Wednesday, 25 April, 2018

Smog in key north China region rises 27 pct in March - ministry

Tanker vessel Smog in key north China region rises 27 pct in March - ministry
Nellie Chapman | 14 April, 2018, 21:42

But they seem surprised and confused by Mr. Trump's rapid-fire decisions and trade threats, like the move to impose punitive tariffs on an additional $100 billion in Chinese imports, according to many who have met with them.

First quarter sales increased by 2.8% to close to 7.2m vehicles from just over 7m units in the same period of a year ago - in line with the association's forecast of 3% growth for the whole of 2018.

China's exports growth unexpectedly fell in March, the first drop since February previous year, raising questions about the health of one of the economy's key growth drivers even as trade tensions rapidly escalate with the United States.

"We hope both China and the USA can solve the disputes with wisdom and respect, in a constructive way", Spokesman Huang said.

At a time when the USA is increasingly backing away from global commitments, China and India can fill in the vacuum, just as they did in the case of climate change negotiations where both countries pledged they will reducing greenhouse gases by 2020, even as the U.S. later pulled out of the Paris Accord.

Exports contracted 2.7 per cent from a year earlier to $174.1 billion, down from the 24.4 percent growth for the first two months of 2018, customs data showed yesterday.

Also Thursday, President Trump said he will consider joining revised Trans-Pacific Partnership (TPP), a trade group of 11 Pacific Rim nations, which might give the United States additional leverage in any talks with China.

The report said she had lived through five wars while living in Syria, including the 1967 six-day war, when Israel hit a Syrian airbase where her husband was serving.

Imports rose 7.2 percent on year to $42.8 billion in March. The global trade balance often slips into deficit for one month early each year as factories restock following the Lunar New Year holiday.

He reiterated that China does not want a trade war with the US.

The confusion over Mr. Trump's stance on trade deepened on Thursday when he said, in a surprise move, that he was considering rejoining the multicountry trade deal known as the Trans-Pacific Partnership, after abruptly withdrawing the United States from the negotiations a year ago.

Analysts expected China would record a trade surplus of US$27.21 billion for last month, from February's surplus of US$33.75 billion. China bought products from Brazil worth US$9.16 billion and Brazil bought goods worth US$5.32 billion from China.