akes less than $9 from each iPhone. The total price of a phone is ridiculously counted as a Chinese export to the US. It’s a good thing that China is no longer a low-wage country. Most Chinese are much better off than they were even 10 ye ars ago. But it does mean that these low-skilled, labor-intensive industries will be moving to less-developed nations. US t ariffs on such products will only serve to hasten the transition to higher value-added industries that China has to make anyway. Roughly 20 years ago, when China’s admission to the World Trade Organiz ation was being negotiated, China’s economyRead More →

the bacon and the woman looking after the family doesn’t seem to have changed much eve n today. As a result, Chinese mothers still shoulder most of the responsibilities of raising kids. In the absence of fathers, mothers are more likely to pay greater attention to their kids and their education. This could not only prevent the children from learning life skills, but also make them bur dens for their mothers. And the greater the burden they become, the more their mothers would be stressed out. Yet such anxiety could be easily shared by, if not transferred to, other family members. A highly emotional yetRead More →

 with China, allowing UN member states to participate in its scientific missions for the exploration of the solar system. It will bri ng scientists from all over the world to work together, which will bring a lot of innovation,” she added. The meteorological satellite jointly designed and constructed by Chinese and French scientists has already started to send back data on the wind and ocean wave s after it was sent to orbit by a Chinese rocket in October. The data can help scientists learn more about climate chan ge, said Lionel Suchet, chief operating officer of the National Centre for Space Studies of France.Read More →

 public remarks made by Xi from September 2013 to July 2018. Since Xi proposed the BRI in 2013, he has spoken about the initiative on many occasions. The discourses have provided guidance for the country to develop international cooperation, i mprove global economic governance and promote the building of a community with a shared future for mankind. Russia – There is no alternative to the peaceful solution of nuclear and other issues on the Korean Peninsula, Russian President Vladimir Putin said Thursday, follow ing a meeting with top leader of the Democratic People’s Republic of Korea (DPRK) Kim Jong-un. Russia, for its part, is readyRead More →

Country may soon adopt revision to pave way for capital market reform The top legislature deliberated on the draft revision of the Securities Law over the weeke nd, signaling China may soon adopt the revision to pave the way for key capital market reforms, experts said. On Saturday, the draft revision was submitted to a bimonthly s ession of the Standing Committee of the National People’s Congress for a third reading, Xinh ua News Agency reported. The session began on Saturday and continues through Tuesday. Revision of the fundamental law governing the capital market h as lasted for six years, with 2015 and 2017 havingRead More →

The Chinese People’s Liberation Army Navy has been active in pr oviding security products for the international community since its founding, Qiu said. The navy has paid over 100 visits to 94 countries and 138 ports, and has held more th an 60 joint military drills with foreign navies over the 70 years, according to Qiu. Since 2008, the navy has sent 32 escort fleets, 103 vessels, 69 helicopters and more than 27,000 officers and soldiers to escor t over 6,600 vessels, more than a half of which were foreign merchant ships, he added. Since 2010, the naval hospital ship Peace Ark has traveled toRead More →

At least two people were killed after an aircraft of Summit Air collided with a helico pter at Lukla Airport in Nepal on Sunday morning, according to local authorities. Locals said a Summit Air plane with call sign 9N-AMH collided with a helicopter of Manang Air, which was parked within the airport premise. “At least two persons have been dead, while few others are injured,” local media rep orted. It has been reported that the Summir Air plane was en route to Kathmandu from Lukla. The detail of casualties has yet to be ascertained. Lukla airport is the nearest airport to the world’s highest peakRead More →

mbassy in 2012, it was to avoid answering the sexual allegations against him in Sweden, which had sought his extraditi on for questioning. He also sought refuge because of fears he would ultimately be extradited to the US Swedish prosecutors opened an investigation into Assange af ter two women accused him of sexual offenses during a 2010 visit to Sweden. Some of the sexual misconduct accusations are no longer viable because their time ran out. But Swedish prosecutors have said a rape case could be reactivated before the statute of limitations ends in August 2020. After Assange’s arrest, Swedish prosecutor Eva-Marie Persson was tapped toRead More →

k hole image, two earlier detections of gravitational waves from black hole mergers also were products of international collaboration. In February 2016, the Laser Interferometer Gravitational-Wave Observatory in the United States announ ced the first observation of gravitational waves generated by a black hole merger. The following June, it annou nced the second detection of a gravitational wave event from colliding black holes. Wu said Tianqin has potential for even greater discoveries. “LIGO used interferometers on the ground with an arm length of 4 km. But with satellites, the arm length will increas e to 170,000 km. So the space-based probes (enabled by Tianqin) willRead More →

China’s consumer price index (CPI), a main gauge of inflation, rose 2.3 p ercent year-on-year in March, the National Bureau of Statistics (NBS) said Thursday. The increase was up from 1.5 percent in February. Food prices climbed 4.1 percent year-on-year in March, up from 0.7 perc ent in February, yet on a month-on-month basis food prices went down 0.9 percent, the NBS said. Due to low vegetable yields in spring and cold rainy weather, prices of fresh vegetables posted a fast growth of 16.2 perce nt year-on year in March, contributing 0.42 percentage points to the year-on-year CPI growth. The growth of the pork priceRead More →