of departures” of foreign companies to other countries, adding that reworking their supply chains in China or exiting is costly.

Foreign Ministry spokesman Geng Shuang said on Tuesday that the US allegation tha 上海会所品茶微信

t China wants to make a deal because of an economic slowdown is “entirely misleading”.

 上海会所”China is not the only one that wants to conclude a trade deal. The US wants it, too,

” Geng said at a regular news conference. “American people, especially consum

ers, strongly oppose the trade war and the additional tariffs on Chinese goods. Their voice speaks volumes.” 上海会所品茶微信

Stephen Roach, one of Wall Street’s leading authorities on Asia,

 上海会所suggested in an interview that China is in no rush to cut a trade deal with the US.

“I think they’re going to stay cautious on moving aggressively to cut a deal out of the fear of a weak e

conomy, as President Trump would like us to believe,” he said Monday on CNBC’s Trading Nation. 上海会所

The senior fellow at Yale University said he was in China last week

 上海会所品茶微信 and the general sense was that the economy was slowing in the manufacturing sector.

“The larger, more rapidly growing services sector was likely to provide a source of resilience,” he said.

China’s services sector, which contributed 54.9 percent to the country’s total GDP, rose 7 percent in the first half, surpa 上海会所

ssing a 3 percent increase in primary industry and a 5.8 percent rise in secondary industry, officials said on Mon

day. Primary industries extract raw materials, while secondary industries make products from those materials.

 上海会所品茶微信Simon Lester, associate director of the Herbert A. Stiefel Center for

Trade Policy Studies at the Cato Institute in Washington, said, “I don’t think the latest Chi

na GDP numbers have changed the calculation for either side in how to approach the current trade war.” 上海会所

Craig Allen, president of the US-China Business Council, said that in a global eco

nomy where nations are interconnected, any slowdown in China’s econ 上海会所品茶微信

omy will have global implications, including for US exporters and investors in China.

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ed to find that her role was intensely criticized online. Her charac

ter was accused of being stupid. Some people even equated her with the role. In reality, of c上海会所品茶微信

ourse, it showed her ability to win over audiences with the integrity of her performance.

上海会所”As an actress, I cannot shape a perfect role. The script is there, and I have to show the role’s stupidity according to the script,” says Yang.

Another highlight of her career was the fantasy drama, Ashes of上海会所品茶微信

Love, which aired in 2018. It topped TV ratings for 34 consecutive days.

上海会所But success can take a toll. Yang lost 9 kilograms while shooting, but the end result made the sacrifice worthwhile, she says.

Yang cares deeply about audiences and welcomes critical suggestions. “I don’t like hearing praise all the time, since that makes it hard to pro

gress. I like to listen to different people and improve my acting based on their suggestions.”上海会所品茶微信

With 20 years of acting under her belt, Yang allows herself a modicum of confidence. “I used to feel tense and was afraid the director might be dissatisfied with

上海会所my acting. But now, I can discuss the character and my acting with the director if I have a different understanding of the role.”

Yang also says she used to care a little too much about what others thought

. Now, she focuses more on her inner feelings and is clearer on what road she should take.上海会所品茶微信

“Sometimes, it seems two people are fighting inside my heart, but I always tell myself to discover my true feelings.”

Gu Ying, formerly a professional paraglider, is now a wild

life photographer. Gu has spent much time shooting wild animals in Hoh Xil Nat上海会所

onal Nature Reserve, in northwestern China’s Qinghai province, since 2016. “My responsibility and obli

gations are to record wild animals in a real, comprehensive way, and to reveal the actual living conditions of the an

上海会所品茶微信imals to the public. I hope the public will learn about the wild animals, and then help protect them,” says Gu.

Becoming a Photographer

Both of Gu Ying’s parents served in China’s air force. Under their infl

uence, Gu developed a yearning to fly when she was young. One day, in 2003, paragliding c上海会所

aught her attention, while she was hiking. The sport evoked her childhood dream of flying.

Gu took some paragliding courses, and she later became a profe

ssional paraglider. She practiced paragliding for half a year before she won the gold medal in a n上海会所品茶微信

ational paragliding competition. She became a member of China’s national paragliding team in 2004. She wo

n gold medals in national paragliding competitions three times over the next five years. Unfortunately, she had an accid

ent while she was practicing in 2009; she fractured the second lumbar vertebra, and she was confined to bed for the ne

xt three months. She had to suspend her paragliding career for at least one year.

Chen Xinyu contributed to the story.

www.huawaii.cn

d protectionism, China will simplify procedures for both imports and exports and reduce customs clearance times, make full use

 上海会所品茶微信of statistical systems for cross-border e-commerce business and diversify the country’s export destinations.

Li said exports of high value-added mechanical and electrical products have maintained 上海会所

strong growth momentum in the first half of this year, boosted by the country’s ongoing industrial upgrading.

 上海会所品茶微信Year-on-year exports of portable computers rose by 11.4 percent, electronic passenger ca

rs rose by 91.9 percent and solar cells rose by 57.1 percent, according to customs officials, as

Chinese enterprises sought to tap more markets beyond traditional trade hubs such as the United States. 上海会所

Zhang Xiaoyi, vice-president of Guangdong-based Midea Group, one of China’s biggest home appliance manu

 上海会所品茶微信facturers, said the company has seen increasing sales in overseas markets in recent years. Last year, overseas sales rep

resented 43 percent of its total sales, and of these, half of the orders originated in economies involved in the BRI.

Trade with economies involved in the BRI outpaced total trade in the first half of this year, customs officials said, while imp 上海会所

orts from and export to BRI markets reached 4.24 trillion yuan. That represented growth of 9.7 percent year-on-y

 上海会所品茶微信ear, about 5.8 percentage points higher than overall trade growth, accounting for 28.9 of the country’s total trade.

Domestic sales also are on the rise, especially in high-tech products, given China’s industrial upgrades amid rising domestic demand.

Zhou Jialin, deputy general manager of Shengyi Technology Co, the world’s second-largest producer of copper-clad lam 上海会所

inate materials by production volume, said the city of Dongguan, Guangdong province, once was an exp

orter of low-end products. But now, export volume is not the only standard to evaluate a company’s competitiveness. 上海会所品茶微信

“Domestic demand from companies such as Huawei Technologies Co has increased, and a number of foreign com

panies have set up their factories in China to cater to domestic demand instead of exporting overseas,” Zhou said.

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to take the delayed effect of balance sheet reduction conducted earlier into its consideration of rate cuts. The current phase-out of balanc

上海会所e sheet reduction already has some easing effect, and only after the balance sheet reduction ends in September, can its impact become clearer.

By incorporating that impact into consideration, the Fed can draw up a better rate cut plan that maximizes effects of the policy mix.上海会所

Thirdly, the market may have overestimated how much the Fed will cut the rates. There may be no more than three rate cuts by the end of 2020.

St. Louis Fed President James Bullard – the major advocate of this

round of rate cut – has suggested the use of the modern-day Taylor rule, which fairly well explains th上海会所

e Fed’s interest rate decisions. Even based on this model adopted by dovish Fed officials, we found that the degree of rate cuts may be weaker than m

上海会所arket expectation for quite some time going forward: at most one cut by the end of this year and likely two or three cuts by the end of 2020.

By contrast, before the June FOMC meeting, the market expected a higher-than-85-percent chance of more than one rate cut by the

end of this year as well as an about 60-percent chance of more than three cuts by the end of 2020, according to Bloomberg data.上海会所品茶微信

In conclusion, we think as economic downside pressure gradually emerges, the Fed will have to kick off the rate cut cycle. But the rate cut si上海会所品茶微信

gnal, timing and degree may not measure up to the market expectation. Therefore, two future developments appear possible:

First, investor sentiment can reverse drastically if the Fed’s action fails to meet market expec上海会所品茶微信

tation. Considering the market has fully priced in the unrealistic expectation of rate cuts sinc

e early June, any reversal of expectation can lead to short-term fluctuations of key price signals such as the US Treasury yield cu

rve, the US Dollar Index, and the gold price, which may pose extensive spillover shocks to asset portfolios.

Second, the long-term trend of rate cuts will continue even if the market expectation reverses. In the long

run, the Fed is expected to proceed with rate cuts in a fairly slow and smooth way. This will enlarge the monetary policy room of ot

her major economies and expedite the shift toward an easing global monetary environment, which may in turn lift the sen

timent of global stock markets and ease any currency risk of emerging markets gradually.

Cheng Shi is the managing director, head of research and chief economist of ICBC Interna

tional Holdings Ltd.Qian Zhijun is a senior economist of ICBC International Holdings Ltd.

chitudoudemao.cn

 Prime Minister 上海会所品茶微信Shinzo Abe said Japan is determined to lead global economic growth at the Osaka summit

by promoting free trade and innovation, achieving both economic growth and the reduction of disparities, and c

ontributing to the development agenda and other global issues with the UN’s Sustainable Development Goals at its core.

He said Japan will lead discussions on the supply of global commons such as quality infrastructur

e and healthcare for realizing economic growth around the world, adding that ways to resolve issues suc

h as climate change and the amount of plastic waste in oceans will also be discussed.

Wise investmentsThe summit is also expected to address the digital economy and issues that arise from an aging society.

Nicholas Stern, chairman of the Grantham Research Institute on Climate Change an

d the Environment at the London School of Economics, said the most important issue for G

www.changjiangjiaoxiang.cn

Xi and his wif上海会所品茶微信g Liyuan, were greeted by Kim and

his wife, Ri Solju, at Pyongyang Sunan International Airport upon their arrival.

Under Chinese and DPRK national flags and large welcome banners, nearly 10,000 people

lined up at the airport, waving flowers and chanting cheerful slogans to greet the Chinese guests.

Following a grand welcoming ceremony complete with a 21-gun salute, Xi headed to the square of

the Kumsusan Palace of the Sun, where he became the first foreign leader to receive a salute at the hi

ghly symbolic site. Hundreds of thousands of people lined up along the road from the airport, waving flags and flo

wers and chanting “Long Live the China-DPRK Friendship” and other slogans to welcome Xi.

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 achieve progress o上海会所女神会所nly if the neighboring countries including China, the Republic of Korea, Japan and Russia can

mediate between Pyongyang and Washington and bring them back to the negotiation table. Joint third-party eff

orts have become even more necessary now that the US-DPRK talks are deadlocked.

If the neighboring countries are willing to provide large-scale economic help to the DPRK, the latter could take active part in global affairs while expediting its denu

clearization process. And if the DPRK integrates with the international community, it will learn from China’s ope

ning-up experience how to accelerate its economic development for the benefit of its people.

Jin Qiangyi, head of International Politics Institute at Yanbian University

Strong China-DPRK ties key to peninsula stability

Xi was invited by top DPRK leader Kim Jong-un to visit the country and chose to do so in

the year marking the 70th anniversary of the establishment of Beijing-Pyongya

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medical personnel 上海会所品茶微信who were sent to Sierra Leone and Liberia in 2015 will man points of entry to detect Ebola

cases. The team that returned in June last year was part of the African Union mission in Ebola in West Africa.

Contingency plans

Contingency plans had long been put in place in Uganda for possible imported Ebola cases, according to WHO. The gov

ernment has vaccinated about 4,700 health workers in 165 health facilities, including the one where the dead boy was treated.

“This is a sobering development that everyone has been working to avoi

d and highlights the complexity of the Ebola outbreak in the Democratic Republic of the

Congo,” Robert Redfield, director of the country’s Center for Disease Control and Prevention, said in a statement.

Redfield had issued a warning, a week ago, that the outbreak in the DR Congo could spread outside the country. He ad

ded that there was a risk of the current supply of vaccines running out before more is produced.

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hina Petrole上海会所品茶微信um and Chemical Corp, the world’s larg

est refiner by volume, has agreed to establish a joint venture with Russia’s Novatek and Gazp

rombank to market natural and liquefied natural gas (LNG) in China, Sinopec said on Thursday.

The agreement, which aims to sell LNG produced by Novatek in the Arctic, was signed fo

llowing talks in Moscow between Russian President, Vladimir Putin, and Chinese President, Xi Jinping.

The agreement will be of considerable economic and social benefit an

d will further diversify China’s natural gas imports, while meeting ever-increasing ga

s demand in the country, said Dai Houliang, China Petrochemical Corp president.

www.aaart.org.cn

success of winning the Nobel Prize in Literature in 2012, Zhang Qinghua, professor at Beijing Normal University, believes that Mo’s way of dealing with this h

as been to make a return to his hometown, a village in Gaomi, Shandong province, both in reality and spiritually.

Mo didn’t publish any new work in the five years following the award, when in 2017 he

released several short stories, poems and theater works, mainly reminiscing about his hometown.

Unlike Mo’s former novels, Peking University professor Chen Xiaoming notes th

at his new works are more reserved, realistic stylistically and employ more simple language. Literary cri

tic Li Jingze is impressed that Mo has remained acutely sensitive to the realities of urban and rural life.

www.qianpadbe.com