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Home | World | China’s Xi raises concerns with US’s Trump

China’s Xi raises concerns with US’s Trump

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China’s Xi raises concerns with US’s Trump
 Chinese President Xi Jinping has raised concerns with his American counterpart, Donald Trump, regarding “some negative factors” affecting Sino-American relations.
In a telephone conversation with US President Donald Trump on Monday and before setting off for Russia, President Xi enumerated several factors adversely affecting the Beijing-Washington ties.
Xi expressed Beijing’s displeasure with the recent approval by the US to sell $1 billion worth of arms to Taiwan, a self-ruled island that China considers part of its territory.
The US State Department approved the massive arms sales on Thursday.
Xi told Trump that his government expected Washington to continue managing relations on the basis of the “One China” principle, i.e. recognizing Chinese sovereignty over Taiwan.
President Trump, who had previously questioned the “One China” policy, has reassured President Xi of continued US commitment to the practice. Trump has also more recently sought to court the Chinese president, including by inviting him and his wife to his private estate in Florida in May.
In the Monday telephone conversation, Xi also discussed the US sanctions against a Chinese bank over its dealings with North Korea.
The US Treasury Department imposed new sanctions on the China-based Bank of Dadong and several Chinese nationals on Thursday for having “illicit” financial activities with North Korea.
The recent sailing of a US destroyer within the 12-nautical-mile territorial limit of an island claimed by China in the South China Sea was also another issue raised by the Chinese president.
The maneuver by the US guided-missile destroyer USS Stethem was earlier denounced by Beijing as a “provocation.”
Xi also expressed his opposition to the US deployment of an advanced missile system on South Korea. 
Presstv

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Progressive Insurance announces April results.

Insurer Progressive’s property business propelled the company to profitability in the month of April as policies in force jumped 19% from the same period last year.

The company, whose traditional forte is motor insurance, posted 6% growth in its personal lines.
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