China owned port in sri lanka could alter trade routes

WHO spokesman Tarik Jasarevic said new cases would appear as China stepped up monitoring. But Li said there was no evidence of “super-spreaders” capable of disseminating the virus more widely, as happened during the SARS outbreak. SARS was thought to have crossed to humans from civet cats sold for food. … [Read more...] about China coronavirus death toll hits 17, over 470 infected

In other ways, China’s rise comes with its challenges. Back in 450 BC, when the Greek historian Thucydides wrote that “it was the rise of Athens and the fear that this instilled in Sparta that made war inevitable”, he could have been writing about China and the US today. Dominant countries are always insecure about another rising power that could challenge them. The fast growth of China in the first decade of the 21 century was welcome, as it provided cheaper manufacturing locations and efficiently integrated global supply chains. The last decade has changed all that. Its continued dramatic rise has made it an economic giant. Its massive investments in technology and the manner in which it extracted intellectual property from foreign companies has made other countries resentful. Whatever the misgivings, China today is like a superpower in economic, military, nuclear, and most importantly, in its technological strength. … [Read more...] about The roots of the US-China rivalry | Opinion

DAVOS: China will not stop opening up despite many others resorting to protectionism and it is wrong to blame "economic globalisation" for problems of a country, Chinese Vice Premier Han Zheng has said. He also called for building "an inclusive and open world economy" that will "make the pie bigger" for everyone. In a special address at a plenary session here at the WEF 2020, Zheng said China will not follow others towards more protectionism. Blaming the economy's problems on globalisation neither reflects the facts nor provides a solution, he said, while asserting that China intends to continue to work closely with multilateral institutions. He reaffirmed China's commitment to continued global economic integration and multilateral institutions even amid growing international tension. "Despite the protectionist and unilateral moves by some countries, China will not stop opening up. We will not follow in the footsteps of those moving in the opposite direction," he said. He noted … [Read more...] about China won’t follow others towards more protectionism: Vice-Premier Zheng

“The EU is tougher to deal with than anybody. They’ve taken advantage of our country for many years,” Mr. Trump said. “Ultimately, it will be very easy because if we can't make a deal, we'll have to put 25% tariffs on their cars,” he added. … [Read more...] about Donald Trump warns of trade war with EU countries

Sun Xuegong, director of the Institute of Economic Research of the National Development and Reform Commission, said service industries, such as the financial sector as well as other sectors related to high-level consumption demand, are likely to open up gradually in the next stage. … [Read more...] about Opening up wider — China’s choice