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Wang echoed comments by President Xi on Monday at a major trade expo that Beijing will embrace greater openness, amid mounting frictions with the United States. Trump has railed against China for what he sees as intellectual property theft, entry barriers to U.S. business and a gaping trade deficit. “Negativity and anger are not the way to address the problems that have emerged in economic globalization, nor will barriers or disputes help solve one’s own problems,” Wang said. “Instead they would only exacerbate global market turbulence.”.
Beijing supports the settlement of international disputes via rules and consensus and stands against unilateralism and crystal rope cufflinks protectionism, he added, “Trade and economic cooperation remain the anchor and propeller of a steady and healthy China-US relationship which is in essence mutually beneficial, China will stay calm and sober-minded, embrace greater openness and work for mutual benefit.”, The United States and China will hold the top-level diplomatic and security dialogue in Washington on Friday, the U.S, State Department said..
WASHINGTON (Reuters) - U.S. Federal Communications Commission Chairman Ajit Pai on Monday wrote the chief executives of major telephone service providers and other companies, demanding they launch a system no later than 2019 to combat billions of “robocalls” and other nuisance calls received monthly by American consumers. In May, Pai called on companies to adopt an industry-developed “call authentication system” or standard for the cryptographic signing of telephone calls aimed at ending the use of illegitimate spoofed numbers from the telephone system. Monday’s letters seek answers by Nov. 19 on the status of those efforts.
The letters went to 13 companies including AT&T Inc, Verizon Communications Inc, T-Mobile US Inc, Alphabet Inc, Comcast Corp, Cox Communications Inc, Sprint Corp, CenturyLink Inc, Charter Communications Inc, Bandwith Inc and others, Pai’s letters raised concerns about some companies current efforts including Sprint, CenturyLink, Charter, Vonage, Telephone and Data Systems Inc and crystal rope cufflinks its U.S, Celullar Corp unit and Frontier Communications Corp, The letters to those firms said they do “not yet have concrete plans to implement a robust call authentication framework,” citing FCC staff..
The authentication framework “digitally validates the handoff of phone calls passing through the complex web of networks, allowing the phone company of the consumer receiving the call to verify that a call is from the person supposedly making it,” the FCC said. YouMail, a company that blocks robocalls and tracks them, estimated there were 5.1 billion unwanted calls last month, up from 3.4 billon in April. The FCC has taken a number of actions to try to deter robocalls or automated, prerecorded calls that regulators have labeled a “scourge.”.
“We need call authentication to become a reality — it’s the best way to ensure that consumers can answer their crystal rope cufflinks phones with confidence, By this time next year, I expect that consumers will begin to see this on their phones,” Pai said, “I am calling on those falling behind to catch up ., If it does not appear that this system is on track to get up and running next year, then we will take action to make sure that it does.”, FCC Commissioner Jessica Rosenworcel, a Democrat, earlier this year called on the FCC to set a deadline and noted “Canada went ahead and set a 2019 deadline to put this technology in place, We should be doing the same as our neighbors to the north.”..
(Reuters) - General Electric Co (GE.N) is in talks to sell its commercial lighting business to private equity firm American Industrial Partners, Bloomberg reported on Monday, citing people familiar with the matter. The deal could be announced as soon as this week, Bloomberg reported here. GE, which replaced its former chief executive officer, John Flannery, with outsider Larry Culp in a surprise move last month, has been shedding businesses to focus on jet engines, power plants and renewable energy.
NEW YORK (Reuters) - Energy and financial stocks pushed U.S, equities higher on Monday, on the eve of U.S, midterm elections to determine whether President Donald Trump’s Republican Party retains control of the U.S, Congress and ahead of a meeting of Federal Reserve policy makers, Choppy trading in oil left prices mixed after five days of heavy losses as the United States imposed a range of sanctions aimed at curbing oil exports by Iran, The Trump administration’s decision to re-impose sanctions on crystal rope cufflinks Iran’s exports lifted oil prices for much of the day, boosting many U.S, shares, But the Nasdaq index fell, pressured by slumping shares of Apple and Amazon, Nikkei reported Apple has told two smartphone assemblers to halt plans for additional production lines dedicated to the lower-cost iPhone XR..