This is because exports became unsustainable and would put too much strain on ties with the rest of the world, specially as protectionism grew.
At Tuesday’s talks, North Korea said it would attend the Winter Olympics in the South next month, and both sides agreed to resolve problems through dialogue and revive military consultations to avoid accidental conflict.
“As a responsible major country, China has something to say,” Xi Jinping said in his first New Year address of his second-five year term, telecast live all over the country.
“The Doklam standoff pushed the two Asian powers to the brink of war, becoming the biggest crisis between them in the past 55 years,” said Long Xingchun, Director of the Centre for Indian Studies at China West Normal University
Trial work has already begun for that commission, which is likely to be formally codified in law in March at the meeting of China’s largely rubber stamp parliament.
The world’s second-largest economy bought goods worth $100.18 million from North Korea in the last month, up from $90.75 million in October.
The party under Xi’s leadership has repeatedly warned that it will not tolerate dissenting voices, and the official People’s Daily struck a firm note in pressing home that message against a phenomenon it termed “de-centralism”.
The Global Times, a newspaper published by the ruling Communist Party, said the report “reflects Washington’s reluctance to accept the reality of China’s rise.”
China hopes the United States can abandon its mentality of zero-sum games and seek common ground while respecting differences, China’s US Embassy said on its website.
China’s economy grew at a faster-than-expected 6.9 percent over the first nine months of the year, but Beijing’s campaign to reduce risks in the financial sector has pushed up borrowing costs, raising concerns GDP growth could take a hit next year.
China has been furious about the deployment of the U.S.-made Terminal High Altitude Area Defence (THAAD) anti-missile system in South Korea, saying its powerful radar can see far into China.
China consistently reminds its people of the 1937 massacre in which it says Japanese troops killed 300,000 people in what was then its capital.
Xi, who also heads the CPC, has proposed to develop a new model of party-to-party relations with different political parties of the world in order to seek common ground while shelving differences, and to respect and learn from each another.
The haste with which the government, led by President Abdulla Yameen, decided to pass the pact — the session took barely half an hour — is being perceived here as Male trying to cosy up to China.
Zhang headed CMC Political Work Department, which is responsible for the military’s Party construction, organisation and political education. It is considered the military’s lifeline.