Month: May 2019

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; it differs from company to company,” said Allen.

“But clearly, from a corporate perspective, this Department

of Commerce action has created costs and has escalated the uncertainty quite a bit.”

Asked to comment on some voices in the US calling for the “decoupling” of the two countries, especially in the technology sect

or, Allen said both sides should pursue a playing field of “smart competition and engagement”, in which the

y play by a “common set of rules” that are mainly set by World Trade Organization obligations.

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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 list of job seekers woul

d be those who lose their jobs because of the industrial structural transformation and special type of job see

kers such as veterans. This means at least 12 million urban jobs have to be created this year.

Still, the employment pressure this year is not overbearing for two re

asons. First, the number of job seekers has not increased considerably from last year.

In fact, the number and ratio of China’s working-age people have both d

eclined for the seventh consecutive year. Over the past seven years, China’s working-age

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The debate seems to be generating wide interest in Chi

 China, with related hashtags getting more than 150 million views on Weibo.

Eunice Yoon, Beijing bureau chief and Inside China host at CNBC Interna

tional, tweeted to Regan that 120 million people viewed a Chinese hashtag that she tran

slated to: “Fox News female anchor challenges debate after being accused by CCTV for being emotional”.

Yoon, incidentally, was a former classmate of Regan’s at Phillips Exeter Academy, a prep school in New Hampshire.

“Seeing the kind of reaction online, I want to say, it’s important for us to have a meaningfu

l discussion to try to understand each other better. I appreciate the opportunity,” Liu wrote on May 24.

Liu has been working at CCTV since 1997, after graduating from Nanjing University’s English studies program.

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At present, 5G has become the driving force to boost Ch

hina’s innovative and high-quality development,” Sui Zhenjiang, vice-mayor of Beijing, said on Wedne

sday during a 5G industrial development and investment summit held in Yizhuang, in southeastern Beijing.

“Beijing is actively transforming itself as a national scientific and tech

nological innovation center. With advantages in complete telecom infrastructure, abunda

nt talent and strong research and development capabilities, we have the resolve to accelerate the push for making brea

kthroughs in 5G technologies and build an independent and innovative 5G industrial system,” Sui said.

As of May 24, the three major telecom operators-China Mobile, Chin

a Telecom and China Unicom-have established 4,700 5G base stations in Beijing, acc

ording to Wang Gang, head of the Beijing Municipal Bureau of Economy and Information Technology.

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f rice and fertilizer futures, guiding more compan

anies and fund managers entering the market, and assisting in formulating the Futures Law.

“As prices of bulk commodities fluctuated frequently and shar

ply in recent years, the real economy has a huge demand for risk management,” Lu said, str

essing the importance of accelerating the development of the futures market amid uncertainties.

China stepped up efforts to open up the commodity futures mar

ket last year, making three futures contracts available to f

oreign investors so far, including crude oil, iron ore and purified ter

ephthalic acid (PTA), a raw material for making plastics.

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During the team’s 40-day intensive training in Nepal, the

heir Sherpa guides had taught them how to maintain healthy blood circulation and remain safe in crowded conditions, she said.

This spring, 144 foreign and 12 Chinese climbers have also attempted to con

quer Qomolangma from Tibet, according to the Tibet Mountaineering Association. “D

espite having a smaller number of climbers, traffic jams also happened on the Tibetan side,” Ma said.

“Crowds are usual on some mountains. It’s not a new phenomenon. Climbers often lose their live

s when they don’t follow the instructions of Sherpa guides and make decisions on their own,” Kami Ri

ta, an experienced Sherpa who has reached Qomolangma’s summit 24 times, told Xinhua News Agency.

Sherpas are aware of every twist and turn and which paths to follow up mountains, so he urged the Nepali government to dis

courage mountaineers from climbing mountains without guides in order to prevent casualties.

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Ameesha Chauhan, who is in a hospital in Kathmandu

andu recovering from frostbite she contracted during crowded conditions, told AFP that cli

mbers without basic skills should be barred to prevent a recurrence of this year’s deadly season.

The 29-year-old Indian had to wait 20 minutes to come down from the peak. She saw some clim

bers without basic skills fully relying on their Sherpa guides. Officials should change the qualification cri

teria. Poorly trained climbers put their own lives at risk and also the lives of the Sherpas, Chauhan said.

Some climbers died due to their own negligen

ce. They insisted on reaching the top even when their oxygen was running out, she added.

New European Parliament reflects divided policy options

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administration escalating tariffs and Beijing retaliating.

It is important that we come to an agreement over time that addresses the problems that we have identified. And the sooner the better,” Allen said.

He said the council had opposed the use of tariffs from the very beginning and hop

ed a “mutually acceptable and supportive” agreement could be reached in the near term.

“But, currently, we are moving away from that agreement. We want to get back to moving toward a

n agreement so that our two economies can begin to interact with each other in a more normal manner,” he said.

Allen, who was in Lexington, Kentucky, last week for the Fifth US-China Governors Fo

rum, said he had spoken to a number of Chinese investors in Kentucky and throughout the United St

ates who are bringing jobs and opportunities that did not exist previously.

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ale Zhang, managing director of Shanghai-based con

nsultancy Automotive Foresight, said SEAT’s smaller cars will help its parent company to reach custo

mers in China’s smaller cities, where electric cars built on Volkswagen’s own platforms would be less affordable.

Volkswagen, as well as its subsidiaries from Audi to Porsche, plan to deliver aro

und 1.5 million electrified vehicles, most of them pure electric cars, in China by 2025.

It also expects global sales of electrified vehicles will total 22 million by 2028, and half of them will be produced in China.

China overtook the United States as the largest producer and market of new energy vehicles in 2015.

The China Association of Automobile Manufacturers expected sales of su

ch vehicles to reach at least 1.6 million this year, up from 1.2 million in 2018.

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Nearly three years after the United Kingdom voted by per

rcent to 48 percent to leave the EU, it remains a member and its politicians are still argui

ng over how, when or even whether the country will leave the club it joined in 1973.

May quit on Friday, saying it was a matter of deep regret that she had been unable to deliver Brexit and

arguing that the decision of the 2016 referendum should be honoured. That opened up a period of furt

her uncertainty as the Conservatives decide on who will take over as party leader and prime minister.

BBC projections put the Conservatives on around 10 to 12 percent, down fr

om 23 percent in 2014, likely to be one of the party’s worst results in a nationwide election ever.

The Brexit Party was in first place, and was likely to do better than

the UK Independence Party did in 2014, according to BBC projections.

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