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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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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then to 0.20, together with the inclusion of Mid Cap China

 A shares, in the final step as part of the November 2019 Semi-Annual Index Review, according to the report.

About 109 companies will be added and three removed from the MSCI China A Onshore Index, whic

h will take place as of the close of May 28, and the three largest additions to this index would be the

Wens Foodstuff Group A, Contemporary A and Shenzhen Mindray A, the MSCI said.

In addition, the MSCI China A Onshore Small Cap Index will see 503 stocks added and 49 cut, with most of the new addi

tions coming from newly eligible ChiNext stocks, according to an official statement of MSCI.

MSCI also updated the list of China A Mid Cap securities that may potentially be adde

d to the MSCI China and the MSCI Emerging Markets Indexes as part of the third step of th

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The legislation states that Washington should condu

ct “regular sales” of “defense articles” to Taiwan and back its participation in international organizations.

“We urge the US side to keep its promise, abide by the one-­China policy a

nd the three joint communiques, and block the bill’s progress,” Geng said.

He urged the US to “appropriately handle the Taiwan question to avoid serious da

mage to Sino-US cooperation in key areas, and the peace and security of the region”.

Experts said the bill will further damage Sino-US relations, and the confr

ontational approach taken by the US against China will damage regional peace and security.

Yuan Zheng, director of US foreign relations research at the Institute of American Studies under the Chinese Academy of

Social Sciences, said the recent passage of US naval vessels through the Taiwan Straits, arms sales and

political support to Taiwan are meant to help Taiwan separatists and pressure Beijing.

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Two Chinese nationals were confirmed killed, the

Chinese Embassy in Colombo said.The embassy is verifying the number of Chinese injured in the attacks.

Earlier information from the embassy said that four Chinese nationals were injured

in the multiple church and hotel explosions that ripped through the island nation on the Easter day.

The Chinese Embassy has activated an emergency response mechanism immediately a

fter the blasts, and embassy officials have visited the injured who were in hospital for treatment.

Curfew and ban on social media imposed

The government has imposed a nationwide curfew from 6 pm Sunday to 6 am local time on Monday.

The Sri Lankan government has also imposed a temporary ban on social media to prevent the spread of false information.

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Bolstering high-end sectors part of capital’s plan to see

After 40 years of high-speed growth, China’s economy ha

s entered a high-quality development phase. Starting today, China Daily will feature a series of reports to sh

ow the new landscape across the country. This is the first installment of the series.

Beijing’s municipal government has been making efforts to develop high-end industries suc

h as 5G, artificial intelligence and the industrial internet in order to build the city into the nation’s scientific and innova

tion center, which is a core strategy of the capital’s high-quality growth plan, a senior officials said recently.

Lin Keqing, executive vice-mayor of Beijing, said the city is aimin

g to make new information technology and medical health twin drivers of the municipality’s growth.

“Beijing will make better use of resources to develop the biomedical indus

try and extend its value chain,” Lin said. “We have unveiled an international medical-use ro

botics innovation center in Zhongguancun, China’s Silicon Valley, and a group of companies in the sector.”

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The panda house at the Copenhagen Zoo, designed by

 Danish architectural firm Bjarke Ingels Group, is inspired by the Chinese yin and yang symbol. The facility allows the male and fe

male pandas to live apart most of the year, yet in proximity and with easy access to a common area when the female is in heat.

Copenhagen Zoo CEO Jorgen Nielsen hailed the impending

arrival of the two pandas as one of the biggest events in the zoo’s 160-year history.

China’s Belt and Road Initiative, proposed by President Xi Jin

ping nearly six years ago, has made practical progress, with 125 countries and 29 inter

national organizations having signed 173 cooperation agreements under the initiative framework as of March 27.

Under the initiative’s five cooperation priorities of policy coordination, facilities connectivity, unimpeded trade, finan

cial integration and people-to-people bond, there are a batch of projects, such as transportation const

ruction and industrial infrastructure, in full swing or already having yielded fruitful results.

Here are some of the amazing projects achieved worldwide under the initiative.

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our responsibility to eliminate this risk. We own it

nd we know how to do it,” Boeing CEO Dennis Muilenburg said in a video, according to the report.

Also on Thursday, an Ethiopian official confirmed news reports that the flight crew of the d

oomed flight had followed Boeing’s recommended procedures, at least in part, by disabling the automated anti-s

tall system of the 737 Max 8 but were unable to regain control of the plane before it crashed.

At a news conference in Addis Ababa, the nation’s transportation minis

ter confirmed earlier indications that the plane’s anti-stall system was repeatedly triggere

d in the minutes between the takeoff and crash, but he did not draw definitive conclusions about the crash’s cause.

“The pilots turned the MCAS on and off, but I can’t say how many times, because we will find t

hat out when we have the final report,” Dagmawit Moges, Ethiopia’s transportation minister, told The N

ew York Times. Moges was referring to the anti-stall Maneuvering Characteristics Augmentation System.

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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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Currently, all special purpose local government bonds are

domestically rated “AAA”, the safest level. The sale to individual investors is mainly of project-link

ed special-purpose bonds, a type of local government bond vigorously promoted by the government in re

cent years. The cash flows generated from the underlying projects will be used as the primary repayment sources.

In China, there are two types of local government bonds: general bonds and special purpose bonds. According to the country’s 2019 budget repor

t, which was approved by the top legislature earlier this month, the budgeted deficit for local governments is 930 billion yuan, up 100 billi

on yuan compared with 2018, and this fund gap will be supplemented by general bonds.

In the meantime, 2.15 trillion yuan of special purpose bonds will be issued to support la

rge infrastructure projects, such as shantytown renovation projects and railways, said the ministry.

Letting individual buyers invest in local government bonds is a way to narrow the government’s financin

g gap, said Hu Yijian, a tax professor at Shanghai University of Finance and Economics. The gap is expected to expand, as policym

akers decided to cut about 2 trillion yuan in taxes and fees this year while at the same time increase spending on investment.

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