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But the United States does not plan to send senior government officials to the fair, a U.S. embassy spokesman said on Wednesday, urging China to end what he called harmful and unfair trade practices. Speaking at a daily news briefing, Chinese foreign ministry spokeswoman Hua Chunying said that it was the right of the United States to send whoever they wanted, adding. “The United States, on the one hand, asks China to open its markets to U.S. products and services, yet on the other hand, the United States is not willing to send anyone to come when we open the door and invite people from all over.”.

“This way of speaking and acting, I think everyone will believe, as I do, is extremely contradictory and hard to understand,” she said, The import fair shows that China is willing to open its doors to other countries and share the benefits of Chinese development, Hua added, More 130 countries and 2,800 companies have decided to take part, including 180 U.S, companies sterling silver knot cufflinks such as Microsoft Corp (MSFT.O), Disney (DIS.N) and Intel Corp (INTC.O), she said, “Many U.S, companies have said to China that they wish to make full use of this expo to increase cooperation between Chinese companies and regions and U.S, companies and regions and to create a more effective platform for this,” Hua said..

DUBAI (Reuters) - The United States will remain “a key part” of the Saudi economy despite a boycott of the Future Investment Initiative conference, Saudi Energy Minister Khalid al Falih told Elekhbariya state-TV on Thursday. A number of Western politicians and global business chiefs stayed away from Saudi Arabia’s premier investment event over the killing of dissident journalist Jamal Khashoggi, which has sparked an international outcry. “The U.S. will remain a key part of the Saudi economy because the interests that tie us are bigger than what is being weakened by the failed boycotting campaign of the conference,” he said.

ZURICH (Reuters) - UBS Group AG (UBSG.S) aims to grow wealth management profits at the upper end of its target range over the 2019-2021 period and set a target for net new money growth of at least 3 percent by 2021 from the current 2 to 4 percent, the world’s largest wealth manager said on Thursday, Switzerland’s biggest bank said it sterling silver knot cufflinks is targeting a cost/income ratio of around 77 percent for 2019 and 72 percent in 2021, It had previously set a target for a cost/income ratio below 75 percent for 2018-2020..

BEIJING/SHANGHAI (Reuters) - China’s state-owned automaker FAW Group said it signed a deal with 16 banks for a credit line worth more than 1 trillion yuan ($144 billion), an eye-catching amount analysts said was mostly symbolic, albeit an important signal of government support. FAW, one of China’s oldest state carmakers, said the funds would help with “future initiatives”. But in a response to a Reuters query it also said the credit line does not represent its current capital requirements or that it had projects which would require major capital investment in the near future.

According to an FAW source, the credit line is part of a government plan to revitalize the economies of China’s northeastern provinces, The person, who was not authorized to speak publicly on the matter, declined to be identified, China’s economy slowed to its weakest pace since the global financial crisis in the third quarter of the year, data last week showed, hit in part by a slowdown in domestic car manufacturing and vehicle sales, The country’s rustbelt northeast has also borne the brunt of a crackdown on polluting industries sterling silver knot cufflinks and manufacturing, prompting China’s state planner to announce a broad plan in January to support the region..

Gao Heng, an expert at the Society of Automotive Engineers of China, said while the credit agreement was “symbolic” for the moment, it underscored government support for state-owned firms, the northeast region and the auto market. “This may boost confidence for SOEs that are temporarily in difficulty,” said Gao. “However, at the moment, it is quite symbolic. We need to see their next step.”. FAW is headquartered in Changchun, the provincial capital of Jilin, and employs around 150,000 people around the country. Its listed subsidiary FAW Car Co Ltd (000800.SZ) saw sales stall in the first half of the year and profits tumble some 70 percent.

FAW’s credit line agreement was signed at an event in Jilin, with senior officials from China’s central bank, the National Development and Reform Commission and top Chinese policy bankers in attendance, The credit line also follows moves by Chinese regulators to calm nervous investors as a long-running campaign to tackle debt risks and the trade war with the United States have started to weigh on economic growth, China’s car market, the world’s biggest, saw sterling silver knot cufflinks sales drop 12 percent in September, the steepest monthly decline in seven years, stoking concerns it could contract this year for the first time in decades..

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