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China supports peaceful settlement of disputes over territory and maritime rights and interests in line with such treaties as the UN Charter and the UNCLOS and general international law, and strives to reinforce cooperation with the Arctic States in maritime and air search and rescue, maritime early warning, emergency response, and information sharing.

China was only part of the US multilateral trade problems caused by a low savings rate, said Roach, as the US trade gap widened in 2018 to a 10-year high of 1 billion, and it had a goods deficit with as many as 102 nations.

China should give priority to developing renewable energy, low-carbon infrastructure, green technologies and energy-efficient buildings as it makes efforts to recover the economy, and avoid driving the recovery with fossil energy, he said.

China ranked fourth among Kentucky's export destinations in 2017, when exports surged by 60 percent to an all-time high of .81 billion. That was due in large part to a substantial increase in the number of vehicles shipped to China, including the Lincoln Navigator and Lincoln MKC, according to a release from the governor's office.

China will also shore up points of institutional weakness and address financial violations at the root, CBIRC said.