Part 2:
BACKDOC: THE GLOBAL CHANGES ARE AT THE HEART OF SOVEREIGNTY ISSUES! CORPORATIONS HAVING POWER OVER COUNTRIES AND INDIVIDUALS IS NOW FRONT AND CENTER AS WE SHARED!
THIS WEEK BEGINS THE TEST AS TO HOW "THE PEOPLE" RESPOND! DOC IMO
Mountainman: The DEBATE of Should I Stay or Should I Go Now is GROWING towards (GO)......It MUST Be So......and MANY EU Countries Will Follow.....
.A NEW REALITY Requires an INDEPENDENT CURRENCY.....The REST will Set A NEW PLATFORM for September 2 w/ it's Necessary Weight and Force that Brings the MARKETS to A NEW CIRCLE of FRIENDS.....These same EU Countries will Need the UK for TRADE as Well......ENGLAND will Be Vital Even after the BREXIT/EXIT......IMO
Blessings,Mountainman (8)=New Beginnings for....... A TRANSFORMATION w/In the EU........
....
BACKDOC: THE GLOBAL CHANGES ARE AT THE HEART OF SOVEREIGNTY ISSUES! CORPORATIONS HAVING POWER OVER COUNTRIES AND INDIVIDUALS IS NOW FRONT AND CENTER AS WE SHARED!
THIS WEEK BEGINS THE TEST AS TO HOW "THE PEOPLE" RESPOND! DOC IMO
Mountainman: The DEBATE of Should I Stay or Should I Go Now is GROWING towards (GO)......It MUST Be So......and MANY EU Countries Will Follow.....
.A NEW REALITY Requires an INDEPENDENT CURRENCY.....The REST will Set A NEW PLATFORM for September 2 w/ it's Necessary Weight and Force that Brings the MARKETS to A NEW CIRCLE of FRIENDS.....These same EU Countries will Need the UK for TRADE as Well......ENGLAND will Be Vital Even after the BREXIT/EXIT......IMO
Blessings,Mountainman (8)=New Beginnings for....... A TRANSFORMATION w/In the EU........
....
Thunderhawk: European values more important than economics
If you live in Italy or Spain, it is easy to defend the EU. You can simply point to the many common policy areas, point out a small list of achievements and rest your case. Yes, there is a rise in Euroscepticism in these countries.
But if they held a referendum on EU membership we would not doubt the outcome. The EU has become part of their political DNA, FT reported.
It is harder to make the pro-European case for the UK. But I will try. The case is hard because Britain has opted out of almost all the important EU policy areas: the euro; the Schengen zone of passport-free travel; justice and home affairs; and the charter of fundamental rights. Earlier this year, David Cameron managed to add a few more when he got his special deal in the European Council. His government will be able to dock in-work benefits to EU citizens. And the prime minister managed to absolve the UK from the goal of political integration and 'ever closer union'.
So what is the British electorate being asked to vote on this Thursday? From a British perspective, the EU consists of a single customs area and a single market. They are important to the City of London and large industrial companies. But they are just not important to everybody. If Remain wins, the UK would remain on the outer sphere of the inner circle. If Leave wins, the country will join the inner sphere of the outer circle.
There is a positive case to be made for the inner circle. Not only do the various countries of the EU have common interests, they also have shared values. Even in its current desolate state, the EU is a more powerful vehicle to protect and to project those values globally than national governments.
What are those values? I find it hard to beat the motto of the French Revolution: Liberté, égalité, fraternité. You might prefer different terms and list them in a different order.
I would transcribe them as follows: Freedom paired with openness and tolerance; equal opportunity; and a strong defense of the public good. The latter could encompass more far-reaching notions of income distribution and social protection. Different countries have different preferences. But all EU countries have in common a strong idea of a public sphere.
Liberté, égalité, fraternité is clearly not the slogan of China or Brazil. One of the features of financial globalization has been a rise in inequality of labor incomes. Another has been a renaissance of authoritarian regimes. Many of the emerging countries have shunned the European social democratic economic model in favor of transactional, finance-based US-style capitalism.
Most Europeans still enjoy high degrees of social protection, education and health services that are free at point of use. The EU has managed to hold on to most of these, more or less. But it has failed to become a model for the world.
That was different back in the last decade of the 18th century. The French Revolution became the defining moment in the history of the West because intellectual and economic progress at the time critically depended on a value shift. It would have been impossible to sustain the industrial revolution in the 19th century with the authoritarianism of the 18th century. The values of the French Revolution eventually found their way into political and legal systems of almost all European countries, including the UK, where the writer Thomas Paine set out the principle of inalienable rights. These ideas influenced many political reforms, starting in the UK with the Representation of the People Act 1832. They also underpin the EU’s charter of fundamental rights.
So if you, like me, distrust the vastly exaggerated and implausible economic claims made by the Remain campaign, then consider an alternative line of reasoning: our values are under threat from people like Russian president Vladimir Putin, from Donald Trump if he were elected US president, and from bigots everywhere. They are under threat from global corporations that avoid paying taxes, and from countries that fail to respect climate agreements.
The value argument is not meant in a purely defensive sense. It is not just the protection of values that matters, but also their global projection. The EU has had successes. Its policy towards its immediate neighborhood is far from perfect, but its soft power approach has helped democratic transition and economic development in many central and eastern European countries. When Russia annexed Crimea, the EU managed to impose sanctions and will probably renew them. If, or rather when, the Russian economy collapses, their cumulative effect will have played a role.
It is a shame that the Remain campaign has wasted so much time focusing on economic benefits of EU membership. The EU is, of course, an economic construction. But EU membership is not fundamentally about economics. It is about our way of life.
http://ift.tt/28Lp3Ek
************
Thunderhawk: OH Pappa J take a bow and smile
You called it brother and the cards are now on the table.
Don't worry about the Golden pin, That's reserved for someone else
BACKDOC: WHAT A WEEK THUNDER AND PAPAJ! WITH SINGLE DIGIT INFLATION RATE STARTING NEXT MONTH IT LOOKS LIKE GERMANY WILL SOLIDIFY ITS RELATIONSHIP WITH IRAN! CAN THE THREE MUSKETEERS GET PAID TOO? HEE HEE DOC IMO
Germany to reopen Hermes export guarantees for Iran trade
Germany's Economy Ministry said on Monday it was ready to reopen Hermes export guarantees for trade with Iran.
Hermes covers are a German government arrangement that protects German companies if foreign debtors fail to pay, reported Reuters.
The ministry added that Iran had settled outstanding debts from previous Hermes guarantees.
€500m debt settled
Meanwhile, Iran's Ambassador in Berlin Ali Majedi said the Islamic Republic has cleared its debt to Germany's Hermes insurance company.
Majedi announced that Iran has paid off its €500 million ($569 million) debt to Hermes, IRNA reported.
He added that the payment has removed obstacles to Tehran-Berlin business ties and that the two countries' banks can now boost cooperation.
Earlier, the head of the German banking association said rekindling business ties with Iran calls for 'patience'. "Rebuilding ties with Iran requires patience," Michael Kemmer said in April.
"To begin with, the transactions regimen has to work again before the next step of financing projects can take place," he added.
Kemmer also referred to Tehran's Hermes debt to Berlin and said banking ties between the two countries will revive only after Iran pays its debt to Germany.
One of the main reasons that the Islamic Republic, despite a lasting nuclear deal between Tehran and world powers, was unable to repay its debts to the German firm was the difficulties in working with foreign banks.
On July 14, 2015, Iran and the P5+1 (Russia, China, the US, Britain, France and Germany) finalized the nuclear deal.
While the JCPOA came into force in January, Iran still has still problems in its banking transactions with major foreign banks.
http://ift.tt/28KTk25
************
BACKDOC: THIS IS HUGE! JAPAN IS ABOUT TO DO SOMETHING STRUCTURAL AND BIG! IT WILL SHOW UP SOON! THEY HAVE THE HIGHEST DEBT TO GDP AS WE SHARED WITH YOU. TROUBLE IS UNAVOIDABLE UNLESS THEY FIX IT! WE WATCH! DOC IMO
Mountainman: Everyone has Been In Hurry Up and WAIT MODE......
Now, the (TIMING) of this MOVEMENT is Ready and Planned as The G-7 Countries w/ J.LEW last Month COORDINATED/PREPARED for this Moment......Yes,Therein is Wisdom=PREPARED.....Are You???
For the TIME and (THEIR) Time is NOW.....IMO
Blessings,Mountainman (8)=New Beginnings.......for A MOVE of the TIMES.......INDEED
Thunderhawk: IMF calls for overhaul of Abenomics stimulus policies
The International Monetary Fund on Monday urged Japan's government to overhaul its stimulus policies by moving income policies and labor market reform to the forefront, supported by more monetary and fiscal stimulus.
Under current policies, the high nominal growth goal, the inflation target, and the primary budget surplus objective all remain out of reach within the timeframe set by the authorities," the IMF said in a statement after 'Article four' annual consultations on economic policy with Japan, Reuters wrote.
The global lender called for a more flexible monetary policy framework with the Bank of Japan abandoning a specific calendar date for achieving its two percent inflation target. It added that Japan would need to raise the sales tax to at least 15 percent to strike the right balance between growth and fiscal sustainability.
"Without bolder structural reforms and credible fiscal consolidation, domestic demand could remain sluggish, and any further monetary easing could lead to overreliance on depreciation of the yen," the IMF said.
http://ift.tt/28Lp6jD
************
Mountainman: As the Asian Markets and TRADE ALLIANCES Rise to their NEW VALUES, it Only is An Awakening from A DREAM for this and Many Countries who have been Drowning thru the Low Value and Demand for their Currencies......
but (NOW) that has and Is Changing for the Weight of the USD is being Lifted as BANGLADESH finds It's Own TRUE IDENTITY and Worth in this NEW AGE of Currency Swaps and TRADE......IMO
Blessings,Mountainman (8)=New Beginnings.....for.....BANGLADESH..........
Thunderhawk: Again another player emerges as bases loaded - 9th inning - 0 strikes - 0 outs GO GLOBAL RV Thunder
Bangladesh signs $130m WB loan
The Bangladeshi government has signed a $130 million additional financing agreement with the World Bank to scale up support for the recently licensed and new economic zones to attract foreign and domestic investment as well as to create more jobs in the manufacturing sector.
The additional financing to the Private Sector Development Support Project (PSDSP) will help develop new Economic Zones through identifying, licensing, and negotiating Public-Private Partnership for economic zone development, said the Washington-based lender in a statement, according to Xinhua.
In the last two years, it said PSDSP helped with the licensing of 16 economic zones and Hi-Tech Parks, and with the assessment of 33 new sites for development as economic zones over the next several years.
"Bangladesh needs to create more and better jobs in the manufacturing sector to accelerate growth and poverty reduction. The economic zones play a critical role in attracting private investment and creating jobs, as the benefits are many. For example, the new zones have reduced the time to register a business by 82 percent." said Rajashree Paralkar, acting World Bank country director for Bangladesh.
http://ift.tt/28KTkiE
If you live in Italy or Spain, it is easy to defend the EU. You can simply point to the many common policy areas, point out a small list of achievements and rest your case. Yes, there is a rise in Euroscepticism in these countries.
But if they held a referendum on EU membership we would not doubt the outcome. The EU has become part of their political DNA, FT reported.
It is harder to make the pro-European case for the UK. But I will try. The case is hard because Britain has opted out of almost all the important EU policy areas: the euro; the Schengen zone of passport-free travel; justice and home affairs; and the charter of fundamental rights. Earlier this year, David Cameron managed to add a few more when he got his special deal in the European Council. His government will be able to dock in-work benefits to EU citizens. And the prime minister managed to absolve the UK from the goal of political integration and 'ever closer union'.
So what is the British electorate being asked to vote on this Thursday? From a British perspective, the EU consists of a single customs area and a single market. They are important to the City of London and large industrial companies. But they are just not important to everybody. If Remain wins, the UK would remain on the outer sphere of the inner circle. If Leave wins, the country will join the inner sphere of the outer circle.
There is a positive case to be made for the inner circle. Not only do the various countries of the EU have common interests, they also have shared values. Even in its current desolate state, the EU is a more powerful vehicle to protect and to project those values globally than national governments.
What are those values? I find it hard to beat the motto of the French Revolution: Liberté, égalité, fraternité. You might prefer different terms and list them in a different order.
I would transcribe them as follows: Freedom paired with openness and tolerance; equal opportunity; and a strong defense of the public good. The latter could encompass more far-reaching notions of income distribution and social protection. Different countries have different preferences. But all EU countries have in common a strong idea of a public sphere.
Liberté, égalité, fraternité is clearly not the slogan of China or Brazil. One of the features of financial globalization has been a rise in inequality of labor incomes. Another has been a renaissance of authoritarian regimes. Many of the emerging countries have shunned the European social democratic economic model in favor of transactional, finance-based US-style capitalism.
Most Europeans still enjoy high degrees of social protection, education and health services that are free at point of use. The EU has managed to hold on to most of these, more or less. But it has failed to become a model for the world.
That was different back in the last decade of the 18th century. The French Revolution became the defining moment in the history of the West because intellectual and economic progress at the time critically depended on a value shift. It would have been impossible to sustain the industrial revolution in the 19th century with the authoritarianism of the 18th century. The values of the French Revolution eventually found their way into political and legal systems of almost all European countries, including the UK, where the writer Thomas Paine set out the principle of inalienable rights. These ideas influenced many political reforms, starting in the UK with the Representation of the People Act 1832. They also underpin the EU’s charter of fundamental rights.
So if you, like me, distrust the vastly exaggerated and implausible economic claims made by the Remain campaign, then consider an alternative line of reasoning: our values are under threat from people like Russian president Vladimir Putin, from Donald Trump if he were elected US president, and from bigots everywhere. They are under threat from global corporations that avoid paying taxes, and from countries that fail to respect climate agreements.
The value argument is not meant in a purely defensive sense. It is not just the protection of values that matters, but also their global projection. The EU has had successes. Its policy towards its immediate neighborhood is far from perfect, but its soft power approach has helped democratic transition and economic development in many central and eastern European countries. When Russia annexed Crimea, the EU managed to impose sanctions and will probably renew them. If, or rather when, the Russian economy collapses, their cumulative effect will have played a role.
It is a shame that the Remain campaign has wasted so much time focusing on economic benefits of EU membership. The EU is, of course, an economic construction. But EU membership is not fundamentally about economics. It is about our way of life.
http://ift.tt/28Lp3Ek
************
Thunderhawk: OH Pappa J take a bow and smile
You called it brother and the cards are now on the table.
Don't worry about the Golden pin, That's reserved for someone else
BACKDOC: WHAT A WEEK THUNDER AND PAPAJ! WITH SINGLE DIGIT INFLATION RATE STARTING NEXT MONTH IT LOOKS LIKE GERMANY WILL SOLIDIFY ITS RELATIONSHIP WITH IRAN! CAN THE THREE MUSKETEERS GET PAID TOO? HEE HEE DOC IMO
Germany to reopen Hermes export guarantees for Iran trade
Germany's Economy Ministry said on Monday it was ready to reopen Hermes export guarantees for trade with Iran.
Hermes covers are a German government arrangement that protects German companies if foreign debtors fail to pay, reported Reuters.
The ministry added that Iran had settled outstanding debts from previous Hermes guarantees.
€500m debt settled
Meanwhile, Iran's Ambassador in Berlin Ali Majedi said the Islamic Republic has cleared its debt to Germany's Hermes insurance company.
Majedi announced that Iran has paid off its €500 million ($569 million) debt to Hermes, IRNA reported.
He added that the payment has removed obstacles to Tehran-Berlin business ties and that the two countries' banks can now boost cooperation.
Earlier, the head of the German banking association said rekindling business ties with Iran calls for 'patience'. "Rebuilding ties with Iran requires patience," Michael Kemmer said in April.
"To begin with, the transactions regimen has to work again before the next step of financing projects can take place," he added.
Kemmer also referred to Tehran's Hermes debt to Berlin and said banking ties between the two countries will revive only after Iran pays its debt to Germany.
One of the main reasons that the Islamic Republic, despite a lasting nuclear deal between Tehran and world powers, was unable to repay its debts to the German firm was the difficulties in working with foreign banks.
On July 14, 2015, Iran and the P5+1 (Russia, China, the US, Britain, France and Germany) finalized the nuclear deal.
While the JCPOA came into force in January, Iran still has still problems in its banking transactions with major foreign banks.
http://ift.tt/28KTk25
************
BACKDOC: THIS IS HUGE! JAPAN IS ABOUT TO DO SOMETHING STRUCTURAL AND BIG! IT WILL SHOW UP SOON! THEY HAVE THE HIGHEST DEBT TO GDP AS WE SHARED WITH YOU. TROUBLE IS UNAVOIDABLE UNLESS THEY FIX IT! WE WATCH! DOC IMO
Mountainman: Everyone has Been In Hurry Up and WAIT MODE......
Now, the (TIMING) of this MOVEMENT is Ready and Planned as The G-7 Countries w/ J.LEW last Month COORDINATED/PREPARED for this Moment......Yes,Therein is Wisdom=PREPARED.....Are You???
For the TIME and (THEIR) Time is NOW.....IMO
Blessings,Mountainman (8)=New Beginnings.......for A MOVE of the TIMES.......INDEED
Thunderhawk: IMF calls for overhaul of Abenomics stimulus policies
The International Monetary Fund on Monday urged Japan's government to overhaul its stimulus policies by moving income policies and labor market reform to the forefront, supported by more monetary and fiscal stimulus.
Under current policies, the high nominal growth goal, the inflation target, and the primary budget surplus objective all remain out of reach within the timeframe set by the authorities," the IMF said in a statement after 'Article four' annual consultations on economic policy with Japan, Reuters wrote.
The global lender called for a more flexible monetary policy framework with the Bank of Japan abandoning a specific calendar date for achieving its two percent inflation target. It added that Japan would need to raise the sales tax to at least 15 percent to strike the right balance between growth and fiscal sustainability.
"Without bolder structural reforms and credible fiscal consolidation, domestic demand could remain sluggish, and any further monetary easing could lead to overreliance on depreciation of the yen," the IMF said.
http://ift.tt/28Lp6jD
************
Mountainman: As the Asian Markets and TRADE ALLIANCES Rise to their NEW VALUES, it Only is An Awakening from A DREAM for this and Many Countries who have been Drowning thru the Low Value and Demand for their Currencies......
but (NOW) that has and Is Changing for the Weight of the USD is being Lifted as BANGLADESH finds It's Own TRUE IDENTITY and Worth in this NEW AGE of Currency Swaps and TRADE......IMO
Blessings,Mountainman (8)=New Beginnings.....for.....BANGLADESH..........
Thunderhawk: Again another player emerges as bases loaded - 9th inning - 0 strikes - 0 outs GO GLOBAL RV Thunder
Bangladesh signs $130m WB loan
The Bangladeshi government has signed a $130 million additional financing agreement with the World Bank to scale up support for the recently licensed and new economic zones to attract foreign and domestic investment as well as to create more jobs in the manufacturing sector.
The additional financing to the Private Sector Development Support Project (PSDSP) will help develop new Economic Zones through identifying, licensing, and negotiating Public-Private Partnership for economic zone development, said the Washington-based lender in a statement, according to Xinhua.
In the last two years, it said PSDSP helped with the licensing of 16 economic zones and Hi-Tech Parks, and with the assessment of 33 new sites for development as economic zones over the next several years.
"Bangladesh needs to create more and better jobs in the manufacturing sector to accelerate growth and poverty reduction. The economic zones play a critical role in attracting private investment and creating jobs, as the benefits are many. For example, the new zones have reduced the time to register a business by 82 percent." said Rajashree Paralkar, acting World Bank country director for Bangladesh.
http://ift.tt/28KTkiE
Thunderhawk: We knew it would happen - just didn't know when - Now is the time....
Close indeed... YES
MIND BLOWING isn't it ?
See you soon Frank, Hope this article = a redbull for you both.
BlessingsThunderHawk
P.S. Hang in there Jack, Seems your trip to china will finally pay off and so will our bank accounts. Can we say Marginalized.
Mountainman: With the TPP and CHINA'S Past Behavior in TRADE these New Realities for the 2 Largest Economies are Trying to Strike a Deal......for the TPP is KING over the NEW SILK ROAD and Cooperation, (Not) Instigation will HELP calm these New GLOBAL Waters of TRADE......
Look at the TIMING of this NOW is Because the New Global Fiscal Year begins October 1 ,2016........
This will be NECESSARY......WHY.....??? .....because SINGAPORE/CHINA is the CAPITAL of OZ and {ALL} Enforcement/Loans/Digital Interaction is Handled here in The Mega Land of OZ
Thus the REASON before the September FALL Season.........the SEASON of Posturing is On HOLD as the NEW REALITY Spins......GLOBALLY......IMO
Blessings,Mountainman (8)=New Beginnings......for a USA/CHINA Hug Fest.......
US sees China investment talks 'productive' after new offers
Bilateral investment talks between the United States and China ‘continue to be productive’, the US Trade Representative's office said on Friday after the two sides exchanged new offers this week.
A USTR spokeswoman said US and Chinese negotiators exchanged revised ‘negative lists’ of sectors that would stay off-limits from foreign investment as they try to reach a deal for a bilateral investment treaty.
"China will need to demonstrate the substantial liberalization of its investment market, ensure that US firms can compete on a level playing field, and address other key priorities to facilitate the progress and successful conclusion of a mutually beneficial and high standard BIT," the USTR spokeswoman said in a statement.
Obama administration officials and US companies have complained that China has over 100 sectors of its economy closed to US investment and that these must be narrowed substantially to reach a treaty deal.
Chinese officials have said that US security reviews of Chinese acquisitions of American firms are too onerous, particularly for investment in high-technology sectors.
The USTR statement did not specify any new sectors that China had offered to open to US investment or divulge other details of Beijing's latest offer.
US businesses have complained about Chinese ownership restrictions in key areas such as financial services, health insurance, agriculture, and audio-visual, while the Chinese side has complained about limited market access in certain US sectors such as transportation, radio communications, natural resources and high-technology companies.
US Treasury Secretary Jack Lewd said that ‘the jury is still out’ on the merits of China's latest negative list, and that Beijing's negotiating stance in the bilateral investment treaty talks were ‘one important barometer’ in China's commitment to reform its economy and open it to foreign competition.
Lewd also has said that time was running short to complete a treaty deal during the final months of the Obama administration and that an optimum time to reach an agreement was prior to a G20 leaders summit in China in early September.
http://ift.tt/28LpjmH
Close indeed... YES
MIND BLOWING isn't it ?
See you soon Frank, Hope this article = a redbull for you both.
BlessingsThunderHawk
P.S. Hang in there Jack, Seems your trip to china will finally pay off and so will our bank accounts. Can we say Marginalized.
Mountainman: With the TPP and CHINA'S Past Behavior in TRADE these New Realities for the 2 Largest Economies are Trying to Strike a Deal......for the TPP is KING over the NEW SILK ROAD and Cooperation, (Not) Instigation will HELP calm these New GLOBAL Waters of TRADE......
Look at the TIMING of this NOW is Because the New Global Fiscal Year begins October 1 ,2016........
This will be NECESSARY......WHY.....??? .....because SINGAPORE/CHINA is the CAPITAL of OZ and {ALL} Enforcement/Loans/Digital Interaction is Handled here in The Mega Land of OZ
Thus the REASON before the September FALL Season.........the SEASON of Posturing is On HOLD as the NEW REALITY Spins......GLOBALLY......IMO
Blessings,Mountainman (8)=New Beginnings......for a USA/CHINA Hug Fest.......
US sees China investment talks 'productive' after new offers
Bilateral investment talks between the United States and China ‘continue to be productive’, the US Trade Representative's office said on Friday after the two sides exchanged new offers this week.
A USTR spokeswoman said US and Chinese negotiators exchanged revised ‘negative lists’ of sectors that would stay off-limits from foreign investment as they try to reach a deal for a bilateral investment treaty.
"China will need to demonstrate the substantial liberalization of its investment market, ensure that US firms can compete on a level playing field, and address other key priorities to facilitate the progress and successful conclusion of a mutually beneficial and high standard BIT," the USTR spokeswoman said in a statement.
Obama administration officials and US companies have complained that China has over 100 sectors of its economy closed to US investment and that these must be narrowed substantially to reach a treaty deal.
Chinese officials have said that US security reviews of Chinese acquisitions of American firms are too onerous, particularly for investment in high-technology sectors.
The USTR statement did not specify any new sectors that China had offered to open to US investment or divulge other details of Beijing's latest offer.
US businesses have complained about Chinese ownership restrictions in key areas such as financial services, health insurance, agriculture, and audio-visual, while the Chinese side has complained about limited market access in certain US sectors such as transportation, radio communications, natural resources and high-technology companies.
US Treasury Secretary Jack Lewd said that ‘the jury is still out’ on the merits of China's latest negative list, and that Beijing's negotiating stance in the bilateral investment treaty talks were ‘one important barometer’ in China's commitment to reform its economy and open it to foreign competition.
Lewd also has said that time was running short to complete a treaty deal during the final months of the Obama administration and that an optimum time to reach an agreement was prior to a G20 leaders summit in China in early September.
http://ift.tt/28LpjmH
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