hina to issue white paper on China-US economic, trade

 China will issue a white paper about its stance on economic and trade talks with the United States Sunday morning.

The white paper, titled China’s Position on the China-US Economic and Trade Consultat

ions, will be released at 10 am on June 2 by the State Council Information Office, which will also hold a press conference.

China has raised additional tariffs to a maximum 25 percent on part of the $60 billion worth of US pr

oducts, effective June 1, according to a statement by the Customs Tariff Commission of the State Council.

The rates of additional tariffs on some of the products will be increased to 25 percent, 20 percent, and 10 percent, re

spectively. The 5 percent additional tariffs applied to some products remained unchanged.

The move came after the US’ latest tax increase on $200 billion worth of Chinese goods from 10 percent to 25 percent.

 

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President’s Russia visit eyes global stabilitys talks with his

President Xi Jinping’s upcoming visit to Russia reflects close cooperation between China and Russia,

which is important to maintain the stability of the international community amid rising uncertainties, analysts said.

Xi will make a state visit to Russia from June 5 to 7 and attend the 23rd St. Petersburg

International Economic Forum, Foreign Ministry spokesman Lu Kang announced on Wednesday.

The trip is part of the annual exchange of visits between the two countries’

heads of state, after Russian President Vladimir Putin attended the Second Belt and Road Fo

rum for International Cooperation in Beijing in April and had talks with Xi on the sidelines.

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Mainstream will prevail in EU electionsballoon depicting the

Mainstream political groups will continue to dominate in elections to the European Parli

ament this week but probably will lose some seats to nationalist and far-right parties, analysts predict.

“There is no fear for the solidity of the EU-decision-making system”, said Sven Biscop, director of the Euro

pe in the World Program at the Egmont-Royal Institute for International Relations, a think tank based in Brussels.

But he urged “those who favor the European project” to not be complacent, as the rise of

populist and far-right parties has already become a major concern for the EU and its member states.

About 400 million people from the EU’s 28 member countries – includi

ng for now the United Kingdom – are eligible to vote in polls to be held from Ma

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parking lots, they have to park their electric bicycles in corrido

ors that are often crowded with them as well as other items. Should a battery ignite, the fire will spread quickly.

Many owners like to place electric bicycles in the entrances, stair

wells, basements of the buildings they live in so they can charge the batteries overnight, but t

his practice blocks the escape routes, causing the tragic consequences of fires resulting in many deaths.

The results of professional fire tests show that in a relatively enclosed envir

onment, the battery of an electric bike can burn at 1,200 C within three minutes, and the toxi

c gas it produces can spread from the basement of a building to the sixth floor in 10 minutes.

There are regulations forbidding people to park or charge electric bikes in public areas such as sh

ared walkways, stairwells, and emergency exits, yet the ban is often ignored because the electric bik

e riders need the vehicles for transportation and they cannot find any other place to charge them.

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Investment high on Sino-Swiss agendalcoming cerem

China and Switzerland should make joint building of the Belt and Road into a new highlight of bilateral cooperation and firm

ly safeguard economic globalization and trade liberalization, President Xi Jinping said on Monday.

Xi spoke during a meeting with Swiss Confederation President U

eli Maurer, who is to conclude his eight-day state visit to China on Tuesday.

Noting that China’s establishment of a bilateral innovative strategic pa

rtnership in 2016 with Switzerland was the first ever created with another country, Xi said

that China is ready to work with the European country to further strategic cooperation.

Xi also underscored the importance of following a pioneering spirit, recalling that Swiss busines

ses began to explore the Chinese market soon after the country’s reform and opening-up began.

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