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US, China ratify Paris climate deal, setting stage for G20
Chinese government minders confronted National Security Advisor Susan Rice when she moved closer to Obama as he walked from Air Force One after landing in the Chinese city of Hangzhou for a G20 summit.
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The briefing noted that China had worked closely with all G20 members towards an innovative, invigorated, interconnected and inclusive world economy, and tremendous efforts have been made in the areas of macroeconomic policy coordination, innovative growth, more effective global economic and financial governance, and inclusive and interconnected development.
Obama, who met first Sunday with new British Prime Minister Theresa May, also planned to discuss Syria when he meets with Turkish President Recep Tayyip Erdogan, their first sit-down since the summer’s failed coup in Turkey. Pushing back against protectionism and pushing forward with free and fair trade is a vital component of this growth agenda. At the same time, a European leader highlighted the conflicts looming over the summit by calling for action on China’s bloated steel industry. He called on Beijing to accept a monitoring mechanism for overproduction that Beijing’s trading partners blame for low prices and job losses.
“No matter how the reform of the global governance system may unfold, we should always take an active and constructive part in the process”, Xi said.
Another key issue at the meeting was Britain’s vote to leave the 28-nation European Union trade bloc, seen by some analysts as the first in a wave of moves by governments to withdraw from free trade.
“Many of the groups considered acceptable by the USA have actually affiliated with the Nusra Front, while the Nusra Front is using them to avoid being attacked”, Ryabkov told Russian media, citing a longstanding complaint of his government.
It is a signature feature of the foreign policy approach Obama promised when he ran for president – that he would talk even with the worst of the worst.
The Chinese leader said the world economy “still faces multiple risks and challenges including a lack of growth momentum and consumption, turbulent financial markets, receding global trade and investment”. “It may not be everything that needs to get done, but if it’s better than before we started, we’ll take it”.
He also expects the USA will provide help to Laos in dealing with unexploded munitions that remain in the Laotian countryside from the war. He said previous tax orders have affected European companies, including a January ruling that covered 35 enterprises, a lot of them from Europe. As one of the most renowned attractions in Hangzhou, the “Impression West Lake Show” painted a fabulous picture of the city for the participating government heads and state leaders. Uncertainty over the status of trade, immigration and other critical issues has disrupted business activity and prompted anxiety among investors.
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“If an agreement can be reached, we want to do so urgently, because of the humanitarian situation”. But the U.S. leader said the tensions were the result of different approaches to the media, as well as the sheer scale of the U.S. operation when he travels. It comes in a regional cauldron where Beijing is making aggressive moves in the South China Sea and Southeast Asian nations are increasingly important to USA efforts to rein in the rising power. He said Washington is focused on finishing trade deals with Asia-Pacific governments and the EU.