tariffs by the US on solar imports, as well as the country’s anti

dumping and anti-subsidy measures, have largely reduced China’s export to the country.

Photovoltaic modules export to India also slumped 24.4 percent to 1.81 GW in the first quarter, as the Indian government ordere

d that all photovoltaic modules for government and central public utilities projects should be 100 percent India-made.

China’s top five photovoltaic modules exporters in value in the first quarter were Jinko Solar, J

A Solar, Trina Solar, Canadian Solar, and Longi, taking up 12.8, 8.6, 8.3, 7.4, and 6.7 percent, resp

ectively, of total export value. Export volume of the top 12 exporters took up 65 percent of total export, added the report.

The report projected that China’s photovoltaic modules capacity will furth

er expand 8.5 percent to 83 GW this year, with nearly 50 GW exported to the overseas market.

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My grandfather once told my father that we are descendan

According to locals like Ahmat, the Lop Nur people fished for food in the area famous for the

vast Lop Nur lake, where historically the Tarim River ended. The lake dried up not long after the water in the

river had gone. As such, many fishermen packed away their rods and instead pursued herding and farming.

“When I was a child, I never ate fish. Nor did I ever see my grandfather or father go fishing,” says Ahmat.

When the ‘black storms’ struck, I could see nothing, and the shee

p couldn’t find their way home,” he recalled of the sandstorms in the old days.

“Nothing could be seen when a black storm hit, and nothing was left after the sto

rm,” says Wang Jianben, 74, who lives on a farm some 100 km away from Ahmat’s village.

“Most of the crops would be blown away, and the farmers had to replant the crops three to four times in a single spring.”

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ery likely so. Only things may not go the way Wash

If they wanted a replay of what happened to ZTE, a Chinese company which relies heavily on outsider

technologies, they may never see it. Because Huawei is a dramatically different kind of business.

The Plan B Huawei has just revealed — a series of self-developed chips — is only part of what makes it an enterprise of strategic insight, and hence resilience. Over

time, that insight has rewarded it with a viable biosphere that its founder Ren Zhengfei believes will enable it to weat

her the storm. “Our growth may drop a bit in the wake of US restrictions, but negative growth is impossible,” said a confident Ren during a Tuesday inter

view with Chinese media, adding that Huawei has cultivated longstanding trust with industry partners.

That may be why, even after Google barred Huawei from some Android featur

es, Ren spoke highly of the Silicon Valley giant, praising it as a “good company”. That may

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More comprehensive and well-targeted policy respon

ses are needed to tackle the current growth slowdown,” Elliot Harris, UN chief economist and assi

stant secretary-general for economic development, said Tuesday at a news conference. “It is increasingly clear that policies to pro

mote sustainable development will need to look beyond GDP growth and identify new and more robust measures of

economic performance that appropriately reflect the costs of inequality, insecurity and climate change.”

In response to slowing growth and subdued inflation, major central banks have eased their monetary policy stances. The recent mo

netary policy shifts have helped to stabilize global financial markets and capital flows to emerging economies.

However, the report cautions that a more protracted period of monetary accommodation could exacerbate fina

ncial imbalances, including further fueling debt accumulation and raising medium-term risks to financial stability.

chengduyidong.cn

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Faced with deep-rooted structural weakness, several large

eral large developing countries are struggling to recover from recessions or remain trapped on a low growth path.

The report highlights that per capita income growth in several parts of Africa, western Asia, L

atin America and the Caribbean is expected to remain very weak in the outlook period. That poses ad

ditional challenges for the Sustainable Development Goals, including the goal to universally eradicate poverty by 2030.

The report further notes that while poverty remains predominantly

rural, further progress on poverty-reduction also hinges on the effective management of o

ngoing urbanization. That is particularly relevant for Africa and South Asia, the two regions with the highest num

ber of people in poverty, which are expected to experience the most rapid pace of urbanization in the next two decades.

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China home to over 200 unicornsReportcial Services Grou

China in 2018 had 202 unicorns valued at a combined total of $744.6 billion, according to a Greatwall Strategy Consultants report.

A unicorn is a privately held startup valued at more than $1 billion.

Seven of the companies are considered super unicorns – companies valued at more than $10 billion, the report said.

They are Ant Financial ($150 billion), Bytedance ($75 billion), Didi Chuxing ($60 bi

llion), Kuaishou ($20 billion), JD Digits ($20 billion), Cainiao ($20 billion) and Bitmain ($14.5 billion).

China’s unicorns come from 22 industries, with e-commerce, smart logis

tics, new entertainment, artificial intelligence, and new energy and smart vehicles the top five sectors.

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According to the news portal Chinanews.com, Xie Diao and

d Zhou Kaixuan had known each other for many years and shared the same dormitory when they were in high school in C

hongqing. Both did well in their studies. After graduating from high school, Xie Diao went to Xidian Uni

versity, while Zhou Kaixuan was also admitted to Sichuan University, but soon dropped out of school. Xi’an Jiaotong Uni

versity later admitted Zhou in the second year. However, because of his addiction to games, he couldn’t continue hi

s studies. By that time, Xie had become a postgraduate in the Chinese Academy of Sciences.

After graduation, Zhou experienced frustration in finding a job and failed the civil service

exam. According to the report quoting Xie Zhonghua, Xie Diao tried to comfort Zhou at a previous high sch

ool reunion, but they had a quarrel later during the role-playing game Werewolf.

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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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n the case before Mehta, Trump and his business orga

anization sued to block the subpoena issued in April to Mazars USA, an accountant for the president and Trump Orga

nization. Trump’s lawyers accused Democrats of harassing Trump and said the subpoena “has no legitimate legislative purpose.”

Trump’s lawyers, in suing in both Washington and New York in attempt to beat back congressiona

l subpoenas, said congressional investigations are legitimate only if there is legislation that might result from them.

In the New York case, Trump, his business and family have sued Deutsche Bank and Capital One to prevent the fi

nancial companies from complying with subpoenas from the House Financial Services Committee and the House I

ntelligence Committee for banking and financial records. A Wednesday hearing is planned in that case.

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DJI allays security fears after US issues warningployee holds t

Chinese drone manufacturer DJI said safety is at the core of everything the company does, and the security of its techn

ology has been independently verified by the United States government and leading US businesses.

The company’s statement came in response to an alert warning issued by the US Department of Homeland Security (DHS).

“We provide all our customers full and complete control over how thei

r data is collected, stored and transmitted. For government and critical infrastructure cust

omers that require additional assurances, we provide drones that do not transfer data to DJI or via the inte

rnet, and our customers can enable all the security steps DHS recommends,” the Shenzhen-based company said.

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