Tuesday, October 25, 2016

Chinese Premier Li Keqiang called for prompt US talks with US former Treasury secretary Henry Paulson

Link: http://usa.chinadaily.com.cn/us/2016-10/24/content_27159242.htm

Premier Li Keqiang called for pragmatic efforts to promote negotiations for a high-standard China-US bilateral investment treaty as soon as possible at a meeting on Thursday with former United States Treasury secretary Henry Paulson.
Li said China introduced the negative list and pre-access national treatment systems into the BIT negotiations. Li said: " In a sluggish world economy and with rising trade protectionism, strengthening cooperation between the two countries sends a positive signal that promotes investment and trade liberalization." International cooperation could be the good trade-off of resources, including human capital, nature resource, etc. It could be efficient, but it should avoid monopolies which cause the inequity. 

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