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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.
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.”
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.
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.
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.
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
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
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.