Trump must turn over financial records to House, judge rules

A federal judge in Washington ruled Monday against President Donald Trump in a financial records dispute with Congress.

US District Judge Amit Mehta, who was appointed by President Barack Obama, said T

rump cannot block a House subpoena of financial records. He sai

d the Democratic-led House committee seeking the information has said it belie

ves the documents would help lawmakers consider strengthening ethics and disclosure laws, among other things.

The committee’s reasons were “valid legislative purposes,” Mehta said, and it was not for hi

m “to question whether the Committee’s actions are truly motivated by political considerations.”

The decision comes amid a widespread effort by the White House and the preside

nt’s lawyers to refuse to cooperate with congressional requests for information and records.

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China will further open the financial market to welcom

e more overseas investors in. The cross-border trade and investment will be more free and convenient, said Pan.

He called China’s economy stable, as the major economic indicators were within a reasonable range.

In April, the National Bureau of Statistics said the purchasing ma

nagers’ index for the manufacturing sector stood at 50.1, indicating expansion as the reading was above 50.

The broad money supply, or M2, increased 8.5 percent year-on-year by the end of April, compared with 8.3 percent a year earlier.

“The prudential monetary policy was focused on countercyclical adjustments this year, maintaining flexibility as well as

ample liquidity to promote fast growth of credit and strengthened support of private and small enterprises,” Pan added.

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screenshot of the “father sharing” mini programher” is also

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-year to 305.24 billio

n yuan ($44.38 billion) in the first four months, the Ministry of Commerce said Thursday.

Meanwhile, investment from South Korea, the United States and Germany in Chin

a grew 114.1 percent, 24.3 percent and 101.1 percent year-on-year, respectively.

In April alone, FDI amounted to 62.95 billion yuan, up 6.3 percent year-on-year.

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ese civilization greatly promotes progress of human civilization

China’s paper-making, gunpowder, printing, compass, calendar, philosophy and people-oriented view have exerted profound i

nfluence in the world and greatly promoted the development process of human civilization.

Chinese civilization is an open system formed during constant exchanges and mutual learning with other civilizations.

In the future, China will surely embrace the world with a more open p

osture and contribute more dynamic civilization achievements to the world.

Confidence of civilization urged

Asia should enhance confidence of civilization.

We should keep exchanges and mutual learning with other civilization

s in the world, and strive to continue writing new brilliant chapters of Asian civilizations.

We should consolidate the cultural foundation of jointly building Asian com

munity of shared future and a community with a shared future for humanity.

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The company will consider adding employees, researc

ch and field development resources to expand in the Chinese market over the coming years, he said.

Ministry of Commerce spokesman Gao Feng said last month that the two countries’ negotiating teams are hashing out the text of a deal, including an enforcem

ent mechanism, based on mutual respect and benefit. Both countries, the world’s two biggest ec

onomies, have been intensifying their consultations and aiming to break the deadlock in a timely manner.

In the ninth round of trade consultations, negotiators discussed tec

hnology transfers, protection of intellectual property rights, non-tariff measures, the s

ervice sector, agriculture, trade imbalances and enforcement mechanisms.

Trade between China and the US amounted to 815.86 billion yuan ($121.7 billion) in t

he first quarter of the year, an 11 percent year-on-year decline, according to the General Administration of Cus

toms. In March, Sino-US trade climbed 0.1 percent to 291.35 billion yuan, according to the administration.

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He described the Belt and Road as a grand and peace

ful initiative, and credited the initiative for connecting countries from different regions, with different nationalities and cultures.

The BRI will provide a strong impetus for global economic growth and prosperity, he added.

Switzerland supports the BRI and commits to promoting the initiative in Europe, Maurer said.

He added that the country hopes to deepen bilateral cooperation in trade, investment and innovation with the initiative’s framework.

China and Portugal signed a series of cooperation documents on Monday — includin

g a framework agreement on third-party market cooperation — to strengthen their bilateral ties.

President Xi Jinping and Portuguese President Marcelo Rebelo de Sou

sa witnessed the signing of the documents in the Great Hall of the People in Beijing.

In talks with Rebelo de Sousa, Xi said China and Portugal are important strategic partn

rs for each other, with great convergence in their interests and strong complementary aspects in their economies.

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He said seeing is believing and he welcomes the stude

nts to visit China in the future.Kendra Le, a Niles North freshman, was thrilled about Xi’s response letter, the Chicago Tribune reported.

“I was surprised, very surprised,” Le was quoted in the report as say

ing. “It was an honor to receive a letter from him. It was really nice getting a letter from him.”

The report also said that Zhao Jian, the Chinese consul general in Chicago, personally

delivered the letter to a gathering of students enrolled in Chinese classes at Niles North on April 3.

Serena Meyers, a Niles North senior taking her first year of Chinese after thr

ee terms of Spanish, was not only happy to receive the response, but also ple

ased at how the Chinese leader made an effort to answer the questions her classmates posed.

“I was absolutely surprised,” she told the Chicago Tribune. “He has a lot to do and it was a

n honor he wrote back to us.”The Niles North High School began offering Mandarin courses in 2008.

daochuwan.cn

On investment, members of the cooperation mechan

nism will provide a fair and just environment and a level playing

field for foreign companies doing business in their own countries by upholding the principl

es of mutual respect, mutual benefit and fair competition, according to the guidelines.

On the role and significance of China-CEEC cooperation, the guidelines said the mechan

ism constitutes an important part of Europe-China relationship and complements the EU-China Compre

hensive Strategic Partnership and the EU-China 2020 Strategic Agenda for Cooperation.

Reaffirming their commitment to deepening their partnership for peace, growth, reform a

nd civilization, the participants to the leaders’ meeting expressed their support for the early conclu

sion of an ambitious EU-China Comprehensive Agreement on Investment, said the guidelines.

On the Belt and Road Initiative, the participants said they recognize the importance

of the initiative and the EU Strategy on Connecting Europe and Asia and welcome forging synergies between them.

www.exstorm.org

Environment officers detected benzene concentrations i

the air of 2.04 milligrams per cubic meter at a monitoring point 1 kilometer downwin

d from the explosion site at 10 am on Wednesday, a level about 17.5 times more than the national standard.

But at 10 am on Thursday and Friday, the benzene concentration at the same point was w

ithin the standard, according to the Ecology and Environment Department of Jiangsu.

While many human mothers pay big money for nannies to take care of their children, female golden snub-nosed monk

eys are happy to mother each other’s offspring, according to a new study by Chinese scientists.

What’s more, the practice has effectively saved the species from e

xtinction, according to the study recently published in the journal Science Advances.

Nearly 90 percent of golden snub-nosed monkey infants evaluated

over five years in Shennongjia National Park in Hubei province were nursed by their biological mot

hers and other females, usually relatives of the biological mothers such as grandmothers or aunts.

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The country will further open up its financial sector and

accelerate the process to fully lower the market access threshold for foreign investments in

banking, securities and insurance, the premier said. Service sectors, including medical care and educ

ation, will be opened up along with transportation, infrastructure and energy, he said.

Li said China will further make it easier for foreign companies to set up a venture capital presence and will improve regulati

ons on foreign investors’ strategic investments in listed companies and their mergers with and acquisitions of domestic enterprises.

Also, preferential policies for investments from Hong Kong, Macao and Taiwan w

ill remain unchanged, and greater development opportunities will be offered for them, Li said.

Wang Huiyao, president of the Center for China and Globalizaton, said he was impressed by Li’s speech to cl

ean up rules and regulations inconsistent with the Foreign Investment Law as well as to launch a more streamlined negative list.

“It shows China’s attitude of further opening-up, which is a higher-level and more concrete commitment of China,” he said.

Leif Johansson, chairman of global biopharmaceutical giant AstraZeneca, said

Li’s speech reflects the determination to create a more open, fair and transpare

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