Comments Off on The spike in trade tensions has already rattled financial
markets. The yuan has weakened by 2 percent to its lowest level since January.
“We expect stock markets and the yuan to remain under pressure in the near term, though they c
ould be supported by an expected stabilization in the domestic economy later this year,” Wu said.
Sheng Songcheng, the former director of the Survey and Statistics Department in the Peo
ple’s Bank of China, said the truth is that imposing more tariffs on Chinese goods has not yet reduced US trade deficits.
The long-lasting US trade deficits in goods was formed from the US
dollar’s international status, its domestic low deposit rate and the US position in the glo
bal value chain, and those factors cannot be changed by protectionist measures, Sheng said.
Comments Off on In the men’s singles, the 3rd-ranked Shi Yuqi concede
d the first game 15-21 but found his rhythm and controlled the match to take the last two gam
es 21-5 and 21-11, stunning the world’s No 1 Kento Momota to seal the victory for China.
Earlier, China who has competed in every edition of the biennial tournament, has recorded two Cu
p-winning streaks of four (1995-2001) and six (2005-2015) titles during the 30-year history of the Su
dirman Cup, including the 2015 final which China also defeated Japan 3-0.Strong winds and heavy rainfall hit Bei
jing Sunday morning, causing over 100 flights to be canceled and delays for dozens of trains.
The capital’s meteorological bureau on Saturday af
ternoon issued a yellow alert for lightning expected in the city from 2 am S
unday until 2 pm in the afternoon. It also warned that some areas might face gusts of wind gusts and hail.
Comments Off on Xi hailed Zhang’s deeds, saying the elderly hero hid the
for more than 60 years and stayed true to his original aspirations. As a s
oldier, Zhang defended the country; as a civilian, he works for the people’s well-being, Xi said.
Zhang lives a life of simplicity, purity and indifference to fame and fortune, serving as a role
model for military officers, rank-and-file soldiers and veterans across the country, Xi said.
Zhang, a member of the CPC, was a soldier of Brigade 359 of the Northwest Field Ar
my, one of the main forces of the Chinese People’s Liberation Army during the Liberation War between 1945 and 1949.
He was honored by the Northwest Field Army sever
al times for performing meritorious deeds as he braved enemy fire. He was twice given the honorary title of C
Comments Off on also said it is delaying its launch of Huawei’s 5G smartphones.
Jia Mo, an analyst at Singapore-based market research company Canalys, said the delayed prod
uct releases in certain markets will harm Huawei‘s smartphone business, but Huawei is working on its ow
n mobile operating system, which can help relieve some pressure in the domestic market.
On Thursday, in response to media reports that UK chip firm Arm Holdings told its staff to suspend dealin
gs with Huawei, Ren Zhengfei, CEO of Huawei, said in an interview with Chinese financial media website Caixin that his co
mpany has acquired a permanent licensing of the ARM architecture, the basis for Huawei to design its chips.
Arm China also said in a reply to China Daily that “we are in active com
munication to find appropriate solutions that comply with current laws and regulations”.
Comments Off on China’s GDP reached 21.34 trillion yuan in the first three
months of 2019, up 6.4 percent year-on-year, according to data released by the National Bureau of Statistics.
Xinjiang is the last province to release its local GDP figures. During the
first quarter, Xinjiang’s GDP reached 217.77 billion yuan, up 5.3 percent year-on-year.
In terms of GDP growth rate, a total of 17 regions saw their GDP numbers exceed the “nation
al line” of 6.4 percent. Among them five came from the eastern region and six each from central and western areas.
All the top three came from China’s western area. Yunnan province posted the fastest
growth rate of 9.7 percent year-on-year, followed by Guizhou (9.2 percent) and Tibet (9.1 percent).
The bottom three are Jilin province, Tianjin municipality and Heilongjiang pro
vince, Jilin province, with a growth rate of 2.4 percent, was the weakest performer.
Comments Off on The panda is a rare all-white individual in wild pandas, whi
Comments Off on Share planning with Brazil
Comments Off on At a meeting held in Nanchang, capital of Jiangxi, on
n Tuesday afternoon, Xi called for efforts to make new advances in the development of the countr
y’s central region. Xi presided over the meeting, at which he was briefed by the Party secretaries of Shanxi, Anhui, Jiangxi, He
nan, Hubei and Hunan provinces, as well as He Lifeng, head of the National Development and Reform Commission.
Promoting the rise of the central region is an important strategic decis
ion made by the CPC Central Committee, Xi said, adding that it has great significance in ac
hieving the goal of building a moderately prosperous society in all respects.
Xi said that although China is still in an important period of strategic opp
ortunity for its development, the country faces an increasingly complicated international situation.
Comments Off on Although Huang was diagnosed with mild schizophrenia, th
the court said that it was not able to exempt him from punishment as the disorder d
id not have an obvious influence on his ability to distinguish between right and wrong.
“He had an extremely despicable motive, used an extremely cruel manner to carry out the cri
me, and caused a severe consequence and extremely negative social impact,” the court said.
The court pointed out that Huang had planned to carry out the crime for a long time, visiting
several kindergartens and primary schools in Shanghai and Guangzhou, South China’s Guangdong pro
vince, before deciding where to carry out the attack.Police examine the site of a knife attack that occurred in downtown Sh
anghai leaving two boys dead and another boy and a parent wounded on June
Comments Off on ietnam surpassed India to become the largest buyer of Chin
a’s photovoltaic products. Export value to Vietnam rose 239 times to $739 million in the fi
rst quarter, taking up 16.8 percent of China’s total photovoltaic export value.
With the European Union ending its anti-dumping and anti-subsidy meas
ures, photovoltaic exports from China to Europe also saw large increase in Q1.
The country’s photovoltaic products export volume to the Netherlands and Spain increased 1,049.6 percent and 158.3 perc
ent, respectively, in the first quarter, said the report. It predicted that the emerging markets, such as Mexico, Aus
tralia, Turkey, and the United Arab Emirates will further boost the export of China’s photovoltaic modules.
The export of China’s photovoltaic products to the United States dropped 28.9 pe
rcent to just 0.01 GW in the first quarter, the report said. The Section 201, Section 3