Will the maximum pr上海千花网ed on China take effec

Using maximum pressure to achieve its goals is a trick frequently used by some in the United States for international negotiations cal

上海千花网led “the art of trading”. Its main feature is using the means of multifaceted attacks and unlimited requirements while at the same time gaming against its opponent in m

ultiple issues that cross different fields, and then resorting to selected compromising moves to achieve the goals of core interests, to maintain hegemony through power, and to defeat the opponent t上海千花网

hrough bullying and deception. Some people in the US think that “maximum pressure” is extremely powerful, and decidedly useful when dealing with China.上海千花网

Is the “maximum pressure” measure really effective? In dealing with some small and weak countries, the US government has arbitrarily waved the big stick of sanctions and relied on its power and maximum pressure to impose its own interests. Some countries, shadowed by the powerful economic and political pressur上海千花网

e from the US, either because of a lack of overall strength or because of long-term dependence on the US, have been forced by the US to make compromises in accordance with the require

上海千花网ments of the US in negotiations, and they have to quiet down and let the US get what it wants. This is a situation that happens often and inevitably leads some people in the US to form the opi

nion that all countries, including China, will be afraid of the maximum pressure strategy and will certainly yield and surrender under their powerful pressure.

• Can trade protection make the “return of the manufacturing industry” to the US possible?

上海千花网女神会所Since the Trump administration came to power, it has put forward the proposal of “buying US goods and hiring US workers”, emphasizing the “return of the manufacturing industry”. Some people in the US

offered preferential policies to enterprises that came back to the US to set up factories. For those enterprises that moved their factories abroad, they were threatened with tariffs, forcing ente

rprises to return to the US for production. Can these trade protectionist practices really enable the US to achieve a return of the manufacturing industry?上海千花网女神会所

Whether the return of the manufacturing industry can be achieved depends first on the reasons behind the outflow of manufacturing from the US.

From the perspective of the US domestic economy, its manufacturing outflow is determined by how the local economy works.上海千花网女神会所

In the process of economic globalization, US multinational companies have transferred more and more industries to developing countries to a

chieve maximum profitability. Through industrial transfer, they reduce costs, expand markets, divert pollution, and i

ncrease the profitability of capital. At the same time, more and more capital has left the real economic sector with lo

wer profit margins, and turned to the financial sector to engage in financial speculation, leading to the hollowing out and virtualization of the US economy.

• Can economic and trade friction promote US economic prosperity?

Since 2019, the employment rate and the market value of the US stock market have remained high. In the first quarter, the actual GDP annualized quarter-on-quarter

preliminary value was 3.2 percent. Since the introduction of economic and trade friction by the US against China, the US economy seems to be

doing well. This has made some people in the US confident about constantly escalating trade friction with China. But to o

bjectively evaluate the so-called prosperity of the US economy requires a comprehensive and rational analysis.

Based on some indicators, the US economy is prospering. However, whether it will continue to prosper depends on the

state of capital accumulation. In the first quarter of 2019, the seasonally adjusted fixed-capita

l investment growth rate of the US private sector was only 1 percent, significantly lower than growth rates in 20

17 and 2018. According to US official data, US durable goods orders fell 2.1 percent from the previous month in April 2019, surp

assing the expected 2 percent decline. Shipments of core capital goods – a leading indicator of economic expansion – fell by 0.9 percent in April. Fr

om the perspective of development trends, economists are unsure about the prospects of the US economy. According to a recent survey released by the Na

tional Association for Business Economics, many economists predicted that the possibility of a recession in the US ec

onomy by the end of 2020 will almost double, mainly due to the US government’s trade protectionist policies.

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One aim of the literature festival is to improve the cul

ltural appeal of the countryside so as to attract people back, Jia says. The organizers are als

o working to promote communication between the authors and the villagers, and encourage more reading activities.

Rural resident Ren Chunhua, 63, who now works as a narrator at a local history gallery, was list

ening to Ge Fei’s lecture in her gallery neighboring the festival venue and wanted to buy his work and got the write

r’s signature. She thought Ma’s work inspired by village life in the 1950s was well-written and accurately reflected the reality there.

Literature aficionado Cao Liang drove for two hours from Taigu county to attend the lectures. Having coll

ected all of Su’s books and being familiar with many of the guest authors’ works, he is currently writing his own novel.

Villagers took turns to attend the festival, a move which Ren believes will in

vigorate the local cultural environment and raise Jiajiazhuang’s profile.

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Candidates urged to stand aside in crowded UK leadersh

Candidates bidding to replace Theresa May as Britain’s prime minister

and the leader of its ruling Conservative Party are vying to separate themselves from the pack

in a crowded leadership race that had, as of Monday, attracted 13 competitors and much criticism.

Leadership battles typically attract a handful of hopefuls but this is the largest in Conservative Party history.

The BBC said on Monday the overcrowded race had led so

me senior members of the Conservative Party, including Housing Minister James Bro

kenshire, to urge fringe candidates to pull out in order to save time and leave the waters less muddied.

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Development of huge shale oil field goes full steam

This year, PetroChina’s Xinjiang Oilfield Company has been fully develop

ing the Jimsar shale oil field, which boasts 1 billion tons of shale oil reserves, Xinhua reported.

The company has mobilized 36 drilling rigs, started drilling on 47 wells and completed eight wells till now. The daily drille

d footage surpassed 2,000 meters and the total drilled footage reached 160,000 meters.

PetroChina has ramped up exploration efforts on Bohai Bay Basin, Songliao Basin, Ordo

s Basin and Junggar Basin in recent years and shale oil was listed as one of the four exploration goals. Dagang Oilfi

eld, Xinjiang Oilfield, Tuha Oilfield and Changqing Oilfield have been set as important demonstration zones.

Xinjiang Oilfield Company said it planned to mobilize 45 drilling rigs this year to finish drilling nearly 100 wells.

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Lu’s comment followed US Treasury Secretary Steven Mn

nuchin’s comments on Wednesday that he is hopeful that both countries can “go back to the table”.

Lu told a Foreign Ministry news briefing that China has reiterated that it

s door is always open, but negotiations must be meaningful and conducted with sincerity.

“A mutually beneficial deal must be based on mutual respect, equality and win-win outcomes,” he said.

The US, out of political purposes, has used its state power to groundlessly suppress Chinese te

ch firms, which has severely affected the global development and cooperation in science and technology, he said.

It has also damaged the interests of businesses of relevant countri

es and will not win the approval and support of the international society, he added.

“Apparently it will not help create a good atmosphere for the negotiations,” he said.

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Panda researchers hope algorithms and AI technology wil

The app and database will help us gather more precise and well-rounded data on the population, distribution,

ages, gender ratio, birth and deaths of wild pandas, who live in deep mountains and are hard to track,” said Chen Peng, a researcher with

the base who co-authored a paper on “Giant Panda Face Recognition Using Small Database.”

“It will definitely help us improve efficiency and

effectiveness in conservation and management of the animals,” Chen said.

China has carried out four scientific field research project of giant pandas in the wild.

The giant panda was scientifically discovered 150 years ago and na

med in the city of Ya’an, Sichuan. It remains one of the world’s most endangered species.

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The idea of setting up such a museum came to Kang wh

en he visited a museum of broken relationships in Chengdu, capita

l of Southwest China’s Sichuan province, with two friends in January. They tho

ught it would be a good thing for Taiyuan to have a place for people to bury souvenirs from a failed relationship.

They acted fast and opened the museum after three months’ preparation.

The world’s first museum of broken relationships was founded in Croatia in 2006 by two artists, who

ended their four-year relationship and got the idea of setting up a museum to house their leftover personal items.

China has several museums of broken relationships now, in Nanjing, Chen

gdu, Xi’an, Wuhan, Beijing, Chongqing, Jinan, Harbin, Changsha, Guangzhou and Changchun.

ezgpui191.cn

Most Chinese State-owned enterprises are not relevant to tra

ade negotiations. Many are in non-tradable sectors such as property develop

ment, infrastructure, or concrete. Others are basically public utilities in telecoms or power.

Some Chinese car companies are State-owned, usually by provincial govern

ments, but the car business in China is very highly competitive and foreign brands are very successful.

In any case, the continuing growth of an already large private sector should alleviate foreign concerns

about competing with State-owned companies.

During the George W. Bush administration, the US imposed tarif

fs on Chinese steel, arguing that State-owned companies had an unfair advantage. But, US ste

el companies also face higher costs because of increased environmental protection. China’s current emphasis on bu

ilding an “ecological civilization” means that that kind of polluting heavy industry will be less viable.

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China’s consumer inflation quickens tosumer price ind

China’s consumer price index (CPI), the main gauge of inflation, gr

ew 2.5 percent year-on-year in April, the National Bureau of Statistics (NBS) said Thursday.

The reading, in line with market expectations, accelerated from the 2.3 percent gain in March and 1.5 percent in Febru

ary. On a monthly basis, consumer prices edged up 0.1 percent, compared with the 0.4 percent drop seen a month earlier.

NBS official Dong Yaxiu attributed the rise to higher prices of vegetables, pork and fruit, which ros

e 17.4 percent, 14.4 percent and 11.9 percent, respectively, from the same period last year due to tighter supplies.

Food prices, which account for nearly one-third of weighting in China’s CPI, went up 6.1 percent year-on-year.

Meanwhile, China’s producer price index (PPI), which measures inflation at the factory gates, rose

0.9 percent year-on-year last month, up from the 0.4 percent gain in March that showed improving market demand.

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True, the first quarter of 2019 yielded better-than-expe

ted results. But the higher rate of FAI growth was to a large extent driven by a strong increase in investment in real estate, which is l

ikely to weaken sooner or later owing to the government’s commitment to cooling China’s “real-esta

te fever”. And, given the trade frictions with the US, China’s export performance for the rest of 2019 is highly uncertain.

To compensate for declining investment in real estate and weakening exports, China must maintain reasonable growth in inf

rastructure investment. To that end, the government should pursue higher spending (taking advantage of a strong fis

cal position), supported by accommodative monetary policy (amid very low inflation).

Fiscal and monetary expansion may be out of fashion among China’s mainstream economists, who insist that struct

ural adjustment must be the priority. But it could go a long way toward bolstering China’s economic per

formance in 2019, without impeding structural reform. The challenge is to strike the right balance.

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