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China announces new tariffs on US goodsday that it wil

China said late on Monday that it will increase tariffs on the bulk of $60 billion of US imports to three categories of rates between 10% and 25%.

For the rest of the $60 billion US imports, the duty rate will remains at 5 percent.

The tariffs will hit around 5,000 products and will take effect on June 1.

It is China’s latest response to the additional US tariffs on $200 billion of Chinese goods, which were implemented on Friday morning.

The move fully demonstrates Beijing’s firm determination to defend its due interest

s and legitimate rights in international trade and economic cooperation, according to analysts.

Guanxi, compadrazgo and bapakism. Three words from China, the Philip

pines and Indonesia that encapsulate the same values of the vast continent through the a

ges-a shared belief in the importance of the family and the community over the individual.

www.ashtvt.com

A man giving his name as Million Zhao, who has nearly

 followers on Sina Weibo and works as a part-time commercial photogra

pher, said that virtually all his female clients ask him to alter their pictures digitally to mak

e them appear skinnier before they are posted online-even those who are already super-thin.

The 30-year-old also engages in “fat talk” with his fri

ends, and sometimes jokes about his rotund belly to his followers on Sina Weibo.

He said, “Different from women, guys my age or younger engage more in ‘mus

cle talk’ because they want to be bigger and stronger”, while many middle-aged men who h

ave gained weight get caught up in “fat talk”, as they “want to lose weight and be heathier rather than prettier.”

Denise Martz, a professor of psychology at Appalachian State University in

North Carolina, US, said, “Social media is giving women a false sense of how they usually look.

www.ever-spring.org

Not only are there missing links on the causality chai

 between long-term structural factors and actual economic performance, it is also unclear how long those factors would take to constrain GDP growth to a part

cular level. In fact, 20 years ago, the same long-term factors were used to warn of a possible fall in Chinese GDP growth.

Because of the complexity of China’s growth trajectory, many economists seem to base their assessments of potenti

al on performance. After every drop in China’s GDP growth since the second quarter of 2012-when growth fell be

low 8 percent-economists have emerged to declare that performance was in line with potential.

Difficult to determine potential growth rate

To be sure, there are various estimates of China’s potential growth rate, ranging from 5 perc

ent to 8 percent. But it is difficult to determine which is reliable. For one thing, there is reason to believe that

most estimates fail to discount cyclical factors adequately when calculating the long-term trend.

www.koryoung.com.cn

Opening up of film market leads to vibrancy

the 22nd film of Marvel Cinematic Universe, has made more than $2 billion globally wit

h over $576 million, nearly a third of the total, being contributed by the Chinese market.

The percentage of Hollywood films contributing to China’s box office has witnessed a gradual decline in recent years

thanks to the rise of successful Chinese films including The Wandering Earth and Dying to Survive.

Due to its explosive growth in third-and fourth-tier cities, the Chinese movie market is certainly poised to become the larg

est in the world in the not too distant future. Last year, China’s total box office exceeded 60 billion yuan ($8.9 billion), gra

dually closing the gap with the United States whose box office was about $11.6 billion. China has become such a form

idable force in the global film industry that international film producers cannot afford to overlook it.

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She added that Nepal sticks to the one-China policy an

 and will not allow any forces to use its territory to conduct any anti-China activities.

The two leaders witnessed the signing of bilateral cooperation documents after the meeting.

hinese tech giant Huawei reported a 149 percent rise in research and development spendin

g from 2014 to 2018, faster than its counterparts Apple and Samsung, according to a Bloomberg report released last Friday.

The company’s R&D expenditure increase was just behind Amazon, which rose 210 percent during the 5-year period.

China is now Nepal’s biggest source of foreign investment

, second-largest trade partner and second-largest source of foreign tourists.

Ahead of the First Belt and Road Forum for International Coopera

tion, China and Nepal signed a memorandum on Belt and Road cooperation in May 2017.

deng-di.cn

Some facts may be twisted and distorted to sensatio

nal proportions. But nothing can obliterate the tangible benefits the development initiative has brought. In less than six

years, the nascent Belt and Road are already changing development landscapes in multiple places and dime

nsions. Thanks to the initiative, East Africa has seen its first expressway, the Maldives its first cross-sea bridge, Belar

us its own car-manufacturing enterprise, and landlocked Kazakhstan finally has access to the sea.

And while China-Cambodia trade may not look to be in perfect balan

ce at this point, Belt and Road cooperation between the two neighbors is laying a solid fo

undation for the latter’s future progress. Take the Sihanoukville Special Economic Zone for instance. An exem

plary project under the framework of the Belt and Road Initiative, it is expected to host 300 enterprises, create 100,0

00 industrial jobs, and serve as a resident-friendly new community housing 200,000 people.

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Gao cited data to rebut that view and urged AmCham Chi

ina to evaluate China’s market access and business environment for foreign investors in a “comprehensive, objective and fair” way.

The ministry’s data showed that US investment in China jumped 71.3 percent year-on-ye

ar in the first three months of this year. In 2018, US investment increased 7.7 percent year-on-year.

Gao said expansion of the investment figures fully demonstrates that US compan

ies continue to be optimistic about the market and accelerate the pace of investing in China.

Gao cited another survey published in February by AmCham China that showed that most US

companies with operations in China said they have continued to see their revenues grow there.

Gao said the ministry will maintain close contact with foreign enterprise

s and business associations, and continuously improve China’s business environment.

hdflower.net.cn

He noted that since the first Belt and Road Forum for

 International Cooperation two years ago, more countries and inter

national organizations have joined in the construction of the Belt and Road.

So far, 125 countries and 29 international organiz

ations have signed BRI cooperation documents with China, according to Lu.

Among them are 16 Central and Eastern European countries and Gr

eece. Italy and Luxembourg signed cooperation agreements with China last month to join

tly build the Belt and Road. Jamaica also signed similar agreements on Thursday.

During Premier Li Keqiang’s European visit last week, both sides agreed to seek greate

r synergy between the BRI and the European Union’s strategy for connecting with Asia.

Yang Jiechi, director of the Office of the Foreign Affairs Commission of the Comm

unist Party of China Central Committee, said last month that representatives of more than 100 coun

tries, including about 40 foreign leaders, have confirmed their attendance at the Beijing forum.

www.renrencanzheng.org

After the death, only three such animals remain in the

world: One in the Suzhou Zoo, one in Dong Mo Lake west of Hanoi and one in Xuan Khanh Lake in Hanoi’s outskirts.

The Yangtze giant softshell turtle is one of the world’s largest known freshwater turtle species, and one of the world’s 50 most threatened turtles.

The 125th China Import and Export Fair, also known as the Canton Fair, China’s largest

trade fair, will open on Monday in Guangzhou, capital of South China’s Guangdong province.

The spring session of the biannual fair will be held in three phases. The export section w

ill have 51 exhibition areas with 59,651 booths booked by 24,800 domestic enterprises.

The first phase of the export exhibition held from April 15 to 19 will mai

nly showcase mechanical and electrical equipment, hardware, and building mate

rials. The second phase from April 23 to 27 will showcase consumer goods and gifts. The third issue from May 1 to 5 will d

isplay textiles and clothing, luggage, culture and sports, food, medical supplies and medical health products.

www.yajkaz.cn

Inside Beijing’s must-attend April eventbassador to

Guests like Austrian ambassador to China Friedrich Stift, p

erformances from the Strauss Festival Orchestra Vienna, and reality TV star Allen Wu as

host have made the event the most talked-about on Beijing’s April social calendar.

The dapperly attendees and the venue at the Kempinski Hotel Beijing Lufthansa Center, a lux

ury hotel in downtown Beijing, will make April 13 a night of waltz, high fashion and haute cuisine.

With tickets priced 1,500 yuan ($224), the ball has sold out every ye

ar during its five-year history in Beijing, according to organizer, the Kempinski Hotel.

In this video interview with China Daily’s website, both the ambassador and Brice Péan, mana

ging director of the Kempinski Hotel, give a preview of what to expect at this year’s ball.

www.yuyingleyou.com.cn