Monthly Archive April 2019

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fornia synagogue shooting suspect identified as

 The suspect of Saturday’s synagogue shooting in San Diego, C

alifornia, has been identified as 19-year-old John Earnest, authorities said.

The suspect has no prior contact with law enforcement, said San Diego Sheriff Bill Gore.

Authorities are aware of an online manifesto that Earnest wrote, and are looking

into digital evidence and checking the authenticity of the document, according to Gore.

“We are serving search warrants for the suspect’s home, car and the Ch

abad of Poway,” he said, adding that officials are checking Earnest’s possible involvement in the

arson and vandalism of mosque in Escondido, a city northeast of downtown San Diego.

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China is trying to address the concerns that have

been raised since the last Belt and Road Foru

two years ago. One of these concerns is the need for infrastructure proje

cts to be more responsive to the local circumstances of BRI member countries.”

Duncan Freeman, a research fellow at the EU-China Research Centre at the College of Euro

pe in Bruges, Belgium, said infrastructure is important for economic growth, so buildi

ng infrastructure and building connectivity and efficient infrastructure are important.

Jon Taylor, a professor of political science at the University of St. Tho

mas in Houston, Texas, in the United States, said Xi wants to convey a specific message: that C

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This quarter’s data show that China is avoiding this

The consumer inflation rate was 1.8 percent year-on-year and produce

r prices went up only 0.2 percent. A standard rule of thumb used by central bankers wor

ldwide is that the inflation rate should be targeted at about 2 percent per year

. This rule is actually built in to the mandate of the European Central Bank. So, the stable monetary policy of the Peop

le’s Bank of China, the nation’s central bank, is working.

The March unemployment rate in urban areas was 5.

2 percent, slightly below the level last year. Most economists define “full employ

ment” as anything below 6 percent, so we are not seeing significant pro

blematic unemployment even during a period of major economic transformation.

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I think the Belt and Road Initiative is very good . Five

pillars of the initiative are important. The most and best (part) of it, I think, is connectiv

ity and inter-culture exchange, sustainable development agenda, and knowledge transfer.

China is the biggest market in the world. We have enough resources in our country. We want our p

roduct get access to the market and we also want to live in good infrastructure, such as roads, railw

ays, schools, hospitals. I also hope knowledge of China come to our country. We have sea access, and good infra

structure can help our country and neighboring countries get access to the Maritime Silk Road.

China has become the second-largest investor of our count

ry in the past 10 years. It’s investing infrastructure, mining

and agriculture. We have Confucius Institute, facilitate Chinese and Portuguese learning. The Belt and Road

Initiative helps Mozambique boost its industrialization, technology and finance.

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President Xi’s speech was an assurance to Africa an

 the rest of the world that the Belt and Road Initiative is a helping hand try to help Africa get out of the problems of poor infras

tructure. For me, I think it is very important. And African countries should clap hands for this assistance.

Improving the infrastructure, which is very key in reducing the cost of doing business

in Africa and at the same time creating job opportunities, will help Africa in a few years.

What really interests me is that President Xi talks about the fact that the

initiative boosts the developments of countries along the Belt and Road Initiative.

He talks about the fact that different railways have been built. Some other pipeli

nes have been also constructed. The Belt and Road Initiative has connected many different areas which are very importa

nt. We really need this kind of interconnection. So now countries will become closer due to the Belt and Road Initiative.

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It’s Xinzhu’s first overseas production base, marking

 the first step of its overseas development.Du Xiaofeng, vice-president of the company, said it aims to serve members of the Commonweal

th of Independent States, the Eurasian Economic Union, and other Middle East and European marke

ts. He said the company will adopt localized management and hire a large number of Belarusian employees.

The company also introduced the core technology for medium- and low-speed maglev traffic system f

rom German company Max Bogl Group and put it into local production. Its production line is expected to be completed in June.

“Our overseas outreach has gradually transformed from technological and academic com

munications to capacity cooperation,” said Hu Jishi, senior counselor and technical director of the company.

More BRI-related countries and companies have found

business potential in Chengdu. The Sino-German small and medium-sized enter

prises cooperative park, Sino-French ecological park, Sino-Italian cultural innovation park, Sino-South Korean innovation and

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The Belt and Road Initiative aims to build the Silk R

oad Economic Belt and the 21st Century Maritime Silk Road and deliver policies, infrastructu

re, trade, financial and people-to-people connectivity via a new platform for a brighter future.

Tesla Inc lost $700 million in the first quarter but predicted it wou

ld return to profit in the third quarter as it cuts costs an

d improves delivery after facing issues ramping up shipments outside the United States.

Shares of Tesla were about flat after the results, which came more than an hour afte

r they were expected and after a sales contraction in the quarter raised investor concerns.

The company, which many analysts predict will need to raise

funds for its expansion, said it ended its first quarter wi

th $2.2 billion in cash after paying off a $920 million convertible bond obligation in March.

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There is some merit to raising capital,” said Chief Exec

cutive Elon Musk on a call discussing the results. “It’s probably about the right time.”

He also said he would prefer Tesla to be private but “that ship has sailed.”

The company which is ramping up production of its Model 3 electric sedan, the vehicle Tesla sees as the key to future succ

ess, stood by its 2019 delivery forecast of 360,000 to 400,000 vehicles and said it may produce as many as 50

0,000 vehicles if its factory in Shanghai reaches volume production in the fourth quarter.

Tesla said it would make a loss in its second quarter but predicted a return to profit in the third.

Musk said that global deliveries were “the most difficult logistics problem” he had ever seen.

Haris Anwar, senior analyst a financial markets platform Investing.com, called guida

nce for the second quarter “bleak”. “I continue to see a very volatile 2019 for Tesla and its shares,” Anwar said.

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The 1980s classic The Bund produced by TVB, a sto

 set in Shanghai in the 1930s starring Chow Yunfat, has so far been the most time-consuming restoration work, but Jiang says it’s worth it.

“George Lucas spent many years restoring old Star Wars films he made himself,” Jiang says

. “It’s almost like a remake. We’re also looking to create a classic Chinese production, which needs just as much of our energy.”

Speaking of the future, Pei says there is no end to their work. “People get u

sed to watching TV productions shot in 4K resolution today. However, once 8K be

comes common, viewers might consider 4K shows ‘unwatchable’ again. Today’s work will still need restoration one day.”

lobal creator community giant WeWork officially launched its startup services platform, WeWork Lab

s, in China on April 11 in its bid to expand its presence in the burgeoning innovation and entrepreneurship market.

A pilot of the program was launched in Shanghai in 2018, with three locations serving 46 members.

It involves Tsinghua University, Peking University and Aliyun, where there will be exchange programs, through which busine

ss professionals will be trained and Chinese firms will be helped to expand at home and overseas.

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China’s innovation and entrepreneurship activities ha

s have accelerated since 2015 as the government sees them as drivers for the economy’s transition.

As a result, a number of supportive policies have been issue

d to support maker spaces, incubators and companies to speed up innovation.

Roee says that the Chinese innovation and entrepreneurship market has “mind-blowing speed and scale”, which, despite short-

term fluctuations, has a growth trajectory from a long-term perspective and might grow more than tenfold in the next decade.

“Chinese enterprises have advanced consumer-oriented thinking and strong manuf

acturing capabilities, and China’s speed of getting from an idea to a product is unparalleled,” he says.

Dylan Huang, who oversees WeWork Labs’ Greater China operations, says the demand a

mong Chinese startups for all-round support is strong, and the platform will leverage its global re

ources to facilitate exchanges between Chinese partners and their overseas counterparts.

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