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China to further reduce tariffs and remove non-tariff barriers for foreign investors: Xinhua

Published 10/19/2019, 06:09 AM
Updated 10/19/2019, 06:11 AM
China to further reduce tariffs and remove non-tariff barriers for foreign investors: Xinhua

SHANGHAI (Reuters) - Chinese Vice Premier Han Zheng vowed to further reduce tariffs and remove non-tariff barriers for global investors, official Xinhua News Agency reported on Saturday.

Han welcomed multinational companies to invest more in China, saying the country will only open its door wider and wider, according to Xinhua.

Han made the remarks at a summit for multinational companies in China's eastern city of Qingdao, Xinhua said.

In a separate event on Saturday, Chinese Vice Premier Liu He said China will work with the United States to address each other's core concerns on the basis of equality and mutual respect, and that stopping the trade war would be good for both sides and the world.

Latest comments

Trump is winning, each phase gets the real issues more and isolated...
Trump is losing, because he play Cowboy too much, now he has little room to run. If China don't sign a deal, we will hear the loudest China Roar of the year and markets worldwide will retreat into recession. So Trump has no chouce but to work out a deal soon.
IMO there will never be a real and signed upon deal between China and the US because the Chinese are too vain and too concerned about the national ego. China is all about brainwashing its citizens for using them as weaponized people to influence geographical areas of interest (like HKG or Canada). It would be counter-productive for China to bind themselves to any agreement. All that's gonna happen is China making adjustments to its policies until they get to a level they can't go any further for a while.
I told you guys ... Trump's cowboy way of making deals like he did in Real Estates does not work for China. President Xi understands the Yin and Yang forces, so when Trump went Cowboy hard, Xi went soft. Now that Trump is hurting due to pressure from farmers, economy, election, President Xi is coming back with strikes. An a deal is most likely to favor China more at the end. One thing Trump needs to know is, he only commands a 300M consumer army, and President Xi controls 1.4 capital B consumers, with 500M rsing middle class. When they meet on the economic battlefield, who will have the advantage?
USMCA must pass to give America a chance.
Is that you “D”?
It's quite likely that David Wong is an opinion robot that is tweaked ever so often by a human programmer to adapt to the situation. --- It, the David Wong robot icon, is actually not a real person. --- As we know, robots can't think for themselves and COMMON SENSE is not the domain of a robot. So let's react by calling the David Wong robot icon for what it is: it is an "it", the DW robot icon--- ANYWAYS, it seems that Donald Trump's tariff scheme is working for getting some traction in the Chinese corner. With any ****and stiff mentality, ie typical of a communist regime, it is necessary to step hard enough onto their toes before they start feeling the pain. But we kind of knew this from the get-go.
Lol
Will the market continue to be fueled off more "hope" and promises? Of Course!! Then Trump will tweet in the middle of the night with more threats on China! Rinse, Repeat!
Great. We just have to worry about who he having the meeting with cause the guy in office is like a firecracker. He is unstable.
But he claims he's a "stable genius" lol
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