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es it a large exporter of manufactured goods to the US and

Given that the US economy is driven by domestic demand, consumption in particular, instead of exports, a high rate of eco

nomic growth will widen the trade deficit, as it would have to import more products than it exports. In such a situa

tion, the implementation of large-scale infrastructure construction projects would further increase the trade deficit.

To make up for the increasing savings gap, the US needs to introduce and use more foreign ca

pital, which will further enlarge the trade deficit. Therefore, the US cannot simultaneously maintain a high g

rowth rate, invest massively in infrastructure, reduce the trade deficit and restrict the inflow of foreign capital.

What is really questionable is that, despite its contempt for over-regulation of the economy, the US administration has been tryi

ng to impose regulations on international trade, even for its trade partners’ domestic economic management.

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Asked whether China will retaliate by targeting certain US co

 companies, Lu said that as for foreign enterprises operating in Chi

na, there is no need for them to worry as long as their businesses are law-abiding.

S President Donald Trump issued an executive order on Wednesd

ay in which he declared a national economic emergency and banned the technology and

services of “foreign adversaries” deemed to pose “unacceptable risks” to US national security.

The US intention is so obvious that media outlets around the world have without exception interpr

eted this as targeting Huawei, by excluding the Chinese telecommunications giant from US networks.

Washington has repeatedly claimed that Huawei’s equipment poses a security threat, but for all the sound and fury, it sign

ifies nothing, as it has never produced any credible evidence, indeed any evidence at all.

9402267.org.cn

Compadrazgo, a Spanish word that literally translates to

co-fatherhood”, is based on a kinship ritual that is formed after a child gets baptized into the Roman Catholic faith.

For the predominantly Catholic and close-knit Philippine society, the go

dfather (known as the padrino) is part of one’s extended family and is expected to h

elp and protect his godchild. The godchild is expected to respect and be loyal to the padrino.

Bapakism is derived from the Indonesian word for “father”. When used

in Indonesian business, bapakism demands great respect and obedience to one’s supe

rior. The manager in his role as the company’s bapak is expected to look after and care for his employees.

Although Asian values are steeped in an ancient culture and tradition, it was

only in the 1990s that this concept drew global attention. This was partly due to Asian lead

ers like the late Singaporean prime minister Lee Kuan Yew’s and current Malaysian Pri

changhaisheng.cn

With the 1,000-day countdown celebration comes a ne

ew stage of preparation for the Games,” said Chen Jining, mayor of Beijin

g and executive president of the 2022 Winter Olympics Organizing Committee. “We will end

eavor to deliver a fantastic, extraordinary and excellent Olympic and Paralympic Winter Games.”

The 1,000-day countdown — launched near the iconic Bird’s Nest and the

Water Cube, both 2008 venues — underlined Beijing’s focus on sustainability in prepa

ring a second time for an Olympic extravaganza by reusing existing resources built for the Summer Games.

According to the 2022 Winter Olympics organizing committee, 11 of the 13 v

enues needed in Beijing’s downtown, where all ice sports will be staged, will use existing faciliti

es built for 2008. Repurposing projects, such as transforming the Water Cube (which hosted swimming in 2008) into a

curling arena by filling the pool with steel structures and making ice on the surface, are well underway.

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Horticultural exhibits delve into high-tech magic

The ongoing International Horticultural Exhibition 2019 in Beijing is all about gar

dening, but it doesn’t shy away from high technology that improves visitors’ experience.

To provide visitors with information services, ticket purchasing, parking, travel routes, introductions to scenic sp

ots, medical services, performance arrangements and traveling tips, a mobile phone app called Expo 2019 was developed.

It’s like having a tour guide at hand, said Guo Ziliang, an official at the Beijing World Horticultural Expo Coordination Bureau, the expo’s organizer.

“The app shows people how to conveniently and efficiently make their way through the park,” he said. “It also helps improve the park’s reception capacity.”

The 162-day expo, from April 29 to Oct 7, is expected to receive a total of 16 million visitors.

The app, available in bilingual versions-English and Chinese-can be downloaded for free from online app stores.

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The Conference on Dialogue of Asian Civilizations, whic

will be held later this month following the proposal of President Xi Jinping, demonstrates China’s deep thinking and resp

onsibility for promoting the development of civilization in Asia and the world. The conference will have great and

far-reaching significance to the construction of a community of shared future for mankind.

The history of humanity is one of the coexistence and joint development of multiple civilizations. In his article on excha

nges among civilizations and mutual learning, published by the Qiushi journal on May 1, Xi wrote that “civiliz

ation becomes colorful because of exchanges, and abundant because of mutual learning”. He urged nations to “seek wisd

om, absorb nutrition from different civilizations, provide the people with spiritual support and comfort for thei

r soul, and join hands to resolve common challenges of various kinds confronting human beings”.

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Kim Jong-un supervises test of new tactical guided weapon

Kim Jong-un, top leader of the Democratic People’s Republic of Korea (DPRK) supervised the

test-fire of a new tactical guided weapon, state media Korean Central News Agency (KCNA) reported on Thursday.

Kim “supervised and guided a test-fire of a new-type tactical guided weapon cond

ucted by the Academy of Defense Science on Wednesday,” the KCNA reported.

The design indexes of the weapon, with advantages of “the p

eculiar mode of guiding flight and the load of a powerful warhead,” were “perfectly verified at the test-fire con

ducted in various modes of firing at different targets,” the report said, giving no details of the weapon.

“Tactical” implies a short distance weapon instead of a long-range ballistic missile in military battles.

According to the report, Kim described the development as “an event of v

ery weighty significance in increasing the combat power of the People’s Army,” sayi

ng that the scientists and workers have done a great work in increasing the country’s capabilities of

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The World Economic Outlook noted that Chinese autho

orities have responded to the slowdown in 2018 by limiting the e

xtent of financial regulatory tightening, injecting liquidity through cu

ts in the reserve requirement ratio, and reducing personal income taxes and corporate value-added taxes.

The overall outlook for emerging Asian economies rem

ains favorable, with China’s growth projected to slow gradually towa

rd sustainable levels. It predicts the country’s growth will moderate to 6.1 percent in 2020.

“China’s growth is set to stabilize,” said Cheng Shi, chief economist at ICBC International.

“As China increased its growth stabilization policy efforts, its economy has shown sig

ns of stability in the first quarter and may further consolidate in the second,” Cheng told China Daily.

China’s business activity revived and beat market expectations

in March, with the manufacturing purchasing managers index return-ing into expansion territory aft

er three months of contraction, according to the National Bureau of Statistics.

uozyxg.cn

No other country in the world has managed to impr

e the living conditions of so many people over such a relatively short period.How did China do it?

In 1978, the leadership embarked on reform and opening-up to take the country forward. “Poverty is not socialism,” late

leader Deng Xiaoping once said, and the country has since followed a comprehensive approach to fight poverty.

The gradual opening-up of the economy to external investments for exp

ort production provided vast numbers of jobs for people from rural villages. These work

ers gained new skills and sent money home. The government constructed transportation, logistics and communication net

works that made China the “factory of the world”. This part of the story is probably the best known outside China.

What should not be overlooked is not only China’s unswerving attention to poverty eradication over

the decades, but also its host of less well-known, complementary policies to improve the well-being of the poor. Examining those p

olicies shows the true magnitude of China’s efforts and achievements in that regard.

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Initially, it was not easy for the Jiangsu teachers

udents’ trust. Upon arrival, they were not only faced with the high altitude and thin

ner atmosphere, but also naughty students with a low level of basic knowledge.

Wang Qiming, a history teacher from Huai’an city, Jiangsu, said he experienced some friction when he taught his first class in 2015.

“The students knew less than those in Jiangsu. They didn’t behave well in class or listen to me, so if the situation had not been

handled carefully-if I had become impatient or irritated-the tension could have been harmful,” he said.

Wang decided to proceed slowly and adjust his schedule to match t

he students’ poor skills. He quickly realized that even the seniors sometimes acted like young chi

ldren and needed coaxing and incentives, which many local teachers overlooked.

“Many local teachers have problems. For example, when they teach a class, they may think th

at they have taught a lot at a slow pace with enough detail, and they get annoyed if students don’t remember. In

fact, you should give the children time to digest, sparing five minutes in each class to help them review the work,” he said.

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