Sandrine

Footwear makers: cut and run from tariffsrtment at the

US sneaker giant Nike and fancy shoemaker Allen Edmonds have joined the chorus of busines

s groups calling for the White House to hit the brakes on its move to raise duties on Chinese shoes an

d other products, further challenging President Donald Trump’s claim that China is paying for the tariffs.

A week after Trump threatened to impose tariffs on the remaining $300 billion of goods imported from Chi

na, more than 100 American shoe and sneaker companies, brands and retailers signed an open letter to the president saying the p

olicy “would be catastrophic” for consumers, businesses and the US economy.

“Your proposal to add tariffs on all imports from China is ask

ing the American consumer to foot the bill,” said the letter, dated on Monday and signed by

the companies. It was posted on the website of the Footwear Distributors and Retailers of America (FDRA).

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In the Antarctic, there are no artificial facilities to pre

event wild animals from being touched by tourists. In such conditions, education on wildlife protection before the tour will be needed,” he said.

“Also, we can further explain contributions travelers can make through a

nimal-friendly tourism during the trip, which will make the tour much more meaningful and unforgettable.”

Apart from travel agencies, online tourism information platforms are also contributing efforts to promote wildlife-frien

dly tours. Qyer.com-a Chinese website that enables travel enthusiasts to write notes and exchange experiences, has

recently added a new item of “not chasing tigers in the national parks” into their travel guidebook for India.

“Wildlife protection needs efforts from each one of us and we will keep updating such informa

tion, encouraging more travelers to join our efforts,” said Lin Yi, manager of Qyer’s offline business department.

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The image, which showed a ringlike structure with a da

ark central region-the black hole’s shadow-depicted the black hole at the heart of Messier 87, a massive, distant gala

xy in the nearby Virgo galaxy cluster. It is 55 million light-years from Earth and has a mass 6.5 billion times that of the sun.

It was one example of the role that Tianma has played in international coordinated

observations. Its super sensitivity has made its observations useful as a reference by which other parti

cipants in the network can adjust their data, according to the Shanghai Astronomical Observatory.

“Tianma elevated the image quality of the EAVN, by about 50 percent, making a great co

ntribution to the research on extreme objects in the universe, such as black holes,” Shen said.

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Moreover, Washington has forbidden US companie

 to sell chips to ZTE, a Chinese multinational telecommunications equipment and

systems company, even after imposing huge fines on the company. By so doing, the US has act

ually encouraged China to increase investment in its high-tech sector. So, even if China and the US were to strike a de

al, China would be prompted to import lower volumes of energy and agricultural products from the US.

In macroeconomic terms, the China-US trade dispute has added h

uge uncertainties to the US economy and raised the likelihood of recession. Which cou

ld thwart the US president’s chances of being re-elected in 2020. And the trade dispute c

ould prevent the US from taking the measures it intends to in order to consolidate its national power.

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The latest figures from the National Cultural Heritage Administ

stration show China had 5,354 museums by the end of 2018, and museums across the country held some 2

6,000 exhibitions in 2018 and received 1.126 billion people, an increase of 30 percent and 16 percent, respectively.

The International Council of Museums organized the annual I

nternational Museum Day in 1977 to address the changing roles of museums.

Museums across the world are reinventing their roles to become more interacti

ve, audience focused and active in delivering creativity and knowledge to their communities.School students and adult

visitors learn about making prints and carving stamp seals and learn about the appreciation of and technological me

thods being used in the conservation of the age-old buildings at the Palace Museum, May 1

xujiaqing.net.cn

Washington foolish to defy economics law and turns in the

The root cause for the repeated twists and turns in the China-US trade talks lies, to a grea

t extent, in the United States’ serious deviation from, and disdain for, the objective laws of econ

omics. The fact that China will never accept its unreasonable demands further complicates the matters for the US.

The US administration’s often competing and clashing objectives-though m

any of them are understandable-cannot be realized simultaneously. For instance, the U

S hopes to revive its industries and boost its real economy while maintaining the huge bubble in its financial market.

A dream called sustainable reindustrialization

Yet the US expends huge amounts of its resources just to maintain its mo

netary hegemony and thus ensure its financial sector offers higher pay and return on inv

estment compared with the real economy sectors, which helps it to maintain its advantage in

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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

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Intensified law enforcement also benefits overseas ent

erprises in China. Last year, intellectual property authorities punished violators in more

than 6,000 cases of infringing on rights of trademark registrants from overseas, with a t

otal value of 151 million yuan ($22 million), an increase of 50.1 percent over the previous year, the report said.

An agreement to support young scholars’ research into the Silk Road was signed between China and UNESCO during a ses

sion of the Conference on Dialogue of Asian Civilizations in Beijing on Wednesday.

Under the agreement, an international academic program will be launched with funding of $1 mill

ion from the Chinese government to scholars under 35 years of age from around the world.

Hosted by the Ministry of Education and UNESCO, the session – entitled “Safeguardin

g the Diversity of Asian Civilizations” – focused on cultural interactions among Asian people and disc

ussed challenges in terms of revitalizing the multiple cultures of Asian countries and regions.

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then to 0.20, together with the inclusion of Mid Cap China

 A shares, in the final step as part of the November 2019 Semi-Annual Index Review, according to the report.

About 109 companies will be added and three removed from the MSCI China A Onshore Index, whic

h will take place as of the close of May 28, and the three largest additions to this index would be the

Wens Foodstuff Group A, Contemporary A and Shenzhen Mindray A, the MSCI said.

In addition, the MSCI China A Onshore Small Cap Index will see 503 stocks added and 49 cut, with most of the new addi

tions coming from newly eligible ChiNext stocks, according to an official statement of MSCI.

MSCI also updated the list of China A Mid Cap securities that may potentially be adde

d to the MSCI China and the MSCI Emerging Markets Indexes as part of the third step of th

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the UN Office for Disaster Risk Reduction and the Alliance of

ernational Science Organizations, a group created to connect the scientific communities of BRI participants.

Bai Chunli, president of the academy, said in the conference’s opening ceremony on Saturday that areas along the Silk Road are

prone to various natural disasters that have resulted in massive loss of life and economic damage.

“As a result, it is paramount to use new technologies and international cooperation to jointly tackle these nat

ural disaster risks, protect ecological security and achieve sustainable development,” Bai said.

The academy will continue to collaborate with foreign partners to create new platfor

ms and mechanisms to improve disaster management and ecological protection, he added.

Mami Mizutori, head of the UN Office for Disaste

r Risk Reduction, said in a video speech that the scale and reach of the world’s largest infrastructure initiative will impact billi

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