Monthly ArchiveFebruary 2019

State Councilor Wang Yi said Sino-US trade negotiations

have once again made concrete progress and provided positive pro

spects for bilateral relations and the global economy. Wang, also minister of foreign affa

irs, made the remark at an event on Monday, according to a statement issued by the ministry.

Yao Yang, dean of the National School of Development at Peking University, said, “It is encouraging that both sides have begu

n to work on the text of an agreement, which indicates a speeding up toward sealing a trade deal.”

“The progress also showed that effective economic diplomatic meas

ures can help resolve cumbersome issues and reduce confrontation between two nations,” Yao said.

After tit-for-tat exchanges of hefty import tariffs, President Xi Jinping and hi

s US counterpart, Donald Trump, agreed in December to halt new tariffs for 90 days to a

llow for talks. Since then, negotiations have been conducted on a wide array of topics.

Early Sunday afternoon in Washington, Trump tweeted that he “will be delaying” the incr

ease of tariffs on Chinese imports scheduled for March 1, due to “very productive” trade talks between the two countries.

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ike Lee jumps in the arms of Actor Samuel L. Jackson as

  Marvel’s “Black Panther” looked like a contender by claiming a pair of early awards, and made

history in the process: Ruth E. Carter and Hannah Beachler became the first African-American w

omen to win for costume design and production design, respectively. The film was also honored for its musical score.

  ”Roma” didn’t walk away empty handed, earing best foreig

n-language film. Its director, Alfonso Cuaron, was honored for directing and cin

ematography for the black-and-white period drama, a deeply personal look back at the women who raised him.

  Cuaron’s marks the fifth time a Mexican director has won that

award in the past six years, a stretch that includes his previous win for “Gravity” in 2014.

  Guillermo Del Toro — who presented the statuette to Cuaron — was t

he victor last year for “The Shape of Water.” The third member of the “Three Amigos,” as the

y are affectionately known, is Alejandro G. Iñárritu, a winner for “Birdman” and “The Revenant.”

  Mahershala Ali received his second Oscar in three years for “Green Book,” and the film al

so won for original screenplay, despite separate controversies related to its director and w

riter. With his prior award for “Moonlight,” Ali becomes only the second African-American actor with multiple Os

cars, joining Denzel Washington. A tearful Regina King took the first award of the night, winning supporting actress f

or “If Beale Street Could Talk,” director Barry Jenkins’ adaptation of the James Baldwin novel.

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i said preventing and defusing financial risks, especially

  systemic financial risks, are the fundamental tasks of financial work, calling for accelerated construction of the fina

ncial market infrastructure and advanced efforts to nationalize key information infrastructure in the sector.

  He also urged solid statistics in the financial sector and improvement in the warning system and rules on information disclosure and management.

  Education and supervision of senior officials of financial institutions and regulators sh

ould be enhanced, and more should be done to fight corruption in the financial sector, Xi said.

  He called for dynamic supervision of domestic and cross-border capital flow to enable financial watchdogs to fully monitor all flows.

  Xi said tasks for the reform and opening-up of the financial sector should be well implem

ented, calling for the preparation and the rolling-out of new reform and opening-up measures based on

the latest development of global economy and finance as well as the strategic needs of China.

  Reforms including revamps on market access system and trading regulations should be deepened, and regulators should take a two-pronged appr

oach of enforcing both macro-prudential management and micromanagement of behaviors, he said.

  He said those causing major financial risks due to their breaches such as lax regula

tion, cover-ups or decision-making failures must be held accountable and face serious punishment.

  Efforts should be made to address the current situation where the costs of legal and

regulatory breaches in the financial sector, especially capital markets, are too low, Xi said.

  Xi urged enhancing the global competitiveness of China’s financial sector, elevating the two-way opening-up to a highe

r level and beefing up capabilities of financial management and risk prevention and control amid greater opening-up.

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Boeing 767 cargo jetliner crashes near Houston airport

NEW YORK — A Boeing 767 cargo jetliner with three people on board crashed into a bay near Housto

n’s George Bush International Airport on Saturday, said the US Federal Aviation Administration (FAA).

It is unlikely that anybody could have survived, said Brian Hawthorne, sheriff of the Chambers County of the US state of Texas.

Hawthorne told local newspaper Houston Chronicle that police have found human remains at the si

te of the crash and investigators have recovered parts of the plane, the largest at 50 feet (around 15 meters) long.

The twin-engine plane, operated by Atlas Air, was flying from Miami to Houston wh

en it crashed shortly before 12:45 pm local time (1845 GMT), said the FAA, add

ing that radar and radio contact was lost with the aircraft at around 30 miles (48 km) southeast of the airport.

The US National Transportation Safety Board will be in charge of the investigation, it said.

Meanwhile, Atlas Air said the flight was being operated for Amazon.

“Our main priority at this time is caring for those affected and we will ensure we do all

we can to support them now and in the days and weeks to come,” Atlas Air said in a statement.

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photo shared by MP John Lamont showed a smiling Berger

  snapping a selfie of the group as they took their seats in the House of

Commons. But non

e of the group asked a question of the Prime Minister, as she appeared before MPs for her weekly grill

ing, and the defections were barely addressed. The mood in the House of

Commons seemed more subdued than usual.

  The closest May came to acknowledging the issue was when she attacked Corbyn over anti-Semitism in

his party, cited as a reason for some of the defectors leaving his party.

  May said she never thought she would see the day when “a once proud

Labour party was accused of institutional Semiti

sm by a member of that party,” or,

equally, when Jewish people in the UK “were concerned about their future.”

  Responding to those accusations, Corbyn said that “anti-Semitism ha

s no place whatsoever in any of our political parties, in our lives, in our society,” be

fore laying into the Prime Minister for “pretending to negotiate” a Brexit deal with just 37 days to go.

  May, who will travel to Brussels later in the day, maintained that she was still working on alternative arrangements on the

Irish backstop — an insurance policy designed to avoid a hard border between

Northern Ireland and the Republic of Irel

and. She also reiterated her position that a no-deal exit from the EU could only be taken off the table by agreeing a deal.

  Speaking at a press conference later, Allen, Wollaston and Soubry said the Prim

e Minister had been bullied by hard-line Brexiteers onto the brink of a no-deal Brexit.

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Polls across the country were scheduled to open at 8 a.m

  (2 a.m. ET) and close at 2 p.m. (8 a.m. ET) Saturday, but reports soon emerged of widespread delays.

  In the megacity of Lagos, CNN visited multiple polling stations, all of which opened hours la

ter than planned. Voters said they had lined up for hours before electoral officers arrived with voting materials.

  To cast their ballots Saturday, voters were expected to complete an accreditation process in which officials from Nigeria’s Independent National Elec

toral Commission take their fingerprints and scan their permanent voting cards.

  A nurse told CNN she turned up at a polling station after working a night shift, only to face a long wait.

  ”I am supposed to be resting now, but I came to the polling station (at) 7:30 a.m. thinking they the electoral commissi

on officials) will be here, but it’s two hours now, and they have not come,” Juliet Emoedin said.

  Festus Okoye, a national commissioner for the electoral commission, sa

id stations that opened late would close an hour later, according to the Nigerian Television Authority, the state

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He promised to address allegations of corruption reve

  ealed in a report in January in an effort to draw some of the energy out of the opposition campaign to unseat him and President Jovenel Moise.

  But his mention of Roberto was seen as nothing more than lip service in the Miron slum, where Roberto and his mother s

hared one room. She and her family now believe whoever killed her son may seek them out for revenge if they keep talking.

  ”Ever since his death they’ve been threatening us. They said that if we don’t shut up about this case we will get it, ‘We know where you work’. That’s what they said.”

  ”They’ve been threatening us by phone. They said that, ‘We know you work at the hosp

ital so if you don’t shut up about this case we will find you’. That’s what they said,” Pricil insisted.

  A surviving son, Jovency Journal, 24, showed CNN text messages in Creole.

  ”I see you have been active on the Roberto case. Be careful not to follow him,” said one.

  Another threatened: “We’ll do to you worse than what happened to Roberto – they might not even be able to find your body”.

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If the UK government approves the use of Huawei techn

  ology in 5G networks, close allies might be less inclined to work with it in the future, the RUSI report warned.

  America’s fight with Huawei is messing with the world‘s 5G plans

  Britain is part of the intelligence-sharing group know

n as Five Eyes, which also includes the United States, Australia, Canada and New Zealand.

  ”The maintenance of a ‘Five Eyes standard’ of cyber security in telecommunications is a vital strategic and secur

ity interest, the loss of which would go far beyond a reduction in intelligence reports exchanged and might lea

d to the UK being excluded from work on developing future technologies for intelligence collection,” the report said.

  It also advised devoting more resources to protecting British universities, where technology of interest to Beijing may be under development.

  ”Ultimately, the United Kingdom’s goal must be genuine reciproc

ity and an equal, mature and comprehensive relationship with China,” the report said.

  Jethro Mullen contributed to this report.

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hinese Vice Premier Liu He will visit the US on Thursday and

Friday to continue high-level trade negotiations. His new title as Chinese President Xi Jinpi

ng’s special envoy indicates the importance and authoritativeness of the talks. As pre

paration for the event, consultations at vice-ministerial-level between China and the US were recovered on Tuesday.

The world’s stock markets surged Monday due to the optimistic prospects on the deals that Beijin

g and Washington are expected to make. US President Donald Trump praised “big progress” in the

trade deal on Twitter. His words further stoked the stock markets of the US, which reached the highest in two m

onths and so increased pressure on the Trump administration to close the deal with China.

Analysts believe that if the two countries couldn’t come to an agreement, and as a result the US imposes more tariffs on Chinese prod

ucts while China responds with fiercer countermeasures, it would be a catastrophic strike to global stock markets.

In terms of avoiding such blows, the Trump administration is probably the most pres

sured. Thus in general, by the end of the trade negotiations, China and the US have become more psychologically equal.

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Major European countries have shown a rather complicated

attitude toward Huawei and China. They wish to maintain their relationship with the US, while hesitating to completely exclude Hu

awei equipment. Most European network operators oppose banning Huawei. Hence there remains uncertainty on Huawei issues.

We are at a historic crossroads. One choice is to explain disputes and uncertainties as serious political and secu

rity issues, and push international relations in the direction of confrontation. Another is to handle p

roblems objectively to create a world dominated by cooperation and mutual compromise.

Europe played only a supporting part in the Cold War, but it may have its own leading role and guard its dignity in the era of multi-polar cooperation.

Whether it is possible for Europe to use high-quality and affordable Huawei equipment and b

uild an efficient and cheap 5G network is the touchstone for the continent to defend its independent role.

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