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es it a large exporter of manufactured goods to the US and

Given that the US economy is driven by domestic demand, consumption in particular, instead of exports, a high rate of eco

nomic growth will widen the trade deficit, as it would have to import more products than it exports. In such a situa

tion, the implementation of large-scale infrastructure construction projects would further increase the trade deficit.

To make up for the increasing savings gap, the US needs to introduce and use more foreign ca

pital, which will further enlarge the trade deficit. Therefore, the US cannot simultaneously maintain a high g

rowth rate, invest massively in infrastructure, reduce the trade deficit and restrict the inflow of foreign capital.

What is really questionable is that, despite its contempt for over-regulation of the economy, the US administration has been tryi

ng to impose regulations on international trade, even for its trade partners’ domestic economic management.

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up more than half of the market size. The online users dou

e online users double from 5.7 million in 2017 to 15.3 million in 2018.

Insiders say as Chinese parents increase their spending on education, online education gets more recog

nition and China’s internationalization progresses, online course users will keep growing, The Beijing News reports.

The report echoes their opinion. Data from the report shows that the penetration rate of online education rose from 0.8 percen

t in 2015 to 9.1 percent in 2018, up 11 folds within four years. It’s projected that the penetration rate will reach 12 percent in 2019.

New users go for top brand

Data from the report shows the market share of VIPKID is 68.4 percent, follow

ed by 51Talk (11.6 percent), DaDa English (7.8 percent) and vipJr (5.7 percent).

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Some companies find niche markets in the industry by

producing specialized bicycles for health, sports and slow urban lifestyles.

Century-old bike-maker Shanghai Phoenix Enterprise (Group) Co Ltd and Tianjin Flying Pigeon Cycle Development Co are

transforming to produce sports and leisure bicycles based on the fast growth for these types of products.

The output of such bicycles priced above 1,000 yuan saw an 18.5 percent year-on-year increase to 8.43 millio

last year, up 10.5 percentage points over the previous year and accounting for about 11.5 percent of the total.

Other companies including Bike8, Onelap and Incolor continue to manufact

ure innovative bicycles by improving the intelligent and network connecting levels of their products

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Compadrazgo, a Spanish word that literally translates to

co-fatherhood”, is based on a kinship ritual that is formed after a child gets baptized into the Roman Catholic faith.

For the predominantly Catholic and close-knit Philippine society, the go

dfather (known as the padrino) is part of one’s extended family and is expected to h

elp and protect his godchild. The godchild is expected to respect and be loyal to the padrino.

Bapakism is derived from the Indonesian word for “father”. When used

in Indonesian business, bapakism demands great respect and obedience to one’s supe

rior. The manager in his role as the company’s bapak is expected to look after and care for his employees.

Although Asian values are steeped in an ancient culture and tradition, it was

only in the 1990s that this concept drew global attention. This was partly due to Asian lead

ers like the late Singaporean prime minister Lee Kuan Yew’s and current Malaysian Pri

changhaisheng.cn

The number of registered nurses in China topped 4 mill

ion as of the end of last year. Nearly 70 percent held a junior colleg

e degree or above, accounting for almost half of all healthcare professionals, she said.

Last year, there were 150 million people 60 years or above living with chronic diseases

in China. Of those, 44 million were fully or partially disabled and in need of regular nursing services, she said.

“With more nurses and nurse’s aides, the demand for nursing services from the elderly will be gradually met,” she said.

The commission will also encourage community health centers to provide more nursing services for the e

lderly in neighborhoods, Jiao said. They would include more beds and setting up day-care centers.

Regulations will also be released to encourage community health centers to provid

e beds to the elderly at home, so family doctors can provide treatment there, she said.

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need to promote exchanges among civilizations and

 dialogues based on harmony in diversity and inclusiveness. We need to undertake the cultural responsibility of inter

national communicators, and let exchanges of culture and among civilizations, as well as mutual learning, co

nstantly serve as bridges for people’s friendship, the impetus of international cooperation and bond of world peace.

Second, we should become builders of world peace and development. The wheel of humanities’ de

velopment is unstoppable. Peace, reconciliation and harmony are historical trends. Equality, mut

ual trust and win-win cooperation are historical necessities. Yet, as international conventions are attacked an

d multilateral mechanisms are challenged, the anti-globalization tendency rises, and unilateralism and tra

de protectionism are becoming increasingly fierce. We must adamantly safeguard the contemporary interna

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The Conference on Dialogue of Asian Civilizations, whic

will be held later this month following the proposal of President Xi Jinping, demonstrates China’s deep thinking and resp

onsibility for promoting the development of civilization in Asia and the world. The conference will have great and

far-reaching significance to the construction of a community of shared future for mankind.

The history of humanity is one of the coexistence and joint development of multiple civilizations. In his article on excha

nges among civilizations and mutual learning, published by the Qiushi journal on May 1, Xi wrote that “civiliz

ation becomes colorful because of exchanges, and abundant because of mutual learning”. He urged nations to “seek wisd

om, absorb nutrition from different civilizations, provide the people with spiritual support and comfort for thei

r soul, and join hands to resolve common challenges of various kinds confronting human beings”.

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hina, International Pavilion big expo drawsing distr

As landmarks of the International Horticultural Exhibition 2019 Beijing China, the China Pavilion and the Inter

national Pavilion are attracting large numbers of visitors thanks to their unique designs and functions.

Covering an area of 5 square kilometers, the expo is being held in the capital’s Yanqing district.

Following the ancient wisdom of the Chinese people, the China Pavilion takes the shape of a green b

uilding that can “breathe” and has “life”, as described on the exhibition’s official website.

Core portions of the pavilion are composed of terraced fields. Fun

ctions of both irrigation and insulation are at play, and th

e fields help reduce energy consumption of the building while also offering heating or cooling functions.

www.ixhhw.cn

Two Chinese nationals were confirmed killed, the

Chinese Embassy in Colombo said.The embassy is verifying the number of Chinese injured in the attacks.

Earlier information from the embassy said that four Chinese nationals were injured

in the multiple church and hotel explosions that ripped through the island nation on the Easter day.

The Chinese Embassy has activated an emergency response mechanism immediately a

fter the blasts, and embassy officials have visited the injured who were in hospital for treatment.

Curfew and ban on social media imposed

The government has imposed a nationwide curfew from 6 pm Sunday to 6 am local time on Monday.

The Sri Lankan government has also imposed a temporary ban on social media to prevent the spread of false information.

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D’s stock tumbled after the student first accused Liu in A

August, and its shares have slowly crawled back since Decembe

r. Hong Tao, an analyst from GF Securities, said the tech heavyweight has faced troubles. JD’s adv

anced logistics system, which is its core strength, has been overtaken by Alibaba’s Cainiao Logistics.

JD is in the spotlight as it is reducing salaries for its delivery staff and seeing a round

of shake-ups in its management team. Its chief technology officer Zhang Chen, chief lega

l officer Long Yu, and chief public affairs officer Lan Ye, all announced their resignation within just one month.

The company said in February that it would lay off 10 percent of its senior executives above vice-president level this year.

The 7-coin set contains two gold coins and five silver coins, with a variety of shapes. Designs i

nclude traditional Chinese ornamentation, dragon, phoenix, flowers and bird. All are legal tender.

The coins are made by Shenzhen Guobao Mint, Shenyang Mint and Shanghai Mint.

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