Xi Jinping's China shows off force in South China Sea

President Rodrigo Roa Duterte and People's Republic of China President Xi Jinping pose for

-China Dialogue on Global Issues at Georgetown University.

Xi, dressed in camouflage military fatigues and speaking aboard the Chinese destroyer Changsha, called for further modernization efforts, and underlined his goal of transforming the country's navy into a "world-class force" under the leadership of the Chinese Communist Party. So, why the sudden interest?

President Donald Trump on Tuesday praised the "kind words" from Chinese leader Xi Jinping and pledged "great progress" in the looming trade dispute between the world's largest economies.

As the NY Times headlined, "Farmers' Anger at Trump Tariffs Puts Republican Candidates in a Bind". But following Trump's tweet the White House made clear it wants to see changes enacted in China.

Take a deep breath: Robotics, new-energy vehicles, biotechnology, aerospace, high-end shipping, advanced rail equipment, electric power equipment, new materials (such as those used in screens and solar cells) and new generation information technology and software (including integrated circuits and telecommunications devices), as well as agricultural machinery.

Although Broadcom is based in Singapore, China loomed large in the decision, because Qualcomm is locked in a race with China's Huawei Technologies Co to dominate the development of next-generation wireless technology. Labor costs are surging as the country's rapidly aging population causes the workforce to shrink, undermining competitiveness in the sweatshop industries that underpinned its rise.

Sun and his alleged associates were accused of accepting money and assets worth 170 million yuan ($27 million) in return for providing help to unspecified organizations and individuals with engineering contracts, business operations and other matters, the court said.

Asian and European equities rebounded somewhat, despite heavy pre-weekend losses on Wall Street, as trade war fears gave way to investor optimism - but doubts remain.

He added: "Up to now China and the USA has not carried out negotiation at any level on the trade frictions". China also reportedly offered to open up financial services more rapidly and to give USA firms access to the rapidly growing e-commerce market in China. Indeed, our job market would improve if tariffs reduced our massive trade imbalance with China, and Trump is right to take strong steps toward that goal.

Russia Warns US Over Planned Military Action In Syria
Trump was to meet late in the day with senior national security aides, and no action was "off the table", the president said. United Nations chief Antonio Guterres said Tuesday the OPCW should be granted unfettered access to investigate.

The tariffs are an attack on those emerging industries.

China has responded with its own list of U.S. goods it could levy, including soya beans, aircraft and other major USA exports, many of which come from battleground states influential in upcoming midterm elections.

Before the White House announced on Tuesday that U.S. President Donald Trump chose to skip the summit to focus on Syria, a U.S. official told journalists he planned to argue that the United States should "remain the partner of choice" for Latin American countries.

The Chinese exercises are taking place amid rising tensions between Beijing and Washington over trade, but analysts have also expected the Trump administration to harden its policy on the South China Sea.

As China's President Xi said above, only mutual dialogue and cooperation can work in today's world - if peace is to be maintained.

Technology companies, banks and industrial companies all rose Thursday as investors got ready for big banks to announce their first-quarter results and let go of some of their concerns about the trade dispute between the US and China.

Trump responded via Twitter that he was "thankful" for Xi's remarks on tariffs and access for USA automakers, and said both countries would "make great progress together".

The full list of Chinese imports that Trump is targeting thus far.

While Xi's speech did not inflame trade tensions, other comments by government officials have taken a firm line.

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