Monthly Archives: February 2019

The country will also push for high-quality developmen

of the sector with a focus on improving financial services and forestalling financial risks.

Opening-up of China’s financial factor has sped up, as the country re

moved foreign ownership caps of banks and financial asset management firms last year.

Richard Turnill, global chief investment strategist of BlackRock, an American global investment man

agement corporation, is also positive on China’s stocks market, according to the Barron’s report.

Turnill said stronger inflows into Chinese A-shares, and China’s efforts to boost credit growth and sti

mulate its economy are also helpful to a bullish stock market.

However, selectivity of stocks is needed, Turnill said, adding that BlackRock favors b

rokers and companies related to the domestic consumer that can benefit from the efforts to stimulate growth locally.

Major securities traders in China, such as the Merchants Securities, CITIC Securities, and Fo

under Securities are all optimistic about China’s stocks market this year, according to a report from finance.sina.com.

www.youhuileyuan.cn


i said preventing and defusing financial risks, especially

  systemic financial risks, are the fundamental tasks of financial work, calling for accelerated construction of the fina

ncial market infrastructure and advanced efforts to nationalize key information infrastructure in the sector.

  He also urged solid statistics in the financial sector and improvement in the warning system and rules on information disclosure and management.

  Education and supervision of senior officials of financial institutions and regulators sh

ould be enhanced, and more should be done to fight corruption in the financial sector, Xi said.

  He called for dynamic supervision of domestic and cross-border capital flow to enable financial watchdogs to fully monitor all flows.

  Xi said tasks for the reform and opening-up of the financial sector should be well implem

ented, calling for the preparation and the rolling-out of new reform and opening-up measures based on

the latest development of global economy and finance as well as the strategic needs of China.

  Reforms including revamps on market access system and trading regulations should be deepened, and regulators should take a two-pronged appr

oach of enforcing both macro-prudential management and micromanagement of behaviors, he said.

  He said those causing major financial risks due to their breaches such as lax regula

tion, cover-ups or decision-making failures must be held accountable and face serious punishment.

  Efforts should be made to address the current situation where the costs of legal and

regulatory breaches in the financial sector, especially capital markets, are too low, Xi said.

  Xi urged enhancing the global competitiveness of China’s financial sector, elevating the two-way opening-up to a highe

r level and beefing up capabilities of financial management and risk prevention and control amid greater opening-up.

www.qiancengdian.cn


So the fact that the to-and-fro is still in progress this far

down the line highlight that there is a shared desire to secure an accord that delivers on the rapport that has been established — also perhaps beyond both side’s expectations.

But it would be getting ahead of the situation to consider the final push tow

ard a consensus on principled, mutually beneficial cooperation all done and

dusted. That consensus, which President Xi identified as the objectiv

e of the talks when he met with the US negotiators after the previous round of neg

otiations in Beijing, has still not been completed, and probably will not be until the two leaders meet to agree on the final det

ails. But there is no doubt that both sides are aware of how momentous such a consensus would be, beyond the tangible rewards it would offer both cou

ntries. For if the two sides can iron out their core differences by abiding by the principles of mutual respect and m

utual benefit, it would reset their relationship in a way that would bode well for the future.

History in the past four decades shows that the two countries benefit in an all-around wa

y from harmonious trade and economic relations, as they provide the ballast for their relationship.

There is obviously still more work to be done. However, if neither side puts a foot wrong, a deal will finally be signed sooner or later.

aaart.org.cn


In their article, the Conservative ministers warned that econom

  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.

www.shlf15.com


However, a one-hour extension is less time than many

  voters have spent in line to cast their ballots in the crucial election.

  The incumbent, Muhammadu Buhari, 76, is running against 71 other ca

ndidates, but his main challenger is Atiku Abubakar, a 72-year-old business tycoo

n and former vice president. They are both Muslim candidates from the north of the country.

  When Buhari, a former military ruler, was elected in 2015, it wa

s the first peaceful transition of power in Nigeria. He promised to offer a clean sweep of the old

routine, but many have been left disillusioned and angry at the rising levels of inequality and extreme poverty.

  More than 84 million people registered for the vote in Africa’s largest economic p

ower, according to data from the Independent National Electoral Commission.

  Videos have surfaced on social media reportedly showing the burni

ng of ballot papers and disruption of the electoral process in various parts of the country.

www.shlfec.com


Who does she think these mespeople that are sages come from?

  ”The people that are making those threats, I’m guessing, are the ones that killed my son. They may feel like we’re talking about this too much,” says Pricil.

  Her two other sons, Sins Dmitri and Jovency agree.

  ”But we’ll never give up,” says Dmitri.

  An earthquake in 2010 and successive hurricanes have destroyed much of Haiti’s infrastructure that hadn’t already collapsed under corruption and government mismanagement.

  Haiti protesters take the day to gather food and water as they prepare for more possible conflict

  Haiti protesters take the day to gather food and water as they prepare for more possible conflict

  Rage at life stripped of any apparent hope that things will get better is a clear motivation for the riots that gripped the country that began two days before Roberto was killed on February 9.

  Promises from the Prime Minister might serve to dilute some of that immediate anger. But the country is teetering on the brink of more chaos, with further protests being threatened by opposition leaders.

  But the rule of law in the form of government has already largely slipped away in the slums, which have become no-go areas for police.

  Roberto’s death has reinforced a widespread view among the poor that the state is their enemy.

  A sad irony — given that his ambition had always been to be a policeman.

aishedesaf.com


The Modi administration has undertaken significant steps

India’s tax system, upgrade its bankruptcy laws and relax restrictions on foreign investment. The country witnessed a 23-place jump to a record 77th p

osition in the World Bank’s latest report on the ease of doing business, which covered 190 countries and regions. Fa

cts have proved that India’s economic reforms are conducive to improving the business climate for foreign investment.

Modi has launched a range of reform initiatives, and now the Modi administration must t

ell local authorities to fully implement these policies to ensure that the country’s economic re

form will go forward ahead of the general election. Effective implementation of current policies is mo

re important than launching new initiatives, and this effort will lay the groundwork for a better business climate.

India’s labor cost advantage has led some Chinese manufacturers to look closely at setting up assembly lines

in the country. Achieving a better understanding of India’s changing business climate will he

lp achieve win-win results and joint development of the two emerging economies.

China and India must enhance strategic communication and mutual trust to move their ec

onomic ties forward. Currently, the most urgent task is to prevent the suic

ide attack in the Pulwama district from affecting economic relations and India’s inbound investment.

www.sh419jj.com


Sci-fi blockbuster showcases Chinese vision of cooperation

China’s sci-fi blockbuster The Wandering Earth broke Chinese film’s five-year box office record on th

e North American market. Based on the novel by Liu Cixin, the movie is said to usher in China’s sci-fi blockbuster era.

Does this film resonate simply because it is a good sci-fi film made by Chinese? Of course not. It is mainly because the story reflects the co

mmon concern of people of different color, belief and nationality in the world. That is: the fate of the Earth. We

share a common destiny because we are living in the same global village. The movie has struck a responsive chord in the hearts of its audiences.

American sci-fi filmmakers have a prolonged enthusiasm about the fate of the Earth from the early stage to recent years.

From The Day of the Earth Stood Still in the 1950s to Armageddon (1998) and MegaFault (2009), a long list can be m

ade. Of course, the heroes who saved the planet were all Americans without exception. But this time it is Chinese.

The Wandering Earth shows that Chinese people are sentimentally attached to their mother pl

anet and foreigners feel the same. Indeed, Chinese people offered their own solution in the film. But in fact, the

success of The Wandering Earth is not who saved the planet, but people resolving a severe problem faced by mankind.

shlfapp.com


wasting US’ wealth. In the near future, Washington may no

 assistance to the World Bank and quit the organization. The World Bank is a multilateral institution which was establ

ished under US leadership, and guided by the US Treasury Department. Its heads have traditionally been

appointed by the US government. The World Bank reflected US global strength and was a key instrument for

Washington’s global governance, and increasing its influence as a soft power. However, currently Washington seems to de

molish the structure it built itself by exiting international organizations that signal globalism.

Based on the experiences of the late 20th century, there are several drawbacks of globalism and globalization.

First, globalization enables strong nations to consolidate their d

ominance and lead the international order. It is an instrument that induces weaker states to ob

ey the will of the stronger ones. Globalism is keen on promoting universal values, taking the moral high gr

ound, blaming countries whose actions do not accord with universal values and even intervening militarily in some natio

ns. What does international intervention bring to global politics? It can be explained by hot button issues in Eurasia.

ashtt.com


Let’s reap potential of China-Myanmar cooperation

Since Myanmar embarked on its political transition, political elites in the country have championed that peace is the premise for economic and social developme

nt. In the first two years of the government led by National League for Democracy (NLD), Nay Pyi Taw devoted a lot of efforts to promoting national recon

ciliation with the hope of making a major breakthrough and consolidating public support. Regrettably, results are no

t satisfactory. The NLD government is currently locked in a stalemate over national reconciliation.

It has also performed poorly in boosting the economy and improving people’s lives. Main economic indicators suggest that since the N

LD government assumed power, Living standards haven’t substantially improved, and more economic problems have surfaced to plague the c

ountry. One of the main reasons why the NLD lost seats in the 2018 elections is the government’s lackluster economic performance. If the e

conomy doesn’t improve, it will inevitably affect the NLD’s potential for victory in the 2020 election.

Therefore, the NLD government is now attaching increasing importance to economic and live

lihood issues. It has issued a string of policies to attract foreign investment. Take the new Myanmar

Companies Act. Under the law, foreigners are permitted to take up to a 35 percent stake in local companies and bus

inesses with foreign stakes of more than 35 percent will be classified as a foreign company, which facilitates co

operation between foreign investors and local businessmen and will help attract more foreign investment.

chinaherb.cc