The UK is committed to building a "Global Britain". For this purpose, Britain is accelerating the implementation of its Modern Industrial Strategy and has vowed to strengthen economic and trade links with global partners. In this process, Britain could play a unique role in the Belt and Road Initiative.
The United States has seen a prosperous year in 2017, when its crude oil, gasoline, diesel, propane and even liquefied natural gas (LNG) were shipped abroad at a record pace. Its exports are poised to expand further, giving OPEC a headache as the group restrains its own output.
The US Federal Reserve on Wednesday held interest rates steady and offered a downbeat view of the immediate future as the economy continues to be weighed down by the novel coronavirus pandemic.
The US Chamber of Commerce and the China Center for International Economic Exchanges-the business thinktank of the Chinese government-will organize a meeting within the next 12 months to promote to US companies the projects related to the initiative.
The United States has stepped up its assistance to Afghan security forces and increased its air strikes against the Taliban and other militant groups, aiming to break a stalemate and force the insurgents to the negotiating table.
The US recently announced a series of sanctions on Hong Kong over the city's new National Security Law, including requiring the city's exports to the US to be labeled as "Made in China", and suspending or terminating three bilateral agreements with the city. The US Department of State announced on Wednesday the suspension or termination of Agreement for the Surrender of Fugitive Offenders, the Transfer of Sentenced Persons Agreement and the Agreement concerning Tax Exemptions from the Income Derived from the International Operation of Ship.
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The UNESCO conference was held from June 10 to 12 in the city of Meishan with discussions on the future of historic towns and villages. More than 180 people including ministry officials and mayors from participating countries, guests from international organizations, the World Bank, private institutions and universities attended the meeting.
The US had put sustained pressure on the UK to boycott the company due to concerns over cybersecurity. On the other hand, the UK government has long been aware that a full ban on Huawei would delay the rollout of 5G networks by years, at great cost to the economy.
The US and the EU have threatened to impose billions of dollars in reciprocal tariffs in a 14-year dispute at the WTO over aircraft subsidies given to US aircraft maker Boeing and its European rival Airbus.
The United Kingdom's Department for International Trade has reaffirmed its commitment to bilateral relations with China, as the triple concerns of Brexit, the novel coronavirus pandemic, and geopolitical tensions continue to impact commercial activity between the two nations.