The US, Canada and Mexico have reached consensus on a new trilateral trade agreement, the US-Mexico-Canada Agreement, or USMCA, to replace the North American Free Trade Agreement (NAFTA) signed in 1994.
China's accession to the World Trade Organization (WTO) has turned out to have profoundly changed the global economic landscape and has positively affected the international trading community and the WTO itself.
In this increasingly globalized world, no nation can solve all its innovation problems by itself. While pursuing independent innovation, China is also willing to work closely with other countries to advance science and technology for a better future for humanity.
China's compliance with the World Trade Organization (WTO) since its accession 17 years ago lies at the center of US President Donald Trump's trade war against China.
In the absence of major changes to the original North America Free Trade Agreement (NAFTA), US President Donald Trump's renegotiating it with Canada and Mexico might not be about America, but about China.
The US administration has launched a trade war with China and other major economic powers. We have to realize the fact that the world is changing to a new stage fraught with uncertainties.
Thanks to 40 years of development, China is now the world's second largest economy that boasts a complete industrial chain. None of this would have come about without the dedication of the Chinese worker.
Every year on October 1, the song “Today is Your Birthday, My Motherland” can be heard playing across the country. The song reflects the desire of the Chinese people to pursue peace and growing prosperity.
For the 1.39 billion Chinese people, today's peace and development are the result of sacrifices of countless martyrs. In order to let the heroes rest in peace without regrets, we shall work hard and create a more beautiful tomorrow.
China is not the only victim of Trump's foreign policy change. Europe, Canada, Japan and other US allies included, are also subject to his hegemonic bullying.
The bottom line is that China's government is seeking to make the most of the opportunities presented by the development of its pilot free trade zones.
Chinese State Councilor and Foreign Minister Wang Yi called on Friday for stronger actions to defend multilateralism in his speech at the General Debate of the unfolding United Nations General Assembly.
That President Trump's voice was the sole target of laughter and derision at the UN General Assembly shows how far he and his administration have drifted from the mainstream of global leadership.
China can take advantage of the chaos in the White House and grow its influence in the global economy. Similarly, countries like Australia, can show our support for the world trading system.
Whether China is buckling under the weight of Trump's tariffs and showing cracks are unclear, but the assumptions and information behind the CNBC article's assessment are at odds with the country's economic and financial realities.
As much as 200 billion US dollars' worth of Chinese goods have been levied by an additional 10 percent this year, which will increase to 25 percent next year.
"This report does have its meaningfulness, and hopefully it can do a good job of persuading at least some people in the US," said John Gong, the professor of economics at the University of International Business and Economics.
China released a "white paper" on the China-US trade war on Monday, explicitly outlining its policy on how to address or end the trade war.
Sweden has long been regarded as a so-called "ideal country" . But in recent years, negative news about Sweden has frequently appeared in the international media.
At the World Economic Forum “Summer Davos” in Tianjin last week, there was a lot of discussion about the future of financial technology, and how advances in this field could create and shape new financial markets.