Month: February 2019
Chinese stocks market surged on Monday with benchmark indices in Shanghai and Shenzhen jumping over 5 percent, mak
ing daily turnover break through 1.04 trillion yuan ($155.5 billion), a new record since 2015. The Barron’s, a fin
ancial weekly published by Dow Jones & Company, said the performance of Chinese stocks is much better than the S&
P 500. Global investment management corporation BlackRock also suggested lasting gains of the bull market.
Barron’s said the CSI 300 index, which tracks the largest stocks traded in the Shanghai and Shenzhen
stock exchanges, rose 6 percent on Monday, with a year-to-date gain of nearly 24 percent, twice the gai
n in the S&P 500, making the CSI 300 index one of the best performing indices globally in 2019.
The ongoing finance sector reforms and further industry open-up could also help boost the Chinese economy and the stock market, the Barron’s report said.
China’s financial system has great potential in helping stabilize the economy, a previous China Daily report said, adding that the co
untry will deepen supply-side structural reform in the financial sector and strengthen the sector’s ability to serve the real economy.
China and the United States are expected to come to an agreement soon over trade frictions, analysts said, as the negotiating teams a
re reported to be discussing the wording of an accord and considering applying the brakes to their tariff standoff.
They made the prediction after Chinese and US officials said there had been concrete p
rogress on multiple issues in the latest round of trade talks in Washington.
During the latest talks, held from Thursday to Sunday in Washington, the seventh round since February of last year, th
e two sides focused on the text of an agreement, the Chinese delegation said, according to a Xinhua News Agency report.
The negotiators also had made substantial progress on such specific issues as technology transfers, protection of i
ntellectual property rights, nontariff barriers, the service industry, agriculture and exchange rates, the delegation said.
On the basis of the latest progress, the two sides are expected to continue their work
into the next stage, in accordance with the instructions of the two countries’ top leaders, according to Xinhua.
United States is particularly appealing to North Korea, who believes a good relationship with the United States can h
elp create the right environment and necessary conditions for achieving North Korea’s new strategic drive toward ec
onomic development,” said Tong Zhao, a fellow at the Carnegie-Tsinghua Center for Global Policy in Beijing.
The concept isn’t new, of course. During his time as an Asia expert at the State Department in the Clinton administration, Evans Revere said negoti
ators working with North Korea were even then trying to point them to Vietnam, which was beginning to reap t
he benefits of market reforms and becoming a member of good international standing.
”We thought, somewhat naively back then, that this would appeal to the North Koreans gre
atly and that our commitments to work with them on bringing about a modernized economy w
ould be so attractive … that they would stand down from their nuclear weapons program. We were wrong,” Revere said.
”If all of these incentives or this incentive-based approach to coaxing North Korea do
wn a new path did not work when they didn’t have nuclear weapons, and it didn’t work to prevent th
em from developing nuclear weapons, why will it work now that they are in effect a nuclear weapons state?”
seemed indicative of what was already deemed one of the most wide-open races i
n years, given the lack of consensus among guild awards leading up to Sunday’s event.
Perhaps no surprise came bigger than best actress, as “The Favourite’s” Olivia Colman upset
seven-time nominee Glenn Close, who had marched through awards season with enough victories to m
ake her a presumptive favorite. (Colman, in an emotional speech, practically apologized to Close for wi
nning.)s for politics, a recurring theme involved the Trump administration’s immigration polices, including an early jo
ke from Maya Rudolph that among the things that wouldn’t be happening during the telecast, “Mexico is not paying for the w
all.” For his part, Malek referenced being a first-generation American, the son of Egyptian immigrants.
Still, the most overt and rousing rejoinder belonged to Spik
e Lee — a winner for adapted screenplay for his movie “BlacKkKlansman” — who pointed to
the 2020 election, urging people to “be on the right side of history. Let’s do the right thing!” Congressman and civil-rig
hts icon John Lewis also received a prolonged ovation, introducing “Green Book.”
Marvel’s “Black Panther” looked like a contender by claiming a pair of early awards, and made
history in the process: Ruth E. Carter and Hannah Beachler became the first African-American w
omen to win for costume design and production design, respectively. The film was also honored for its musical score.
”Roma” didn’t walk away empty handed, earing best foreig
n-language film. Its director, Alfonso Cuaron, was honored for directing and cin
ematography for the black-and-white period drama, a deeply personal look back at the women who raised him.
Cuaron’s marks the fifth time a Mexican director has won that
award in the past six years, a stretch that includes his previous win for “Gravity” in 2014.
Guillermo Del Toro — who presented the statuette to Cuaron — was t
he victor last year for “The Shape of Water.” The third member of the “Three Amigos,” as the
y are affectionately known, is Alejandro G. Iñárritu, a winner for “Birdman” and “The Revenant.”
Mahershala Ali received his second Oscar in three years for “Green Book,” and the film al
so won for original screenplay, despite separate controversies related to its director and w
riter. With his prior award for “Moonlight,” Ali becomes only the second African-American actor with multiple Os
cars, joining Denzel Washington. A tearful Regina King took the first award of the night, winning supporting actress f
or “If Beale Street Could Talk,” director Barry Jenkins’ adaptation of the James Baldwin novel.
national security, and peace in Northern Ireland would be compromised in the case of a no-d
eal Brexit, and added the scenario would risk inflaming the nationalist sentiment in Scotland.
”Far from Brexit resulting in a newly independent United Kingdom, stepping boldly into t
he wider world, crashing out on March 29 would see us poorer, less secure and potentially splitting up,” they write.
Rudd, Clark and Gauke also cautioned members of the European Research Gro
up (ERG), a Parliamentary alliance whose members advocate for a no-deal Brexit and have previously voted do
wn May’s deal, that their lack of cooperation would be responsible for a postponement in the Brexit process.
”It is time that many of our Conservative parliamentary colleagues in the ERG recognized that Parliament will stop a disastrous No Deal Brexit on Mar
ch 29. If that happens, they will have no one to blame but themselves for delaying Brexit,” they wrote.
It was September 6, 2018. The two Saudi sisters were on a family vacation in Colombo, Sri Lanka. For weeks, they had helped their mother organize the trip, feigning
excitement at the possibility of two weeks away from Riyadh, but knowing that if all went to plan, they’d never go back.
Failure was not an option. Every step of their escape from Saudi Arabia carried the threat of severe punishment or death.
”We knew the first time, if it’s not perfect, it will be the last time,” Reem says.
CNN has changed the sisters’ names and is not showing their faces, at their request for their safety.
The sisters say years of strict Islamic teaching and physical abuse at home had convinced them that they had no future in a socie
ty that places women under the enforced guardianship of men, and limits their aspirations.
”It’s slavery, because whatever the woman will do it’s the business of the male,” Rawan says.
And that’s why aged 18 and 20, they stole back their own passports, hid their abayas under the b
edcovers, snuck out of their holiday home and boarded a flight from Colombo to Melbourne, via Hong Kong.
The Hong Kong stopover was supposed to take less than two hours.
Two hours has turned into five months.
is expected to decide this spring which suppliers can provide technology for 5G networks. If it chooses to allow the use of Huawei gear
it could seriously undermine the US campaign against the company and influence other governments that are weighing how to handle the issue.
The UK Department of Culture, Media and Sport said in a statement earlier this w
eek that it was “looking at a range of options” and that “no decisions have been taken.”
’A rigorous, ruthless advancement of China’s interests’
The RUSI report — written by former diplomat Charles Parton, who spent 22 years working in mai
nland China, Hong Kong and Taiwan — warned that the UK government needed to stay alert for int
erference from the Chinese government across a range of fronts, including politics and research.
Britain is a particularly appealing target for interference as a close
US ally with a large Chinese ethnic community and an open, advanced economy, Parton said.
Huawei founder Ren Zhengfei: The US ‘cannot crush us’
”Beijing’s interference is not aimed at subverting the West, but represents a rigorous, ruthl
ess advancement of China’s interests and values at the expense of those of the West,” he wrote.