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WASHINGTON — U.S. Treasury Secretary Jacob Lew on Thursday said that the Obama administration will continue pushing forward negotiations on a bilateral investment treaty (BIT) with China so that it would be as close to done as possible before President Barack Obama leaves office.

“We had extensive discussions at our Strategic and Economic Dialogue and on the margins of the G20 meetings. There’re ongoing negotiations, there’re exchanges of offers,” Lew said of BIT talks at an event hosted by the Peterson Institute for International Economics (PIIE) on the sidelines of the annual meetings of the International Monetary Fund (IMF) and the World Bank. (US-China-Bilateral Investment Treaty)
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LIMA — Peruvian President Pedro Pablo Kuczynski and visiting Chinese Foreign Minister Wang Yi met here on Wednesday, with both sides pledging to promote their bilateral comprehensive strategic cooperation.
Kuzynski said his visit to China last month was a success, with plenty of consensus reached with Chinese President Xi Jinping. (Peru-Chinese FM-Visit)
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BUDAPEST — China’s Belt and Road Initiative is a new way of cooperation between China and other countries for mutual benefits, Imre Hamar, the Hungarian director of a newly-opened research center on the issue, has said.
In a recent interview with Xinhua, Hamar, a sinologist who heads the Belt and Road research center affiliated to the Faculty of Humanities of Eotvos Lorand University in Hungary, said the center was his brainchild which had won strong support from the university. (Hungary-Belt and Road Initiative)
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JAKARTA — Indonesia will send a delegation to China’s Hangzhou city to learn how the city manages its famous tour destination Xi Hu lake, seeking more cooperation with China in tourism sector.
The assignment was related to Indonesia’s plan to further develop Lake Toba in North Sumatra province as one of ten new tour destinations developed by government to boost tourism sector. (Indonesia-China-Tourism) Enditem

Source: Xinhua/NewsGhana.cm.gh

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