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China and the United States have made new progress in negotiating the text of an econom
ic and trade deal, but much work remains to be done, the Ministry of Commerce said on Thursday.
Negotiating teams from the two countries are hashing out the text of the deal, including
an enforcement mechanism, on the basis of mutual respect and benefit, said Gao Feng, ministry spokesman.
The remarks came as the world’s two biggest economies have been i
ntensifying their consultations and aiming to break the deadlock in a timely manner.
In the most recent round of trade consultations, the negotiators discussed technolo
gy transfers, protection of intellectual property rights, nontariff measures, the service sector, agriculture, tra
de imbalances and enforcement mechanisms, according to earlier reports.
The American Chamber of Commerce in China said in a recent white paper that the US business commu
nity in China, long an advocate of good bilateral relations, can no longer be relied on to be a positive anchor.
An inferno that destroyed the spire and a large portion of the wooden roof structure of the 12th-century Notre Dame Cathedral in Pa
ris on Monday reinforced a cautionary message to Chinese authorities about the need to better protect vulnerable heritage sites.
The National Cultural Heritage Administration held a staff meeting on Tuesday night at wh
ich officials discussed the Paris fire and six major fires that have taken place at Chinese cultural heritage sites this year.
“The fire at Notre Dame in Paris rang the warning bell for us,” Song Xi
nchao, deputy director of the administration, said in an interview on Tuesday.
“The safety of cultural heritage sites is a red line that can never be crossed. It’s a global issue,” he said.
The six fires were in Sichuan, Fujian, Jiangxi, and Zhejiang provinces, officials said.
On Jan 6, a hall at Yunyan Temple in Jiangyou, Sichuan province, burned down. On
Feb 2, a wooden family temple from the Qing Dynasty (1644-1911) in Nanchang, Jiangxi, was destroyed by fire.
president of R.W. Mann & Co, an aviation consulting firm. “I think it will be a good thi
ng for Max aircraft, but I’m not sure it will be a good thing overall if it creates an international bureaucratic proce
ss for future certification that will take longer than any individual oversight agency would now require.”
James Hall, managing partner of Hall & Associates, an aviation consulting firm in Washin
gton and former chairman of the NTSB, said it’s unclear how the FAA’s new panel will m
esh with investigations of Boeing launched by the US inspector general, US Justice Department and Congress.
“Will the technical review team look at the certification pro
cess, or is it an attempt to get the plane back in the air?” Hall said. “We’ll see.”
Boeing said it would work closely with the new task force.
“We welcome the Joint Authorities Technical Review and look forward to working wi
th the panel,” Paul Bergman, a spokesman for Boeing in Seattle, said in a statement. “Safety is our top priority.”
The preparation work for China’s groundbreaking science and technology innovation board
is in full swing, with more supporting measures in the pipeline and detailed rules to be ann
ounced soon, China’s securities watchdog and the Shanghai bourse said on Wednesday.
“On the whole, related work for the new board has gone rather smoothly. And we will continue to make solid and meticulous pr
eparations to launch this major reform in an effective way,” said Yi Huiman, the newly appointed chairman of
China Securities Regulatory Commission, when convening his first news conference on Wednesday.
President Xi Jinping said in Shanghai in November that China will lau
nch a science and technology innovation board at the Shanghai Stock Exchange, which wi
ll adopt a registration-based system. Draft regulations and rules were released on Jan 30.
Detailed rules of the new board will soon be announced and take effe
ct, after necessary modifications in line with public opinion that was solicited based on
the draft version, said Huang Hongyuan, president of the Shanghai Stock Exchange.
We find it unconscionable that a Party once trusted on the economy, more than any other, is now recklessly marching the country to the cliff edge of no d
eal,” the group said. “No responsible government should knowingly and deliberately inflict the dire consequences of
such a destructive exit on individuals, communities and businesses and put at risk the prospect of ending austerity.”
The MPs also rejected what they say May has presented as a “false binary choice” be
tween a “bad deal” and a “no deal,” slamming her strategy of “running down the clock” to Brexit.
May said in a statement on Wednesday that she was “saddened” by the lawmakers’ decision to quit the party, but
was determined to deliver on Brexit, affirming that it was “the right thing for the country.”
The Independent Group was formed on Monday when seven MPs, including Chuka Umunna, Chris Leslie and Luciana Berger, resi
gned from Labour. An eighth Labour MP, Joan Ryan, joined their ranks on Tuesday evening. The group said v
ariously that they had become ashamed of the Labour party and its shift to the hard-left, denouncing opposition le
ader Jeremy Corbyn’s handling of a wave of anti-Semitism and “betrayal” on Brexit.
mainly on the issue of past abductions of Japanese nationals, and over Pyongyang conduc
ting nuclear and missiles tests which have Japan within their range. Whenever tensions soared on the Korean P
eninsula, Japan took a hard-line stance toward North Korea and proposed to enhance sanctions.
If Washington-Pyongyang ties improve, Tokyo may rethink its policy toward North Korea, participate in
efforts with other East Asian countries to push for peace on the Peninsula and ease geopolitical strains.
After the Pyeongchang Winter Olympics, Tokyo has been marginalized over the Korean Peninsula.
Furthermore, on the abductions issue and North Korea’s nuclear issue, Japan’s right to speak is waning.
If the US’ basic request on North Korea is met, Japan may seek to normalize relations w
ith North Korea. Furthermore, Tokyo may help Pyongyang’s economy later by offering fin
ancial aid and investment. With these moves, Japan may intend to increase its influence on the Peninsula.