Former US treasury上海龙凤1314女神会所lson may hav

ve over-estima上海龙凤1314女神会所ted the impacts of US sanctions on Huawei in his latest Financial Times pi

ece. Because they do not work like a “death sentence” at all with Huawei raking in 5G contracts at home and abroad.

But he made a critically important point in warning that “we now face the very real prospect that an economic iron curtain may descend”.

The US approach that threatens to “Balkanize” technology and “decouple” it from China, as Paulson suggested, risks dividi

ng the global technological and economic landscape, isolating the US itself, and undermining US capabilities for innovation.

His observations deserve a broader audience, especially those whole-heartedly trumpeting an all-round trade war.

But as Paulson also pointed out, what is at stake goes far above and beyond a trade war

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The 5.1 percentage point growth of leverage ratio is

 out of our expectations, and it was maintained because of

countercyclical policies,” said Zhang Xiaojing, a senior economist with the CASS.

But the deleveraging process should continue, and more measur

es will be introduced to ease the debt burden, es

pecially for the private sector, said Lian Weiliang, deputy head of the National Development and Reform Commission.

One of the key measures is to further promote the debt-to-equity s

wap program, to inject more social funds into indebted companies through holding the com

panies’ shares, the NDRC official said. “We will choose more qualified private companies to join this program.”

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These high net worth individuals each possess inve

Meanwhile, 79 percent of the Chinese high net worth individuals polled said they are optimistic about their inves

tment returns for the next six months, while the average number was 62 percent in the North Asian markets.

Despite the fact that the benchmark Shanghai Composite Index sh

ed nearly 24 percent in 2018, 67 percent of Chinese participants said they will increase their inv

estments in the stock market in the next six months, much higher than the 51 percent registered in North Asia on average.

UBS found that cash still makes up about 30 percent of the investmen

t portfolios of Chinese high net worth individuals, which is the lowest among all surveyed Asi

a-Pacific markets, and even lower than the global average of 32 percent. Although China’s number is relatively lo

w, it is comparatively one of the most significant parts of the investment portfolios of high net worth individuals.

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At the botanic park, one of the core areas of the expo

more than 100 projectors were installed to digitally recreate mangrove fo

rests and the environment surrounding them: tropical seas, tides and beaches.

With sound, light and electrical effects, the exhibition shows how mangroves, one of the very few vegetation env

ironments that can survive in coastal waters, thrive in the tides and change their surroundings for the better.

Tianjin resident Li Lingyan, who visited the park on Monday, was fascinated by the mangrove exhibition.

“Looking at the exhibit, it is as though I was brought to the seashore to se

e how mangroves grow in a tough environment. It was an amazing process,” she said.

” I was totally thrilled, and I got to learn a lot about mangroves.”

Near Gate No 5 of the park, “a forest of lights and shadows” draws crowds.

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Chinese firms ideal partners on Belt and Road Initiative

Firms from China and the UK are ideal partners in many countries along t

he Belt and Road Initiative, a China-Britain Business Council official said in Beijing.

“The UK has taken a very positive view on seizing these opportunit

ies for UK businesses, particularly our banks, our large consultancy firms and our infr

astructure companies,” said Jeff Astle, managing director of China operations at the council.

British expertise in areas of financial services, banking, legal services, consulting services around engineering pro

vides a broad range of opportunities for UK firms to collaborate with Chinese firms in other countries, Astle said.

“We benefit from many English legal jurisdictions in many

of these countries, the English language and our businesses have long history and experiences in these coun

tries. That means we are a great ideal partner for Chinese firms in many of these Belt and Road counties,” said Astle.

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The situation in Beira, a low-lying port city on the Indian

  Ocean, was described by the International Federation of Red Cross and Red Cre

scent Societies (IFRC) as “terrible” following an aerial assessment conducted by the agency Monday.

  IFRC spokesman Jamie LeSueur said that up to 90% of the ar

ea had been destroyed. “The scale of devastation is enormous,” said LeSueur.

  On Sunday, a dam burst cutting off the last road to the city, which aid workers are now struggling to reach.

  A former Portuguese colony, Mozambiq

ue gained independence in 1975 and suffered a 16-year civil war that ended in 1992. Today, despite recent eco

nomic growth, about half the population remains below the poverty line.

  Cylone Idai has caused destruction on such a large scale because of that poverty and lack of infrastructure.

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Christchurch Mayor Lianne Dalziel on Saturday also

extended her condolences to the victims and their families and people who are affected by the attacks.

“Our thoughts go to the victims and their families and everyone that being affect,” Dalziel said

. She also acknowledged the extraordinary response from the police and first responders.

“An attack on the Muslin community is an attack on us, on Christchurch and on New Zealand,” Dalziel said.

She believed that Christchurch people will go thro

ugh this together by “looking after each other … in many diverse communities in our city.”

Calling the event “an unspeakable tragedy,” the mayor told Xinhua, “We need to make

sure that everyone feels safe, everyone feels welcome and everyone feels a part of the city.”

Major public events during the weekend have all been cancelled across New Zealand a

fter the attacks. Flags were flown at half-mast in government buildings to mourn the victims.

The Chinese Consulate General in Christchurch has confirmed there was no casualty of Chinese citizen in the mosque attacks.

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The White House’s argument defies the Constitutional separ

  ration of powers, decades of precedent before this Committee, and

just plain common-sense,” Cummings said in a statement.

  A White House official, however, told CNN’s Jim Acosta that the Maryland

Democrat was demanding documents he was not entitled to under the law.

  The swift escalation of the dispute left the committee to consider whether to issue subp

oenas to get information, a step that could spark a legal scenario that could be

repeated scores of times in the coming months.

  Prolonged legal tussles will not just frustrate Democrats. They will take

months, churn all th

way through the court system and delay any final accounting for the President —

possibly until the heat of the 2020 campaign.

  Executive privilege — the idea that the President has a right to confidential counsel from top officials — has not been widely litigated

in the courts, meaning that legal cases might eventually make their laborious way all the way to the Supreme Court.

qw46q.cn

Trump could try to sell North Korea a Vietnam model. But

The night before his historic summit with US President Donald Trump last June, North Kore

an leader Kim Jong Un took a surprise stroll in downtown Singapore to see the sights of the wealthy capitalist city.

The inference seemed clear. If cash-strapped Pyongyang chooses to engage the world — and ditch its nuclear weapons — this could be its future.

Trump and Kim will this month have an even more symbolic backdrop for their next mee

ting: Vietnam, a country which transformed itself from bitter US enemy to peaceful partner in less than 50 years.

Experts believe the Trump administration plans to sell North Korea on a model such as communist Vietnam, hig

hlighting its relationship with Washington as well as its economic boom since adopting market reforms. And all th

e North Koreans have to do, Washington is expected to say, is give up their nukes.

Yet analysts are wary such a sales pitch will produce any tangible outcome. North Korea

knows how capitalism and market economies work: it’s just chosen not to embrace them.

China has for years been prodding the North to embrace economic reform, dragging for

mer North Korean leader Kim Jong Il on tours of capitalist enterprises whenever he visited.

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When the dough has formed, dust your working surface with

h flour and dust your hands again. Transfer the mixture over and continue to knead it until its surface becomes smo

oth, this should take about 10 minutes. Let it rest. After about 4-5 hours, kneed it again. You’re ready to go!

How to roll the perfect dumpling wrapper?

Take the dough and roll it out into a long sausage shape. Using a knife, cut it into simi

lar sized pieces, roughly about 2 inches in length. Press each one into a rough circle.

The trick is never to let go of the wrapper while your rolling. It feels counter-int

uitive, but hold onto the top of the wrapper, use the rolling pin in an upward mot

ion towards the center. Move the dough around and keep rolling until you have a thin, circular wrapper.

Alternatively, you can pick pre-rolled wrappers from your local shop or Chinese supermarket.

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