The United Nations in China hosted a commemorative event on Tuesday to mark the International Day for South-South Cooperation. [Photo by Zhang Yunbi / China Daily]
The US central bank announced on Wednesday that it will reduce its holdings of treasury and agency securities starting from next month, which is seen as a turning point in the global liquidity environment and it will have a long-term impact on major economies' interest rates and asset prices.
The US, which is the largest trading partner of each of the four countries, has major trade disputes with all of them.
The United States remains skeptical, but will not openly block Seoul from reaching out to Pyongyang, as clearly shown by the decision to postpone the US-South Korean joint military drills during the Pyeongchang Winter Olympics.
The US first lady's tour in Cairo is expected to include visits to schools and public hospitals and meetings with mothers and children, as the trip focuses on children's health and well-being.
The United States is set to impose 25 percent of tariff on steel imports and 10 percent for aluminum, Trump said after a meeting with business executives.
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The US and ROK have just concluded two-month-long joint military drills involving 300,000 troops.
The UK will reveal its decision on Huawei in a pending telecommunications supply chain review. If a full ban is announced, UK operators will be forced to remove all existing Huawei hardware from their networks, something that will cost each company tens of millions of pounds and that will delay the rollout of 5G in the UK by up to two years, according to estimates from tech consultancy Assembly Research.
The US technology company unveiled the first version of its operating system customized for China's government agencies and State-owned enterprises in Shanghai on Tuesday, which it said has passed security reviews and received feedback for improvement through trial runs.
The US economy is projected to grow 2.1 percent this year, 0.1 percentage point lower than the World Bank's forecast in January. However, it raised the forecast for US growth in 2018, up 0.1 percentage point to 2.2 percent. The growth will again slow to 1.9 percent in 2019, as it moves closer to potential.