooperation proceed to be the driving force of Sino-US relations.”

Xi Jinping says ‘China can come out of commerce warfare in higher form than US’

China has supplied through the talks in Washington to chop its commerce surplus with the US by US$200 billion, based on experiences by Newpaper24 and Newpaper24, citing unnamed sources.

One of many sources stated that US plane maker Boeing can be a serious beneficiary of the Chinese language provide as China elevated purchases of American items and providers, Newpaper24 reported.

China commerce watches have expressed scepticism as as to if the goal could be achieved in a 12 months.



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Philippines takes ‘diplomatic motion’ after Chinese language bombers land at South China Sea island base  – NEWPAPER24

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Newpaper24 - Global online News around the World 0b0f8e82-5cb1-11e8-a4de-9f5e0e4dd719_image_hires_131752 Philippines takes ‘diplomatic motion’ after Chinese language bombers land at South China Sea island base  - NEWPAPER24

Philippines takes ‘diplomatic motion’ after Chinese language bombers land at South China Sea island base 

2018-05-21 05:12:00


The Philippines expressed “critical issues” over the presence of China’s strategic bombers within the disputed South China Sea and its international ministry has taken “acceptable diplomatic motion”, the spokesman of President Rodrigo Duterte mentioned on Monday.

China’s air drive mentioned bombers such because the H-6K had landed and brought off from islands and reefs within the South China Sea as a part of coaching workouts final week, drawing indignant reactions from opposition lawmakers in Manila. The USA additionally despatched ships to the disputed areas.

The Philippines couldn’t independently confirm the presence of Chinese language bombers within the South China Sea, mentioned presidential spokesman Harry Roque.

“However, we pay attention to the stories that appeared and we specific our critical issues anew on its impression to efforts to take care of peace and stability within the area,” Roque advised a daily media briefing on the presidential palace.

The Division of International Affairs within the Philippines mentioned it was monitoring developments.

“We’re taking the suitable diplomatic motion essential to guard our claims and can proceed to take action sooner or later,” it mentioned in an announcement.

“We reiterate our dedication to guard each single inch of our territory and areas which we’ve sovereign rights over.”

Nonetheless, the international ministry stopped wanting condemning China’s motion after Durterte conceded the Philippines was powerless to cease Beijing’s militarisation of South China Sea.

“What’s going to we arm ourselves with if there’s a battle?” he mentioned in response to a transcript launched by his workplace on Sunday.

“Will we resort to slapping one another? I couldn’t even purchase myself a rifle. It was given to me. So how will we even combat with the Chinese language?”

Newpaper24 - Global online News around the World  Philippines takes ‘diplomatic motion’ after Chinese language bombers land at South China Sea island base  - NEWPAPER24

China claims virtually your entire South China Sea, a strategic waterway by which about US$three trillion price of seaborne items passes yearly. Brunei, Malaysia, the Philippines, Taiwan and Vietnam even have conflicting claims within the space.

China has constructed seven synthetic islands within the Spratlys group within the South China Sea and turned them into army outposts with airfields, radars, and missile defences.

Beijing says its army services within the Spratlys are purely defensive and that it will probably do what it likes by itself territory.

Filipino lawmakers have criticised Duterte for not confronting China in choice for his makes an attempt to win China’s friendship, regardless of a beneficial ruling Manila acquired over the disputed waterway from an arbitration court docket in The Hague in 2016.

Duterte has mentioned he wouldn’t danger a confrontation with China and has reiterated his openness to endeavor joint exploration and growth in waters believed to be wealthy in oil and pure gasoline. 

Further reporting by Newpaper24 and Related Press



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Iran’s prime envoy to China calls on Beijing to assist safeguard nuclear deal  – NEWPAPER24

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Newpaper24 - Global online News around the World 0beeb9b6-5b5f-11e8-a7d9-186ba932a081_image_hires_082133 Iran’s prime envoy to China calls on Beijing to assist safeguard nuclear deal  - NEWPAPER24

Iran’s prime envoy to China calls on Beijing to assist safeguard nuclear deal 

2018-05-21 00:16:34


Iran has referred to as on China to assist safeguard the nuclear deal it reached with different main world powers, saying Tehran will resort to “different choices” if its pursuits are threatened by US sanctions.

The nation’s ambassador to China Ali Asghar Khaji mentioned Beijing had a constructive function to play in upholding the deal, and will increase financial cooperation with Tehran. 

He additionally mentioned the Iranian overseas minister selected Beijing as his first cease on a whirlwind diplomatic tour final week due to China’s “significance” to Iran.

“We count on different remaining members of the Joint Complete Plan of Motion, together with China, to assist implement and proceed this deal, and fulfil their dedication and obligations in response to this deal,” Khaji mentioned, referring to the plan reached in 2015 that can see Iran considerably lowering its uranium stockpile by 2030 in alternate for the lifting of financial sanctions.

“If we might acquire these rights and advantages from this deal we’ll keep in it. If these Iranian rights weren’t happy, and our pursuits weren’t reached, we’ll take into consideration different choices,” he mentioned in an interview with the South China Morning Put up final week, with out specifying what the opposite choices had been.

Newpaper24 - Global online News around the World  Iran’s prime envoy to China calls on Beijing to assist safeguard nuclear deal  - NEWPAPER24

The nuclear deal reached between Iran, Germany and the 5 everlasting members of the United Nations Safety Council – China, France, Russia, the UK and america – was as soon as seen as a consequential accord that might reshape Center East politics.

However US President Donald Trump referred to as the settlement “a horrible, one-sided deal” and introduced the US would withdraw, leaving Iran susceptible to a brand new wave of sanctions, whereas firms with enterprise ties to Tehran could face US penalties.

German newspaper Welt am Sonntag reported on Sunday that diplomats from Europe, China and Russia are discussing a brand new accord to supply Iran monetary support to curb its ballistic missile growth, within the hope of salvaging the 2015 deal, in response to Newpaper24. The officers will meet in Vienna within the coming week beneath the management of senior European Union diplomat Helga Schmid to debate the subsequent steps. 

Final week, Iranian overseas minister Mohammad Javad Zarif met his counterparts from China and Russia, in addition to Britain, France, Germany and the European Union, in a bid to rescue the deal. Regardless of Washington’s withdrawal, all the opposite signatory nations have vowed to maintain the pact alive.

“So with this constructive environment, we imagine that, and we hope that, we will proceed the Joint Complete Plan of Motion with out america,” Khaji mentioned.

Khaji mentioned Zarif “deliberately” made Beijing his first vacation spot on the journey, earlier than Moscow and Brussels, as a result of China is Iran’s prime buying and selling companion and No 1 oil and non-oil purchaser, in addition to main investor. “This resolution was made due to the significance of China for us,” he mentioned. “We count on China, as a member of the 5+1, to proceed to play its constructive function to implement and safeguard the nuclear deal.” 

Newpaper24 - Global online News around the World  Iran’s prime envoy to China calls on Beijing to assist safeguard nuclear deal  - NEWPAPER24

Beneath a separate settlement signed final yr, China Nationwide Nuclear Company was contracted to revamp Iran’s Arak heavy water reactor in order that it will likely be unable to provide plutonium.

Khaji criticised the US pull-out as “completely unlawful” and signalled to the worldwide neighborhood that Washington was not reliable. “Not solely Iranians, but in addition different nations and international locations lose their belief in america due to this withdrawal,” he mentioned.

The ambassador didn’t rule out the opportunity of renegotiation with the US, or perhaps a new deal, however mentioned Iran would make choices in response to the present scenario and would observe up on its authorized rights. 

China tipped to revenue after Donald Trump quits Iran nuclear deal

Throughout Zarif’s three-hour assembly along with his counterpart Wang Yi in Beijing final Sunday, the Chinese language aspect reaffirmed China’s dedication to safeguard the settlement and likewise agreed to increase financial cooperation between the 2 sides. 

“Our Chinese language pals once more reaffirmed their stance towards unilateral sanctions and truly pictured the framework of the long run cooperation between the 2 international locations on easy methods to increase the relations,” Khaji mentioned.

On Thursday, Iran’s oil minister Bijan Namdar Zanganeh additionally mentioned state-owned China Nationwide Petroleum Company was prepared to interchange Complete on a significant gasoline area venture in Iran if the French power large pulled out.

Washington seeks to forge world ‘coalition’ towards Iran regime, in wake of Trump’s nuclear deal pull-out

China has been Iran’s greatest buying and selling companion and export marketplace for the previous 10 years. In 2017, their two-way commerce jumped 21 per cent from a yr earlier to achieve US$37.three billion, whereas greater than 200,00zero journeys had been made between the 2 international locations.

Iran can be an vital a part of China’s “Belt and Highway Initiative” – aiming to spice up commerce and infrastructure hyperlinks from Asia to Africa and Europe – due to its strategic location between East and West, simply because it was a centre of the traditional Silk Highway. Iran signed a memorandum of understanding to hitch the initiative in 2016, when Chinese language President Xi Jinping visited Tehran.

Newpaper24 - Global online News around the World  Iran’s prime envoy to China calls on Beijing to assist safeguard nuclear deal  - NEWPAPER24

The bilateral relationship between the 2 international locations has additionally improved in different areas akin to safety, Khaji mentioned.

Iran is an observer on the China-led Shanghai Cooperation Organisation safety bloc, and Xi has invited Iranian President Hassan Rowhani to this yr’s SCO summit in Qingdao subsequent month.

“We’re positively this invitation,” the ambassador mentioned. 

Khaji additionally condemned Israel for inflicting the deaths final week of greater than 60 Palestinians protesting on the Gaza-Israel border over the US transferring its embassy from Tel Aviv to Jerusalem, saying US and Israeli actions had been destabilising the area and it was like “placing oil on this hearth and escalating stress within the area”. “One of many vital causes of the instability within the Center East area is the US resolution and actions,” he mentioned.



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Hong Kong can make the most of nationwide funding for innovation and know-how, metropolis’s monetary secretary says – NEWPAPER24

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Newpaper24 - Global online News around the World 84517048-5c1c-11e8-a7d9-186ba932a081_image_hires_230423 Hong Kong can make the most of nationwide funding for innovation and know-how, metropolis’s monetary secretary says - NEWPAPER24

Hong Kong can make the most of nationwide funding for innovation and know-how, metropolis’s monetary secretary says

2018-05-20 14:00:06


Hong Kong’s monetary secretary has urged native builders to “seize the benefit” of sturdy Beijing help to advance in innovation and know-how, after President Xi Jinping directed state companies to provide the town’s scientists larger entry to nationwide funding final Monday.

Paul Chan Mo-po mentioned the town has stable benefits to develop in innovation and know-how, akin to worldwide connections, a capability to nurture expertise, safety of copyright and a sound authorized system.

“Now we even have sturdy coverage help from Beijing. The entire society has been steadily creating a consensus for Hong Kong to develop innovation and know-how,” Chan wrote in his weblog on Sunday.

Nationwide funding ‘crosses the bridge’ to Hong Kong scientists and analysis hubs as a part of innovation drive

Relating to the Hong Kong authorities’s position, Chan mentioned it’s accountable for constructing a superb atmosphere for the trade.

He gave examples akin to eradicating restrictions, investing in schooling and cultivating and attracting expertise and firms.

“By daring to behave and experiment with out worry of failure and limitation by the previous expertise, we are able to expand breakthroughs!” He wrote.

After he officiated the opening ceremony of “SmartHK 2018” on Could 16 in Zhejiang, Hangzhou, Chan additionally mentioned he was impressed by mainland web corporations’ imaginative and prescient and perception into the most recent social development to enhance folks’s high quality of life.

Newpaper24 - Global online News around the World  Hong Kong can make the most of nationwide funding for innovation and know-how, metropolis’s monetary secretary says - NEWPAPER24

“These corporations usually are not simply main in web know-how, synthetic intelligence and large information, they’re additionally inventive of their enterprise mannequin and the best way of offering companies,” he mentioned.

Two high Hong Kong students have dismissed considerations that tutorial freedom might be compromised below the brand new coverage introduced by Xi.

The transfer was in response to an attraction by 24 of Hong Kong’s main scientists and college professors who wrote to him final 12 months to “specific their urgent hope to make a contribution to the motherland”.

Lack of innovation and incentives holding again Hong Kong from turning into a wise metropolis

Professor Andy Hor Tzi-sum, vice-president for analysis on the College of Hong Kong, mentioned status was crucial for lecturers, and he didn’t imagine any of his friends would really feel obliged to observe orders from the central authorities on analysis simply because they had been receiving funding.

“High professors won’t come to Hong Kong if we should not have good funding and sources and if we restrict what matters they’ll do,” Hor mentioned.

One other scholar, Joseph Lee Hun-wei, a professor of engineering and public coverage at Hong Kong College of Science and Expertise, echoed Hor’s view, saying approval of tasks on the nationwide degree is carried out by impartial specialists.

Lee added cash was not the one challenge confronted by the analysis sector as there was a necessity for a coherent and clear coverage for analysis and growth, and collaborate with the mainland.



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