Month: March 2019
US senators sharply questioned regulatory officials on Wedne
sday about the Federal Aviation Administration’s reliance on Boeing Co’s engineers to cert
ify the safety of the company’s new 737 Max 8 aircraft, which was involved in two fatal crashes in the past five months.
A self-certification procedure called Organization Designation Authorization came under scr
utiny at a hearing of the Senate Commerce Committee’s aviation subcommittee in Washington. Testifying wer
e Daniel Elwell, acting FAA administrator; Robert Sumwalt, chairman of the National Transportation Saf
ety Board; and Calvin Scovel III, Transportation Department inspector general.
For decades, the FAA has delegated some authority for certifying new aircraft to the manufacturers, reducing government costs.
After the crashes of Lion Air in Indonesia in October and Ethiop
ian Airlines this month, which killed a total of 346 passengers and crew members, critics have ci
ted the self-certification process as evidence of an overly cozy relationship between the FAA and the industry.
nts in Sichuan, Shaanxi and Shandong provinces as well as Beijing will eventually be able to sell bonds at count
ers in commercial banks directly to retail investors, and the practice will be expanded nationwide after an additional period of time.
The ministry said individuals do not need to pay taxes on the bonds’ interest income, and this policy is likely to attract more investors.
Selling local government bonds to retail investors should facilitate liquidity
in the secondary market, improve the market-oriented bond pricing mechanism and pu
sh issuers to enhance the quality of information disclosure, said Amanda Du, a Moody’s vice-president and senior analyst.
“Higher coupon rates compared with treasury bonds, and the tax exemption on the interest income, make
local government bonds more attractive for retail investors,” she said. “The fast takeup by retail investors also indicates that the
bonds have won high recognition among individual buyers, supported by the local governments’ high credit ratings.”
ister in a row to have fallen foul of divisions over Europe within her centuries-old party, following David Cameron, John Major and Margaret Thatcher.
Most voters think the Brexit negotiation has been handled badly and there may now be a slight majority for staying in the EU, rec
ent polls suggest. Many Conservative MPs say May herself has caused the chaos by not negotiating harder with the EU.
“It was inevitable and I just feel she’s made the right decision. She has actually read the m
ood of the party, which was a surprise,” said Conservative lawmaker Pauline Latham.
Over two decades since her debut appearance at Wimbledon, Chinese legend Li
Na still remembers her awkward introduction to the iconic London tournament.
Li first competed there in the girls’ singles in 1998, and was tripped up by the switch f
rom hard courts to grass, not to mention the All England Club’s famous sartorial etiquette.
“I had no clue at all on how to play on grass,” Li recalled at Tuesday’s The Road to Wimbledon junior training camp in Beijing.
a different pair of shoes for the surface. I was overwhelmed, in an embarrassing way.”
Li played the final match of her stellar career at Wimbledon 2014 before retiring due to a chronic knee injury two months later.
Now enjoying life as a housewife and businesswoman, the two-time Grand Slam singles champion spares no effort to en
sure that China’s new generation of players are better prepared than she was for life as a pro.
Her passion for the sport remains undiminished and shone through at Tuesday’s event at Beijing’s
1123 Junior Tennis Academy, where the 37-year-old hit shots with some young hopefuls and shared insights about life on the tour.
With more international tournaments visiting the country and strong government support and investment, tenni
s has entered the athletic mainstream in China, yet the nation still hasn’t found anyone to assume Li’s throne.
bird’s reproductive system was not behaving normally. The eggshell consists of two layers instea
d of one as in normal, healthy bird eggs, indicating the egg was retained too long inside the abdomen, Bailleul said.
This condition occurs in living birds as a result of stress. Unlaid eggs may be coated with a second laye
r, or sometimes more, of shell. This abnormality has also been documented in sauropod dinosaurs, and in fossil and living turtles.
In addition, the eggshell was extremely thin, thinner than a sheet of paper, and did not have the proportions of a healthy egg, Bailleul said.
hina’s civil aviation regulator has temporarily stopped issuing airworthine
ss certificates for Boeing 737 Max 8s because of safety concerns, a move an expert said will bring huge economic losses to Boeing.
Two Boeing 737 MAX 8s have crashed in the last five months. All 157 pa
ssengers and crew members of a 737 MAX 8 operated by Ethiopian Airlines died on Mar 10, includi
ng eight Chinese nationals. In October, the same model of plane, operated by Lion Air, went down over the Java Sea, killing 189.
diplomatic ties. During their meetings, Xi agreed with French President Emmanuel Macron and Prime Minister Edouard Philippe to f
orge a more solid, stable and vibrant China-France comprehensive strategic partnership, and continue to explore the way for major countries to get al
ong with each other, which should feature independence, mutual understanding, foresight, mutual benefit and win-win outcomes, Wang said.
In the joint statement issued by China and France on jointly safeguarding multilateralism and improving global governa
nce, the two sides pledged to build international relations of mutual respect, equality, justice, and win-win coop
eration on the basis of respecting international laws and the basic principles of international norms, Wang said.
Speaking of Xi’s visit to Monaco, Wang said leaders of the two cou
ntries have agreed to firmly stick to the correct direction of bilateral relations, adhere to open
ness and cooperation, and pursue more win-win results so as to jointly elevate the China-Monaco relations into a new era.
During Xi’s talks with Prince Albert II, head of state of the Prin
cipality of Monaco, the Chinese president said both sides should adhere to openness and cooperation a
nd pursue more win-win results, adding that China welcomes Monaco to actively participate in the joint development of the Belt and Road.
came to Europe again in his first overseas trip this year, manifesting the great importance China attaches to Europe, Wang said.
In a world of unprecedented transformations, Xi noted that a stable, strategic and reciprocal China-EU relationship is urgently needed.
Wang said during his visit, Xi had in-depth communication with the European leaders to discuss cooperation in internation
al issues and reached important consensus of adhering to multilateralism, and discarding isolationism and unilateral moves.
He also said Xi and the European leaders agreed to enhance coordination and cooperation wit
hin the UN system, give full play to the constructive role of global and regional multilateral mechanisms s
uch as the World Trade Organization, the International Monetary Fund, the World Bank, and Group of 20 and the EU, and
actively contribute to solving international conflicts, combating climate change and promoting sustainable development.
In his keynote speech at the global governance forum, Xi raised “four deficits” in global affairs including governance deficit, tru
st deficit, peace deficit and development deficit. To address these deficits, he proposed a four-pronged approach of fairness and reas
onableness, consultation and understanding, joint efforts and mutual assistance and mutual benefit and win-win results.
inated and inter-connected, and fair and inclusive approach and forge a growth
model of vitality, a cooperation model of openness and win-win results, and a developm
ent model of balance and common benefits, so that people from across the world could share the benefits of economic globalization, Xi said.
This year marks the 70th anniversary of the founding of the People’s Republic of China, Wang said.
During his visit, Xi, based on China’s just-concluded Two Sessions earlier this month, illu
strated to the European leaders the fine performances of the Chinese economy which had overcome multiple challenges in 2018.
Wang said Xi also introduced the newly-adopted foreign investment law, emphasizi
ng that it is necessary to use legal means to better protect intellectual property rights and attract foreign investment.
Xi pointed out that China will continue to push forward all-round reform and opening-up, promote trade and investment
liberalization and facilitation, so that European friends can better share China’s development opportunities.
port, global energy-related carbon dioxide emissions rose by 1.7 percent to 33 gigatonnes last year, the highest level since
2013. Coal use in power generation alone surpassed 10 Gt, accounting for one-third of the total increase.
The fact that most of the increase in coal use comes from coal power plants in developing Asia points to the harsh reality that greenhouse gas emissions are the cost be
ing paid for development. That the majority of coal power plants in Asia are only 12 years old on average, decades short of the
average life span of around 50 years, shows how challenging it is to cut CO2 emissions and maintain economic growth.
That the developing countries obtain help from their developed co
unterparts in both funds and technologies is essential to the fight against global warming.
It is high time that countries appreciated the urgency of this comm
on challenge and how important it is for concerted efforts to cut greenhouse gas emissions.
A memorial service was held on Wednesday for victims who died in a chemical plan