2 - White House News in Chinese (weebly.com)
Japanese Prime Minister Yoshihide Suga
Suga to hold talks with Biden in U.S. on April 16
Apr. 2, TOKYO - Japanese Prime Minister Yoshihide Suga will visit Washington for talks with President Joe Biden on April 16, the government said Friday. The trip had previously been announced, but not the exact date.
Chief Cabinet Secretary Katsunobu Kato told reporters that Suga will be the first foreign leader to meet Biden in person since he took office in January.
"That by itself is proof that the United States places importance on Japan," he said. "It is also significant as we demonstrate the strength of the Japan-U.S. alliance and the U.S. commitment to engage in the Indo-Pacific region."
Japan is eager to develop close relations with the new U.S. administration and was hoping to schedule Suga's visit earlier in April, or even sooner. Japanese media, including the Nikkei business newspaper, said Suga's trip was delayed because of a request from Washington. continue to read
Suga to hold talks with Biden in U.S. on April 16
Apr. 2, TOKYO - Japanese Prime Minister Yoshihide Suga will visit Washington for talks with President Joe Biden on April 16, the government said Friday. The trip had previously been announced, but not the exact date.
Chief Cabinet Secretary Katsunobu Kato told reporters that Suga will be the first foreign leader to meet Biden in person since he took office in January.
"That by itself is proof that the United States places importance on Japan," he said. "It is also significant as we demonstrate the strength of the Japan-U.S. alliance and the U.S. commitment to engage in the Indo-Pacific region."
Japan is eager to develop close relations with the new U.S. administration and was hoping to schedule Suga's visit earlier in April, or even sooner. Japanese media, including the Nikkei business newspaper, said Suga's trip was delayed because of a request from Washington. continue to read
Prime Minister Yoshihide Suga at the virtual summit of the leaders of Australia, India, Japan and the US, on Mar 12, 2021.
Japan PM to meet Biden in US on Apr 16
Apr. 2 - ...The talks follow a visit by the Pentagon chief and top US diplomat to Japan in March, when the two countries warned China against "coercion and destabilising behaviour".
Kato said Suga's trip would be a chance to discuss "strengthening the Japan-US alliance" and issues ranging from the coronavirus to climate change.
Matters related to China and North Korea will also likely be on the agenda, Kato added. North Korea carried out missile tests last week in its first substantive provocation since Biden took office.
Suga, 72, became prime minister in September after his predecessor Shinzo Abe stepped down for health reasons... quoted from
Japan PM to meet Biden in US on Apr 16
Apr. 2 - ...The talks follow a visit by the Pentagon chief and top US diplomat to Japan in March, when the two countries warned China against "coercion and destabilising behaviour".
Kato said Suga's trip would be a chance to discuss "strengthening the Japan-US alliance" and issues ranging from the coronavirus to climate change.
Matters related to China and North Korea will also likely be on the agenda, Kato added. North Korea carried out missile tests last week in its first substantive provocation since Biden took office.
Suga, 72, became prime minister in September after his predecessor Shinzo Abe stepped down for health reasons... quoted from
Biden's massive American infra plan has a China problem
Apr. 2 - US President Joe Biden announced the much-awaited infrastructure plan on Thursday. The $2.3 trillion proposal includes funding for roads, bridges, ports, as well as aims to fight climate change. To pay for this program, corporate taxes would be raised from 21% to 28%.
Given the scale of this plan, experts say, it is fraught with implementation challenges. They feel, getting the Republicans on board with this plan, would be a tall order.
"If we look at the spending items in the American Jobs Plan, which go far beyond what Republicans consider ‘infrastructure’, and the financing of the plan, through higher corporate taxes, it is not likely that this plan will get Republican support in the Senate," analysts at Rabo Bank said in a report on 1 April.
Even if both Democrats and Republicans were to find a common ground on this, some analysts caution of an external hurdle.
"One of the biggest challenges with President Biden’s new infrastructure plan is that the prices of many of the materials needed to implement the plan (concrete, steel, copper, etc.) have risen significantly over the past year, partially due to stockpiling by China, which is already investing in its own infrastructure," Randy Frederick, vice president of trading and derivatives, Schwab Center for Financial Research, said in his latest blog.
"Other materials (lithium, cobalt, nickel, etc.) are either produced or processed almost exclusively by China. All of this makes maintaining positive trade relationships with China a critical, but challenging component of the plan," he added.
Ever since former President Donald Trump imposed trade restrictions on China, the relationship between US and China has been stretched, to say the least. So far, not much has changed on that front under Biden's presidency. Although, media reports state that Biden administration is still working out its overall China strategy. source from
- Given the scale of this plan, experts say, it is fraught with implementation challenges and getting the Republicans on board with this plan would be a tall order
Apr. 2 - US President Joe Biden announced the much-awaited infrastructure plan on Thursday. The $2.3 trillion proposal includes funding for roads, bridges, ports, as well as aims to fight climate change. To pay for this program, corporate taxes would be raised from 21% to 28%.
Given the scale of this plan, experts say, it is fraught with implementation challenges. They feel, getting the Republicans on board with this plan, would be a tall order.
"If we look at the spending items in the American Jobs Plan, which go far beyond what Republicans consider ‘infrastructure’, and the financing of the plan, through higher corporate taxes, it is not likely that this plan will get Republican support in the Senate," analysts at Rabo Bank said in a report on 1 April.
Even if both Democrats and Republicans were to find a common ground on this, some analysts caution of an external hurdle.
"One of the biggest challenges with President Biden’s new infrastructure plan is that the prices of many of the materials needed to implement the plan (concrete, steel, copper, etc.) have risen significantly over the past year, partially due to stockpiling by China, which is already investing in its own infrastructure," Randy Frederick, vice president of trading and derivatives, Schwab Center for Financial Research, said in his latest blog.
"Other materials (lithium, cobalt, nickel, etc.) are either produced or processed almost exclusively by China. All of this makes maintaining positive trade relationships with China a critical, but challenging component of the plan," he added.
Ever since former President Donald Trump imposed trade restrictions on China, the relationship between US and China has been stretched, to say the least. So far, not much has changed on that front under Biden's presidency. Although, media reports state that Biden administration is still working out its overall China strategy. source from
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