What’s happening in 上海乌托邦e world next week

Chinese officials and experts have urged politicians in the United States to stop using the situat

ion in Hong Kong as a bargaining chip for negotiations or as leverage for fueling competition with Beijing.上海乌托邦品茶微信

Senior politicians such as US Vice-President Mike Pence and House Speaker Nancy Pel

osi have spoken out on or pushed legislation concerning the recent violent protests in the city.上海乌托邦品茶微信

Pence angered China on Monday by telling the Detroit Economic Club that “for the Un

ited States to make a deal with China”, Beijing needs to “respect the integrity of Hong Kong’s laws”.

上海乌托邦”Our administration will continue to urge Beijing to act in a humanitarian manner,” Pence added.

In response, the Foreign Ministry’s Commissioner’s Office in the Hong Kong Special A

dministrative Region said on Tuesday that China resolutely opposes any country attempting to “take Hong Kong’s s上海乌托邦

tability and prosperity as well as the well-being of more than 7 million Hong Kong residents as a bargaining chip”.

“Do not daydream about China making a deal using its territorial sovereignty and national reunification,” an unnamed spokesperson上海乌托邦品茶微信

said in a statement, calling for a halt to intervention in China’s domestic affairs, including Hong Kong affairs.

On Aug 6, Pelosi said in a written statement that “the extraordinary outpourin

上海乌托邦品茶微信g of courage from the people of Hong Kong stands in stark contrast to a cowardly government”, and she reite

rated her call for suspending “future sales of munitions and crowd control equipment to the Hong Kong police force”.

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Official data showed that上海乌托邦foreign trade grew

 percent year-on-year in the first seven months of the year to 17.41 trillion yuan ($2.49 trillion).

上海乌托邦During the period, China’s trade with the US declined 8.1 percent year-on-year to 2.1 trillion yuan. The Euro

pean Union remained China’s largest trading partner between January and July, with trade volume

up 10.8 percent year-on-year to 2.72 trillion yuan, followed by ASEAN, up 11.3 percent to 2.35 trillion yuan.上海乌托邦女神会所

Convicts on death row soon will be able to meet not only with their close fami

上海乌托邦ly members but also with other relatives or friends, according to a new guideline rel

ased by the top court on Friday to better protect the rights and interests of those to be executed.

China’s Criminal Procedure Law has permitted death convicts to have contact with their close family members such as a spo上海乌托邦女神会所

use and children before execution, but starting Sept 1, when the guideline takes effect, thos

e about to be executed may also meet with other relatives or friends with a justifiable reason.

上海乌托邦Ni Jianjun, deputy head of the international economics department wi

th China Institute of Contemporary International Relations, said it is possible that Ch

ina can find other markets besides the US to purchase agricultural products, but it may take much time.上海乌托邦女神会所

Hua Changchun, an analyst with Guotai Junan Securities, said the biggest impact of the planned new tariffs o

n the US will be inflation, and it will cause urgent need for the US to find new sources of good suppliers.

上海乌托邦Hua said even though the US planned tariffs targeting Chinese goods will reduce China’s e

xports, US importers also need to bear tariffs and seek new import suppliers from other countries, wh

ich is costly and troublesome. Ultimately, these effects will be reflected in the costs o上海乌托邦女神会所

f US companies’ operation and consumer consumption, creating cost-driven inflation, Hua said.

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The inclusion factor dictat上海乌托邦eighting of stock co

onstituents in MSCI benchmarks widely used by global investors, as the figure refe

上海乌托邦rs to how much of a stock’s free-float market capitalization is included in the indexes.

The move is expected to elevate the A-share market’s weighting in the MSCI Emerging Markets Index from the cur

rent 1.76 percent to more than 2.1 percent, according to earlier disclosures from MSCI.上海乌托邦女神会所

This is also part of the index provider’s plan to increase A shares’ weighting i

n its benchmarks in three steps, with the first step of doubling the inclusion factor to 10 per

上海乌托邦cent having been implemented in May and the final step of raising it to 20 percent due to take place in November.

According to estimates from China International Capital Corp Ltd, the weighti

ng increase in August may trigger capital inflows of $22.7 billion into the A-share constituents.上海乌托邦女神会所

Zhang Xia, chief strategist with Shenzhen-based China Merchants Securities, said $3.6 billion in passively-ma

上海乌托邦naged overseas funds tracking the index-or worldwide portfolios whose allocations synchronize with every c

hange in MSCI indexes-is expected to flow into the A-share market during trading on Aug 27.

The inflow amount of actively managed funds, which use MSCI indexes as i上海乌托邦女神会所

nvestment benchmarks, however, may be dampened by the recent depreciation of th

e Chinese yuan and recent escalations in trade tensions that hurt global risk appetite, Zhang said.上海乌托邦

Ben Luk, senior multi asset strategist at State Street Global Markets, said the amoun

t of passive fund inflow triggered by the index adjustment may be too little to cause an

上海乌托邦女神会所y market rally, but policies to stabilize the Chinese economy will lend substantive support to the A-share market.

“We believe more trade uncertainty should lead to more stimulus certainty, all of whic

h should benefit domestic equities,” Luk said, adding that there is a growing probability that China’s central上海乌托邦

bank will lower funding costs across the real economy via a combination of rate tools.

Cuts in the reserve requirement ratio and shorter-term liquidi

ty rates, as well as additional bill issuance, may be in the tool kit of the Peopl上海乌托邦

e’s Bank of China to help keep a stable rate in the banking system, according to Luk.

“The Chinese economy is faced with greater uncertainty, but proper credit allocat上海乌托邦女神会所

ion and monetary stimulus could help lift growth and stabilize A shares in the second half of the year,” Luk said.

On Wednesday, the benchmark Shanghai Composite Index shed 0.3 percent to 2768.68 points, wh

ile the smaller Shenzhen Component Index closed 0.5 percent lower at 8814.74 points.

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The central governmen 上海乌托邦upports the Hong Ko

ng police in strict law enforcement, and stands by HKSAR government agencies and judici

 上海乌托邦ary bodies in handing out punishment to violent criminals according to law, he said.

Yang also said that the principle of “one country, two systems” is the best institu

 上海乌托邦品茶微信ional arrangement for maintaining long-term prosperity and stability in the SAR.

The Democratic Alliance for the Betterment and Progress of Hong Kong — the largest

political party in the Legislative Council — welcomed the Hong Kong and Macao Affairs Office’s remarks. 上海乌托邦

Holding this news conference showed the importance the affairs office attaches to the HKSAR, as well as support for the S

 上海乌托邦AR government and the police force, said the party’s Chairwoman Starry Lee Wai-king.

The central government’s expectations are in line with those of most Hong Kong people, Lee said.

The HKSAR government on Monday strongly denounced escalated and repeate

 上海乌托邦品茶微信d violence by protesters and vowed to give full support to police to strictly enforce the law.

For the first time in the 29-year history of the Fortune Global 500 list, Chinese companies (129) outnumber those from t

he United States (121). This is also the first time that a country other than the US has more companies on the list. 上海乌托邦

Among the 129 Chinese enterprises on the list, 119 are domestic in nature

whose average revenue increased 9.2 percent year-on-year-higher than the average

 上海乌托邦品茶微信revenue growth of Fortune Global 500 companies. These enterprises’ rates of profit and net asset profit were 5.3 pe

rcent and 9.9 percent, up 0.2 percentage points and 1.0 percentage point year-on-year.

The Chinese enterprises have also taken firm steps toward high-quality development. And although they have enc 上海乌托邦品茶微信

ountered some difficulties due to the Sino-US trade frictions and the technological containment measures t

 上海乌托邦aken by the US government and some US enterprises, their growth has continued unabated.

Three major factors are behind the Chinese enterprises’ continuous and rapid development: reform, demand and innovation. China’s supply-side str 上海乌托邦品茶微信

uctural reform has improved the market competition environment, promoted qualitative supply, increased t

he enterprises’ earning power, and enhanced their development potential and momentum.

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ontaining desertificati上海乌托邦e Kubuqi desert offers

s China’s experience in environmental treatment as well as achievi

上海乌托邦品茶微信ng the 2030 Agenda goals, he said, adding that the country actively promoted the alignment between

international cooperation on the Belt and Road Initiative and the implementation of the 2030 Agenda.

China also stands ready to work with all sides to push forward the global environmental gover上海乌托邦

nance and protection, and contribute to making the world a place with a well-preserved ecology, Xi said.

A company prefers, of course, to be above reproach. But, failing that, the next best thing is unquestionably to get rid of the body, f

上海乌托邦品茶微信or it is being found with it wrapped in the carpet that brings remorse and the loss of trust from its customers.

Which is the position FedEx finds itself in now.

It has claimed that it misdirected three of Chinese telecommuni上海乌托邦品茶微信

cations giant Huawei’s packages to the United States in May due to what it called “operational error”.

上海乌托邦Yet investigation by the Chinese authorities has found these were not due to any

oversight but rather part of a deliberate pattern of behavior in which the US ex

press services company is also suspected of holding up more than 100 Huawei packages entering China, as well as other violations of the law.上海乌托邦

And with the investigation still on-going, it is expected that more wrongdoings are yet to be revealed.

上海乌托邦Responding to China’s investigation on Friday, FedEx blamed the mishandling of the packages on the “unclear” rules of the US Com

merce Department, claiming they bring “great complexity” to its operation. “That is why we sued” the department, it said.

As one of the first foreign express delivery companies coming to China nearly 40 year上海乌托邦品茶微信

s ago, FedEx is well aware of China’s postal law. But it has obviously underestimated the country’s dete

rmination to enforce it to the letter. Otherwise, it would have not given such a feeble excuse when it was discovered to have

上海乌托邦delivered the three Huawei packages to the US, not their intended destination, which for one of the top-no

tch companies in the industry handling 15 million packages a day is a rather telling slip.上海乌托邦品茶微信

Not to mention that the on-going probe has just unveiled that it provided “cus

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erence is held on the d上海乌托邦aper China’s Nation

The white paper gave outer space and cyberspace the same weight as the nucl

ear force in China’s national security, calling them “the major security fields”.上海乌托邦

With its goal of developing outer space for peaceful pur

上海乌托邦品茶微信poses, China actively took part in international cooperation in outer space, it said.

It listed cyberspace security as a “key area for national security, economic growth

and social development” and said China is facing severe security threats from cyberspace.上海乌托邦

Boris Johnson has won the United Kingdom’s leadership election 92,153 vo

tes to 46,656, becoming prime minister and leader of the ruling Conservative Party.上海乌托邦品茶微信

Johnson had been widely expected to win ever since Theresa May, the nation’s outgoing prime minister, announced on May 24

that she was resigning following heavy criticism of her handling of the UK’s exit from the European Union.

上海乌托邦In a short but impassioned acceptance spee

ch, Johnson thanked his leadership opponent Jeremy Hunt and May. He said that the p

arty will “deliver Brexit, reunite the country and defeat” the leader of the opposition Labour Party Jeremy Corbyn.

“That’s what we are going to do,” Johnson sai上海乌托邦品茶微信

d. “We know that we can do it, the people in our country know that we can do it, and I know that we will do it.”

Johnson and Hunt were the last people standing in the leadership battle that had initially involv

上海乌托邦ed 10 hopefuls and was ultimately decided in a postal vote open to the party’s 160,000 members.

Johnson takes over as party leader immediately and will be sworn in as prime minister on Wednesday.

He was an outspoken critic of May and says he will take the UK out of the EU on Oct 31, with or without a deal with the political bloc.上海乌托邦品茶微信

Following the result, May congratulated Johnson and said he will have her “full support from the back benches”.

“Many congratulations to Boris Johnson on being elected leader of the Conservatives-we now need to work togethe上海乌托邦品茶微信

r to deliver a Brexit that works for the whole UK and to keep Jeremy Corbyn out of government,” she wrote on Twitter.

Brexit Party leader Nigel Farage wrote on social media: “I wish Boris Johnson well as Prime Minis

ter with his do or die pledge to deliver Brexit on Oct 31. Does he have the courage to deliver?”

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Li Yang says that the Be上海乌托邦d tourism authorit

ority will continue to come up with measures to grow the construction of facilities t

hat protect intangible cultural heritage and offer better conditions for cultural inheritors.上海乌托邦品茶微信

So far, several masters of intangible culture have moved in, and the park is talking

上海乌托邦with more than 30 inheritors nationwide about some form of cooperation.

The park offers more than 30 spaces for traditional artists to meet guests and show their work.

For example, many artists will make bracelets because they are currently popular,” Zhang says.上海乌托邦品茶微信

“But jade, after all, is non-renewable. If we all cut good material to make quick consumables, it would be pointless,” he adds.

上海乌托邦Zhang believes joining Yongyuan will allow for more thorough, long-term learning am

ong artisans in his field and collaboration with designers who are more familiar with the market.

The ultimate goal is to better combine the art of jade sculpture with tasteful design and then h上海乌托邦

elp the public to gain a better appreciation for the beauty of this traditional art, Zhang says.

上海乌托邦The China National Textile and Apparel Council has also settled in the park.

Handbags and clothes bearing elements of intangible culture are neatly placed at the co上海乌托邦品茶微信

uncil’s workshop for visitors to appreciate and, if it tickles their fancy, purchase.

上海乌托邦”We will mainly showcase products deriving from intangible cultural heritage i

nnovation in the field of textiles,” says Xia Jingjing, an employee with the textile council.

These products are selected from art masters working in the industry nationwide.上海乌托邦品茶微信

The council will also invite textile art masters to mee

t with designers and develop new products for the future, according to Xia.

“The Yongyuan office will also be a good platform to test the wate上海乌托邦

r and see what kinds of textile products appeal to consumer tastes,” Xia says.

上海乌托邦品茶微信Zhang Tiecheng, a Chinese arts and crafts master, is one of the first to move into Yongyuan.

His workshop at the park now presents a range of delicate jade items on sale to the public.

Zhang has engaged in the art of jade sculp

ting-an art form once practiced by ancient royal houses-for more than three decades.

He says that people are increasingly interested in the field because of its growi

ng returns, but that has unfortunately led many inheritors of art to make items purely for money.

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The US must handle Taiw上海乌托邦sues correctly and

 not repeat its mistakes or even “play with fire” over the is

sues, Wang said, warning it against attempts to create new trouble for Sino-US ties.上海乌托邦品茶微信

Ma Xiaoguang, spokesman for the State Council Taiwan Affairs Office, sa

上海乌托邦id the transit is an attempt by Tsai and the Democratic Progressive Party to use fore

ign forces to challenge the one-China principle and disrupt cross-Straits peace and stability for political purposes.上海乌托邦品茶微信

No forces should underestimate China’s determination and ability to s

afeguard its national sovereignty and territorial integrity, Ma said in a news release.

上海乌托邦The Democratic Progressive Party has ignored the safety and wellbeing of

the people of Taiwan and has misjudged the situation by courting foreign support and s

erving as a pawn for foreign intervention in China’s domestic affairs, Ma said.上海乌托邦

China has sufficient policy tools and new measures to further optimize its fo

上海乌托邦品茶微信reign trade structure and deepen ties with new markets, especially those involved in the Be

lt and Road Initiative, in the second half of the year, a senior customs official said on Friday.

“We face a series of challenges in achieving stable foreign trade growth,” said Li K上海乌托邦

uiwen, spokesman for the General Administration of Customs, at a news briefing.

He made the comment after customs released the country’s trade dat上海乌托邦

a for the first half of the year. Foreign trade increased by 3.9 percent year-on-year, tot

上海乌托邦品茶微信aling 14.67 trillion yuan ($2.16 trillion), with exports growing by 6.1 percent year-on-year. Imports rose 1.4 pe

rcent, and the country’s trade surplus widened by 41.6 percent year-on-year to hit 1.23 trillion yuan during the same period.

Last year, foreign trade in the first half grew by 7.9 percent year-on-year, with exports rising 4.9 percent and imports up 11.5 percent.上海乌托邦

“The sector remains quite resilient” against the headwinds of Sino-US trade disputes and slowing global economic growth, he said.

Li also said that Sino-US trade frictions have had some impact on t上海乌托邦

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he country’s foreign trade, but the impact is “largely controllable”. “Our foreign trade as a who

le continued to expand as the world remains optimistic about the potential of the Chinese market,” he said.

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Speaking about the music上海乌托邦’s music director Jesse

Warkentin, says: “Gershwin’s music is full of pictures, romantic and

sensory. And it takes the audience back to the city in 1945, at the end of World War II.”上海乌托邦女神会所

Sean Kelly, resident director of the musical, in Beijing, who spent two decades

上海乌托邦as principal dancer with Houston Ballet, had taught at the Beijing Dance Academy for a year in the early 1990s.

“Compared with the movie, the musical is more dramatic. And we worked hard on the casting to make

the dance dynamics come alive onstage,” Kelly says. “Chinese audiences enjoy musicals. But what e

xcites me more is that they like discussing the stories and characters with us after the shows.”上海乌托邦女神会所

A new musical marking the 70th anniversary of New China’s founding will premiere at the China National Theater for Children on July 6.

上海乌托邦Stars in the Flame tells the story of children who lost their parents during the War of Resistance Against Japanese Aggression (1931-45).

It centers on the Battle of Songhu, also known as the Battle of Shanghai, which was one of the bloodiest conflicts during the war.

The work directed by Zhao Yu and composed by Wang

Gang is the opening play of the ninth China Children’s Theater Festival.上海乌托邦女神会所

“We went to Shanghai and Wuhan to learn about the history,” Zhao says.

“It was an unforgettable experience since we’ve learned many lesser-known sto

ries, especially those about the orphans who fought alongside our soldiers.”

Another children’s play, based on Danish author Hans Christian Anderse上海乌托邦

n’s classic fairy tale, The Little Mermaid, will also open the festival on July 6. The Chinese-Dan

ish joint production is directed by Torkild Lindebjerg and composed by Dane Jens Tolsgaard.上海乌托邦女神会所

The festival is staged annually during the summer vacation under the theme, “art changes lives”.

From July 6 to Aug 11, 57 theatrical productions from 14 countries, including the United

States, Japan and Russia, will stage 191 performances at the China National Theater for Children.

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Second, all parties should strengthen cooperation and push

h for denuclearization with one voice.Third, the Northeast Asian countries, while

上海乌托邦handling disputes between each other, should be willing to make some compromises. All nations s

hould learn to meet each other halfway to resolve conflicts, including territorial disputes.

Fourth, the Northeast Asian countries should accelerate development of free trade zo上海乌托邦

nes. The future of Northeast Asia hinges on the integration of the nations in the region.

Last, the BRI should be a cohesive and driving force for a close-knit Northeast Asia. The

上海乌托邦女神会所initiative, aligned with the development agendas of individual nations, will spur integration and cement c

rossborder cooperation in the region.nghai denizens walk past the skyscrapers of the city’s Lujiazui fina上海乌托邦

While the integrated development of the Yangtze River Delta region has p

rogressed steadily ever since it was elevated to a national strategy in 2018, fina

ncial institutions have been evaluating the potential in this land for future growth.上海乌托邦女神会所

Ma Chunlei, director of Yangtze River Delta Regional Cooperation Office, said at the Lujiazui Forum in Shanghai in Jun

e that the provinces and the municipality included in the strategy-Jiangsu, Z

上海乌托邦女神会所hejiang, Anhui and Shanghai-will release their respective detailed action plans by the middle of this month latest.

Some 320 key projects will be carried out in the next three years to lay a

better groundwork for the integrated development of the delta region, said Ma.

These will include connecting dead-end roads and proliferating the use of QR codes at major subway stations in the area.上海乌托邦女神会所

Bank of Communications see one-third of its 10 trillion yuan ($1.45 trillion) a

ssets coming from the Yangtze River Delta region, said the bank’s vice-chairman Re

n Deqi. He further said the bank was advancing innovation in its financial management mechanisms.

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