Showing posts with label China. Show all posts
Showing posts with label China. Show all posts
Friday
California goes on virus lockdown as Italy death toll overtakes China
LOS ANGELES — California was placed under lockdown in the most drastic step yet by a US state to contain the fast-spreading coronavirus as Italy surpassed China as the country with the most deaths from the pandemic.
The United States, meanwhile, is fast-tracking antimalarial drugs for use as a virus treatment, President Donald Trump said, as he lashed out at China for not informing the world earlier about the original outbreak.
China, for its part, on Friday reported a second day with no new domestic cases since the virus appeared in the central city of Wuhan in December, before spreading worldwide.
While there was a glimmer of hope in China, several countries tightened their borders and imposed lockdowns, trapping tens of millions of people in their homes.
And the UN chief warned “millions” could die if the virus spreads unchecked around the globe.
Governments and central banks have unleashed a blockbuster series of measures to prop up the teetering global economy, only to see the once-in-a-century pandemic seemingly spiral further out of control.
The death toll soared in Europe as Italy announced another 427 fatalities on Thursday, taking its total to 3,405, according to a tally compiled by AFP from official sources.
China has officially reported 3,248 deaths from the virus, which can cause respiratory failure, particularly in the elderly.
Globally, the death toll from the virus has risen to almost 10,000 with more than 232,000 cases in 158 countries and territories, according to the AFP tally.
UN Secretary-General Antonio Guterres warned Thursday of the virus’s potentially devastating effects.
“If we let the virus spread like wildfire — especially in the most vulnerable regions of the world — it would kill millions of people,” Guterres said.
‘Paying a big price’
The number of infections and deaths in the rest of the world has surpassed those in China, which appears to have staunched the virus with strict measures including a complete quarantine of Wuhan since January.
Trump, who has come under fire for his response to the crisis, charged Thursday that the world was paying for China’s lack of transparency about the outbreak there.
“It could have been contained to that one area of China where it started. And certainly, the world is paying a big price for what they did,” he said.
Trump said US authorities were fast-tracking antimalarials chloroquine and hydroxychloroquine for use as a coronavirus treatment, making them available “almost immediately.”
The drugs are synthetic forms of quinine, which has been used to treat malaria for centuries.
As the toll surged in Italy, Prime Minister Giuseppe Conte said the national lockdown, which has been copied around Europe, would be prolonged to April 3.
France also mooted extending its two-week lockdown ordered this week by President Emmanuel Macron, as the interior minister blasted “idiots” who flout home confinement rules and put others at risk.
In Argentina, President Alberto Fernandez announced a “preventative and compulsory” lockdown from Friday to March 31, while Brazil’s Rio de Janeiro state will close its famed beaches as well as restaurants and bars for 15 days to try to contain the pandemic.
California Governor Gavin Newsom said the state’s lockdown – affecting more than 39 million people – would begin Thursday evening in a “recognition of our interdependence”.
In Britain, Prime Minister Boris Johnson said the country could “turn the tide” on coronavirus within 12 weeks – but only if people heed advice to avoid social contact.
The disease continued to hit high-profile figures with EU Brexit negotiator Michel Barnier, Monaco’s Prince Albert II and at least a half-dozen NBA players in the United States among those testing positive.
Also falling victim to the pandemic was the G7 summit in June, which was meant to be hosted by Trump at the Camp David presidential retreat near Washington. The group of seven wealthy democracies will now meet via videoconference.
And as the Olympic flame arrived in Japan Friday to a muted reception, Tokyo Games organizers faced renewed calls for the event to be delayed.
“It should be postponed under the current situation where athletes are not well prepared,” Japan Olympic Committee member Kaori Yamaguchi told the Nikkei daily in an interview published the day the flame landed.
Emergency stimulus
With countries paralyzed by the pandemic and stock markets imploding, policymakers this week unleashed a wave of measures to shore up the global economy.
The European Central Bank announced a 750-billion-euro bond-buying scheme, dubbed the “big bazooka.”
In the United States, Treasury Secretary Steven Mnuchin urged Congress to pass a $1-trillion emergency stimulus package.
Asian equities enjoyed some much-needed gains Friday after Wall Street finished higher following a volatile session as investors weighed the government stimulus measures against some of the first data pointing to a sharp US economic slowdown.
European stocks also staged a rebound on the stimulus news.
The battle is only just beginning across the rest of the world, with the shadow of the virus lengthening across Africa.
The Nigerian megacity of Lagos announced it would shut its schools while Burkina Faso confirmed the first death in sub-Saharan Africa.
Russia reported its first death and even the Pacific nation of Fiji said it had its first case.
Countries are taking increasingly drastic steps to stem infections, with Australia and New Zealand banning non-residents from arriving.
The United States warned against international travel due to the pandemic and advised citizens to come home if possible.
Britain closed dozens of London Underground stations and shut down schools.
EU closed its borders to outsiders and in many countries bars, restaurants and most shops have closed their doors until further notice.
Spain, which is on a near-total lockdown, on Thursday ordered all hotels to close immediately.
Agence France-Presse
Sunday
Nearly 20 trapped after China hotel used for coronavirus quarantine collapses
BEIJING, China — Rescuers are searching for 19 people who remain trapped in rubble following the collapse of a hotel used as a coronavirus quarantine facility in eastern China on Saturday, state media reported.
A total of 48 people have been rescued out of the 67 initially trapped when the building first crumbled, state broadcaster CCTV said Sunday.
Footage circulating on Twitter-like Weibo showed rescue workers combing through the rubble of the 80-room Xinjia hotel in coastal Quanzhou city in the dark as they reassured a woman trapped under heavy debris and carried wounded victims into ambulances.
Other footage published by local media, purportedly from security cameras across the street, showed the entire hotel collapsing in seconds.
A total of 43 people have so far been rescued from the wreckage, state news agency Xinhua said.
The hotel's facade appeared to have crumbled into the ground, exposing the building's steel frame, and a crowd gathered as the evening wore on.
Officials have yet to confirm whether anyone died in the accident.
China's Ministry of Emergency Management said some 200 local and 800 Fujian Province firefighters had been deployed to the scene along with 11 search and rescue teams and seven rescue dogs, according to Xinhua.
Quanzhou authorities said ambulances, excavators and cranes had also been rushed to the site.
Representatives from Beijing are also en route to Quanzhou to assist in relief efforts, Xinhua reported.
Quanzhou has recorded 47 cases of the COVID-19 infection and the hotel, which opened two years ago, was repurposed to house people who had been in recent contact with confirmed patients, the People's Daily state newspaper reported.
China is no stranger to building collapses and deadly construction accidents that are typically blamed on the country's rapid growth leading to corner-cutting by builders and the widespread flouting of safety rules.
At least 20 people died in 2016 when a series of crudely-constructed multi-storey buildings packed with migrant workers collapsed in the eastern city of Wenzhou.
Another 10 were killed last year in Shanghai after the collapse of a commercial building during renovations.
Agence France-Presse
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Tuesday
First case of coronavirus confirmed in San Diego, California; US cases now 13
The 13th case of coronavirus in the United States was detected in California in a person under federal quarantine after returning from Wuhan, China, the US Centers for Disease Control and Prevention (CDC) said on Monday.
The adult patient was among US nationals evacuated from Wuhan, the epicenter of the disease, who were under mandatory quarantine for 14 days at Marine Corps Air Station Miramar, near San Diego, the CDC said in a statement.
The individual was taken to the University of California San Diego Medical Center for observation and isolation and is "doing well," the hospital said in a statement.
A spokesman for the medical center declined to comment on the report, but said the hospital would soon be releasing a statement.
"CDC is conducting a thorough contact investigation of the person who has tested positive to determine contacts and to assess if those contacts had high risk exposures," the CDC said in a statement, without giving further details. —Reuters
Sunday
Oxford Economics: Wuhan coronavirus seen to cut tourism revenues in Asia, including PH
MANILA, Philippines — The influx of Chinese tourists to the Philippines and other Southeast Asian countries would take a hit from the outbreak of Wuhan coronavirus, but most economies in the region were expected to be ready in offsetting any potential economic impact of the illness, UK-based Oxford Economics said Sunday.
“The Wuhan coronavirus outbreak could potentially be a high-impact but short-lived event, similar to the SARS experience in 2003. As such, we think that the current virus outbreak poses a downside risk to our China growth forecast, particularly in the first quarter and possibly the second quarter should the outbreak be prolonged. But beyond that the impact should begin to fade,” Oxford Economics senior economist Tommy Wu and head of India and Southeast Asia economics Priyanka Kishore said in a Jan. 26 research briefing titled “Wuhan virus raises downside growth risks in short-term.”
Oxford Economics explained that while China’s gross domestic product (GDP) may be impacted especially on the consumption side (such as retail and tourism), and to a lesser extent on investments and industries, the economic effect would be “less severe compared to the SARS episode, at least for now.”
“The faster reaction time by the Chinese authorities this time around, with increased transparency and firm actions taken recently, are certainly helpful in mitigating the impact on public health, confidence and the economy. That is so even though municipal and provincial governments have at times been late, faulty and non-transparent in their response, especially at the early stage of the outbreak. We also expect the government to roll out measures, if needed, to stabilize growth,” Oxford Economics said.
Elsewhere in Asia, the economic impact of the Wuhan coronavirus would be felt by countries hosting many Chinese tourists as they get locked down in the mainland.
“We expect the economies that have a higher share of tourism in GDP and are more reliant on Chinese tourists—Hong Kong, Thailand, Vietnam, Singapore and the Philippines—to feel the impact more,” Oxford Economics said.
Citing Tourism Economics and World Travel and Tourism Council (WTTC) data, Oxford Economics noted that travel and tourism activities accounted for up to 25 percent of the Philippines’ GDP.
“Tourism and related industries, such as food and beverages, recreation, clothing, etc., are prominent drivers of growth for most Southeast Asian economies and Hong Kong. Moreover, Chinese tourists account for a higher share of total tourist arrivals in these economies compared to the SARS outbreak period,” Oxford Economics pointed out.
Asian economies were nonetheless seen to be able to withstand decline in foreign tourism receipts, especially from China. “All these economies have available policy space to buffer domestic demand, if needed,” Oxford Economics said.
As of Sunday, the Philippines remained free from infection of Wuhan coronavirus.
Socioeconomic Planning Secretary Ernesto M. Pernia last week said “there’s always a potential impact” on the economy when diseases such as the Wuhan coronavirus and African swine fever strike.
In a separate Jan. 24 report, London-based Capital Economics said that “if the outbreak continues to spread, one of the main channels through which the region will be affected is through a decline in tourist arrivals from China.”
“The number of Chinese travelling abroad has increased nearly ten-fold since the SARS outbreak in 2003 and spending by Chinese visitors now accounts for sizeable share of some countries’ GDP, most notably Hong Kong, Cambodia, Thailand, and Singapore,” Capital Economics senior Asia economist Gareth Leather said in a report titled “Coronavirus to hit tourism, upside surprise on growth.”
In the case of the Philippines, spending by Chinese visitors in the country was still very low compared to most of its Asean neighbors, at less than 1 percent of GDP, estimates compiled by Capital Economics showed.
“During the SARS outbreak in 2003, Chinese tourist numbers fell by around one-third. If they fell by a similar amount again, it would knock around 1.5-2 percentage points from GDP in the most vulnerable countries. Overall though, lessons from past epidemics show that while the initial hit to the economy can be severe, growth tends to bounce back quickly after the virus is contained,” Capital Economics said.
source: business.inquirer.net
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Monday
Houston Rockets GM says Hong Kong tweet not meant to offend
The general manager of the Houston Rockets said Monday a tweet backing Hong Kong protests that caused a major backlash was not meant to offend the NBA team’s massive Chinese fanbase.
Daryl Morey’s comments came as the NBA issued a statement distancing itself from the offending tweet and saying it was “regrettable” that the posting had offended so many fans in China.
The Rockets have been in damage control mode since Morey posted a tweet Friday featuring the message “Fight for Freedom. Stand with Hong Kong” that was subsequently deleted.
“I did not intend my tweet to cause any offense to Rockets fans and friends of mine in China,” Morey said in a tweet Monday morning in Tokyo, where the Rockets are playing several matches this week.
“I was merely voicing one thought, based on one interpretation, of one complicated event. I have had a lot of opportunity since that tweet to hear and consider other perspectives,” he added.
“I have always appreciated the significant support our Chinese fans and sponsors have provided and I would hope that those who are upset will know that offending or misunderstanding them was not my intention,” Morey said.
He also reiterated that his tweets “in no way represent the Rockets or the NBA.”
The NBA issued its own statement, saying it recognised Morey’s views “have offended so many of our friends and fans in China, which is regrettable.”
The NBA’s Los Angeles Lakers and Brooklyn Nets are due to play two pre-season games at Shanghai and Shenzhen in China later this week.
“While Daryl has made it clear that his tweet does not represent the Rockets or the NBA, the values of the league support individuals’ educating themselves and sharing their views on matters important to them,” the statement issued by chief communications officer Mike Bass said.
‘Incorrect comments’
The Rockets have already tried to distance themselves from the controversy, with owner Tilman Fertitta on Friday writing on Twitter that Morey “does NOT speak for the @HoustonRockets… we are NOT a political organization.”
But the backlash in China has been fierce, with the Chinese Basketball Association (CBA) saying it would sever all ties with the Rockets.
“General manager of Houston Rockets club Daryl Morey made incorrect comments about Hong Kong,” the CBA said on its official social media page on Sunday.
“The Chinese Basketball Association is strongly opposed to this and will suspend communication and cooperation with the club.”
Semi-autonomous Hong Kong has been battered by four months of increasingly violent pro-democracy protests.
The rallies were ignited by a now-scrapped plan to allow extraditions to mainland China, fuelling fears of an erosion of liberties in Hong Kong under the 50-year “one country, two systems” model China agreed before the 1997 handover from Britain.
The Rockets have enjoyed a huge following in China since the club drafted Chinese star Yao Ming in 2002.
But fans on social media in China savaged Morey’s comments, with some urging he be fired.
The Rockets are in Japan for two exhibition games this week against NBA champions Toronto Raptors, and their head coach Mike D’Antoni on Sunday said that was the team’s focus.
“We’re here to concentrate on playing in Japan, playing great games and enjoying the culture of Japan,” he said.
source: sports.inquirer.net
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Sunday
Gasol gets historic double, Spain dominates Argentina for Fiba World Cup gold
BEIJING — Spain has captured its second World Cup championship, defeating Argentina 95-75 on Sunday to give Marc Gasol a rare double-title year.
Tournament MVP Ricky Rubio scored 20 points and Sergio Llull added 15 for Spain (8-0), the ninth team to make it through a World Cup or world championship unbeaten. Gasol scored 14 for the winners, who never trailed.
For Gasol, it was historic.
The Toronto Raptors center becomes the second player to win an NBA title and a FIBA world gold medal in the same year, joining Lamar Odom — who did it for the Los Angeles Lakers and USA Basketball in 2010.
Gasol is also the 19th to win either an NBA or WNBA crown along with a gold medal, either of the Olympic or World Cup variety, in the same year. And he’s the first to accomplish that feat while representing a nation other than the U.S.
When Spain won its first title in 2006, it was Pau Gasol — Marc’s older brother — leading the way. This time, it was the not-so-little brother who led his nation to gold, hoisting the World Cup trophy three months after getting his hands on the NBA’s Larry O’Brien Trophy for the first time.
Gabriel Deck scored 24 points for Argentina (8-1), which got off to a slow start and played uphill the rest of the way. Luis Scola was held to eight points, shooting 1 for 10 from the floor.
Spain led 43-31 at the half, riding the strength of two big runs.
Spain ran out to a quick 14-2 lead, only to have Argentina answer with an 11-0 spurt. But when that ended, Spain came back with a 17-1 run and took what was then its biggest lead at 31-14.
Scola, even at 39 years old still Argentina’s best player throughout the tournament, didn’t get on the scoresheet until he made a pair of free throws with 2:57 left in the third. But they only cut the Spain lead to 19, and by then the Argentinian fans — who stood in the stands a few rows from their team’s bench, singing and chanting for much of the game — were relatively quiet.
They probably had a good idea what was coming.
There was one last gasp from Argentina, an 11-4 run to open the fourth quarter and cut Spain’s lead to 12 with 6:30 left. But Llull’s three-point play on the next Spain possession pushed the lead back to 15.
TIP-INS
Argentina: This was the third FIBA World Cup medal for Argentina, making it the fifth nation with that many after the United States (12), Yugoslavia (10), the Soviet Union (eight) and Brazil (six). Another four nations have two medals, including Spain. … Argentina fell to 2-8 all-time against Spain in World Cup or Olympic competition.
Spain: It was the fourth consecutive FIBA title game to be decided by double digits. … It was also a double-title year for Spain coach Sergio Scariolo; he’s an assistant on Nick Nurse’s staff in Toronto. … Everything went Spain’s way early — even air balls. Rudy Fernandez took a corner 3 that sailed long by about two feet, landing in the hands of Juancho Hernangomez. He laid in the miss to start a three-point play, part of Spain’s 14-2 game-opening run.
ALL-TOURNAMENT TEAM
Joining Rubio on the all-tournament team were Gasol, Scola, France’s Evan Fournier and Serbia’s Bogdan Bogdanovic.
DIGNITARIES
Among the big names in attendance on the final day of the World Cup: Chinese basketball legend Yao Ming, NBA Commissioner Adam Silver and Deputy Commissioner Mark Tatum, International Olympic Committee President Thomas Bach, FIBA ambassador and five-time NBA champion Kobe Bryant, and Tony Parker and Manu Ginobili — both four-time NBA champions with San Antonio.
5 WITH 2
Spain is the fifth nation to win the World Cup (or its predecessor, the world championship) at least twice. The U.S. and Yugoslavia are five-time champions, the Soviet Union won three titles and Brazil has won two.
UP NEXT
Argentina: Qualified for 2020 Tokyo Olympics.
Spain: Qualified for 2020 Tokyo Olympics.
source: sports.inquirer.net
Monday
China’s trade with US shrinks as tariff war worsens
BEIJING — China’s trade with the United States is falling sharply as the two sides prepare for more negotiations with no sign of progress toward ending a worsening tariff war that threatens global economic growth.
Imports of U.S. goods fell 22% in August from a year earlier to $10.3 billion following Chinese tariff hikes and orders to companies to cancel orders, customs data showed Sunday.
Exports to the United States, China’s biggest market, sank 16% to $44.4 billion under pressure from punitive tariffs imposed by President Donald Trump in a fight over Beijing’s trade surplus and technology ambitions.
Beijing is balking at U.S. pressure to roll back plans for government-led creation of global competitors in robotics and other industries. The United States, Europe, Japan and other trading partners say those plans violate China’s market-opening commitments and are based on stealing or pressuring companies to hand over technology.
U.S. and Chinese tariff hikes on billions of dollars of each other’s imports have disrupted trade in goods from soybeans to medical equipment and battered traders on both sides.
Chinese exporters also face pressure from weakening global consumer demand at a time when Beijing is telling them to find other markets to replace the U.S.
China’s politically sensitive trade surplus with the U.S. narrowed to $31.3 billion in August from $27 billion a year earlier.
China’s global exports fell 3% to $214.8 billion, while imports were up 1.7% at $180 billion. For the first eight months of 2019, exports were off 1% from a year earlier and imports were down 5.6%.
China’s global trade surplus rose 25% from a year earlier to $34.8 billion. Exports to the European Union rose 3% from a year earlier to $38.3 billion.
U.S. and Chinese negotiators are preparing for talks in October, later than initially planned, but neither side has given any sign of offering concessions that might break a deadlock over how to enforce a deal.
Beijing says Trump’s punitive tariffs must be lifted once an agreement takes effect. Washington says some must stay to ensure Beijing carries out any promises it makes.
The decision to go ahead with talks despite the latest tit-for-tat tariff hikes on Sept. 1 encouraged global financial markets.
In their latest escalation, Washington imposed 15% tariffs on $112 billion of Chinese imports and plans to hit another $160 billion on Dec. 15. That would extend penalties to almost everything the United States buys from China.
Beijing responded by imposing duties of 10% and 5% on a range of American imports. More increases are due on Dec. 15 in line with the U.S. penalties.
U.S. tariffs of 25% imposed previously on $250 billion of Chinese goods are due to rise to 30% on Oct. 1.
China has imposed or announced penalties on an estimated $120 billion of U.S. imports. Some have been hit with increases more than once, while about $50 billion of U.S. goods is unaffected, possibly to avoid disrupting Chinese industries.
Beijing also has retaliated by canceling purchases of soybeans, the biggest single U.S. export to China.
The Chinese government has agreed to narrow its trade surplus with the U.S. but is reluctant to give up development strategies it sees as a path to prosperity and global influence.
Some analysts suggest Beijing is holding out in hopes Trump will feel pressure to make a more favorable deal as his campaign for the 2020 presidential election picks up. Trump has warned that if he is re-elected, China will face a tougher U.S. negotiating stance.
/atm
source: business.inquirer.net
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Saturday
Huawei debuts latest advanced chipset for smartphone
BERLIN — Chinese tech giant Huawei unveiled its latest advanced chipset Friday ahead of the upcoming launch of its latest flagship smartphone, even as uncertainty hangs over whether the device can use Google’s Android.
Huawei’s consumer business CEO, Richard Yu, showed off the Kirin 990 chipset at the IFA consumer electronics fair in Berlin on Friday.
Optimized for new 5G networks and packing 10.3 billion transistors into its fingernail size, the Kirin 990 will be the brain powering the Mate 30 phone.
Huawei, the world’s No. 2 smartphone maker, plans a global launch for the phone in Munich, Germany, on Sept. 19.
But with the U.S.-China trade war raging, it’s unclear whether the device can use the Android operating system. Sanctions bar U.S. companies from selling technology to Huawei without government approval, though there are 90-day exemptions for a narrow list of products and services.
Yu revealed little about the Mate 30 as he showcased the company’s other products. He touted the new chip’s lower energy use and superfast 5G download speed.
“This is the latest semiconductor technology,” he said.
Huawei has developed its Kirin line of chips to power some of its phones and reduce reliance on U.S.-based Qualcomm Corp.’s Snapdragon and other foreign suppliers. It has also built its own operating system, Hongmeng, though executives have said they hope to be able to keep using Android.
The U.S. and China are locked in tech and economic rivalry, with Washington pressuring allies to ban Huawei, the world’s biggest supplier of telecom gear, from new 5G networks.
Beijing on Friday lambasted the U.S. opposition to Huawei after Vice President Mike Pence this week called on Iceland and other governments to find alternatives.
Foreign Ministry spokesman Geng Shuang accused American leaders of “abusing the concept of national security” to block Chinese commercial activity.
source: technology.inquirer.net
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Emboldened Australia closes on another first at Fiba World Cup
A historic win over the United States, then three victories in a row at the World Cup in China to top the “Group of Death” — Australian basketball is setting new landmarks for itself.
Now the Boomers are eyeing another first, having never gone beyond the quarter-finals in 11 previous World Cup appearances.
“We speak about it a lot: in international basketball, you need the size, you need the beef, there’s big men playing this game,” said coach Andrej Lemanis after his team beat European heavyweights Lithuania 87-82 in a gritty encounter in Dongguan.
The hard-earned victory on Thursday — the game was tied with just under two minutes left — made it three wins in a row to start their World Cup, a first for the Boomers.
Australia not only survived the “Group of Death” also including Canada and Senegal, but they also topped it.
Putting the gloss on the evening, defeat for neighbors New Zealand against a Giannis Antetokounmpo-inspired Greece propelled Australia into the Tokyo 2020 Olympics as the best team in Oceania.
Next, San Antonio Spurs guard Patty Mills and the rest of the Boomers play surprise-package the Dominican Republic on Saturday in the second round.
They will be favorites to triumph over the Dominicans, who have the joint-shortest roster at the 32-team World Cup and were well-beaten 90-56 by France on Thursday.
On Monday, with the quarter-finals in sight, Australia will face their toughest task yet in the form of France, who finished third at the 2014 World Cup.
– Going for gold –
Australia, the Asian champions and 2016 Rio Olympic semi-finalists, have been building up to this.
They are missing a couple of big players in Philadelphia 76er Jonah Bolden and his teammate Ben Simmons.
But their roster still has a slew of NBA standouts and in the lead-up to the competition they ended the USA’s run of 78 consecutive wins in major competitions and exhibition games.
The 98-94 victory in Melbourne was the Boomers’ first victory against the world and Olympic champions.
But rather than being cowed by increasing expectations, the likes of Mills, the Utah Jazz’s Joe Ingles and seasoned veteran Andrew Bogut have flourished.
Phoenix Suns center Aron Baynes roared to the fore against Lithuania with 21 points, 13 rebounds, and two assists.
“Phenomenal, right?” Lemanis purred.
Veteran United States coach Gregg Popovich labeled Australia “top contenders” in China in the build-up.
Mills called it “Australia’s best-ever team”.
And in a refreshing change from coaches who trot out the usual banalities about “one game at a time”, Lemanis refuses to talk down his team.
“Our goal — I think like every team here — is to win the gold,” he said after the Lithuania victory.
“That’s the goal that we set ourselves and as a group we have a great belief that that’s something we can achieve.
“Our goal, absolutely, is to win the gold medal,” Lemanis repeated for emphasis.
source: sports.inquirer.net
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Monday
In escalating trade war, US consumers may see higher prices
WASHINGTON — The United States and China on Sunday put in place their latest tariff increases on each other’s goods, potentially raising prices Americans pay for some clothes, shoes, sporting goods and other consumer items before the holiday shopping season.
President Donald Trump said U.S.-China trade talks were still on for September. “We’ll see what happens,” he told reporters as he returned to the White House from the Camp David presidential retreat. “But we can’t allow China to rip us off anymore as a country.”
The 15% U.S. taxes apply to about $112 billion of Chinese imports. All told, more than two-thirds of the consumer goods the United States imports from China now face higher taxes. The administration had largely avoided hitting consumer items in its earlier rounds of tariff increases.
But with prices of many retail goods now likely to rise, the Trump administration’s move threatens the U.S. economy’s main driver: consumer spending. As businesses pull back on investment spending and exports slow in the face of weak global growth, American shoppers have been a key bright spot for the economy.
“We have got a great economy,” said Sen. Pat Toomey, R-Pa. “But I do think that the uncertainty caused by volatile tariff situation and this developing trade war could jeopardize that strength, and that growth, and that is, I think, that’s a legitimate concern,” he told ABC’s “This Week.”
As a result of Trump’s higher tariffs, many U.S. companies have warned that they will be forced to pass on to their customers the higher prices they will pay on Chinese imports. Some businesses, though, may decide in the end to absorb the higher costs rather than raise prices for their customers.
In China, authorities began charging higher duties on American imports at midday Sunday, according to employees who answered the phone at customs offices in Beijing and the southern port of Guangzhou. They declined to give their names.
Tariffs of 10% and 5% apply to items ranging from frozen sweet corn and pork liver to marble and bicycle tires, the government announced earlier.
After Sunday’s move, 87% of textiles and clothing the United States buys from China and 52% of shoes will be subject to import taxes.
On Dec. 15, the Trump administration is scheduled to impose a second round of 15% tariffs — this time on roughly $160 billion of imports. If those duties take effect, virtually all goods imported from China will be covered.
The Chinese government has released a list of American imports targeted for penalties on Dec. 15 if the U.S. tariff hikes take effect. In total, Beijing says Sunday’s penalties and the planned December increases will apply to $75 billion of American goods.
Washington and Beijing are locked in a war over U.S. complaints that China steals U.S. trade secrets and unfairly subsidizes its own companies in its drive to develop global competitors in such high-tech industries as artificial intelligence and electric cars.
“I give the president credit for challenging China on some of its really egregious behavior” on intellectual property and technology transfers, for example, Toomey said. He said he hopes that’s what Trump’s focus is, “not just the fact that Chinese clothing and shoes are popular among consumers. That’s not the problem.”
If China changes its behavior “in a meaningful way in that area … then we will have ended up in a better place. That’s what I’m hoping for. But let’s be honest. In the meantime, we’re doing damage. It’s a double-edged sword,” he said.
To try to force Beijing to reform its trade practices, the Trump administration has imposed import taxes on billions of dollars’ worth of Chinese imports, and China has retaliated with tariffs on U.S. exports.
“It’s a good thing taking on China. Unfortunately, he’s done it the wrong way,” said AFL-CIO President Richard Trumka said on “Fox News Sunday.”
“To take on China there has to be a multilateral approach. One country can’t take on China to try to dry up its overcapacity because they just send it through to you in other ways,” he said.
Trump has insisted that China itself pays the tariffs. But in fact, economic research has concluded that the costs of the duties fall on U.S. businesses and consumers. Trump had indirectly acknowledged the tariffs’ impact by delaying some of the duties until Dec. 15, after holiday goods are already on store shelves.
A study by J.P. Morgan found that Trump’s tariffs will cost the average U.S. household $1,000 a year. That study was done before Trump raised the Sept. 1 and Dec. 15 tariffs to 15% from 10%.
The president has also announced that existing 25% tariffs on a separate group of $250 billion of Chinese imports will increase to 30% on Oct. 1.
That cost could weaken an already slowing U.S. economy. Though consumer spending grew last quarter at its fastest pace in five years, the overall economy expanded at just a modest 2% annual rate, down from a 3.1% rate in the first three months of the year.
The economy is widely expected to slow further in the months ahead as income growth slows, businesses delay expansions and higher prices from tariffs depress consumer spending. Companies have already reduced investment spending, and exports have dropped against a backdrop of slower global growth.
Americans have already turned more pessimistic. The University of Michigan’s consumer sentiment index, released Friday, fell by the most since December 2012.
“The data indicate that the erosion of consumer confidence due to tariff policies is now well underway,” said Richard Curtin, who oversees the index.
Some retailers may eat the cost of the tariffs. Target confirmed to The Associated Press that it warned suppliers that it won’t accept cost increases arising from the China tariffs. But many smaller retailers won’t have the bargaining power to make such demands and will pass the costs to customers.
Philip Levy, chief economist at the San Francisco freight company Flexport who was an adviser in President George W. Bush administration, said it’s hard to say for sure when the latest tariffs may hit U.S. customers in the form of higher prices.
But, he added, “If you had to pick a time to do it, this is the worst possible time” because it’s when the bulk of holiday goods are brought into the country.
source: business.inquirer.net
Wednesday
Hong Kong’s ‘front line’ protesters explain their stance
HONG KONG — On a recent sweltering Saturday, a day now reserved for protest in Hong Kong, a demonstrator named Wayne stepped past a row of plastic barricades, lifted a pair of binoculars and squinted.
Four hundred meters away, a line of riot police stood with full-length shields, batons and tear-gas launchers.
It was a familiar sight for Wayne after more than two months on the front lines of Hong Kong’s turbulent pro-democracy demonstrations. Along with hard hats and homemade shields, face-offs with police have become part of the 33-year-old philosophy professor’s new normal.
The stories of Wayne and three other self-described “front line” protesters interviewed by The Associated Press provide insights into how what started as a largely peaceful movement against proposed changes to the city’s extradition law has morphed into a summer of tear gas and rubber bullets. They spoke on condition they be identified only by partial names because they feared arrest.
The movement has reached a moment of reckoning after protesters occupying Hong Kong’s airport last week held two mainland Chinese men captive, beating them because they believed the men were infiltrating their movement.
In the aftermath, pro-democracy lawmakers and fellow demonstrators — who have stood by the hard-liners even as they took more extreme steps — questioned whether the operation had gone too far.
It was the first crack in what has been astonishing unity across a wide range of protesters that has kept the movement going. It gave pause to the front-liners, who eased off the violence this past weekend, though they still believe their more disruptive tactics are necessary to get the government to answer the broader movement’s demands.
The demands grew from opposing legislation that would have allowed Hong Kong residents to be extradited for trials in mainland China’s murky judicial system to pressing for democratic elections, Hong Kong leader Carrie Lam’s resignation and an investigation into allegations of police brutality at the demonstrations.
The protesters on the front lines are the ones who throw bricks at police and put traffic cones over active tear gas canisters to contain the fumes. They have broken into and trashed the legislature’s chambers, blocked a major tunnel under Hong Kong’s harbor, besieged and pelted police headquarters with eggs and halted rush-hour subways by blocking the train doors from closing.
To Lam, these are “violent rioters” bent on destroying the city’s economy. To China’s ruling Communist Party, their actions are “the first signs of terrorism.”
To these most die-hard protesters, there’s no turning back.
“The situation has evolved into a war in Hong Kong society,” said Tin, a 23-year-old front-line demonstrator. “It’s the protesters versus the police.”
___
When Hong Kong’s youth banded together for this summer’s protests, they established a few rules: They would not have clear leaders, protecting individuals from becoming symbols or scapegoats. And they would stick together, no matter their methods.
The peaceful protesters would not disavow the more extreme, sometimes violent tactics of the front-liners, who would distract the police long enough for others to escape arrest.
These were lessons learned from 2014, when the Occupy Central pro-democracy movement fizzled after more than two months without winning any concessions. Many involved feel internal divisions partly led to defeat.
Chong, a 24-year-old front-liner, said everyone’s opinion is heard and considered, and they decide on the right path together. But no decision is absolute: The demonstrators have pledged to not impede actions they may disagree with.
Two massive marches roused Chong and others who had given up on political change after the failure of Occupy Central, also dubbed the Umbrella Revolution.
On consecutive weekends in June, hundreds of thousands of people took to the streets to oppose the extradition bill. It struck at fears that China is eroding civil rights that Hong Kong residents enjoy under the “one country, two systems” framework.
“I didn’t think I would ever do this again,” said Chong, who quit his job as an environmental consultant to devote himself to the protests. “But this time, society is waking up.”
On June 12, three days after the first march, protesters blocked the legislature and took over nearby streets, preventing the resumption of debate on the extradition bill. Police responded with tear gas and rubber bullets.
Lam suspended the bill indefinitely the day before the second march, but it didn’t mollify the protesters, who turned out in even greater numbers.
As their demands expanded, Lam offered dialogue but showed no signs of giving ground.
That’s when hard-liners like Chong and Wayne became convinced that peaceful protest might not be enough.
They blocked roads with makeshift barricades and besieged the Chinese government’s Liaison Office in Hong Kong, defacing the national seal over its entrance. Week after week, they clashed with police, who became an object of their anger. Every round of tear gas only seemed to deepen their conviction that the government did not care.
“We’ve had numerous peaceful protests that garnered no response whatsoever from the government,” said J.C., a 27-year-old hairstylist who quit his job in July. “Escalating our actions is both natural and necessary.”
Then came the “white shirt” attack. On July 21, dozens of men beat people indiscriminately with wooden poles and steel rods in a commuter rail station as protesters returned home, injuring 44. They wore white clothing in contrast to the protesters’ trademark black.
A slow police response led to accusations they colluded with the thugs. Police Commissioner Stephen Lo said resources were stretched because of the protests.
Many saw the attack as proof police prioritized catching demonstrators — around 700 have been arrested so far — over more violent criminals. That view has been reinforced by other images, including police firing tear gas at close range and a woman who reportedly lost vision in one eye after being hit by a beanbag round shot by police.
Each accusation of police brutality emboldens the hard-core protesters to use greater violence. Gasoline bombs and other flaming objects have become their projectiles of choice, and police stations are now their main target.
___
In this cauldron of growing rage, the protesters set their sights on Hong Kong’s airport.
Hundreds of flights were canceled over two consecutive nights last week as protesters packed the main terminal, blocking access to check-in counters and immigration.
While the major disruption of one of the world’s busiest airports got global attention, it was the vigilante attacks on two Chinese men that troubled the movement.
In a written apology the following day, a group of unidentified protesters said recent events had fueled a “paranoia and rage” that put them on a “hair trigger.” During the prior weekend’s demonstrations, people dressed like protesters had been caught on video making arrests, and police acknowledged use of decoy officers.
At the airport, the protesters were looking for undercover agents in their ranks. Twice they thought they found them.
The first man ran away from protesters who asked why he was taking photos of them. Protesters descended on him, bound his wrists with plastic ties and interrogated him for at least two hours. His ordeal ended only when medics wrested him away on a stretcher.
The second man was wearing a yellow “press” vest used by Hong Kong journalists but refused to show his credentials. In his backpack, protesters found a blue “Safeguard HK” T-shirt worn at rallies to support police.
A small group of protesters repeatedly beat him, poured water on his head and called him “mainland trash.” He turned out to be a reporter for China’s state-owned Global Times newspaper.
Footage of the mob violence inflamed anti-protester sentiment in China, where the reporter became a martyr. In Hong Kong, pro-democracy lawmakers said it was something that “will not and should not happen again.”
Within the movement, some apologized for becoming easily agitated and overreacting. Others questioned whether provocateurs had incited the violence.
Through it all, the front liners called for unity. They pointed to the injuries sustained on their side and the rioting charges that could lock them up for 10 years.
On the night of the airport beating, Wayne couldn’t get through the crowd to see what was happening, but he understood how the attackers felt.
“I would have done the same thing,” he said. “It’s not rational, but I would have kicked him or punched him at least once or twice.”
source: newsinfo.inquirer.net
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Monday
Hong Kong airport cancels outbound flights
TAIPEI – Hong Kong International Airport canceled all flights out of Hong Kong for the rest of the day, after thousands of anti-government protesters descended on the airport.
Demonstrators donned eye patches at Lantau Island hub, one of the world’s busiest international airports, in anger after a girl was allegedly hit with a police beanbag.
Airport chiefs said inbound flights already in the air would be allowed to land, but any flights which had not departed would be delayed.
This is the fourth straight day of protests as anti-government demonstrations have continued to escalate.
Meanwhile, the Associated Press (AP) reported that in Beijing, the Cabinet’s Hong Kong and Macao Affairs Office issued a statement saying the situation in Hong Kong was “beginning to show the sprouts of terrorism” and constituted an “existential threat” to the population of Hong Kong.
“One must take resolute action toward this violent criminality, showing no leniency or mercy,” said the statement, attributed to spokesman Yang Guang. “Hong Kong has reached an inflection point where all those who are concerned about Hong Kong’s future must say ‘no,’ to law breakers and ‘no’ to those engaged in violence.”
Only flights that had already begun boarding or those cleared for landing were allowed to use runways at the airport.
“All other flights have been canceled for the rest of today,” the airport statement said.
A massive traffic jam soon formed on the highway leading back to Hong Kong’s city center. Some protesters were seen walking toward the airport amid the stifling heat.
Earlier Monday, Hong Kong police showed off water cannons that could be deployed in the case of future demonstrations, a development which Amnesty International has warned could lead to serious injuries if misused within the densely-populated city’s confined spaces.
Legislators and journalists were invited to witness the display of extreme crowd control tactics, which came after a weekend of protests at the airport and on the streets of one of the city’s main shopping districts.
During the weekend protests, website Hong Kong Free Press showed footage of one arrest that appeared to include officers in plain clothes pinning a demonstrator pressed to the ground. The young man, who said his name was Chow Ka-lok and asked for a lawyer, was shown with a bleeding head wound and said he had a broken tooth.
Police have also reported injuries among their ranks, including eye irritation from laser pointers, burns from petrol bombs and bruises and cuts from flying.
Protesters hurled bricks at officers and ignored warnings to leave before tear gas was deployed in the Sham Shui Po area, police said, calling a march there an “unauthorized assembly.”
Tear gas was also deployed in central Hong Kong on both sides of Victoria Harbour, in the Tsim Sha Tsui area on the Kowloon side and in Wan Chai on Hong Kong Island. At one point, protesters blocked the entrance to a plaza to prevent police from entering.
A train station in Kwai Fong filled with smoke after about a dozen police officers fired tear gas inside. It was not clear how many protesters were inside the station at the time, but it has been rare for officers to fire tear gas indoors.
Earlier, a large group of mostly young protesters marched down the middle of Hennessey Road, a main shopping drag in the Causeway Bay area, as a rally was held in nearby Victoria Park. Many wore face masks to shield their identities, and a few had helmets. Others just carried backpacks over the black T-shirts that have become their uniform.
The protest movement’s demands include the resignation of the Chinese territory’s leader, Carrie Lam, democratic elections for her successor, the release of those arrested in earlier protests and an investigation into police use of force.
A former British colony, Hong Kong was returned to China in 1997 under the principle of “one country, two systems,” which promises the city certain democratic rights not afforded to people on the mainland. But in recent years, some have accused the Communist Party-ruled central government of steadily chipping away at their freedoms.
Banners at the rally in Victoria Park read “Give Hong Kong back to us” and “Withdraw the evil law,” the latter a reference to an extradition bill that was the original spark for the protests. A large crowd sat under umbrellas, which are both a protest symbol in Hong Kong and protection from the summer heat.
At the airport, a flight attendant protesting on his day off, who gave only his surname, Lau, to avoid repercussions from his employer, said heavy-handed police tactics had alienated some people.
“The police have told a lot of lies to Hong Kong people. We cannot believe them anymore. We have to come here to protest,” Lau said. China has reportedly threatened to bar aircrew who take part in protests from its air space.
Another protester, who identified herself only as Bea, said she took the day off from work to express her outrage.
“I feel that I have to do something. … It’s just too sad to see what has happened. The police action has gone totally nonsensical,” she said. With a report from AP/ac
source: globalnation.inquirer.net
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Sunday
‘We’re still here’: Hong Kong protesters return to streets
HONG KONG — Thousands of pro-democracy protesters hit the streets of Hong Kong on Sunday for the 10th weekend in a row, once again defying police after a night of “hit-and-run” rallies across the city.
Activists calling for greater democratic freedoms in the city have shown no sign of standing down, despite Hong Kong’s leader insisting she will not meet their demands.
Early Sunday afternoon, hundreds of protesters were gathered in the city’s Victoria Park, braving hot and humid conditions and a police ban on the demonstration following a planned march route from the park.
“The police should try their best to maintain public security instead of rejecting our request to march,” said a 25-year-old protester who gave only her family name, Wong.
“We’re still here… and we’ll see if we feel like marching later. We won’t worry that much about illegal assembly. We still have our rights,” she told AFP.
Police have given protesters a permit to gather at the park, but denied their request to stage a march through an eastern part of Hong Kong Island.
They also denied protesters a permit for a second protest in the city’s working class neighbourhood of Sham Shui Po, but a rally was also underway there.
‘Freedom from fear’
“It will be no good for Hong Kong if everyone is scared and no one dares to come out,” Wong said. “We should have freedom from fear.”
The fresh protests come after a night of cat-and-mouse demonstrations around the city, with protesters taking their mantra of flexible action — “Be Water” — to new heights.
Groups of protesters sporting helmets and gas masks, dressed in their movement’s signature black, blocked intersections across the city for hours throughout the night.
In several locations riot police fired tear gas, and 16 people were arrested, but the rallies largely avoided the lengthy pitched battles between the two sides that have been seen in recent weeks.
Protesters said they were adopting a new strategy to try to minimise direct confrontations with police.
“Our aim is no injuries, no bleeding and not getting arrested,” said a 17-year-old student protester who gave his family name as Chan.
“I think our previous tactics of staying in one place led to many arrests and injuries… We need to ‘be water’ to avoid injuries,” he told AFP at the Victoria Park gathering.
‘Internal perils’
Protesters were also on their third and final day of a sit-in at the city’s airport that was billed as way to explain their movement to sometimes bemused arriving visitors.
The demonstrations that began more than two months ago in opposition to a bill allowing extraditions to mainland China have morphed into a broader bid to reverse a slide in democratic freedoms in the city.
The movement has been seen as the biggest threat to Beijing’s rule of the semi-autonomous Chinese city since its handover from the British in 1997.
And the city’s Beijing-appointed leader Carrie Lam has made clear she will not grant the protesters’ demands, which include a full withdrawal of the now-suspended extradition bill, direct election of the city’s leader and an investigation into police violence.
On Friday she ruled out concessions “in order to silence the violent protesters,” saying what the city needed was “to stop the violence.”
On Saturday, she addressed students at Hong Kong army cadets camp and warned that the city was “suffering from external worries and internal perils, and the risk of an economic downturn is very high.”
“Every person who cherishes Hong Kong and loves peace should work hard together and safeguard our beautiful home.”
source: newsinfo.inquirer.net
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Tuesday
Huawei’s first devices powered by HongMeng OS said to launch in 2019
Since Huawei was put on the United States tech blacklist earlier this year, the Chinese company has been forced to look towards operating system alternatives to Google’s Android OS.
At the time of the blacklisting, the company already had its own operating system in development in case of such a situation. In fact, in May of this year, the operating system officially got a name, HongMeng OS.
According to China-based media outlet Global Times, a smartphone powered by HongMeng OS could hit the market as early as Q4 of this year. This device will allegedly be “targeting low- and medium-end markets” and will be priced at about $288.24 (over P14,900).
The very first devices to be powered by the Huawei operating system, however, will purportedly be Honor smart TVs, set to launch on Aug. 10.
As part of the company’s long-term plans for the OS, they intend to use HongMeng to power autonomous driving systems, remote medical services, and industrial control technology.
The first smartphone with HongMeng OS is expected to make its appearance with the Huawei Mate30 series when it launches in Q4 of this year. HM/NVG
source: technology.inquirer.net
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Monday
China tells India: Let’s fight together against Trump’s unilateralism, protectionism
NEW DELHI — China says it values India’s concerns on the bilateral trade imbalance between the two Asian giants and is willing to discuss new approaches to address the issue, and has asked New Delhi to join Beijing in its fight against “unilateralism and protectionism” amidst a bruising trade war with the United States.
India for long has been pressing China to open its pharmaceutical market for Indian pharma exports to address the yawning trade deficit which last year according to Chinese figures, crossed US$ 57 billion in a $ 95.5 billion trade.
China’s new Ambassador to India Sun Weidong said: “China highly values India’s concerns on trade imbalance. But I have to point out that we have never deliberately pursued a trade surplus against India.”
China for its part, Sun said, has taken measures to increase import of rice and sugar and accelerated the process of review and approvals of Indian pharmaceuticals and agricultural goods.
He said latest figures show that China’s imports of Indian goods grew by 15 per cent and more Indian goods have found their way to the Chinese market.
India’s export of agricultural goods to China last year actually doubled, he said. “According to the statistics in the first half this year, India’s trade deficit against China is down by five per cent. So, I am convinced that with the concerted efforts the issue of trade imbalance between India and China will be gradually addressed,” he said.
“China and India have various channels for dialogue to talk about issues like trade imbalance. We are willing to discuss and find new approaches to address the trade imbalances with our Indian friends,” he said.
Sun also asked India to join China in the fight against unilateralism and protectionism, a reference to US President Donald Trump’s policy using tariffs as a weapon to assert his America first policy.
Trump kicked off a trade war with China last year by slapping 25 per cent duties on more than $ 250 billion of Chinese imports, demanding Beijing to reduce massive trade deficit which climbed to over $ 539 billion.
There has been a trade friction between India and the US on several issue. India wants foreign companies to store data locally and announced a review of the rules around e-commerce, moves that alarmed U.S. technology and financial giants.
Without directly referring to China’s current trade war with the US and India’s trade frictions with America, Sun said: “We are facing unprecedented challenge that is unseen in a century”. “We are both faced with the challenges from unilateralism and protectionism. So, we have to resolutely defend the multilateralism and economic globalization and stand against unilateralism and protectionism,” he said.
Without directly referring to concerns in India over China’s big push into South Asia with huge investments in Nepal, Bangladesh and Sri Lanka, Sun referred to Beijing’s proposal in the past for a China-India Plus approach to address the issues involving these countries.
source: newsinfo.inquirer.net
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Thursday
First batch of 5G phones get quality certification in China
BEIJING — The battle over 5G smartphones has intensified in China, with the first batch of eight 5G phone models having obtained the quality certificate needed to hit the market.
Huawei Technologies Co’s four 5G models, including Mate 20X 5G and Mate X 5G, have obtained China Compulsory Certification, according to the website of the China Quality Certification Centre.
Other smartphone vendors Oppo, Vivo, ZTE and One Plus also each have one 5G model that secured the certificate.
It is worth noting that Xiaomi, Samsung and Lenovo failed to make their way into the first batch. Xiaomi said on Wednesday that it will apply to conduct quality tests next week in accordance with its product launch schedule.
Smartphones in China need to acquire three licenses before they are allowed to be sold to the public. The licenses include China Compulsory Certification, a license to allow smartphones to get connected to the 5G network, and Radio Type Approval Certification.
Oppo said on Wednesday that its Oppo Reno 5G model has already secured all of the three licenses and the phone will be available in the China market in the third quarter of this year.
Tang Hai, chief 5G scientist at Oppo, said obtaining the licenses proves that the quality and the performance of Oppo’s 5G smartphone is recognised by industry regulators. The company’s Reno 5G has already been available in Switzerland since May.
Huawei announced in June that its Mate 20X 5G had obtained the country’s first license to allow terminal telecommunication equipment to enter the 5G network in China. The company is scheduled to release the phone on its home turf on July 26.
On Wednesday, the IMT-2020(5G) Promotion Group, an organisation affiliated with the country’s top industry regulator to boost the development of the superfast technology, said Huawei’s self-developed 5G chip has already passed the tests of all networks.
Qin Fei, general manager of Vivo’s telecom research institute, said the company’s 5G smartphone will hit the streets in August and the testing speed of its model has reached one gigabit per second.
Xiang Ligang, director-general of the Information Consumption Alliance, said this year will only see a very small number of 5G smartphones sold, but companies are all trying to have the first-mover advantage to appeal to consumers.
According to a report by market research company Counterpoint, global 5G smartphone shipments are expected to reach 108.2 million units in 2021, up an estimated 255 per cent year-on-year.
source: technology.inquirer.net
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Tuesday
Huawei launches 3 new devices despite unpredictable future
Huawei unveiled three new devices in China on Friday, June 21, according to GizmoChina — the Nova 5, the Nova 5i and the Nova 5 Pro. While all are powered by some form of Android Pie, access could be limited.
Nova 5
The Nova 5 features a 6.39-inch OLED display, an in-display fingerprint scanner and is the first phone powered by the new Kirin 810 chipset. The front camera is housed inside a waterdrop-shaped notch, and the back is outfitted with a quad-camera set-up. It comes out of the box powering Android 9, but it is unknown if or when the device will lose access to updates.
The Nova 5 comes with 6 gigabytes of RAM, 128 gigabytes of storage, and will sell for 2,799 yuan or about $407 (almost P21,000). Pre-ordering opens Friday, June 28, with sales opening up on July 20.
Nova 5 Pro
While the Nova 5 Pro has the same display, camera set-up, battery and operating system as the Nova 5, it is equipped instead with the same chipset that powers the flagship P30 and Mate 20 smartphone series: the Kirin 980 processor.
The Nova 5 Pro comes with 8 gigabytes of RAM, up to 256 gigabytes of storage, and starts at 2,999 yuan or about $436 (around P22,000). It can be pre-ordered now and will officially go on sale on June 28.
Nova 5i
The Nova 5i, according to GizmoChina, is essentially a rebranded version of the mid-range P20 Lite device that was launched earlier this year. Instead of being powered by the Kirin 659 chipset, however, it uses the Kirin 710. The LCD display measures in at 6.4 inches and has a punch-out notch located in the top left corner.
Like the others in the series, the Nova 5i has a rear quad-camera set-up; in contrast to the rest of the lineup, though, the fingerprint scanner is on the back. The device uses a lower grade version of Android Pie.
The Nova 5i comes with 6 gigabytes of RAM, 128 gigabytes of storage, and starts at 1,999 yuan or about $291 (almost P15,000). The device is available for pre-order now with sales starting on June 28.
At this point, the Nova 5 Series is only expected to launch in China. RGA/JB
source: technology.inquirer.net
Nova 5
The Nova 5 features a 6.39-inch OLED display, an in-display fingerprint scanner and is the first phone powered by the new Kirin 810 chipset. The front camera is housed inside a waterdrop-shaped notch, and the back is outfitted with a quad-camera set-up. It comes out of the box powering Android 9, but it is unknown if or when the device will lose access to updates.
The Nova 5 comes with 6 gigabytes of RAM, 128 gigabytes of storage, and will sell for 2,799 yuan or about $407 (almost P21,000). Pre-ordering opens Friday, June 28, with sales opening up on July 20.
Nova 5 Pro
While the Nova 5 Pro has the same display, camera set-up, battery and operating system as the Nova 5, it is equipped instead with the same chipset that powers the flagship P30 and Mate 20 smartphone series: the Kirin 980 processor.
The Nova 5 Pro comes with 8 gigabytes of RAM, up to 256 gigabytes of storage, and starts at 2,999 yuan or about $436 (around P22,000). It can be pre-ordered now and will officially go on sale on June 28.
Nova 5i
The Nova 5i, according to GizmoChina, is essentially a rebranded version of the mid-range P20 Lite device that was launched earlier this year. Instead of being powered by the Kirin 659 chipset, however, it uses the Kirin 710. The LCD display measures in at 6.4 inches and has a punch-out notch located in the top left corner.
Like the others in the series, the Nova 5i has a rear quad-camera set-up; in contrast to the rest of the lineup, though, the fingerprint scanner is on the back. The device uses a lower grade version of Android Pie.
The Nova 5i comes with 6 gigabytes of RAM, 128 gigabytes of storage, and starts at 1,999 yuan or about $291 (almost P15,000). The device is available for pre-order now with sales starting on June 28.
At this point, the Nova 5 Series is only expected to launch in China. RGA/JB
source: technology.inquirer.net
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Saturday
Shanghai leads gains in Asia as China-US talks resume
SINGAPORE — Mainland Chinese markets led Asian indexes higher on Friday, as the U.S. and China kicked off a fresh round of trade talks in Beijing.
The Shanghai Composite index advanced 2.9 percent to 3,081.11 and Hong Kong’s Hang Seng jumped 1 percent to 29,055.99.
South Korea’s Kospi gained 0.6 percent to 2,140.67.
Japan’s benchmark Nikkei 225 rose 0.8 percent to 21,205.81.
The country’s retail sales fell slightly in February from a month earlier, preliminary data showed.
But industrial production rose 1.4 percent after a 3.4 percent decline in January.
The unemployment rate beat market expectations, falling to 2.3 percent in February from 2.5 percent in the previous month.
Australia’s S&P/ASX 200 edged 0.1 percent higher to 6,180.70.
Shares rose in Taiwan and most of Southeast Asia.
U.S. negotiators, led by Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin, attended a working dinner Thursday night with Chinese Vice Premier Liu He, who is expected to travel to Washington next week.
The three of them posed for a photo at a government guesthouse before negotiations resumed on Friday but did not talk to reporters.
On Wall Street, traders shrugged off a discouraging announcement by the Commerce Department. It said U.S. economic growth had slowed sharply in the last three months of 2018 to an annual rate of just 2.2 percent, due to weakness in consumer spending, business investment, government spending and housing.
Most indexes finished higher, as bond yields rose and financial, technology and industrial stocks climbed.
The broad S&P 500 index was 0.4 percent higher at 2,815.44.
The Dow Jones Industrial Average also gained 0.4 percent to 25,717.46.
The Nasdaq composite rose 0.3 percent to 7,669.17 and the Russell 2000 index of smaller company stocks picked up 0.8 percent to 1,535.10.
ENERGY: Benchmark U.S. crude added 31 cents to $59.61 per barrel in electronic trading on the New York Mercantile Exchange. It lost 11 cents to settle at $59.30 per barrel on Thursday. Brent crude, used to price international oils, edged up 30 cents to $67.40 per barrel. The contract shed 14 cents to $67.10 per barrel in London.
CURRENCIES: The dollar strengthened to 110.68 yen from 110.63 yen. The euro rose to $1.1231 from $1.1221. /gsg
source: business.inquirer.net
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Tuesday
Hainan envisions China as a medical tourism destination
BEIJING — Southern China’s Hainan province has unveiled plans aimed at building the tropical island into a world-class medical tourism hub, combining high-end medical tourism with characteristic Chinese healthcare.
The move follows a plan released a week ago by the National Development and Reform Commission to encourage tourism-related activities in Hainan, such as medical tourism, horse racing, sports betting and an instant lottery.
Focusing on four key areas — medical treatment, medical cosmetology, rehabilitation and health promotion — Hainan will introduce internationally renowned institutions, insurance providers and intermediary service agencies to build a high-end foundation for the international medical tourism market, the plan said.
In 10 years, Hainan is projected to become a major medical tourism destination with total annual business revenue reaching 40 billion yuan ($5.84 billion).
Eight major tourism projects will be developed, covering fields such as cancer treatment and rehabilitation, fertility therapy, cardiovascular and cerebrovascular disease treatment and rehabilitation, environmental healing and sports recuperation, traditional Chinese medicine and spiritual retreat.
Medical tourism has become one of the world’s fastest-growing emerging industries, and Hainan has unique conditions for developing it, Governor Shen Xiaoming said on the sidelines of the Boao Forum for Asia Annual Conference 2018 in April.
Under the plan, Hainan will tap its characteristic resources of vast coastal areas, tropical rainforests and hot springs to cultivate innovative healthcare and leisure products, and develop a high-end and characteristic medical tourism service system.
It will strive to establish a complete healthcare tourism service system that provides high-end, precision medical treatment and high-quality specialty in medical beauty and health promotion services, it said
To stimulate the industries, Hainan will explore flexible policies, regulatory models and management systems for investment, financing, fiscal and taxation, financial innovation, entry and exit, to create a highland for medical tourism opening up.
Worldwide, increasing convenience in transportation, expansion of the internet and improvement of people’s incomes have led to a booming medical tourism industry, which grows at about 20 percent annually around the globe. According to media reports, the business volume of medical tourism jumped to $700 billion in 2017 from $10 billion in 2000. In China, more than 600,000 people went overseas as medical tourists in 2016.
As a demonstration project, launched in 2013 by the State Council to explore international medical tourism, Boao Lecheng International Medical Tourism Pilot Zone has been granted nine special preferential policies including permission to import medical technology, equipment and medicine, and cutting-edge technological research on stem cells before other parts of China.
Twenty-seven medical projects have been completed or are under construction in the pilot zone, and another 38 projects have passed medical technology appraisals. Eight projects are now open. All projects in the pilot zone are targeted to be completed within five years.
According to Shen, the pilot zone will first attract domestic patients who would otherwise travel abroad, and later patients from Southeast and even the whole of Asia. Last year, medical institutions in Sanya alone received nearly 20,000 medical tourists from overseas.
“Hainan will first attract domestic tourists with advantages of prices, convenience, language and culture over outbound medical tourism,’’ said Chen Yangle, a professor at Hainan University’s Tourism College.
“The industry will also attract international medical institution investors. … In the long run, there will also be comparative advantages for Hainan to attract medical tourists from southeast Asian countries and other areas in terms of natural environment, favorable policies and convenient air services,’’ said Chen.
source: lifestyle.inquirer.net
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Sunday
At least 14 killed in China highway pile-up
BEIJING — Authorities in China say at least 14 people have been killed and 27 injured in a highway pile-up.
The accident Saturday night happened after a heavy truck lost control and crashed into a line of vehicles waiting at a toll station in the northwestern province of Gansu.
Last week, 15 people were killed after a bus to plunged off a high bridge into China’s Yangtze River in the western city of Chongqing.
In that previous crash, an eight-second surveillance video released by police showed the driver and a passenger arguing and grappling with each other in the moments before the bus suddenly veered across oncoming traffic and off the bridge. /ee
source: newsinfo.inquirer.net
Labels:
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