China and Thailand are working together to sign two contracts of the first phase of Thailand-China railway project in September to begin the construction work of the first section in October, Chinese Embassy in Bangkok said in a statement Saturday.
China will limit overseas investments by domestic companies in fields including real estate and sports clubs, while encouraging them to invest in infrastructure and new technology.
A US rule being used to look into Beijing's trade practices is too out of date to provide effective measures to relieve its trade deficit with China, and international trade friction can never be solved through unilateral acts.
