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website of the Footwear Distributors and Retailers r to an

Different from the first several batches of tariffs that focused more on industrial and agricultural products, the most rece

nt 25 percent tariffs on Chinese imports target mostly consumer products, including sneakers, clothing and furniture.

Trump has, on his Twitter account, asserted that “there is no reason for the U.S. Consumer to pay the Tariffs”.

The open letter, however, said “there should be no misunderstanding” that US consumers pay for tariffs on products that are imported.

“As an industry that faces a $3 billion duty bill every year, we can assure you that any incr

ease in the cost of importing shoes has a direct impact on the American footwear consumer,” it said.

It is an “unavoidable” fact that as prices go up at the border due to transportation costs, labor r

ate increases or additional duties, the consumer pays more for the product, the footwear trade and business association said.

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weather, and the provincial government recently announ

nced that when conditions are right, artificial means will be used to make rain.

Chen Lijuan, the chief weather forecaster of the National Climate Center, sai

d rain is on the way to the northeast and will arrive next week. That should alleviate the

drought, but dry conditions will continue to make things worse in Yunnan, she said.

Zhou Wenyi, a 26-year-old from Kunming, Yunnan province, said that the weather is very strange this year.

“The climate of Yunnan is kind of like the southeastern Asian countr

ies, where April and May are the two hottest periods before the rainy season arrives. The hig

hest temperature in Yunnan’s summer period usually is around 21 to 22 C,” she said.

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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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Zhang Dawei, chief analyst with Centaline Property, sai

id the main reason behind this is the real estate market in some cities is at risk of going out of control, and the land market shows signs of overheating.

China’s house prices continued to stabilize despite slight increa

ses in April, according to the National Bureau of Statistics. Sixty-seven out of the 70 major Chi

nese cities saw an increase in the number of newly built homes that were sold in April.

On a month-on-month basis, new home prices in Dalian and Nanning rose 0.7 percent and 0.9 percent, re

spectively. On a year-on-year basis, new house prices in these cities grew 13.2 percent and 11.5 percent, respectively.

Although excluded from the 70 major Chinese cities surveyed by the N

ational Bureau of Statistics, Foshan and Suzhou also saw a surge in home prices in April.

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hipmakers including Intel, Qualcomm, Xilinx and Broad

roadcom will not supply Huawei until further notice, the report said.

However, blocking components to Huawei could also disrupt the businesses of American ch

ip heavyweights like Micron Technology and slow down the rollout of 5G wireless networks, Blo

omberg said, which in turn could hurt US companies that rely on the Chinese market.

In a Reuters report on Sunday, it said that Google has also suspended business with Huawei requiring the transfer of hard

ware, software and technical services, except those with open-source licenses publicly available.

Google China replied via email that the company is “complying with the order and reviewing the implications”, The Beijing News said.

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Data cited from Zhaopin, an online recruitment platform

 shows that college students slated to graduate in 2019 have higher expectations of working in these cities, than in cities like Beijing, Shanghai and Guangzhou.

According to the platform, 44 percent of new graduates this year wish to find their jobs in new fir

st-tier cities, while only about 30 percent hope to work in Beijing, Shanghai and Guangzhou.

Yang Zheng, who graduated with a master’s degree from Fudan University in Shanghai in March, said th

at he received three offers from companies in the city, but finally chose a high-tech enterprise in neighboring Hangzhou.

“I’ve spent about seven years in Shanghai, it’s time to explore a new world,” he said, laughing. “The most importa

nt reason I chose Hangzhou is the city’s potential development in the high-tech industry, which can bring us more opportunities.”

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urged to avoid more damage to China tiesonly

Beijing urged Washington on Saturday “not to go too far” in harming China’s interest

s, and called for it to change course to avoid further damaging bilateral ties.

China firmly opposes the United States’ recent remarks and actions that harmed China’s interests, in

cluding its resorting to political means to suppress normal operations of Chinese companies, State Coun

cilor and Foreign Minister Wang Yi said in a phone call with US Secretary of State Mike Pompeo.

History and reality show that China and the US both benefit f

rom cooperating with each other, while both suffer from bilate

ral conflicts, and cooperation is the only proper choice for the two major countries, Wang said.

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it has long been prepared for the “extreme scenario” of the US blo

access to some components and technologies.

“We have been developing backup products for years in anticipat

ion. … Such efforts can ensure the strategic safety of most of the company’s products an

d a continuous supply of most products,” said HiSilicon President He Tingbo in an internal letter.

Foreign Ministry spokesman Lu Kang said at a news conferen

ce on Friday that the development and utilization of 5G depends on global cooperation, and inte

rference by the US undermines the principle of fair competition and shows a lack of respect for other countries.

HiSilicon, which was founded in 2004, has designed chipsets like Ki

rin, which has been used in Huawei’s high-end smartphones. In addition to server chips, th

e company has also developed chips for base stations, basebands and chipsets powered by artificial intelligence.

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Moreover, the guideline stressed the significance of impr

oving internet access in rural areas in poverty alleviation and called for enhanced inform

ation sharing to promote urban-rural integrated development.The Port of Dunkerque in Fra

nce would seize the opportunities presented by China’s Belt and Road Initiative to boost trade between the two nati

ons, authorities said on the Seventh Dunkerque Port Night on May 16 in Shanghai.

Held by the Dunkerque Port Authority of France at the St Regis Jingan in Shangha

i, about 400 delegates attended the event to discuss the port’s performance in 2018 and its future development.

Officials said during the event that bilateral trade volume bet

ween China and France grew 15.5 percent year-on-year to reach $62.9 billio

n (434.5 billion yuan) in 2018, the highest level in the history, and believed that trade exchanges between the two countries wo

uld become more frequent under the Belt and Road Initiative and with the support of the port.

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Gao Feng, director of the ministry’s Economic Crime Inv

estigation Bureau, said that illegal fundraising and related economic crimes remain a serious issue.

Cases involving over 10 billion yuan and more than 1 million investors are frequent, Gao said.

“The spread of illegal economic crimes such as illegal fundraising is also pretty fast.”

To raise public awareness, educational activities were organized this week to mark the 10t

h national awareness day for combating and preventing economic crimes, which fell on Wednesday.

With a focus on combating and preventing illegal fundr

aising and pyramid schemes – two types of crime common in recent years – face-to-face cons

ultations were organized and online presentations were launched to illustrate the methods of illegal fundraising.

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