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.
ed “a very positive attitude and great perseverance” in competitions, the association s
aid on Friday. “We are confident that Team China will again try its best to chase their World Cup dream,” it said.
The association also announced that it has set up a preparatory gro
up for the upcoming election of new leadership, which is scheduled for next month.
Chen Xuyuan, chairman of Shanghai International Port (Group) Co, which owns th
e Chinese Super League’s Shanghai SIPG, has been appointed to lead the group.
According to Beijing Youth Daily, Lippi will arrive in Guangzhou, Guangdong province, on Tuesday. His first task will be to
compile a new list of 25 candidates for Team China, which will assemble on June 3 for training. Lippi’s assistants are curr
ently scouting matches in the Chinese Super League and the second-tier China League One.
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
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.
for more than 60 years and stayed true to his original aspirations. As a s
oldier, Zhang defended the country; as a civilian, he works for the people’s well-being, Xi said.
Zhang lives a life of simplicity, purity and indifference to fame and fortune, serving as a role
model for military officers, rank-and-file soldiers and veterans across the country, Xi said.
Zhang, a member of the CPC, was a soldier of Brigade 359 of the Northwest Field Ar
my, one of the main forces of the Chinese People’s Liberation Army during the Liberation War between 1945 and 1949.
He was honored by the Northwest Field Army sever
al times for performing meritorious deeds as he braved enemy fire. He was twice given the honorary title of C
ries boasting the concept, which originated in Japan, have sprung up in many cities includi
ng Shanghai, Xi’an, capital of Shaanxi province, and Shenzhen and Guangzhou, both in Guangdong province.
Kong Yanling is a big fan of singles-friendly restaurants. The 25-year-old unattached Xi’an res
ident remembers passing a Korean-style chicken restaurant a few years ago and deciding to drop in.
However, the waitress at the door told her the restaurant only served large, shared platters. Kong took the hint and left.
She has also found herself dining with strangers involuntarily when waiters have asked if she minded other people sharing her table.
“I don’t mind eating alone, but sometimes things like that really bugged me. I am ve
ry happy to see more singles-friendly restaurants appearing so there is more choice when eating out,” she said.