hina to remain steadfast protecting national security

hina welcomes the United States’ willingness to develop a stable mi

litary-to-military relationship, but will remain steadfast in safeguarding national sove

reignty and security, a senior Chinese military official said on Saturday in Singapore.

In a keynote speech at the annual Shangri-La Dialogue on Saturday morning, acting US

Defense Secretary Patrick Shanahan said that China and the US can still have a cooperative rela

tionship. Although competition does exist between the two countries, it does not always mean conflict, he added.

Shanahan also noted some “destabilizing activities” in Asia and emphasized the US’s milit

ary presence and commitment in the region. He called for more communication between the US and Chi

nese militaries to settle their differences and build a constructive relationship

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Data from the US Census Bureau showed that bilater

eral merchandise trade between the two

countries has declined by more

than 15 percent since September 2018, when the second round of tariffs went into effect.

“This has also impacted global value

chains in East Asia and other trading partners,” the report said.

“We’ve seen the trade tariffs that have

been introduced on both sides have already been damaging trade,” said Dawn Holl

and, chief of the Global Economic

Monitoring Branch in the UN Department of Economic and Social Affairs.

Holland said the adverse effects of trade tensions on economic growth in China “has been partly offset by some stimulus measures”.

According to the report, growth in China is projected to moderate gradually from 6.6 percent in 2018 to 6.3 percent in 2019, and 6.2 percent in 2020.

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He said it is key for scientists to communicate with gov

ernment officials to create better planning and new solutions, and more inte

rdisciplinary research into natural disasters and risk management is also helpful.

China is in the midst of implementing a host of reforms, which are focu

sed on opening up its economy to foreign competition and strengthening its private sec

tor. They are needed to upgrade its industries and avoid the dreaded middle-income trap.

Many of these reforms are exactly what the United States is asking for in the trade negotiations, but China

is actually pursuing these reforms primarily to achieve its own long-term internal economic goals.

One standard goal is to create a “level playin

g field” so that foreign companies can compete against domestic companies in each country.

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US soy farmers call for cool-down of trade tensions

US soy farmers have urged Washington to work for a positive solution to the current tarif

f dispute with the world’s top oilseed buyer China, and avoid further escalation of trade tensions.

In a statement released late Tuesday, the American Soybean Association (ASA) described the t

hreat by US President Donald Trump’s administration to increase the tariff rate from 10 percent to 25 p

ercent on $200 billion worth of Chinese goods as the “worst case” for US soybean growers.

“This is a predicament for soy growers,” said Davie Stephens, ASA president and a soybean farmer from Kentucky.

“With depressed (soybean) prices and unsold stocks fo

recast to double before the 2019 harvest begins in September, we nee

d the China market reopened to US soybean exports within weeks, not months or longer,” he added.

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ide on camels on the Tengger Desert in Zhongwei in the Ning

Chinese bookings for domestic and overseas educational tours during the seasonal school vacation are on the rise, Yang Feiyue reports.

With two months to go before the summer vacation, parents have already gone out of their way to plan ahead for their children.

Since April, many have beaten a path to several brick-and-mortar shops in Beijin

g that are owned by the major domestic online travel agency, Ctrip, the company reports.

“The online views of our summer-vacation study tour products have increased by 120 percent in April as comp

ared with the previous month,” says Zhang Jie, general manager of Ctrip’s study-tour operations.

Zhang expects the number of young travelers who take educatio

nal trips to grow by more than 50 percent compared with the same period of last year.

At the moment, the United States, the United Kingdom, Australia, Japan and Canada are am

ong the most popular foreign destinations for those inquiring about study tours, while Beijing, Gansu prov

ince’s Dunhuang, Shanghai, Shaanxi province’s Xi’an and Jiangsu province’s Nanjing topped the domestic-destination list.

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Li Qiang, director of the Shenzhou Institute’s postgradua

raduate department, said China has trained hundreds of foreign space engineers since the mid-1990s.

However, those training sessions were mostly occasional, often accompanied a satellite export deal, and were mainly focu

sed on ground-based control and applications of satellites rather than their design and production, the director said.

“However, in recent years, along with the expansion in our cooperation in the space indu

stry with other countries, many of our foreign partners voiced their hopes that we could hold some sort of syst

ematic training programs to help them create their own spacecraft designers and technicians,” he said.

Therefore, he said, “We decided to open a two-year postgraduate prog

ram and then sent the message to countries having space cooperation with China.”

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Regulators seek source of illegal HPV vaccine

Drug regulators in Hainan province are investigating the suspected sources of HPV 9-valent vaccines that were illegally adm

inistered at Boao Yinfeng Healthcare International Hospital, whose business license was revoked as a result.

If a crime is found to have been committed, the case will be handed to public

security departments, according to a statement jointly issued on Sunday by Hainan’s Health Co

mmission, Market Supervision Administration, Drug Administration and Public Security Department.

It said the four departments will form a working group to supervise the investigations and legal enforcement.

The working group will contact people who received the vaccines at

Yinfeng hospital, listen to their opinions and take action to safeguard their rights.

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Tesla said it planned to deliver 90,000 to 100,000 vehicl

les to customers in the second quarter, where it predicted that an estima

ted loss would be “significantly” less than the $702 million lost in the first quarter.

The company delivered about 63,000 vehicles in the first quarter.

The gross profit margin on the Model 3 – a focus for investors – remained steady at 20 percent.

Tesla also announced it would start offering its own ins

urance product in about a month to better reflect the safety of its vehicles.

Tesla reported net loss attributable to common shareholders of $702.1 million, or $4.10 p

er share, in the first quarter ended March 31, compared with a loss of $709.6 million, or $4.19 per share, a year earlier.

Excluding some items, Tesla lost $1.77 per share, compared with

Wall Street expectations of a loss of 69 cents, according to data from Refinitiv.

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Names of companies taking part in second CIIE released

The first batch of enterprises to participate in the secon

d China International Import Expo, or CIIE, has been published as the 200-day count

down begins, according to China International Import Expo Bureau on Thursday.

The planned Enterprise and Business Exhibition area will be 300,000 square meter

s and divided into five parts — equipment, consumption, healthcare, food, and trade

in service. There will be seven display areas on science-tech life, automobile, equipment, medical eq

uipment and healthcare products, quality life, trade in service and food and agricultural products.

The science-tech life display area will show

case AR and VR, and technologies companies such as Panasonic, Samsung, Qualcom

m, Bosch, 3M, SAP, Delonghi, Infineon, Steinway, Ricoh, SMEG, Schott, and AGC will display their products.

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According to experts, standing only on the right side

of the escalator causes uneven wear on the mechanism because of the u

neven load. Wear and tear on the right side is significantly more than on the left, resulti

ng in a slight tilt of the escalator, which cannot be fixed through regular maintenance.

Experts also warned that walking on escalators in itself is always dangerous.

The height of an escalator step – around 21 centimeters – is highe

r than that of a standard stair, which is around 16 cm. Passengers may miss a step.

Lesley Strawderman, a professor at Mississippi State University, said in an article last m

onth in Quartz, a news organization in the United States, that restricting people to one side of an es

calator limits the amount of space available to commuters and just slows everyone down.

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