Tag Archive 龙凤论坛

ina’s monetary policy to sail out of the ‘reefs’ and into

The year 2018 saw China’s monetary policy carefully sail through the “reefs,” as economic slowd

own and surging exchange rate risk left little room for adjustment. However, since the be

ginning of this year, major internal and external changes have broken the dilemma.

From the internal perspective, in January 2019, the “loose credit s

upply” saw improvement in terms of both volume and structure, barriers to implem

enting monetary policy removed, which is expected to guide the Chinese economy to stabilize in the first quarter.

First of all, China’s outstanding broad money supply, or M2, grew 8.4 percent year-on-year in January, while new yuan loans and social fina

ncing both soared to historic monthly highs at 3.23 trillion yuan ($478 billion) and 4.64 trillion yu

an, respectively. The figures showed that “loose fiscal policy” has had a positive effect on credit supply to the pri

vate sector, thus pushing up the growth rate for total social financing. It is expected that in the first quarter of 2019, wi

th the gradual implementation of “loose fiscal policy,” the volume of “loose credit supply” will remain at a high level.

sh419jj.com

The post by the Sina Weibo blogger claimed that one of Zha

i’s papers published in an academic journal, was uploaded to CNKI and the similarity score for the 2,783-word article was 40.4 percent.

Another post by the same blogger claimed that Zhai’s doctoral graduation dissertation

could not be found in the CNKI database, while all the graduation dissertations written by his classmates could be found there.

The posts stirred a heated debate among netizens, with many saying academic misconduct

was unfair to students who had worked hard to obtain a degree. They have called for strict rules to curb such behavior.

“For someone with a PhD, how could he not know what the CNKI is? And how could he have never used it for referencing academic works?” one netizen wrote.

“I was only joking when I said that I did not know what CNKI was,” Zhai wrote in response

to the post. “Will anyone believe me if I said that I do not know one plus one equals two?”

Zhai’s studio said on Friday that he obtained a PhD from the Beijing Film Academ

y in June, and all his academic papers and his dissertation were written by him under the guidance of supervisors.

He has met all graduation requirements from the academy and is willing to be held responsible for any academic misconduct, the studio said.

Peking University declined to comment when contacted by China Daily on Monday.

www.a3o5.cn

sq m, Tiantongyuan includes five major communities with

subdistricts that were built in 2000. In the first three years of the century, the population quickly rose to more than 100,000.

The family of Beijing native Du Bo moved to Tiantongyuan in 2005 because at 5,600 yuan per sq m the area was still relatively cheap.

“Our old home in Haidian district was scheduled for urgent demolition, so we had to find another place to live,” the 26-year-old said.

Though the family would have preferred an apartment in the downtown, Du’s parents could not afford

to move to such an expensive area. The urgency of the situation meant the family of four, which included his grandfather, had no alt

ernative but to move to the 120-sq-m, three-bedroom apartment in Tiantongyuan.

“Dirty” and “chaotic” were Du’s first impressions of the neighborhood. Unlicensed traders bloc

ked the roads, meaning people could not park their cars, and feral cats and dogs often ap

peared on the streets. As a result, some people simply bought apartments to rent to tenants.

Du said he has heard that in a building near his tower block, one bedroom can accommodate eight people. “It’s like a dormitory at college,” he said.

ypidv.cn

The fourth opportunity is the Belt and Road Initiative, Liu

said. In 2018, trade in goods between China and countries within the re

gion covered by the BRI stood at $1.3 trillion, a 16.3 percent increase year-on-year. It w

as 3.7 percentage points higher than the growth rate of China’s overall external trade.

More than 13,000 China Railway Express trains have traveled along the BRI routes to date, l

inking cities in China with 49 cities in 15 European countries, including London, he added.

Rona Fairhead, the UK’s minister of state for trade and export promotion, said trade be

tween the two countries is worth more than 66 billion pounds ($86 billion) annually.

“UK exports to China continue to go from strength to strength,” she said. “In this n

ew year, I very much look forward to continuing our close level of engagement w

ith China. It is clear that there is still untapped demand for British goods and services in the Chinese market.”

www.qe86w.cn

hina’s online payment platforms achieve record ‘red envelo

Digital transferring platforms run by China’s leading internet companies weathered mounting pressure from online transactions during the Chinese New Year c

elebrations with peak transfers reaching as high as 44,000 deals per second, domestic media reported on Tuesday.

As of late Monday, “red envelopes” worth 3.5 billion yuan was transacted through social media payment systems, according to Chinese media reports.

Sending “red envelops” stuffed with money through online payment tools to relative

s, co-workers and friends has become a new defining item for billions of Chinese during the Spring Festival.

The record occurred three seconds past midnight – the New Year’s Eve leading up to the Year

of Pig, Nets Union Clearing Corporation (NUCC) said, according to a report by chinanews.com on Tuesday.

The NUCC was founded by 45 shareholders, including 38 payment institutions, to en

sure  effective regulation and transaction security. The People’s Bank of China, the country’s central bank, is the largest shareholder.

www.xiaovfuli.cn

Robert Aspell, president for Asia-Pacific of the US agricultural

nglomerate Cargill Inc, said the best way to solve trade issues is to talk to each other, communicating to find solutions.

“A large number of global companies have invested in China; it is a clear signal that Ch

ina is going to further open its markets, and many opportunities can be found in different sectors across the country,” he said.

Experts said the new progress, reached by collaborative efforts from both sides, can im

prove the outlook for both the US and Chinese economies and benefit the global economy and supply chain in 2019.

The Chinese and US economies are so inextricably intertwined that a blow to one would most li

kely make a dent in the other, too, said Bai Ming, deputy director at the International Market Institute of the

Beijing-based Chinese Academy of International Trade and Economic Cooperation.

This interdependence would exact far-reaching damage on the optimal resource allocation of both countries if trade tensions esc

alated, said Chen Wenling, chief economist at the China Center for Economic Exchanges. “The US needs C

hinese goods as much as China needs equipment and agricultural products from the US,” she said.

olkcim.cn

The collective goodwill of film and video game stocks “

n the red-hot atmosphere of the Spring Festival, the performance of film and video game companie

s in 2018 is all green. The performance forecast of A shares is more amazing than that of one. No o

ne expected that the biggest thunder so far came from a game company: Tian Shen Entertainment. On the evening of Ja

nuary 30, Tianshen Entertainment (002354, SZ), with a market value of only 4 billion yuan, announced that its per

formance in 2018 had changed its face. Its net profit is estimated to be between 7.3 billion yuan and 7.8 billion yua

n, and its preparation for impairment of goodwill alone will reach 4.9 billion yuan.

The mergers and acquisitions of video game companies are often light assets, and in the growth period, high goodwill has

become a common problem in the industry. According to the incomplete statistics of Choice data, Daily Economic N

ews reporter found that 16 A-share game listed companies, such as Tianshen Entertainment and Youjiu Game, had the

ir performance loss. More than 10 companies mentioned the impact of goodwill impairment, while 10 of them m

entioned the impact of goodwill impairment, and 7 of them mentioned the impact of goodwill impairment.

A securities dealer told reporters anonymously that after this round of ex

plosions, some companies are likely to become empty shells. At the close of Jan

uary 31, Tianshen Entertainment, Youjiu Game and Tianrun Number Entertainment all dropped to a halt.

gdpyhr.cn

The Central Bank of Myanmar declares the RM the offi

Yangon, January 30, Xinhua News Agency (Reporter Zhuang Beining Chehongliang) The Central Bank of My

anmar issued a circular on the 30th announcing the increase of RMB and Yen as official clearing currencies.

In the circular, the Central Bank of Myanmar said that in order to promote th

e development of international payment and settlement and border trade, it allowed the use of Renminbi and Ye

n as settlement currencies for international payments. Other institutions and individuals are not a

llowed to open accounts in Renminbi and Japanese yen, except banks that are licensed.

In an interview with Xinhua News Agency, a person in charge of the Central Ba

nk of Myanmar said that when RMB is included in the settlement currency, the pa

yment and settlement of Myanmar-China border trade will be more convenient.

www.uozyxg.cn

The team’s training team real Madrid team B, 0 to

  Beijing time tonight 19 points, the team’s training team at the invitation of real Madrid football club and real Madrid team B

for a friendly, ultimately the team’s training team to 4-0 defeat to real Madrid team B cassidy.

  At the invitation of real Madrid team’s training team at real Madrid for two days

of training and competition.Beijing time tonight 19 points, the team’s

second team training team play against real Madrid, this is also the zippers on Spain’s final warm-up ga

me, eventually the team’s training team to 4-0 defeat to real Madrid team B cassidy.

  The team‘s training team first grain of goal

  At this point the team’s training team in Spain’s warm-up match already all over, team coach has stay

ed back home in advance, then 4 days training team will arrange training and competition.As plan

ned, the players will go home New Year’s day on February 3rd, nearly four months of training for the time being.

  The team’s training record 11 warm-up game for 2-3-6, scoring 11 goals in total, and 20 goals.

fangzhenjiang.cn

Two aircraft soaring high machine?Expert: do not belon

Recently, some netizens took a Boeing 747 and airbus 747 suspected “chase” scene in the air.

t friend wondering: “this’ violent wind machine is really safe?Whether compliance?”

In view of the two planes are referred to as a “machine” video, north green news reporter consulted t

he civil aviation industry experts, experts said, the two planes are not in a level, different speeds are

not illegal.”This phenomenon is not uncommon, the plane is not intended to ‘scoring machine.If there is no special rou

te restrictions, the plane can choose cruising speed.Some working, choose hurry up;Some want to fuel efficient, cho

ose slowly.Like high-speed driving on the road, sometimes pick inside lane 120 kilometers per hour, some selected dep

arted at speeds of up to 100 kilometers, do not belong to deliberately ‘scoring machine.”

(North green news reporter Li tao Eunice li ya)

Both the high iron “racing”?China railway officer micro finally talked…

Recently, the revival of the back to Beijing, in Shanghai, suddenly catch up a har

mony behind, go hand in hand for two minutes.Then, Renaissance, decided to give each other a little color to see see,

changjiangjiaoxiang.cn