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According to a a US Treasury official, the fourth-round China-US Strategic and Economic Dialogue (S&ED) has yielded "encouraging progress" on an array of economic fronts, a US Treasury official said on Tuesday.
Markets of China and other emerging economies play a big role in US and global recovery, as the United States is reorienting its growth strategy to focus on exports and competitiveness and European demand is expected to remain weak for some time, said US Under Secretary of the Treasury Lael Brainard.
Since early 2009, US exports to China have more than doubled and now exceed 130 billion US dollars a year, she noted in a speech to the Washington International Trade Association.
According to reports, the Chinese Foreign Minister Yang Jiechi will be hosting the meeting of the Foreign Ministers of SCO on May 11, 2012 in Beijing. 1
Reports noted that representatives of China and Republic of Korea will be meeting in Beijing on May 10, 2012 to discuss issues related to six-party talks. 2 Meanwhile, Beijing has announced that it is willing to work with Seoul to properly handle the clash between the Chinese fishing boat and ROK’s Coast Guard. 3
After his successful European visit, the Chinese Vice-Premier Li Keqiang has asserted for more energy cooperation between China and the European Union. 4
In another announcement Beijing has expressed hope that China and India will continue to make joint efforts to maintain peace and stability in the border regions. 5
In other developments, according to reports, the Deputy Secretary of Iran’s Supreme National Security Council Ali Baqeri paid a visit to China. 6
Meanwhile, an expert has stated that the fourth round of China-US Strategic and Economic Dialogue was “productive” and made progress in a number of areas. 7
- 1. “SCO FM meeting to be held in Beijing” China Daily, May 4, 2012 at http://www.chinadaily.com.cn/china/2012-05/04/content_15214117.htm
- 2. “China, ROK envoys meet on Peninsula issues” China Daily, May 4, 2012 at http://www.chinadaily.com.cn/china/2012-05/04/content_15214084.htm
- 3. “Beijing vows to resolve fishing boat clash” China Daily, May 4, 2012 at http://www.chinadaily.com.cn/china/2012-05/04/content_15205565.htm
- 4. “China calls for more energy co-op with Europe” China Daily, May 4, 2012 at http://www.chinadaily.com.cn/china/2012-05/04/content_15213900.htm
- 5. “China urges India to maintain peace on border” China Daily, May 3, 2012 at http://www.chinadaily.com.cn/china/2012-05/03/content_15203663.htm
- 6. “Iran's top security official visits China” China Daily, May 2, 2012 at http://www.chinadaily.com.cn/china/2012-05/02/content_15185712.htm
- 7. “China-US S&ED Dialogue productive: expert” China Daily, May 5, 2012 at http://www.chinadaily.com.cn/china/2012-05/05/content_15216661.htm