Sunday, 20 January, 2019


China says Xi-Trump phone call ‘extremely positive’

President Donald Trump speaks during a campaign rally in Estero Florida U.S. President Donald Trump speaks during a campaign rally in Estero Florida U.S
Conrad Doyle | 03 November, 2018, 23:48

"If a Trump-Xi deal at the G20 Summit can set the broad framework for renewed bilateral trade negotiations, it may help the global trading system avert the abyss of an escalating US-China trade war in 2019", said Rajiv Biswas, Asia Pacific chief economist at IHS Markit in Singapore. As reported by our site with reference to Voice of America, this statement was made by the President during a conference at the White house.

Foreign ministry officials in Beijing said Xi had and "extremely positive" phone conversation with Trump about trade and other issues.

"We'll make a deal with China, and I think it will be a very fair deal for everybody", Trump said before boarding the Marine One helicopter on his way to a campaign rally in West Virginia.

"We're doing a normal, routine run-through of things we already put together and normal preparation", Kudlow said on CNBC Friday.

Gains were also fuelled by Chinese president Xi Jinping's promise to support private investment on Thursday.

Chinese tech stocks traded in the USA are surging Thursday after President Donald Trump said he had a good trade talk with Chinese President Xi Jinping.

Trump has imposed penalty tariffs of up to 25 per cent on $250 billion of Chinese goods in a dispute over Beijing's plans for state-led development of technology industries. Trump's comments came a day after a phone call with Xi that he described as "very good.".

However, the remarks come just hours after Trump's senior economic adviser Larry Kudlow said that the United States was "not on the cusp of a deal".

Lu Xiang, a specialist on U.S. affairs at the Chinese Academy of Social Sciences, said that Beijing had been preparing for a "worse than the worst" confrontation with the United States, and added that any further escalation would be fatal to an already highly volatile USA stock market.

"The issues driving the China-US trade tensions are complicated and contentious, which makes it incredibly hard to believe that substantive progress was made during this phone call", Boltansky said. 'But we have a chance to make a fair deal, because China has been hurting us and trade deals have been hurting us.

Trump intends to negotiate with China.

US President Donald Trump and Chinese President Xi Jinping have expressed optimism about resolving their bitter trade disputes ahead of a high-stakes meeting planned for the two leaders at the end of November in Argentia.

"At best, the parties are negotiating about negotiating and we are still miles from a deal", Boltansky said.

Although U.S. -China relations have been rocky, Keqiang said he is optimistic both nations can work together in the spirit of mutual respect.

"As the president said, we would like to talk to them about it, but they may not be ready".

Recommended

loading...
...
  • US accuses China, Taiwan firms with stealing secrets from chip giant Micron

    US accuses China, Taiwan firms with stealing secrets from chip giant Micron

    The team is composed of a senior FBI Executive, five U.S. attorneys, several other Department of Justice leaders and officials. The administration has characterized China, along with Russian Federation , as a strategic competitor of the United States.
    President Trump sends thousands of troops to the Mexican border

    President Trump sends thousands of troops to the Mexican border

    Donald Trump says he is finalising a plan to force migrants to present themselves at a legal port of entry to get into the US. While the migrant caravan making its way north may have dwindled somewhat in numbers, more groups are coming along behind.
    Gunmen kill seven on bus bound for Egyptian monastery: archbishop

    Gunmen kill seven on bus bound for Egyptian monastery: archbishop

    Egypt's Copts have in the past accused the authorities of making only token gestures to protect them from such attacks. Egypt's government imposed a countrywide three-month state of emergency after the April 2017 church bombings.
  • Judge rules against Kemp over voters misidentified as noncitizens

    Judge rules against Kemp over voters misidentified as noncitizens

    As noted by LifeNews , Abrams is an avid abortion supporter and has pledged to oppose all pro-life measures in the state. Nobody even asked me to come here. "I have earned the right to think for myself and to vote for myself".

    Ariana Grande shades Pete Davidson over joke about their failed engagement

    Our second source points out that Grande has addressed the split publicly so it's only fair that Davidson does the same. In a teaser for this week's episode with host Jonah Hill , Davidson jokingly proposed to musical guest Maggie Rogers .
    'Gladiator' Sequel Moving Forward With Ridley Scott Directing

    'Gladiator' Sequel Moving Forward With Ridley Scott Directing

    Gladiator had won five Oscars at the 2001 Academy Awards, including Best Picture and Best Actor for Crowe. Ridley Scott is moving ahead with a sequel to critical and commercial blockbuster " Gladiator ".
  • WWE Crown Jewel: Lesnar wins Universal title as Michaels makes triumphant return

    WWE Crown Jewel: Lesnar wins Universal title as Michaels makes triumphant return

    John Cena and Daniel Bryan have been pulled from the lineup, and Hulk Hogan is now advertised and will reportedly host the show. Eight superstars from RAW and Smackdown Live will battle it out for the World Cup glory in a knockout format.
    NASA retires planet hunting telescope

    NASA retires planet hunting telescope

    Now that it's out of fuel, NASA chose to officially retire the spacecraft, letting it float in a safe orbit far from Earth. The distinction helped scientists zero in on potential Earth-like planets and better the odds for finding life.
    4 reasons no National Basketball Association  team should trade for J.R. Smith

    4 reasons no National Basketball Association team should trade for J.R. Smith

    He is a career 37.3 percent 3-point shooter and ranks 12th in National Basketball Association history with 1,917 3-pointers made. Moves could've been made to prevent this situation, but of course we're in this situation now, so, it is what it is".
  • Sensor failure led to Soyuz launch failure, says Roscosmos

    Sensor failure led to Soyuz launch failure, says Roscosmos

    More recently, Russia's space program has been dogged by a string of failed satellite launches involving unmanned vehicles. Krikalyov added that the astronauts now on the ISS are expected to land on Earth "around December 20".
    Chinese, Pakistan leaders prepare to meet amid debt concerns

    Chinese, Pakistan leaders prepare to meet amid debt concerns

    Mr Khan's trip to China comes amid unrest at home over the acquittal of a Pakistani Christian woman on death row for blasphemy. It is also seeking fresh loans from Saudi Arabia and China, discussion of which is expected to dominate Khan's visit.

    Khashoggi’s Body ‘Dissolved’ After Murder, Erdogan Aide Says

    First came the insistence that the country had nothing to do with the disappearance of one of its high-profile critics. It later admitted he had been murdered, saying the killing was premeditated and a result of a "rogue operation".

November 2018 - Chinese-style digital authoritarianism grows globally: study - News - SHOWCASE - Tech November 2018 - Chinese-style digital authoritarianism grows globally: study - News - SHOWCASE - Tech The report also warned that democratic societies are vulnerable to infiltration by more authoritarian regimes, via the internet . Meanwhile, the Internet Shutdown Tracker data shows that 259 incidents were reported from 2012 till October 2018 in India.

DECISION 2018: Early Voting Shows Republicans Out Voting Democrats DECISION 2018: Early Voting Shows Republicans Out Voting Democrats As of late Wednesday, McDonald's United States Elections Project estimates that 25.5 million Americans had cast early votes . Senate battle between Republican incumbent Ted Cruz and Democratic challenger Beto O'Rourke .

The Oprah effect? Dem candidate gets star power in Georgia governor race The Oprah effect? Dem candidate gets star power in Georgia governor race Kemp is now scheduled to appear at a rally with President Trump at Middle Georgia Regional Airport in Macon at 4 p.m. Though sometimes mentioned as a 2020 presidential candidate, Winfrey has demurred on her intentions.

FP’s Guide to the Bolsonaro Presidency FP’s Guide to the Bolsonaro Presidency However, his praise of Brazil's former dictatorship and his comments on race, women and homosexuality have raised concern. But investors said further gains will hinge on clearer signs he will deliver on a market-friendly agenda.

Indonesia expands search for plane crash victims Indonesia expands search for plane crash victims He said: "To all Indonesian people, we are saddened and offer condolences but give us time to investigate why the plane crashed". The spokesperson for Indonesia's search and rescue agency, Yusuf Latif, has not confirmed the discovery of the black box.

Overwatch's new hero is Ashe, gunslinger and leader of the Deadlock gang Overwatch's new hero is Ashe, gunslinger and leader of the Deadlock gang Blizzard showed a new Overwatch animated short at BlizzCon 2018 called Reunion starring McCree. You can also use aim-down sights to deal additional damage with more precision.

Shah Rukh Khan greets fans outside Mannat on his 53rd birthday Shah Rukh Khan greets fans outside Mannat on his 53rd birthday With Shah Rukh in the film, it is quite obvious that the female leads must have taken some advice and learnt something from him. Shah Rukh came outside for a few minutes to thank his enthusiastic fans and greeted them with folded hands.

Turkey's Erdogan says Khashoggi killing ordered at Saudi 'highest levels' Turkey's Erdogan says Khashoggi killing ordered at Saudi 'highest levels' We also know that those individuals came to carry out their orders: "Kill Khashoggi and leave", he wrote. Hatice Cengiz, Khashoggi's fiancee, on Friday pleaded for the remains to be returned for proper burial.

What No. 5 CFB Playoff ranking means for Wolverines What No. 5 CFB Playoff ranking means for Wolverines Can a conference send two teams to the playoff? No team ranked third in the first CFP rankings has ever made the playoff. That changes Thursday when the Knights host 5-3 Temple, and UCF closes its season against 7-1 Cincinnati and 7-1 USF.

Crude oil futures fall 0.31 per cent on weak global cues Crude oil futures fall 0.31 per cent on weak global cues The market could get some clarity next week, when sanctions on Iran's energy industry go back into full force. At the same time, forecasters now think oil consumption growth will be weaker than previously anticipated.

Niners and Raiders Fans Brawl During Thursday Night Blowout Niners and Raiders Fans Brawl During Thursday Night Blowout While he's clearly optimistic about the future of the franchise, fans are destroying Gruden for ignoring the current issues within the organization.

Diablo amiibo Arrives In December 2018 Diablo amiibo Arrives In December 2018 The team says the game is only coming to iOS and Android for now, and it's doubling down on the choice to keep this game mobile. Diablo Immortal is being developed by Blizzard in collaboration with NetEase, the studio behind PUBG clone Rules of Survival.

Saint Mark's Square Underwater After Flooding in Venice Saint Mark's Square Underwater After Flooding in Venice Authorities said today that a woman died when her home was engulfed by a mudslide and rocks in the northern region of Trentino. The other fatalities occurred in Naples, Liguria and Lazio.

Alec Baldwin arrested after allegedly throwing punch in NY parking dispute Alec Baldwin arrested after allegedly throwing punch in NY  parking dispute Baldwin allegedly punched someone in an altercation over a parking spot, law enforcement sources told the outlet. Last year, the actor bought another apartment on the building's 12th floor, shelling out 1.3 million dollars.

Samsung reveals new 48MP and 32MP ISOCELL smartphone camera sensors Samsung reveals new 48MP and 32MP ISOCELL smartphone camera sensors AndroidPIT will be there and we'll likely find out more about Samsung's 2019 smartphone lineup at the event. USA pricing hasn't yet been confirmed, but this phone sells for about $90 in other markets.