Archive for ‘Uncategorized’

15/04/2019

China Focus: Nine years on, people in Yushu embrace new life after quake

YUSHU, Qinghai Province, April 14 (Xinhua) — Nine years after a catastrophic earthquake battered Yushu Tibetan Autonomous Prefecture, which killed thousands of people, new schools, hospitals and squares have mushroomed out of debris, and the locals are rebuilding their new life.

Lodru Gyatso, 16, lost his father in the magnitude-7.1 quake, which hit Yushu in northwest China’s Qinghai province on April 14, 2010 and left around 3,000 people dead or missing.

“I was reading books in school when the quake struck,” he said. “When I got back home, my brother told me our dad had been buried under the toppled house.”

Lodru Gyatso’s mother passed away when he was young. He was admitted to a local orphan school after the quake. The school is now home to more than 460 students, many of whom lost their parents in the disaster.

“After the earthquake, we have received many donations, which help to improve our infrastructure,” said Nyima Rigzin, headmaster of the school.

The school, humble with one-storey temporary houses, now has a classroom building, dormitory building, canteen and library.

Lodru Gyatso likes to make robots in the classroom equipped with a 3D-printer.

For 23-year-old Dawa Tsedin, takeout delivery is a bit boring. But it allows him to enjoy the beauty of Yushu’s new cityscape, which has sprung up from a remote, backward town to a modern city over the past nine years.

Dawa Tsedin chose to be a take-away food delivery man in Yushu after graduating from a vocational school in Xi’an, capital of neighboring Shaanxi Province.

He said he returned because he had seen great potential in takeout delivery in the city.

“In the past, I couldn’t believe that takeout delivery was available in Yushu,” he said. “Now as I pass by the landmarks such as the Gesar Square, I really feel that Yushu looks like a big city.”

New buildings with Tibetan characteristics, new business quarters and broad avenues have sprung up in the city, in sharp contrast to the scenes before the quake.

Cai Chengyong, the city’s Party chief, said Yushu has also been improving urban management and building a smart city with advanced technologies.

To date, the city has invested over six million yuan (about 895,000 U.S. dollars) to build an intelligent urban management network covering all streets and communities.

During reconstruction, Beijing has lent a hand, investing heavily in infrastructure construction and bringing talent of education, medicine, city planning and urban management.

Pei Zhifei, a veteran gynecologist from a hospital in Beijing, has been working in the Yushu Prefectural People’s Hospital since 2017, tutoring local doctors in complex surgeries.

“Now many critically ill patients get treated in Yushu,” said Pei. “And many patients from Sichuan and Tibet have come to our hospital seeking medical help.”

Official data show 163 experts from Beijing, including teachers and doctors, have worked in Yushu to assist the reconstruction.

In recent years, Yushu has received a growing number of tourists from home and abroad as it has listed tourism as a pillar industry.

Ashak Yumpon, director of Yushu prefecture tourism bureau, said the prefecture, home to the Hol Xil Nature Reserve and the headwaters of the Yangtze, Yellow and Lancang (Mekong) rivers, boasts abundant tourism resources.

“We will promote sustainable development of the tourism industry and build ourselves into an international tourism destination,” he said.

Source: Xinhua

15/04/2019

China, Japan hold 5th high-level economic dialogue

CHINA-BEIJING-JAPAN-HIGH-LEVEL ECONOMIC DIALOGUE (CN)

Chinese State Councilor and Foreign Minister Wang Yi co-chairs the fifth high-level economic dialogue between China and Japan with visiting Japanese Foreign Minister Taro Kono in Beijing, capital of China, April 14, 2019. (Xinhua/Li Tao)

BEIJING, April 14 (Xinhua) — Chinese State Councilor and Foreign Minister Wang Yi on Sunday co-chaired the fifth high-level economic dialogue between China and Japan with visiting Japanese Foreign Minister Taro Kono in Beijing.

Hailing that China-Japan relations has returned to the right track and yielded new achievements by the joint efforts of the two countries’ leaders and people of all social circles, Wang said the fourth high-level economic dialogue, which was restarted after an eight-year hiatus last April, facilitated policy communication and pragmatic cooperation effectively.

This year marks the 70th anniversary of the founding of the People’s Republic of China, while Japan will enter the new era “Reiwa”, Wang said, adding that the two countries should uphold the major consensus reached by the two countries’ leaders and jointly construct bilateral economic relations to meet the needs of the new era.

The two sides should make steady headway in promoting bilateral investments and trade cooperation, jointly build the Belt and Road, and actively explore third party market cooperation as well as local cooperation, Wang said.

He also called for consolidating the cooperation results in such areas as energy conservation and environment protection, science and technology innovation, high-end manufacturing, finance, sharing economy, medical care and elderly care industries.

Wang said that China and Japan should make joint efforts to promote trade and investment liberalization and facilitation, uphold a business environment of fairness, justice and non-discrimination, speed up negotiations on the Regional Comprehensive Economic Partnership and China-Japan-ROK free trade agreement, and safeguard multilateralism and free trade regime.

Kono said that economic cooperation has been an important foundation and driving force for Japan-China relations.

Facing a global situation of intense uncertainty, the two sides should jointly safeguard the multilateral trade mechanism based on rules, he said.

During the dialogue, senior foreign affairs and economic officials of both countries exchanged views and achieved a series of consensus on macroeconomic policies, bilateral economic cooperation and exchanges, regional economic integration, and global economic governance.

Before the dialogue, Wang and Kono jointly attended the opening ceremony of the “China-Japan Youth Exchange Promotion Year.”

Source: Xinhua

15/04/2019

How China’s swine fever outbreak is upending global soybean market

  • Getting rid of the disease in a nation that consumes half the world’s pork could take three to five years
  • Demand for soybeans used in feed is expected to be curbed
A decline or slower growth in Chinese soy imports has been forecast for the next couple of years. Photo: Reuters
A decline or slower growth in Chinese soy imports has been forecast for the next couple of years. Photo: Reuters
Forget Donald Trump’s trade war. It’s a deadly pig disease spreading through China that will really reshape the global soybean market for years to come.
Getting rid of the disease and rebuilding the herd in a nation that consumes half the world’s pork will take three to five years, curbing demand for soybeans used in feed, according to analysts.
Given China is the largest soybean importer and most of its shipments usually come from the US, the oilseed has been the poster-child for the tit-for-tat tariff spat. While trade tensions have prompted China’s feed makers to curb the oilseed’s usage, it is the pig virus that will upend the market.

The US Department of Agriculture and Intl FCStone are already forecasting a decline or slower growth in Chinese soy imports for the next couple of years.

“Today, African swine fever is the bigger story as it relates to demand,” said Corey Jorgenson, president of the grain unit of US crop handler The Andersons, which buys and sells corn, wheat and soybeans from American farmers. “It will impact us for a crop year or more. This is not a 2019 event.”

African swine fever, first spotted in Africa in the 1900s, kills most infected pigs within 10 days, although it isn’t known to harm humans. China has already culled more than a million pigs after 122 outbreaks in 30 provinces. The disease shows no signs of abating.

Cargill, one of the top agriculture commodity traders, said quarterly earnings from animal nutrition and Chinese oilseed crushing were hit by the virus. Andersons also has soybean demand destruction built into its projections.

Pork production in China probably will decline about 30 per cent this year, a drop roughly the size of Europe’s entire annual supply, according to Rabobank, a top lender to the agriculture industry.

Pork production in China is expected to drop about 30 per cent this year, according to Rabobank, a top lender to the agriculture industry. Photo: Bloomberg
Pork production in China is expected to drop about 30 per cent this year, according to Rabobank, a top lender to the agriculture industry. Photo: Bloomberg

The number of breeding sows in China already slumped 21 per cent in March from a year earlier, according to a report by the Ministry of Agriculture and Rural Affairs published on Friday.

The bank says it will take at least three years to rebuild the herd. Informa’s Agribusiness Intelligence is betting on three years, while brokerage FCStone expects at least five years.

China inflation soars on African swine fever epidemic
The structure of China’s pork industry makes it “nearly impossible” to stop the spread of African swine fever, said Arlan Suderman, chief commodities economist for FCStone.

That is because a large part of the production and slaughter is in small family-owned operations. Many farmers who had the disease and tried to repopulate their herds ended up getting it again, according to Informa.

“We are seeing that the Chinese hog producer today is not repopulating those facilities because either they are afraid they are going to get African swine fever from a neighbour or it is still in the building and they cannot get it cleaned,” said David Williams, director of global proteins at Informa.

Chinese soy imports dropped 14 per cent in the first quarter, partly as the trade war pushed feed makers to switch to alternatives.

Why are the little piggies no longer going to market in China’s Shandong?

While some fear that could be a permanent change, Jim Sutter, the chief executive of the US Soybean Export Council, says feed makers would return to using whatever is more economical when the trade war ends, and that includes soy.

Soybean imports by China are forecast to decline for the first time in 15 years to 88 million tonnes this season and FCStone says purchases could drop again to 71 million tonnes in 2019-20 due to the impact of African swine fever – the firm’s forecast also assumes the continuation of the tariff dispute.

Soybean imports by China are forecast to decline for the first time in 15 years to 88 million tonnes this season. Photo: Reuters
Soybean imports by China are forecast to decline for the first time in 15 years to 88 million tonnes this season. Photo: Reuters

The USDA’s Foreign Agriculture Service still expects imports to grow next season, albeit at a slower pace. They would remain below levels reached in 2017-18.

China is buying enough soybeans “that they don’t need to try to influence the trade talks”, said Suderman. “That is masking the drop in consumption right now, but that means they will have more soybeans in storage that they can use down the road as well, so eventually we will see that full drop in demand.”

Pork group scraps big trade event over African swine fever fears

It’s not all bad news for the soybean market. In the medium term, China will need to import more pork and other meats. As a result, American pork exports will probably jump 20 per cent this year, while European Union shipments could climb 10 to 15 per cent, Informa estimates.

All of that will require expansion of herds, boosting demand for soy meal and increasing crush margins for the likes of Archer-Daniels-Midland and Bunge.

Soybean-based feed for pigs was already becoming pricier before the swine virus outbreak, because of the trade war. Photo: AFP
Soybean-based feed for pigs was already becoming pricier before the swine virus outbreak, because of the trade war. Photo: AFP

China’s appetite for pork is already starting to pick up. The nation bought a record 77,700 tonnes of US supply in the week ended April 4, even as 25 per cent tariffs on American product remained in place, according to USDA data. The purchase sent Chicago futures up by the daily maximum allowed by the exchange.

The spread of the virus combined with China’s voracious appetite for pork means June hog futures are already up 21 per cent this year, the best performing agricultural benchmark in the Bloomberg Commodity Index.

China to expand soybean crop, subsidies to cut reliance on US imports

Pork prices are expected to rise by more than 20 per cent in the US this year and 15 per cent in western Europe, according to Informa forecasts.

“People are continuing to want to eat pork,” USSEC’s Sutter said in an interview after returning from a trip to China.

“They might in the short run be eating other meats because the price of pork has gone up. But people did not think when we asked them the question that there would be a long-term loss in demand for pork in China. People did not think that was the case.”

Source: SCMP

15/04/2019

What does the world’s largest single-building airport terminal look like?

The busiest airport in the world in terms of passenger numbers is in Atlanta, Georgia and no 2 is in Beijing, both with tens of millions more passengers every year than their nearest rivals.

So it might come as a surprise to hear that a new airport, set to open later this year, with what officials claim is the world’s largest terminal housed in a single building, is also in the Chinese capital.

This will give Beijing a breathtaking flight capacity, surpassing London’s six airports.

Until now the impressive structure has been under wraps but China Correspondent Stephen McDonell went along to have a look.

Source: The BBC

15/04/2019

India election 2019: Oldest voter explains why it’s important to vote

Millions of people across 20 states and union territories will cast their votes in 91 constituencies in the India elections.

One of them is 102-year-old Shyam Saran Negi who lives in Kalpa, deep in the Himalayas bordering China.

He has been voting since the first election in the country in 1951.

Source: The BBC

15/04/2019

India gold smuggling slowed by election seizures of cash, bullion

MUMBAI (Reuters) – India’s gold smugglers have slowed their operations over worries their shipments will be caught up in seizures of cash, bullion, booze and drugs that are aimed at controlling vote-buying in the country’s national elections, industry officials told Reuters.

In India, political parties and their supporters often offer money or goods in exchange for votes. The Election Commission, which monitors the polls, tries to prevent this by setting up highway checkpoints to seize cash, gold, liquor and other high-value items that candidates avoid mentioning in their expenses due to a cap on the amount they can spend.

Last month in Mumbai, in one of the biggest seizures since the current election was announced on March 10, the Directorate of Revenue Intelligence seized 107 kg of gold, worth about 300 million rupees ($4.3 million).

The slowdown in smuggling has boosted gold imports at banks in the world’s second-biggest buyer of the precious metal, allowing them to charge a premium over global prices.

“After a big seizure in Mumbai, smuggling has gone down drastically. Grey market operators don’t want to take the risk during the election period,” Anantha Padmanabhan, chairman of All India Gem and Jewellery Domestic Council (GJC) told Reuters.

India’s Election Commission as of April 14 has seized $365 million in cash, liquor, gold, drugs and other goods over the last month, more than double the $172 million confiscated in the last election cycle in 2014.

(GRAPHIC – Drugs, gold, cash, alcohol: The gifts that buy votes (JPG), tmsnrt.rs/2D7Z2w5)

The random checking of vehicles and seizures have made it nearly impossible for smugglers and other “grey market” operators to move cash and gold from one place to another, said the head of the bullion division at a Mumbai-based private bank.

Gold smuggling surged in India after the government raised the import duty to 10 percent in August 2013. Grey market operators – businesses that smuggle gold from overseas and sell it in cash to avoid the duties – got a further boost in 2017 when India imposed a 3 percent sales tax on bullion.

The grey market operators can sell gold at discounts to prevailing market prices as they evade paying the 13 percent tax, said Harshad Ajmera, a gold wholesaler in Kolkata.

But this week, even in the cash market, gold was sold at the market price, said Ashok Jain, proprietor of Mumbai-based gold wholesaler Chenaji Narsinghji.

Dealers were charging a premium of up to $2.50 an ounce over official domestic prices, the highest in nearly five months.

Up to 95 tonnes of gold was smuggled into India in 2018, according to the World Gold Council, although India’s Association of Gold Refineries and Mints and other industry bodies put the figure at more than twice that.

Election Commission rules makes it mandatory for people to show valid documentation if they are carrying more than 50,000 rupees ($722) in cash, or else it could be seized. This rule has been hurting the jewellery industry, especially in rural areas where more than half of gold is bought in cash.

The limit of 50,000 rupees is “too low for the jewellery industry” as even a small 20-gram (0.7-ounce) gold chain costs more than that, said Padmanabhan of GJC.
“Demand has fallen due to the cash restrictions. We have requested that the Election Commission raise the limit.”
Source: Reuters
15/04/2019

‘Not our views’: Supreme Court asks Rahul Gandhi to explain Rafale remark

BJP’s Meenakshi Lekhi had complaints to the Supreme Court that the words attributed by Rahul Gandhi to the Supreme Court in the Rafale case had been “made to appear something else”.

INDIA Updated: Apr 15, 2019 14:06 IST

HT Correspondent
HT Correspondent
New Delhi
Rahul Gandhi,Rafale,Rafale deal
Supreme Court will next hear the case on April 23(AFP file photo)
Congress president Rahul Gandhi has been told by the Supreme Court to explain his remarks during the Lok Sabha campaign where he attributed comments to the top court which had ruled on the admissibility of three sets of documents in the Rafale review petition.
The bench said Gandhi had incorrectly attributed “views, observations and findings” in the Rafale case to the top court. Gandhi has been given till next Monday to come up with his explanation. The court, however, has not issued a formal notice to him yet.
“We also make it clear that this court had no occasion to record any such views or make observations in as much as what was decided by this court was the legal admissibility of certain document to which objections were raised,” the bench headed by Chief Justice of India Rajan Gogoi said.
BJP lawmaker Meenakshi Lekhi had last week filed a contempt petition against the Congress president for his attacks on Prime Minister Narendra Modi that she said, “replaced his personal statement as Supreme Court’s order “ and tried to create prejudice.
Watch: ‘Chowkidar chor’ vs ‘SC’s contempt’: Rahul, Nirmala face off on Rafale order
‘Chowkidar chor’ vs ‘SC’s contempt’: Rahul, Nirmala face off on Rafale order
Defence Minister Nirmala Sitharaman slammed Congress president Rahul Gandhi over his remarks on Supreme Court’s decision related to Rafale documents

Gandhi, who was in Amethi to file his nomination papers, had reacted to this setback to the government, saying: “Now the Supreme Court has made it clear that ‘chowkidarji’ (watchman) has committed a theft… I want to directly challenge that the Supreme Court has stated that you have indulged in corruption.”

The BJP and its top leaders had taken umbrage at the Congress president’s remarks, accusing him of wildly exaggerating and misquoting the court’s observations and the context. Defence Minister Nirmala Sitharaman had said Rahul Gandhi’s statement was contempt of contempt of court and was the Congress’s attempt to “perpetrate their own lies”.

Her party later filed a formal complaint against Gandhi with the Election Commission, charging him of lying. The Congress party wants to “perpetrate their own lies”. She further added that Gandhi’s comments are not based on the facts.

In her petition before the Supreme Court, Meenakshi Lekhi had complained that “the words used and attributed by him (Gandhi) to the Supreme Court in the Rafale case has been made to appear something else. He is replacing his personal statement as Supreme Court’s order and trying to create prejudice.”

The government’s April 2015 decision to buy 36 Rafale warplanes has been at the heart of the Congress-led opposition campaign against Prime Minister Narendra Modi and the ruling BJP-led national coalition. The $8.7 billion government-to-government deal replaced the previous United Progressive Alliance (UPA) regime’s decision to buy 126 Rafale aircraft, 108 of which were to be made in India by state-owned Hindustan Aeronautics Ltd (HAL).

The deal has become controversial with the Opposition, led by the Congress, claiming that the price at which India is buying Rafale aircraft now is Rs 1,670 crore for each, three times the Rs 526 crore, the initial bid by the company when the UPA was trying to buy the aircraft. It has also claimed the previous deal included a technology transfer agreement with HAL. The NDA has not disclosed details of the price.

Source: Hindustan Times

13/04/2019

Political advisors propose stepping up cultivation of preschool teachers

CHINA-BEIJING-WANG YANG-CPPCC-MEETING (CN)

Wang Yang, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and chairman of the Chinese People’s Political Consultative Conference (CPPCC) National Committee, presides over a biweekly session on stepping up the cultivation of preschool teachers, in Beijing, capital of China, April 12, 2019. (Xinhua/Li Tao)

BEIJING, April 12 (Xinhua) — Chinese political advisors during a consultation session Friday offered proposals on stepping up the cultivation of preschool teachers.

The biweekly session held by the National Committee of the Chinese People’s Political Consultative Conference (CPPCC), China’s top political advisory body, was presided over by Wang Yang, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and chairman of the CPPCC National Committee.

Wang stressed the importance of stepping up the cultivation of preschool teachers, who assume the dual functions of child care and education and play an important role in promoting the healthy growth of children and sound development of preschool education.

While hailing achievements China has made in preschool education since the 18th National Congress of the CPC, political advisors at Friday’s event said preschool education is still a weak point in China’s education system. Its development remains unbalanced and inadequate and still lacks of quality preschool teachers as well as easily accessible, affordable kindergartens.

Some political advisors proposed that the government should fulfill its responsibility in promoting preschool education development, and meanwhile, give full play to the role of the market.

They called for a substantial increase of funds to be allocated by the government for preschool education as well as innovating the mechanism of funding for preschool education, and encouraging running of kindergartens with social resources.

China should increase the number of university students who are enrolled to free preschool education programs and foster more quality professional kindergarten teachers, according to the political advisors.

They said a system for preschool teachers to receive regular training should be established, and the systems governing their qualification, promotion and pay should be reformed, among the country’s efforts to create an atmosphere where preschool teachers are well respected.

They also called for stepping up legislation regarding preschool education, to provide legal guarantee for preschool teachers.

Source: Xinhua

13/04/2019

Chengdu attracts 22 overseas investment projects

CHENGDU, April 12 (Xinhua) — Chengdu, a major city in southwest China, showed its attraction to investors as it signed 22 investment contracts with overseas companies on Friday.

The investment projects involve manufacturing such as electronics, aviation, automobiles and equipment, and services including financing, logistics, elderly care and vocational training. The total value of these deals is around 3.39 billion U.S. dollars.

The signing foreign companies include Slovakian aircraft producer Aerospool, French company AREP with expertise in city planning and construction, Germany’s BMW, and U.S. firm Baxter.

Chengdu, capital of Sichuan Province, is a major economic powerhouse in China’s western region. The city has attracted investment projects from 285 of the world’s top 500 companies.

Source: Xinhua

13/04/2019

IOC awards Xinhua certificate in recognition of international news agency

(SP)CHINA-BEIJING-IOC-XINHUA NEWS AGENCY-CERTIFICATE

Anthony Edgar (L), chairman of the IOC Press Commission and director of the Media Operations Department, presents the certificate to Yan Wenbin, vice president of Xinhua News Agency, in Beijing, on April 12, 2019. The International Olympic Committee (IOC) officially awarded Xinhua News Agency a certificate in recognition of its status as an international news agency here on Friday. (Xinhua/Cao Can)

BEIJING, April 12 (Xinhua) — The International Olympic Committee (IOC) officially awarded Xinhua News Agency a certificate in recognition of its status as an international news agency here on Friday.

On behalf of IOC President Thomas Bach, Anthony Edgar, chairman of the IOC Press Commission and director of the Media Operations Department, presented the certificate to Yan Wenbin, vice president of Xinhua News Agency, at a ceremony held at Xinhua’s headquarters in Beijing.

Yan expressed appreciation to the IOC for its trust, saying Xinhua’s coverage of the Olympic Games has entered a new stage after becoming an international news agency recognized by the IOC.

“Xinhua will strengthen cooperation with the IOC more closely, report on the Olympic Movement more comprehensively, objectively and truthfully, and play a more important role in promoting the progress and development of the Olympic cause in China and the world,” said Yan.

Speaking at the handover ceremony, Edgar said that the IOC attaches great importance to Xinhua News Agency and has high expectations on Xinhua in promoting the Olympic Movement across the globe in the future.

“The designation of Xinhua as an IOC recognized international news agency is a recognition of the importance and global reach of Xinhua’s domestic, regional and global news and sports coverage. It is a recognition of the role Xinhua now plays – and will play in the future of producing the best possible coverage of the Olympic Games, the IOC and the Olympic Movement,” he said.

Source: Xinhua

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