Archives June 2019

Boeing may reimburse airlines for 737 MAX grounding

Boeing CEO Dennis Muilenburg said on Wednesday that the aircraft manufacturer

上海千花坊is having “ongoing conversations” with airlines about possible reimbursements following the worldwide grounding of 737 MAX jets.

The airlines haven’t disclosed how much they are seeking from Boeing, but some analysts peg industrywide losses at about $1 billion. In an interview with Axios, Muilenb上海千花坊

urg didn’t say how Boeing would compensate airlines, but it could be cash, a discount on future orders or additional pilot training and services.

Airlines seeking compensation include Air China, China Eastern Airlines, China Southern Airlines, Norwegian Air, Turkish Air, Ryanair, Flydubai and United Airlines.上海千花坊品茶微信

“Reimbursement isn’t a technical problem,” John Cochran, president of Eaglemark, an aviation con

sulting firm and professor emeritus of Aerospace Engineering at Auburn University, told China Daily USA. “It’s a matter of first imp

ression. Some of what Boeing proposes to do may be contractual and it’s certainly sound public relations. Boeing wants to keep its customers happy.”上海千花坊

The 10,000-member pilots union for Southwest Airlines said this month it will ask B

oeing  for compensation to cover legal costs and lost income for pilots due to the 737 MAX grounding.

上海千花坊品茶微信The union hasn’t said how much pilots have lost, but it could be as much as $9 million a month, the Dallas Morning News reported.

Southwest has 34 MAX jets in its fleet. The airline said it plans to resume MAX flights on Sept

2, but the union said “there is no accurate estimate of when the MAX will return to service.”

上海千花坊品茶微信Airlines have used other planes when possible to replace grounded MAX jets, but some flights have been canceled. The airlines appa

rently seek compensation for lost revenue as well as storage and the cost of preparing the MAX to return to c

ommercial service when the US Federal Aviation Administration and other regulators say it’s safe to fly.

Boeing MAX jets were grounded worldwide following crashes March 10 in Ethiopi

a and October 29, 2018, in Indonesia that killed a total of 346 passengers and crew.

Preliminary investigations suggest the aircraft’s Maneuvering Characteristics Augmentation System (MCAS), an automated anti-stall device, apparently fo

rced the noses of Lion Air and Ethiopian Airlines flights down and into a fatal plunge when it erroneously deter

mined the planes were about to stall. To avoid a stall, MCAS points the nose of the plane down to gain air speed.

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She also said that 96 percent of Polish companies are

e small and medium-sized enterprises, many of which are family businesses and contribute the greater part of the country’s GDP.

“上海千花网Poland is known worldwide for the q

uality of its food, such as apples and milk, which are already available on the Chinese m

arket. We believe that Chinese consumers will be more open for new tastes of Polish food in the near future,” Skoczek said.

He said the CISMEF is an international event which features the highest level, largest scale and most wid

e-ranging influence in the Asia-Pacific region and specially serves SMEs. Over the past 13 years, 16 countries and international organizations in Asia, Europe, Oceania, America (North上海千花网

America and South America) and Africa have been invited to host the exhibition, with its international influence growing year by year.

The 14th CISMEF will feature South Africa and the United Nations Industrial Development Organization (UNI

DO). With an exhibition area of more than 1,000 square meters, South Africa will appear with more than 70 characteristic enterpris上海千花网女神会所

es in industries such as agriculture, and services, to promote and present distinctive local products, industrial investment environment and cultural customs. UNIDO will set up

a special promotion area in the International Hall to popularize the knowledge of industry, and provide technical support and projects needed by SMEs.上海千花网

Currently, 31 countries, regions and organizations have confirmed their participation and booked 1,028 booths, including South Africa,

UNIDO, Egypt (first time), Malaysia, Thailand, Cambodia, Myanmar, Greece, the UAE, the United Nations Office for South-South Cooperation, Japan, Poland, Sri Lanka, Russia, Sou

th Korea, Vietnam, Bulgaria, Iran, Nigeria, Germany, Indonesia, the USA, Spain, Australia, Qatar, Brazil, New Zealand, Israel, Taiwan, Hong Kong and Macao.

上海千花网女神会所Responding to the national strategy of opening up, the fair will host several international pavilions featuring the Belt and R

oad; China-Africa Cooperation Mechanism and the Guangdong-Hong Kong-Macao Greater Bay Area; Africa pavilion; Central and Eastern Euro

pe pavilion; Middle East pavilion and Hong Kong; and the Macao & Taiwan pavilion will be set up to present distinctive products and 上海千花网女神会所quality services.

A wide range of practical events, such as the second Asia-Europe SME Financing Seminar, SME Cross-border M

atchmaking Seminar and Business Promotion of Overseas Exhibition Groups and Purchase Presentation, will be held conc

urrently to build a capital, technology and intelligence networking platform for Chinese and foreign SMEs.

With 6,000 standard booths and an exhibition area of 150,000 square meters, the 14th CISMEF is hosted by the Ministry of Industry and Info

rmation Technology of the People's Republic of China, the State Administration for Industry & Commerce, the People

's Government of Guangdong Province, the Department of Small Business Development of South Africa and UNIDO.

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More than 60 buyers encompassing building materials,

, mining machinery, pesticides, furniture, home appliances, consumer electronics

上海会所品茶微信clothing, and other industries in 16 countries, including Burkina Faso, Ethiopia, and Zambia, conducted one-on-one negotia

tions with more than 90 Guangxi enterprises in seven major industries s

panning construction machinery, building materials, food and medicine, daily house上海会所

holds, pesticide agricultural machinery, electronic equipment, as well as medical equipment.

In addition, the fair also carried out the exhibition and sales of Guangxi specialty products. Hundreds of Nanning enterprise representatives and professional visitors conducted on-site procurement negotiations.上海会所

 globally important fair taking place in southern China is playing an ever greater role in the small and medium-enterprises sector internationally, as it capitalizes on China’s successful multilateral cooperation programs.

上海会所品茶微信The 14th China International Small and Medium Enterprises Fair being held on Oct 10-13 in Guangzhou, capital of Guangdong province, is expected to have greater influence within the international community, according to the event’s organizers.

The organizing committee of the fair, also known as CISMEF, said that a total of 31 countries and regions will send business delegations to the event.

More than 2,000 Chinese SMEs, as well as over 500 SMEs from nations such as Malaysia, Thailand and Russia, have confirmed their participation.上海会所品茶微信

The fair will provide 6,000 stands for participants in an exhibition area covering 150,000 square meters.

Major activities during the main course of the exhibition include a summit for Chinese SMEs and a seminar to upgrade financing among Asia-Europe SMEs.

A promotional convention to popularize new information technology will also be highlighted during the annual event.上海会所品茶微信

On its first day, CISMEF will have a China Small and Medium Enterprises Summit.

In it, Chinese and foreign government officials, well-known economists and representatives of outstanding entrepre

neurs, will exchange policies and measures as well as practical achievements in supporting the development of SMEs.

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s take a bow at globally important Guangzhou fairsing num

An increasing number of small and medium-sized enterprises are stepping outside of

上海419女神会所their own countries and regions to reach global markets with the help of an imp

ortant annual fair in Guangzhou, capital of South China’s Guangdong province.

The China International SME Fair – which has focused on establishing a platfor上海419

m for displays of transactions, exchanges and cooperation among SMEs around the world since 2004 – will be

held from Oct 10-13 in Poly World Trade Expo Center this year, according to the event’s organizer.

SMEs take a bow at globally important Guangzhou fair

“We have designed a series of activities to bring substantial benefits and business opportuni上海419女神会所

ties to international SME exhibitors, so that they can better participate in the industri

al and economic chains of the world,” said He Zuoxian, deputy director-general of the Guan

gdong SME Bureau and director-general of the China International SME Fair Bureau上海419.

He, speaking at a media briefing on Tuesday, said activities at the fair would i上海419

nclude cross-border business matchmaking events, a promotional tour along the Belt and Road countries and regions, investment and funds sourcing promotions especially for overseas delegations, as well as procurement meetings.

上海419女神会所So far, delegations from 28 countries, regions and international organizations have confirmed they are attending, with reservations for almost 1,100 stands – accounting for about 45 percent of all booths at the October fair, according to the organizer.

The United Arab Emirates is the co-host country of the fair for the first time, said He, bringing the total number of foreign co-hosts to 18 since the show was launched.上海419女神会所

The UAE delegation will comprise some 75 SMEs from a broad range of sectors: agriproducts, trade and retail, innovation, technology, hospitality, industries and manufacturing. These will cover a total exhibition area of 800 square meters, said Rahma Alshamsi, UAE consul general in Guangzhou.

A number of countries – including Bulgaria, Mexico, Brazil, the Philippines, Laos and Myanmar – have shown great interest in co-hosting the fair in the future and will hold talks with the organizers during the event, He said.

Meanwhile, the United Nations Industrial Development Organization, which co-hosted the fair last year, has agreed to take the role for the next five years starting from this year. He said the move would give impetus to the consistent development of SMEs across the globe.

Zhang Linhe, head of the business unit in the Ofice of Japan External Organization in Gua

ngzhou, told the briefing that 29 companies from a variety of industries – including food, beauty products, fashion and

metalware – would join the Japanese delegation. Zhang said 17 of these are new to the event.

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Debate moderators are expected to raise such topics a

topics as economy, healthcare, education, immigration, climate change, and forei

gn policy, similar to those for the first group of partic上海楼凤ipants on Wednesday night.

上海楼凤According to debate rules, each candidate will have 60 seconds to answer questions and 30 se

conds for rebuttals. There are no opening statements, but each candidate will have one minute for a closing statement.

Wednesday’s debate was attended by Senator Elizabeth Warren of Massachusetts上海楼凤

, another top-tier contender, along with former Congressman Beto O’Rourke of Texas, Senator

上海楼凤Cory Booker of New Jersey, New York Mayor Bill de Blasio, Washington Governor Jay Inslee, and five others.

Together, 20 candidates qualified for the first primary debate for either scoring at least 1 perce

nt support in three qualifying polls or receiving donations from at least 65,000 unique donors.

The two-night debate, hosted by NBC News, MSNBC and Telemundo at Miami’s Adrienne Arsht Cen上海楼凤

er for the Performing Arts, was the first of a dozen that the Democratic National Committee had planned for the party’s primary.

The second debate is scheduled for July 30-31 in Detroit, Michigan.

WASHINGTON – The US House of Representatives on Thursday passed the Senate’s version of t

上海楼凤he emergency border funding bill after House Speaker Nancy Pelosi reversed course amid pressure from

上海楼凤品茶微信moderate Democrats to tackle the migrant surge along the US-Mexico border immediately.

The Democrat-controlled House voted 305 to 102. Senate Maj

ority Leader Mitch McConnell said President Donald Trump supports the Senate bill.

“In order to get resources to the children fastest, we will reluct上海楼凤品茶微信

antly pass the Senate bill,” Pelosi wrote in a statement before the Thursday voting.

“The children come first,” Pelosi said. “At the end of the day, we

have to make sure that the resources needed to protect the children are available.”

上海楼凤品茶微信The sudden setback for Pelosi came amid heavy pressure from moderate Democ

ratic lawmakers who are seen as most vulnerable at the 2020 U.S. general elections, local analysts said.

House Representative Josh Gottheimer, a Democratic leader of the bipartisan Problem Solvers Caucus, told Pelosi Thur

sday morning that he had rallied enough moderate 上海楼凤品茶微信Democrats to take down the rule on the amended House bill.

Recent media reports of horrific conditions facing children at border det

上海楼凤品茶微信ention centers and the release of a photograph depicting a father and daughter drowned face-down in the Rio Gra

nde River near Brownsville, Texas, also created new urgency for Congress to act before the July 4 recess.

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hinese consumers to drive future global growth

One of Britain’s leading economists said Chinese consumer 上海品茶微信s will be the driving force of future global economic growth.

Jim O’Neill, chair of the international think tank Chatham House and former chief econom

i 上海品茶微信st at Goldman Sachs, made the remarks in a speech on Wednesday at the celebration of the 70th anniversary of th

e founding of the People’s Republic of China and the second China-UK Economic and Trade Forum in London.

“What happens to the Chinese consumers is more important to China’s future,” O’Neill said.

“If China continues with 8 percent nominal GDP gr 上海品茶微信owth, which I believe is 5 percent real (GDP growth), and 3 percent pri

ces (meaning inflation), and if the Chinese consumers become the 50 percent of that total, the change from the next

year to the next decade is somewhere between $11 to $12 trillion, which is equivalent to create another China,” he said.上海品茶微信

O’Neill i 上海品茶微信s known for coining the term BRIC, the group term for Brazil, Russia, India and China, in 2001, to describe the four rapidly-developing nations that symbolized the shifting balance in the global economy.

South Africa was added to the group nine years later, making it BRICS.

“China remains the only one of the BRICS countries that aft上海品茶微信er 17 years has actually done exactly what we had expected it would achieve,” he said.

His opinion is that the ongoing trade dispute with the Un

ited States is not the most important challenge the country currently faces.

To continue its success, O’Neill said, China ne

上海品茶微信女神会所eds to address aspects of its aging population, which is a key contr

ibutor to the economic growth slowdown, and tackle environmental issues and population control in urban areas.

O’Neill is a former British commercial secretary to the Treasury. He said the Belt and Road Initiative, or BRI, initiated six ye

ars ago, will play a “hugely important” role in global trade, which has been buffeted by rising protectionism and unilateralism.

The BRI aims to build the Silk Road Economic Belt and the 21st Century Maritime Silk Road and deliver policies, infra

structure, trade, financial and people-to-people c上海品茶微信女神会所onnectivity via a new platform for a brighter future.

“If it can be implemented collectively, it can transform the trade pattern in Asia, p

articularly between China and India, two of the major BRICS countries,” he added.

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Geng Shuang, spokesman of the Foreign Ministry

d China has always called for resolving trade tensions with the US through dia

上海千花坊logue and consultation, but it will firmly safeguard its own legitimate interests.

US threats to impose more tariffs on Chinese imports cannot intimidate the Chinese people, Geng added.上海千花坊

Gao said China’s stance toward tariffs is clear, that the country has always opposed

unilaterally imposed tariffs. “The US trade bullying eventually hurts its own businesses and consumers,” he said.上海千花坊女神会所

The “unreliable entities” list-a blacklist of foreign parties that, for noncom

上海千花坊mercial reasons, harm the interests of Chinese companies, will be released soon,

Gao said. Companies that abide by Chinese law and the spirit of contracts have nothing to worry about, he said.

上海千花坊女神会所Zhou Mi, deputy director of the Institute of American and Oceania Studies of the Chinese Academy of International Trade and Eco

nomic Cooperation, said it is necessary for China to push forward with the list of “unreliable entities,” and export restriction measures.

“These moves will bring about institutional improvement,” Zhou said. “They are

上海千花坊女神会所not meant to punish any company, but to guide all market entities to abide by the laws, regulations and commercial con

tracts. They can further level the playing field for both homegrown and foreign companies.”上海千花坊

In a recent survey, a majority of US and Chinese consumers expressed strong su

pport for bilateral trade due to a belief that both countries benefit from the exchan

ge of goods, said Mei Yan, senior partner and China chair at advisory firm Brunswick Group.上海千花坊

The online survey was conducted among 1,000 US consumers and 1,000 Chinese consumers in early June.

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During the first five m上海楼凤女神会所, the propert

 the property m上海楼凤女神会所arket remained stable overall, with property sales measur

ed by floor area showing negative growth and sale prices registering slower growth.

Between January and May, sales in commercial residential buildings reached 560 million squ

are meters, down 1.6 percent year-on-year. Among them, sales in residential buildings, office buildings and

commercial buildings went down 0.7 percent, 12.2 percent and 12.9 percent respectively.

Land purchase area and land prices experienced big declines. During the first five months, the land a

reas purchased by property developers fell 33.2 percent from a year earlier, the biggest decline since 1998. Mea

nwhile, land prices fell 35.6 percent year-on-year, marking the biggest drop since the data was released in 2004.

Hot investment in residential buildings and sluggish investment in commercial properties still continued.

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hina’s real estate m上海楼凤品茶微信d to adjust in H2

hina’s real estat上海楼凤品茶微信e market is expected to usher in a new period of adj

ustment during the second half of this year, Economic Information Daily reported.

Adhering to the policy that “houses are for living, not for speculation”, local governments have kept differentiated poli

cies based on local conditions, and made obvious achievement in tightening control of the real estate market.

The market saw pickup in March and April. However, it didn’t gather en

ough momentum and showed some signs of cooling down in May, Wang Yeqiang, a rese

archer with the Chinese Academy of Social Sciences, said in a signed article published by the newspaper.

Last month’s data also indicated the rebound is not stable, W

ang said, adding that the market is likely to enter a new period of adjustment.

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The ministry has ca上海千花网品茶微信n to revive soyb

ybean productio上海千花网品茶微信n since the beginning of this year, aiming to increase domestic

production to reduce the growing gap between supply and demand for the product in recent years, he said.

With the implementation of the plan, it is expected soybean crops in China will increase t

o 9.3 million hectares by the end of next year, and the production of soybeans per hectare will also increase.

With increasing domestic demand for protein and edible oil, demand for soybeans has been increasing in China in rece

nt years. Soybeans are a major agricultural product import, with most soybeans consumed in China imported.

Key study session focuses on staying true to original aspiration, better serving the people

Xi Jinping, general secretary of the Communist Party of China Central Committee, has underlined the need for the whole Party to stay true to it

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