We simply do not have the luxury of weeks of navel

l gazing or days and days of whittling candidates down to the fi

nal two,” Brokenshire said in a speech at the Policy Exchange, a center-right think tank.

Elder statesman and former chancellor of the exchequer Ken Clarke said on BBC Radio 4’s Today program that the contest ha

d become a “shambles”and was “in danger of becoming a rather tragic farce, unless some order is brought into it”.

Hopefuls have been seeking high-profile endorsements and unveiling policy proposals ahead of May’s resignation on Friday.

Former foreign secretary Boris Johnson, who is seen by many as a fron

trunner, got a thumbs-up from United States President Donald Trump on the weekend an

d was further boosted by Liz Truss, chief secretary to the Treasury, and Kwasi Kwarteng, the Brexit min

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Keeping with their “Wuhan spirit” and their June 2017″A

Astana consensus” on “not allowing differences to become disputes”, their “strategic guidanc

e” to their armed forces have ensured peace on their borders. This has prompted bilateral tra

de to finally cross its decade-long volume of $70-75 billion. For this year, China-India trade is set to cross $100 billion.

Likewise, China’s investments in India have witnessed a sharp upsur

ge from $688 million in 2016 to $5.6 billion last year. The United States’ decision to raise tariffs

on Chinese, as well as Indian, products is expected n Sino-Indian trade and invest

ment partnership. Critics may describe this as China’s tactical move triggered by its intensifying trade dispute w

ith the US. Yet there is no denying that the past two years have seen a marked shift in China-India relations.

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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 and are therefore in need of this risk management tool.

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“It looks like it’s going to be a big win for the Brexit

Party,” Farage told reporters in Southampton in southern E

ngland where vote tallies from across the southeast region were being collated.

“The intelligence I get is that the Brexit party is doing pretty well,” sa

id Farage, who headed one of the two Brexit campaigns in the 2016 referendum.

While May was forced to delay Brexit after agreeing a deal that the British parliament and much of her party reject

ed, the Labour Party has voiced both support for another referendum and a promise to honour the result of the 2016 vote.

The impact of such a severe election drubbing for the major parties is

unclear though potential successors to May are calling for a more decisive Brexit, while L

abour leader Jeremy Corbyn is under pressure to openly support another referendum.

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tinue to purchase China-made goods if there are no substitut

Research released by the International Monetary Fund on Friday showed that some of these tariffs hav

e been passed on to US consumers, while others have been absorbed by importers leading to lower profit margins.

US restrictions on high-tech exports to China will push up Washington’s trade deficit with China, an

d rising prices could also reverse the low inflation in the US. Meanwhile, any speculative trading on the

Chinese currency amid its depreciation pressure will “inevitably suffer from a huge loss”, Guo said in his speech.

To eliminate bad outcomes from trade tensions, further opening-up in China’s services sec

tor, together with high-tech development supported by artificial intelligence, will help lift Chinese eco

nomic growth from 6.3 percent to around 7 percent by 2035, said Zhu Min, a former deputy managing director at the IMF.

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ombat Hero. When he retired from the PLA, Zhang chose to

ork in the poverty-stricken mountainous areas in Laifeng, a remote county in Hubei province. He dedicated his life to the p

eople, holding posts ranging from community-level government official to deputy manager of a local bank.

His political beliefs as a Party member supported him during the war period and in serving th

e people in peacetime, with indifference to fame and wealth, Zhang told Xinhua News Agency. He said he has been

fulfilling the oath that he had sworn when joining the Party, and that he doesn’t deserve special recognition for his a

chievements, since what he did was negligible compared with those who sacrificed their lives in the war. His left leg

was amputated seven years ago because of an illness, but Zhang stood up again on his prosthesis.

He said he doesn’t want to be a burden for others, and wants his children to work wholeheartedly for the Party and the people.

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he familiar discrediting of China’s policy toward the

 Uygurs in the Xinjiang Uygur autonomous region.

Which in itself is a worrying development since it may be the start of the US using the domestic affa

irs of other countries as a pretext to stifle the growth of foreign competitors to US companies.

Washington, of course, is trying to put the US on the high moral ground while embedding

its trade frictions with other countries into its political agenda and using its economic policy for its foreign policy aims.

In this way, it is hoping to achieve the colonization of the global

business world, allegedly under the banners of human rights, freedom and democracy.

If Washington really cared about the human rights situation in X

injiang, it would by no means ignore the development of the region. Over the past four

decades, the regions’ economy has increased more than 250 times, and the well-being of the Uygur people h

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If those in Washington wonder why their European allies

re reluctant to answer their calls for excluding Huawei from their 5G networks, Ren had an answer: “For every base station

site, Huawei can save the Europeans 10,000 euros ($11,192). Instead of following the US, they have communicated with us closely”.

Huawei is not ZTE. And is unlikely to become the kind of vulnera

ble hostage the latter has been. The US tactic will not work second time around.ice-Premier Han Z

heng, who is also a member of the Standing Committee of the Political Bureau of the Communist Party of China Ce

ntral Committee, meets with representatives of the Hong Kong Federation of Fujian Associations on Tuesday in

Vice-Premier Han Zheng said the central government supports the amendments to Hong Kong’

s extradition law proposed by the government of the special administrative region.

Han made the remark while meeting on Tuesday with more than

100 representatives from the Hong Kong Federation of Fujian Associations in Beijing.

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The US’ monetary hegemony is itself a big impedim

ment to the reindustrialization process, which could be viewed as a sort of financial Dutch disease-the apparent causal relationsh

ip between the increase in the economic development of a specific sector and a decline in other sectors. The more

heated the US stock market gets, the more serious the Dutch disease will become. And, ironically, the US leader is k

een on strengthening the stock market to showcase his political and economic track record.

Besides, the US administration cannot launch large-scale infrastructure construction projects, significantly red

uce the trade deficit with China and deny Chinese investors access to its market all at the same time.

The US’ trade deficit stems from its extremely low national saving

s rate and has to be compensated by other countries’ national savings, which in turn

adds to the trade deficit. On the other hand, China’s efficiency in the manufacturing industry mak

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ei Jianguo, a former vice-minister of commerce, said US bus

inesses and consumers will pay the cost amid hefty levies, which will eventually add significant pressure on the US economy.

The US government’s moves risk sparking a full-blown trade

war with China, and China is fully prepared for any possibility, Wei said.

Economists at Goldman Sachs said in a research note that recent data showed the costs of Washington’s tariffs on China last year

had fallen “entirely” on US businesses and households, with no clear reduction in prices charged by Chinese exporters.

The bank said that US consumer prices are higher, partly because Chinese exporters have not low

ered their prices to better compete in the US market. In addition, some US producers “op

portunistically” increased prices in response to protection from Chinese competitors, it said.

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