China vows to expand and open up to foreign investment
Chinese Vice President Wang Qishan says China is committed to expanding and opening up to foreign investment. “China cannot develop in isolation from the world, nor can the world develop without China,” Wang said at the Bloomberg New Economy Forum. At the same time, the US is set to meet with Japan, South Korea and India to bolster trade ties in order to counter China’s influence – we’ll discuss what all this means.
In its bid to sidestep US sanctions, Huawei is recruiting smartphone partners as a way of gaining access to critical components needed for their products. But will the strategy work, or will the US continue putting pressure on the Chinese company?
Plus, American farms are becoming a thing of the past as farmers struggle with rising costs, falling profits, and customers buying cheaper foreign products. We’ll discuss the steps being taken to help save America’s farming industry.
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