Re-weighting of indexes 上海会所affect capital flows

Major stock and bond index providers have started, or have announced that they inten

上海会所d, to increase the weighting of China’s securities in their respective benchmark indexes over the course of 2019-20.

Global index provider MSCI Inc. announced in February that China’s coverage in the MSCI上海会所品茶微信

Emerging Market Index will increase from its coverage of 235 large-capitalization A-shares to 253 la

上海会所rge-and 168 mid-capitalization stocks. On a pro forma basis, A-shares will constitute 3.3 percent-a significant inc

rease from the current 0.7 percent-of the MSCI-EM Index when the process is completed in November.

The FTSE Russell, the first international index provider of the Chinese mainland’s benchmarks 20 years ago, has elevated Chi上海会所

na’s A-shares to emerging market status and started adding them to the FTSEEM Index from June 24, 2019. Upon f

上海会所品茶微信ull implementation of phase 1 by March 2020, the A-shares will make up 5.7 percent of the index.

And the Bloomberg Barclays Global Aggregate Bond (GAB) Index started the process of including China’s yuan-den上海会所

ominated government and policy bank bonds as a constituent on April 1. Other index providers, such as the FTSE R

ussell and JPMorgan, are reportedly also considering adding China’s debt to their indices.上海会所品茶微信

The MSCI, FTSE Russell and Bloomberg Barclays GAB indexes cover a

sizable share of the investible markets in the world. For example, the MSCI-EM alone is tr

上海会所acked by an estimated $1.9 trillion in assets under management (AUM) from pensions, endowments, passive funds, and

other investors. And the re-weighting of these major global investment indexes is expected to result in a re-allocation of capit

al across emerging markets. As a result, China’s asset market will inevitably become more important for glo上海会所

bal investors, notwithstanding the “noise” created by the ongoing US-China trade tension.

上海会所品茶微信Welcome shift for Chinese firms and global investors

An increased weighting for China’s securities in these indexes in the MSCI would me

an a larger allocation of AUM by foreign fund managers into the Chinese markets. While this shift would b上海会所品茶微信

e a welcome development for both Chinese enterprises seeking financing and global i

nvestors searching for emerging opportunities, it potentially represents bad news for other emerging markets.

gzbbccc.com

fficers from the Alataw Pass Customs check cargo bein

f the railroads and pipelines running through the Alataw Pass are the arteries of the boom

上海会所ing crossborder trade, Urumqi, Xinjiang’s capital, is working to position itself as the brain.

That goal has been brought within reach by a smart, real-time monitoring system th

at consolidates freight information and train timetables for the China Railway Express.上海会所品茶微信

The system is located at the Urumqi International Inland Port Area, a railway con

tainer distribution center of 67 square kilometers near the outskirts of the city.

Pointing to a giant screen showing trains in operation on a digital map, Ma Chunlei, an official with上海会所

the port area authority, was unable to hide his pride in the system, which will be officially rolled out in August.

The map is flanked by charts displaying different types of freight, trade volumes for inbound上海会所品茶微信

and outbound goods, and the number of trains currently passing through the region.

上海会所The highlight of the screen, according to Ma, is that it calculates how many cargo cars are empty

and available for reloading during the each train’s journey across the Eurasian continent.

“For example, we can tell that this train from Duisburg is scheduled to arrive in Urumqi in two days and it has 10 empty cars,” he said, circling the number with a laser pointer.上海会所品茶微信

“The capacity of those 10 freight cars could easily be wasted if we did not have access to such information and could not share it with businesses along the route,” he added.

“Thanks to the smart system, businesses in neighboring Kazakhstan can stockpile goods at designated stations (to be loaded) before the train continues on its journey to China.”

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A highlight of this yea上海会所品茶微信e rare stamp exhi

ibition drawn f上海会所品茶微信rom the collections of the China National Post and Postage Stamp Museum.

A lot of these rare stamps help record the transformation of China and its modern history, such as the coil

ing dragon stamps of the Qing Dynasty printed with the words “provisional neutrality” and “Republic of China”.

The overprints were added after the Revolution of 1911, when the Republic of China (1

912-49) overthrew the Qing government but did not have enough time to print new postage stamps.

he exhibition also included the manuscripts of Robert Alexis

de Villard, the original designer of the coiling dragon stamps. His manuscripts are the earl

iest stamp design records in the China National Post and Postage Stamp Museum’s collection.

“Considering a lot of postal materials from that era have been lost, his manuscrip

ts are an important record in China’s postal history, from which we can learn the ins and outs of stamp design du

ring that time,” says Ma Lin, vice-president of the Wuhan Philatelic Association.

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hina in a joint ope上海会所品茶微信ns rescues

olice in six cou上海会所品茶微信ntries, including China and Vietnam, have rescued

more than 1,100 foreign women who were abducted and forced into marriages for pro

stitution purposes, and arrested 1,332 suspects, according to the Ministry of Public Security on Friday.

Between July and December last year, police from six countr

ies — China, Myanmar, Cambodia, Laos, Vietnam and Thailand — conducted a special campaign to t

arget the abduction and trafficking of women in the border areas.

During the drive, police uncovered 760 abduction and marriage fraud cases. They

caught 1,332 suspects, including 262 foreigners. They rescued 1,130 foreign women and 17 children.

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We dodged a bullet, thanks to the financial knowledge

 I learned from free online courses,” Yang said.

Since 2013, he has been studying basic economi上海会所女神会所cs and finance on XuetangX, China

‘s first and biggest massive open online course platform, launched by Tsinghua University.

By April, the platform was hosting nearly 2,140 classes provided by top u

niversities from around the world and had more than 26 million registered users.

In recent years, China has embraced new technologies, such as artificial intelligence and big data, to provide lifelo

ng, equitable and personalized educational opportunities for its 518,900 schools and 276 million students at all le

vels-the world’s largest education sector, according to the Ministry of Education.

In a congratulatory letter to the International Conference on Artificial Intelligence a

nd Education in Beijing last month, President Xi Jinping said China is fully using the advantages of AI and has dee

pened its integration to facilitate reforms and changes in the education sector.

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Candice Chen, a graduate studying in Beijing, travel

led with a few of her friends to Japan in January. Despite living in Beijing, she bought return flight ticke

ts that departed from the nearby city Tianjin to Japan, and the return tickets cost less than 1,500 yuan in total.

“It’s a great deal as I can save more money for shopping in Japan. It’s convenient to take a high-speed train fr

om Beijing to Tianjin, which only took half an hour, and then I caught a taxi to go to Tianjin airport,” she said.

Last year, the per capita spending of college students on flights edged up 2.6 percent year-on-year, the study said witho

ut disclosing specific numbers, and indicated their high sensitivity on flight ticket prices. Despite that they try to save m

ore money in buying flight tickets, college students prefer to stay at better hotels.

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A similar survey conducted by China CDC in 2014 and

Despite a general decline, great difficulties still exist for China to bring

down the percentage of smokers to 20 percent by 2030, China CDC said in a statement.

The survey, released ahead of World No Tobacco Day, which falls on Friday, showed increasing public support for tobacco

control. More than 90 percent of those surveyed said they support a total ban on tobacco in the workplace, and mo

re than 95 percent said they support banning smoking in hospitals, middle and primary schools and public tr

ansportation. Nearly 80 percent said they hope to see a ban on tobacco in restaurants.

The survey showed adult smokers generally lack the willingness to quit, with only 16 percent planning to quit within the year.

Zhi Xiuyi, vice-president of the Chinese Association on Tobacco Control, said Chin

a faces severe challenges in tobacco control to protect people’s health, despite the progress ma

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Southwest Guangdong, Fujian and Jiangxi provinces

 are also expected to experience the weather in the coming days, along with some provinces in Northeastern China.

China has a four-tier color coded weather warning system, with

red representing the most severe, followed by orange, yellow and blue.

Environment minister and prominent pro-Brexit campaigner Michael Gove said on Sunday

he would be running to replace Theresa May as British prime minister, Sky News reported.

“I can confirm that I will be putting my name forward to be prime

minister of this country,” Sky News quoted Gove as telling reporters outside his house.

“I believe that I’m ready to unite the Conservati

ve and Unionist Party, ready to deliver Brexit, and ready to lead this great country.”

shlfco.com

There is huge consumer demand for internet services in

 our country. We must encourage fair competition, and ensure that

our measures to lower internet service charges are fully delivered as they are an impo

rtant part of our efforts in improving people’s lives,” Premier Li said.Baisu Gulang, a 37-year-old horse hea

d fiddle maker, makes a horse head fiddle in Qian Golos Mongolian autonomous county of Songyuan, Nort

heast China’s Jilin province, May 15, 2019. Under his father’s influence, Baisu Gulang has an ardent love in making and playin

g horse head fiddle, a traditional musical instrument favored by Mongolian ethnic group. He started lear

ning to make horse head fiddle when he was 18 years old. In 2006, Baisu Gulang started a horse head fiddle maki

ng studio where he voluntarily teaches enthusiasts to make and play the instrument besides selling

www.qianhuacz.com

Rich Chinese parents also caught up in college admissions scandal

Paying millions of dollars to secure their children a spot at an elite college may

sound absurd to many parents, but some are willing to do this.

Nicole Shen, the Chinese mother of a high school student in Palo Alto, California, said she would be wi

lling to pay a pretty penny upfront to get her daughter admitted to a top-tier university if she could afford it. “As long as eve

rything is legal,” she added.Zhao, 52, was introduced to William “Rick” Singer, a college consultant in California and the mast

ermind behind the scandal, by Michael Wu, who worked as an adviser at the Los Angeles area branch of in

vestment bank Morgan Stanley, according to the Los Angeles Times. Wu has since been fired.

Two wealthy Chinese families have recently been in the spotlight and t

he subject of widespread discussion after media reports showed they paid huge am

ounts in a high-profile college admissions scandal. The sums they paid dwarfed the typical amount footed by US parents.

The highest-known payoff to date is the $6.5 million by billionaire Zhao Tao, president and co-founder of Shandong Buchang Pharmaceuticals Co.

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