China blames US' flip-flop as trade talks end without breakthrough
China on Wednesday blamed US' flip-flop attitude and lack of sincerity in reaching a trade deal as the 12th round of talks between top trade officials of the two countries ended without a breakthrough in Shanghai after US President Donald Trump's twitter tirade against Beijing.To get more china news, you can visit shine news official website.
Since the commencement of trade war last year China and US have so far hit each other with punitive tariffs covering more than $360 billion in two-way trade.
Trump kicked off the trade war demanding China to reduce massive trade deficit which last year climbed to over$ 539 billion. He is also insisting on China to workout verifiable measures for protection of intellectual property rights (IPR) technology transfer and more access to American goods to Chinese markets.
The talks between top trade negotiators from China and US, the first after they broke down in May, lasted just half a day and ended with no sign of a breakthrough, but a willingness to continue discussions.
The talks were held in Shanghai unlike the previous rounds which took place in Beijing and Washington. The abrupt end of talks sparked speculation that a trade deal was unlikely before the 2020 US presidential elections.
US trade representative Robert Lighthizer and treasury secretary Steven Mnuchin took part in the talks with a Chinese delegation headed by Vice Premier Liu He. The talks were relatively brief and the US officials left for the airport without speaking to reporters.
While China has not officially commented on the outcome of the talks,foreign ministry spokesman Hua Chunying in her media briefing in Beijing hit back at Trump's barrage of tweets against China.
Seen as an attempt to increase pressure on China, Trump tweeted on Tuesday saying his team is "negotiating with them now, but they always change the deal in the end to their benefit...."
Trump said China was supposed to start buying US agricultural products but they have shown "no signs that they are doing so".
"That is the problem with China, they just don't come through," he tweeted.
Trump said that China is waiting for the next presidential elections and hopes that he will be defeated and then they can talk with his next Democratic successor. He warned that if he wins re-election in the November 2020 US presidential contest, the outcome could be no agreement or a worse one.
Reacting to Trump's tweets, Hua said, "the US is the one that has flip-flopped in the whole process. It doesn't make any sense for the US to exert pressure for maximum campaign. I believe the US should show more sincerity and good faith."
She also reacted sharply to Trump's comments that the Chinese economy is doing badly.
"You say Chinese economy is not that good. It is obvious fact that China's GDP in the second quarter is 6.2 per cent. The US GDP is lower (2.1 per cent). Who is better is very obvious fact. I believe the exercise of maximum pressure is not constructive at all. What matters is that we have to show sincerity, mutual respect and good faith to resolve our differences and concerns. I believe this makes the only right way forward," she said.
Commenting on the US ban on Huawei, she also took pot-shots at Trump saying that US business suppliers are now anxious to do business with the Chinese telecom giant which on Tuesday announced an increase of 23.2 per cent revenue year-on-year to $58.3 billion in the first half of this year.
"Increasing number of US business hope they can supply parts to Huawei. So I believe it is the American business that are the more anxious about it. We have full confidence in Huawei and it is the US that is most worried," she said.
The US has banned Huawei, the world's leader in telecom equipment and the number two smartphone producer, over concerns of security and Washington has been pressuring other countries to restrict the operations of the Chinese telecom firm.
Reacting to abrupt end to the 12th round of trade talks, observers said China seems to be watching the US presidential race with interest, to see how it will affect trade policy.
"China has started to buy soybeans from the US, which could help Trump to counter domestic political pressure, meanwhile US tech firms have raised their voices to lobby the US administration to loosen export controls on Huawei," said Wang Yong, a professor of international relations with Peking University.
Trump’s China Shock
I didn’t know that the Dow was going to drop 750 points, so my latest column is El Paso-related. Probably the right choice anyway, because US-China is moving so fast that anything in the print paper would be out of date.To get more china breaking news, you can visit shine news official website.
But it does look as if I should try to explain (a) what I think is happening (b) why the markets are going so nuts. By the way, given Mnuchin’s declaration just a few minutes ago that China is a currency manipulator, tomorrow’s market action should be … interesting.
So here’s the thing: neither Trump’s tariff announcement last week nor, especially, the depreciation of China’s currency today should objectively be that big a deal. Trump slapped 10 percent tariffs on $200 billion of Chinese exports, which is a tax hike of 0.1 percent of US GDP and 0.15 percent of Chinese GDP.
In response, China let its currency drop by about 2 percent. For comparison, the British pound has dropped around 9 percent since May, when it became clear that a no-deal Brexit was likely.
So why are these smallish numbers such a big deal? Mostly because we’ve learned things about the protagonists in this trade conflict, things that make a bigger, longer trade war seem a lot more likely than it did even a few days ago.
First, Trump really is a Tariff Man. Some naïve souls may still have been hoping that he would learn something from the failure of his trade policy so far. More sensible people hoped that he might do what he did with NAFTA: reach a new deal basically the same as the old deal, proclaim that it was totally different, and claim a great victory.
But no: it’s pretty clear now that he refuses to give up on his belief that trade wars are good, and easy to win; his plan is to continue the beatings until morale improves. What may have looked like temporary tariffs designed to win concessions now look like permanent features of the world economy, with the level of tariffs and the range of countries facing them likely to expand over time.
Second, China is clearly signaling that it’s not Canada or Mexico: it’s too big and too proud to submit to what it considers bullying. That slide in the renminbi wasn’t a concrete policy measure as much as a way of saying to Trump, “talk to the hand” (no doubt there’s a good Chinese expression along these lines.)
Incidentally — or maybe it’s not so incidental — while there are many valid reasons to criticize Chinese policy, currency manipulation isn’t one of them. China was a major currency manipulator 7 or 8 years ago, but these days if anything it’s supporting its currency above the level it would be at if it were freely floating.
And think for a minute about what would happen to a country with an unmanipulated currency, if one of its major export markets suddenly slapped major tariffs on many of its goods. You’d surely expect to see that country’s currency depreciate, just as Britain’s has with the prospect of lost market access due to Brexit.
In other words, the Trump administration in its wisdom has managed to accuse the Chinese of the one economic crime of which they happen to be innocent. Oh, and what are we going to do to punish them for this crime? Put tariffs on their exports? Um, we’ve already done that.
So how does this all end? I have no idea. More important, neither does anyone else. It looks to me as if both Trump and Xi have now staked their reputations on hanging tough. And the thing is, it’s hard to see what would make either side give in (or even to know what giving in might mean.)
How to get text messages on your Mac
Over the years lots of iPhone and iPad apps have made it over to the Mac, including Notes, Maps, Photos, iBooks and Messages. Using the Messages app on the Mac it is possible to send and receive SMS text messages and iMessages without even getting your iPhone out of your bag.
There are actually two different types of messages you can send and receive on your Mac. iMessages are sent via Apple's servers, and normal text messages are routed via your iPhone. In this article we show how to send and receive both.
Click on the Messages icon in the Dock at the bottom of the screen (it's a blue speech bubble), or search by pressing Cmd + Space bar and start to type Messages.
Sign in using the Apple ID that's associated with your iPhone.
Select the new message icon (the square icon beside the Search field).
Place your cursor in the To: field and type the phone number or email address for the friend you wish to contact (the email address should be one they use for iMessage). Press enter.
Alternatively, if you've synced your Contacts file with your Mac you should be able to click on the + sign to add people from your Contacts.
If your friend has an iPhone you can tell because their number will gain a blue box. This means they will receive your text as an iMessage, sent via Apple's servers. (Note that an iMessage sent this way may arrive on your friend's phone with your Apple ID email address as the identifier rather than your phone number. It depends on whether your contact details are set up on their phone.)
If your friend is able to receive iMessages simply type your message in the field marked iMessage. When you're finished, press return to send it.Once you've logged into your Apple ID in Messages on your Mac you will be able to receive iMessages sent by your iPhone-using friends. The messages will also appear on your iPhone so there will be continuity.https://www.ttspy.com/how-to-turn-on-someones-cell-phone-microphone-remotely.html
How Cyber Criminals Are Targeting You Through Text Messages
Cyber criminals are increasingly targeting victims through a text message scam called "smishing" that can infect your smartphone and let thieves steal your personal information.
That means social security numbers, addresses, and even your credit card information can all be vulnerable through a simple, unassuming text message you receive.
"It may say something like, $500 was just withdrawn from your bank account, did you do it? If not, call this phone number," Pierson Clair, senior director of cyber security and investigations at Kroll, told NBC News. "There are millions of these text messages sent out every single day targeting everybody from small children to grandmothers and everybody in between."Hackers usually send the smishing messages with a link or phone number. If you call or click, they'll then be able to harvest more data.
Americans lost $1.3 billion to cyber crime in 2016, according to the FBI. That number is expected to rise as criminals get craftier and go after unsuspecting victims in new ways."A phone is something you always have on you," Clair told NBC News. "And if you always have it on you, and you're moving quickly through life, you'll have taken your phone out and you'll say, 'Oh no!' And you'll actively respond to it. And then they've got you."
There isn't a way to block scammers from sending smishing messages, so experts recommend being skeptical if you're not sure about a text.
Don't click the link or call the number. Instead, look at your bank's app independently and call a verified phone number. Finally, remember to delete suspicious texts.https://www.ttspy.com/how-to-turn-on-someones-cell-phone-microphone-remotely.html