The US unilateral and groundless labeling of China as a "currency manipulator" indicated the escalating Sino-US trade friction, but the Chinese economy's strong resilience, rooted in its huge domestic market and complete industrial sectors, will support it, they said at a seminar in Beijing.
The US set a record for coronavirus cases on Saturday, with more than 5 million people infected, according to a Reuters tally.
The US medical and consumer goods giant's new investment in Suzhou has offset the concern that foreign medical companies' confidence in the Chinese market is waning, especially since US pharmaceutical giant Eli Lilly announced in early September plans to shut down its China R&D center in Shanghai. British pharmaceutical firm GSK said in August it would close its R&D center for neurological diseases in Shanghai.
The US District Court in Boston will hold a hearing on the Harvard and MIT case Tuesday.
The United Kingdom was China's second-largest trading partner from among members of the European Union in 2016, and its eighth-largest worldwide, according to a new study.
The United States severed diplomatic ties with Taiwan in 1979 and established such ties with the People's Republic of China. The joint communique on the establishment of China-US diplomatic ties shows the US should maintain only unofficial relations with Taiwan.
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The United States will have no mercy when it comes to clamping down on competitive non-US companies. To achieve its technological hegemony, Washington has never hesitated to openly violate the principles of market economy and fair competition which the United States has always flaunted.
The United States has proposed a manufacturing industry renaissance program and Germany has formulated an Industry 4.0 strategy, while China is implementing the 'Made in China 2025' plan to modernize its manufacturing through technological upgrades, knowledge-based industries and environmentally-friendly development.'
The US has been running a trade deficit since 1976, and it had trade deficits with 99 trading partners in 2016.
The UK's Department of Health and Social Care has invested 800,000 pounds(.03 million) into British pharmaceutical company Oxford Drug Design, which is currently collaborating with partners in China on research into antimicrobial resistance, or AMR.