But Myanmar still has some obstacles to deal with in order to attr

act foreign capital. The first is instability in the job market and relatively low labor efficiency. Particularly, the recent years have seen an increasing number of strikes and th

e failure of the government to ease industrial relations conflicts with effective measures has crippled investor confidence in the country. Some foreign ente

rprises even withdrew from Myanmar and shifted to neighboring countries, denting the image of the nation.

Second, Myanmar’s backward infrastructure may deter potential investors. A small number of power generation facil

ities and fragmented grids cannot ensure stable and sufficient power supply. Access to electricity is li

mited to only 26 percent of the population, impeding Myanmar’s economic development.

Third, some Myanmese are prejudiced against foreign investment. Worrying that Myanmar’s ec

onomic and social interests may be impaired, they turned their backs on foreign investment. De

monstrators rallied in Kachin State to demand the government permanently halt the Myitsone dam project, without giving any

constructive suggestion on the follow-up arrangements. It’s fair to say some movements against foreign-inv

ested projects, driven by nationalism and so-called environmental concern, are of no help in improving the country’s inv

estment environment, and have hijacked economic development. Respecting the spirit of the contract is a bas

ic requirement for modern states and their people. Myanmar State Councilor Aung San Suu Kyi recently said an a

dministration shouldn’t terminate foreign-invested projects approved by its predecessor.

www.daochuwan.cn


With the proscription of Azhar becoming a contentious

t impedes China-India relations, some Chinese scholars advise that China take India’s concern more into account. But Liu Zongyi, a senior fellow of the Shanghai I

nstitutes for International Studies, told the Global Times that India should, first of all, mind its approach. Should New Delhi resort to quiet dipl

omacy instead of extensively directing aggressive rhetoric to pressure Beijing, the Azhar issue could have been better addressed.

Terrorism in India poses a significant threat to Indians. Without solid evidence, India has long accu

sed Pakistan of sponsoring terrorist attacks by Jaish-e-Mohammed and other militant groups and China

of providing uncritical support for Pakistan. Instead of simply blaming other countries, especially Pakistan and China, shouldn’t the Indian government ma

ke more self-introspection on its anti-terrorism policy and dwell more on how to better administer the India-controlled part of Kashmir?

China and Pakistan are not enemies of India in countering terrorism. Despite the India-Pakistan dispute, New Delhi has comm

on interests in fighting terrorism with Islamabad and Beijing. It’s suggested India abandon suspicions and the three countries enhance consult

ations on regional security and strengthen anti-terrorism cooperation. Last August for the first time the militaries of India and Pakistan took part in

a mega anti-terror drill of the Shanghai Cooperation Organization (SCO) in Russia aimed at expanding cooperation among member countries to de

al with the growing menace of terrorism and extremism. Such momentum shouldn’t be disrupted.

With the approaching general election in India, nationalism could be easi

ly fanned and used by politicians to woo support. Blaming China and Pakistan for the terr

orist attack will arouse Indians’ anxieties over neighboring countries. A tough stance by the BJP government may help the

ruling party win more support. But this will risk anti-terrorism cooperation being sabotaged for the political interests of parties in India.

www.shlfwab.com


ending by banks surges in Januaryasures fend off nega

hina’s credit growth surged unexpectedly to a record pace in January, strengthening production in the real econo

my and easing overall downward pressure, People’s Bank of China, the country’s central bank, said on Friday.

Bank lending in domestic currency increased by 3.23 trillion yuan ($476.8 billion) last month, the fastest single-month growth

since the figure was first tracked in 1992. It increased by 2.9 trillion yuan in January 2018, the bank said.

Total social financing, a broader measure comprising all money the real economy receives from the fi

nancial sector, including off-balance-sheet financing activities, rose by 4.64 trillion yuan in Ja

nuary, which was also the fastest monthly growth ever, according to the central bank.

The month’s rapid credit growth was a result of a series of precauti

onary measures to ease the negative effects of slowing domestic demand and external h

eadwinds, according to Sun Guofeng, head of the bank’s monetary policy department, at a news conference.

www.shlfcl.com


He said it’s important to keep a historical perspective on

cting the outlook of China-US bilateral relations, saying that the two economies became deeply integrated over the past 40 years despite some headwinds.

“In the next four decades, China and the US can further promote mutual understanding while properly handling differences,” he said.

January marked the 40th anniversary of the establishment of China-US diplo

matic relations. Bilateral trade grew from less than $2.5 billion 40 years ago to more tha

n $630 billion in 2018. Over the same period, two-way investment rose from practically nil to more than $240 billion.

Chinese Ambassador to the US Cui Tiankai said at a recent event that China an

d the US need to develop even stronger ties in the future despite some differences.

“We need to develop an even stronger relationship on the basis of coordination, cooperation and stability” between the two countries, Cui said.

He said it was important for the two sides to have a much better mutual understand

ing on each other’s intentions and policies and identify common ground to stabilize the relationship.

China’s exports to the US climbed 1.9 percent year-on-year to 252.11 billion yuan ($37.21 billion) last month, according to official figures. During the peri

od, foreign direct investment from the US into the Chinese mainland recorded a 124.6 percent year-on-year growth.

www.wedding-gowns-whoLesaLe.com


Hopefully, the discussions over the past three month

hs have helped both sides to better understand each other’s concerns and fostered greater mutual trust.

That the feel-good atmosphere that has prevailed since the January discussions in Washington has been mai

ntained by this round of talks was evident as the negotiations are to continue in the US capital next week. This welcome dev

elopment was confirmed by Xi, who said he hoped the discussions would carry forward the positive momentum as i

t conformed to the interests of both countries to strengthen their cooperation.

Although it is probably too hasty to interpret from this that a deal is imminent given s

ome of the US demands, it is to be hoped that the just-concluded negotiations have laid the groundwork for

next week’s discussions to establish a framework for a resolution to the trade dispute, so that a meeting between Xi and T

rump, which is regarded as necessary to finalize any deal, can be scheduled for this purpose as soon as possible.

New progress on the outstanding difficult issues is imperative as the trade frictions have not been good for either country, despite claims to the contrary.

www.ex079.cn


The second opportunity is China’s reform. He said reform

has been and will continue to be a key driver of China’s economic growth. In 2018, corporate and individual tax cuts to

taled 1.3 trillion yuan, and industrial profit increased by 11.8 percent, compared with the previous year.

“As reform deepens in all areas, including sweeping fiscal and tax reform and stren

gthening of IPR protection, China will create more opportunities for the world,” he said.

China’s opening-up is the third opportunity. Liu said despite the steep drop in glo

bal FDI, foreign investment flowing into China totaled $135 billion, which was up by 3 percent last year.

The country is also lifting the restrictions on foreign ownership in joint-venture companie

s in sectors including banking, insurance, securities, auto manufacturing, and shipbuilding.

Moreover, as the Chinese people have an increasing appetite for overseas products, the country is moving from being a global seller to a global buyer.

ypcxf.cn


nited States President Donald Trump sent his greetings on Tuesd

ay to those celebrating the Lunar New Year via a statement on the White House website.

“This is a sacred time for many people of Asian descent, and it is an opportunity for all Americans to honor the important con

tributions these communities have made to the story of American greatness,” Trump said.

“As families, friends and loved ones gather to welcome the Year of the Pig, we j

oin in sharing our best wishes for good health, prosperity, and happiness,” he said.

Japanese Prime Minister Shinzo Abe greeted Chinese people by saying “Happy Spring Festival” in Mandarin in a video on Mon

day night, when the landmark Tokyo Tower was lit up by red lights as part of the New Year’s celebration.

Abe said last year was important in the history of Japan-China relations, and he sincerely wel

comes more Chinese friends to visit Japan and hopes more Japanese will go to China and build a bridge for exchanges.

www.wuxianzhongguo.cn


China, US to hold high-level economic, trade consultati

  US President Donald Trump (R) listens to Chinese Vice-Premier Liu He (L) during a

eeting to discuss trade issues in the Oval Office of the White House in in Washington, Jan 31, 2019. Photo/IC

  BEIJING – Chinese Vice Premier Liu He will hold a new round of high-level China-US economic

  and trade consultation with US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin in Beijing from Feb 14 to 15.

  US Trade Representative Robert Lighthizer (2ndR) speaks across from Vice-Premier Liu He (L) during the opening of US-China Trade Talks

  in the Eisenhower Executive Office Building at the White House in Washington, US, Jan 30, 2019. PhotoAgencies

  ding on the recent consultation in Washington, the two sides will have further discussion on issues of common concern.

  The US delegation will arrive in Beijing on Feb 11.

www.blghuafenchi.cn


Police in Russia have art theftd uncovered in Moscow t

Moscow in January 28 (xinhua) 28 (reporter liu Yang) Russian police annou

nced that it had uncovered in Moscow the day before the national season, denis polyakov gallery of art th

eft, and capture, a 31-year-old male suspect stolen paintings were retrieved intact.

According to local media reports, a famous stolen pain

ting is a famous Russian painter al heap, because of the Cri

mean Mr Petri peak.27, a man from Moscow state column season denis polyakov gallery to remove the m

asterpieces in public, and then quietly left the scene.Gallery announced that the painting was stolen and later the police.

Interior ministry spokesman said irina volk 28, a

suspect in the interior and the federal security service (FSB) were arrested in the raids.The police, ac

cording to his account from Moscow on the outskirts of a construction site to find the stolen paintings of intact.

www.xujiaqing.net.cn


Macao sets election date for members of chief executive e

he election of members of an election committee of the chief executive of China’s Macao Spec

ial Administrative Region (SAR) is scheduled for June 16, the government of the Macao SAR said on Monday.

According to the Basic Law of the Macao SAR, the chief executive, with a five-year te

nure for each term, shall be elected by a broadly representative election com

mittee in accordance with the law and appointed by the central government.

The election committee consists of 400 members from four sectors, including the industrial, commercial and financial sect

or; the cultural, educational, professional and sports sector; and the labor, social services and religion sector.

The committee also includes members of the Legislative Assembly of Macao, Macao dep

uties to the National People’s Congress and members of the National Committee of the Chinese People’s Poli

tical Consultative Conference, and members of local departments and organizations.

bbdq.com.cn