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2017/06/29

Trump-Xi Meeting: Do You See US-China Trade Opportunity?

US President Donald Trump is looking forward to meeting with Chinese President Xi Jinping to build constructive and results-oriented bilateral relationship during the G20 summit in Germany, a senior White House official said on Wednesday.

The official made the remarks in a background briefing about the visit to the US by South Korea President Moon Jae-in, which started late Wednesday.
The official, whose name was not to be used for background briefing purpose, said that he doesn't have anything to announce in terms of the substance of the conversation.

"But I know that President Trump is looking to continuing his conversation, his running conversation that he has been having with Xi Jinping since Mar-a-Lago, and phone calls, and, of course, correspondence since then," he said.

image credit: internet

"So he is looking forward to continuing what has been so far constructive and results-oriented relationship between China and the United States," he added.

On June 22, Chinese State Councilor Yang Jiechi told Trump during their meeting at the White House that Xi looks forward to meeting him again during the G20 Summit and welcomes Trump to make a state visit to China this year.

Yang was in the US last week for the inaugural China-US Diplomatic and Security Dialogue (D&SD) held in Washington.

This year's G20 Summit, the 12th such meeting, will be held on July 7-8 in Hamburg.

During their first meeting at Trump's estate in Florida in early April, the 45th US president accepted Xi's invitation for a state visit to China this year.

At the conclusion of the D&SD last week, China and the US recognized that maintaining close high-level exchanges is very important and are willing to make joint efforts to achieve positive outcomes for the Hamburg meeting between the two presidents and President Trump's state visit to China in 2017, according a press release from the Chinese delegation attending the talk last week.

Both Trump and Xi have spoken positively of the achievement at their Mar-a-Lago meeting. At the meeting, the two governments announced a new comprehensive dialogue mechanism, which includes the just-held D&SD, and the upcoming Comprehensive Economic Dialogue, Law Enforcement and Cybersecurity Dialogue, and Social and Cultural Issues Dialogue.

White House Press Secretary Sean Spicer confirmed on June 23 that Trump's daughter and son-in-law, Ivanka Trump and Jared Kushner, will also be visiting China later this year.


US news reports cited White House official as saying that Trump's state visit will take place behind of the couple's visit. Lvanka Trump is Trump’s assistant, while Kushner is senior adviser to Trump.

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2017/05/10

United States has suspended health funding for Kenya

Health problems are always the focus of the world. In Kenya, services are provided by health centres and dispensing clinics, though these often lack facilities and trained staff.

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 With many health professionals leaving Kenya to find posts abroad, there is a severe shortage of medical workers across the country. And medicines are not available free, poor families often go without treatment when they are ill.

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However, U.S. suspends funding to Kenya's health activities recently.

USAID Kenya and East Africa Contracting Officer, Brian Woody however said the funding for procurement of commodities and equipment related to life-saving treatment, prevention, outbreak or emergency response have been exempted.

Woody cited activities that directly strengthen county health systems will still be funded but noted that salaries and wages for all Global Security Agenda (GHSA) and PEPFAR staff such as project coordinators, administrative staff, supply chain officers, financial officers and field epidemiology and laboratory training program staff will be affected.

Woody said all its officials should immediately refrain from contracting any business with the health department.

"However, whether you receive a separate letter or not, you are to refrain from any activities further specified in this letter and or inform your contracting or agreement officer immediately," he said.

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Other activities the agency will not fund include meetings, events, and workshops as well as the printing of communication material such as brochures, training materials, and guidance documents.

Woody stressed that any activities conducted with the health ministry during the period of suspension will not be reimbursed by Washington.

Health issues need funding or your life will be threatened, business need founding or your career will have a lot of risks.

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2017/05/04

Chinese companies now flock to energy industry meeting

Chinese companies are making a much stronger presence because the industry experiences a downturn. Though the 2017 Offshore Technology Conference (OTC) is less crowded and the displays smaller and less elaborate with crude oil hovering around $50 per barrel.

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Image Credit: Internet
"I noticed that the China Pavilion area is much larger, and the number of Chinese companies has increased. I estimate that there are probably 200 to 300 Chinese companies at OTC this year," said Torry Wang, president of Houston-based Amphibian Petroleum Technologies.

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OTC, which runs from Monday through Friday, is the largest event in the world for the oil and gas industry with some 2,300 exhibitors representing more than 100 countries.

The depressed oil price gave Chinese companies more opportunities to come to OTC, which has a long waiting list for exhibitors, explained Wang. His company has been taking part in OTC for seven years.

"A lot of oil and gas companies decided not to show up due to the low oil price, thus freeing up spaces for Chinese companies. Some of them had tried for years to come to this event but couldn't get in until this year," said Wang.

Wang's assessment was partially echoed by Yi Baishui, deputy general manager of CMEC International Exhibition Co. His company has been organizing Chinese companies to participate in OTC since 2008.

"This year we brought more than 50 people from over 20 Chinese companies, much more than 30 some people last year," Yi said.

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"Although there are some policy uncertainties with the Trump administration when it comes to China-US relations, I am very glad to see more business exchanges going on between the US and China," said Zhao Zhenge, general representative of China Council for the Promotion of International Trade (CCPIT). "I am certain the larger presence of Chinese companies at OTC will bring more bilateral business in this industry."

Zhao also will meet with local American and Chinese business leaders to broaden bilateral business cooperation.

Not only are Chinese companies more prominent at OTC, but more of them are selling products to the US oil and gas industry, according to Tim Gonzales, acting director of global business at the American Petroleum Institute (API).

API has led the development of petroleum and petrochemical equipment and operating standards for more than 80 years. It certifies all products and services sold within the industry.

Gonzales said that the number of API-certified Chinese companies has surpassed that of American companies since last year.

"Now we certify more than 3,000 companies from China while we certify just about 3,000 companies in the US. It's very interesting," said Gonzales.

Gonzales said that API, after working in China to bring US standards to Chinese manufacturers, is now interested in working with Chinese organizations and companies to develop industry standards that China requires.

"So that when Chinese companies buy equipment such as pipes from the US, it will be the same as in China. We want to make the standard globally acceptable," said Gonzales, who discussed details with Zhao on how to work together to develop such standard for China.

"This is very encouraging news. It means China economy has become a force to be reckoned with. A recognized standard for China will certainly further benefit business exchanges on both sides," Zhao said.

This year, China's major players are at OTC such as CNPC, Sinopec and CNOOC.

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2017/05/03

Trump warms up the US-China tie in first 100 days of presidency

China-US relations is always a matter of great concern to the whole world. Recently, there is new partnerships between two countries.

President Donald Trump's nominee for ambassador to China promised on Tuesday to take a firm line with Beijing on issues from North Korea to trade disputes and human rights, and seemed poised for an easy confirmation by the U.S. Senate.

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Image Credit: Internet
"As Governor of Iowa, I saw first-hand the importance of a positive and healthy trade relationship between our two countries," Branstad said here at his confirmation hearing.

Terry Branstad, the nominee for US ambassador to China, said he hopes to use his unique relationships with Chinese President Xi Jinping and US President Donald Trump to positively influence US-China relations.

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"As Governor of Iowa, I saw first-hand the importance of a positive and healthy trade relationship between our two countries," Branstad said here at his confirmation hearing.

Branstad, who is serving his sixth term as Iowa governor and is the longest-serving governor in US history, described his relationship with Xi which goes back to 1985. Branstad was then serving his first term and met Xi, who was leading an agriculture delegation from Hebei province, Iowa’s sister province.

“A connection was made and a friendship was founded. To this day, President Xi still speaks fondly of Iowa and the hospitality he enjoyed there so many years ago,” said Branstad. When Xi visited the US in February of 2012 as China’s vice-president, he went to Iowa to visit the people who hosted him in 1985, people he referred to as “old friends”, including Branstad.

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As the governor of a U.S. state whose economy is mainly driven by agriculture industry, Branstad noted that almost one out of every two rows of Iowa soybeans is sent to China, as well as 33.5 million U.S. dollars in pork in 2016.

Senator Bob Corker, the panel's Republican chairman, blasted China's actions in the South China Sea, and "cyber theft of intellectual property." He warned against focusing on short-term goals at the expense of long-term US interests.

"There's no country in the world that we have so many issues with," Corker said.

Branstad took a hard line on the South China Sea, saying, "China cannot be allowed to use its artificial islands to coerce its neighbors or limit freedom of navigation or overflight."


Trump has taken an "America First" approach to trade. Branstad also stressed the importance of opening markets to agricultural goods, protecting intellectual property and addressing China's "unfair and illegal" sales of low-priced steel.

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2017/03/02

A Guide to 45 Years US-China Ties You Need to Know




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