Sunday January 20, 2019
Home Uncategorized 80 % of wealt...

80 % of wealth is controlled by 20 % of population

0
//

THE timeline of human history going back thousands of years is packed with people who were geniuses. Two thousand years ago, Hero of Alexandria designed and built the first recorded steam engine from which all propulsion devices from the internal combustion engine to jet engines is based. Hero also invented the vending machine, where a coin placed…

Next Story

China’s Liu He To Travel To United States, Aims To Resolve Ongoing Trade War

The United States has long complained about access to the vast Chinese market and Beijing's demands U.S. companies reveal their technology advances.

0
U.S. Commerce Secretary Wilbur Ross, left, chats with Chinese Vice Premier Liu He during a photograph session after their meeting at the Diaoyutai State Guesthouse in Beijing, China, June 3, 2018. (VOA)

China’s economic czar, Vice Premier Liu He, will travel to the United States later this month for the second round of negotiations aimed at resolving the ongoing trade war between the global economic giants.

Commerce Ministry spokesman Gao Feng told reporters in Beijing Thursday that Liu will visit Washington on January 30-31. He was invited by U.S. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer.

U.S. negotiators were optimistic after the first round of talks in Beijing last week that the two sides would be able to resolve tariff disputes that have upset global markets.

USA, Trump
Flags fly in front of the U.S. Capitol in Washington, Jan. 1, 2019. VOA

The trade talks are the result of an agreement last month between President Trump and Chinese President Xi Jinping to stop the tit-for-tat tariff conflict between the two countries for 90 days starting on New Year’s Day.

Also Read: U.S. To Roll Out New Strategy For Space Based Missile Defense

The United States has long complained about access to the vast Chinese market and Beijing’s demands U.S. companies reveal their technology advances.

If no deal is reached by March 2, U.S. tariffs on $200 billion Chinese goods will rise from 10 percent to 25 percent. (VOA)