Sandrine

China has to walk a fine balance between local govern

nment debt management and stable economic growth, especially at a time when trade te

nsions with the United States have imposed more downward pressure, said economists.

More financial resources and investors will be involved in the debt resolution process, said Qiao Baoyun, head of the Acad

emy of Public Finance and Public Policy at the Central University of Finance and Economics.

The last round of local government debt swaps started in 2015 and ended in August 2018, w

hich saw 14.34 trillion yuan ($2.08 trillion) of local government debt being swapped into bonds.

Local governments are set to face more debt burden in the next three ye

ars, as many of the previously issued bonds are set to expire, income from land sales has

7893391.cn

what their children are really good at-and when

To ease the anxiety of parents, especially moms, kids should be taught how to

be a good person, rather than just be good at cracking exams and earning good scores.

Parents should be happy if their children excel in their own chosen

fields, and teach them the importance of honesty, kindness and shared responsibilities.

These good traits will help the kids a lot in their future development.

Over-anxious parents, on the other hand, could prevent kids from excelling in even their own chosen fields.

Liu Xiuying, director of home education institute at China Youth and Children Research Center

The China Earthquake Administration pledged to enhance its earthquake detect

ion capability as it rolls out an experimental project in the country’s tremor-plagued southwestern region.

www.xxxcj.cn

population, including psychological needs, so the servi

services will aim precisely at those most in need,” she said.Shan Jixiang, former director and curator of the Palace Muse

um, has been hired as Palace Museum Research Institute chief, one month after his retirement.

Wang Xudong, current director of the Palace Museum, on Wednesday handed the offer letter, dated May 6, to Shan.

Xi Huan, vice-president of Beijing Hospital, said major medical institutions need to mak

e more efforts to improve services for the elderly, including the promotion of disease prevention educ

ation and increased follow-up visits for elderly patients who have been discharged from the hospital.

“Big hospitals should provide more help for elderly patients, and more follow-up nursing services after they leave the ho

spital, so they can get timely help if problems occur at home or at community health centers,” he said.

lunran.cn

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.

weishow.com.cn

No quick fix for decades-old Israeli-Palestinian enmity

Concern over the recent escalation of tensions between Palestinians and Israelis have been temporarily relieved after Palestin

ian leaders in Gaza agreed a cease-fire with Israel early on Monday. Right now, nothing is more important than u

pholding the cease-fire as the atmosphere between the two rivals has not been so combustible since 2014.

Since Friday, militant groups in Gaza have fired more than 600 rockets a

nd other projectiles at southern Israeli cities and villages, killing four Israeli civilians, wit

h Israel retaliating with air and artillery strikes, killing 27 people, including 14 civilians, in Gaza.

The latest border clashes, the most deadly since 2014, have occurred against the backdrop of the changing Middle East po

licy of the United States, which has seen the US drop any pretense of impartiality and make clear its support of Israel.

cdyyfq.cn

Specifically, the draft likely will and should feature key

 reforms to foster an investor-friendly legal system, represented by strengthened information disclosure, prot

ection of investors’ rights and interests, and crackdown on legal breaches, Liu said.

China must promote the healthy development of the capital m

arket through key institutional innovations, the Political Bureau of the Communist Part

y of China Central Committee, the Party’s core leadership, said a statement released after a meeting on Friday.

Dong said the revised law is likely to be adopted by the end of the first half of the ye

ar, adding it is imperative and possible to expedite rolling out the revised version.

“Previously, controversies over the registration-based IPO system reform ha

ve prolonged the revision process, but now this factor has been largely lifted,” he said.

“As foreign investors are set to play a bigger role in China’s capital

market development, the revised law should also consider clarifying the rights and oblig

ations of overseas investors, to help them form a stable policy expectation,” said Xue Yi, an associate p

jsLongsun.com

While this takes place, I would like to pay tribute to the

officers involved this morning who responded swiftly to this incident and put thems

elves in harm’s way, as they do every day, to keep the people of London safe,” Walker said.

The police said the incident was not related with terrorism.

According to media Sky News, police opened fire on a vehicle outside the Ukrainian emb

assy after the driver deliberately rammed into the official car of the country’s ambassador to Britain.

“The ambassador, Natalia Galibarenko, was not at the embassy at the time and no other staff were injured,” said the report of Sky News.

The 16th Chinese Bridge, an annual Chinese proficiency contest for school kids, college

students and adult learners of Chinese, was held at the University of Latvia Friday and Saturday.

This year’s competition, themed One World, One Family, gathered 64 contestants

in total in Latvia, including 14 in the adult group, 24 in the high school group and 24 in the primary school group.

The contestants were required to demonstrate their Chinese language skills by introducing themselves and m

aking speeches on various topics in Chinese, participate in a quiz on Chinese culture and perform in a talent show.

Each division, namely college students, high school students and

primary school students, has three groups of senior, intermediate and junior.

www.lunran.cn

Gathering various resources, the city clusters will bene

efit from economies of scale and agglomeration, and the coordinated development of those city clusters will help sha

re and build the basic urban foundation, bring stronger competitiveness and improve pe

ople’s lives,” said Chen Yuyu, an economics professor at Peking University’s Guanghua School of Management.

Nine Occupy activists, including three chief organizers, were found guilty for their involve

ment in the 2014 illegal Occupy protests, a Hong Kong court ruled on Tuesday.

University of Hong Kong law professor Benny Tai Yiu-ting and sociologist Chan Kin-man, two of th

e three chief organizers, were convicted of conspiracy to commit public nuisance and inci

tement to commit public nuisance, according to the West Kowloon Magistrates’ Courts.

The other chief organizer, pastor Reverend Chu Yiu-ming, was convicted of conspiracy to commit public nuisance.

Five other defendants, namely legislator from the Civic Party Tanya Chan Suk-chong, legislator and social worker Shiu Ka-C

hun, social activist Raphael Wong Ho-ming, and former student leaders Tommy Cheung Sau-yin and Eason Chu

ng Yiu-wa, were found guilty for incitement to commit public nuisance and incitement to commit public nuisance.

www.youhuileyuan.cn

Yorobe said on-site studies have shown that the vari

ieties introduced to the Philippines through the Green Super Rice project are capable of thriving in harsh environments and maintaining steady yields.

“After Typhoon Haiyan swept through Leyte Island in the central Phi

lippines in November 2013, we found that the Green Super Rice variety was one of the few that w

as still growing when submerged in saline water,” he said. “Local farmers were elated and regained hope.”

In West Africa, six Green Super Rice varieties with high-yield potential and strong tolerance to drought, salinity and iron to

xicity have been developed, and about 14.5 metric tons of such seeds were distributed to local rice breeders, ac

cording to Baboucarr Manneh, a researcher with the African Rice Center in Cote d’Ivoire.

“Moreover, about 500 scientists, technicians and farmers hav

e been trained in fields such as breeding, seed production and crop management th

rough the project. The training helps increase their capability and achieve sustainable growth in the future,” he said.

ypfna.cn

EU ready to grant Brexit delay if UK parliament backs dealpe

LONDON – The European Union could grant Britain’s request for a short Brexit delay if parliament vote

s next week in favour of a stalled departure deal, European Council President Donald Tusk said on Wednesday.

Prime Minister Theresa May asked the European Union to allow Britain to delay its de

parture date by three months to June 30, and EU leaders are expected to discuss the matter at a summit on Thursday.

Tusk said it would be possible to grant Britain a short postponement if parlia

ment next week backs May’s divorce agreement, which it has already voted down twice.

Should that happen, Tusk said no extraordinary EU leaders’ summit would be need

ed next week before the current Brexit date of March 29. Otherwise, he might call another summit.

“I believe that a short extension will be possible, but it will be conditional on a positive v

ote on the Withdrawal Agreement in the House of Commons,” Tusk told journalists.

www.ashtt.com