Footwear makers: cut and run from tariffsrtment at the

US sneaker giant Nike and fancy shoemaker Allen Edmonds have joined the chorus of busines s groups calling for the White House to hit the brakes on its move to raise duties on Chinese shoes an d other products, further challenging President Donald Trump’s claim that China is paying for the tariffs. A week after … Read moreFootwear makers: cut and run from tariffsrtment at the

Commenting on the suggestion of quickly shifting sou

rcing to countries other than China under the tariff specter, the FDRA said there had been com panies moving away, but “footwear is a very capital-intensive industry, with years of planning required to m ake sourcing decisions, and companies cannot simply move factories to adjust to these changes”. Douglas H. Paal, vice-president of the Asia … Read moreCommenting on the suggestion of quickly shifting sou

emphasized that the company was committed to con

ontinuously working with customers as well as industry and governme nt stakeholders to ensure its technology adheres to all of their requirements. The US Department of Homeland Security issued an alert warning on Monday that Chinese-made drones may be se nding sensitive flight data back to their manufacturers in China, where it can be accessed … Read moreemphasized that the company was committed to con

Sichuan-Tibet Railway to see high-speed trains at 200 kmh

he Sichuan-Tibet Railway, the second railway line linking the Tibet autonomous region to other parts of China, will opera te high-speed trains with a designed running speed of 200 kilometers per hour, thecover.cn reported. China Railway Eryuan Engineering Group Co Ltd, which is designing the line, revealed a draft plan on Wednesday that tra ins … Read moreSichuan-Tibet Railway to see high-speed trains at 200 kmh

Weaker economic growth puts at risk essential invest

ments in areas such as education, health, climate change adaptation and sustainable infrastructure. The growth outlook in all major developed economies and most developin g regions has weakened due to a confluence of both domestic and external factors, the report said. Following an expansion of 3 percent in 2018, world gross product growth is now … Read moreWeaker economic growth puts at risk essential invest

Wang Peng, deputy head of think tank China Center for

 Information Industry Development, said Huawei’s chip making arm HiSilicon can help Huawei ensure the s ustainability of its business to some extent, and its chip stocks “are expected to provide a buffer of six months to a year”. Huawei said it procured around $70 billion worth of components and services from i ts 13,000 suppliers … Read moreWang Peng, deputy head of think tank China Center for

Panda researchers hope algorithms and AI technology wil

The app and database will help us gather more precise and well-rounded data on the population, distribution, ages, gender ratio, birth and deaths of wild pandas, who live in deep mountains and are hard to track,” said Chen Peng, a researcher with the base who co-authored a paper on “Giant Panda Face Recognition Using Small … Read morePanda researchers hope algorithms and AI technology wil

President Xi inspects high-tech companyL MAG Rare-Earth

President Xi Jinping inspected a company that manufactures high-tech magnetic m aterials as he kicked off an inspection trip to East China’s Jiangxi province on Monday. Xi learned about the business operations of the JL MAG Rare-Earth Co Ltd, based in Ganzhou, which speciali zes in rare earth permanent magnetic materials, as well as the … Read morePresident Xi inspects high-tech companyL MAG Rare-Earth

industrial internet and the internet of vehicles are am

ong the country’s top development priorities in the telecommuni cations industry,” Zhang Feng, chief engineer of the Ministry of Industry and Information Te chnology, said on Friday during the World Telecommunication and Information Society Day. Zhang called for accelerated efforts to set standards in key areas, including 5G, to expedit e the commercialization of this … Read moreindustrial internet and the internet of vehicles are am

Yet the US expends huge amounts of its resources just to m

 maintain its monetary hegemony and thus ensure its financial sector offers higher pay and retur n on investment compared with the real economy sectors, which helps it to maintain its advantage in at tracting talents and capital. This in turn prompts the authorities to introduce more favorable policies and regulations for the enterprises based in … Read moreYet the US expends huge amounts of its resources just to m