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As China vowed to boost international trade, more charter flights have been and will be organized for Chinese traders to go abroad and for foreign merchants to come to China, allowing more face-to-face contact that is crucial to maintaining trade partners.
The South Korean government is facing a strategic dilemma, several South Korean media outlets reported, as it finds increasingly hard to resist growing US pressure from compromising its semiconductor sector.
Some in the West overstated existing problems and tried to depict GM as a tragic victim of China's dynamic-zero strategy. CNBC emphasized that GM saw its worst quarterly sales in China since the beginning of the coronavirus pandemic, and attributed its sales drop to the resurgence of COVID-19 in China and ongoing global supply chain problems.
The Chinese Ministry of Foreign Affairs announced June 17 that President Xi Jinping will host the 14th BRICS Summit in Beijing on Thursday. Prior to the summit, Global Times (GT) reporter Liu Yang conducted an exclusive interview with Paulo Estivallet de Mesquita (Estivallet), Brazilian Ambassador to China, in which the ambassador shared his views on China-Brazil cooperation, agricultural trade and prospect of cooperation for the ongoing BRICS summit.
Sales of cotton produced in Northwest China's Xinjiang Uygur Autonomous Region have dropped this year due to the joint effect of constrained domestic consumption and delayed export orders following the latest round of COVID-19 outbreak, while the US sanctions have only had a slight impact, companies and industry insiders said on Monday.