Day: March 6, 2020

[2019] U.S. Said to Set 2025 Target for China to Fulfill Trade Pledges

Ms. Cat

Under the proposed agreement, China would commit by 2025 to buy more U.S. commodities, including soybeans and energy products, and allow 100 percent foreign ownership for U.S. companies operating in China as a binding pledge that can trigger retaliation from the U.S. if left unfulfilled, the people said on condition of anonymity because the talks are private.

Stocks in Asia were mixed in early Thursday trading after American equities edged up to a six-month high, as investors look for signs of progress. The offshore yuan held at 6.7131 per dollar.

Other non-binding promises China has offered to implement by 2029 wouldn’t be tied to potential U.S. retaliation, they said, without elaborating.

— Read on www.bloomberg.com/news/articles/2019-04-03/u-s-said-to-set-2025-target-for-china-to-fulfill-trade-pledges

[2019] U.S., China Further Talks on Cloud Access in Trade Deal

Ms. Cat

Drafts of the broader trade agreement now under discussion would give Beijing until 2025 to meet commitments such as allowing American companies to wholly own enterprises in China, people familiar with the talks said earlier. Those would be binding pledges that could trigger U.S. retaliation if unfulfilled, the people said.
— Read on www.bloomberg.com/news/articles/2019-04-10/u-s-china-said-to-further-talks-on-cloud-access-in-trade-deal

Scientists fault gov’t and private industry response for U.S. coronavirus spread

Ms. Cat

Two top scientists—the chief of occupational medicine at the University of Illinois and the Dean of the Baylor University’s School of Tropical Medicine—are faulting the federal government’s and private industry’s response for the spread of COVID-19 coronavirus in the U.S.

And the top union for registered nurses, National Nurses United, found in a nationwide survey of 6,500 nurses, and counting, that only 44% report their hospitals and nursing homes have trained them in how to recognize and cope with the coronavirus, and only 29% have plans to isolate coronavirus sufferers.

The remarks, from Dr. Peter Orris of the University of Illinois at Chicago and Dr. Peter Hotez of Baylor University, came as the U.S. death toll from coronavirus rose to 14, and as data shows workers and older patients at nursing homes are particularly at risk of becoming ill and—for the elderly—dying.
— Read on www.peoplesworld.org/article/scientists-fault-govt-and-private-industry-response-for-u-s-coronavirus-spread/