BEIJING - Chinese President Xi Jinping (click here) met with the mayor of Los Angeles on Tuesday in Beijing, and the two sides agreed to strengthen local-level exchanges and people-to-people contact.
During the meeting with Mayor Antonio Villaraigosa, Xi said the two sides need to work from the top level as well as from grassroots level and up to push forward the development of China-US relations. He said the roots of China-US relations are deep in the local, non-governmental and grassroots sectors....
Local economies. Definitely. Hank Paulson spent more time in China than he did in DC, until the collapse actually looked important. Two years, actually three, is when September 2008 started. It didn't start with currency though. This time it's different.
Updated: 2013-05-28 10:52
By HE WEI in Shanghai (China Daily)
A parallel trade agenda between (click here) China and the United States is essential for the expansion of global trade liberalization, according to the former World Bank president Robert Zoellick.
Speaking to China Daily in Shanghai, Zoellick said it is important for the world's largest two economies to push ahead with service sector reforms via the World Trade Organization, even if the US expands its involvement in the Trans-Pacific Partnership Agreement, a free trade pact effective within an exclusive bloc of nations.
The creation of the TPP has been controversial because negotiations surrounding its expansion have largely been taking place in secret.
Originally launched in March 2010 by Singapore, New Zealand, Chile and Brunei, its newer members are Australia, Peru, Vietnam, Malaysia, Mexico, Canada, Japan, and the US....
Updated: 2013-05-28 16:51
(Xinhua)
SYDNEY - Australian Prime Minister Julia Gillard (click here) on Tuesday refuted claims about cyber attacks by Chinese hackers, calling them "inaccurate".
An Australian investigative television program this week reported that one such attack had resulted in Chinese hackers gaining access to top secret and detailed blueprints of spy agency ASIO's new headquarters in Canberra.
"As the attorney-general has stated - neither he nor the director-general of ASIO intend to comment further on these inaccurate reports," Gillard told the parliament.
She did not elaborate on what elements of the Australian Broadcasting Corporation (ABC) Four Corners reports were incorrect....
