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Given that the US economy is driven by domestic demand, consumption in particular, instead of exports, a high rate of eco
nomic growth will widen the trade deficit, as it would have to import more products than it exports. In such a situa
tion, the implementation of large-scale infrastructure construction projects would further increase the trade deficit.
To make up for the increasing savings gap, the US needs to introduce and use more foreign ca
pital, which will further enlarge the trade deficit. Therefore, the US cannot simultaneously maintain a high g
rowth rate, invest massively in infrastructure, reduce the trade deficit and restrict the inflow of foreign capital.
What is really questionable is that, despite its contempt for over-regulation of the economy, the US administration has been tryi
ng to impose regulations on international trade, even for its trade partners’ domestic economic management.
was aware of the incident and was gathering information.
The charter company is contracted by the military for its twice-weekly “rotator” roundtrip
service between the US mainland and Guantanamo Bay, said Bill Dougherty, a spokesman f
China is concerned about protecting its own rapidly growing intellectual property, leading to increased reco
gnition of the issue’s importance, according to US citizens with business ties to the country.
Frank Wu, president of the Committee of 100, a nonpartisan leadership organization of prominent Chinese Ame
ricans in business, government, academia and the arts, said, “China has made great progress. China has its own inte
llectual property to protect. That includes both in the global marketplace and also internally.or the Jacksonville base.
It flies every Tuesday and Friday from the Naval Station Norfolk in Virginia to the Jacksonvil
le air station and on to Cuba. It then flies back to Virginia with a stop again at Jacksonville, Dougherty said.
A total of 12 million yuan ($1.78 million) of cash will be granted to 12 international scientists for their
groundbreaking academic contributions to the fields of quantum computation and quantum com
munications, according to a press release by the newly founded Micius Quantum Foundation on Friday.
With a combined donation of 100 million yuan from Chinese entrepreneurs, the foundation based in Hefei, East China’s Anhu
i province, will give each of the six annual laureates one million yuan. The foundation, a non-profit organization, ai
ms to promote development of quantum information science and technology.
The Micius Quantum Prize’s 2018 and 2019 laureates were announ
ced at the same time, as selection of first-year nominees took longer than expected, said Luo
Yi, president of the foundation and a scientist from the University of Science and Technology of China, based in Hefei.