Brazil has replaced the亚博娱乐官网平台千花网hina’s largest sour

rce of soybeans and cotton, and soon the US will also be substituted by other cou

ntries as the main supplier of chicken and wheat to China, if the trade row continues.亚博娱乐官网平台千花网女神会所

Japan now has free trade agreements with the European Union and some trans-Paci

亚博娱乐官网平台千花网fic countries, such as Australia and Canada, and the US has lost its advantage in its trade with Japan, not o

nly in soybeans and wheat-last year, US exports of pork to Japan declined by 35 percent.亚博娱乐官网平台千花网

Coercing Japan to buy US agricultural products will not be sustainable, and ther

e is still a long way to go for the US administration to ease the anxiety of its farmers.

亚博娱乐官网平台千花网女神会所Police in Fuzhou, the capital of Southeastern China’s Fujian province, said on Su

nday they had seized a handgun found in a FedEx parcel and launched an investigation into the case.

The parcel, carried by the United States express delivery service pro

vider, was shipped to a sporting goods company in Fujian from an American client, accor亚博娱乐官网平台千花网

ding to a statement released by the public security bureau of the city’s Jin’an district on its Sina Weibo account.

The handgun was discovered in the package and seized by polic

亚博娱乐官网平台千花网女神会所e, the statement said without releasing further details of the contents of the parcel.

It is not the first time that FedEx, which launched its business in China more than thre

e decades ago, has prompted official probes into alleged violations of Chinese postal regulations recently.亚博娱乐官网平台千花网

In early June, FedEx was placed under investigation after Huawei, one of China’s largest telecommunications ma

亚博娱乐官网平台千花网女神会所nufacturers, said it had diverted two parcels sent from Japan and addressed to Huawei in China to the US.

Initial results from the probe, released in late July, refuted Fed-Ex’s claim that the rerouting was an “operational error”. The com

pany was also suspected of holding back over 100 packages that Huawei had intended to deliver to China.

www.daochuwan.cn

Grassroots officials c亚博娱乐官网平台千花网ulesngzhou and

The Xiangzhou district government of Zhuhai special economic zone in S

亚博娱乐官网平台千花网outh China’s Guangdong province published a special notice recently, requiring all gove

rnment departments, organizations and units in the district to establish no more than one WeChat working group.亚博娱乐官网平台千花网

Furthermore, “no work assignments and work related content are allowed to be pub

亚博娱乐官网平台千花网lished or forwarded on the WeChat working group after work,” the notice said.

“The move aims to help reduce the daily work burden on grassroots level officials and employees,” it said.亚博娱乐官网平台千花网女神会所

Xiangzhou district has taken the lead in Guangdong, the window of China’s reform a

nd opening-up, to have issued such a notice that requires “one unit, one WeChat group” in its district.

亚博娱乐官网平台千花网The move has drawn much attention from the pu

blic, and the district has quickly hit the media spotlight at home and abroad.

Chen Hongqiang, a local grassroots official, said he is in favor of the notice.亚博娱乐官网平台千花网

“One WeChat group in one unit, and no work assignments and related content are allowed to be published in the

WeChat group after work – that is good news for the mass grassroots officials,” he said.亚博娱乐官网平台千花网女神会所

“That would certainly help reduce the burden of the grassroots officials who have to frequently work overtime,” he said.

亚博娱乐官网平台千花网Chen said he was really frustrated in previous years when he was sometimes called back to his unit to work overtime or d

uring weekends.Xiangzhou is not alone. The General Office of the Communist Party of China Central C亚博娱乐官网平台千花网女神会所

ommittee released a circular in March, requiring more effort be made to solve problems

arising from too much formality in order to reduce the burdens on grassroots-level officials.

www.shoppingfair.org

When US President Don亚博娱乐官网平台千花网p assumed office in Jan

anuary 2017, he pledged GDP growth at 4 percent. More recently, he projected

亚博娱乐官网平台千花网女神会所US growth at 3 percent. Yet analysts estimate US growth this year at 2.5 percent or less. Quali

tative assessments suggest deterioration, as the growth of domestic demand is slumping.

Worse, US GDP growth forecasts for 2020 indicate softening to 1.8 per亚博娱乐官网平台千花网

cent, possibly a (near-recession) slowdown-especially if trade and tech wars still

escalate. In the absence of negative surprises, China’s GDP growth is lik

亚博娱乐官网平台千花网ely to stay within the target of 6.2 percent in 2019 and possibly in 2020 as well, with

supportive fiscal and monetary conditions. US tariff wars are likely to penalize the Chinese economy by less

亚博娱乐官网平台千花网女神会所than 0.5 percent of GDP, which could be offset by just a modest depreciation of the renminbi.

If recent policy mistakes in the White House prevail, slower growth in i

nvestment spending, rising concern for continued trade wars and destabilizing geopolitics are likely to foster downside亚博娱乐官网平台千花网

risks in global economic prospects, as risks for further downgrades morph into actual realities.

The author is the founder of Difference Group and has served at India, China and

亚博娱乐官网平台千花网女神会所America Institute (US), Shanghai Institutes for International Studies (China) a

nd the EU Centre (Singapore). The views of the article do not necessarily represent those of China Daily.

Key indexes decline as US threat to impose tariffs rattles global investors亚博娱乐官网平台千花网

China’s A-share market, together with other Asian peers, tumbled on Friday, after the

unexpected tariff threat from the United States overnight rattled investors globally.

亚博娱乐官网平台千花网女神会所The benchmark Shanghai Composite Index fell by 1.41 percent to close at 2867.84 poi

nts, while the smaller Shenzhen Component Index ended 1.42 percent lower at 9136.46 points.

More than 3,000 shares, or 85 percent of the shares listed on mainland bourses in total, registered losses on亚博娱乐官网平台千花网

Friday, with brokerages, energy equipment manufacturers and the shipping sector leading the fall.

亚博娱乐官网平台千花网女神会所Low investor sentiment was witnessed in other Asian bourses on Friday, with Hong Kong’s Hang Seng, Japan’s Nikkei a

nd South Korea’s Kospi losing 2.35 percent, 2.11 percent and 0.95 percent, respectively.

www.cdyyfq.cn

ability essential for Hon亚博娱乐官网平台千花网’s well-beinina Dai

To bring an end to the protests sparked by the proposed amendments to the special administrative region’s extradit

ion law, Hong Kong’s Chief Executive Carrie Lam Cheng Yuet-ngor announced on Tuesday her ad亚博娱乐官网平台千花网

ministration’s decision not to restart the suspended legislative process for the amendments, saying the “bill is dead”.

亚博娱乐官网平台千花网女神会所The demonstrations, some of them violent, have threatened the health of the city’s economy and thus the well-being of its resi

dents, and Lam also unveiled a raft of practical initiatives aimed at strengthening communication between th

e SAR government and the public, with the ultimate objective of improving governance in the SAR.亚博娱乐官网平台千花网女神会所

It might be demanding too much of those leading the protests to have the kind of vision and political courage exhibited by the chief exec

亚博娱乐官网平台千花网utive in her willingness to make compromises in policymaking in the face of public opposition. But they sh

ould have the wisdom to realize that persistent political conflict and unrest do not bode well for the city and residents, es

pecially at a time when the local economy is still licking its wounds from the ongoing Sino-US trade row.亚博娱乐官网平台千花网女神会所

Hong Kong’s economy has slowed significantly over recent months, with the yea

亚博娱乐官网平台千花网r-on-year GDP growth having eased to 0.6 percent in the first quarter of this year — the

slowest expansion in a decade — as both foreign trade and domestic consumption have been hard hit by the tra

de conflict between the Chinese mainland and the United States, the city’s two largest trading partners. Any es亚博娱乐官网平台千花网女神会所

calation of the social conflict witnessed recently will only further harm Hong Kong’s economy and people’s livelihoods.

亚博娱乐官网平台千花网Yet, the organizers of some of the mass rallies have said they will announce

more protests in the coming days until the bill is officially withdrawn from the legi

slative agenda. But more social unrest will only hinder efforts to tackle the fundamental problems that have a ta亚博娱乐官网平台千花网

ngible effect on the lives of Hong Kong residents, particularly the younger generation — such as the severe housing s亚博娱乐官网平台千花网女神会所

hortage, lack of social upward mobility and the widening wealth gap, which have fueled the social discontent.

www.qianpdd.com

Buildings at Tesla’s Sh亚博娱乐官网平台千花网女神会所 nearly complete

Construction on 亚博娱乐官网平台千花网女神会所the buildings at Tesla’s Shanghai plant has almost completed and the production equ

ipment is being prepared for installation, the auto news website Eelectrek reported on Sunday.

However, a representative at Tesla’s China branch said the plant is not yet finished, and these details are the same as th

e news released at the Tesla shareholders’ meeting, according to National Business Daily.

With an investment of over 50 billion yuan ($7.22 billion), the Shanghai plant, or Gigafactory 3, is the co

mpany’s first manufacturing facility outside the US and the first wholly foreign-funded automotive production project in China.

China is the world’s largest new energy automobile market, so

having manufacturing capacity in the country will help Tesla avoid increasingly unce

rtain import tariffs because of the trade tension between China and the US, said the new website.

sh419tv.com

It noted that China’s surplus comes mainly from lab

bor-inte亚博娱乐官网平台千花网女神会所nsive products, and the country saw deficits for products including aircraft, integrated circuits, auto

mobiles and agricultural products, indicating that both countries have capitalized on their respective industrial advantages.

“Strict controls by the US over exports to China is one of the important reasons for the trade deficit,” the re

port said, adding that the measures involve around 3,100 items in 10 categories, mostly high-tech products.

Tom Harper, a researcher at the University of Surrey in southea

stern England, said since the Sino-US trade friction escalated, the impact is already being

felt on global supply chains. For example, China has sought to move away from the US to other countries for the goo

ds it needs. Brazil, for example, has begun to supply China with soybeans previously bought from the US.

These moves demonstrate the dangers of trade conflicts, with US farmers bearing the brunt of Chinese tariffs, Harper said.

changhaisheng.cn

decline from 85 million in 2018 to 42 million in 2040. In th

he next five to seven years, China’s policy support for new energy vehicles will drive g

lobal growth,” said Kou Nannan, head of research at Bloomberg New Energy Finance.

As early as in 2012, the State Council introduced a pipeline to guide the development of the natio

n’s EVs, with a goal of producing 2 million units and selling 5 million EVs by 2020. Later on, cent

ral and local governments carried out a series of subsidy policies in the NEV industry, such as purchase tax exemption an

d purchase subsidies, to offer greater support to the industrialization of China’s NEV industry.

According to the agency, China will specifically lead in the e-bus market. It is estimated that by

2025, China’s e-bus fleet share will reach 50 percent, and by 2040, the ratio will rise to roughly 80 percent.

www.euitdm.cn

As for global GDP, manufacturing employment and

trade, they could decline by 0.134 percent, 0.323 percent and 0.869 percent. Th

e US tariff hikes therefore will increase the economic pain of the US and world economies.

Agricultural products, chemicals and chemical products, textiles and g

arments are the main US items targeted by China’s higher tariffs. But despite the higher tar

iffs providing some protection for domestic industries, Chinese consumers might have to pay more to purchase them.

In the first four months of this year, the volume of Sino-US trade dropped by 15.7 percent to $161.23 billion. In terms of product

structure, US exports of raw materials and foods to China saw the biggest decline, among which the export of so

ybeans plummeted by half in March compared with the same period last year. And US exports of plant products, mi

nerals, jewelry and precious metals declined by more than 85 percent in the first quarter.

fywmgz.cn

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.

shlfat.com

According to the latest plan, the new line will extend north

ward underground to Lize Financial Business Area, which is about 3.5 km from Caoqiao Statio

n, so passengers can transfer to Line 14 and Line 16, which are under construction, and Line 11, which is planned.

Masood Khalid, Pakistani ambassador to China, said Chinese culture is a reflection of the cou

ntry’s long and rich history. “It is a civilization that has made an imprint on global culture,” he said.

The ambassador listed a variety of manifestations of Chinese culture, which include Chinese cuisine, dance, art, and costume.

“The way Chinese people attach importance to their family and their children, lookin

g after the elderly – all these practices and traditions have been inherited over time,” he said. “Then after har

d work, they come together with their families and friends.”

A city terminal will be established in the Lize Financial Business Area, p

roviding check-in and luggage check services. Passengers will enjoy more convenience with

the ability to check their luggage and get their boarding passes before they arrive at the new airport.

www.boervon.cn