Carmen Reinhart, a上海千花网d University economist w

hose focus is international finance, said that “one shock that is concerning me a great deal

at the moment is the turmoil in Hong Kong”, which could affect growth in China and Asia generally.上海千花网

“These are not segmented regional effects, these have really gl

obal consequences,” she said in an interview with Bloomberg Television on Friday, a

上海千花网ding that this “could be a tipping point that could trigger a very significant global slowdown, or even recession”.

Jia Jinjing, assistant dean of the Chongyang Institute for Finan

cial Studies, said the escalated riots in Hong Kong pose an increasing hazard to the city上海千花网女神会所

‘s prosperity and are “dealing irreversible harm to Hong Kong’s ability to build up and shape its credibility”.

Hong Kong’s role as a bridge in channeling foreign dir上海千花网

ect investment to the Chinese mainland is “faced with risks of being diminished”, Jia warned.

Lam, the Hong Kong chief executive, urged people from all walks of life on Tuesday to bring back order and tran

上海千花网女神会所quility, saying the SAR government will continue “zero tolerance” toward all violent behavior.

China took the top spot at the 45th WorldSkills Competition held in Kazan, Russia, on Tuesday.

China finished the competition with 16 gold medals, 14 silver and 5 medals in total, putting China at the top of the m上海千花网

edal rankings, according to the final tally announced at the closing ceremony on Tuesday night.

Launched on Aug 22, the week-long event saw over 1,300 competitors from 63 countries and regions.上海千花网女神会所

China participated in the competition for the fifth time since becoming a member country of WorldSkills International in 2010.

The biennial competition, dubbed as the Olympic Games for skilled workers, will be held next in Shanghai in 2021.

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The Beijing municipal 上海龙凤rnment is offering sub

bsidies of up to 73,800 yuan ($10,416) per vehicle if taxi owners will buy electric ones, according to a document released in July.

At a forum in July, BAIC Group Chairman Xu Heyi said all taxisin Beijing will become electric 上海龙凤女神会所

within three years. BAIC owns Beijing Electric Vehicle Co, which is the largest electric carmaker in the country.

 上海龙凤A representative at BJEV said that as the subsidies are cut, the number

of private owners may fall somewhat but the proportion of electric vehicles used such 上海龙凤女神会所

as taxis and ride-hailing vehicles will rise as they are cheaper to use than gasoline ones.

Carmakers have long stepped up their efforts in new energy vehicl

es. BAIC and Changan said in 2017 that they will phase out conventional fuel-powered cars by 2025. 上海龙凤女神会所

Volkswagen plans to produce around 11 million electric cars in China by 2028. This is more than half of its global target of 22 million.

 上海龙凤China started its new energy vehicles initiative in 2009 and overto

ok the United States in 2015 as the largest market for them in the world.

So far, there are around 3.5 million new energy vehicles on the country’s roads. The figure is expected to reach 5 million by the 上海龙凤女神会所

end of 2020, according to the China Association of Automobile Manufacturers.

Foreign marketing, analytics companies are looking to meet strong data tracking demand as Chinese firms expand overseas

 上海龙凤China is gearing up to be one of the few truly mobile-first economies in the world, which is spur

ring foreign mobile marketing and analytics companies like AppsFlyer to target opportunities in the country.

Oren Kaniel, CEO and co-founder of AppsFlyer, said that in 上海龙凤女神会所

China, the firm’s development is “much faster than they can grow the team”.

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The overall performanc上海夜生活 of the STAR Market saw

the full pricing-in of opinions from bulls and bears, an uptrend wi

h fluctuations, and a return to rationality,” the SSE said in the announcement.上海夜生活

Relaxed price fluctuation limits have enabled the STAR Market stocks to be more timely priced, leading to higher p

ricing efficiency than the main board, according to analysts from Shenwan Hongyuan Securities.

上海夜生活女神会所Securities regulators lifted price fluctuation limits for STAR stocks in their first five trading days, and thereafter a 20 pe

rcent daily price fluctuation limit is effective, versus a 10 percent limit on the main board.

Analysts expect trading on the STAR Market to become more rational in the medium term, with valuation levels to bet上海夜生活

ter reflect company fundamentals. Firms with strong fundamentals may sustain high

valuations, while weaker ones may see a marked divergence in stock price performance.

The market-oriented initial public offering mechanism上海夜生活女神会所

of the STAR Market, or the registration-based IPO system, also showed its effect, with the 28 STAR li

stings’ price-to-earnings ratios of offer price varying from 18 to 269, according to SSE data.上海夜生活

This marked a difference from the main board, where almost all new offerings are p

riced at a maximum of 23 times earnings under the approval-based IPO system.

上海夜生活女神会所The SSE also disclosed that during the first trading month of the STAR Market, it strengthened

supervision on illegal trading and dealt with eight cases of abnormal trading behavior on the new board.

No-go areas for gasoline vehicles to spur new energy sector’s development上海夜生活

China is encouraging local authorities in regions with appropriate conditions

to set up no-go zones for gasoline cars and use more new energy vehicles for public trans

port, which analysts and industry insiders say will help boost the industry’s development.上海夜生活女神会所

“Regions with ripe conditions have our support if they establ

ish trial projects to establish no-go zones for gasoline-powered vehicles

and replace such vehicles with new energy vehicles in the urban public transport system,”

said the Ministry of Industry and Information Technology in a statement on its website on Tuesday.

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Some consumers, h 上海千花坊er, harbor deep doubt

Liang Jiajun, a former pilot in Beijing, cringed at the idea of faux meat.

“The first thought that crossed my mind is that they are filled with additives, coloring and 上海千花坊

flavoring,” she said. “Not even the benefit of reducing cholesterol levels appeals to me.”

Liu Xinyi, 27, said she ordered a veggie burger with a pl 上海千花坊

ant-based pork patty once when traveling in Texas in the United States.

 上海千花坊女神会所”I was drawn to this item on the menu due to its lower calories. It contained about 400 calories, compared with about 900 calori

es for a regular burger.” she said. “But I won’t try it again. I could tell it was fake meat.” 上海千花坊

Even her friends with vegetarian dietary habits rarely buy fake meat products.

“It appears to me that they don’t bother to cheat their palates with thes

e meat alternatives. They just eat a ton of salad to keep up their energy,” Liu said.

Despite doubts and complaints, research efforts into better-tasting 上海千花坊

meat alternatives are intensifying, and the sector has attracted major investments.

 上海千花坊Zhou, the professor, said faux meat is now increasingly consid

ered a significant step toward helping feed a swelling population and curtailing climate change. 上海千花坊女神会所

Vegetable-based meat is more expensive than real meat in some We

stern countries. But it is likely that the price gap will soon be closed, according to an exper 上海千花坊

t in biodiversity protection and green development who declined to be named for this story.

In the Chinese market, fake meat products are expected to first emerge as high-en

 上海千花坊d, healthy and fashionable alternatives to real meat, first targeting more affluent consumers.

“In the future, maybe more attention will be paid

to their positive effects on environment,” the biodiversity expert said. 上海千花坊

Italian President Sergio Mattarella will decide on possible snap elections on Aug 27, after a new round of talks with p

arties aimed at solving the crisis triggered by the collapse of the populist government.

Italian Prime Minister Giuseppe Conte resigned on Aug 20 after blasting Interior Minister Matteo Salvini, accusing him of en 上海千花坊女神会所

ding the 14-month-old coalition government and damaging the economy for pers

onal and political interests. He was asked by Mattarella to remain in office as caretaker of current affairs.

The head of state held a first round of talks with le 上海千花坊

aders of every single party holding seats in parliament, to verify whether there

was the political will to forge an alternative majority and form a new government on Aug 21 and 22.

Italy has suffered from very slow economic grow 上海千花坊女神会所

th rates in the past three decades. The eurozone’s third-largest economy is am

ong the most sluggish performers in the European Union’s 19-nation currency bloc.

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The most shocking 上海会所a of deterioration was th

 starboard side of the officer’s quarters, where the captain’s quarters were,” he said. “The captain’s

bathtub is a favorite image among Titanic enthusiasts, and that’s now gone. That whole deck hole on that上海会所品茶微信

side is collapsing, taking with it the staterooms, and the deterioration is going to continue advancing.”

He said the sloping lounge roof of the bow section would probably be the next part to be

上海会所lost, obscuring views of the ship’s interior. “The Titanic is returning to nature,” he added.

The Titanic, built by Belfast’s Harland and Wolff shipyard, sank after hitting an iceberg on her maide

n voyage from Southampton to New York in 1912, resulting in the deaths of more than 1,500 people.上海会所品茶微信

The team of experts and scientists captured the first ultra-high definition 4K quality images using specially adapted cam

eras, and their research will help assess the wreck’s current condition and project its future, as well as making it pos

sible to visualize the wreck using augmented reality and virtual reality technology.上海会所

Lori Johnson, a scientist on the project, said: “The future of the wreck is going to continue to deteriorate over time, it’s a natural

process. These are natural types of bacteria, so the reason that the deterioration process ends up being quite a bit

上海会所品茶微信faster, is a group of bacteria, a community working symbiotically to eat, if you will the iron and the sulfur.”

Vescovo, a submersible pilot, said: “It’s a big wreck, I wasn’t quite prepared for how large it was. It was extraordinary to see it all, an

d the most amazing moment came when I was going along the side of the Titanic and the bright lights of the submers上海会所

ible reflected off a portal and came right back, it was like the ship was winking at me. It was amazing.”

he Mid-Autumn Festival, an annual celebration of togetherness when the moon is at its fullest, is right around the corner, on

Sept 13, which means shop shelves will soon be teeming with a dazzling array of mooncakes.上海会所品茶微信

This year, a new offering of the traditional pastry

will make its debut and test how Chinese consumers react to the faux meat craze that has overtaken some countries.

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Besides, unlike the tic 上海千花坊ampion and its ru

runner-up, Ne Zha tells a story that is an integral part of traditional

Chinese culture. But instead of simply telling the story once again with modern tec 上海千花坊

hnology, the new film has rewritten the story so it better reflects the values of modern society.

 上海千花坊T女神会所he somewhat violent parts in the old story, as well as the parts that promote personal reven

ge, have been deleted and replaced by scenes that promote sincerity toward each other.

That’s partly why Ne Zha’s daily ticket sales rose day by day in the first fe 上海千花坊

w days. It has appealed to the hearts of the modern audiences with values acceptable to

 上海千花坊them. No wonder they have given it high-approval and are willing to recommend it to others.

In other words, Ne Zha’s success lies, to a large extent, on its ability to make traditio

nal Chinese culture relevant to modern society. Ne Zha has not been screened over 上海千花坊女神会所

seas yet, but there is ample reason to believe the film will be able to move the hearts of overseas audiences, as o

n social media networks there are already comments anticipating its arrival.

There are plenty of stories like that of Ne Zha which can appeal to modern audiences if well told in a modern w 上海千花坊

ay.Business sectors in adjacent Hong Kong say ‘win-win’ pilot zone can sharpen their edge

The vision to transform Shenzhen to become the country’s pilot zo

ne for socialism has been applauded by various business sectors in Hong Kong, as the cit 上海千花坊女神会所

y is poised to reap the benefits by enriching the practice of “one country, two systems.”

The Central Committee of the Communist Party of China and the State Council, China’s Ca

binet, issued the guideline on Sunday to support Shenzhen, adjacent to the Hong Kong Special Administrative Re

gion, in building a demonstration pilot zone for socialism with Chinese characteristics.

Under the guideline, Shenzhen is vying to become a modern, inter

national and innovative city by 2035 through boosting efficient flow

s of personnel, capital, technology and information between Shenzhen, Hong Kong and

Macao, thus helping to better develop the Guangdong-Hong Kong-Macao Greater Bay Area blueprint.

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companies and co上海419论坛will foot the bill fo

r the tariffs imposed on Chinese goods, said Ruan Zongze, executive vice-pres

ident of China Institute of International Studies, a government think tank.上海419论坛品茶微信

Ruan, also speaking at the seminar, said US households are expected to pay up to $1,000 in additional costs annually as the pro

上海419论坛品茶微信posed levies on roughly $300 billion in Chinese imports will mainly target consumer goods.

Gao said negotiating teams from both countries have maintained communication. The two sides agreed dur上海419论坛

ing the latest meeting in Shanghai to meet for the next round of talks in September in the US.

He said the list of “unreliable entities”, a blacklist of foreign parties that harm the legit上海419论坛

imate interests of Chinese companies, is undergoing necessary procedures and will be published shortly.

The list will apply to entities that do not comply with market rules, violate contracts or hinder supplies to Chinese

上海419论坛品茶微信firms for noncommercial reasons.Hong Kong’s educators on Thursday expressed concern

over the secondary school students’ participation in political assemblies, calling it a “worrying sign”.

Hundreds of students, along with some teachers and parents, staged a rally at the Edinburgh Place, a public square in Cen上海419论坛

tral, adjacent to the Victoria Harbour, against the now-shelved extradition bill.

Some students said they would hold strikes every Monday starting Sept 2, the first day of the 2019-20 academic year.上海419论坛品茶微信

Ho Hon-kuen, principal of Elegantia College, a local secondary s

chool, called the assembly a “one-sided event” with no discussion on different views.上海419论坛

One of their demands was the release of all the lawbreakers arrested during prot

ests, which is “very dangerous” and goes against the city’s core value-the rule of law, Ho said.

Ho, who is also the chairman of a leading education group, Education Convergence, s上海419论坛品茶微信aid that members of the secondary ed

ucation system, including students, teachers and schools, should not be pulled into any political disputes.

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They also agreed to 上海419论坛n bilateral ties and activ

vely promote trilateral cooperation, and speed up negotiations on the Regional Comprehens

ive Economic Partnership and the China-Japan-ROK free trade agreement, to jointly safeguard free trade.上海419论坛品茶微信

“China will continue to resolutely promote all-around open

上海419论坛ing-up, … which will absolutely bring new opportunities for the development of the ROK and J

apan as well as providing broad space for trilateral cooperation,” Wang said at a news conference after the meeting.

According to Wang, they also agreed on the necessity of stren

gthening communication and coordination on macroeconomic policy among the three coun上海419论坛

tries and building an open world economy given the downward pressure faced by the global economy.

China, Japan and the ROK are the world’s second-, third- and

上海419论坛品茶微信11th-largest economies, with their total GDP accounting for about 20 percent of global GDP.

“We believe that, as important manufacturing and innovation countries, China, Japan and the ROK should strengt

hen cooperation in such areas as big data, artificial intelligence and 5G,” Wang said, adding that China’s initiative to ma上海419论坛

ke 2020 the China-Japan-ROK innovation cooperation year was positively responded to by the other two sides.

Kang said at the news conference that it is important to explore and expand cooperation to enable the people of the thr

上海419论坛品茶微信ee countries to earnestly feel the benefits brought by trilateral cooperation.

The meeting also approved a concept paper on “Trilateral +X” cooperation, which a

ims to share successful experiences with other countries and promote common development.上海419论坛

This year marks the 20th anniversary of the China-Japan-ROK cooperation mechan

ism. And there was a two-year gap between this year’s meeting and the previous one in 2016.

Zhuang Rui, a professor of Asia-Pacific economics at the University of International Business and Economics in Beiji上海419论坛品茶微信

ng, said the meeting, which came amid tensions in bilateral ties and the trend of anti-globaliz

ation, helped to boost confidence and expectations for regional development and the global economy.

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What’s happening in 上海乌托邦e world next week

Chinese officials and experts have urged politicians in the United States to stop using the situat

ion in Hong Kong as a bargaining chip for negotiations or as leverage for fueling competition with Beijing.上海乌托邦品茶微信

Senior politicians such as US Vice-President Mike Pence and House Speaker Nancy Pel

osi have spoken out on or pushed legislation concerning the recent violent protests in the city.上海乌托邦品茶微信

Pence angered China on Monday by telling the Detroit Economic Club that “for the Un

ited States to make a deal with China”, Beijing needs to “respect the integrity of Hong Kong’s laws”.

上海乌托邦”Our administration will continue to urge Beijing to act in a humanitarian manner,” Pence added.

In response, the Foreign Ministry’s Commissioner’s Office in the Hong Kong Special A

dministrative Region said on Tuesday that China resolutely opposes any country attempting to “take Hong Kong’s s上海乌托邦

tability and prosperity as well as the well-being of more than 7 million Hong Kong residents as a bargaining chip”.

“Do not daydream about China making a deal using its territorial sovereignty and national reunification,” an unnamed spokesperson上海乌托邦品茶微信

said in a statement, calling for a halt to intervention in China’s domestic affairs, including Hong Kong affairs.

On Aug 6, Pelosi said in a written statement that “the extraordinary outpourin

上海乌托邦品茶微信g of courage from the people of Hong Kong stands in stark contrast to a cowardly government”, and she reite

rated her call for suspending “future sales of munitions and crowd control equipment to the Hong Kong police force”.

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The People’s Bank of上海千花坊on Saturday that it wil

ll improve the mechanism of the loan prime rate-the price of loans banks offer to their best clients-and use the mech

anism as the reference rate for business and household loans. The move was broadly seen as China’s effort to give th上海千花坊女神会所

e market a greater say in setting prices and to lower the real interest rate for companies.

上海千花坊”The rate reform will help reduce borrowing cost for companies so that they can expand investment and

production. It will also help improve corporate profitability,” said Yu Ke, an analyst at Guoyuan Securities.

The central authorities’ decision to support the development of Shenzhen also boosted the pric上海千花坊女神会所

es of technology companies on Monday as Shenzhen is the home of many high-tech and innovative firms.

The guideline also said that it will explore the registration-based initial p

上海千花坊ublic offering system on the startup board in Shenzhen and will support the city in car

rying out foreign exchange reform and accelerate the internationalization of the renminbi.

Ma Tao, an analyst at Caitong Securities, said that investment opportunities could emerge from technology sectors includ上海千花坊

ing 5G, artificial intelligence and life science as the guideline from the central authorities will help strengthen Sh

enzhen’s advantage as the leading technological and innovation hub for the country.上海千花坊女神会所

An index that tracks major securities brokerages also soared by 6.9 p

ercent on Monday as investors believed that a market rally will benefit securities firms.

上海千花坊The securities regulator has expanded the number of stocks qualified for the margin

trading and short selling business of the securities brokerage and has relaxed margin financing rules. The deci

sion became effective on Monday, which also helped lift the stock prices of securities firms.上海千花坊女神会所

Many young people in Hong Kong seem to have misunderstandings about the Chinese mainland and the United States.

No matter how noble an individual goal is, the collective outcome could be exactly the opposite of what each individual wa

nted. When I taught social decision theories, my students often could not believe thei上海千花坊女神会所

r eyes that collective decisions are necessarily dictatorial, even under very minimal assumptions. That is an implic

ation of the Arrow’s impossibility theorem developed by Nobel laureate Kenneth Arrow.

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