The People’s Bank of上海千花坊on Saturday that it wil

ll improve the mechanism of the loan prime rate-the price of loans banks offer to their best clients-and use the mech

anism as the reference rate for business and household loans. The move was broadly seen as China’s effort to give th上海千花坊女神会所

e market a greater say in setting prices and to lower the real interest rate for companies.

上海千花坊”The rate reform will help reduce borrowing cost for companies so that they can expand investment and

production. It will also help improve corporate profitability,” said Yu Ke, an analyst at Guoyuan Securities.

The central authorities’ decision to support the development of Shenzhen also boosted the pric上海千花坊女神会所

es of technology companies on Monday as Shenzhen is the home of many high-tech and innovative firms.

The guideline also said that it will explore the registration-based initial p

上海千花坊ublic offering system on the startup board in Shenzhen and will support the city in car

rying out foreign exchange reform and accelerate the internationalization of the renminbi.

Ma Tao, an analyst at Caitong Securities, said that investment opportunities could emerge from technology sectors includ上海千花坊

ing 5G, artificial intelligence and life science as the guideline from the central authorities will help strengthen Sh

enzhen’s advantage as the leading technological and innovation hub for the country.上海千花坊女神会所

An index that tracks major securities brokerages also soared by 6.9 p

ercent on Monday as investors believed that a market rally will benefit securities firms.

上海千花坊The securities regulator has expanded the number of stocks qualified for the margin

trading and short selling business of the securities brokerage and has relaxed margin financing rules. The deci

sion became effective on Monday, which also helped lift the stock prices of securities firms.上海千花坊女神会所

Many young people in Hong Kong seem to have misunderstandings about the Chinese mainland and the United States.

No matter how noble an individual goal is, the collective outcome could be exactly the opposite of what each individual wa

nted. When I taught social decision theories, my students often could not believe thei上海千花坊女神会所

r eyes that collective decisions are necessarily dictatorial, even under very minimal assumptions. That is an implic

ation of the Arrow’s impossibility theorem developed by Nobel laureate Kenneth Arrow.

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The riots have become 上海会所iolent. The police ha

But this is also an exact description of the rising violence between two bitterly distrustful religious communities that I witn

essed on the streets of my native Belfast in British-ruled Northern Ireland exactly-uncannily-half a century ago as a te上海会所

enager in that unforgettable, agonizing August of 1969. The lessons I learned then would serve the people of the H

上海会所品茶微信ong Kong Special Administrative Region well today before they bring an unimaginable disaster upon themselves.

Violent protests against authorities never bring peace. They only bring war, destruction

and suffering-almost always on a scale that none of the demonstrators could have imagined when they took to the上海会所

streets. Prosperity never follows violent protests. At best, there is mass unemployment and despair as local bu

sinesses and national investment flee the territory-a process which could continue for decades. You do not build fac上海会所品茶微信

tories and hire workers when those factories could be razed in one of the endless clashes.

The “freedom” the demonstrators in Hong Kong have been demanding is illusory. It is fool’s gold. It is the mythical pot o

上海会所f gold at the end of the rainbow. This kind of “freedom” will never benefit the people of Hong Kong. At best it could be gra

nted, but at the cost of a serious decline in investment from both the Chinese mainland and other regions of Asia.

Hong Kong’s enormous advantage for decades, including the past two decades under Chinese a上海会所品茶微信

utonomous rule, has been that it is considered a secure, predictable and safe place to do business wit

h the mainland and with the wider region. But that no longer seems true. The longer the protests rage and the wi上海会所

der and more serious they become, the more that incalculable advantage will be eroded.

When I was a young boy, Belfast was still the largest ship building center on earth. In the late上海会所品茶微信

1960s, the British government invested in two gigantic gantry cranes called Goliath and Samson-at the time the

largest such pieces of machinery in the world-to build super oil tankers. They still stand today as tourist attr

上海会所actions, looming 32 and 35 floors high over the city. But they were never used industrially. Not once. The N

orthern Irish Civil War (known with masterly understatement as “The Troubles”) saw to that.

The great shipyard that at its peak employed 35,000 workers became an indust上海会所品茶微信

rial wasteland peopled only by ghosts. Even after peace finally returned to Northern Ir

eland, after 30 years of civil strife, the great complex on Queen’s Island never recovered, never revived.

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The first National Park 上海乌托邦med “Establish the

e Mechanism of Nature Reserve Areas with National Parks as a M

ajor Component”, opened on Monday in Xining, capital of Qinghai province.上海乌托邦女神会所

In 2017, China devised a national park system aimed at protecting more of the country’s areas of outstanding natural bea

uty. The country’s first pilot national park in the Sanjiangyuan area of Qinghai is set to open in 2020.

上海乌托邦女神会所Xi said the purpose of establishing the national park system is to pr

otect the authenticity and integrity of natural ecosystems, preserve biological diversity, pr

otect ecological buffer zones and leave behind precious natural assets for future generations.上海乌托邦

The system is an important measure taken by China to promote ecological prote

ction, build a beautiful country and pursue harmony between humans and nature, he said.

上海乌托邦女神会所Building China’s ecological civilization should draw on the successful experience of other countr

ies while meeting China’s national conditions, the president said, encouraging the participants of the foru

m to conduct in-depth discussions and brainstorm for a better future for world ecological civilization.上海乌托邦

About 450 representatives from central governmental departments, national park sy

stem pilot provinces, research institutions and international organizations attended.上海乌托邦

The United States should immediately revoke its planned sale of F-16 fighter jets to Taiwan

上海乌托邦女神会所or accept the possible consequences, the Foreign Ministry said on Monday, after US President Donald T

rump was quoted in reports as saying he had given a green light to the $8 billion deal.

Trump said he had approved the deal in New Jersey late last week, Taipei-based Central News Agency reported on Monday.上海乌托邦

Speaking at a news conference in Beijing on Monday, Foreign Ministry spokesman Geng Sh

uang said he was aware of the reports, and repeated China’s firm opposition to the planned sale.

上海乌托邦女神会所China has lodged solemn representations several times to the US over the sale, which gravely violat

es the one-China principle and the stipulations in the three China-US joint communiques, Geng said.

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new foreign-funded 上海千花坊es were started, the m

With industrial and consumption upgrades, investment in hig

h-tech industries climbed 43.1 percent year-on-year — 29.3 percent of the total FDI — am上海千花坊女神会所

ong which the high-tech service sector gained 97.4 billion yuan in FDI, up 63.2 percent.

上海千花坊Zhang Xiaofan, a partner at Deloitte’s global Chinese services group, said trade tensions between China and the United Sta

tes will not force any country or region to replace China’s position as a key player in the global supply chain.

Because of its members’ different cultures, currencies and po上海千花坊

litical systems, the Association of Southeast Asian Nations cannot match China’s size as a

huge consumption market. Neither can ASEAN members muster as many policy and institutional advantages as Chin

a to fine tune economic structures and fend off potential financial risks, Zhang said.上海千花坊女神会所

China also has a well-developed infrastructure to support the real economy, Zhang added.

Attracted by China’s consumer market driven by an expanding middle-income group

上海千花坊女神会所and fast developing information technology, foreign investment from Germany and the Republic of Korea surg

ed in the first seven months, posting growth rates of 72.4 percent and 69.7 percent year-on-year, respectively.

FDI from the European Union rose 18.3 percent year-on-year, while

FDI from countries participating in the Belt and Road Initiative grew by 5 percent.上海千花坊女神会所

Joerg Wuttke, president of the European Union Chamber of Commerce

in China, said that to prevent risks caused by unilateral actions, China and the Eur上海千花坊

opean Union should further efforts to reach the EU-China comprehensive agreement on invest

ment by 2020, perhaps eyeing a new free trade agreement soon after that.

cn-yongan.com

are dancing is an an上海后花园noyance no more in

The move has impressed many in the neighborhood. A female reside

nt surnamed Wen, owner of a snack counter opposite the square, has witnessed s上海后花园

everal conflicts in the past and said she’s very happy the seniors have solved the problem.

上海后花园女神会所Before the new technology was put into use, some dancers worried whether wearing a headset is harmful to their ears or

whether they could all hear the same music at the same time. They found this wasn’t a problem at all.

Originally a small team with a few dozen people when it was founded nine years ago, the Nanning上海后花园

Dream Team is now a large square dance group with 121 members. Members are from Guangxi, Sh

andong, Chongqing and other places and are all retirees above 50, with the oldest 82 years old.

Their daily hour-long square dances are held from 8-9 pm.上海后花园女神会所

Besides their regular evening dancing, the dancers also enter will provincial dance competitions in Guangxi and travel together.

上海后花园Many Chinese netizens and media accounts have forwarded video of the Nanning Dream Team square dancing w

ith their headsets to support them, thinking it is a practice worth expanding nationwide.

he average income of tourism employees in Hong Kong has slumped by nearly上海后花园女神会所

80 percent year-on-year over the past two months, while more than 10 percent of to

urism employees had zero income, a joint survey by three tourism trade unions in the city found.上海后花园

The results of the survey, which was conducted in early August, were released on Mo

nday. A total of 1,012 workers in Hong Kong’s tourism sector completed the survey questionnaire.上海后花园女神会所

Respondents said that compared with the same period last year, on average, the number of tour groups they received d

ropped more than 70 percent and their earnings were down by about 75 percent since this June. Among them, 40 percent sa

w a fall of more than 90 percent in income and more than 10 percent had no income at all.

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Police will strictly enforc上海419ng Kong Special Admi

ministrative Region (HKSAR) government and police have condemned illegal assemblies by protesters in Ko

上海419品茶微信wloon and the New Territories and said that police will strictly enforce the law against all violent and illegal acts.

The HKSAR said on Saturday that protesters who breach the law should be brought to justice, while the police reiter上海419

ated on early Sunday that anyone participating in an unauthorized assembly will be committing an offence.

A large group of protesters gathered in Tai Po on Friday although their request of such an event had been turned down by the police.

上海419品茶微信They damaged public properties and blocked thoroughfares including the K

owloon entrance of the Cross-Harbor Tunnel, and they also set fires in various places.

According to the police, some protesters aimed laser beams at police officers and some even hurled objects and stones at police officers.

After repeated warnin上海419gs, the police dispersed the protesters, sometime using tear gas when necessary.

During the operation, HKSAR police arrested 16 people for unlawful assembly, possession of offe

上海419nsive weapon, assaulting a police officer and obstructing a police officer in the execution of duties.

The International Monetary Fund (IMF) said in a report on Friday that the yuan’s exchange r

ate was “broadly in line with medium-term fundamentals” and China’s central bank “has had little foreign exch上海419品茶微信

ange interventions in recent years”, a conclusion that clarifies China’s innocence from currency manipulation.

The IMF said that the country’s external position in 2018 was “broadly in li

上海419ne with the level consistent with medium-term fundamentals and desirable policies”.

The organization also welcomed China’s efforts to reform its exchange rate regime to make the yuan more fle

xible, according to its report released after its latest Article IV consultation with China that concluded on July 31.上海419品茶微信

The clarification by the IMF indicates that the US Treasury’s reckless claim on Mon

day of China engaging in currency manipulation is nothing but unfounded finger-pointing.

www.aishedesaf.com

It has been reported t上海千花网monstrators often

violently attacked those who are against their opinions or who take pictures of them. Ta Kung Pa

o reported that when a female Hong Kong resident took out her cellphone on the subway a group of rioters上海千花网

surrounded her and were ready to beat the woman only because they suspected she was taking photos of them.

上海千花网However, nobody knew about their real identities because their faces were hidden behind masks.

The Civil Aviation Administration of China on Friday issued a major aviation safety risk warning over上海千花网女神会所

Cathay Pacific Airways in Hong Kong for a number of security risks and hidden dangers exposed recently.

The administration said some flight personnel of Cathay Pacific had pa

上海千花网rticipated in violent acts and been charged for related crimes, but were not being b

anned from aviation activities. The charges involved passenger information being leaked maliciously.

Such practices have shown there are hidden dangers to aviation上海千花网

safety, and have increased aviation risks from Hong Kong to mainland, the regulator said.

To maintain the order of air transport and protect passenger

上海千花网女神会所s’ safety, the administration imposed three conditions on Cathay Pacific .

From Saturday, Cathay Pacific should ban all staff who have participated and supported ill

egal protests and violent activities in Hong Kong, as well as those with records of extreme behaviors, from flyi上海千花网

ng mainland-related flights or performing other duties related to mainland aviation .

From Sunday, the company should share the information of all crew members who fly fl

上海千花网女神会所ights to the Chinese mainland or over the airspace of the mainland to mainland c

ivil aviation authorities. Without approval, flights will not be accepted to the mainland, the regulator said.

moefantasy.cn

If we, after a tragedy上海千花坊confine ourselves to do

oing those things that would have prevented this tragedy

上海千花坊we are missing a real opportunity,” DeWine said. “So we need to look at these tragedies together.”

President Donald Trump, who is expected to visit Dayton on Wednesday, has said he wants Washington to “come t

ogether” on legislation providing “strong background checks” for gun users, but he gave no details.上海千花坊女神会所

The Democrat-led House has passed a gun control bill that includes fixes to the nation’s fir

上海千花坊earm background check system, but it has languished in the Republican-controlled Senate.

The El Paso and Dayton killings have contributed to 2019 being an especially deadly year for mass killings in the US.

A database by The Associated Press, USA Today and Northeastern University shows tha上海千花坊女神会所

t there have been 23 mass killings so far this year, claiming the lives of 131 people. By comparison, 140 people died

in mass killings in all of 2018. The database tracks every mass killing in the country dating back to 2006.

上海千花坊For most of the 19th and much of the 20th century, China was called, “the sick man of Asia”. But

those days are over. As President Xi Jinping observed, “China has bid farewell to the problems that p

lagued its people for thousands of years, including hunger, shortages and poverty.” In a matter of decades, China has suc上海千花坊女神会所

cessfully transformed itself from a closed and relatively backward country into a global economic and political power.

上海千花坊China’s ascendency is generating some questions. One question centers on the country’s role in glob

al health. This is because China is making rapid progress in all four primary domains of global he上海千花坊女神会所

alth-health aid, health security, health governance and health information exchange

www.youhuileyuan.cn

Zhang said it is a routine 上海419论坛practice to organize such me

meetings to strengthen communication with different sectors of the H

ong Kong society and hear their views and opinions for better policy-making.

上海419论坛女神会所The last time that such a symposium was held was in August 2014, before the illegal “Occupy Central” movement.

orn and raised in Hong Kong, Margaret Chan Fung Fu-chun, former director-general of WHO, sai

d she hardly recognized the city now because of the sustained violent attacks on the city’s rule of law.上海419论坛

The success of Hong Kong, as a diverse international metropolis, relies on respecting different voices,

上海419论坛and resolving the differences through dialogue, Chan s

aid, speaking after attending the morning session of the full-day symposium.

With her voice trembling, Chan said she loves Hong Kong, freedom and democracy.

However, she noted that in her approximately 25 years working as a civil servant under the上海419论坛

colonial government, she had never seen so many people free to go on the streets to protest, a right that w

ould not have happened without the Basic Law and “one country, two systems”.

上海419论坛女神会所She called on the public of Hong Kong to step forward to protect Hong Kong and say no to violence, as Hong Kong is in a dangerous situation now.

Ex-US Treasury head says department’s credibility ‘damaged’ by accusing China of manipulating yuan

Former US Treasury Secretary Lawrence Summers on Tu上海419论坛

esday criticized the Trump administration’s decision to name China a currency manipulator, and said Tre

asury Secretary Steven Mnuchin has “damaged his credibility and that of his office” by doing so.

上海419论坛女神会所In an op-ed article published in The Washington Post, Summers said:

“By labeling as Chinese currency manipulation an exchange-rate move that was obv

iously a natural response to his boss’s policies, the secretary has damaged his credibility and that of his office.

“It will be harder now in the next difficult financial moment for Treasury Departm

ent pronouncements to be credited by market participants. Having seen the Unite

d States label China a manipulator, the world will wonder whether and how the United States w

whcoding.cn

David French, senior vice上海后花园government re

 relations at the National Retail Federation, a leading opponen

上海后花园t of tariffs in the US, said tariffs imposed over the past year haven’t worked, and there is no evid

ence the equivalent of another tax increase on US businesses and consumers will yield new results.

“We are disappointed the administration is doubling-down on a flawed tariff strategy that上海后花园女神会所

is already slowing US economic growth, creating uncertainty and discouraging investment,” French sa

id, adding that additional tariffs “will only threaten US jobs and raise costs for American families on everyday goods”.

上海后花园”Although the result of Sino-US trade talks and its impact on China’s economy is not entirely predictable at this stage, in gene

ral we are positive about China’s commitment to its opening-up policy and are optimistic about China’s economy and b

usiness environment,” said Eric Liu, managing partner of Shanghai-based Zhao Sheng Law Firm.上海后花园女神会所

hina’s financial services sector is seeing acceleration of opening-up, which will likely attr

act big names in the global securities industry, gradually reshaping the local securities landscape, experts said.

上海后花园During the 2019 World Economic Forum’s Annual Meeting of the New Champ

ions in Dalian, also known as the Summer Davos Forum, Premier Li Keqiang said that China will allow full foreign o

wnership of securities firms, futures business and life insurance companies by 2020.上海后花园女神会所

With that, the limit on foreign ownership in the financial services sector wi

ll be lifted one year in advance, compared to the former plan announced in mid-2018.

上海后花园In late March, the China Securities Regulatory Commission approved the establishment of JP

Morgan Securities (China) Co Ltd and Nomura Orient International Securities Co Ltd, which are joint-ve

nture securities firms with the foreign company taking the controlling 51-percent sta上海后花园女神会所

ke. UBS Securities was the first to get such approval in China at the end of last year.

shuyin-edu.cn