May 2019 archive

In a statement on May 16, Huawei said that losing acce

ss to US suppliers “will do significant economic harm to the US companies” and affect “tens of thousands of US jobs”. In total, US firm s sold an estimated $11 billion worth of components to Huawei last year, according to earlier media reports. “I’m not able to tell you exactly what the costs will be; …

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On Tuesday, a picture showing a questionnaire that a lo

ocal kindergarten had used to ask children whether they we re involved in gangs went viral on the internet. The local educational bureau said that the rese arch was meant to stop bullies in kindergartens instead of finding gangster members. Over 90 percent of Hong Kong college students responding to a survey said they were …

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Xi calls for bolstering reform and developmentforts to p

Xi Jinping, general secretary of the Communist Party of China Central Committee, called on Wednesday for further efforts to prevent and eliminate major problems in the nation’s reform and development against the backdrop that uncertainties and instabilities are on the rise. Xi, also Chinese president and chairman of the Central Military Commission, made the remarks …

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employment market, based on big data of online recruit

 this year was 1.68, down from 1.91 in the first quarter of 2018. Although the figure was above 1, the balance line, it was the first decline since the beginning of 2018. About 8.34 million new college graduates and 2 million migrant workers are expected to enter the job market this year. Added to the …

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A great debate set over tariffs, technologyhorwom

Two television anchorwomen — one from China and one from the US — will debate two sides of the long-running trade dispute between the two countries. Liu Xin, a mainstay of the China Global Television Network, and Trish Regan, a former CNBC busi ness correspondent who now hosts her own show on the Fox Business …

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China is the world’s largest producer of rare earths, acco

counting for about 80 percent of global supply. However, the country’s rare-earth industry is faced with such pro blems as rapidly decreasing inventory, inefficient production and environmental pollution. Analysts also said that the low prices of China’s exports have failed to reflect the real value of the precious resource. The division of labor of the …

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China’s Qomolangma climbing season runs from April 10 t

At least four deaths have been blamed on crowding during the climbs, Agence France-Presse reported. People should be well prepared to handle Qomolangma’s traffic jams which are common phenomena along climbing paths, said alpinists who had reached the summit. “Although the news about the jam on Qomolangma this year has gone viral, people should understand …

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So far EU ministers have only agreed a modest mandat

 to discuss reductions in tariffs in industrial goods and to seek agreement on conformity assessments. EU Trade Commissioner Cecilia Malmstrom is opp osed to any quota agreement on cars and has lambasted the national security excuse put forward by the White House. The most prominent supporter of free trade is the center-right European People’s Party …

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President’s Russia visit eyes global stabilitys talks with his

President Xi Jinping’s upcoming visit to Russia reflects close cooperation between China and Russia, which is important to maintain the stability of the international community amid rising uncertainties, analysts said. Xi will make a state visit to Russia from June 5 to 7 and attend the 23rd St. Petersburg International Economic Forum, Foreign Ministry spokesman …

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Still, the victory of the Brexit Party could prompt the Cons

servatives to choose a new leader to campaign on a “no-deal” Brexit. But this has little or no chance of being accepted by the British parliament, which means the B rexit stalemate will continue until there is a general election or a second referendum. In any case, the normally pr ofree trade voice of the …

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