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No evidence was found to show Chinese monetary

 authority intervention in foreign exchange markets over the past se veral months, according to the US Treasury’s semiannual foreign-exchange report to Congress. The May report summarized that China’s growth appears to be stabilizing on the back of recently enhanced supportive measures. The report expanded the number of countries it scrutinizes for curre ncy manipulation to …

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In a statement on May 16, Huawei said that losing acce

ss to US suppliers “will do significant economic harm to the US companies” and affect “tens of thousands of US jobs”. In total, US firm s sold an estimated $11 billion worth of components to Huawei last year, according to earlier media reports. “I’m not able to tell you exactly what the costs will be; …

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Pompeo said in an interview with CNBC that, “We’ve been

working at the State Department to make sure that everyone understands the risks.” “Recently, some US politicians have repeatedly made rumors about Huawei but canno t provide any evidence that other countries have requested,” Lu told a daily news conference. He noted that the US public is having more and more doubts over the market …

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“Learning to work together in an orderly, high trust

level, and supported by diverse interest groups will prevent conflicts among stakeholders in the South China Sea,” Santarita said. Scientists from China and other countries involved in the Belt and Road Initiative will work together to enhance scientifi c and technological cooperation in disaster prevention and mitigation, according to a joint declaration. He said Asia’s …

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Winter Games: 1,000 days to gontdown activity unfolds in Be

With 1,000 days to go before the 2022 Winter Olympics, pr eparations are well underway for a successful and sustainable event. Built for the 2008 Summer Games, Olympic Park in Beijing’s north ern downtown area entered the spotlight again on Friday as the country began its cou ntdown. The 2022 Winter Olympics, will be held …

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The legislation states that Washington should condu

ct “regular sales” of “defense articles” to Taiwan and back its participation in international organizations. “We urge the US side to keep its promise, abide by the one-­China policy a nd the three joint communiques, and block the bill’s progress,” Geng said. He urged the US to “appropriately handle the Taiwan question to avoid serious …

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Boosting rural areas will help solve dilemmas of ove

rcrowding and rampant construction plaguing cities, and the development of cities will also offer unique ways to bring about rural revitalization,” Chen said. “As restrictions on hukou will gradually be removed, cities need to be well-prepared to offer accommodation and employment opportunities, and allow children of migrant workers to have equal access to education,” Chen …

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The company will consider adding employees, researc

ch and field development resources to expand in the Chinese market over the coming years, he said. Ministry of Commerce spokesman Gao Feng said last month that the two countries’ negotiating teams are hashing out the text of a deal, including an enforcem ent mechanism, based on mutual respect and benefit. Both countries, the world’s …

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President hails Nepal’s participation in BRIing holds a w

China and Nepal should strengthen cooperation on infrastr ucture construction and continue to promote the construction of the China-Nepal c ross-border economic cooperation zone, President Xi Jinping said in Beijing on Monday. Xi made the remark during his meeting with his Nepali counterpart, Bidhya Devi Bhandari, who is on a nine-day state visit to China. …

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ent Xi Jinping speaks at the opening ceremony of the

hina will increase imports of goods and services on a larger scale. China will further lower its tariff rates. China not to adopt beggar-thy-neighbor currency devaluation China will continue to improve the exchange rate formation mechanism of its curren cy, the renminbi, and keep the exchange rate generally stable on a reasonable and balanced level. …

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