We simply do not have the luxury of weeks of navel

We simply do not have the luxury of weeks of navel

l gazing or days and days of whittling candidates down to the fi

nal two,” Brokenshire said in a speech at the Policy Exchange, a center-right think tank.

Elder statesman and former chancellor of the exchequer Ken Clarke said on BBC Radio 4’s Today program that the contest ha

d become a “shambles”and was “in danger of becoming a rather tragic farce, unless some order is brought into it”.

Hopefuls have been seeking high-profile endorsements and unveiling policy proposals ahead of May’s resignation on Friday.

Former foreign secretary Boris Johnson, who is seen by many as a fron

trunner, got a thumbs-up from United States President Donald Trump on the weekend an

d was further boosted by Liz Truss, chief secretary to the Treasury, and Kwasi Kwarteng, the Brexit min

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Keeping with their “Wuhan spirit” and their June 2017″A

Keeping with their “Wuhan spirit” and their June 2017″A

Astana consensus” on “not allowing differences to become disputes”, their “strategic guidanc

e” to their armed forces have ensured peace on their borders. This has prompted bilateral tra

de to finally cross its decade-long volume of $70-75 billion. For this year, China-India trade is set to cross $100 billion.

Likewise, China’s investments in India have witnessed a sharp upsur

ge from $688 million in 2016 to $5.6 billion last year. The United States’ decision to raise tariffs

on Chinese, as well as Indian, products is expected n Sino-Indian trade and invest

ment partnership. Critics may describe this as China’s tactical move triggered by its intensifying trade dispute w

ith the US. Yet there is no denying that the past two years have seen a marked shift in China-India relations.

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Wu Hongwei, a researcher of China-Russia relation

Wu Hongwei, a researcher of China-Russia relation

s at the Chinese Academy of Social Sciences, said bilateral cooperation plays a prominent role

in guaranteeing world peace and security at a time when the global situation is clouded by tensions and turmoil.

The two countries share the same position in promoting a more stable and multipolar world, Wu said, adding that they ha

ve sent such signals through supporting and coordinating with each other on international occasions.

China would rather rely on market-oriented forces to determine the renminbi’s value than defend its currency by di

pping into its $3 trillion foreign exchange reserves amid trade disagreements, analysts said.

The United States Treasury announced on Wednesday that it could not label Chin

a as a “currency manipulator” after Washington monitored the recent performance of the RMB.

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tinue to purchase China-made goods if there are no substitut

tinue to purchase China-made goods if there are no substitut

Research released by the International Monetary Fund on Friday showed that some of these tariffs hav

e been passed on to US consumers, while others have been absorbed by importers leading to lower profit margins.

US restrictions on high-tech exports to China will push up Washington’s trade deficit with China, an

d rising prices could also reverse the low inflation in the US. Meanwhile, any speculative trading on the

Chinese currency amid its depreciation pressure will “inevitably suffer from a huge loss”, Guo said in his speech.

To eliminate bad outcomes from trade tensions, further opening-up in China’s services sec

tor, together with high-tech development supported by artificial intelligence, will help lift Chinese eco

nomic growth from 6.3 percent to around 7 percent by 2035, said Zhu Min, a former deputy managing director at the IMF.

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The IMF report warned that the additional impact of the r

The IMF report warned that the additional impact of the r

 recent and future tariffs will cut about 0.3 percent of global GDP in the short ter

m, with half stemming from negative effects on business and market confidence.

Failure to resolve the trade differences and further escalation in other areas, such as the auto

industry, which would cover several countries, “could further dent business and financial market se

ntiment, negatively impact emerging market bond spreads and currencies, and slow investment and trade“, the research said.

Experts urged the US government to stop its protectionism and proposed options for a resolution between the two countries.

Chen Wenling, chief economist of the China Center for International Economic Exchanges, said the US needs to correct moves that have

already added pressure to global economic prospects. Otherwise, it will “pay the price” for its protectionist behavior, she said.

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To make up for the increasing savings gap, the US need

To make up for the increasing savings gap, the US need

eds to introduce and use more foreign capital, which will further enlarge

the trade deficit. Therefore, the US cannot simultaneously maintain a high growth r

ate, invest massively in infrastructure, reduce the trade deficit and restrict the inflow of foreign capital.

What is really questionable is that, despite its contempt for over-regu

lation of the economy, the US administration has been trying to impose regulations on int

ernational trade, even for its trade partners’ domestic economic management.

Results for US may be unsatisfactory

The US administration’s more often than not conflicting goals have

resulted in the trade conflicts with China and other countries. For instance, China’s exports to t

he US grew 11.3 percent and its trade surplus with the US increased to $323 billion in 2018, up 17.3 percent year-on-year.

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The US’ monetary hegemony is itself a big impedim

The US’ monetary hegemony is itself a big impedim

ment to the reindustrialization process, which could be viewed as a sort of financial Dutch disease-the apparent causal relationsh

ip between the increase in the economic development of a specific sector and a decline in other sectors. The more

heated the US stock market gets, the more serious the Dutch disease will become. And, ironically, the US leader is k

een on strengthening the stock market to showcase his political and economic track record.

Besides, the US administration cannot launch large-scale infrastructure construction projects, significantly red

uce the trade deficit with China and deny Chinese investors access to its market all at the same time.

The US’ trade deficit stems from its extremely low national saving

s rate and has to be compensated by other countries’ national savings, which in turn

adds to the trade deficit. On the other hand, China’s efficiency in the manufacturing industry mak

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The number of its exhibits, ranging from train tickets an

The number of its exhibits, ranging from train tickets an

d an unfinished self-knitted sweater to a wedding dress and a tie with a lipstick mark, has in

creased by threefold to more than 200. All the objects are left behind from breakups and donated by the public.

People seem to find closure for a broken relationship by donating souvenir

s from former lover, Kang Shidong, owner of the museum, told Shanxi’s news portal sxrb

.com. He said a young man brought a bracelet and spent a whole afternoon writing a note, elaborating his love story.

Besides closure, what surprises Kang is that some visitors fell in love after coming across each other at the museum. “As f

ar as I know, some have entered romantic relationships,” said Kang. “I’m happy to see that. The purpose of estab

lishing such a museum is for people to say goodbye to their old relationship and stride into a new one.”

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ime Minister Mahathir Mohamad’s championing of Asian value

ime Minister Mahathir Mohamad’s championing of Asian value

the ideal way to govern their countries.Lee and Mahathir maintained that i

n Asia, social order and strong governance are keys to a stable and wealthy society.

This type of governance succeeded in fostering rapid growth in Singap

ore, Malaysia, South Korea and China. Santarita said strong Asian leaders are effe

ctive because they serve their constituents and value mutual respect and discipline.

Analysts said the Asian emphasis on community and harmony can help resolve some of the world’s most pressing intern

ational issues such as territorial disputes, climate change and sustainable economic development.

Santarita cited the current dispute over the South China Sea which somet

imes strains relations between nations. He said the claimants can opt to work t

ogether to develop and share resources offered by the South China Sea’s blue economy.

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Baidu came under fire in 2016 when Wei Zexi, a 21-year

Baidu came under fire in 2016 when Wei Zexi, a 21-year

old student from Xidian University in Shaanxi province, died from a rare cancer of the soft tissue. Wei was re

searching the disease on Baidu and came across an advertisement for treatments that proved ineffective.

After Wei’s death, Baidu announced a sweeping restructuring and optimization of its medical business, especially regardi

ng its paid listing practices. It also tightened regulations on medical promotion and enforced clear labeling rul

es that differentiate advertisements from credible medical information, according to media reports.

However, medical advertising remains one of the key sources of income for Baidu, and some are still trying to exploit the s

ystem. In April, the police in Shenzhen, Guangdong province, detained a team of medical fraudsters who drove up r

ankings on Baidu’s research results to promote faulty hospitals to patients, local authorities said.

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