Wu Hongwei, a researcher of China-Russia relation

s at the Chinese Academy of Social Sciences, said bilateral cooperation plays a prominent role in guaranteeing world peace and security at a time when the global situation is clouded by tensions and turmoil. The two countries share the same position in promoting a more stable and multipolar world, Wu said, adding that they ha ve sent such signals through supporting and coordinating with each other on international occasions. China would rather rely on market-oriented forces to determine the renminbi’s value than defend its currency by di pping into its $3 trillion foreign exchange reserves amid trade disagreements, analysts said. …

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He said it does no one any favors to delink over poss

ssible national security concerns. Fair engagement across technologies is a better way to secure national security than delinking. “The cost of decoupling will be very high for both economies,” he said. “Engage ment in a fair competition with common rules is a far better outcome than decoupling.” If there has to be some “decoupling” due to “valid national security conc erns” in both countries, that should be kept to a minimum and not exaggerated, he said. “Normal commerce is in the interest of both of our countries. And we should pursue it vigorously,” he added. Allen also said members of …

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Accelerating the opening up of China’s commodity futu

ures market will help foreign investors optimize their renminbi-denominated asset portfolios as they can inc orporate investment targets of a wider variety, said Wang Tingting, an associate pro fessor of finance with the Central University of Finance and Economics in Beijing. “Moreover, as foreign investors’ trading helps boost liquidity in the domestic market and makes the price changes mor e consistent with international trends, domestic market participants can also better hedge against risks,” he said. Experts also expect China to open up the stock index futures market to foreign invest ors, as they have large exposure in the A-share market …

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The China-US trade disputes have significantly influe

enced the renminbi’s performance, said Wang Shengzu, co-head of Investment Strategy Group Asia Goldman Sachs. But the currency is unlikely to slip out of a reasonable range, assuming there is no big shock from the trade talks, Wang said. As a sound base for a stable renminbi, “the Chinese economy has shown sig ns of bouncing up, shown by the faster-than-expected growth of industrial output, ret ail sales, and credit in the first quarter, and this means that economic activity is improving with supportive pol icies”, said Wang.Liu Shiyu, China’s former top securities regulator, was under investigation for alleged violations …

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The number of its exhibits, ranging from train tickets an

d an unfinished self-knitted sweater to a wedding dress and a tie with a lipstick mark, has in creased by threefold to more than 200. All the objects are left behind from breakups and donated by the public. People seem to find closure for a broken relationship by donating souvenir s from former lover, Kang Shidong, owner of the museum, told Shanxi’s news portal sxrb .com. He said a young man brought a bracelet and spent a whole afternoon writing a note, elaborating his love story. Besides closure, what surprises Kang is that some visitors fell in love after coming …

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As a result, it is paramount to use new technologies and

international cooperation to jointly tackle these natural disaster risks, protect ecological security and achieve sustainable development,” Bai said. The academy will continue to collaborate with foreign partners to create new platform s and mechanisms to improve disaster management and ecological protection, he added. Mami Mizutori, head of the UN Office for Disaster Risk Reduction, said in a video speech that th e scale and reach of the world’s largest infrastructure initiative will impact billions of people and reshape the ph ysical world, and countries should be mindful of these projects’ impact on the environment and inhabitants. “It is encouraging that …

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ime Minister Mahathir Mohamad’s championing of Asian value

the ideal way to govern their countries.Lee and Mahathir maintained that i n Asia, social order and strong governance are keys to a stable and wealthy society. This type of governance succeeded in fostering rapid growth in Singap ore, Malaysia, South Korea and China. Santarita said strong Asian leaders are effe ctive because they serve their constituents and value mutual respect and discipline. Analysts said the Asian emphasis on community and harmony can help resolve some of the world’s most pressing intern ational issues such as territorial disputes, climate change and sustainable economic development. Santarita cited the current dispute over …

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More than 670,000 arrivals and departures will be m

e on average each day via the three ports of Luohu, Futian and Huanggang, which connect the Chinese mainland and Hong K ong, as well as at West Kowloon Station of the Guangzhou-Shenzhen-Hong Kong Express Rail Link, the NIA predicted. It expects that the Gongbei Port linking the mainland and Maca o will see an average of 435,000 inbound and outbound trips each day. The NIA has called on border check agencies to release timel y information of the passenger flow and ensure safe and orderly trips for tourists. The NIA also recommended that passeng ers check their travel documents …

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The development of winter sports will help meet th

diversified needs of sports fans, which is conducive to soci al and economic development. Notably, the General Admi nistration of Sport has issued a document emphasizing the importance of planning in the development of the winter sports industry. For instance, some departments have made efforts to optimize their resources by building m ore winter sports venues so they can encourage more people to take up winter sports. The Beijing municipal government and Hebei provincial gov ernment have worked out policies to encourage more scho ol students to play winter sports, and take part in winter sports events on campuses. ash001.cn

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Chinese-Bridge Proficiency Competition takes place in Namibia

The Confucius Institute at the University of Namibia (UNAM) Tuesday held the 18th Chin ese-Bridge Proficiency Competition for college students in the capital Windhoek. The annual Chinese language and culture proficiency competition this year saw 10 students take part in the Namibia leg. The competition was split into three categories, namely free speeches, question and answer segment as well as the talent show. At the event, 4th-year student Hileni Eelu at UNAM’s Hifekunye Pohamba Campus, situated in northern Namibia, emerged as the winner and will represent the country in the finals in China. Speaking at the event, UNAM’s Pro-Vice Chancellor …

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