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Tag: chinese president xi jinping

China says it has never intentionally pursued trade surplus with US

Canada Global (Web News) Despite indications that China is continuing to reduce its reliance on American goods, Shu Jueting, a spokesperson for the commerce ministry, claimed on Thursday that China has never purposefully sought a trade surplus with the United States.

According to a new research from the Peterson Institute for International Economics, although American export statistics released on February 7 shows that shipments to China climbed by $2.4 billion for the year to set a “record high” of $153.8 billion in 2022, that is a “empty assertion” (PIIE). It notes that the main cause of this figure is inflation.

In response to a question about whether Chinese officials should be concerned that China’s growing trade surplus with the US will stymie efforts to lower US tariffs on Chinese goods, Shu said the US should “lift trade restrictions on Chinese enterprises as soon as possible.”

She stated that this was required to “create the conditions for firms on both sides to improve trade cooperation and reduce the trade deficit through conversation.”

In 2022, the goods trade deficit with China increased by $29.4 billion to $382.9 billion.

“Based on market demand, Chinese firms import a considerable amount of agricultural items, autos, research and technology, energy, and petrochemical products,” Shu noted, stating that “China’s exports have decreased inflation in the US.”

Newly revealed data from 2022, according to PIIE researchers, “suggest that US exports are lagging behind their overseas peers selling into the Chinese market by an increasing margin.”

Since the US-China Phase One Trade Agreement expires at the end of 2021, trade tensions between the two countries have been boiling.

March 23, 2023
Saudi King invites Chinese president to visit Kingdom

Canada Global (Web News) To attend the Saudi-Chinese meeting, which was held in Saudi Arabia from December 7 to 9, King Salman welcomed President of China Xi Jinping for an official visit, according to state news agency SPA on Tuesday.

King Salman and Crown Prince Mohammad bin Salman will preside over the summit. The relationship between the Arab states and members of the Gulf Cooperation Council with the People’s Republic of China will be examined.

Discussions are anticipated to centre on enhancing shared collaboration in development and the economy.

December 6, 2022
Biden and Macron discuss Ukraine, climate change, and China

Canada Global (Web News) Presidents Joe Biden and Emmanuel Macron met for the main talks of a pompous French state visit on Thursday. The two leaders were eager to discuss the conflict in the Ukraine, worries about China’s growing assertiveness in the Indo-Pacific, and European dismay over some aspects of Biden’s landmark climate law.
On Thursday night, Biden will host the first state dinner of his presidency in honour of Macron, but first the two presidents had a meeting in the Oval Office to discuss the challenging difficulties they each face.
Priority one on the agenda is the nine-month-old war in Ukraine, where Biden and Macron are up against opposition as they work to maintain US and European unanimity to continue providing economic and military aid to Kyiv as it seeks to fend off the Russian invasion.

At a welcome ceremony, Biden stated, “The decisions we make now and in the years to come will shape the direction of our planet for decades to come.”
At the beginning of the face-to-face discussion, Macron acknowledged the “difficult circumstances” in Ukraine and urged the two countries to “synchronise our activities” on climate change more effectively.

Shortly after the ceremony, which featured a 21-gun salute and a review of the troops, hundreds of people gathered on the South Lawn for the celebration. The guests gathered to watch Biden and Macron begin the state visit were given little American and French flags by ushers.

Officials from the Biden administration have argued that the measure significantly aids the US in achieving international goals to slow climate change.
In a speech at a meeting earlier this month in Bangkok, Macron caused controversy by referring to the US and China as “two giant elephants” that are on the verge of posing “a big problem for the rest of the jungle.”

His trip to Washington also comes at a time when the US and France are closely monitoring China in the wake of last weekend’s protests in numerous Chinese cities, including Hong Kong, over Beijing’s “zero COVID” policy.

December 1, 2022
In the Xi meeting, Biden seeks to establish a “floor” for US-China relations.

Canada Global (Web News) When he meets Xi Jinping next week, US President Joe Biden aims to establish principles for competing with China, but he will be open about US concerns, such as those about Taiwan and human rights, a senior administration source said.

The official told reporters in a call about the discussion that “the president believes it is necessary to set a floor for the relationship and ensure that there are rules of the road that bound our rivalry.”

The White House announced that Biden will speak with Xi, the president of China, on Monday outside of a summit of the Group of 20 countries in Indonesia. This will be their first in-person encounter since Biden took office as president in January 2021.

Relations between the US and China have been tense, particularly since US House Speaker Nancy Pelosi’s visit to Taiwan in August. Beijing claims Taiwan as its territory.

China, the second-largest economy in the world after the United States, is Washington’s principal geopolitical adversary. Despite difficulties over Taiwan, the South China Sea, trade, and a number of other issues, the United States wants to have stable relations with Beijing.

A meeting where no concrete agreements are anticipated won’t result in an unified statement, according to a senior administration official.

The official stated, “I anticipate the president will be open and honest about a number of our issues, including PRC (People’s Republic of China) action that imperils stability and peace across the Taiwan Strait, as well as our long-standing worries about human rights violations.

The person stated that North Korea and Russia’s conflict in Ukraine will certainly be mentioned.

November 10, 2022
Threats to national security have increased, the army is ready for war, the Chinese president

Canada Global Tv (Web News) Threats to national security have increased

Chinese President Xi Jinping has recently assumed the command of the army for the third time as the president.
Chinese President Xi Jinping has said that China’s national security is becoming unstable and the military must be ready

Energies to enhance their capabilities and be ready to fight and win. Xi Jinping recently took command of the military for a record third term as president.

69-year-old Xi Jinping is the ruling Communist Party of China. Party General Secretary and Chairman of China’s Central Military Commission, he has now become the High Command of China’s People’s Liberation Army.

Xi Jinping now heads three powerful positions in China: Party Chairman, Army Chief and President. After Mao Zedong, the founder of the Communist Party, Xi is the only leader to remain in power despite a 10-year term.

Xi heads the CMC’s Joint Operations Command, which provides strategic support to the Central Committee of the CPC and the CMC. Addressing his two million troops recently after being elected for a third term, Xi said the world is changing rapidly and China’s national security is very strong.

increasingly unstable and uncertain. Xi told his troops to focus on preparing for war.

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November 10, 2022