China is closing the gap on USA in technology IP race

Hainan will also adopt more open duty-free shopping policies, and worldwide flight routes will be increased, it said. Maybe India can substitute for something like soybeans and sugar if we could have access to those exports with all the due quality considerations for that you might have on our farmers.

On March 22, President Donald Trump signed an executive order that will impose up to $60 billion of tariffs on Chinese exports to the US, first on steel and aluminum, and next on technology products, accusing China of stealing technology from USA companies. "They can make correct easements", he said.

North Korea's ties with China, its sole ally, had become strained over the past couple of years over the North's contentious missile and nuclear tests.

The commissioning of the expanded East Siberia Pacific Ocean (ESPO) pipeline, PetroChina's newly commissioned Yunnan refinery and CNOOC's new Huizhou plant also contributed growth, Tee added.

This is why the mid-term elections are so critical: to keep the GOP's control of the House, to enable Trump to continue to make America great again.

"Until the Trump administration articulates those concerns and how China can address them, it's going to be very, very hard for China to make those changes", said Parker. When he visited Chinese facilities last May, many were not properly marketed, their staffing ratios were out of whack and they weren't profitable. Outstanding total social financing increased 10.5% year-on-year in March, down from 11.2% growth in February.

China's top economic official, Premier Li Keqiang, appealed to Washington on Tuesday to "act rationally" and said, "we don't want to see a trade war". "We estimate their imports expanded at 30 percent in the first quarter", said Seng Yick Tee of consultancy SIA Energy.

Taiwan's defence ministry said it would keep a close eye on the upcoming exercise.

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Meanwhile, China has been acting more in pushing forward the construction of an open economy by improving its fiscal taxation and financial policies to expand imports, creating better conditions for trade facilitation, comprehensively granting pre-establishment national treatment to foreign companies and implementing the negative list management system, Zhang said.

Inviting China to join the India-led International Solar Alliance project, Kumar said Beijing had made "tremendous progress" in solar technology and called for joint collaboration in R&D. "Joint research work will be a very good signal and also produce very good results going forward", he said.

But on average, a Chinese paper gets 0.93 citations, versus 1.23 for United States documents.

About a third of America's soybean crop heads to China each year - some $14bn in exports - but Argentina and Brazil are also big exporters.

Now under the SED, India and China have five working groups which include infrastructure, high-tech, energy, resource conservation and policy coordination. He suggested extension of India's IT corridor in Chinese city of Dalian to the rest of Chinese provinces to combine India's software with China's hardware.

IP experts, however, say China is still behind in areas such as semiconductors, robotics, and biotech.

The dueling tariffs could shave.3 percentage points off both US and Chinese annual economic growth, according to estimates by Gregory Daco, head of USA economics for the research firm Oxford Economics.

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