The US will provide 90 days for countries and companies to complete their transactions with Rosneft Trading.
The US allegation of "forced technology transfer" is an excuse that clearly has in mind suppressing scientific innovation in China and protecting US domestic industries. This is the complete opposite to the Chinese traditional wisdom that "to establish oneself, one should help others establish themselves; to achieve success, one should help others succeed".
The US recently launched a number of trade remedy investigations into Chinese goods, which has had negative implications for companies in both countries, particularly for US firms that are eager to either work with local partners or enlarge their presence in China, ministry spokesman Gao Feng said.
The USMCA is to be submitted to each country's congress for approval, and US lawmakers will probably enter into a "difficult and prolonged" debate that may not end until the first half of 2019, according to a report by Santander Bank, one of Mexico's leading financial groups.
The US move has nothing to do with democracy and human rights in Hong Kong, but aims to contain China's development, Tursunali Kuziev, a professor at Uzbekistan State University of World Languages, pointed out.
The United Nations Environment Programme said the per capita municipal solid waste generation in Southeast Asia stands at 1.14 kilograms per day. With the exception of Singapore, which has a well-structured waste management system in place, UNEP said most Southeast Asian countries resort to open burning to dispose of waste.
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The US has enjoyed 13 consecutive years of rising visitor numbers from China, 12 of them attracting double-digit growth.
The US sanctions on Hong Kong, which conflict with its own interests, will have little impact on the global financial center, said Francis Lui, an economist at the Hong Kong University of Science and Technology.
The U.S. Central Intelligence Agency has signed a deal with Amazon for cloud computing services worth up to 0 million over 10 years, according to a report by the Federal Computer Week trade publication, citing anonymous sources.
The US PC firm also has two global service centers, three factories, eight research and development centers as well as 12,500 staff in the Chinese market.