he Senate passed the 4.6-billion-US-dollar border fundi

r funding bill on Wednesday, one day after the House of Representatives approved a markedly different version.

上海龙凤1314The Senate’s version includes nearly 3 billion dollars in humanitarian aid and calls for e

armarking 145 million dollars for the Pentagon to aid border control that many liberal Democrats oppose. Democratic lawmaker上海龙凤1314女神会所s

also seek to set up protocols for the care of children, improve stand

ards of care centers and provide translation services, provisions not in the Senate version.

上海龙凤1314Boeing CEO Dennis Muilenburg said on Wednesday that the aircraft manufacturer is hav

ing “ongoing conversations” with airlines about possible reimbursements following the worldwide grounding of 737 MAX jets.上海龙凤1314

The airlines haven’t disclosed how much they are seeking from Boeing, but some analysts peg industrywide losses at about $1 billi

o上海龙凤1314n. In an interview with Axios, Muilenburg didn’t say how Boeing would compensate airlines, but it could be cash, a discount on future orders or additional pilot training and services.

Airlines seeking compensation include Air China, China Eastern Airlines, China Southern Airlines, Norwegian Air, Turkish Air, Ryanair, Flydubai and United Airlines.

“Reimbursement isn’t a technical problem,” John Cochran, president of Eaglemark, an aviation consulting firm and pro

fessor emeritus of Aerospace Engineering上海龙凤1314女神会所at Auburn University, told China Daily USA. “It’s a matter of first impression. Some of what Boeing pro

poses to do may be contractual and it’s certainly sound public relations. Boeing wants to keep its customers happy.”

The 10,000-member pilots union for Southwest Airlines said this month it will ask Boeing

上海龙凤1314女神会所for compensation to cover legal costs and lost income for pilots due to the 737 MAX grounding.

The union hasn’t said how much pilots have lost, but it could be as much as $9 million a month, the Dallas Morning News reported.

Southwest has 34 MAX jets in its fleet. The airline said it plans to resume MAX flight上海龙凤1314女神会所

s on Sept 2, but the union said “there is no accurate estimate of when the MAX will return to service.”

Airlines have used other planes when possible to replace grounded MAX jets, but some flights have been canceled. The ai

rlines apparently seek compensation for lost revenue as well as storage and the cost of preparing the MAX to return to com上海龙凤1314女神会所

mercial service when the US Federal Aviation Administration and other regulators say it’s safe to fly.

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Regulator warns four cities to keep property pricescheck

hina’s housing r上海龙凤1314品茶微信egulator has warned four Chine

se cities over price rises in the past three months, the Economic Observer reported.

Local governments of Foshan, Suzhou, Dalian and Nanning were urged by the Ministry of Housing and Urban-Rural Dev

elopment to stabilize land and housing prices as well as market expectations.

This came a month after six other cities were also warned over similar reasons on April 19.

Zhang Dawei, chief analyst with Centaline Property, said the main reason behind this is the real estate market in some

cities is at risk of going out of control, and the land market shows signs of overheating.

China’s house prices continued to stabilize despite slight increases

in April, according to the National Bureau of Statistics. Sixty-seven out of the 70 major Chine

se cities saw an increase in the number of newly built homes that were sold in April.

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In the meantime, April data showed that six out of 29 cit

cities, includi上海龙凤1314品茶微信ng Kunming, Ningbo, Xiamen and Guiyang, received less than 7,000 visi

ts per kilometer for each day, below the 7,000-visit bottom line required by the National Deve

lopment and Reform Commission, the nation’s top economic planner, as early as 2015.

More global top companies will participate in and expand their exhibition area du

ring the second China International Import Expo, financial news outlet Yicai reported.

The expo, which will be held in Shanghai again this November, will al

so have thousands of companies taking part for the first time, the report said.

“We will expand our display area from 200 square meters to 300 square meters this year, which shows our confidence in the Chi

nese market,” said Eric Rondolat, CEO of Dutch lighting company Signify, formerly known as Philips Lighting.

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There is a need to cultivate and expand the middle

income grou上海龙凤1314品茶微信p, too. By speeding up the industrial structural adjustment, transformin

g the development model, promoting steady economic growth, and increasing social wealt

h to make a big cake, China can pull more people out of poverty, prevent polarization of social wealth and give peo

ple access to equitable choices and public resources, which are conducive to expanding the middle-income group.

As such, the country should vigorously advance new type of urbanization and modern agricultur

e, make greater efforts to narrow the urban-rural gap, build a modern industrial system and raise the co

ntribution rate of industrialization to social development and take steps to increase people’s incomes.

Development of service sector very important

Equally importantly, China should develop the service secto

r-including financial securities and modern logistics services, and the information technology and c

ultural industries-so that it can absorb surplus labor and promote the transformation of the country’s social and

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The 5G licensing will be a significant boost to the do

omes上海龙凤1314女神会所tic economy as it will drive the transformation and upg

rading of the real economy, promote 5G applications in various fields including

manufacturing and agriculture and boost growth of the digital economy,” said Wang Zhiqin, head of IMT2020 (5G) Pro

motion Group, a team established by the ministry to accelerate the development of 5G in China.

“Issuing licenses for China Broadcasting Network Corp, the fourth

5G carrier, will help build a next-generation communication network,” Wang added. “Gr

anting four 5G licenses is conducive to fostering rational competition and investment in the market.”

She said the ministry will take key measures to promote 5G application, stren

gthen industrial management, better allocat上海龙凤1314女神会所e resources, encourage companies to part

icipate in 5G-network construction and further integrate 5G with vertical industries.

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By the end of April, the total value of debt-to-equity sw

ap reached 2.3 trillion yuan ($332.8 billion). More than 20 percent was for the central State-owned enterprises, including China B

aowu Steel Group Co Ltd, State Power Investment Co Ltd, and China Shipbuilding Industry Corp, acc

ording to data from the State-owned Assets Supervision and Administration Commission.

David Lipton, the International Monetary Fund’s first deputy managing director, said: ” (China’s) Cre

dit growth and corporate debt have been reduced thanks to concerted efforts to strengthen fin

ancial regulation, reduce regulatory arbitrage, and improve the framework for financial supervision.”

His statement came after the IMF published a report forecasting that China‘s economic growth is expected to moder

ate to 6.2 percent this year, down from 6.4 percent in the first quarter, as uncertainty around trade tensions rem

ains high and risks are tilted to the downside. Inflation, in the meantime, is projected to rise to 2.3 percent.

www.qigwf.cn

Over 80 percent believed internship experience on the

e mainland will improve their competitiveness, and most expected to learn more of the vocational culture and work environment.

The HKUYA Student Exchange Network, an organization unde

r the Hong Kong United Youth Association, launched this year’s summer internship program on Wednesday.

More than 200 Hong Kong college students will go to Beijing, Shanghai, Harbin and Dalian to take part in a six-week

program. They will work in government organs, State-owned enterprises, cultural and business institutions.

Stanley Choi Tak Shing, honorary chairman of the student exchange network, said he hoped students would learn

more about the country’s development through the internship, especially those who want to work on the mainland.

A student who will work in the Mei Lanfang Theater in Beijing this summer vacation said she wanted to work in the art indu

stry after graduation, and expected to learn more about the industry through the internship.

qianpdd.com

As for China, the significant deviation in the US’ stanc

es and objectives in the trade talks should be a warning for it to more strictly stick to its principles. And t

he fact that the US wants to challenge the laws of economics should not be reason for China to try to do the same.

Australian Prime Minister Scott Morrison said his go

vernment had delivered a miracle result in Saturday’s election where it

unexpectedly looks set to retain office, saying the victory was for the “quiet Australians” who supported him.

“I have always believed in miracles!” Morrison told an e

xuberant room of Liberal Party supporters around midnight.

The coalition government is in position to remain in power with mor

e than half the votes counted on Saturday, though it is uncl

ear whether it can govern with an outright majority and final results may not be known this weekend.

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The US administration’s more often than not conflicti

conflicting goals have resulted in the trade conflicts with China an

d other countries. For instance, China’s exports to the US grew 11.3 percent

and its trade surplus with the US increased to $323 billion in 2018, up 17.3 percent year-on-year.

Moreover, Washington has forbidden US companies to sell chips to ZTE, a Chinese multinational telecommunications equip

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

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There is some merit to raising capital,” said Chief Exec

cutive Elon Musk on a call discussing the results. “It’s probably about the right time.”

He also said he would prefer Tesla to be private but “that ship has sailed.”

The company which is ramping up production of its Model 3 electric sedan, the vehicle Tesla sees as the key to future succ

ess, stood by its 2019 delivery forecast of 360,000 to 400,000 vehicles and said it may produce as many as 50

0,000 vehicles if its factory in Shanghai reaches volume production in the fourth quarter.

Tesla said it would make a loss in its second quarter but predicted a return to profit in the third.

Musk said that global deliveries were “the most difficult logistics problem” he had ever seen.

Haris Anwar, senior analyst a financial markets platform Investing.com, called guida

nce for the second quarter “bleak”. “I continue to see a very volatile 2019 for Tesla and its shares,” Anwar said.

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