Investment can create ‘virtuous circle’ for CPECtan-based Is

After a suicide attack claimed by the Pakistan-based Islamist militant group Jaish-e-Mohammad (JeM) ki

lled at least 40 Indian paramilitary troopers in the Pulwama district, India has said it will en

sure the isolation of Pakistan in the international community and withdraw the Most Favored Nation status given to Pakistan.

China firmly opposes and strongly condemns all forms of terrorism. The country, also a victim of terrorism, is exp

ected to do what it can to provide support and assistance to India to enhance anti-terrorism cooperation.

However, if the terror attack leads to political and economic isolation, ordinary Pakistani p

eople will become the scapegoat of JeM. Poverty has more of a role in terrorism than some Indian ex

perts may believe. If foreign aid and investment can help Pakistan eliminate poverty, the growth environment for terrorism will be destroyed.

“China is promising about $3.5 billion to help bolster Pakistan’s dwindling foreign cash reserves” and pay fo

r the country’s socioeconomic development plans, the US-based Voice of America reported last week. Although the Chinese government ha

s not confirmed the news, it is unlikely that China will change its supportive attitude on the China-Pakistan Economic Corridor (CPEC).

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Nevertheless, it should be made clear that despite the external

 pressures, it is actually a need for China’s economic development, at the current stage, to further open up markets. Thus, the c

ountry’s accelerated opening-up is not only the response to the external risks, but also a key step in transforming pressures into new growth momentum.

So far, the openness of China’s manufacturing sector is relatively high, especially compared to the degree of ope

nness in the service industry, with foreign ownership limits and license restrictions set in such sectors like m

edical care, education, express delivery and others. Since the overall manufacturing sector is now basically opening up,

there is a high possibility that China will expand the opening of the service industry in the near future. Specifically, finance, medical care, education

and elderly care are all potential sectors that could see greater market access, as the current Chinese society is also in need of these services.

In other words, China has already got the basic conditions for further opening up of its service industry. With the country’s

per capita GDP exceeding $9,000, the proportion of residents’ basic living consumption has declined, while the co

nsumption demand for information, culture, medical care, education, elderly care, entertainment and other services has increased.

Some observers, however, have been concerned about the impact of increased opening-up on the domestic services industry. It is

undeniable that such an impact is inevitable, but it should be viewed as the pressure to stimulate the innovation and

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We condemn and deprecate this tardiness of the electoral

in strongest terms possible,” the party said in a statement by its campaign spokesman.

The statement noted that President Muhammadu Buhari “had cooperated fully with IN

EC by ensuring everything it demanded to conduct free and fair elections were promptly made available to it.

“We do hope that INEC will remain neutral and impartial in this process,” it said.

On its own part, the main opposition People’s Democratic Party (PDP) rejected the

shift in the dates of the general elections and described it as “an act of wickedness.”

In a statement, the party’s chairman Uche Secondus said a foul play was being suspected

and that it sensed the move as a means of thwarting the will of Nigerians in the election.

“The PDP leader warns that the party will not accept anything short of a well-organized electoral process devoid of manipulat

ion, harassment, and intimidation of voters and the opposition, particularly members of the PDP,” the statement said.

Tope Kolade Fasua, the presidential candidate of the Abundant Nigeria Ren

ewal Party (ANRP), said the election postponement will have great implications for everybody.

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Forcing one to drink can’t be a test of friendshipA friend of

Lunar New Year’s day in hospital this year, because he was urged to drink Kweichow Moutai, the famous Chinese liquor. After recklessly guzzli

ng almost half liter, he went into a coma due to alcohol poisoning and ended up in the emergency room. My poor friend missed the entire Spring Festival.

For many foreigners, such an incident may be beyond imagination, and include a shock factor. Why do some Chinese pe

ople always force others to drink? How is drinking linked to sincerity and good faith? Well, welcome to the Chinese drinking culture.

As an old saying goes, “In wine there is truth.” Some Chinese people tend to believ

e that under the influence, people may reveal their true beliefs and feelings which would not be expressed when they are sober.

As a result, when people are urging their friends to drink, they may say: “If you don’t drink up, you are not m

y true friend!” It sounds they could only be honest and open to each other when they are dead-drunk.

In another type of situation, people who hold more power force their subordinates to drink. They would say: “Dr

ink this up, and then I will promise you your promotion.” It is more like forced persuasion or even a threat. In

China, urging people to drink is like a “game of thrones.” The domineering would force others to drink up so as to show off their

power, while the pliable tend to yield. They use empty bottles to tell the strong: “See, I keep drinking and don’t care sacrificing my health for you.”

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irms should adapt, not abandon changing China a fact. S

China’s economic slowdown is a fact. Some foreign companies are said to be considering a withdrawal from the Chinese market, while others are making the choice to stay.

Nobody can say that all foreign companies can succeed amid the nation’s economic restructuring, but it’s very lik

ely that the ones who remain calm can emerge as winners in the market of more than 1.3 billion consumers.

China’s economic slowdown is making headlines around the world with signs of weakening growth agains

t the background of trade tensions. Several Western media outlets in recent weeks have published articles suggesting Ch

ina’s slowdown has started to weigh on some of the world’s biggest businesses, spreading alarm in the market.

The sales of a number of big companies are reportedly suffering as a result of China’s economic slowd

own. Those reports have led many to believe that those companies are losing confidence ab

out the Chinese economy. Some companies have plans to withdraw from China. However, investors may be misled by those reports. Official figures show t

hat inbound foreign investment in China reached an all-time high in 2018, reflecting overseas investors’ growing confidence in the Chinese market.

China is having a hard time amid its economic restructuring. In fairness, most of the world econo

my is suffering. Still, the Chinese economy has turned in a relatively good performance with GDP growth of more than 6 percent.

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What apparently has shattered the confidence of the ruling

its poor performance in recent polls in three key Indian states.

One key factor that apparently sealed the fate of the BJP was prevailing anger among upper castes. So the first thing the prime

minister did was to grant 10 percent job reservation to the less well-off among the upper castes.

The BJP projected the move as a “game changer” which it claimed would win it the support of a certain section of society bu

t now finds itself on the back foot as the Congress came out with a proposal promising “minimum income guarantee” fo

r every poor villager if the party was voted to power. The idea has left the BJP leadership unnerved.

The head of the Pakistan Navy hailed the Chinese navy’s participation in the Aman 19 multinational maritime exercise during a visit to the

warship Kunlunshan on Sunday, saying that the Chinese naval presence in the Indian Ocean is vital to regional ­security.

Pakistan is holding its sixth multinational maritime naval drills, Aman 19, from Friday to Tuesday in Ka

rachi, with navies and observers from 46 countries including China, Russia and the US participating in the exercise.

The Chinese People’s Liberation Army Navy (PLA Navy), which has participated in all

previous Aman exercises, sent two warships from the Task Group 998 for the exercise.

“The PLA Navy has always been a very big participant, we are really grateful for that,” Ch

ief of the Pakistani Naval Staff Admiral Zafar Mahmood Abbasi told the Global Times during his visit.

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PLA Rocket Force Weibo accounts take off in popularity

Hundreds of thousands of users on Sina Weibo, the Chinese Twitter-like social media platform, have flocked to and followed the tw

o official Weibo accounts newly created on Thursday afternoon by the Chinese People’s Liberation Army Rocket Force.

PLA Rocket Force, formerly the Second Artillery Corps, was established on Dec 31, 2015, and serves as the strategic and tactical missile force of China.

It marks the first time for the PLA Rocket Force to open up official Weibo accounts, making the emergence of

two at once even more remarkable. One account shared the same name with the force, wh

ile another chose the funnier and more down-to-earth name Dongfeng Kuaidi, which means “Eastwind Delivery”.

Some netizens made a guess that the former one would be used for releasing official and formal news and the latter for communicating with the sea of Weibo users.

At the time of writing, the account PLA Rocket Force had over 82,000 follo

wers and Dongfeng Kuaidi had 180,000 fans, despite the fact that neither of the a

ccounts had posted any content yet. Meanwhile, the number of followers continues to surge wildly.

Most fans are surprised by the PLA Rocket Force’s move to “land” on a social m

edia platform with hundreds of millions of users, due to its air of mystery.

Many of them have said “welcome” to the PLA Rocket Force and could not to wait to le

arn more about and interact with it on the social media platform they often use in daily life.

The PLA is comprised of the Ground Force, Air Force, Navy, Rocket Force and Strategic Support Force.

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llegedly maltreated boy appears before court in Guangdong

teenager rescued from seven years of alleged maltreatment at the hands of his aunt and uncle

has appeared before the court in Pingyuan county, Meizhou city, Guangdong province.

The news came from a statement released by Guangdong High People’s Procuratorate on Friday.

Xiao Ming‘s aunt was suspected to have maltreated him for more than seven years, starting

when he was seven years old, resulting in severe physical and psychological damage, the statement said.

Xiao, born in 2004, lived with his father after his parents divorced in May 2008. After his father

died in a mining accident in October the same year however, Xiao was sent to live with his grandparents.

It was in May 2011 when his uncle (his father’s older brother) an

d aunt forced Xiao to live with them that the alleged maltreatment began.

It is claimed that the family treated him so poorly that he had insuf

ficient food and clothes, and that he dropped out of school to do farm work for his aunt.

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Xiao was rescued when procurators from Pingyuan county

visited his village during a campaign focused on protecting children’s rights in March last year.

Procurators interviewed Xiao’s grandparents, visited Xiao’s former primaryers, and contacted Xiao’s mother during their visit.

Procurators then transferred Xiao’s case to local police and suggested the detention of his aunt while they further investigated the case, having found evidence of maltreatment in his uncle’s home.

After a health examination in a local hospital, Xiao returned to live with his grandparents.

With the help of the county’s procuratorate and relevant government departments, Xiao returned to school in September.

The procuratorates of Meizhou city and Pingyuan county have jointly granted a 60,000 yuan ($8,860) relief fund to help financially support Xiao.

An open public hearing into the matter is to be launched by Pingyuan county people’s court.

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hina has become the biggest owner of AI patents, follo

wed closely by the US and Japan, the report revealed. The three countries own 74 percent of all issued AI patents globally.

The CISTP report noted that while China has the world’s secondlargest AI talent pool, it has a lower percentage of top talents.

By the end of 2017, China had amassed more than 18,000 AI specialists, behind only the US. But, Ch

ina had only 977 top-tier AI specialists, just one-fifth of the number in the US, ranking sixth globally.

“China’s strengths are mainly shown in AI applications and it is still weak on the front of core techn

ologies of AI, such as hardware and algorithm development,” the report noted. “China’s AI de

IJING – China’s new yuan-denominated loans stood at 3.23 trillion yuan ($477 billion) in

January 2019, up 328.4 billion yuan year-on-year, central bank data showed Friday.

velopment lacks top-tier talent and has a significant gap with developed countries, especially the US, in this regard.”

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