Le Yucheng: The way China and the United States choose to live with each other concerns the well-being of the 1.7 billion Chinese and American peoples, and the future of the over seven billion people on this planet. When handling the China-US relationship, one should not only focus on what is at hand, or allow a tiny minority of anti-China elements to set the tone or lead it astray. It is vital to put the relationship in the broader context of the changing international landscape unseen in a century and the defining trend of peace and development of our times. Some issues may take more than one or two years to resolve. Yet we must shoulder the historic responsibility, take a forward-looking attitude, and assume a long-term perspective. It is important to think outside the box of electoral politics, take emotions out of the equation, and return to reason and pragmatism. We should start with the "three lists" proposed by State Councilor Wang Yi. Then the way forward won't be so hard to … [Read more...] about Reviving the Cold War is Anachronistic – Vice Foreign Minister Le Yucheng’s Exclusive Interview with Guancha.cn
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NPC extends operation of HK legislature
The Standing Committee of the 13th National People's Congress endorsed the decision at the close of its four-day meeting in Beijing. The decision stated that after the term of the sixth LegCo expires on Sept 30, it will continue to perform its duties for no less than one year until the term of the seventh LegCo begins. … [Read more...] about NPC extends operation of HK legislature
Youth faced reproductive, mental health challenges in lockdown: survey
Young women faced a “double burden” in many instances, said the PFI report, with 51% of girls reporting an increased workload of household and domestic chores due to the lockdown in comparison to 23% of boys. Young women were also more likely to report an increase in domestic fights as families were stuck within the home due to the pandemic. … [Read more...] about Youth faced reproductive, mental health challenges in lockdown: survey
Top 10 global banks by patent applications for inventions in 2019
The top three global banks with the most patents in applications for inventions are all from China, with WeBank taking the lead, followed by Industrial and Commercial Bank of China and Bank of China. … [Read more...] about Top 10 global banks by patent applications for inventions in 2019
Motherson swing to Q1 loss but sees Q2 recovery
Auto components maker Motherson Sumi Systems Ltd (MSSL) on Tuesday said it expects revenue to recover in the second quarter with the gradual unlocking of economies worldwide and demand bouncing back. “We’re not back to normal yet, but clearly there are visible signs that auto sales are picking up. We expect to reach 75-80 percent of the pre-COVID business levels by Q2," Pankaj Mital, COO, MSSL told ETAuto.As per the company, close to 84 percent of its plants globally are now running at 50 percent capacity. At present, the Samvardhana Motherson Group has over 270 manufacturing facilities across 41 countries.While plants in South Africa, particularly in Brazil, are still operating at 50 percent levels, plants in China and South Korea have touched almost 90 percent of their utilizations in the month July, Mital added.Even though the first quarter was a washout, economies have started witnessing green shoots of recoveryVC Sehgal, Chairman, Motherson Sumi Systems LtdMotherson … [Read more...] about Motherson swing to Q1 loss but sees Q2 recovery
