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China's Xi announces plans to 'open' China, including lowering tariffs on imported autos

 

  • Chinese President Xi Jinping speaks at the Boao Forum for Asia on Tuesday.
  • He discussed plans to further open up the Chinese economy, including "significantly" lowering import tariffs for autos, decreasing duties on other products, enforcing the legal intellectual property of foreign firms and improving the investment environment for international companies.

 

Chinese President Xi Jinping discussed plans to further open up the Chinese economy during a Tuesday address.

Those measures included "significantly" lowering import tariffs for autos, decreasing duties on other products, enforcing the legal intellectual property of foreign firms and improving the investment environment for international companies.

Xi's address — from the Boao Forum for Asia, an annual summit that's been dubbed the "Asian Davos" — comes amid escalating trade tensions between China and the U.S. as the world's two largest economies take turns announcing punitive trade measures against each other.

 

In his speech, Xi said China will take the initiative to expand imports this year and "work hard" to import products that are required by the population.

"China does not seek trade surplus. We have a genuine desire to increase imports and achieve greater balance of international payments under the current account," Xi said, according to a translation of the speech.

https://www.cnbc.com/2018/04/0...-forum-for-asia.html

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Baseman posted:
Prince posted:
Baseman posted:

What is so telling, not a word of this on the mainstream media today.  It’s all about the porn star.  

Think of it as the story that sells. Americans are infatuated with big breast women and Penthouse bunnies.  

Yea, look at we own Ksazma!

D-G, too. He does watch them juicy melons with his eyes closed.  

FM
Prince posted:
Baseman posted:
Prince posted:
Baseman posted:

What is so telling, not a word of this on the mainstream media today.  It’s all about the porn star.  

Think of it as the story that sells. Americans are infatuated with big breast women and Penthouse bunnies.  

Yea, look at we own Ksazma!

D-G, too. He does watch them juicy melons with his eyes closed.  

Me notice!  

Baseman

The trade war with China is a sticky situation since Trump came to power. China, Canada, Mexico, etc, have been chewing cane and blowing whistle before Trump. Now that these countries are seeing Trump for who he is, they are starting to blinking. Mexico is talking tough to trade with Russia, but that could never materialize in the future billions of America's dollars. Same goes for Canada. Trump will bring them down to their knees. Trump is all about money, and where money is concerned, pay your fair share of trade, protection, etc. 

FM
Baseman posted:
Nehru posted:

Nothing wrong with watching BIG BUBBY women. I am at my calmest when I look at Stormy Coctco size watermelons.

I agree, they are VERY watchable.  Reminds me of my last woman!  Nice BIG juicy Buxton spice, sweeter than any Costco watermelon 🍉!!

Dont you agree?

Well I cannot tell cause I did not taste Stormy Watermelon

Nehru
Prince posted:

The trade war with China is a sticky situation since Trump came to power. China, Canada, Mexico, etc, have been chewing cane and blowing whistle before Trump. Now that these countries are seeing Trump for who he is, they are starting to blinking. Mexico is talking tough to trade with Russia, but that could never materialize in the future billions of America's dollars. Same goes for Canada. Trump will bring them down to their knees. Trump is all about money, and where money is concerned, pay your fair share of trade, protection, etc. 

Listen Banna, the USA is the largest consumer market, $10 trillion.  Apart from the EU, there is no other to match. Dem could talk all dem want, USA is the prize!

Baseman
Baseman posted:
Prince posted:

The trade war with China is a sticky situation since Trump came to power. China, Canada, Mexico, etc, have been chewing cane and blowing whistle before Trump. Now that these countries are seeing Trump for who he is, they are starting to blinking. Mexico is talking tough to trade with Russia, but that could never materialize in the future billions of America's dollars. Same goes for Canada. Trump will bring them down to their knees. Trump is all about money, and where money is concerned, pay your fair share of trade, protection, etc. 

Listen Banna, the USA is the largest consumer market, $10 trillion.  Apart from the EU, there is no other to match. Dem could talk all dem want, USA is the prize!

I am not disagreeing with you. I am taking in the "banna" talk like it come from G/T. 

FM

Both the US and China needs each other commodities to different extent, this is a game of chicken to see who would give way first. Bottom line, the Chinese needs the US more than the other way around. Trump is in his lowest approval rating ever and dosnt give a shit, the Chinese is smart enough to figure Trump has nothing to lose and would be cautious to call his 'bluff'. That said, I would bet the Chinese would be first to give way...

sachin_05
sachin_05 posted:

Both the US and China needs each other commodities to different extent, this is a game of chicken to see who would give way first. Bottom line, the Chinese needs the US more than the other way around. Trump is in his lowest approval rating ever and dosnt give a shit, the Chinese is smart enough to figure Trump has nothing to lose and would be cautious to call his 'bluff'. That said, I would bet the Chinese would be first to give way...

What is Trump ratings have to do the topic? You start off nice and become sour suddenly. Some of you can't help all you self. 

 

FM

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