Central Committee decided to launch a campaign on th

he subject of remaining true to the Party’s original aspirations and keeping its mission firmly in mind. On Monday afternoon, Xi also visited the home of Sun Guanfa, a 71-year-old veter an who is also a descendant of a Red Army martyr, at Tantou village, Zishan township. Hearing that Sun’s family members had no difficulties in employment and education, Xi said as long as the people follow th e Party’s leadership, China will definitely achieve great rejuvenation and the people will enjoy a better life. “The Communist Party is dedicated to making the people happy, and the CPC Central Committee …

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Hong Kong has agreements on extradition arrangem

angements with 20 jurisdictions. The Chinese mainland, Macao and Taiwan are not among them. The revision was triggered by a murder case in which a Hong Kong ma n, Chan Tong-kai, allegedly killed his pregnant girlfriend in Taiwan and then fled back to the c ty. The Taiwan authorities are unable to prosecute him as the two sides have no fugitive transfer arrangements. During the meeting, Han also hailed the contribution of the Hong Kong Federation of Fujian Associations in pro moting exchanges and cooperation between Hong Kong and the mainland, as well as its efforts in maintaining Hong Kong’s …

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Data from the US Census Bureau showed that bilater

eral merchandise trade between the two countries has declined by more than 15 percent since September 2018, when the second round of tariffs went into effect. “This has also impacted global value chains in East Asia and other trading partners,” the report said. “We’ve seen the trade tariffs that have been introduced on both sides have already been damaging trade,” said Dawn Holl and, chief of the Global Economic Monitoring Branch in the UN Department of Economic and Social Affairs. Holland said the adverse effects of trade tensions on economic growth in China “has been partly offset by some stimulus …

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More comprehensive and well-targeted policy respon

ses are needed to tackle the current growth slowdown,” Elliot Harris, UN chief economist and assi stant secretary-general for economic development, said Tuesday at a news conference. “It is increasingly clear that policies to pro mote sustainable development will need to look beyond GDP growth and identify new and more robust measures of economic performance that appropriately reflect the costs of inequality, insecurity and climate change.” In response to slowing growth and subdued inflation, major central banks have eased their monetary policy stances. The recent mo netary policy shifts have helped to stabilize global financial markets and capital flows to …

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Faced with deep-rooted structural weakness, several large

eral large developing countries are struggling to recover from recessions or remain trapped on a low growth path. The report highlights that per capita income growth in several parts of Africa, western Asia, L atin America and the Caribbean is expected to remain very weak in the outlook period. That poses ad ditional challenges for the Sustainable Development Goals, including the goal to universally eradicate poverty by 2030. The report further notes that while poverty remains predominantly rural, further progress on poverty-reduction also hinges on the effective management of o ngoing urbanization. That is particularly relevant for Africa and South …

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Special trains connecting Xinjiang with major tourist are

areas such as the cities of Beijing, Dalian and Qingdao will be launched during the coming summer vacation, which usually spans June to August. In the second half of the year, more trains for tourists will go into operation, linking the region to the Guangdong-Hong K ong-Macao Greater Bay Area, Guiyang city in Guizhou province, and Guilin city in Guangxi Zhuang autonomous region. Huang said more services will be provided on a regular basis on the trains, including karaoke, dining, bathing and internet. Herder Ahmat Abla is considering returning to a livelihood abandoned by his people almost 100 years ago …

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Huawei CEO addresses US ban, 5G and users’ rights

Ren said in an interview with Chinese media in Shenzhen on Tuesday that “We are very grateful to the US companies. They have made a lot of contributions to us. Many of our consultants are from American companies such as IBM. “We can make chips as good as those made by US companies, but it does not mean that we will not buy chips from them,” Ren added. He said the company will not exclude US chips. “Instead, we should grow together. But if there is a supply shortage, we have a backup. In the “peace period”, half of our …

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n the case before Mehta, Trump and his business orga

anization sued to block the subpoena issued in April to Mazars USA, an accountant for the president and Trump Orga nization. Trump’s lawyers accused Democrats of harassing Trump and said the subpoena “has no legitimate legislative purpose.” Trump’s lawyers, in suing in both Washington and New York in attempt to beat back congressiona l subpoenas, said congressional investigations are legitimate only if there is legislation that might result from them. In the New York case, Trump, his business and family have sued Deutsche Bank and Capital One to prevent the fi nancial companies from complying with subpoenas from the House …

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website of the Footwear Distributors and Retailers r to an

Different from the first several batches of tariffs that focused more on industrial and agricultural products, the most rece nt 25 percent tariffs on Chinese imports target mostly consumer products, including sneakers, clothing and furniture. Trump has, on his Twitter account, asserted that “there is no reason for the U.S. Consumer to pay the Tariffs”. The open letter, however, said “there should be no misunderstanding” that US consumers pay for tariffs on products that are imported. “As an industry that faces a $3 billion duty bill every year, we can assure you that any incr ease in the cost of …

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A hearing on the proposed tariffs on Chinese imports will

 take place on June 17, according to the Office of the US Trade Representative. Gary Hufbauer, a senior fellow and trade expert at the Peterson Institute for Internation al Economics in Washington, said the FDRA letter will add to the pressure on Trump to reach a deal with China. “It will not be totally ignored,” Hufbauer said. Over the past few weeks, business groups have voiced their concern that the escalating tariffs on Chinese imports risked knocking consumers off their feet. The Retail Industry Leaders Association, for example, said in a st atement: “The administration’s decision to announce a tax …

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