In an article posted on the institute's website on April 7, Gagnon said economists broadly agree that trade barriers do not cause trade deficits. "A country can have a trade deficit only if it is borrowing on net from the rest of the world," he said.
In an interview with China Daily when participating in a summer camp in Shanghai for children suffering from rare diseases from all over the country last month, Chief Executive Officer Christophe Weber said the company plans to make significant investments over the next five years in research and development in China, focusing on unmet medical needs in the country.
In an attempt to offer a more flexible service for people travelling within Shaanxi, the Xi'an Railway Bureau teamed up with Tsinghua University to try out a new passenger service.
In contrast, the growth of department stores has been constrained in recent years. One major reason was the rapid development of supermarket chains, convenience stores and online shopping platforms.
In an interview with ABC News, Trump's national security adviser Robert O'Brien warned of "additional pressure" on the DPRK while refusing to speculating on future developments on the issue.
In addition, they agreed to study the issue of establishing tourist information centers in major cities and promote the development of the Silk Road tourism brand.
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In east China's Nanjing City alone, three people died and 2,473 were injured in 3,242 road accidents related to such services in the first half of this year, according to figures released by the ministry's traffic management bureau.
In an effort to address a chronic labor shortage and to cover rising social security costs amid an aging and shrinking population, Japan's parliament called on businesses to try to employ older workers through various measures under the legislation.
In fact, many major universities on the continent are incorporating Mandarin in their management courses as a way of improving the quality of graduates who will in future have to negotiate with Chinese companies coming to Africa, he says.
In contrast to merchandise trade, trade in services refers to the sale and delivery of intangible products such as transport, tourism, telecommunications, construction, advertising, computing and accounting.