US toy prices may rise d上海后花园e to additional tariff

Experts warn it would damage small companies as consumers pay for the hit

上海后花园For the US toy industry, President Donald Trump’s threatened 10 percent tariff on

an additional $300 billion worth of Chinese goods starting from Sept 1 would come during the peak holiday shi上海后花园女神会所

pping month, when many Chinese toy manufacturers send their products to the United States.

上海后花园Though some US toy companies have come up with contingency plans, like lowering their relian

ce on manufacturing in China, many will still make the US consumer pay more if the tariffs hit.

“Hasbro will have no choice but to pass along the increased costs to our US custo上海后花园

mers,” said Brian Goldner, CEO of toy company Hasbro. He said the Pawtucket, Rhode Islandbased company, the

上海后花园女神会所maker of popular products such as Monopoly and GI Joe, was working to reduce its reliance on manufacturers in Chi

na, but he also said it has built up extra inventory, incurring additional storage costs, as it braces for tariffs.

It’s hard to tell whether companies will alleviate the impact of a new tariff before the holiday season arrives, Linda Bolton We上海后花园

iser, a senior research analyst at financial services firm D.A. Davidson Companies, told China Daily.

上海后花园女神会所But she said that they will try to find alternative suppliers, and work with their procurement teams to optimize product mix

and sourcing options. Many also will continue to move manufacturing from China to countries like Vietnam.

“They will do as much as they can to mitigate or offset the impact of the tariffs through all the different measures, but it’s un上海后花园

certain now to what extent they will be able to either partially or fully offset the impact,” Weiser said.

上海后花园女神会所”The good news is that the tariff is only 10 percent, so a product-price increase of 5 percent is neede

d to keep gross profit dollars unchanged. However, the gross margin would decline,” she said.

www.aaart.org.cn

Days before that, the c上海4195G unstaffed smar

bookstore opened in Xiong’an New Area, Hebei province. Driven by the adv

antages of 5G networking, book lovers can enter after having their face or their identity c上海419品茶微信

ard scanned, and obtain their favorite books any time, because technology has made 24-hour unstaffed service feasible.

上海419In Sanlitun, the heart of Beijing’s nightlife hub, at 11 pm on a sum

mer night, among the bustling crowds one store stands out. It is Sanlian Taofen Sa

nlitun Bookstore, a 24-hour bookstore that has become a landmark since it opened last year.上海419

The shop used to be a bar in a street reputed for its late-night carousing.

上海419品茶微信The night China Daily visited the shop, and alley that connects the north

ern and southern ends of Sanlitun Village was teeming with people, while in the 700-squ

are-meter bookstore with about 20,000 books, a couple of young people were sitting next to their laptops open.上海419

“We come here quite often,” says one of them, who lives nearby. “It’s th

e place I use most for finishing work each day. This is the only quiet place I can find arou

上海419品茶微信nd here where I do not need to worry about closing time, and you have the air conditioning in summer, too.”

Another of those in the shop, Zhao Xiaohan of Xiamen, Fujian province, who was on holi

day in Beijing, says: “I accidentally found this place while I was looking for a perch after a long day of trave上海419品茶微信

l. It’s a relaxing place, but many young people come in here after dinner time because it’s the summer holidays.”

上海419In addition to stocking the latest titles and best-sellers, Sanlian Taofen sells books in ancien

t Chinese and many works in English. To attract customers in an area that is popular with tourists it al

so sells souvenirs and ornaments representative of traditional Chinese culture.上海419品茶微信

Another tourist in the shop, who says she is from Moscow, was astounded by the shop’s ran

上海419ge of offerings. “I’ve never seen a bookstore like this. It’s got everything related to books you could ever want. Befo

re I came in I wasn’t even sure it was still open. I’ve never come across anything like this in Russia.”

A shop assistant says the design of the shop, on two floors, is inspired by Travelers a上海419品茶微信

mong Mountains and Streams, an ink-wash painting by Fan Kuan of the Northern Song Dynasty (960-1127).

www.ezgpui191.cn

A lot of stories take pl上海贵族宝贝hips and are a source

 for literature,” he said, citing Garcia Marquez’s “Love in the Time of Cholera,” a romance that develops on a river.

上海贵族宝贝While the river behind his childhood home has run dry, said Mo

Yan, he can always rely on the abundant waters of the Amazon for inspiration.上海贵族宝贝女神会所

“I will simply imagine that the Amazon is my river, the river of my childho

od. It will give me inspiration, guidance and confidence, as many readers do,” he said.

上海贵族宝贝At the conference, Mo Yan was awarded an honorary doctorate by the

Diego Portales University, the highest academic distinction from the university.

The Chinese writer will be traveling to other cities, following his visit to Santiago.上海贵族宝贝女神会所

Mo Yan was born in 1955 and grew up in Shandong province in eastern China.

In awarding him the Nobel Prize, the judges described him as a write

r “who with hallucinatory realism merges folk tales, history and the contemporary.”上海贵族宝贝女神会所

An event, entitled “Night of Chinese Culture and Tourism,” which is p

上海贵族宝贝art of a series of activities to celebrate the 70th anniversary of the establishment

of diplomatic ties between China and Mongolia, was held here on Thursday.

The event, co-organized by the Chinese Ministry of Culture and Tourism, the Chinese Embassy in Mongolia, the Mo上海贵族宝贝女神会所

ngolian Ministry of Education, Culture, Science and Sports and the Mongolian Ministry of Environment and Touri

sm attracted about 1,300 Mongolians and representatives of Chinese citizens living in Mongolia.上海贵族宝贝

The audience enjoyed an authentic and wonderful performance of Shaolin Kungfu

上海贵族宝贝and Tai Chi Kungfu by a group of kungfu masters from the Central China’s Henan province.

The event aims to show the Mongolian people the rich and colorful resources of China’s culture an

d tourism, showcase the unique customs and the diversity and charm of the Chinese civilization, and furt

er promote cultural exchanges and cooperation between the two countries, according to the organizers.

www.wolaiduobao.cn

Certainly, you see ge上海夜生活ne passion among the yo

ung people for Dunhuang when they visit it,” Zhao said.Ma Jingna contributed to this story.

上海夜生活女神会所The Amazon River, which flows through Peru, Colombia and Brazil, has been a pe

rmanent source of inspiration for China’s Nobel literature prize winner Mo Yan.

The river is present throughout his work, Mo Yan said this week in a speech at a conference hosted by the Diego Portales U上海夜生活

niversity here in Santiago on Tuesday, with the theme of “Rivers and my literature,”

上海夜生活女神会所The Amazon River, which flows through Peru, Colombia and Brazil, has been a

permanent source of inspiration for China’s Nobel literature prize winner Mo Yan.

The river is present throughout his work, Mo Yan said this week in a speech at a conference hosted上海夜生活

by the Diego Portales University here in Santiago on Tuesday, with the theme of “Rivers and my literature,”

上海夜生活As a child, Mo Yan thought the stream that ran behind his home in China was the bigge

st in the world, till he was older to realize it was actually a “minor” river even in China.

Some of them even express interest in working at the academy, set in a上海夜生活女神会所

serene, tranquil compound on the edge of the shifting sands of the Gobi Desert, he said.

“Once you get to see Dunhuang art and really understand it, you will like it. We need to e上海夜生活

ncourage and tap that interest, to attract talent to take our development to the next stage.”

上海夜生活女神会所he 2020 Pirelli Calendar by Paolo Roversi entitled “Looking for Juliet”. The photographer’s project, which involves actre

sses and singers of different cultures and countries, takes its cue from the Shakespearean drama and the in

tersection of love, strength, youth and beauty embodied by its female protagonist.上海夜生活

The protagonists of “Looking for Juliet” were invited by the photographer to pre

sent the role of Juliet in an ideal casting session that sees them act, pose, sing; each t上海夜生活女神会所

hrough their own emotion, art form, personality, character and interpretation of the role.

Roversi chose nine personalities to interpret the role of Juliet. They include the British actors Claire Foy, Mia Goth and

the British actor and activist Emma Watson, the American actors Indya Moore, Yara Shahidi and Kristen Ste

wart, the Chinese singer Chris Lee (Li Yuchun), the Spanish singer Rosalia, and the Franco-Italian artist Stella Roversi.

Shot in Paris and Verona over a week in May, Roversi says of his calendar: “I am sti

ll searching for my Juliet and I will be searching all my life. Because Juliet is a dream”.

365zuchewang.cn

may pay no heed to 上海419论坛ency manipulation charges

The United States’ labeling of China as a currency manipulator is unlike

上海419论坛ly to compel the International Monetary Fund to intervene, as it concluded recently that Chi

na’s currency practices are in line with its economic fundamentals, according to experts.

On Monday, the US Treasury, following an earlier pronouncement by US President D上海419论坛品茶微信

onald Trump, applied the label to China after the yuan depreciated, escalating the US-China trade friction.

The yuan now trades at about 7-to-1 against the dollar. That’s in line with China’s econo

上海419论坛mic fundamentals, and the IMF is therefore unlikely to impose sanctions on Beijing, according to Gary Huf

bauer, a senior fellow at the Peterson Institute for International Economics in Washington.

Hufbauer said that Trump believes the People’s Bank of China (PBOC) engaged in currency manipulation because it fail上海419论坛品茶微信

ed to support the yuan despite ample cash reserves, apparently creating a new standard overnight.

“The IMF defines currency manipulation as deliberate intervention to weaken a curren上海419论坛

cy in support of larger exports,” he told China Daily. “China’s yuan was weakened by market forces in response t

上海419论坛品茶微信o Trump’s latest tariff threat-and there’s nothing deliberate about China’s action.”

The IMF defines currency manipulation in Article IV of its rules and requires a vote by its execu

tive board. The US has its own standards, defined in a 1988 law, expanded by former president Barack O上海419论坛

bama as part of the Trans-Pacific Partnership negotiations, and codified in 2015.

“Trump’s declaration is not consistent with any of the previously announced standards,” Hufbauer said

上海419论坛品茶微信 “Trump is toying with the idea of countervailing currency intervention-selling dollars to bu

y yuan-but that seems unlikely. The Fed is not likely to go along, and the Exchange Stabilization Fund controlled

by the Treasury does not have the big bucks needed to move currency markets.”

leyishengpx.cn

up policy, China opened上海后花园nomy to the outs

side world, boosting Chinese businesses’ need for returning talents. They will n

eed more overseas returnees as the country‘s economy keeps growing and as it further o上海后花园女神会所

pens the economy. More talents, meanwhile, will move back,” he said.

To enhance competitiveness, a number of Chinese cities have jumped into a fierce “war” f上海后花园

or talents with attractive financial support, favorable hukou (household registration) policies and other subsidies.

上海后花园女神会所Shenzhen in Guangdong province, for example, has started its “peacock project”

to attract overseas returnees since 2011, and is granting rewards of 3 million yuan ($432,000) to high-end o

verseas talents in industries that are facing an acute shortage of skilled workers.上海后花园

In June, Guangdong announced a policy to reduce taxes for overseas talents and the much-needed

skilled workers planning to move into the Guangdong-Hong Kong-Macao Greater Bay Area.上海后花园

“The Chinese immigrants overseas and students overseas are the em

上海后花园女神会所erging power of China’s future economic development,” said Wang Huiyao, fo

under and director of the Center for China and Globalization, a nongovernment think tank in Beijing. “The ta

lent war is getting more and more fierce. In Silicon Valley, international talents count for 50 percent of its total tale上海后花园

nt pool, but in Zhongguancun (China’s technology hub in Beijing), the ratio is only 1 percent.”

About 53 percent of the surveyed respondents mo

上海后花园女神会所ved back for opportunities to progress and develop their careers i

n key emerging sectors that face talent shortages, such as the biopharmaceutical industry.

However, better payment was not the sole reason for the s上海后花园

hift, the report said. “Being close to family is of paramount im

portance to professionals who want to return to their families as Asia is aging rapidly.”

上海后花园女神会所The survey found that 71 percent of the Chinese overseas returnee respondents regarded family as

the prime motive for moving back to the home country, a rapid increase from the 41 percent seen in a similar

Hays survey in 2013, despite the fact that they may not receive a pay increase at home.

dnrjpa.cn

chief executive John Flin上海千花网tends the World Eco

The chief executive of HSBC has stepped down after less than two years in the job, as the bank

ing giant revealed solid first half profits but warned it faced “challenging” geopolitics.上海千花网女神会所

The bank has also said it could cut nearly 5,000 jobs due to a weaker outlook, and the depar

ture of John Flint comes as trade-war tensions flare between the United States and China.上海千花网

Under Flint’s leadership, the bank has pivoted to Asia, which

accounted for more than half of its operating income in the second quarter.

HSBC Chairman Mark Tucker said talks over Flint’s future had been “going on for a while” and the decision was not taken lightly.上海千花网女神会所

“In the increasingly complex and challenging global environment in which the bank op

rates, the board believes a change is needed to meet the challenges that we face and to capture the very s

上海千花网ignificant opportunities before us,” Tucker said. “This is a decision about the future.”

HSBC said it would look both internally and externally for a new leader and that Noel Q

uinn, head of the commercial banking division, will be interim CEO in the meantime.上海千花网

The 51-year-old Flint ran the bank’s retail and wealth management business be

fore taking over as chief executive last year. At that time, he was seen as a safe choice for the上海千花网女神会所

top job and was known to be the favored selection of his predecessor, Stuart Gulliver.

上海千花网In an interview with the Financial Times on Monday, Tucker said: “This had noth

ing to do with personalities; this was a unanimous decision of the non-executive directors.”

Tucker denied that Flint was opposed to new cost cutting plans, which HSBC revealed on Monday would result in up to

4,700 job cuts, or 2 percent of its 237,685-strong global workforce. The move is e上海千花网女神会所

xpected to hit senior staff the hardest, helping reduce salary costs by as much as 4 percent.

HSBC made the surprise announcement as it reported a 15.8 percent rise in pretax profit to $12.4 billion for the six months to June 30.

www.dnrjpa.cn

Thanks to the program上海419论坛provinces now enjoy

w enjoy forest coverage of about 60 percent.

上海419论坛It also benefits the local environment: Along the Yangtze River, for example, sand co

ntent dropped by 90 percent from 2000 to 2016. In Hainan province, Hainan gibbons-a critically endangered spe

cies-witnessed population growth from only seven in 1998 to 29 last year due to the program.上海419论坛品茶微信

According to the plan, top local government officials will be responsible for the protection work.

Moreover, all commercial logging of natural forests will be prohibite

上海419论坛d nationwide. In some core areas, other commercial activities will also be banned.

The forestry department will strengthen the restoration of some degraded natural forests a

nd speed up the work to build a surveillance system for protection and restoration work.上海419论坛品茶微信

“A strict management system will also be established. Anyone who conducts illegal activity that damages natural forests or threa

上海419论坛tens public interests will be punished,” said Li Shuming, deputy head of the administration.

Li said the government will take the lead in implementing the plan and encourage participation from the public. He said the prot

ection and restoration work aim to bring prosperity to the people through eco-friendly development.上海419论坛品茶微信

“The plan is expected to drive China’s natural forest protection work to a new stage,” Li said

Hubei province has completed an aerial survey of all sewage outlets that disch

上海419论坛arge into the area along the Yangtze River and its tributaries that flow through the province.

It was the first time that the province carried out such a full-scale survey, whic

h also serves as important groundwork for a national campaign, launched this February, to comb the b上海419论坛品茶微信

anks of the Yangtze River and map all such outlets along the country’s longest waterway.

www.xyzaw.cn

The next batch of stocks上海千花坊e greater market e

 enthusiasm, for the better-than-expected trading conditions at the STAR Market during the fi

上海千花坊rst 10 trading days could greatly stimulate investor confidence, Peng said, and those who hold a wait-

and-see attitude when the first batch of companies went public will enter into the market.

上海千花坊女神会所Eight people have been killed and four others remain missing amid

heavy downpours and floods in Central China’s Hubei province, CCTV reported.

Torrential rain hit Yunyang district in the city of Shiyan at around 4 am Tuesday, causing floods and landslide in Qinglo

ngshan village, leaving eight dead and four missing, the CCTV reported quoting Yunyang district government. 上海千花坊女神会所

More than 2,000 villagers have been relocated to safer locations, and rescue teams f

rom Shiyan city and Yunyang districts have arrived to assist in search and rescue, the district government said.

The rain has also cut off roads and power in parts of the city. Traffic has been partially pa上海千花坊

ralyzed and two highways have been closed for safety reasons, Xinhua News Agency said.

The local meteorological department issued a red alert, the highest in China’s four-color weather alert system, for ra

上海千花坊女神会所instorm on Tuesday, noting high risk of flash floods, geological hazards and river flooding.

Huang Rui in Beijing contributed to this story.

Technology strategist hails successful projects achieved through cooperation

上海千花坊The United States and China have benefited greatly from cooperation in science, technology and innovation, a se

nior Chinese science strategist said, lamenting the recent protectionist turn in the US.

Hu Zhijian, president of the Chinese Academy of Science and Technology for Deve上海千花坊女神会所

lopment, said an objective appreciation of such accomplishments would help ease recent technology and t

rade frictions and reveal new grounds for win-win cooperation between the countries.

ashchc.com

The blacklisting will be上海419ed by the administrat

 and valid for three years, it added.Wang Sixin, a professor of internet law at Communication University of China, said

上海419the regulation shows the country’s efforts and determination to clean up cyberspace.

Wang said he regarded the regulation as an “upgraded version” of rules previously made by the adm上海419品茶微信

inistration, adding that the blacklist is urgently needed and necessary to improving the online environment.

上海419″In the past, the administration often launched campaigns agains

t online violations and named violators, but some website operators and service suppliers d

idn’t take it seriously, because the administrative punishments were not strong enough to affect their businesses,” he said.上海419品茶微信

“But the situation, I believe, will change, if the blacklist regulation, a bigger threat, takes effect.”

Zhu Wei, an associate professor at China University of Political Science and Law, applauded the regulation

上海419seeing it as a new step by the administration to manage cyberspace by rule of law and ensure honesty online.

“I’m glad that the current version identifies those who disregard business morality as ‘d

上海419品茶微信ishonest’, because attacks – such as posting untrue information between two internet businesses for c

ompetitive reasons – are often seen and not good for the business environment,” he added.

Wang said the blacklist is reasonable.

“When enterprises realize they could miss opportunities and lose out on developments上海419

in the next three years of this internet era, they will strictly abide by rules and regulate their operations,” he said.

上海419品茶微信Efforts to build an honest cyberspace have expanded in recent years. In December 2018, for instance, e-co

mmerce businesses were encouraged to make use of technologies that prevent dishonest behavior and improve overall online credibility.

China’s online platforms that offer a multitude of services are expected to con上海419

tinue robust growth as the government has pledged more facilitating measures.

At the latest executive meeting of the State Council, China’s Cabinet, a

uthorities vowed another raft of measures to beef up the growth of the sector.上海419品茶微信

Analysts believe these will help upgrade the industry and consumption, deep

en the supply-side structural reform and promote the establishment of a strong domestic market.

www.trwater.com.cn