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Legal professionals from Hong Kong and Macao will be allowed to work as arbitrators in Nansha district of Guangz
hou as part of an effort by Guangdong province to strengthen cooperation with the two special administrative regions.
Nansha lies within the Guangdong Pilot Free Trade Zone.
The Ministry of Human Resources and Social Security has approved the introduction of the legal professionals, who
will work at the Court of Arbitration for Labor and Personnel Disputes to settle competing claims.
Sources at the court said the Hong Kong-and Macao-based arbitrators will be signific
ant in promoting the business environment of the Guangdong-Hong Kong-Macao Greater Bay Area.
“It will help provide high-quality, efficient and fast legal services for busine
sses, especially those whose investors include companies from Hong Kong and Macao,” the court said on Tuesday.
According to the development plan outline for the Greater Bay Area, which was unveiled on Mond
ay, Nansha district will develop into a pilot zone for closer overall cooperation in exchanges of h
uman resources, goods, materials, funds and information between Guangdong, Hong Kong and Macao.
The court said the first group of labor arbitrators from Hong Kong and Macao will be appointed in late 2019.
e diagnosis of the situation,” Czaputowicz said. “They have a similar perspective of problems in the Middle East, and also — let’s b
e open — the negative role played by Iran. … Howeve
n Union and the United States differ in terms of modus operandi, esp
ecially via evaluation of JCPOA or Special Purpose Vehicle and their possible impacts.”
Czaputowicz said that in talks, representatives of Germany, France, and the United Kingdom had spoken about the benefits of the nuclear deal.
Secretary of State Mike Pompeo backed up Pence’s aggressive stance on Iran during a press conference at the end of the summit.
Pompeo was asked about Pence’s criticism of three of the US’ closest allies — the UK, France and Germany — and what
the consequences would be, given Pence’s accusation that they were trying to “break up our sanctions.”
The top US diplomat sidestepped. “Look, we make no bones about” wa
nting Europeans to put more pressure and sanctions on Iran. “We respect the sove
reignty of every nation,” Pompeo continued. “But the United States is determined to convince all nations of the w
orld that it is in our collective best interest to deny” Iranian leaders the money they need, Pompeo said.
Pompeo took a stab at some damage control, saying there have been “lots of places” where Europea
n countries have taken on Iran forcefully and mentioned Germany’s decision to deny landing rights to Iran’s Mahan Air.
al environment, China’s monetary policy is expected to sail out of the “reefs” in 2019, becoming more flexible in maintaining its prudent, neutral, and marginally loose stance.
We believe that comprehensive and targeted cuts to reserve req
uirement ratios, reductions in open market rates, and increased use of targeted medium-term l
ending facility will become the main policy tools of China’s central bank in 2019. Only when extreme changes happen in the internal and external env
ironment (for example, the Chinese economy fails to stabilize in the middle of 2019 and the Fed doesn’t raise interest rates),
will the possibility of lowering the benchmark deposit and lending interest rates rise significantly.
hina will take measures to help domestic soybe
an and corn farmers, while also seeking to expand imports of certain agricultural products that are considered in s
hortage through diversified channels, according to a central government guideline released on Tuesday.
The plan, came before a new round of trade negotiations between Chinese and US officials set fo
r Thursday and Friday, shows Chinese policymakers’ determination to be le
ss dependent on US agricultural imports such as soybeans even if a deal is likely to be reached, industry analysts said.
ed from the US are lifted as a result of upcoming bilateral trade talks and China’s decision to resume soybean imports, “the
percentage of US soybeans in China’s total imports could further dwindle in 2019″ as the nation looks for w
ays to avoid further escalation in the weakening economic relationship, Jiao said.
In 2018, China purchased 16.6 million tons of soybeans from the US, about half of 2017’s level of 32.9 million tons and the lowest since 2008
, Reuters reported. Meanwhile, the country is buying more soybeans from Brazil, Argentina and Russia.
In January, relevant departments issued a soybean “rejuvenation” plan, aiming to boos
t soybean cultivation in traditional planting areas including Northeast China, Cent
ral China’s Henan Province, East China’s Anhui and Shandong provinces and Southwest China’s Sichuan Province.
The plan also specified that China will allocate 10 million mu (666,666.7 hectares) of land for soybean planting in 2019.