Xi Jinping

China Caved! Xi to lower tariffs on imported autos after Trump’s tariffs threat

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Chinese President Xi Jinping and U.S. President Donald Trump attend a welcoming ceremony November 9, 2017 in Beijing, China.

 

  • Trump is taking Beijing to task over China’s large trade deficit with the U.S., which Washington says is in part due to unfair trade practices.

 

( CNBC ) Chinese President Xi Jinping announced plans on Tuesday to open up the Chinese economy, including lowering tariffs for autos and other products and enforcing the legal intellectual property of foreign firms.

Xi’s comments come amid escalating trade tensions between China and the U.S. as the world’s two largest economies take turns announcing punitive trade measures against each other.

The World Trade Organization said Tuesday that China filed a complaint challenging President Donald Trump’s tariffs on imported steel and aluminum. It said China has requested 60 days of consultations with the United States on the steel and aluminum dispute. If that fails, Beijing could request a ruling from a panel of trade experts, The Associated Press reported.

In a speech at the Boao Forum for Asia, an annual summit that’s been dubbed the “Asian Davos,” Xi said China will take the initiative to expand imports this year and “work hard” to import products that are required by the population.

“China does not seek [a] trade surplus. We have a genuine desire to increase imports and achieve greater balance of international payments under the current account,” Xi said, according to a translation of the speech.

Beyond that, he described China as a country upon which other nations had imposed unfair trade penalties: “We hope developed countries will stop imposing restrictions on normal and reasonable trade of high-tech products and relax export controls on such trade with China,” he said, not naming any specific country.

Trump is taking Beijing to task over China’s large trade deficit with the U.S., which Washington says is in part due to unfair trade practices.

Last week, Trump asked U.S. trade officials to consider another $100 billion in tariffs on Chinese goods. China’s commerce ministry, for its part, said it would “fight back with a major response” if provoked.

Earlier in the year, the U.S. imposed tariffs on solar panels and steel and aluminum imports.

China, in turn, implemented additional tariffs on 128 U.S. products, including fruit and pork, in response to the Trump administration’s decision to impose duties on steel and aluminum. It also announced extra tariffs on 106 U.S. products last week, although no start date was given for those measures.

Trump said in a tweet on Sunday that China will remove trade barriers because that was the “right thing to do.” The president also expressed optimism that the countries would strike a deal on intellectual.

 

Read more: https://www.cnbc.com/2018/04/09/chinese-president-xi-jinping-speaks-at-boao-forum-for-asia.html

 

 

CHINA CONSTITUTION OKs XI JINPING PRESIDENT FOR LIFE…EMPEROR OR DICTATOR?

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China‘s rubber-stamp lawmakers have passed a historic constitutional amendment that abolishes term limits and will enable President Xi Jinping to rule indefinitely.

The National People’s Congress’ nearly 3,000 hand-picked delegates endorsed the constitutional amendment on Sunday, voting 2,958 in favour with two opposed, three abstaining and one vote invalidated.

The move reverses the era of ‘collective’ leadership and orderly succession that was promoted by form Deng Xiaoping to ensure stability following the turbulent one-man rule of Communist China’s founder Mao Zedong.

Delegates of the National People’s Congress applauded after each vote on the constitutional amendment to lift the limit of two five-year terms for the presidency.

At the same time, he gained a measure of popularity among Chinese people through a relentless crackdown on corruption that has punished more than a million party officials, and sidelined potential rivals.

‘I think that during the past five years, he has been carrying out a soft coup, including making the Politburo a mere figurehead,’ Chinese political commentator Wu Qiang said, referring to the 25-member Communist Party body one level under the ruling council.

‘He wants to prevent power from falling into the hands of technocrats like Jiang (Zemin) and Hu (Jintao),’ Wu said, referring to Xi’s two predecessors.

While attention has focused on the term limits, the amendments also include major provisions that will engrave Xi’s eponymous political mantra in the constitution and hand the Communist Party an even larger role in the country’s affairs.

 

Read more: Chinese lawmakers rubber-stamp change to their constitution to allow President Xi Jinping to rule for life by 2,958 votes to two

PHOTOS: MELANIA TRUMP AND IVANKA KUSHNER JOIN TRUMP MEETING WITH CHINESE PRESIDENT XI JINPING AND WIFE PENG LIYUAN AT MAR-A-LAGO

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President Donald Trump and first lady Melania Trump stood at the doors of the president's Mar-a-Lago resort to officially welcome Chinese President Xi Jinping and his wife, Peng Liyuan

 

( Daily Mail ) United States President Donald Trump and Chinese President Xi Jinping have arrived in Palm Beach for two days of talks.

The leaders arrived separately on Thursday and will not see each other until early this evening, when they’ll meet for the first time at a dinner that will also be attended by their wives.

Xi was greeted at the tarmac in Florida, where a red carpet was stretched out for his arrival, by Secretary of State Rex Tillerson.

Trump touched down just before 3pm.

Speaking to reporters who traveled with him on Air Force One from Washington, Trump was optimistic about the coming conversations. ‘I think China will be stepping up,’ he said of the pressure he expects the country to put on North Korea.

Read more: The year of The Donald! President Trump greets Chinese leader and his wife at Mar-a-Lago as Melania dons a stunning red dress ahead of dinner at start of two-day summit in Palm Beach 

 

 

 

 

 

 

Ivanka and her family are also in Florida for the weekend, flying down on Air Force One as well

 

 

 

Melania and Donald Trump walk from Air Force One to the president's motorcade

 

 

 

 

 

 

 

 

 

This marks their first ever meeting since Trump became president. While laborers and Democratic lawmakers are urging Trump to bring up touchy subjects like currency manipulation and trade, his aides are tempering expectations

 

 

 

Their summit brings together two leaders who could not seem more different: the often stormy Trump, prone to angry tweets, and Xi, outwardly calm, measured and tightly scripted

 

 

Both men wore dark suits, while the American first lady sported a red tea-length dress, paired with a floral print heel. Her Chinese counterpart wore a traditional qipao-inspired blue dress with black shoes

 

 

 

Trump said he wants to raise concerns about China's trade practices and urge Xi to do more to rein in North Korea's nuclear ambitions in the talks, though no major deals on either issue were expected

 

 

 

Pictured, Melania in a striking red tea-length dress just one day after she welcomed the King and Queen of Jordan at the White House

 

 

 

Trump greets Chinese leader and his wife at Mar-a-Lago

CHINA HUMILIATED OBAMA, ROLLS OUT RED CARPET FOR PUTIN AT G20 SUMMIT WHO GAVE RUSSIAN ICE CREAM TO PRES. XI JINPING- CHINESE LEADER’S FAVORITE ICE CREAM.

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Photo published for China rolls out red carpet for Vladimir Putin at G20. Obama forced to exit Air Force One from...

 

While China humiliated Obama at G20 summit from the minute they forced him to exit from ‘ass’ of Air Force One, Russia’s President Vladimir Putin in the meantime received a friendly red carpet treatment from Chinese leader Xi Jinping. In return, Putin brought a box of Russian ice-cream as a gift to Chinese leader, a big fan of Russian ice-cream.

“I promised you I’d bring some ice-cream,” Putin said. “I’ve brought for you a box of it as a gift.”

“Thank you very much for the gift, for the tasty ice-cream. In my every trip to Russia I always ask to buy Russian ice-cream. And then, at home, we eat it,” the Chinese leader said.

“You have the best cream, and it makes it so tasty. I like it very much. Thank you for this courtesy,” he added.