US officials said the American strategy does not aim to compete directly with China's Belt and Road Initiative, which involves dozens of countries in an estimated trillion of mostly state-led infrastructure projects linking Asia, parts of Africa and Europe, but rather to offer a more sustainable alternative by encouraging private-sector investment.
US bank Goldman Sachs said in a note to clients this week that the success of Shanghai’s crude futures was “indirectly promoting the use of the Chinese currency.”
US economic activity in the first quarter contracted at an annual rate of 4.8 percent amid the COVID-19 impact, the biggest decline since the Great Recession, the US Commerce Department reported Wednesday.
US President Donald Trump announced on Twitter on Thursday that he will meet with Kim Jong-un, top leader of the Democratic People's Republic of Korea, in Singapore on June 12, envisioning "a very special moment for world peace".
US ties with the WHO
US President Donald Trump has decided not to extend the temporary steel and aluminum tariff exemptions for these three key trading partners, Ross told reporters at a conference call.
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US retail giant to enhance speed of delivery, offer more global products in Chinese market
US universities tread warily - World - Chinadaily.com.cn
US President Donald Trump reacts to a question about US Supreme Court nominee Brett Kavanaugh during a meeting with Chilean President Sebastian Pinera in the Oval Office of the White House in Washington, US, Sept 28, 2018. [Photo/Agencies]
US congresswomen Ilhan Omar (L) and Rashida Tlaib. [Photo/IC]