VIF Neighbourhood News Digest: 28th June, 2018

Xi meets with U.S. Secretary of Defense: People’s Daily
June 28, 2018

Chinese President Xi Jinping on Wednesday met with visiting U.S. Secretary of Defense James Mattis in Beijing. Xi said the world is undergoing major developments, transformation and adjustment. The trends of world multi-polarization and economic globalization are developing in depth, and countries have become even more interdependent. The Chinese people are building a great modern socialist country, but China will stay on the path of peaceful development, Xi said, adding that China will neither pursue the path of expansionism and colonialism, nor cause chaos to the world.

Xi said China-U.S. relations are one of the most important bilateral ties in the world. Click here to read...

China to set up new courts to solve B&R disputes: People’s Daily
June 28, 2018

The Supreme People's Court will set up the first international commercial court in Shenzhen in South China's Guangdong Province and the second international commercial court in Xi'an, capital of Northwest China's Shaanxi Province, to settle cross-border commercial disputes in the Belt and Road (B&R) initiative, China Central Television reported on Wednesday, citing a notice issued by the State Council, China's cabinet. The settlement will follow four principles, including jointly discussing and developing and sharing of the mechanism, handling disputes in a fair, efficient and convenient manner, respecting the autonomy of the will of the parties, as well as diversifying methods of dispute resolution, the report noted. Click here to read...

Internet to foster rural development: China Daily
June 28, 2018

China will improve internet services and IT infrastructure under the "Internet Plus Agriculture" model to promote integrated development of the primary, secondary and tertiary industries in rural areas and bring farmers more business opportunities that help increase their incomes, officials decided at a State Council executive meeting chaired by Premier Li Keqiang on Wednesday. Click here to read...

Huawei chairman slams US lawmaker calls for its US education partnerships to be investigated: South China Morning Post
June 28, 2018

The rotating chairman of Huawei Technologies, China's largest telecoms equipment and smartphone maker, has slammed US Senator Marco Rubio and other US lawmakers for their campaign to have the company’s research partnerships and relationships with US universities investigated on national security grounds, calling them “ignorant”. Click here to read...

China won’t concede an inch, Xi Jinping tells US defence chief Jim Mattis on South China Sea and Taiwan: South China Morning Post
June 27, 2018

Chinese President Xi Jinping has told visiting US Defence Secretary Jim Mattis that China will make no concession on its core interests, despite calling for stronger ties between the countries’ militaries. Click here to read...

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