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f their aircraft, Boeing said they have “full confidence” in the safety of the 737 MAX, in a statement tweeted from their official account on Tuesday.
Boeing said they “understand” the decisions made by customers, but reiterated that “safety” remains their “number one” priority.
”The United States Federal Aviation Administration is not mandating any further action at this ti
me, and based on the information currently available, we do not have any basis to issue new guidance to operators,” the statement also
said.hile there is no evidence of a link between the incidents in Ethiopia and Indonesia, similarities between the tw
o have prompted some airlines to take extra safety precautions while both crash investigations are ongoing.
”Given in both air crashes, the aircrafts were newly deli
vered Boeing 737 MAX 8, and both accidents occurred during the take-off, they share certain simil
arities,” the Chinese aviation administration said in a statement Monday. It added that it would contact Boei
ng and the U.S. Federal Aviation Administration (FAA) to confirm “flight safety” issues before allowing the planes to fly again.
sformation from high-speed economic growth to high quality development, its econo
my has reached a period of significant strategic opportunity. By 2035, China is e
xpected to achieve socialist modernization with its per capita GDP reaching 35,000 int
ernational dollars in terms of purchasing power parity (PPP). While the United States reached that level in 198
8, Germany, France, the United Kingdom and Japan did so in 1998, 2001, 2003 and 2004, respectively.
But to realize that goal, China has to solve several significant long-term problems. First, it has to mai
ntain high total factor productivity (TFP), which at present is only 43 percent that of the US, whereas whe
n the main developed countries achieved economic modernization, their TFP was about 78 percent that of the US. To in
crease its TFP in the following years, therefore, China should expedite systemic reform in order to let the mar
ket play a leading role in factor distribution and give full play to factor efficiency.
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.