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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.

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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.

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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.

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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)

Next Story

World Class Zoo Worth Rs 500 Cr to Come Up in Mumbai

The proposed site in Aarey Milk Colony was inspected by a CZA team in 2014 which recently gave its clearance

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World, Zoo, Mumbai
The zoo, estimated to cost around Rs 500 crore. Pixabay

An ultra-modern zoo of global standards, spread across 100 acres, is expected to come up in the lush green environs in the suburban Goregaon in Maharashtra, officials said here on Wednesday.

The zoo, estimated to cost around Rs 500 crore, will have a host of unseen wild animals, trails and jungle safaris, nature education centre, a separate breeding centre and other facilities as per guidelines of Central Zoo Authority (CZA).

The proposed site in Aarey Milk Colony was inspected by a CZA team in 2014 which recently gave its clearance, and the new zoo will be virtually adjacent to two tourism centres like the famed Film City and nearby the Sanjay Gandhi National Park (SGNP).

On Wednesday, a memorandum of understanding was signed between Maharashtra Forest Department and BrihanMumbai Municipal Corporation (BMC) whereby 100 acres of the 190-acre government land will be given for setting up the zoo.

World, Zoo, Mumbai
An ultra-modern zoo of global standards, spread across 100 acres, is expected to come up in the lush green environs in the suburban Goregaon in Maharashtra. Pixabay

The BMC will soon appoint a project management consultant and prepare a comprehensive master plan for the zoo which will be executed from its own resources. However, the net revenues shall be shared by the civic body and the forest department.

The MoU documents were signed and exchanged in the presence of Shiv Sena President Uddhav Thackeray and Forest Minister Sudhir Mungantiwar.

As per the MoU, the forest department will provide technical expertise in procuring various animals for the zoo and other facilities which would showcase the rich biodiversity of the state and the country.

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Since there is no space to expand the existing 50-acre zoo in Byculla, an alternative site inside the Aarey Milk Colony was explored. (IANS)