Solana hailed the development of relations between China and the Europea
n Union, saying they could work together to uphold the existing international system.
“I think cooperation between China and the European Union is very impor
tant. And fortunately, that relationship now is in a good direction,” said Solana, who se
rved as the EU’s high representative for common foreign and security policy between 1999 and 2009.
He expected China to play a bigger role in the upcoming Group of 20 summit in Osa
ka, Japan, saying that leaders of major powers should sit down and have productive talks.
He hailed the Belt and Road Initiative, and said it is a good platform for international cooperation.
philosophies to enhance the exchanges and mutual learning of diverse civilizations.
Frederick W. Russell-Rivoallan, a program specialist and head of social and human sciences for UNESCO, hailed the dialogue of Asian civilizations.
“It’s a great way to concentrate in this part of world, but it’s also
a global inspiration – bringing countries together, understanding other cultures, respecting each
other and sharing with each other,” he said. “That’s the way that we can understand each other better and live together better.”
China will extend 1,000-Megabyte broadband connection to more than 300 cities and cut the
average service rates by 15 percent for small and midsized enterprises this year. The measures are desi
gned to achieve multiplying effects of expanding domestic demand, boosting employment and improving people’s lives.
The decision was made at the State Council’s executive meeting chaired by Premier Li Keqiang on May 14.
ups that have spent years raising money in private rounds at record prices. Many of these com
panies are now looking to follow with their own IPO. Some, like Uber and Lyft, are unprofitable.
Workplace messaging company Slack Technologies Inc plans to hold an investor presentation on Monday in adv
ance of its direct listing next month. Grocery and food delivery platform Postmates, WeWork owner The We Co
mpany and online mattress retailer Casper Sleep are among startups seeking to launch IPOs this year.
“If a venture capital investor wants to burn cash they can do that as long as they want, bu
t once you get to the public markets you have to show profitability or a path to it,” said Jordan Stuart, a po
rtfolio manager at Federated Kaufmann who often purchases companies’ shares during an IPO.
ted results. But the higher rate of FAI growth was to a large extent driven by a strong increase in investment in real estate, which is l
ikely to weaken sooner or later owing to the government’s commitment to cooling China’s “real-esta
te fever”. And, given the trade frictions with the US, China’s export performance for the rest of 2019 is highly uncertain.
To compensate for declining investment in real estate and weakening exports, China must maintain reasonable growth in inf
rastructure investment. To that end, the government should pursue higher spending (taking advantage of a strong fis
cal position), supported by accommodative monetary policy (amid very low inflation).
Fiscal and monetary expansion may be out of fashion among China’s mainstream economists, who insist that struct
ural adjustment must be the priority. But it could go a long way toward bolstering China’s economic per
formance in 2019, without impeding structural reform. The challenge is to strike the right balance.
Concern over the recent escalation of tensions between Palestinians and Israelis have been temporarily relieved after Palestin
ian leaders in Gaza agreed a cease-fire with Israel early on Monday. Right now, nothing is more important than u
pholding the cease-fire as the atmosphere between the two rivals has not been so combustible since 2014.
Since Friday, militant groups in Gaza have fired more than 600 rockets a
nd other projectiles at southern Israeli cities and villages, killing four Israeli civilians, wit
h Israel retaliating with air and artillery strikes, killing 27 people, including 14 civilians, in Gaza.
The latest border clashes, the most deadly since 2014, have occurred against the backdrop of the changing Middle East po
licy of the United States, which has seen the US drop any pretense of impartiality and make clear its support of Israel.
integration－trade, investment and finance－began benefiting large emerging and developing econ
omies. To be sustainable, globalization cannot serve just a few wealthy advanced economies. It m
ust also serve poorer and faster-growing economies, which today account for most of the global growth.
So, by flirting with trade protectionism and punitive tariffs on imports, adva
nced economies are seeking to implement the wrong policies at the wrong time. As the adv
anced countries have fallen into secular stagnation, they desperately need growth. Therefore, the rise of poorer eco
nomies is not a win-lose game, because it benefits the advanced economies, too.
In the aftermath of the 2008 global financial crisis, all major advanced econom
ies would have faced another Great Depression without the support of large emerging economies, particularly Ch
ina. And the contribution of these countries to global GDP growth is expected to climb to 80 percent by 2050.
umption in 2019 is expected to grow 5.8 percent. Demand for coal is expected to hit 3.95 billion
tons, with the power sector still playing a significant role in the consumption of coal.
Consumption of oil is predicted to reach 620 million tons, up 1.6 percent year-on-year, while
the growth rate for natural gas consumption is expected to slow, with an annual consumption of 310 billi
on cubic meters in 2019, up 10.4 percent year-on-year, it said.The 2019 Beijing International Horticultural Ex
hibition (Expo 2019 Beijing) opens to visitors Monday, and will showcase a wide variety of flowers, fruits, vegetables and
herbs from across the world, including more than 300 rare and endangered plant species.
Nearly 20,000 volunteers across media, translation and giving directio
ns will work at the 162-day event, running April 29 – Oct 7. Click to watch their greetings in s
even languages: Chinese, English, Russian, French, German, Spanish and Japanese.
comes in time because, if passed, it will provide better regulations of the gene-editing activities over embryos.
Besides, the draft law did not list clearly the definition of gene-edited em
bryos. Technically speaking, if a fertilized egg is genetically edited and grows into an embr
yo, the total process should be considered gene-editing of embryo and put under the regulation of the law.
Zhang Dake, an associate researcher at Beijing Institute of Genomics, Chinese Academy of Sciences
In the past, “health rights” mainly referred to the right to stay healthy and free from injuries. T
he draft amendment this time follows the latest progresses in genetic technologies by extending its defin
ition to cover genetic resources, and will be a guiding principle for relevant disputes in the future.
More importantly, the civil code is a guiding law for all laws in the ci
vil sector. If the draft amendment passes, more related laws, regulations as well as sta
ndards will be amended or drafted in the future, which is a major progress in legislation.
prisonment, civil assault and battery, as well as sexual assault or batter
y, seeking damages in excess of $50,000, according to a report from Reuters.
The court filing said JD is “vicariously liable” for Liu’s behavior as his alleged actions happened while
he was “seemingly” at work-related activities, and the assault and battery began in the presence of two other JD employees.
“We have not yet reviewed the complaint and are not going to comment on pending litigation, but based on the Hennepin County A
ttorney’s declination to charge a case against our client and our belief in his innocence, we feel strongly that this suit
is without merit and will vigorously defend against it,” Liu’s attorney Jill Brisbois said in a written statement.
Peter Walsh, an attorney for JD, said in a statement while it was not prepared to com
ment at this time, the company would vigorously fight against these “meritless claims”.
e before Britons would have to vote in a May 23-26 election to the European Parliament — a condit