Brazil has replaced the上海千花网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.上海千花网女神会所

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

上海千花网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.上海千花网

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.

上海千花网女神会所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上海千花网

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

上海千花网女神会所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.上海千花网

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

上海千花网女神会所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

PBOC interest rate refo上海419 small businesses

Borrowing costs will get lower for companies in China starting Tuesday through a

key interest rate reform brought out by the People’s Bank of China, the central bank, to maintain ec上海419

onomic momentum amid the continuing trade friction with the United States.

上海419女神会所Analysts say the interest rate reform will lower financing costs for small a

nd private companies and encourage investment in the manufacturing sector.

The PBOC unveiled the policy over the weekend, saying it would introduce a new reference rate, the loan prime rate-the pr上海419

ice of loans banks offer their best clients-for setting the prices of business and household loans. The earlier re

上海419ference rate, the one-year benchmark lending rate, will be replaced in the future.

The announcement is seen as China’s most significant market-based interest rate reform for over a decade, experts said.上海419女神会所

The PBOC said in a statement that, starting Tuesday, 18 qualified commer

cial banks, including State-owned banks, city and rural commercial banks and foreign banks, will report their lend

上海419ing reference rate every month. Analysts expect the first loan prime rate will be much lower than the current 4.35 per

cent one-year benchmark lending rate, which has been unchanged since August 2015.

The statement said commercial banks will be allo上海419

wed to float the lending rates up by certain percentage points above the medium-ter

上海419女神会所m lending facility rate of the central bank. The medium-term lending rate is the cost that commercial banks sho

uld pay for borrowing from the central bank, and it was set at 3.3 percent on Thursday.

Sheng Songcheng, a central bank adviser and former head of the PBOC’s

statistics department, said the reform will help keep lending rates lower.

Moreover, the changes will enable the PBOC to effectively influence Chin上海419女神会所

a’s entire interest rate system by selling or buying financial instruments on the open

market, much like how Western central banks implement monetary policy, Sheng said.

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What’s happening i上海419world next week

Russian President Vladimir Putin shakes hands with French President Emmanuel M

acron during a meeting on the sidelines of the G20 summit in Osaka, Japan, on June 2上海419品茶微信

Putin will visit France, Finland; the G7 Summit will be held in France; the Italian Senate will

debate a no-confidence motion in government; the president of Romania will meet his US counterpart.上海419

These are the international events under the spotlight for the week starting August 19.

上海419品茶微信Russian President Vladimir Putin will visit France on Aug 1

9 to discuss with his French counterpart, Emmanuel Macron, bilateral partnership.

During the one-day working visit, the leaders will also ta上海419

lk about Ukraine and discuss prospects for work within the Normandy Four.

The Normandy Four consists of Russian, Ukrainian, French a

上海419品茶微信nd German senior representatives and aims to resolve the Ukrainian crisis.

On Aug 21, Putin will also pay a working visit to Finland at the invitation of Finnish President Sauli Niinisto.

Besides bilateral cooperation, the leaders will discus

s international and regional issues, including Russia’s relations with th上海419品茶微信

e European Union in the context of Finland’s current presidency of the EU Council.

Leaders of the G7 group of industrialized nations gather in Biarritz for their 45th summit on August 24-26.

French President Emmanuel Macron will play host to the heads of state and governme上海419

nt of Canada, Germany, Italy, Japan, the United Kingdom and the United States.

Under its presidency of the G7, France has set a number of goals and priorities tha

上海419品茶微信t will be addressed at the summit, including the fight against security threats and terro

rism, protection of the planet through climate finance and the promotion of gender equality.

qinhuaili.cn

new foreign-funded 上海千花坊es were started, the m

With industrial and consumption upgrades, investment in hig

h-tech industries climbed 43.1 percent year-on-year — 29.3 percent of the total FDI — am上海千花坊女神会所

ong which the high-tech service sector gained 97.4 billion yuan in FDI, up 63.2 percent.

上海千花坊Zhang Xiaofan, a partner at Deloitte’s global Chinese services group, said trade tensions between China and the United Sta

tes will not force any country or region to replace China’s position as a key player in the global supply chain.

Because of its members’ different cultures, currencies and po上海千花坊

litical systems, the Association of Southeast Asian Nations cannot match China’s size as a

huge consumption market. Neither can ASEAN members muster as many policy and institutional advantages as Chin

a to fine tune economic structures and fend off potential financial risks, Zhang said.上海千花坊女神会所

China also has a well-developed infrastructure to support the real economy, Zhang added.

Attracted by China’s consumer market driven by an expanding middle-income group

上海千花坊女神会所and fast developing information technology, foreign investment from Germany and the Republic of Korea surg

ed in the first seven months, posting growth rates of 72.4 percent and 69.7 percent year-on-year, respectively.

FDI from the European Union rose 18.3 percent year-on-year, while

FDI from countries participating in the Belt and Road Initiative grew by 5 percent.上海千花坊女神会所

Joerg Wuttke, president of the European Union Chamber of Commerce

in China, said that to prevent risks caused by unilateral actions, China and the Eur上海千花坊

opean Union should further efforts to reach the EU-China comprehensive agreement on invest

ment by 2020, perhaps eyeing a new free trade agreement soon after that.

cn-yongan.com

The GDP of Chongqi上海千花网d Tianjin municipaliti

ties for the first time surpassed 1 trillion yuan in the half y

ear period, hitting 1.03 trillion yuan and 1.04 trillion yuan, respectively.上海千花网

In 2018, a total of 16 cities achieved a whole-year GDP of more than 1 trillion yuan. Fos

上海千花网女神会所han in Guangdong province and Jinan in Shandong province are expected to join the 1 trillion yuan GDP club this ye

ar, with their GDP reaching 479.52 billion yuan and 479.17 billion yuan in H1, respectively.

Fifteen of the top 100 cities are from East China’s Shandong province, the most among all provincial-level regions. F上海千花网

ollowing it, Jiangsu, Guangdong and Zhejiang provinces have 13, 11 and 8 cities on the list, respectively.

Similar to the same period last year, no cities from Hainan, Qinghai provinces, Ni上海千花网女神会所

ngxia Hui autonomous region, or Tibet autonomous region are on the top 100 list.

China’s central and western cities are leading on GDP growth in H1. More than two-thirds of the 280 cities that have dis上海千花网

closed economic growth outperformed the national GDP growth rate of 6.3 percent in H1 and they are m

ainly from Yunnan, Guizhou, Anhui provinces and Guangxi Zhuang autonomous region.

Among the 13 cities whose real GDP growth rate surpassed 10 percent上海千花网女神会所

in H1, all except Fujian province’s Ningde come from the central and western regions.

Southwest China’s Yunan province, posting t上海千花网he strongest GDP growth in H1 amon

g 31 provincial-level regions, has seven cities registering a GDP growth of 10 percent or above.

The report collected statistics released by 282 cities that have published上海千花网女神会所

their economic semi-annual reports as of Monday. Hong Kong and Macao special ad

ministrative regions and Taiwan were not involved in the statistical analysis.

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Wishing for a period c上海千花坊rized by violence an

 and prejudice— no matter how soft-pedaled things got right before Hong Kong’s return — plays into the hands of tho

se who want to see China fractured. Whitewashing the crimes of colonial powers, to say nothing of waving their fla上海千花坊

g, demonstrates a profound ignorance of history. Imagine for a moment what the people killed in anti-colonial fights ac

ross the globe would think if they saw this wholesale embrace of their tormentors.上海千花坊女神会所

This is where the contrast between flags must be emphasized. Blind worsh

ip of any national symbol is dangerous, but the Chinese flag stands for very different prin

上海千花坊ciples than the British or US ones. The People’s Republic of China flag represents liberation and an end to exp

loitation, and was only raised after years of bloodshed and revolutionary struggle. That success was the cul

mination of a century of resistance to imperialism, feudalism and colonialism. Countless lives were lost in pursuit of this no上海千花坊女神会所

ble goal, and those martyrs live on in the flag’s red fabric, as do the many others who have stood against opp

ression all over the world. The Chinese people are well aware of this, and treat their flag with care and pride.

But that shouldn’t be conflated with the callous jingoism of “former” colonial powers. Victory in a war of liberation and rut上海千花坊女神会所

hless imperial conquest are polar opposites — the former should be a source of strength and motivation in the fac

e of adversity, the latter should be regarded with the deepest shame. I myself recall my childhood in Texas, wh

上海千花坊ere the flag of the US was invoked to justify unilateral action against countless countries and the massacring of millions. T

he stars and stripes are used as a cudgel against minority groups to this day, and a “love it上海千花坊女神会所

or leave it” attitude is deployed against any critics of the country’s record of bigotry and genocide.

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Jaishankar assured W上海乌托邦at New Delhi wants

s to improve ties with Islamabad, and is willing to main

tain restraint and safeguard regional peace and stability.

Jaishankar added that h上海乌托邦品茶微信is country stands ready to properl

y resolve the China-India border question through consultation and

will honor the consensus that the two nations have reached on promoting tranquillity in the area.

上海乌托邦品茶微信New Delhi is looking forward to the second informal meeting between President Xi Ji

nping and Indian Prime Minister Narendra Modi, to be held in India later this year, Jaishankar said. The fi上海乌托邦

rst such meeting between the two leaders took place in April 2018 in Wuhan, Hubei province.

During their talks, Wang and Jaishankar agreed China and India would expand pragmatic上海乌托邦

cooperation in such areas as trade, investment and tourism and strengthen exchanges on defense issues.

上海乌托邦品茶微信Foreign direct investment (FDI) into the Chinese mainland expanded 7.3 percent year-o

n-year to 533.14 billion yuan in the January-July period, the Ministry of Commerce announced Tuesday.

In US dollar terms, FDI inflow grew 3.6 percent year on year to $78.8 billion during the period, the ministry said.上海乌托邦

FDI in July alone reached 54.82 billion yuan, up 8.7 percent year-on-year.

During the past seven months, a total of 24,050 new foreign-funded enterprises were founded.上海乌托邦品茶微信

Investment in high-tech industries climbed 43.1 percent year-on-year to account for 29.3 percent of the total FDI, a

mong which the high-tech service sector received 97.39 billion yuan, up 63.2 percent.

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Crackdown on illega上海419论坛s underwayearms seiz

Police in 154 cities across the country have destroyed 107,000 illegal firearms, explosives and detonators that were co

nfiscated starting last year, the Ministry of Public Security said on Monday.上海419论坛

On Monday morning, police in Wuhan, Hubei province, destroyed a number of air

上海419论坛品茶微信guns, shotguns and replica firearms as well as explosives and detonators by melting

them in a steel plant furnace, which was stoked to reach temperatures of up to 1,600 C.

“Gun- and explosives-related cases endanger people’s lives, public security and the co

untry’s long-term stability,” Sun Lijun, vice-minister of public security, said on Monday.上海419论坛

“We will take effective measures to curb gun- and explosives-rel

ated crimes and eliminate major hidden dangers,” he said.

In recent years, although such crimes have declined sign

上海419论坛ificantly due to police efforts, some cases have occurred spora

dically around the country, Guo Lin, ministry spokeswoman, said earlier this year.

In order to tackle the issue, the ministry, together with 23 other authorities, set up a mini上海419论坛品茶微信

sterial-level meeting mechanism under which they will share intelligence in a timely manner and take required acti

on. In February 2018, they launched a two-year campaign to crack down on weapons crimes.

Last year, police nationwide dealt with more than 30,000 gun- and explosives-related cases, u

上海419论坛ncovered 416 criminal gangs and detained more than 40,000 suspects. From January to November last ye

ar, the number of such cases fell by around 28 percent, according to the ministry.

Since January, police across the country dealt with 16,000 such cases, uncovered 163 organized crime operations and de上海419论坛品茶微信

tained 17,000 suspects. Between January and July, gun- and explosives-related cri

mes decreased by 20 percent compared with a year earlier, the ministry said.

7893391.cn

The current joint operat上海夜网t the first of its kind

 for Herbert Smith Freehills. The London-headquartered law firm has also been work

ing with Hiswara Bunjamin and Tandjung in Indonesia in a similar fashion for the last 15 years.上海夜网女神会所

Gavin Guo, international partner of Kewei, said that they had submitted an application for the joint operation to the Shang

上海夜网hai Municipal Bureau of Justice earlier this year and it took them three months to get the green light.

According to Guo, the joint operation of law firms is different from a joint ven

ture and does not include equity options. The two law firms are still independent e上海夜网女神会所

ntities but share administrative resources and provide one-stop legal services to clients.

Such joint operation models are attractive for multinational companies with operat上海夜网

ions in China and outbound Chinese companies, said Guo. Before this, companies need to go to a foreign la

上海夜网女神会所w firm and a Chinese law firm separately for legal services. This can be avoided as communication with both the l

aw firms can be completed in the same office and will incur only a single charge, he said.上海夜网

“Given the current global economic and political uncertainties and trade friction, governments are tightening their scru

上海夜网tiny and regulation in areas like foreign direct investment. The joint operation model will play a big role in te

rms of transaction habits, disputes resolution and even company strategies,” he said.

The first joint operation was set up by the Chicago-headquartered Baker McKenzie and Beijing Fenxun Partners in April 201上海夜网女神会所

5. In an action plan rolled out in April 2018, the Shanghai Municipal Bureau of Justice said it will study the possibility of pro

moting the joint operation model to the rest of the city to further improve the business environment.上海夜网

Domestic enterprises accelerate pace of innovation amid friction between China, US

The structure of China’s foreign trade will continue to improve with more flexibility in the second half of this year du上海夜网女神会所

e to its institutional, industrial and market advantages, officials and experts said on Thursday.

Li Kuiwen, a spokesman for the General Administration of Customs’ Department of Statis上海夜网

tics, said China has not only increased its market share with major economies such as the European Union th

is year, but its trade volume with emerging markets has also notably surged.上海夜网女神会所

Li’s remark came after the administration announced earlier on Thursday that China’s foreign trade grew 4.2 p

ercent year-on-year in the first seven months of the year to 17.41 trillion yuan ($2.47 trillion).

www.qiuLuhuang.cn

China rejects US ‘thug上海419论坛ime’ description

On Friday the Foreign Ministry rejected the United States’ labeling China as “a thuggish regime”, saying Washington has confo

unded right with wrong in an attempt to conceal the fact it interferes in China’s domestic affairs上海419论坛

The spokesperson of the US State Department was astonished to claim the job of American diplomats was to meddle with t

上海419论坛品茶微信he domestic affairs of other countries, the ministry spokeswoman Hua Chunying said in a statement.

“Can the world be at peace with the way the US operates?” Hua asked in the statement.

Hua’s comments came as US State Department spokeswoman Morgan Ortagus on Thursday called China a “thuggish regime” for disclosing pho上海419论坛品茶微信

tographs and personal details of a US diplomat who met with major leaders of the “Hong Kong Independence” activist groups.

The US State Department spokesperson should look at her own words and behaviors instead of using media reports to hit

上海419论坛out at the government of another country, Hua said, adding US interference in Hong Kong affairs has arous

ed resolute opposition and strong indignation from the Chinese people, including Hong Kong compatriots.

She urged the US side to observe international law and basic norms governing intern上海419论坛

ational relations, and stop meddling in Hong Kong affairs and interfering in China’s domestic affairs.

上海419论坛品茶微信The Office of the Commissioner of the Ministry of Foreign Affairs in the H

ong Kong Special Administrative Region also said on its website that the labeling is a b

latant slander against China, which has confounded right with wrong and again exposed US gangster logic and hegemonic thinking.上海419论坛

The spokesperson said that instead of repenting of and stopping its arb

上海419论坛品茶微信itrary interference in Hong Kong affairs, which are China’s domestic affairs, the US side

has made venomous and unfounded allegations against the Chinese government

for the leak of the information. It perceives China with malice, which again reveals its dark mentality.

www.youhuileyuan.cn