For its part, Chinese leader Xi Jinping’s government wants to revive foreign investor interest in China as it tries to reverse a deepening economic slump.

Beijing is ready to work together to “foster a more favorable policy environment for stronger cooperation” and “bolster bilateral trade and investment,” Commerce Minister Wang Wentao told Raimondo. Wang gave no details of possible initiatives.

Poll

Who will win the Punjab Elections?

BJP 32.86%

AAP 41.43%

INC 25.71%

Submit

View All In Poll

Raimondo said the two sides are working on establishing “new information exchanges” for “more consistent engagement.”

“It is profoundly important that we have a stable economic relationship,” she said. “I believe that we can make progress if we are direct, open and practical.”

Aug 2022
China stopped trade talks

Foxconn founder as Taiwan prez?

Pic/AFP

Terry Gou, who founded Apple supplier Foxconn, said on Monday he will run as an independent candidate in Taiwan’s presidential election.

At a news conference, Gou criticised the governning Democratic Progressive Party, saying its policies have “brought Taiwan into the risk of war” with China, which claims the self-ruled island as part of its territory. “I will definitely not allow Taiwan to become the next Ukraine,” he said.

He said Taiwan also needs new approaches on the economy and other matters at home. Experts say Gou is unlikely to become a frontrunner.

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever