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There has been a new unexpected twist in the case of Gui Minhai, and this time, the Swedish Ambassador to China Anna Lindstedt is involved.
Gui Minhai was born in China and later became a naturalized Swedish citizen. He was a Hong Kong-based bookseller be
fore being sued in the Chinese mainland in 2015. That lawsuit strained relations between China and Sweden.
His daughter, Angela Gui, has recently detailed a bizarre account of her visit to Stockholm, which has
embarrassed the Swedish Ministry of Foreign Affairs. Angela Gui, who grew up in Sweden, now live
s in Britain where she is studying for a PhD in history at university. She gave her account in a media interview last we
ek and made an announcement Wednesday on her blog. Gui said that Ambassador Lindstedt contacted her in mid-January, inviting her to go to Sto
ckholm to meet two Chinese businessmen, who Lindstedt trusted, to discuss a new approach to her father’s case.
Angela Gui said she went to Stockholm in late January where she met two Chinese businessmen in the presence of Lindstedt. In
her statement, she said that the two businessmen asked her to stop all media engagements and public comment in exch
ange for her father’s release or commutation. According to Gui, Lindstedt supported the plan and said t
hat if not, the relationship between Sweden and China would otherwise be further undermined.
Angela Gui said that after the meeting, she called the Swedish Ministry of Foreign Affairs for confirm
ation. “They told me they hadn’t had the slightest idea this whole affair was taking place. They hadn’t even been informed the amb
assador was in the country,” she wrote. In her account of what happened, she not only gave details of the meeting,
but also described how she was feeling threatened and how the whole arrangement seemed suspicious.
ave had a negative impact on the Chinese economy, but it has shown resilience in coping with the shocks, and the repercussions have not been as severe as pred
icted. In January, for instance, Chinese exports rose 9.1 percent from a year earlier, compared with a 3.5 percent declin
e in December, according to customs data released on Thursday. And although its export growth to the US continued t
relations with a deal that is in line with the interests of both countries. If that has been the shared und
erstanding during this week’s talks, and it is carried forward in the negotiations in Wa
shington next week, hopefully the two sides will be able to narrow the differences between them sufficiently so that the t
o drop, no doubt due to the raised tariffs on Chinese goods, China’s shipments to other major
markets, such as the European Union, Japan and Southeast Asia, all rose strongly.
Meanwhile, leyishengpxcn/ions otherwise, the US economy has not rem
ained unscathed, as shown by the need to offer emergency assistance to its farmers and t
he voices of complaint from US companies urging the administration to change tack.
Cooperation based on fully respecting mutual interests is the best way for t
he two countries to renew their trade and economicwo leaders can pencil in a date f
or a meeting at which they can shake hands on a deal that sets the right course for future relations.
unty usually set up black tents at the foot of Mount Qomolangma, providing tourists accomodation as a means of earning money.
Though ordinary visitors can’t go beyond the monastery, it won’t affect them from appreciating the mountain.
“The new tent camp for ordinary tourists can still allow them to clearly see the 8,800-meter-plus mountain,” Kelsang said.
Travelers who have a climbing permit can go to the base camp at an altitude of 5,200 meters. Kelsan
g said the mountaineering activities have been approved by the regional forestry department.
Decades after the epic climb to the world’s peak, Tibetans at the f
oot of Mount Qomolangma have conquered poverty by receiving professional and am
ateur mountaineers and tourists, who have also posed an environmental challenge to the mountain.
To conserve the environment surrounding Mount Qomolangma, China c
arried out three major clean-ups at an altitude of 5,200 meters and above last spr
ing, collecting more than eight tonnes of household waste, human feces and mountaineering trash.
echnology sectors of Hong Kong and the mainland, facilitating more career opportuniti
es for Hong Kong local talent as well as offering a larger market for knowledge transfer.
Tam Yiu-chung, a Hong Kong member of the Standing Committee of the National People’s Congress, the country’s top legislat
ure, estimated that the plan would lay out development priorities for the area, and the key tasks each city should carry out.
Hong Kong will thus have a clearer direction for future development, and better understand how it can fully contribute, Tam said.
The Greater Bay Area encompasses Hong Kong and Macao, as well as nine cities in Guangdon
g province: Guangzhou, Shenzhen, Zhuhai, Dongguan, Huizhou, Zhongshan, Foshan, Zhaoqing and Jiangmen.
In 2017, the 11 cities produced one-eighth of China’s gross domestic product while containin
g only 5 percent of the nation’s population and only 0.6 percent of China’s total landmass.
ment bond issuance or implement more tax cuts, Economic Information Daily reported Wednesday, citing the Chinese Academy of Social Sciences.
A total of 2.61 trillion yuan ($386.46 billion) of bond quota was unused by the end of 2018, accounting for 14.1 percent of total local debt, the academy said in a report.
This means China can extend bond issuance, or undertake 14 percent of tax and fee cuts.
The debt balance stood at 18.39 trillion yuan at the end of last year, well below the official ceil
ing of 21 trillion yuan, and accounting for 109 percent of total fiscal revenue of local governments.
In 2018 local authorities raised a total of 4.17 trillion yuan through bond issuance, down from 4.36 trill
ion yuan in 2017, according to the Ministry of Finance. The local debt ratio was 76.6 percent last ye
ar, significantly lower than the international warning line of 100-120 percent.
Last year local governments’ implicit debt risk was controlled effectively, however, the total debt level was still huge, the academy said.
In 2018 new explicit debts rose 13.5 percent to 2.18 trillion yuan, while the in-balance-sh
eet interest payment reached 734.5 billion yuan, with a 17.1 percent growth rate, about 2.75 times that of fiscal revenue.
A rapid increase in interest payments put pressure on future fiscal guarantees and service capacity, the academy added.
Zhou Xiaochuan, former governor of the People’s Bank of China (PBOC), has won the UK’s 2019 Central Banking lifetime achievement award, according to the publication’s website.
Zhou, the sixth winner of the award, stands out for his high levels of integrity, intellectual ri
gor and bold reforms that have served the public interest in China and elsewhere, said a statement of the website.
The Central Banking Awards were established to recognize outstanding perform
ance in individuals and organizations in the central banking community.
Zhou, who stepped down as PBOC governor in March 2018, had served in his position from
December 2012-2018, which makes him China’s longest serving central bank governor since 1949.
The award recognizes the impact Zhou had on the central bank and the Chinese economy.
“While in office, Zhou demonstrated high levels of integrity in his pursuit of public s
ervice. He brought academic rigor to real-world decision-making, acting as a prag
matic policymaker with a strong sense of what was in the public interest,” the statement said.
Whether it is filial piety to the elderly or rewarding children or themselves, trading volu
me has kept growing. Spending on entertainment and travel also grew fast,” said Chen Han, a data analyst at China UnionPay.
Consumption has become the biggest driver for the economy, contributing 76.2 percent of the co
untry’s economic growth last year, up 18.6 percentage points over the previous year, the National Bureau of Statistics said.
“Judging from major economic indicators, domestic demand has become a decisive force of China’s economic gro
wth,” said Wang Bin, deputy director-general of the ministry’s department of market operation and consumption promotion.
Several factors will support steady consumer spending growth in China. Residential inco
me has been increasing fast and deeper pockets facilitate more spending. The second China Int
ernational Import Expo in Shanghai will also offer more access to global products, Wang said.
Wang Jun, a researcher at the China Center for International Economic Exchanges, exp
ects more favorable policies to further boost domestic shopping this year as nationwide tax cuts continue.