By late April, China had been hit by 129 African swine

 fever outbreaks, affecting all 31 provinces, municipalities and autonomous regions on the mainland, since the country’s first reported outbr

eak in Shenyang, Liaoning province, in August, according to the Ministry of Agriculture and Rural Affairs.

This resulted in more than 1 million pigs being slaughtered to prevent and control the disease, which is deadly to pigs but does no

t affect people. The ministry has called for intensified research and development to expedite the availability of va

ccines for disease prevention and control, but admitted difficulties due to the complex nature of the virus.

China is the world’s largest producer and consumer of pork, with an annual produc

tion of 700 million pigs. Pork accounts for 62 percent of meat consumption in China, and su

shlfec.com

The strong earthquake was also felt in parts of Ecuador

 FTSE Russell, a leading global multi-asset index, data and analytics provider, said Satur

day that it will add Chinese A shares to its widely-tracked global benchmarks next month.

The addition will be officially effective after the close of share markets on June 24.

According to the plan of FTSE Russell, this move marks the first stage of incorporatin

g Chinese shares into its indexes. In this stage, 1,097 Chinese stocks, or 20 percent of A shares, will be bro

ught into the indexes, drawing an expected $10 billion from passive investors.

FTSE Russell will add 40 percent of A shares to its indexes in September, and another 40 percent in March next year.

shlf17.com

Under the trade pressure, the world’s second-largest econo

onomy is accelerating restructuring reform and shifting from an export-dominated growth model to a more services-driven model, they added.

“The United States escalated trade tensions, but it cannot solve any problem. This causes volatility and sluggishness in global financial markets an

d hurts the global economy,” said Guo Shuqing, the People’s Bank of China’s Party secretary and also head of the China Banking and In

surance Regulatory Commission. His keynote speech was delivered by a commission spokesman at a forum on Saturday.

Impact on the Chinese economy will be very limited, said Guo. “Chinese fi

nancial markets, although they were excessively affected by trade tensions last year, are un

likely to be hit more dramatically going forward, as financial resilience is strengthening.”

The huge domestic consumer market in China will digest most of the un

salable exports, and many of China’s exports will also shift to other foreign markets. The US will con

www.shlf15.com

By late April, China had been hit by 129 African swin

fever outbreaks, affecting all 31 provinces, municipalities and autonomous regions on the mainland, since the country’s first reported outb

reak in Shenyang, Liaoning province, in August, according to the Ministry of Agriculture and Rural Affairs.

This resulted in more than 1 million pigs being slaughtered to prevent and control the disease, which is deadly to pigs but does no

t affect people. The ministry has called for intensified research and development to expedite the availability of v

accines for disease prevention and control, but admitted difficulties due to the complex nature of the virus.

China is the world’s largest producer and consumer of pork, with an a

nnual production of 700 million pigs. Pork accounts for 62 percent of meat con

sumption in China, and sustained outbreaks of African swine fever will cause devastating consequences to the pi

g industry and endanger China’s food security, the Chinese Academy of Agricultural Sciences said.

ashkk.com

Trump arrives in Japan for state visitUS President Donald Trump

 arrived in Japan for a state visit that will make him the first world leader to meet the country’s new emperor.

Trump and first lady Melania Trump arrived Saturday aboard Air Force One after a 14-hour journey. The president was h

eading to a dinner with business leaders at the US Ambassador’s residence in Tokyo after a brief airport welcome.

The visit is part of a continuing charm offensive by Japanese Prime Minister Shinzo

Abe that analysts say has spared Japan from far more debilitating retaliatory action by Trump.

The president has refused to lift the threat of slapping potentially devastating US

tariffs on imports of Japanese autos and auto parts on national security grounds.

US tariffs against Japanese aluminum and steel remain.

www.ash01.com

The IMF research, citing official data, found that the

 revenue collected by the US government through hefty tariffs on Chinese imports, has been paid almost entirely by US importers.

“Some of these tariffs have been passed on to US consumers, such as those on washing machines, wh

ile others have been absorbed by importing firms through lower profit margins,” the research said.

Any further increase in tariffs will likely be passed through to consumers, it said.

China and the US, the world’s two largest economies, have been embroi

led in a tit-for-tat trade confrontation over the past few months. Washington threatened to fur

ther escalate a tariff war and increased tensions by tightening restrictions on Chinese companies.

Earlier this month, the US raised tariffs on $200 billion of Chinese imports from 10 percent to 25 percent, and China took coun

termeasures. Then the US administration listed about $300 billion more of Chinese goods for possible tariff hikes.

shlfapp.com

As a result of China’s economic development, urban people are

 more stressed and anxious, so they want to be consoled. Food is a very good way to console oneself

and feel pleasure. When you are in a bad mood, you can quickly get a satisfying feeling by eating,” she said.

“It is on this basis that eating alone can relax one’s mind. When you eat, you can focus on the

eating process itself and you don’t have to think about other things. This is the best kind of rest.”

She said she has noticed that more young people are willing to step into the kitchen and

start cooking for themselves, despite the emergence of a wider range of eating options outside.

“The solo dining concept is not about ‘I’m single and I eat alone’, but more about people beginning

to pay attention to how to eat well, healthily and safely. This is not a trend about being single or eating al

one, but of paying attention to one’s diet and starting to pursue an individualistic lifestyle,” she said.

www.shlfwab.com

However, the temperature now is about 30 C, much hig

higher than in previous years,” she said. “Also, the rainy season is supposed to

begin after the May Day holiday, but I haven’t seen a drop of rain so far.”

Data from the National Climate Center shows that the average rainfall from April 1 to May 17 is 35.3 millim

eters, down almost two-thirds from the same period last year, the least recorded rainfall over that period since 1961.

In addition to the drought, the average temperature is 1.9 C higher than average for the period, the highest since 1961.

Chen, the chief forecaster, said that according to the mid- to long-term forecast ra

infall will relieve drought in the eastern part of Yunnan province, though its western part will still be plagued by the drought.

Surveillance from the National Climate Center shows that

drought is also occurring in the Inner Mongolia and Guangxi Zhuang autonomous regions, as well

www.hbLumei.com

On Monday morning, Xi visited the JL MAG Rare-Earth

 Co and learned about the company’s production of rare earths and the development of the rare earth industry in Ganzhou.

On the heels of the United States government announcement it will ban unauthorized exports of US technology to Hua

wei, by Monday, a number of major US tech giants, including Google, had reportedly stopped supplies.

Amid the escalating tit-for-tat trade blows between the world’s tw

o largest economies, the US putting Huawei, the face of Chinese hi-tech progress, on its Ent

ity List is no doubt a calculated blow to hit China and Huawei where it hurts. “America will probably use its ability to with

hold components from Huawei as a bargaining chip in a future trade deal with China,” The Economist reckons.

shlf19.com

hina Eastern asks Boeing for 737 MAX compensation

hina Eastern Airlines confirmed to news outlet The Paper on Tuesday it has officially lodged claims with Boeing for losses cause

d by the 737 MAX’s grounding and late delivery, adding the two companies will stay in communication over the issue.

The move makes China Eastern Airlines the first airline in China to ask Boeing for compensation, as the 737 M

AX suffered worldwide suspensions after two deadly crashes which took more than 300 lives in six months.

Fourteen Boeing 737 MAX jets under China Eastern Airlines have been grounded since March 11.

Boeing stressed that it refused to talk about any communications with its clients.

Bloomberg cited people with knowledge of the matter last Wednesday, saying

www.gzche.org