These high net worth individuals each possess inve

Meanwhile, 79 percent of the Chinese high net worth individuals polled said they are optimistic about their inves

tment returns for the next six months, while the average number was 62 percent in the North Asian markets.

Despite the fact that the benchmark Shanghai Composite Index sh

ed nearly 24 percent in 2018, 67 percent of Chinese participants said they will increase their inv

estments in the stock market in the next six months, much higher than the 51 percent registered in North Asia on average.

UBS found that cash still makes up about 30 percent of the investmen

t portfolios of Chinese high net worth individuals, which is the lowest among all surveyed Asi

a-Pacific markets, and even lower than the global average of 32 percent. Although China’s number is relatively lo

w, it is comparatively one of the most significant parts of the investment portfolios of high net worth individuals.

www.vnynui.cn

The spike in trade tensions has already rattled financial

markets. The yuan has weakened by 2 percent to its lowest level since January.

“We expect stock markets and the yuan to remain under pressure in the near term, though they c

ould be supported by an expected stabilization in the domestic economy later this year,” Wu said.

Sheng Songcheng, the former director of the Survey and Statistics Department in the Peo

ple’s Bank of China, said the truth is that imposing more tariffs on Chinese goods has not yet reduced US trade deficits.

The long-lasting US trade deficits in goods was formed from the US

dollar’s international status, its domestic low deposit rate and the US position in the glo

bal value chain, and those factors cannot be changed by protectionist measures, Sheng said.

www.shlfsm.com

Learning to work together in an orderly, high trust lev

, and supported by diverse interest groups will prevent conflicts among stakeholders in the South China Sea,” Santarita said.

China is in the midst of implementing a host of reforms, which are focused on opening up its economy to foreign compet

ition and strengthening its private sector. They are needed to upgrade its industries and avoid the dreaded middle-income trap.

Many of these reforms are exactly what the United States is asking for in the trade negotiation

s, but China is actually pursuing these reforms primarily to achieve its own long-term internal economic goals.

He said Asia’s emphasis on “respect for authority, respect for the environm

ent and the discipline to control the use of resources” will also see Asian leaders purs

uing a more eco-friendly development path and honor their commitments to the Paris climate agreement.

“If there is harmony, discipline, stability and the primacy of family and com

munity over the individual, then any problem can be easily addressed,” Santarita said.

www.pldyjo.cn

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

First, what does “poverty” mean in China today? People

whose annual net income was less than 200 yuan ($30) were defined as living below the p

overty line in China in 1985. The line was raised to less than 2,300 yuan by 2011.

Second, how are policies designed to help the poorest people? Chinese policies aim to give the poor a roof over their heads, guarantee

food, clothing and basic medical services, and provide their children with nine years of compulsory education.

Funds and resources have been made available for agricultural subsidies and cheap loans to rural far

mers. Funds also went into rural revitalization, to integrate regional development and build infrast

ructure connecting villages to markets so that farmers could sell their products more easily. Villagers have been enco

uraged to be innovative, with incentives and loans for them to become self-employed and to set up micro-businesses.

Moreover, teams of officials have been traveling to faraway and isolated rural areas to help individual

s and families with individualized plans that target specific problems, such as whether there is ill

ness or disability in the household. In other words, China has not taken a “one-size-fits-all” approach for the tough cases.

sjhtjn.cn

China, Italy agree to expand legislative exchanges

ROME, March 22 — Visiting President Xi Jinping met with Italian Senate Speaker Maria Elisabetta Alberti

Casellati here Friday on expanding exchanges and cooperation between the two countries’ legislative institutions.

China and Italy have enjoyed a traditional friendship, with the ancient Silk Road closely linking the two peoples, Xi said.

Since they established diplomatic relations nearly 50 years ago, the China-Italy ties have seen healthy and stable devel

opment, and the two countries have become important partners who trust each other and work together, Xi said.

The visit is meant to consolidate the stability and strategic nature of the China-Ita

ly relations in the long term, and comprehensively elevate the level of their mutually beneficial cooperation, Xi said.

sh419ae.com

Mikaela Shiffrin extends record run as Marcel Hirscher hints

  She’s ski racing’s undoubted new queen, but Mikaela Shiffrin finished the

slalom season in regal fashion with victory in the final race in Andorra.

  The 24-year-old clinched her 16th win of a record-breaking season

Saturday to take her tally to 59 World Cup titles overall.

  The victory was also her 40th slalom win to equal the record of Swedish great

Ingemar Stenmark, who heads the all-time list with 86 World Cup wins.

  Overall champion Shiffrin, who topped the slalom standings from Slovakia’s P

etra Vlhova and Swiss Wendy Holdener,

is hot favorite to clinch the giant slalom crystal globe Sunday.

  The American has a 97-point lead over Vlhova, with 100 points available to the winner in Andorra.

  Shiffrin, who passed Vreni Schneider’s mark of 14 wins in a season

earlier this month, could become the first skier — mal

e or female — to win the World Cup title in overall, slalom, giant slalom and the

faster super-G discipline in the same season.

  She secured a third straight World Cup overall crown earlier this season and first super-G c

rystal globe to add to a fourth consecutive slalom world title in Sweden last month. She also won super-G gold in Are.

changjiucf.cn

They of course are the same model of 737 MAX 8 planes,” but G

  It added that a passenger information center and hotline “will be available shortly for family or friends of those who may have been on flight.”

  The Ethiopian government expressed its “deepest condolences to the families,” the office of

Prime Minister Abiy Ahmed, who first broke the news of the crash, said on Twitter.

  The Office of the PM, on behalf of the Government and people of E

thiopia, would like to express it’s deepest condolences to the families of those that hav

e lost their loved ones on Ethiopian Airlines Boeing 737 on regular scheduled flight to Nairobi, Kenya this morning.

  — Office of the Prime Minister – Ethiopia (@PMEthiopia) March 10, 2019

  Ethiopian Airlines has gained the reputation of being one of the best airlines in

Africa. It has a good safety record and the newest fleet of planes on the African continent, according to its website.

  ”Ethiopian Airlines is a very, very well-run airline,” said CNN anchor Richard Quest, who specializes in aviation. “There i

s no safety issue on Ethiopian. They’ve made it their business to be the African airline that operates like a western airline.”

www.hebeishengxin.cn

Modi’s visit to disputed region imperils thaw in ties

Recently, China and India were engaged in a jagged excha

nge of words over Modi’s visit to South Tibet, a mountainous region under substantial dispute b

etween the two Asian giants. Although China’s stance on the boundary issue is cons

istent and crystal-clear that it has never recognized the so-called “A

runachal Pradesh” and is firmly opposed to any Indian leaders’ presence there, it was Modi who has repeatedly touched the raw nerve.

Such exchange – though it has happened in the past during China’s Spring Festivals in February 2015 and February 2018 – is p

articularly noteworthy: Modi’s latest visit followed the in

formal leadership summit in Wuhan in April 2018 which was widely seen as the key effort

from both sides to improve diplomatic ties and rebuild trust since the 73-day-long armed standoff in Doklam.

Such actions by Modi would inevitably affect the progress

ade by both sides, further complicating the boundary issue and exacerbating mutual suspicion.

Modi’s recent presence in South Tibet was largely driven b

y electoral considerations, aimed at mobilizing support for Bharatiya Janata Party (BJP) ahe

ad of the general elections, which are due in India in April and May 2019 to constitute the 17th Lok Sabha.

shlfsm.com

Apple revoked the FB certificate; Huawei and Qualcomm

Huawei and Qualcomm settle temporarily: Huawei pays Qualcomm $150 million Quarterly

According to foreign media reports, Qualcomm said Huawei had signed a short-term aut

horization agreement with Qualcomm. In a conference call with analysts on the company’s financial perf

ormance, Qualcomm Chief Financial Officer George Davis said Huawei would pay Qualcomm $150 million a quarter. The

deal, which was concluded by Qualcomm in the first quarter ending December 30, will last until June 30.

Qualcomm probably wants to concentrate on Apple’s patent war.

Collection of Five Blessings: Occupy Your Blessing, Must Have Houfu and Other Hot Words

This year Alipay’s new “flower card” and “lucky card” set off a new round of upsurge. In order to get friends’ flower car

ds or professional dedication, netizens are also wits and wits. Some netizens have also coined such new wor

ds as “Zhan you fu”, “You must have later fu”, “scrapi

ng card type poverty alleviation” and so on, which are called “Ji Wufu slang”.

One meal was as fierce as a tiger, with a New Year’s Eve score of 0.5.

Apple revoked Facebook’s iOS Enterprise D

www.ovldix.cn