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The RMB’s daily trading reference, or the central parity for onshore trading, has been stabilized ar ound 6.89 per dollar for eight days from May 20, and market watchers said market-oriented depreciation pressure was losing steam. Yi Gang, the central bank governor, has said several times that the PBOC has ceased dir ect intervention in foreign exchange markets, and the performance of RMB is addressed mainly by market forces. General Wei Fenghe, China’s defense minister, will attend the coming Shangri-La Dialogue set to open on Friday in Singapore according to Senior Colonel Wu Qian, spokesman for the Defense Ministry. Wei’s attendance will be the secondRead More →

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 on May 20 in Ganzhou, Jiangxi province, during a three-day inspection tour. Xi learned about the rare-earth industry’s development in Ganzhou, a major producer of rare-earth resources and products in China. During the seven trading days from May 20 to Tuesday, the A-share listed company hit the 10 percent da ily upside limit six times, with its share price rising by 90 percent after closing on Tuesday. xperienced climbers and guides called for alpinists without adequate training to think tw ice before taking on the world’s highest peak, especially during a crowded climbing season. As of Tuesday, the death toll of climbers attempting to reachRead More →

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with high export exposure to the impacted economies . A more protracted period of weak international trade activity could also harm investment pr ospects and adversely affect productivity growth in the medium term.” The report indicated that the entire global economy is experiencing a broad-based growth slowdown amid unresolved tra de tensions, high international policy uncertainty and softening business confidence. The forecast for weaker global growth casts a shadow over efforts to im plement the UN’s 2030 Agenda for Sustainable Development, which has set universal go als for eliminating poverty, promoting prosperity and social well-being while protecting the environment. www.chengduyidong.cnRead More →

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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-achievingRead More →

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 British Prime Minister Theresa May will set out a timetable for her departure in early June after the latest attempt to get her Br exit deal approved by parliament, the chairman of a powerful Conservative committee said on Thursday. Three years after Britain voted to leave the European Union, there is littl e clarity over when, how and even whether Brexit will happen, prompting some in her party to c all for a new approach to the country’s biggest policy shift in more than 40 years. May has promised to step down after her Brexit deal is approved by lawma kers. But many in herRead More →

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ted the interests of WTO members, especially developing-nation members, and undermined the authority and efficacy of the WTO. As a consequence, the organization is facing an unprecedented crisis. China suggested necessary reforms of the WTO be made so as to overcome the crisis, strengthen its auth ority and efficacy, and enlarge its relevance in terms of global economic governance. It also proposed strengthening the inclusiveness of the multilateral trading system, said an official with the De partment of WTO Affairs at the Ministry of Commerce, in an online statement late on Tuesday. The unnamed official stressed the need to resolve several urgent issues threatening theRead More →

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 in the 19th century and by Western Europe, Japan, and South Korea in the years after World War II. China is no longer a poor country. It can no longer compete by using l ow-wage labor. Fortunately, it has now developed world-class companies that are incr easingly developing new products and services that can compete successfully in many foreign markets. Now that it has reached middle-income status, China’s economic strategy will focus on creating a highly competitive dom estic market that forces companies to produce high-value goods so they can pay high wages to highly skilled people. Because of its long experience in manufacturing, muchRead More →

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enter around both nations’ legitimate desires to protect some current l ow-skilled jobs, or at least to allow an easier transition to new jobs and industries. US administration’s economic policy has rightly focused on the need to retain jobs for working-class people in the US. And, Ch ina’s companies that export to the US also largely now employ less-skilled working-class people. However, neither the US nor China can expect to keep, much less get back, low-wage, low-skilled manufacturing jobs. Many people have the impression that Chinese goods are dominant in US markets. That is true only in a few highly compe titive, low-profit sectors. AccordingRead More →

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itoring stations in the China Seismic Experimental Site, which spans Sichuan and Yunnan pro vinces, since construction of the project was launched about one year ago, Zheng Guoguang, vic e-minister of emergency management and head of the administration, told a news conference on Friday. The area previously had about 1,000 monitoring stations. China is the only country that lists forecasting earthquakes as a government responsibility. Considering our limited knowledge about earthquakes, the forecasting work has to be based on observation. However, the we ak signals from underground are often disrupted by electromagnetic interference, he said. He said that in cooperation with the government of Shenzhen,Read More →

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“Products that just scratch the surface, like simple tours of famous universities, have fallen out of favor with the market,” Zhang says. Language training, NASA’s space camp, computer programming, homes tays, wild animal care and desert and museum experiences are among the most popular options. “Certain volunteering and public-welfare routes have seen a particularly fast increase in bookings,” Zhang says. During the recent winter vacation in February, study-t rip bookings surged by 80 percent compared with the same period of last year. Domestic trips cost roughly 4,500 yuan ($663) per capita on ave rage, while expenditures hit 21,000 yuan for outbound experiences, the agency reports.Read More →