ery likely so. Only things may not go the way Wash

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ery likely so. Only things may not go the way Wash

If they wanted a replay of what happened to ZTE, a Chinese company which relies heavily on outsider

technologies, they may never see it. Because Huawei is a dramatically different kind of business.

The Plan B Huawei has just revealed — a series of self-developed chips — is only part of what makes it an enterprise of strategic insight, and hence resilience. Over

time, that insight has rewarded it with a viable biosphere that its founder Ren Zhengfei believes will enable it to weat

her the storm. “Our growth may drop a bit in the wake of US restrictions, but negative growth is impossible,” said a confident Ren during a Tuesday inter

view with Chinese media, adding that Huawei has cultivated longstanding trust with industry partners.

That may be why, even after Google barred Huawei from some Android featur

es, Ren spoke highly of the Silicon Valley giant, praising it as a “good company”. That may

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Data from the US Census Bureau showed that bilater

eral merchandise trade between the two

countries has declined by more

than 15 percent since September 2018, when the second round of tariffs went into effect.

“This has also impacted global value

chains in East Asia and other trading partners,” the report said.

“We’ve seen the trade tariffs that have

been introduced on both sides have already been damaging trade,” said Dawn Holl

and, chief of the Global Economic

Monitoring Branch in the UN Department of Economic and Social Affairs.

Holland said the adverse effects of trade tensions on economic growth in China “has been partly offset by some stimulus measures”.

According to the report, growth in China is projected to moderate gradually from 6.6 percent in 2018 to 6.3 percent in 2019, and 6.2 percent in 2020.

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More comprehensive and well-targeted policy respon

ses are needed to tackle the current growth slowdown,” Elliot Harris, UN chief economist and assi

stant secretary-general for economic development, said Tuesday at a news conference. “It is increasingly clear that policies to pro

mote sustainable development will need to look beyond GDP growth and identify new and more robust measures of

economic performance that appropriately reflect the costs of inequality, insecurity and climate change.”

In response to slowing growth and subdued inflation, major central banks have eased their monetary policy stances. The recent mo

netary policy shifts have helped to stabilize global financial markets and capital flows to emerging economies.

However, the report cautions that a more protracted period of monetary accommodation could exacerbate fina

ncial imbalances, including further fueling debt accumulation and raising medium-term risks to financial stability.

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iled to get tickets, the system will also return their money.

The operator will timely inform people as to whether they have successfully bought tickets through short mes

sages, WeChat or mobile app information. The function will end the service at 7 pm at least one day before the train’s departure date.

A severe drought is baking parts of China, with southwestern Yunnan province an

d northeastern Jilin province getting the worst of it, according to the Beijing-based National Climate Center.

Crops have been damaged by the drought, including rice and wheat in southern areas and corn in the northeast.

According to the Yunnan government, the drought has made it diffic

ult for about 309,000 people to get drinking water. About 141,000 hectares of crops h

ave been affected, with more than 29,000 hectares experiencing serious damage.

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Ren said the current difficulties can spur China to devel

lop the electronics industry in a down-to-earth manner. Pouring in money is not enough to develop the s

emiconductor industry. Instead, talent, including mathematicians and physicists, is needed to grow the chip sector.

“Global talent is also needed. It is very difficult to rely solely on China’s independ

ent innovation to succeed. Why can’t we embrace the world and rely on global innovation?” Ren added.

Don’t fan nationalist sentiment,” Ren also warned. Currently, the attitudes toward Hua

wei are divided into two groups. One represents the genuine patriots who support Huawei, while the o

ther believes that Huawei has kidnapped the patriotic feelings of the entire society.

“We should stop others from shouting empty slogans and inciting nationalist sentiment,” Ren said.

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website of the Footwear Distributors and Retailers r to an

Different from the first several batches of tariffs that focused more on industrial and agricultural products, the most rece

nt 25 percent tariffs on Chinese imports target mostly consumer products, including sneakers, clothing and furniture.

Trump has, on his Twitter account, asserted that “there is no reason for the U.S. Consumer to pay the Tariffs”.

The open letter, however, said “there should be no misunderstanding” that US consumers pay for tariffs on products that are imported.

“As an industry that faces a $3 billion duty bill every year, we can assure you that any incr

ease in the cost of importing shoes has a direct impact on the American footwear consumer,” it said.

It is an “unavoidable” fact that as prices go up at the border due to transportation costs, labor r

ate increases or additional duties, the consumer pays more for the product, the footwear trade and business association said.

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It was in the European Parliament elections five years

ago that small numbers of nationalists and far-right politicians won seats, signaling the challenges since faced by ruling parties acr

oss the EU, said Cui Hongjian, director of the department for European studies at the China Institute of International Studies.

Mainstream European political groups have tried hard to curb their

rise and haven’t coped well with problems raised by the populist and far-right parties, Cui said.

Clemens von Goetze, Germany’s ambassador to China, said at a news conference

in Beijing on Saturday that he hopes mainstream political groups that support the integration of EU will win the elections.

He said, mainstream groups in Germany are working hard to tell voters the importance of the EU and encouraging those realize the value of EU integration to

cast their ballots this week. The turnout of voters was quite low in the 2014 European Parliament elections.

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Huawei earlier said it had been preparing a contingency

ncy plan for such a block to Android by developing its own technology, of

which some is already being used in products sold in China, said the Reuters report.

The impact is limited in the Chinese market, as most of Go

ogle’s services have alternatives offered by domestic competitors like Tencent and Baidu.

However, Huawei’s European market could be affected as Huawei licenses these serv

ices from Google in Europe.A radio telescope in Shanghai that has made significant contributions to ast

ronomy for nearly a decade and participated in long-term observations used to confirm data in the first image of a b

ack hole in deep space, won the top prize on Wednesday at the 2018 Shanghai Science and Technology Awards.

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ent capturing the signals that were eventually translated int

ed into the image detected wavelengths of 1.3 millimeters, and there was no corresponding equipment in China.

But Tianma, part of EAVN, together with telescopes in the Republic of Korea and Japan, h

ad been making observations at wavelengths of 7 and 13 millimeters for a long time, Shen said.

“EHT could capture the image without assistance of the network but the supporting observations provided supplement

al information and showed consistency with the EHT observations to better verify their accuracy,” Shen said.

“The job of the network was included in one of the six papers about the res

earch published by The Astrophysical Journal Letters in the United States,” he added.

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n the case before Mehta, Trump and his business orga

anization sued to block the subpoena issued in April to Mazars USA, an accountant for the president and Trump Orga

nization. Trump’s lawyers accused Democrats of harassing Trump and said the subpoena “has no legitimate legislative purpose.”

Trump’s lawyers, in suing in both Washington and New York in attempt to beat back congressiona

l subpoenas, said congressional investigations are legitimate only if there is legislation that might result from them.

In the New York case, Trump, his business and family have sued Deutsche Bank and Capital One to prevent the fi

nancial companies from complying with subpoenas from the House Financial Services Committee and the House I

ntelligence Committee for banking and financial records. A Wednesday hearing is planned in that case.

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