The South China Morning Post reports that China and the United States have agreed on an arrangement for trade between the two countries to be liberalised.
US credit rating services, electronic payment services and bond underwriting business are now all allowed in Chinese market.
[...] Under this agreement, China will accept beef from the US into the Chinese market, effectively ending the 14-year ban on American beef after an outbreak of mad-cow disease in [the] US in 2003.
Reciprocally, [the] US will allow Chinese cooked chicken to [be sold] in the American market.
The deal also provides for Chinese banks to operate in the United States, and for liquefied natural gas from the United States to be sold in China.
(Score: 0) by Anonymous Coward on Sunday May 14 2017, @04:23AM
Most autocrats are not very smart.
Particularly the ones who get elected and then turn their countries in dictatorships.
They don't do it on purpose, they just aren't smart enough to run a functioning open democracy. They govern stupidly and things just get progressively worse with each bad decision until one day they wake up and they are on top of a throne all alone. At which point it then becomes a desperate scramble to keep from falling off the throne (and their subsequent execution). They are willing to sacrifice anyone else in order to stay on the throne and so everything really goes to shit then.