Will the maximum pr上海千花网ed on China take effec

Using maximum pressure to achieve its goals is a trick frequently used by some in the United States for international negotiations cal

上海千花网led “the art of trading”. Its main feature is using the means of multifaceted attacks and unlimited requirements while at the same time gaming against its opponent in m

ultiple issues that cross different fields, and then resorting to selected compromising moves to achieve the goals of core interests, to maintain hegemony through power, and to defeat the opponent t上海千花网

hrough bullying and deception. Some people in the US think that “maximum pressure” is extremely powerful, and decidedly useful when dealing with China.上海千花网

Is the “maximum pressure” measure really effective? In dealing with some small and weak countries, the US government has arbitrarily waved the big stick of sanctions and relied on its power and maximum pressure to impose its own interests. Some countries, shadowed by the powerful economic and political pressur上海千花网

e from the US, either because of a lack of overall strength or because of long-term dependence on the US, have been forced by the US to make compromises in accordance with the require

上海千花网ments of the US in negotiations, and they have to quiet down and let the US get what it wants. This is a situation that happens often and inevitably leads some people in the US to form the opi

nion that all countries, including China, will be afraid of the maximum pressure strategy and will certainly yield and surrender under their powerful pressure.

• Can trade protection make the “return of the manufacturing industry” to the US possible?

上海千花网女神会所Since the Trump administration came to power, it has put forward the proposal of “buying US goods and hiring US workers”, emphasizing the “return of the manufacturing industry”. Some people in the US

offered preferential policies to enterprises that came back to the US to set up factories. For those enterprises that moved their factories abroad, they were threatened with tariffs, forcing ente

rprises to return to the US for production. Can these trade protectionist practices really enable the US to achieve a return of the manufacturing industry?上海千花网女神会所

Whether the return of the manufacturing industry can be achieved depends first on the reasons behind the outflow of manufacturing from the US.

From the perspective of the US domestic economy, its manufacturing outflow is determined by how the local economy works.上海千花网女神会所

In the process of economic globalization, US multinational companies have transferred more and more industries to developing countries to a

chieve maximum profitability. Through industrial transfer, they reduce costs, expand markets, divert pollution, and i

ncrease the profitability of capital. At the same time, more and more capital has left the real economic sector with lo

wer profit margins, and turned to the financial sector to engage in financial speculation, leading to the hollowing out and virtualization of the US economy.

• Can economic and trade friction promote US economic prosperity?

Since 2019, the employment rate and the market value of the US stock market have remained high. In the first quarter, the actual GDP annualized quarter-on-quarter

preliminary value was 3.2 percent. Since the introduction of economic and trade friction by the US against China, the US economy seems to be

doing well. This has made some people in the US confident about constantly escalating trade friction with China. But to o

bjectively evaluate the so-called prosperity of the US economy requires a comprehensive and rational analysis.

Based on some indicators, the US economy is prospering. However, whether it will continue to prosper depends on the

state of capital accumulation. In the first quarter of 2019, the seasonally adjusted fixed-capita

l investment growth rate of the US private sector was only 1 percent, significantly lower than growth rates in 20

17 and 2018. According to US official data, US durable goods orders fell 2.1 percent from the previous month in April 2019, surp

assing the expected 2 percent decline. Shipments of core capital goods – a leading indicator of economic expansion – fell by 0.9 percent in April. Fr

om the perspective of development trends, economists are unsure about the prospects of the US economy. According to a recent survey released by the Na

tional Association for Business Economics, many economists predicted that the possibility of a recession in the US ec

onomy by the end of 2020 will almost double, mainly due to the US government’s trade protectionist policies.

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One aim of the literature festival is to improve the cul

ltural appeal of the countryside so as to attract people back, Jia says. The organizers are als

o working to promote communication between the authors and the villagers, and encourage more reading activities.

Rural resident Ren Chunhua, 63, who now works as a narrator at a local history gallery, was list

ening to Ge Fei’s lecture in her gallery neighboring the festival venue and wanted to buy his work and got the write

r’s signature. She thought Ma’s work inspired by village life in the 1950s was well-written and accurately reflected the reality there.

Literature aficionado Cao Liang drove for two hours from Taigu county to attend the lectures. Having coll

ected all of Su’s books and being familiar with many of the guest authors’ works, he is currently writing his own novel.

Villagers took turns to attend the festival, a move which Ren believes will in

vigorate the local cultural environment and raise Jiajiazhuang’s profile.

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Development of huge shale oil field goes full steam

This year, PetroChina’s Xinjiang Oilfield Company has been fully develop

ing the Jimsar shale oil field, which boasts 1 billion tons of shale oil reserves, Xinhua reported.

The company has mobilized 36 drilling rigs, started drilling on 47 wells and completed eight wells till now. The daily drille

d footage surpassed 2,000 meters and the total drilled footage reached 160,000 meters.

PetroChina has ramped up exploration efforts on Bohai Bay Basin, Songliao Basin, Ordo

s Basin and Junggar Basin in recent years and shale oil was listed as one of the four exploration goals. Dagang Oilfi

eld, Xinjiang Oilfield, Tuha Oilfield and Changqing Oilfield have been set as important demonstration zones.

Xinjiang Oilfield Company said it planned to mobilize 45 drilling rigs this year to finish drilling nearly 100 wells.

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mers eat at a hotpot restaurant in Wuhan, capital of Hubei

In addition, a thread on Weibo, China’s Twitter-like comments platfor

m, titled “eating alone” contains 226,000 posts and has garnered 290 million hits.

In 2017, WithEating Magazine, a Chinese foodie journal, started its Eati

ng Alone channel on Bilibili, a popular video-sharing website. To date, the channel, wh

ich has 52 episodes explaining how to prepare meals for one, has attracted more than 200 million hits.

In February, the magazine published a book of the same name, listing 65 recipes for dishes ranging fr

om desserts to foreign cuisine, such as roasted ribs, the Korean favorite bibimbap and seafood curry.

To many people’s surprise, it became a best-seller. “We didn’t expect the book to sell so we

ll. We didn’t print enough copies initially,” the magazine said on its Weibo account last month.

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Lu’s comment followed US Treasury Secretary Steven Mn

nuchin’s comments on Wednesday that he is hopeful that both countries can “go back to the table”.

Lu told a Foreign Ministry news briefing that China has reiterated that it

s door is always open, but negotiations must be meaningful and conducted with sincerity.

“A mutually beneficial deal must be based on mutual respect, equality and win-win outcomes,” he said.

The US, out of political purposes, has used its state power to groundlessly suppress Chinese te

ch firms, which has severely affected the global development and cooperation in science and technology, he said.

It has also damaged the interests of businesses of relevant countri

es and will not win the approval and support of the international society, he added.

“Apparently it will not help create a good atmosphere for the negotiations,” he said.

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emphasized that the company was committed to con

ontinuously working with customers as well as industry and governme

nt stakeholders to ensure its technology adheres to all of their requirements.

The US Department of Homeland Security issued an alert warning on Monday that Chinese-made drones may be se

nding sensitive flight data back to their manufacturers in China, where it can be accessed by the government there.

According to a report by CNN, the alert warns companies and organizations that the US gov

ernment has “strong concerns about any technology product that takes American data into the territory of an au

thoritarian state that permits its intelligence services to have unfettered access to that data.”

The report does not name any specific manufacturers, but nearly 80 percent of the

drones used in the US and Canada come from DJI, according to industry analysis.

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information technology, had confirmed at the Boao Foru

um for Asia, that China will grant 5G licenses this year, but didn’t disclose a specific date.

“5G, industrial internet and the internet of vehicles are among the country’s top development priorities in the teleco

mmunications industry,” Zhang Feng, chief engineer of the Ministry of Industry and Information Technology, sa

id on Friday during the World Telecommunication and Information Society Day.

Zhang called for accelerated efforts to set standards in key areas, including 5G, to expedite th

e commercialization of this forefront technology and bolster the nation’s core competitiveness.

Major Chinese smartphone maker Huawei Technologies Co has already unveiled its first 5G chip and first 5G fol

dable smartphone, the Mate X, which is expected to hit the market in June, despite challenges involving the United States.

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Conflict also disrupts growth. Although many conflic

icts appear to have a religious or ethnic basis, some scholars believe their root cause may be economic, with ethnic divisio

s serving as a way to exclude other groups from access to scarce resources and opportunities. Whatever its so

urce, inequality of opportunity has a highly disruptive effect on governance and hence growth.

But these obstacles are not insurmountable. For one th

ing, developing countries now have huge potential export markets in middle-inc

ome countries, and no longer depend entirely on advanced economies for access to global markets.

Belt and Road can play vital development role

There is also a renewed awareness of the importance of infrastructure in e

nabling growth. In addition to roads, railways and ports, electricity and digital conn

ectivity are crucial. In this regard, the rapid expansion of cellular wireless technology, combined with the install

ation of high-capacity undersea broadband pipes around Africa, represents major prog

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Currently, 13 countries have been involved in the proje

roject, including Russia, Egypt and Algeria, and 17 domestic research teams, including on

e from University of Science and Technology of China, have started research on the site, Zheng noted.

The site will “offer research teams with observation equipmen

t, support for outdoor observation and data sharing services”, he said.

Wu Zhongliang, director of the administra

tion’s Institute of Earthquake Forecasting, said the experimental site will help for

m a “united front” at the national and international level to work on earthquake forecasting.

Referring to earthquake forecasting as a hard nut to crack, Wu said the work can

not see marked progress just in a few days, but forecasting capability will be improved a

s technology develops. “If it’s a war between humans and earthquakes, it’s us that will finally win,” he said

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China’s consumer inflation quickens tosumer price ind

China’s consumer price index (CPI), the main gauge of inflation, gr

ew 2.5 percent year-on-year in April, the National Bureau of Statistics (NBS) said Thursday.

The reading, in line with market expectations, accelerated from the 2.3 percent gain in March and 1.5 percent in Febru

ary. On a monthly basis, consumer prices edged up 0.1 percent, compared with the 0.4 percent drop seen a month earlier.

NBS official Dong Yaxiu attributed the rise to higher prices of vegetables, pork and fruit, which ros

e 17.4 percent, 14.4 percent and 11.9 percent, respectively, from the same period last year due to tighter supplies.

Food prices, which account for nearly one-third of weighting in China’s CPI, went up 6.1 percent year-on-year.

Meanwhile, China’s producer price index (PPI), which measures inflation at the factory gates, rose

0.9 percent year-on-year last month, up from the 0.4 percent gain in March that showed improving market demand.

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