Re-weighting of indexes 上海会所affect capital flows

Major stock and bond index providers have started, or have announced that they inten

上海会所d, to increase the weighting of China’s securities in their respective benchmark indexes over the course of 2019-20.

Global index provider MSCI Inc. announced in February that China’s coverage in the MSCI上海会所品茶微信

Emerging Market Index will increase from its coverage of 235 large-capitalization A-shares to 253 la

上海会所rge-and 168 mid-capitalization stocks. On a pro forma basis, A-shares will constitute 3.3 percent-a significant inc

rease from the current 0.7 percent-of the MSCI-EM Index when the process is completed in November.

The FTSE Russell, the first international index provider of the Chinese mainland’s benchmarks 20 years ago, has elevated Chi上海会所

na’s A-shares to emerging market status and started adding them to the FTSEEM Index from June 24, 2019. Upon f

上海会所品茶微信ull implementation of phase 1 by March 2020, the A-shares will make up 5.7 percent of the index.

And the Bloomberg Barclays Global Aggregate Bond (GAB) Index started the process of including China’s yuan-den上海会所

ominated government and policy bank bonds as a constituent on April 1. Other index providers, such as the FTSE R

ussell and JPMorgan, are reportedly also considering adding China’s debt to their indices.上海会所品茶微信

The MSCI, FTSE Russell and Bloomberg Barclays GAB indexes cover a

sizable share of the investible markets in the world. For example, the MSCI-EM alone is tr

上海会所acked by an estimated $1.9 trillion in assets under management (AUM) from pensions, endowments, passive funds, and

other investors. And the re-weighting of these major global investment indexes is expected to result in a re-allocation of capit

al across emerging markets. As a result, China’s asset market will inevitably become more important for glo上海会所

bal investors, notwithstanding the “noise” created by the ongoing US-China trade tension.

上海会所品茶微信Welcome shift for Chinese firms and global investors

An increased weighting for China’s securities in these indexes in the MSCI would me

an a larger allocation of AUM by foreign fund managers into the Chinese markets. While this shift would b上海会所品茶微信

e a welcome development for both Chinese enterprises seeking financing and global i

nvestors searching for emerging opportunities, it potentially represents bad news for other emerging markets.

gzbbccc.com

With the decline in th上海419ork, consumption has

s also started to drop, partly due to the psychological effect of the viru

s, which has made some people reluctant to eat pork and so they turn to other meat, he said.上海419品茶微信

“The supply of alternatives to pork, such as poultry, will increase in

上海419the next two years, which will help ease the gap between the supply and demand of pork.”

More convenient immigration policies will be adopted nationwide starting Aug 1 that make it easier for foreig

n talent to come to China, the National Immigration Administration said on Wednesday.上海419品茶微信

The 12 new policies aim to attract foreign talent, outstanding youths and overseas Chinese to inn

上海419ovate, start businesses, study and work in China to help promote economic and social development.

The policies have been gradually implemented in some free trade zones in 16 provinces and municipalities, includi

ng Shanghai, Beijing and Fujian province, since 2015, said the Ministry of Public Security.上海419品茶微信

Their extension will allow a wider range of people across the country to apply for permanent residency, long-term visas and residence p

ermits, said Chen Bin, head of the immigration authority’s department of foreigner administration.

上海419The new policies add three types of people to those eligible for permanent residency.

The first category covers high-level foreign talent, inclu

ding people who have made significant contributions and those in special demand.

The second applies to foreigners working in China. They need to have wor上海419品茶微信

ked in the country for at least four consecutive years, and to have lived in the country for no l

ess than six months a year. Their annual income should be at least six times the average for local urban employ

上海419ees, and their annual personal income tax should be no less than 20 percent of their salary.

The third category refers to overseas Chinese who have a doctoral de上海419品茶微信

gree or who have worked in national key development areas in China for at least f

our consecutive years and who have lived in China for at least six months a year.

changjiangjiaoxiang.cn

The US has said the IN上海夜生活s already dead beca

ause, it contends, Russia had for years violated it, in part by deve

loping and fielding the nuclear-capable SSC-8 ground-based cruise missile.上海夜生活女神会所

In February, Washington suspended its participation in the treat

上海夜生活y, saying it would quit the deal on Aug 2 if Russia does not return to compliance.

Moscow denied the allegation it violated the treaty and a

ccused Washington of breaking the accord, which the US likewise denied.上海夜生活

On July 3, Russian President Vladimir Putin signed a bill that suspends the country’s par

上海夜生活女神会所ticipation in the treaty. The decree was passed by the Russian parliament last month.

The INF Treaty, which was signed by US president Ronald Reagan and Soviet president Mikhail Gorbachev in 1987, has been c

onsidered a landmark arms control agreement. It bans Russia and the US from possessing, producing or c上海夜生活

onducting test flights of ground-launched cruise missiles and ballistic missiles

with a range of 500 to 5,500 kilometers. The treaty caps the number of deployed warheads at 1,550 for each side.上海夜生活女神会所

In an article in Arms Control Today, a monthly magazine on nonprolif

eration and global security, Daryl G. Kimball, executive director of the US-based Arms Cont上海夜生活

rol Association, suggested that the New Strategic Arms Reduction Treaty, also known as New START, be extended for f

ive years in order “to provide a foundation for a more ambitious successor agreement”.

上海夜生活女神会所”Without New START, there would be no legally binding, verifiable limits on the US or Ru

ssian nuclear arsenals for the first time in nearly half a century,” Kimball said.

New START was signed by Russia and the US in 2010 and took effect in 20

11. It replaced the 1991 START I treaty, which expired in 2009, and superseded the 2002

Strategic Offensive Reductions Treaty, which was terminated when New START took effect.

New START limits the US and Russia to 1,550 deployed warheads on 700 deployed delivery vehicles for long-range, strategic n

uclear warheads. Both sides have reduced their forces, meeting the mandated limits in February last year. If Mosco

w and Washington don’t come to an agreement on an extension, the agreement could die in 2021.

www.blghuafenchi.cn

he companies said th上海夜生活ecision will create a

 more welcoming environment for women and children and will avoid giving off a bad impre

ssion of the country as Japan prepares for a flood of foreign visitors during the sports events.上海夜生活

France, July 16 — Germany’s Ursula von der Leyen was elected to b

上海夜生活e the next president of the European Commission on Tuesday with a slim majority.

She made history as the first female chief executive of the Europe

an Union. The slim majority also helped avert a political crisis for the world’s largest trading bloc.上海夜生活女神会所

The European Parliament currently comprises 747 lawmakers, so the thr

eshold needed to be elected was 374 votes, more than half of its component members.

上海夜生活Of the 733 votes casted by members of the European Parliament on Tuesday evening, she won 383 votes, only 9 votes more t

han the necessary 374-vote majority. Had her nomination – without objection from any of the 28 EU member stat

e governments – been shot down, Brussels would be deep in uncharted political waters.上海夜生活

“In the past, 7-Eleven was mostly used by male customers to buy beverages and fast foo

上海夜生活d, and our product assortment was designed accordingly,” the chain told Reuters.

“However, as the role and usage of 7-Eleven stores has changed in recent years, 7-Eleven

became an important shopping destination for families, children and elder people as well.上海夜生活女神会所

“We also considered the increasing number of foreign custom

ers during the upcoming Rugby World Cup and the Olympics,” the chain said.

The move will not have a major economic impact on the chain, as adult magazines account f上海夜生活女神会所

or less than 1 percent of total sales at the roughly 20,000 7-Eleven stores across Japan, a spokesperson said.

上海夜生活According to Lawson, the company had already stopped selling such magazines at outlets in Okin

awa in November 2017 and has now decided to expand the ban to about 14,000 of its stores nationwide.

FamilyMart reported that 2,000 of its 16,000 franchises had already stopped selling adult magazines.上海夜生活女神会所

“It is a good thing to keep up with international standards f

or the Tokyo 2020 Olympics,” said Kobayashi, who refused to give his full name. “But someh上海夜生活

ow I feel sad when I realize that there is almost no place to buy these magazines after the change.”

leyishengpx.cn

At 18, he took a cargo 上海千花网Taiwan to learn Chine

 the ship the captain suggested that he should have a Chinese name.

“He named me Gao Tianrui, based on the pronunciation of my English name,” he said.上海千花网女神会所

After Taiwan he worked in several places, including New York, Singapore and a 12-year stint in Hong Kong.

上海千花网Crossman first came to the Chinese mainland in 1981, when he went to Shanghai and Suzhou in Jiangsu province.

“Wherever I went, I had at least 30 people following me, asking about Hong Ko

ng, how much I earned and how I felt about the victory of the Chinese women’s volleyball上海千花网

team,” he said. In 1981, the Chinese women’s volleyball team won the world championship for the first time.

上海千花网女神会所His first visit to Beijing was six years later on business. “There were few cars and lots of bicycles on the roads.”

Crossman and his family moved to Beijing in 1997, when the traffic was heavier a

nd the city busier. “There were only two subway lines, with no air conditioning,” he said.上海千花网

Since then he has lived and worked in Beijing.

上海千花网女神会所His parents separated when he was young, and he lived in many

different places in the US, so he never felt like he had a regular home there.

I had no hometown in the United States,” he said. “Your home is where your things are. In this sense, Beijing is my home.”

Crossman can make traditional Beijing bean-paste noodles, and when he goes to a restaurant, he ord上海千花网

ers dumplings, mashed eggplant and fermented bean curd, a traditional Beijing dish.

上海千花网女神会所He can often be found chatting with local people, especially taxi drivers.

“I am more familiar with the lives of taxi drivers than most Beijingers,” he上海千花网

said. “When I see their license numbers, I can tell how many years they have worked.”

wuxianzhongguo.cn

Four concerto concerts, w上海乌托邦red Ma and Wu, we

e held in New York from March 6-9, marking the US (United States) pr

emiere of Chinese composer Zhao Lin’s A Happy Excursion, a concerto for cello, orchestra a上海乌托邦

d the Pipa. “I was thrilled when I saw so many Westerners watched our performances,” recalls Wu.

上海乌托邦品茶微信She is pleased the younger generation of the pipaplayers tends to be better s

killed than the older generation of performers. She suggests the young people should b

etter understand traditional Chinese culture. Why? Someday, when the young artists perform the traditional Chinese m上海乌托邦

usic on the global stage, they will realize the significance of seeking the roots of the traditional Chinese culture.

Wu cannot remember how many times she has staged performances,上海乌托邦

both at home and abroad, during the past three decades. “My most unforgettable perfor

上海乌托邦品茶微信mance took place in a small music hall in the Republic of Tajikistan several years ago. While I was playing the pipa, th

e audience was so quiet that I could even hear their breath. My heart was filled with delight when I noticed they wer

e responsive to my hands’ movements when I played the pipa. I felt I was lucky to find such a keenly appreciative au

dience,” recalls Wu. “As most of the residents had little chance for entertainment, they considered my上海乌托邦品茶微信

oncert a ‘great event’ in their lives. I was deeply touched by their respective, pious attitude.”

Wu’s zest to perform inspires her to make continuous efforts to pursue artistic perfection, so m

ore people from around the world will be impressed by the unique artistic beauty of the pipa.上海乌托邦

Musicians from China and Malaysia jointly put on a classical m

usic performance in Kuala Lumpur on Tuesday, playing out melody featuring cul

tural uniqueness to mark the 45 years of diplomatic relations between the two countries.上海乌托邦品茶微信

The “Maritime Silk Road Legend Concert 2019” was held in conjunction with marking the 45 years of the diplo

matic relations between the two countries, as we

ll-known conductor Tang Muhai guiding the Guangxi Symphony Orchestra conveyed the meaning of Chin上海乌托邦

ese traditional culture and friendship to the Malaysian people through classical music.

The performance drew hundreds of audience including senior Mala

ysian government officials like Mohamaddin Bin Ketapi, minister of tourism, arts and cul上海乌托邦品茶微信

ture as well as Foreign Minister Saifuddin Abdullah and Education Minister Maszlee Malik.

In his message to the performance, Mohamaddin said he believed that the perf

ormances would greatly enhance bilateral cooperation between Malaysia and China.

moefantasy.cn

n 1977, Wu was admit 上海419论坛o the Central Conservat

ory of Music Middle School, in Beijing. Her score for pipaperformance ranked first among candidates in the country. From 1981-1987, she stu

died at the Central Conservatory of Music (in Beijing), where she became the first reci 上海419论坛

pient of a master’s degree in the pipa(in the country). Then, she began teaching at the school. However, she was not s

 上海419论坛品茶微信atisfied with the “stable life.” In 1990, she traveled — alone — to Los Angeles (LA), to pursue further studies in the pipa.

Wu felt lost when she first arrived in LA, as most Americans, who had never seen the pipa, were not

accustomed to the musical instrument. As she struggled to adapt to her new life, Wu performed, in her 上海419论坛

spare time, in communities and primary and middle schools (in LA), to help Americans understand the beauty of the

 上海419论坛品茶微信pipa. At the same time, though, Wu felt as if she were in music heaven, because she was able to study various ge

nres of music, including jazz, musicals, electronic music and rock and roll, to her heart’s content.

To help Americans understand the beauty of the oriental mus

ical instrument, she has, for the past three decades, played the pipa during numer 上海419论坛品茶微信

ous musical performances, including recitals and symphony and chamber music concerts. As a result, ma

 上海419论坛ny Americans have become Wu’s fans. As Musical America (the oldest American magazine on classical music) noted, “She is th

e very model of a modern soloist, but more importantly, her work is part of a big step in the evolution of Western classi

cal music. Thanks to her, the pipa is no longer an exotic curiosity, let alone a complete mystery.” 上海419论坛品茶微信

Compared with Western music, traditional Chinese music tends to be more abstract, which leaves one with greater ro

 上海419论坛om for imagination. After you watch a pipa performance, you may enjoy its lasting, and pleasant, aftertaste.

Wu’s adventurous spirit and virtuosity have led to collaborations across disciplines, and ha

ve allowed her to reach wider audiences, as she has worked to break through cultural and musical border 上海419论坛品茶微信

s. As a result, an increasing number of Westerners have been fascinated by the unique charm of Wu

 上海419论坛’s “lute -like instrument.” During the past 29 years, Wu has achieved fruitful results in collaborating with Kronos Q

uartet. Early in 1995, Wu and Kronos premiered their first project, Tan Dun (a Chinese contemporary classical co 上海419论坛品茶微信

mposer and conductor)’s Ghost Opera, at the Brooklyn Academy of Music (in New YorkW

ithin a short time, Wu and Kronos embarked on a worldwide musical tour. Their performances were well received.

www.moefantasy.cn

Which shows Western, especially US, politicians and

media accuse China of violating human rights in Xinjiang not because they care for the people of the region but because they want to use hu

man rights as a weapon to attack China so they can hide their own atrocious human rights records.

Just as Deng Xiaoping said, some Western countries use issues su

ch as human rights to criticize China, but what they’re really after is China’s sovereignty. In pa

rticular, the US, given its grim human rights record, has no right to criticize China.

If governments and people across the world want to safeguard huma

n rights and promote the global cause of human rights, they should abandon their biases ag

ainst each other, respect cultural diversities and realize that human rights are really ab

out making people’s lives better, which is exactly what the central government has been doing in Xinjiang.

of the State Council, China’s Cabinet, on Wednesday, it was decided t

hat 10 percent of the shares of domestic large-and medium-sized State-owned e

nterprises will be transferred to the social security fund. Beijing News comments:

State capital belongs to the people and should benefit all members of society. It is also the co

mmon practice of developed countries to supplement social security fund with State-controlled capital.

After the money is transferred, the SOEs will enjoy the rights and profits

as financial investors, while the social security fund will be strengthened.

Before the move, the social security fund mainly rel

ied on enterprises and fees paid by individuals plus financial subsidies.

Especially, in the past round of SOE reform, many retirees were allo

wed to get their pensions without ever paying for them, which means the whole society sub

sidized the SOEs. Now the SOEs are flourishing and it is time they render some help back to society.

Money from the SOEs has long been considered an important way to supplement the social security fund. Howev

er, progress in achieving this goal has been rather slow. According to a national audit report, at the end of March this

year, only 113.2 billion yuan ($16.42 billion) of 23 SOEs had been transferred to the social security fund, which account

s for less than 10 percent of the planned total. Only four provinces had started the job.

There are vested interests behind this. For example, certain local government

7893515.cn

As the museum’s reput上海千花坊 more visitors ca

with many from other localities outside Lanzhou. The rising number of visitors also gave her good financial returns.

“A ticket to the museum costs 36 yuan ($5), and if you book online in advance, you can get a disc上海千花坊品茶微信

ount of 6 yuan,” she said. Despite not being free, the lure of the museum has proved to be enduring. It curre

上海千花坊ntly receives up to 100 visitors every day on average, making it the latest “must-visit site” in Lanzhou.

But breakup museums did not originate in China. In 2006, an artist couple in Croatia came up

with the idea after breaking up and established the world’s first breakup museum. The idea drew many上海千花坊品茶微信

followers, and similar museums sprang up around the world. Many in China also jumped on the bandwagon.

“I think it is a quite new, creative form of economy,” said Dou Xuecheng, a professor wit

上海千花坊h Gansu Agricultural University. “Traditionally in China, love and relationships are not to be expressed or d

isplayed in public, but as our society becomes more diverse, the attitudes of young people are changing.”

Dou said that the museum is a reflection that more people are after spiritual satisfaction.上海千花坊品茶微信

“But such forms of the economy can be short-lived,” Dou said. “

The organizers need to strengthen the content and services in the museums to prolong their life.”上海千花坊

Li Fangfang said that currently, the most important thing is to keep the museum rolling financially.

上海千花坊品茶微信”Even though we have many visitors, we also face high rent and labor costs,” she said. “B

ut we will definitely enhance our services according to the demands of our customers in the future.”

Contemporary Amperex Technology Co Ltd (CATL), China’s largest autom上海千花坊

otive lithium-ion battery maker, forecast a 120 percent to 150 percent annual profit gr

owth in the first half of 2019 amid a booming new energy vehicle (NEV) market.上海千花坊品茶微信

Net profit in the Jan-June period rose to between 2 billion yuan ($290 million) and 2.28

billion yuan, CATL said in a filing to the Shenzhen Stock Exchange on Saturday.

CATL said the strong profit growth came after it attracted more customers, strengthene、

d cost control and the NEV market boom resulted in a bigger demand for its lithium-ion batteries.

Despite sluggish sales of gasoline-powered vehicles, China’s NEV market has experienced a boom.

asrunde.cn

expands at rapid clip in 上海419论坛ngdonghones are displa

Guangdong province, an economic powerhouse in South China, is accelerating development of 5G, with 8,949

上海419论坛品茶微信base stations already established by the end of June according to sources at an industrial conference.

According to the 5G Innovation and Development Conference, which was held on上海419论坛

Sunday in the provincial capital of Guangzhou, Guangdong‘s 5G companies — Hu

上海419论坛品茶微信awei Technologies and ZTE Corporation — occupy up to 75 percent of the nation’s 5G market.

The province’s 5G industrial output is expected to reach more than 300 billion yuan ($43.6 billio

n) by 2020, according to an action plan on development of the province’s 5G industry.上海419论坛

“As part of booming technologies, the 5G will be used more in the internet of things

上海419论坛sector,” said Sun Yu, an academician with the Chinese Academy of Engineering.

In Guangzhou’s Huangpu district, 5G has already been implemented in commercial secto

rs, such as smart parking areas, automatic driving tests and bus operations.上海419论坛品茶微信

The district is expected to build 5,000 5G bases by the end of 2019, according to sources with the district government.

Honor, one of the two signature smartphone brands from Huawei Technologies Co, announced on Monday that it上海419论坛

will unveil a smart big-screen product in August, marking Huawei’s officially entrance into the TV sector.

“We hope to leverage our years of innovation in smartphon

上海419论坛品茶微信es to reshape the role of TV in our lives,” Zhao Ming, president of Honor, said.

In addition to the entertainment features of traditional TVs, Honor’s smart-screen product w

ill function as a center for information sharing for families and a center for multi-device interaction.

“We never meant to blaze off a bloody road in the fiercely competitive market. Instead, we aim to bring new value,” Zhao said.上海419论坛品茶微信

According to Zhao, the new product also will have big potential for industrial use, given its stro

ng computing, telecommunication and interaction capabilities, but Zhao did not provide details.

www.chitudoudemao.cn