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es it a large exporter of manufactured goods to the US and

Given that the US economy is driven by domestic demand, consumption in particular, instead of exports, a high rate of eco nomic growth will widen the trade deficit, as it would have to import more products than it exports. In … Continue reading

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And, despite ongoing tensions, the total value of impo

orts and exports rebounded sharply in March, reaching 9.6 percent higher than March 2018. S o, overall trade grew by 3.7 percent year-on-year in the quarter despite low growth rates in January and Febru ary. Exports of electrical and mechanical … Continue reading

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Xi underlines studies on May Fourth Movementnjiang

The call made by Xi Jinping, general secretary of the Communist Party of China Central Committee, for more study of the May Fourth Movement, will help younger generations better understand the value of its spirit, observers said. Xi underlined the … Continue reading

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Abe to send envoy to Belt and Road ForumAbe will

Japanese Prime Minister Shinzo Abe will send his special envoy Toshihiro Nikai, secretary-general of the rulin g Liberal Democratic Party, to attend the second Belt and Road Forum for International Cooperation in Beijing. In a news conference held by the … Continue reading

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Kim, while stressing the importance of solving prob

lems through dialogue and negotiations, also underlined that he does not accept “the American style of dialogue” which imposes the United States’ unilateral demands upon its dialogue partner. Kim said the United States is hinting at holding a third DPRK-US … Continue reading

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Digital trade enabled up to 3.2 trillion yuan of econo

omic value in the domestic economy in 2017, equivalent to nearly 4 percent of China’s 82.08 trillio n yuan GDP that year.This is significant, considering the economic value estimated for other Asia-Pacific economi es ranges between 1 and 3 percent, … Continue reading

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The 142-km Jakarta-Bandung high-speed railway, connec

cting the Indonesian capital Jakarta with Bandung, is now under construction, after China and Indonesia signed an agreement in October 2015 to establish a joint venture to build and operate it. As a part of the Belt and Road Initiative … Continue reading

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Crews around Platte Valley were rescuing residents from

  Fifteen volunteers were stranded on the lake, eventually rescued themselves with the help of the Nebraska National Guard, which brought in a Black Hawk helicopter, according to CNN affiliate KETV.   The National Weather Service predicts “much calmer” weather in most … Continue reading

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Annual session of CPPCC to be held on March 3

Beijing will invest 235.4 billion yuan ($35.2 billion) in 300 key projects focusing on infrastructure construction, improve ment of people’s livelihoods and high-tech industries this year, director of the city’s Development and Reform Com mission Tan Xuxiang said at a … Continue reading

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The US team expressed the willingness to make joint effor

rts with the Chinese team to strive for the conclusion of a deal that meets the interests of both sides. “We bring the best wishes of President Trump. He’s asked us to state that he also places great importance on … Continue reading

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