Smog in northern Chinese region rises 27% in March

Smog in northern Chinese region rises 27% in March

To take note of as well, the research boutique further pointed out how although the Asian giant's surplus with most other countries had declined over the past two years, that with the USA was near record highs.

Xi Jinping pointed out that 2018 marks the 40th anniversary of China's reform and opening up.

He also said "Cold War mentality" and arrogance had become obsolete and would be repudiated.

China will set up an global free trade zone and port on the southern island of Hainan, state radio said on Friday, quoting President Xi Jinping, amid speculation it is trying to set up a rival to the trading and financial hub of Hong Kong.

"We both have to do ease of doing business so that our procedures, red tape, and non-tariff barriers get sorted out so that investors from both the countries in their respective fields get the investment opportunities".

Chinese officials have been promising since at least 2013 to ease restrictions on foreign joint ventures in the auto industry, which would allow foreign firms to take a majority stake.

Others are confident American customers can not do without them.

Tesla's Chief Executive Elon Musk has railed against an unequal playing field in China and wants to retain full ownership over a manufacturing facility the company is in talks to build there.

As a very important country in the Caribbean region, Barbados is a vital partner of China. "Avoiding a trade war will benefit all countries", Musk tweeted after Xi's speech. Other issues have involved intellectual property rights infringements.

Phagwara clash: Internet ban in four Punjab districts till April 16
However, later in the day, situation was brought under control after a huge police contingent marched through Phagwara . At least 700 security men took out a flag march today in Phagwara as tensions prevailed throughout the city.

No hard timeline has been set by either Washington or Beijing for the actual imposition of tariffs, which leaves the door open to negotiations and a possible compromise which could limit the damage to both sides and other trade-reliant economies.

"Before, we didn't think we're affected because we're doing little metallic parts", said Chau at his three-storey beige-coloured-plant in Dongguan.

During the first quarter, the levels of PM2.5 in the Beijing-Tianjin-Hebei region, which has been under heavy political pressure to tackle pollution, dropped 22.1 percent to 74 micrograms per cubic metre, down from near record highs in the same period of past year. An estimated $5 trillion in global trade passes through the waterway annually, and China has constructed airstrips and other installations on artificial islands to enlarge its military footprint.

But that was quickly quelled when, in a late night tweet, he said he would only rejoin if the United States received a "substantially better" deal that the one his predecessor Barack Obama negotiated.

Now China's most powerful leader since Mao Zedong, Xi has set his sights on reasserting his country's power on the worldwide stage, including building a combat-ready military and navy.

Early this week Xi delivered a major speech in which he promised to reduce import tariffs on United States autos and loosen restrictions on investment from U.S. companies, which frequently are required to enter joint ventures as a minority owner in exchange for access to the Chinese market.

The U.S. has accused China of unfairly subsidizing targeted sectors and forcing foreign companies to transfer technology in areas like robotics, aerospace and artificial intelligence.

Chinese officials have denounced the recent passage of a US law encouraging more high-level contacts with Taiwan.

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