wei has long been preparing for independent research and development in core technologies. It has the ab
ility to adjust to changes in the global market,” said Xiang Ligang, director-general of the Information Consumption Alliance.
Huawei has also made preparations with core chipsets. Existing st
ocks are thought to provide the company with a buffer of six months to a year, he said.
The root cause for the repeated twists and turns in the China-US trade talks lies, to a
great extent, in the United States’ serious deviation from, and disdain for, the objective laws of eco
nomics. The fact that China will never accept its unreasonable demands further complicates the matters for the US.
The US administration’s often competing and clashing objecti
ves－though many of them are understandable－cannot be realized simultaneously. For instance, the
US hopes to revive its industries and boost its real economy while maintaining the huge bubble in its financial market.
es and objectives in the trade talks should be a warning for it to more strictly stick to its principles. And t
he fact that the US wants to challenge the laws of economics should not be reason for China to try to do the same.
Australian Prime Minister Scott Morrison said his go
vernment had delivered a miracle result in Saturday’s election where it
unexpectedly looks set to retain office, saying the victory was for the “quiet Australians” who supported him.
“I have always believed in miracles!” Morrison told an e
xuberant room of Liberal Party supporters around midnight.
The coalition government is in position to remain in power with mor
e than half the votes counted on Saturday, though it is uncl
ear whether it can govern with an outright majority and final results may not be known this weekend.
tains, deserts, oceans and a lack of accurate meteorological information. The number o
f meteorological disasters in the regions is more than double the global average, the administration said.
Wei Caiying, deputy general-director of the National Satellite Meteoro
logical Center, said that real-time disaster monitoring by meteorological satellites coul
d provide these countries with a scientific basis for disaster prevention and reduction.
“Weather-related disasters such as typhoons pose a threat to life and property. T
racking their path could help local authorities decide how to proceed with evacuations,” she said.
In addition to real-time monitoring, the China Meteorological Administration set up the Emergency Support Mechanism for int
ernational users of Fengyun satellites last April, which covers disaster prevention and mitigation.
Sure, there are exceptions to this, but by and large human bein
Museums provide culture and inspire learning in the youth and popu
lation of a country, and lead to an increased sense of wonder and desire to explore.
For purely selfish reasons, corporations and businessmen should strive to support museums and other cultural de
stinations, in hopes that generations of future workers are more creative and able to do good work.
gs tend to look up to things that are difficult or costly to access.
A better option is to charge fees for regular visitors but provide free ticket
s as prizes for high-achieving students and others who are likely to appreciate the reward.
rities to introduce more favorable policies and regulations for the enterprises bas
ed in the US, which is essentially a combination of representative democracy and market econ
omy. Under such circumstances, how can the US promote sustainable reindustrialization?
Besides, reindustrialization is not possible without rebuilding or strengthen
ing infrastructure facilities. And although the US leader has been claiming to implement a trillion-dollar infrastructure
plan－and even made it one of the pillars of his “Make America Great Again” campaign－not much has come of it.
Another major problem is that the return on equity in the infrastructure sector is a mere 3 percent w
hile that in the US capital market is about 12 percent. So how can the US attract more private cap
ital to the infrastructure sector without guaranteeing a return on equity equal to that in the capital market?
ment to the reindustrialization process, which could be viewed as a sort of financial Dutch disease－the apparent causal relationsh
ip between the increase in the economic development of a specific sector and a decline in other sectors. The more
heated the US stock market gets, the more serious the Dutch disease will become. And, ironically, the US leader is k
een on strengthening the stock market to showcase his political and economic track record.
Besides, the US administration cannot launch large-scale infrastructure construction projects, significantly red
uce the trade deficit with China and deny Chinese investors access to its market all at the same time.
The US’ trade deficit stems from its extremely low national saving
s rate and has to be compensated by other countries’ national savings, which in turn
adds to the trade deficit. On the other hand, China’s efficiency in the manufacturing industry mak
conflicting goals have resulted in the trade conflicts with China an
d other countries. For instance, China’s exports to the US grew 11.3 percent
and its trade surplus with the US increased to $323 billion in 2018, up 17.3 percent year-on-year.
Moreover, Washington has forbidden US companies to sell chips to ZTE, a Chinese multinational telecommunications equip
ment and systems company, even after imposing huge fines on the company. By so doing, the US has act
ually encouraged China to increase investment in its high-tech sector. So, even if China and the US
were to strike a deal, China would be prompted to import lower volumes of energy and agricultural products from the US.
ut is confrontation,” said Solana, who is currently president of the ESADE Center for Global Economy and Geopolitics of Spain.
The senior politician and diplomat expressed concerns over the trade frictions between China and the United States, w
hich have conducted 11 rounds of trade negotiations, but have yet to reach an agreement.
The world’s two largest economies should engage in dialogue on an equal footing, Solana said.
“If they fail to resolve their trade problems, the global economy will start to suffer from this crisis,” he said.
In a global situation where protectionism and unilatera
lism are on the rise, a multilateral approach has to be maintained, he said.
Solana praised China’s hosting of the Conference on Dialog
ue of Asian Civilizations, and said this type of event could boost cooperation among different countr
said on hearing the British national anthem playing, she felt too weak to stand on the podium.
“I felt very guilty for not winning the gold for my coach, my teammates and my country. We have
been working so hard for this world championships. It is the biggest event before the Tokyo Olympic Games.”
“Many fans came up to console me and some of them are British. I know most people know what is fair play,” Zheng said.
Having trouble discerning one furry panda from another? A facial recognition app will make it easy for you.
The app is developed by the China Conservation and Research Center for Giant Pan
das along with researchers in Singapore Nanyang Technological university and Sichuan Normal University.
The image analysis research kicked off in 2017. A database now contains about 120,000 images and 10,000 video clips of giant pandas.
ongzhong, secretary of the Tianjin Municipal Committee of the Communist
Party of China, said Tianjin would embrace a new era of intelligence, create a new intelligen