Eight-story building standing in middle of road demolished

eijing-Shanghai High-Speed Railway Co Ltd, a subsidiary of China Railway, has kicked off its plan to go public in the A-share market.

China Securities Regulatory Commission listed the guidance form for public listing of Beijin

g-Shanghai High-Speed Railway on Tuesday on its website, signaling the company has formally entered the listing process.

According to an interview with CCTV, the spokesperson from China Railway said going p

ublic was a significant step in the State-owned enterprise’s shareholding reform.

“It was also an action to push forward the mixed ownership econo

my and optimize the railway enterprises’ capital structure,” the spokesperson said.

The spokesperson said the company is expected to complete pre-listing tutoring by the end of 2019.

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Hydrogen fuel cell vehicles, which are powered by electri

city produced by compressed hydrogen fed into fuel cells, are important in building a green ene

rgy future, as they are generally considered zero-emission and clean, according to Hu.

Such vehicles have long cruising ranges and can be refueled within three to five minutes.

In addition, the performance of fuel cell vehicles is not greatly affected by the change o

f seasons, he said, referring to winter’s adverse effect on the life of lithium batteries.

In recent years, the company has made moves to advance in the field, as bo

th the central and local governments are eyeing the potential of hydrogen fuel cells to upg

rade the manufacturing industry, and to achieve green and sustainable development.

China had around 1,200 fuel cell vehicles on its roads and fewer than 20 hydr

ogen fuel stations by the end of 2017, ranking behind the United States, Japan, Ge

rmany and South Korea, according to the International Hydrogen Fuel Cell Association.

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Xuelong’s northward route had been repeatedly revised

  and thus successfully averted gales and huge waves as high as 8 meters, according to the weatherman aboard the ship, Wang Lei.

  For example, with no ice areas in Prydz Bay to shelter the ship, Xuelong had to de

part from Zhongshan one day earlier than scheduled in order not be blocked by a whole gale and huge waves. After

leaving the bay, it was first headed northwest to the marine-based west Antarctic ice sheet.

  ”Then a strong cyclone is moving to us and its resulting waves will block our way to north,” Wang said.

  Due to the weather, Xuelong chose to sail westward at the edge of the westerlies to reach a haven area between two moving

cyclones, where it had spent two days before huge waves again blocked its way northward.

  ”After that, Xuelong had spent about 20 hours in waters east to the Kerguelan Is

lands in order to stay away from the winds and waves on Wednesday,” Shen said.

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When he addressed the UN General Assembly in 2018

Trump claimed his administration had achieved “more than almost any administration in the history of the country” — and was met with open laughter.


National security adviser John Bolton, a former ambassador to the UN under President George W. Bush, was openly hosti

le toward the UN during his 2005 to 2006 tenure. The Trump administration has cut US contributions to the UN,

pulled out of several of UN organizations and opposed core UN-backed initiatives in

recent years, including the Paris Agreement on climate and the Iran nuclear deal.

Trump had wanted a woman to lead the US delegation at the United Nations, so

urces have told CNN. His original pick, Nauert, bowed out after it came to light tha

t she had employed a nanny who was legally present in the US, but wasn’t legally permitted to work.

The post, which had been a Cabinet level position under Haley, is widely expected to be downgraded.

Secretary of State Mike Pompeo had told aides he wanted the post downgra

ded after Haley leaves, an official familiar with his remark has told CNN. And Bolt

on has also been said to want the role downgraded, according to people familiar with his thinking.

The shift means Craft would wield less clout than her predecessor, both at the UN and within the administration, and as a r

esult, would pose nowhere near the challenge to Bolton or Pompeo.
This story has been updated.

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Pence channeled a forceful, direct Trump. Biden’s ove

  rnight flight hung heavily on himPence could have been better

prepared, had his spe

ech writer more carefully gauged his audience before the vice president stood behind the teleprompter.

  A hint at why came the day before, when Nancy Pelosi, Democratic Speaker

of the House of Representatives, was introd

uced to delegates to rapturous applause. That should have been a signal to Pence: he was among allies, not friends.

  Pence, clearly hoping for the same warm reception, was instead met with a

silent pause when he said he was bringing with him a greeting from Trump.

  Pence’s pitch was as Trump enforcer, hectoring the gathered NATO allies for underspending

and admonishing allies — the UK, Germany and France — for refusing to

follow the US out of the Iran nuclear deal.

  He hadn’t come to make friends and he didn’t.

  Joe Biden, who says he has yet to decide if he’ll challenge Trump in 2020, sold himself as the antithesis to Pence and his boss.

  ”The America I see values basic human decency, not snatching children from their parents or turning our back on refugees on the border.”

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Samsung said the cameras’ software on all the newphones is abl

  to faster identify what’s in the shot and make suggestions for better framing.

  The four models, which are available for pre-order on Thursday and hit starts on March 8, start at 128GB and go up in cost depending on s

torage size. The devices come in four colors in the US: black, white, blue and a pink inspired by t

he Pantone color of the year (Living Coral). More colors will be available globally.The S10 5G mod

el is the first mainstream device to run on lightning-fast 5G wireless networks later this year. The move could give Samsung a sig

nificant head start in early 5G markets, such as part of the US, South Korea and China, and pit itself as an inn

ovation leader. Apple isn’t expected to have a 5G iPhone until the final quarter of 2020.

  Of course, the 5G network is still in its infancy, which could limit the new device’s true potential.

  ”Some carriers have aggressive launch dates, but full-scale co

verage, like we currently have with 4G, is years away,” Ben Stan

ton at Canalys told CNN Business. “Cellular waves needed for 5G do not travel as far as with 4G and 3G, an

d it will take time for carriers to build a sufficiently dense network of infrastructure.”

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Pelosi urges members to back resolution terminating

  Speaker of the House Nancy Pelosi urged members of Congress on Wednesday to bac

k a resolution halting the national emergency declared by President Donald Trump to fund a border wall.

  Pelosi’s call to action comes as the White House plows ahead on transferring federal funds not contingent on Trump’s declara

tion toward building a wall along the southern border, despite already facing several lawsuits.

  ”I write to invite all Members of Congress to cosponsor Congressman Joaquin Castro’s priv

ileged resolution … to terminate this emergency declaration using the termination mechanism within the

National Emergencies Act,” the California Democrat wrote in a letter to her colleagues.

  ”All Members take an oath of office to support and defend the Constitution,” Pelosi added. “The P

resident’s decision to go outside the bounds of the law to try to get what he failed to achieve in the const

itutional legislative process violates the Constitution and must be terminated. We have a solemn responsibility to up

hold the Constitution, and defend our system of checks and balances against the President’s assault.”

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Second, capital outflow pressure has been gradually allevia

Since October 2018, emerging markets have once again gained favor from international capital.

In this context, the MSCI expansion of A shares and the inclusion of A shares into the FTSE Em

erging Markets Index will likely happen in 2019, with foreign investment attracted by such major international o

pportunities. Latest data showed that in the fourth quarter of 2018, net inflow of direct investment by overseas financial ins

titutions soared to $2.14 billion, marking the highest level since the third quarter of 2015. Thanks to the overseas investment inflow, China’s capital ou

tflow pressure is expected to continue to be eased in 2019, thus reducing the restraint on its monetary policy.

Third, the yuan’s exchange rate continued to return to its normal valuation. In the long

run, the yuan’s rate reflects changes in China’s economic fundamentals, with two-way fluctuations surrounding its eq

uilibrium exchange rate. In the third quarter of 2018, the effective exchange rate of the yuan was greatly lower than the equilibrium rate. I

n the fourth quarter, the yuan’s rate rebounded slightly, indicating the effective exchange rate had started to r

eturn to its equilibrium level. Due to the still existing gap between the effective rate and equilibrium rate, there is room

for the yuan’s rate to return to its valuation, conducive to further buffering of the external exchange rate risk.

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In short, thanks to changes in the internal and extern

al environment, China’s monetary policy is expected to sail out of the “reefs” in 2019, becoming more flexible in maintaining its prudent, neutral, and marginally loose stance.

We believe that comprehensive and targeted cuts to reserve req

uirement ratios, reductions in open market rates, and increased use of targeted medium-term l

ending facility will become the main policy tools of China’s central bank in 2019. Only when extreme changes happen in the internal and external env

ironment (for example, the Chinese economy fails to stabilize in the middle of 2019 and the Fed doesn’t raise interest rates),

will the possibility of lowering the benchmark deposit and lending interest rates rise significantly.
hina will take measures to help domestic soybe

an and corn farmers, while also seeking to expand imports of certain agricultural products that are considered in s

hortage through diversified channels, according to a central government guideline released on Tuesday.

The plan, came before a new round of trade negotiations between Chinese and US officials set fo

r Thursday and Friday, shows Chinese policymakers’ determination to be le

ss dependent on US agricultural imports such as soybeans even if a deal is likely to be reached, industry analysts said.

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Even if the 25-percent duties imposed on soybeans shipp

ed from the US are lifted as a result of upcoming bilateral trade talks and China’s decision to resume soybean imports, “the

percentage of US soybeans in China’s total imports could further dwindle in 2019″ as the nation looks for w

ays to avoid further escalation in the weakening economic relationship, Jiao said.

In 2018, China purchased 16.6 million tons of soybeans from the US, about half of 2017’s level of 32.9 million tons and the lowest since 2008

, Reuters reported. Meanwhile, the country is buying more soybeans from Brazil, Argentina and Russia.

In January, relevant departments issued a soybean “rejuvenation” plan, aiming to boos

t soybean cultivation in traditional planting areas including Northeast China, Cent

ral China’s Henan Province, East China’s Anhui and Shandong provinces and Southwest China’s Sichuan Province.

The plan also specified that China will allocate 10 million mu (666,666.7 hectares) of land for soybean planting in 2019.

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