The US must handle Taiw上海乌托邦sues correctly and

 not repeat its mistakes or even “play with fire” over the is

sues, Wang said, warning it against attempts to create new trouble for Sino-US ties.上海乌托邦品茶微信

Ma Xiaoguang, spokesman for the State Council Taiwan Affairs Office, sa

上海乌托邦id the transit is an attempt by Tsai and the Democratic Progressive Party to use fore

ign forces to challenge the one-China principle and disrupt cross-Straits peace and stability for political purposes.上海乌托邦品茶微信

No forces should underestimate China’s determination and ability to s

afeguard its national sovereignty and territorial integrity, Ma said in a news release.

上海乌托邦The Democratic Progressive Party has ignored the safety and wellbeing of

the people of Taiwan and has misjudged the situation by courting foreign support and s

erving as a pawn for foreign intervention in China’s domestic affairs, Ma said.上海乌托邦

China has sufficient policy tools and new measures to further optimize its fo

上海乌托邦品茶微信reign trade structure and deepen ties with new markets, especially those involved in the Be

lt and Road Initiative, in the second half of the year, a senior customs official said on Friday.

“We face a series of challenges in achieving stable foreign trade growth,” said Li K上海乌托邦

uiwen, spokesman for the General Administration of Customs, at a news briefing.

He made the comment after customs released the country’s trade dat上海乌托邦

a for the first half of the year. Foreign trade increased by 3.9 percent year-on-year, tot

上海乌托邦品茶微信aling 14.67 trillion yuan ($2.16 trillion), with exports growing by 6.1 percent year-on-year. Imports rose 1.4 pe

rcent, and the country’s trade surplus widened by 41.6 percent year-on-year to hit 1.23 trillion yuan during the same period.

Last year, foreign trade in the first half grew by 7.9 percent year-on-year, with exports rising 4.9 percent and imports up 11.5 percent.上海乌托邦

“The sector remains quite resilient” against the headwinds of Sino-US trade disputes and slowing global economic growth, he said.

Li also said that Sino-US trade frictions have had some impact on t上海乌托邦

品茶微信

he country’s foreign trade, but the impact is “largely controllable”. “Our foreign trade as a who

le continued to expand as the world remains optimistic about the potential of the Chinese market,” he said.

www.shuyin-edu.cn

Expectation of Fed ra上海乌托邦s an over-reaction

Herd instinct is the human nature to follow the crowd and act collectively – and market expectation always does not change smoothly but t

上海乌托邦ends to over-react to new information. The current market expectation of the US Federal Reserve’s rate cuts is a case in point.

On June 20, the latest meeting of the Fed’s policy-setting Federal Open Market Committee shrugged off the market’s high expectation of rate cuts and gave no clear policy signal confirming a cut.

We believe the market had overreacted in forming its expectation of rate cuts after the Fed swiftly adopted a dovish tone from the end of last上海乌托邦

year. Specifically, we believe market expectation – it has formed since May – of a change in policy stance, as well as the timing and degree of rate cuts, may not fully materialize.

We will elaborate on this now. It should be noted the misconceived expectation of Fed rate cuts could ind上海乌托邦

uce a drastic reversal in investor sentiment and asset price fluctuations, if the Fed’s moves miss expectation.

Firstly, the market may have overestimated the degree of the Fed’s policy stance change. A clear rate cut signal may not emerge until the end of this month.上海乌托邦

According to Bloomberg, the Fed funds futures market has recently priced in a 98.5-percent chance that the Fed will lower rates at least once this year.

上海乌托邦品茶微信However, the Fed’s earlier forward guidance only indicated the end of monetary policy n

ormalization, which does not necessarily point to the beginning of a rate cut cycle. Also, the Fed h

as removed the word “patient” from the latest FOMC meeting statement but did not confirm a rate-cut stance.

We believe that because of the following two reasons, the Fed is still on cautious lookout, and t

here will not be any clear rate cut signal or plan until the next FOMC meeting at the end of this month.上海乌托邦品茶微信

Externally, the Fed is expected to stand pat until trade dispute uncertainties ease, to give itself an advantage in its game with the US Administration.

The Fed would put itself in an unfavorable position if it initiated a rate cut before majo上海乌托邦品茶微信

r uncertainties over the China-US trade dispute are removed, because the pre-emptive move may enc

ourage the US Administration to escalate the trade dispute, which will in turn pose a dilemma to the Fed.

That’s because any escalation in trade tensions will, on the one hand, d

ssipate and even offset the easing boost from rate cuts and force the Fed to accelerate the上海乌托邦品茶微信

rate cut pace. On the other hand, the escalation could further fuel imported inflation, which will significantly reduce the

Fed’s room for rate cuts. The Fed will then face a policy-making dilemma of whether to further cut rates.

www.shejio.org

tional Museum of 上海乌托邦女神会所all-encompassing expe

For example, wh上海乌托邦女神会所en the show was staged in the Basilica of San Giovanni Maggiore in

Naples, Italy, in 2017, Iacampo’s team used 3D scanning and mapping techniques to match their desig

ns to the interior of the historic structure, replicating their column designs with the real ones in the church.

Also on show at the exhibition at the National Museum of China is a re-creation of the su

bject of Van Gogh’s noted painting, Room at Arles. The painting depicts his bedroom, one of sev

eral rooms he rented in the building known as the Yellow House in Arles, southern France.

The painting is striking because of the contrast between its bright colors and sharp angles. The roo

m is also a testimony to a meaningful period in Van Gogh’s career: Not only did he aspire to m

ore freedom to his painting in Arles, but also, he invited his painter friend Paul Gauguin to stay and work with him. The

relationship between them gradually became tense and ended in tragedy when Van Gogh cut off his left ear lobe.

www.zaddw.cn

i said he wants to use t上海乌托邦女神会所 along with K

Kim and other com上海乌托邦女神会所rades from the DPRK to map out plans for bilateral coope

ration, writing a new chapter in the traditional friendship between the two countries.

Xi added that he and Kim are confident about and capable of bringing bil

ateral ties to a stage of new development in the new era to deliver more benefits to the peo

ple from both countries and promote peace, stability and prosperity in the region and the world.

Editor’s Note: President Xi Jinping will pay a two-day visit to the De

mocratic People’s Republic of Korea from Thursday. How should we evaluate the sign

ificance of the visit? Two experts share their views with China Daily’s Pan Yixuan. Excerpts follow:

DPRK not bargaining chip in talks with US

Some argue that China wants to play the “DPRK card” at President Xi’s e

xpected meeting with US President Donald Trump on the sidelines of the G20 su

mmit scheduled for June 28-29 in Japan. Their argument could not be more wrong.

www.lgcrm.cn

ork has been se上海乌托邦品茶微信as a wave of strikes

ance’s rail netw上海乌托邦品茶微信ork has been severely disrupted, as a wave of strikes against President Emmanuel Macron’s labour reforms gets under way.

The start of the strike has been dubbed “Black Tuesday”, but the action will spread over three months, affecting two days in every five.

Staff at state railway SNCF are leading the strike, but the energy and waste collection sectors are also affected.

The unrest presents Mr Macron’s biggest challenge since his election last May.

How is the strike taking hold?
With the four main rail unions observing the strike, servic

es have been severely curtailed. Some 77% of SNCF drivers are on strike, and 48% of all staff.

Only one in eight high-speed TGVs are scheduled and only one in five regional trains.

Commuter lines into Paris have also been slashed and bus services have been hugely ove

rcrowded. Some stations were crammed for the few trains available, others were deserted.

The website that measures car traffic around the capital recorded about 420km (260 miles) of jams at rush hour.

www.sh419ae.com

On a month-on-month basis, new home prices in Dalia

 and Nanning 上海乌托邦女神会所rose 0.7 percent and 0.9 percent, respectively. On a year-on-

year basis, new house prices in these cities grew 13.2 percent and 11.5 percent, respectively.

Although excluded from the 70 major Chinese cities surveyed by the

National Bureau of Statistics, Foshan and Suzhou also saw a surge in home prices in April.

There are signs that the central government will not change its resolution to control house p

rices, Zhang said, adding that in the future the real estate market will continue to crack down on speculation.

On May 11, Suzhou tightened housing policies further, China Daily earlier reported. The dow

n payment ratio for a family’s first home purchase has been raised from 20 percent to 30 percent.

Newly built property in certain parts of the city cannot be traded for a three

-year period after purchase, and for five years in the case of pre-owned property.

qiancengdian.cn

emier Li Keqiang presides over a State Council meeting

上海乌托邦女神会所 Premier Li Keqiang called for greater strides in reform and opening-up to stimulate market v

itality and to transform and upgrade economic structure in revitalizing the rust belt in Northeast China.

Li’s remarks came as he presided over a State Council meeting on Thursday on revitalizing the country’s traditional industrial bases.

He underscored the importance of transforming government functions

and bettering the business environment, and urged government departments to offer

more support to provinces in the Northeast in streamlining administration.

The tax cuts and fee reduction policies must be implemented in full, an

d the country will make the region a priority in special transfer payments to localities, he said.

The reform of State-owned enterprises must be moved forw

ard, and more work must be done to expand the private sector, he said.

www.changjiangjiaoxiang.cn

So by holding lectures, conducting dialogues and screen

ning movies related to the countryside and contributed by guest authors, the region’s local literary legacy can both be re-examined and extended.

Many modern and contemporary works of Chinese literature touch on common rural issues – childhood upbringing, family inheritance and people’s exp

erience of being stuck on the bottom rung of society – that have been rooted in Chinese farming culture for thousands of years.

China’s urbanization has been rapidly progressing to the extent that rural life has become

something unfamiliar to the majority of the population, which is very different from what it was like just three de

cades ago, according to Ge Fei, author and a Chinese literature professor at Tsinghua University in Beijing.

He was rst day of the festival, interpreting what it means to us when rural societies fade away.

qianpadae.com

When the desired train tickets are not available at the tick

et booking site and the app of the China Railway Corporation, a person can use the “waiting” function, and the system will add the wanted ticket information to a list.

One person could make an order for three tickets in the waiting list, and the function will be

free and much more efficient than other third-party software to grab tickets, according to the operator.

When ticket buyers cancel or change their tickets, the system will allocate the returned tickets to waiting buyers on the list.

To use this function, people have to pass a verification process on their status through facial recognition.

They will have to prepay the maximum price for each ticket, and once the

y have obtained the tickets, the difference from the actual fare will be refunded. If they f

funhorsy.com

A man giving his name as Million Zhao, who has nearly

 followers on Sina Weibo and works as a part-time commercial photogra

pher, said that virtually all his female clients ask him to alter their pictures digitally to mak

e them appear skinnier before they are posted online-even those who are already super-thin.

The 30-year-old also engages in “fat talk” with his fri

ends, and sometimes jokes about his rotund belly to his followers on Sina Weibo.

He said, “Different from women, guys my age or younger engage more in ‘mus

cle talk’ because they want to be bigger and stronger”, while many middle-aged men who h

ave gained weight get caught up in “fat talk”, as they “want to lose weight and be heathier rather than prettier.”

Denise Martz, a professor of psychology at Appalachian State University in

North Carolina, US, said, “Social media is giving women a false sense of how they usually look.

www.ever-spring.org