n April 2018, Shanghai police arrested eight people from Shanlin (Shanghai) Financial In formation Service Co, which was involved in illegal fundraising of more than 60 billion yuan. The company, with a registered capital of 1.2 billion yuan, adopted a physical store and online ma rketing to take public deposits. From October 2013, the company opened over 1,000 physical stores across the nation and trained its employees to sell financial products through advertising and telemarketing wit h the promise of high interest. In 2015, the company opened online financing platforms to raise money. The company’s claimed investment projects were found to have no profit ability,Read More →

 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 the US, which is essentially a combination of representative democracy and market eco nomy. Under such circumstances, how can the US promote sustainable reindustrialization? Besides, reindustrialization is not possible without rebuilding or strengthening infrastructure facilities. And although the US leader has been claiming to implement a trillion-dollar infrastructure plan-and evenRead More →

 companies, Lu said that as for foreign enterprises operating in Chi na, there is no need for them to worry as long as their businesses are law-abiding. S President Donald Trump issued an executive order on Wednesd ay in which he declared a national economic emergency and banned the technology and services of “foreign adversaries” deemed to pose “unacceptable risks” to US national security. The US intention is so obvious that media outlets around the world have without exception interpr eted this as targeting Huawei, by excluding the Chinese telecommunications giant from US networks. Washington has repeatedly claimed that Huawei’s equipment poses a security threat,Read More →

World-renowned architect Ieoh Ming Pei, commonly known as I.M. Pei, has died at the age of 102 at his home in Manhattan, according to multiple reports on Thursday. Praised as “one of the most revered architects in the world” by The New York Times, Pei has le ft the world many of its most well-known architectural designs, among many other intangible heritages. Pei’s modern designs and high-profile projects led him to be considered one of the most high-prof ile architects of the 20th century, with the renovation of Paris’ Louvre Museum perhaps the most famo us project he embarked on. He was also involved inRead More →

anghai, before moving to the US in 1935. He studied at the Massachusetts Institute of Technology and Harvard’s design s chool, and spent the early years of his career designing buildings for a real estate developer in New York. Pei is known for his affection towards precise geometry and design details. He also ha d a strong reverence for light, as shown in the famous pyramid of the Louvre Museum. His significant works include the Jacob K Javits Convention Center in Manhattan (1979 to 1986), the Morto n H Meyerson Symphony Center in Dallas (1982 to 1989), the Bank of China Tower in Hong KRead More →

public offering at $17 per share on Nasdaq Stock Exchanges, CNBC reported on Friday. This price is at the top of its expected range from $15 to $17 in a regulatory filing, indicating the value of the company at about $4.2 billion. Luckin Coffee raised $150 million in the most recent Series B+ round of financing, lifting the B eijing-based company’s valuation to about $2.9 billion, the company announced on April 18. With the aid of new technology, Luckin Coffee provides customers convenient service with innovative business model. “The old way is people looking for coffee. With us coffee finds the people,” Luckin Coffee’s Co-founderRead More →

Guan said that the Chinese team will launch an appeal to the World Taekwo ndo, the sport’s world governing body, and the International Olympic Committee (IOC). “We will definitely appeal to the decision,” he said. “And th is referee’s qualification should be stripped of. This scandal is a serious damage to our sport.” Booing drowned out any cheers from British fans as Walkden was announced as the winner and Zheng refused to ack nowledge the Briton’s victory before sensationally collapsing on the podium and leaving the competition area in tears. “I have been doing this sport for 16 years, but this is the first timeRead More →

China’s Ministry of Commerce on Thursday urged the United States to correct its use of tariffs, and vo wed to take necessary countermeasures if the US’ new tariff plan targeting $300 billion in Chinese imports takes effect. The US government’s bullying behavior and maximum pressure regime on China violate mu ltilateral trade rules, ministry spokesman Gao Feng said at a regular news conference. The office of the United States Trade Representative proposed to take further action by imposing 25 percent of addition al tariffs on Chinese imports with an annual trade value of approximately $300 billion. The USTR is seek ing comment and will holdRead More →

While some netizens praised the story, others felt cheated for the home decoration advertisement afte r the video. Jiang Luxian, a lawyer from Chengdu, Sichuan province, said the advertisement probably violates relevant provisions of the A dvertising Law, and the creativity of “sharing father” is also improper for public order and traditions. Oppein, the creator behind the promotion, however, said on social media that it hoped everyone would pay attention to the lack of father figures, and return to the family for love. “Everything can be shared in this era, apart from family love,” the company said. China’s foreign direct investment climbed 6.4 percent year-on-yearRead More →

essure, and psychological experts say that thinking of nothing is a mental adjustment for people, which is good for health as it can reduce the risk of anxiety and depression by 25 percent, according to Workers’ Daily. If people can’t manage their emotions effectively under high pressure, it will harm their family life, work and social life, experts say. The suggestion sparked reaction from netizens, with Sina Weibo user Happy little witch123 asking, “Is it ok if I accumulate the daily five minutes and me ditate a hour on one day?” A WeChat user named yuenyuen said, “I’m not bragging but I can meditate forRead More →