See More on Facebook

News

Xi’s envoy, Trump trade team to meet

Some see promise in Washington’s talk of easing sanctions on Chinese phone company ZTE.


Written by

Updated: May 15, 2018

Vice-Premier Liu He will visit the United States as President Xi Jinping’s special envoy from Tuesday to Saturday for economic and trade talks, the Ministry of Foreign Affairs said on Monday.

Liu will lead a delegation in talks with the US team headed by Treasury Secretary Steven Mnuchin at the invitation of the US administration, said Lu Kang, the ministry’s spokesman.

These will follow high-level meetings in Beijing on May 3 and 4. Both sides are expected to continue discussing issues like expansion of US exports to China, trade in services, two-way investment, the protection of intellectual property rights and the resolution of tariff and non-tariff measures, said Tu Xinquan, a trade professor at the University of International Business and Economics in Beijing.

US President Donald Trump said on Sunday he has instructed the Commerce Department to help China’s ZTE Corp get back to business, and Lu said China appreciates the latest positive comment on ZTE. He said China has maintained close communication with the US.

ZTE, a major telecom equipment manufacturer, said last week it would suspend major operations following last month’s move by Washington to ban US companies from selling certain computer chips to the Chinese company until 2025.

The US has accused ZTE of violating laws by illegally shipping US goods to Iran and breaching a deal reached last year. ZTE has appealed.

ZTE says the ban would “severely impact the survival and development” of the company, which depends on US companies to supply about a quarter of its technology components.

“I see this as a positive step and hope it will create a better atmosphere for the ongoing discussions between the two countries,” said Henry Levine, a former US deputy assistant secretary of commerce. “I hope Beijing can respond with a positive step of its own and hope that both Beijing and Washington can begin a … process where each takes positive steps and the other one responds with its own positive steps,” he said.

Eswar Prasad, a senior fellow at the Brookings Institution and a former China division chief at the International Monetary Fund, said the move of the Trump administration sets the stage for a temporary de-escalation of trade tensions between the two countries.

“It bodes well for the upcoming visit by Liu He to Washington and suggests that an agreement can be reached that allows both sides to claim at least a partial victory,” he said.



Enjoyed this story? Share it.


China Daily
About the Author: China Daily covers domestic and world news through nine print editions and digital media worldwide.

Eastern Briefings

All you need to know about Asia


Our Eastern Briefings Newsletter presents curated stories from 22 Asian newspapers from South, Southeast and Northeast Asia.

Sign up and stay updated with the latest news.



By providing us with your email address, you agree to our Privacy Policy and Terms of Service.

View Today's Newsletter Here

News

India’s cyber legislation is part of a worrying trend

International technology firms face sweeping new regulations in India that have the potential to create major shifts in the country’s cyber landscape. The new pieces of legislation were proposed as 2018 came to a close and require technology companies like Facebook and Google to store user data locally, and would also require these companies to police content and remove material the government of India deems unlawful.  Such content would include messages that threaten the “sovereignty and integrity of India.” The rules requires these companies to take action on such messages within a 24 hour period. Such regulations that require companies to monitor content isn’t unique to India. Vietnam has recently passed similar laws, with similar potential consequences. New rules also mandate that companies reveal the origin of particular messages when that information is requested. If that section of t


By Quinn Libson
January 17, 2019

News

What does Vietnam’s new cyber law mean for online dissent?

Will Facebook kowtow to the Vietnamese government to keep its market share. Facebook is in violation of a Vietnamese new cybersecurity law by allowing its users to post content critical of the communist government on its platform, the Ministry of Information and Communication announced on Wednesday of last week. The news came just days after the law went into effect on Jan. 1. The new legislation requires internet companies to comply with government demands to remove user-posted material it doesn’t like. The law also stipulates that information technology companies—Facebook and Google for instance—may be required to set up local offices and store customer data domestically, a feature which human rights advocates worry might make it easier for the government to track and charge dissidents for their online activities. This new legislation follows a pattern of increasing digital scrutiny by th


By Quinn Libson
January 15, 2019

News

2019 is a year for major Chinese anniversaries

President Xi Jinping delivered a major speech on Wednesday on Taiwan, one of the hottest button issues for the country. The speech took place to acknowledge the 40th anniversary of a the “Message to Compatriots in Taiwan,” a crucial policy statement issued on Jan. 1, 1979 by the National People’s Congress that helped lead to a rapprochement between Mainland China and Taiwan. Xi’s speech sent a stern warning to those that advocate for Taiwan’s independence, including Taiwan President Tsai Ing-wen, who is up for re-election in January 2020, and her supporters. “It is a historical and legal fact, that Taiwan is part of China and the two sides across Taiwan Straits belong to one and the same China, can never be altered


By Quinn Libson
January 8, 2019

News

Preview: A year of elections for Southeast Asia

Southeast Asia will have a busy political calendar in 2019 with voters in Thailand, Indonesia and the Philippines heading to the polls within the year. Thailand In December, Thailand lifted its ban on political activity that has been in place for the past four years as the kingdom prepares for a general election on Feb 24—the country’s first in eight years. The last election the country attempted, in 2014, was sabotaged by anti-government protesters acted to prevent the Pheu Thai Party and its head Yingluck Shinawatra from returning to power. Pheu Thai went on to be ousted by a coup led by then-army chief General Prayut Chan-o-cha and has spent the last five years under military rule. Since then, the military junta has rewritten the Thai Constitution in a wa


By Quinn Libson
January 7, 2019

News

Ghosn charged with falsifying reports

Ghosn and an associated remain in jail on charges of tax avoidance and falsifying reports. Carlos Ghosn, former chairman of Nissan Motor Co., his aide Greg Kelly, former representative director of Nissan, and the automaker itself were charged on Monday with falsifying the firm’s securities reports. Also on Monday, Ghosn, 64, and Kelly, 62, were rearrested by the special investigation squad of the Tokyo District Public Prosecutors Office on suspicion of underreporting more of Ghosn’s income. Ghosn and Kelly were initially arrested on Nov. 19 on suspicion of violating the law by allegedly conspiring to underreport Ghosn’s executive remuneration in the company’s securities reports by a total of about ¥5 billion from the business year ending March 2011 to that ending March 2015. Prosecutors believe the actual amount of his pay was about ¥10 billion. The pair denied the allegations during qu


By The Japan News
December 11, 2018

News

Air crash investigation could take up to six months

Preliminary report to be out in about a month, as search for black boxes continues. Indonesia’s National Transportation Safety Committee (KNKT) said its probe into the crash of Lion Air Flight JT610 may take up to six months, as the search for the black box flight recorders continued into its third day yesterday. A preliminary report of the investigations, however, will be released in about a month, said KNKT chief Soerjanto Tjahjono. A complete study may take up to six months, he added. Dr Soerjanto’s comments yesterday came amid widespread anticipation that divers might have recovered a black box from the ill-fated flight, after news broke that a part of the fuselage was found in the search area earlier in the day. Indonesian Armed Forces chief Hadi Tjahjanto had said a large object, suspected to be a key part of the Boeing 737 Max 8 jet that crashed


By The Straits Times
November 1, 2018