The Trump administration has really fulfilled some of the demands of the US soybean farmers.

Everyone should know that since the United States launched a trade war against China, China’s counter-measures have made the United States more uncomfortable—especially American farmers who have relied heavily on the Chinese market. However, it seems that Trump, the US president who "does not hit the south wall and does not look back", has not stopped his wrong approach. Instead, he has extended his hand to the pockets of American taxpayers, allowing American society to give him $12 billion in wrong trade. Policy to pay the bill, to subsidize the loss of farmers. But the American farmers did not buy it, and they all said that "the market should not be subsidized." However, the peasants who have made these days more difficult have never imagined that the Trump administration has really fulfilled some of their demands - but not to return the lost Chinese market to them, but really did…

Xi Jinping should make an ordinary call with Trang

On the 1st, President Xi Jinping should have an ordinary telephone call with US President Trang. Trump said that I value the good relations with President Xi Jinping and would like to extend good wishes to the Chinese people through President Xi Jinping. It is very important that the heads of state of the two countries communicate directly. We must keep in constant contact. I look forward to the resumption of the meeting with the President of the Sovereign Group during the summit of the G20 leaders in Argentina. We can conduct in-depth discussions on some major issues. I hope that both sides will work together to fully prepare for our meeting. The US side attaches importance to US-China economic and trade cooperation and is willing to continue to expand exports to China. It is necessary for the economic teams of the two countries to strengthen communication and consultation. I…

Japanese Prime Minister’s visit to China is expected to restart currency swap

Japanese Prime Minister visits China after a lapse of seven years. The two countries are expected to restart the currency swap agreement. China and Japan forty and not confuse to join hands in the third-party market In addition to the highly regarded third-party market cooperation, there will be a very broad space for cooperation between China and Japan in areas such as information technology, artificial intelligence, technological innovation, and response to the aging crisis. "The blue sky of Haneda Airport. I have not officially visited China for seven years. Although there are various problems, it is precisely because of this that the heads should be more open-minded and speak out frankly. This opportunity, I want to Japan-China relations have advanced to a new stage." At noon on the 25th local time, Japanese Prime Minister Shinzo Abe updated his Twitter before boarding. After more than two hours, Abe’s special plane landed…

China’s soybean trade: US soybean price advantage no longer exists

China's soybean trade pattern has changed significantly: the US soybean price advantage no longer exists In midsummer July, PeakPegasus, a bulk carrier carrying US soybeans, became a “net red”: In order to compete with China Customs’ counter-measures of 25% import tariffs, “Fei Mafeng” played a “life and death speed” in China’s Yellow Sea. ". On October 18th, more than three months later, the “Dragon Push 603” grain special barge loaded with thousands of tons of soybeans arrived in Fuyuan Port of Heilongjiang Province from the Russian Far East. This was the first time that Chinese enterprises planted non-GMO soybeans in Russia. The waterway is returned to China in large quantities. The same is the soybean ship that arrived in China. Why do you have this different fate? When China and the United States were in the midst of trade, ordinary soybeans became the protagonist of inciting huge economic benefits. This…

Hainan Free Trade Zone: Accelerate the planning and construction of new districts

Hainan: Accelerate the planning and construction of Haikou Jiangdong New District, Sanya Headquarters Economy and Central Business District On the morning of October 22, Hainan Provincial Party Committee Secretary Liu Cigui presided over the meeting of the Standing Committee of the Provincial Party Committee to study the planning of Haikou Jiangdong New District, Sanya Headquarters Economy and Central Business District. Liu Cigui demanded that he fully understand the importance of building two new districts to implement the important speech of the General Secretary of the internship "4·13" and the spirit of the No. 12 Document of the Central Committee, effectively improve the political position, adhere to the post-movement, and be scientific and forward-looking. Guided high-level planning is the lead, speeding up the promotion of various work and related projects, and striving to create a new ecological trade zone with Chinese characteristics and a world-class free trade port. The meeting heard…

Trade Protectionism Kills the World

People's Daily: Trade Protectionism Kills the World Trade protectionism has long existed as an economic trend of thought and policy practice. Although there are different theoretical expressions and policy claims in different historical periods, the main thrust of the idea is to follow the same line, that is, to protect the economic interests of the country by restricting the participation of other countries' goods, services and related elements in the competition in the domestic market. Both theoretical analysis and practical experience show that trade protectionism does not bring much practical benefits to the countries that implement the policy. It is an economic trend of thought and policy practice that harms others and harms the world. Impede the improvement of production efficiency. Economic theory suggests that specialized producers will only emerge when the demand for a product or service is expanded to the point where professional production becomes necessary. If the…

Ministry of Commerce: Expecting Sino-US Ice Release

The Ministry of Commerce responds to Sino-US trade issues: I hope that China and the United States can open up the clouds At the regular press conference held by the Ministry of Commerce on the 18th, the spokesman of the Ministry of Commerce spoke on the question of "China's export growth to the US is higher than the same period last year", saying that the first three quarters of bilateral trade between China and the United States The situation is mainly influenced by the demand factors of the US market, which fully demonstrates that the economies of China and the United States are highly complementary, and Chinese products are still very popular among American consumers. At the same time, it does not rule out the factors that some US importers are accelerating their procurement in response to the US tariff increase measures. Gao said that the trade frictions provoked by…

US Treasury: No currency exchange rate including China

US Treasury: Major trading partners, including China, have not manipulated currency exchange rates At a sensitive moment when Sino-US trade frictions intensified, the US Treasury official said on the 8th to Bloomberg News that the US Treasury is worried about the depreciation of the renminbi and is looking for signs of "manipulating the exchange rate" and considering whether it will be introduced next week. China’s report lists China as a “currency manipulator”. Chinese Foreign Ministry spokesman Lu Hao said on the 9th that the argument is unfounded speculation and irresponsible. He reiterated that China's position and attitude on the issue of the RMB exchange rate are very clear. We do not intend to stimulate exports through the competitive devaluation of the currency, nor will we use the RMB exchange rate as a tool to deal with disputes in trade or other economic sectors. Bloomberg said in the report that US…

China refutes the US’s so-called use of “debt diplomacy”

The Foreign Ministry refutes the so-called Chinese side's use of "debt diplomacy" to expand global influence A reporter asked: Not long ago, US leaders claimed that China is using "debt diplomacy" to expand its global influence. During his visit to Vietnam, the US Defense Minister stated that China has adopted "predatory economic behavior" and imposed huge debts that are difficult to repay on other small countries. What is China's comment? Lu said that in the face of a large number of facts and figures, the US has repeatedly fabricated lies and made irresponsible remarks out of its own political needs, which is very disappointing. Lu Wei pointed out that as everyone knows, insufficient capacity, lack of independent development capability, backward infrastructure, and financing difficulties are the bottlenecks that many underdeveloped countries generally face. China itself has faced the same problem for a long time, and it feels the same for…

Russia vows to “de-do dollar” to the end!

According to "Russia Today", the Russian government is studying the details of the "de-dollarization" plan. The plan was announced by the Russian Ministry of Finance in early October. The core of the plan is to allow Russian major exporters to use the ruble to settle more than the US dollar, in order to eliminate Russia's dependence on the US dollar, and strive to achieve economic de-dollarization by 2024. ". Under the plan, exporters using ruble settlements may receive additional benefits such as substantial tax breaks, and the plan also includes faster VAT refunds and other “go to dollar” incentives. The Russian government is working out the details of the plan in detail and will soon submit it to Russian Prime Minister Dmitry Medvedev. Russian Deputy Finance Minister Moiseyev told Reuters: "There are still differences between the technical departments, and now we will quickly improve the plan. I hope the government…