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US markets rallied and closed in positive territory Monday on news that Chinese President Xi Ji
上海419论坛nping and his US counterpart Donald Trump will resume negotiations to resolve the ongoing trade dispute.
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.”
Asia and Pacific Department Deputy Director Kenneth Kang, summarized that “China can play an important role and wou
ld benefit from further opening up and other structural reforms that enhance competition.”
The previously issued policy is sufficient to stabilize growth by 2020, desp
ite the recent US tariff hike, according to the fund’s report. “No additional policy ea
sing is needed, provided there are no further increases in tariffs or a significant slowdown in growth.”
Only if the trade tensions further escalate and threatChina’s Dragon Boat Fes
tival, or Duanwu, is just around the corner. Also called the Double Fifth Festival, the hol
iday, which falls on June 7 this year, is celebrated on the fifth day of the fifth month of the lunar calendar.en economic and
financial stability, additional policy easing, such as fiscal expansion, could be used to stabilize the economy, it said.
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.
technological innovation, the app now is a market leader with over 20 million downloads.W
ith eight propellers stirring in the air and the motor roaring, a flying vehicle successfully carried its inventor Zhao
Deli, who was dressed in a black suit complete with a helmet, goggles and elbow and knee protectors, into the air.
Over 500 news media industry executives, journalists, sponsors and suppliers attended the 2019 event.
The Guardian walked away with the top prize.
Besides its accurate, timely and engaging news reporting, the app also
provides the go-to source for foreigners interested in travel, study or work in China.
“One judge particularly enjoyed the intelligent algorithm basis of the newsfe
ed. The China Daily app has enormous scale, is easy to use and is very reader friendly,” said the judging panel.