Regulator warns four cities to keep property pricescheck

hina’s housing r上海龙凤1314品茶微信egulator has warned four Chine

se cities over price rises in the past three months, the Economic Observer reported.

Local governments of Foshan, Suzhou, Dalian and Nanning were urged by the Ministry of Housing and Urban-Rural Dev

elopment to stabilize land and housing prices as well as market expectations.

This came a month after six other cities were also warned over similar reasons on April 19.

Zhang Dawei, chief analyst with Centaline Property, said the main reason behind this is the real estate market in some

cities is at risk of going out of control, and the land market shows signs of overheating.

China’s house prices continued to stabilize despite slight increases

in April, according to the National Bureau of Statistics. Sixty-seven out of the 70 major Chine

se cities saw an increase in the number of newly built homes that were sold in April.

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The colors of the renovated rooms were chosen to repres

sent the works they host: green, inspired by the drapery and wall hangings seen in numerous Venetian R

enaissance paintings, and dark grey for the Florence school, echoing the stones used to build the famed gallery itself.

Federico Barocci’s huge Virgin of the People (also known as Ma

donna del Popolo) has been placed in the Hall of Pillar, whose light-painted walls recall the

atmosphere of a church. The room hosts a collection of altar pieces of the counter-reformation period.

The total cost of the renovation was around 700,000 euros ($780,000). The amount includes $100

,000 for the Venus of Urbino room donated by the nonprofit association Friends of the Uffizi Galleries.

An individual member of the association, named Trish Savi

des, contributed $15,000 to the renovation of Lorenzo Lotto’s Holy Family.

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Chen said the US is “disrupting the world order, weaken

Stephen Roach, a faculty member at Yale University and former chairman of Morgan

Stanley Asia, said the US government “blamed others for economic problems that are very much of its own making”.

There are plenty of realistic options for resolution between the two co

untries, Roach said in a recent article contributed to Beijing-based think tank China Watch. For

instance, he suggested, the US and China should take the lead in forging a global cyber accord.

“While additional tariffs from both US and China

will weigh on China’s growth outlook, we expect policy measures to offset so

me of the negative impacts,” said Tommy Wu, a senior economist at Oxford Economics, a British think tank.

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urged to avoid more damage to China tiesonly

Beijing urged Washington on Saturday “not to go too far” in harming China’s interest

s, and called for it to change course to avoid further damaging bilateral ties.

China firmly opposes the United States’ recent remarks and actions that harmed China’s interests, in

cluding its resorting to political means to suppress normal operations of Chinese companies, State Coun

cilor and Foreign Minister Wang Yi said in a phone call with US Secretary of State Mike Pompeo.

History and reality show that China and the US both benefit f

rom cooperating with each other, while both suffer from bilate

ral conflicts, and cooperation is the only proper choice for the two major countries, Wang said.

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by US-China trade worries. Moreover, smaller rival Lyft Inc’s s

hares plunged this week after its first earnings as a public company.

Uber was the biggest of a group of Silicon Valley startups that have spent ye

ars raising money in private rounds at record prices. Many of these companies 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, but on

ce you get to the public markets you have to show profitability or a path to it,” said Jordan Stuart, a por

tfolio manager at Federated Kaufmann who often purchases companies’ shares during an IPO.

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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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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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In a large-scale randomized clinical study over a period

 of eight years, Ma found Chinese patients with advanced nasopharyngeal cancer suffered more side

effects than benefits from the additional chemotherapy, which cost about 13,400 yuan ($2,000) per patient.

The findings, published in the journal Lancet Oncology in 2012, drew the attention of

Western experts, and the United States and Europe revised their treatment guidelines.

More recently, Ma added a new drug to the original dual drug ch

emotherapy regimen, and moved post-radiotherapy chemotherapy to pre-radiotherapy.

In another clinical study of 480 cases, Ma and his team found th

at this regimen increased the five-year survival rate of patients by 8 percent.

The nasopharynx is in the upper part of the pharynx behind the nose, connecting the nostr

ils and throat. The location makes it hard for doctors to operate, so radiotherapy is the first choice

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