hina’s housing r上海龙凤1314品茶微信egulator has warned four Chine se cities over price rises in the past three months, the Economic Observer reported. Local governments of Foshan, Suzhou, Dalian and Nanning were urged by the Ministry of Housing and Urban-Rural Dev elopment to stabilize land and housing prices as well as market expectations. This came a month after six other cities were also warned over similar reasons on April 19. Zhang Dawei, chief analyst with Centaline Property, said the main reason behind this is the real estate market in some cities is at risk of going out of control, and the land market shows signs of overheating.Read More →

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 →

 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 →

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 →

n emerging trend that will benefit animal protection work in the long run. The survey, released last week, found that more than 90 perce nt of Chinese travelers who had participated in an overseas wildlife tour said they would take into account whether their activities negatively affected the animals before making future tour decisions. “Wildlife-friendly travel plays a crucial role in the healthy growth of wildlife tourism. The research shows the responsibility that Chinese travelers would like to take, which is very enc ouraging,” said Zhao Zhonghua, chief representative of the World Animal Protection China office. The research was based on 2,206 questionnaires and jointlyRead More →

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 →

 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 →

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 →

 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 →

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 →