The Chinese city turns off street lights to hit the energy target

In order to meet the central mandate of energy consumption, local authorities in China turned off street lights, restricted heating, and banned the use of elevators.

For many months, factories in Yoho, dubbed China’s “Christmas city”, produced the majority of glitter, pearls, and other ornaments hanging from pine trees around the world.

But production almost stopped working in mid-December due to the local government turning off the lights.

Ma Hairu, who works at a factory that makes paper decorations for Christmas and New Year’s Eve, said his factory had difficulty meeting demand as they were only allowed to work for half a day.

Officials in Zhejiang province are racing to achieve the central government’s five-year plan for energy consumption targets, slated to end on December 31. Earlier this month, the local government issued a directive asking businesses not to let elevators operate below the third floor and only turn on the heating system when the outside temperature drops below 3 degrees Celsius.

“There is no electricity shortage [in Zhejiang]. Some parts of the province have self-imposed electricity restriction to save energy and reduce emissions,” said Zhao Shen Xin, Secretary General of the Development Committee and National Reform (NDRC), said last week.

Cutting energy consumption has disrupted the lives of millions of people. In a city of one million people, heating systems in offices, shopping centers, schools, and hospitals have been turned off, even though it’s only about 10 degrees Celsius during the day.

After a backlash on the network, the functional forces turned the lights back on. A government hotline operator told CNN on Dec. 23: “The lights are only off for a few days. Most are on now.”

However, other restrictions still apply. Yin Mingfei, a cafe manager at the downtown mall, said heating had been turned off for almost two weeks, while electronic billboards and escalators were inactive.

Cities and factories have been ordered to reduce or suspend production in the midst of orders flooding.

“Of course, the impact on the business is huge. Red envelopes orders are rushing in but I can’t fulfill them all,” he said. “So I had to refuse some applications.”

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Chinese people rushed to buy cars and jewelry (Part 3)

China also has one of the highest levels of income inequality in the world, on par with countries like Brazil. As a result, wealthy families play a disproportionate role in the Chinese economy.

Consumer research by multinational companies shows that these families are engaged in what they call make-up after the pandemic. “You have found that life can end unexpectedly, so you want to reward yourself,” said Jens Puttfarcken, Porsche CEO in China.

The Beijing auto show, held annually alternating with the Shanghai auto show, has been a pretty good lens over the years to point out the strengths and weaknesses of the Chinese economy. The event is increasingly dominated by high-end brands (in line with Chinese tastes) and global ambitious domestic manufacturers.

The exhibition also showcased China’s transition from a technology lagging country to the world’s largest electric car market. Ford launched a Chinese version of the new electric Mustang at the event. NIO announced an upgrade to self-driving software on electric cars allowing them to enter and exit highways on their own.

Polestar, a joint venture of Volvo Cars and Zhejiang Geely, announced plans to mass produce electric cars next year in Chengdu. Thomas Ingenlath, CEO of Polestar, said the company is building a completely new plant using only renewable energy.

Mr. Ingenlath is one of the few CEOs who has flown to China for the exhibition. Having just been out of the hotel after a two-week quarantine on entry, he marveled at the difference in everyday life between China and Europe because of the country’s success in preventing the pandemic.

Of course, the Chinese economy is still vulnerable. Rehabilitation is still possible, especially since the virus is suppressed so quickly that very few people have a chance to develop immunity. China has responded to this risk by upholding some precautions, even as others, like wearing a mask, have become less common, especially outdoors.

China is also preparing an extensive campaign this fall to carry out flu vaccinations, aimed at reducing the number of winter visits to clinics and hospitals, with symptoms likely to be mistaken for Covid. -19.

Another fear lies in the financial system. China’s state-owned banks have flooded the economy with huge loans at low interest rates, adding to long-term worries about bad debt. Shares and bonds of China Evergrande Group, one of the country’s biggest real estate developers, plunged last week on concerns about how it has managed over $ 120 billion in debt.

The third concern lies in the health of small and medium enterprises. This group often lacks the connections necessary to obtain loans from the state-led banking system.

In addition, the persistent social gap rules mean service industries are not recovering as well as manufacturing. Box office receipts at Chinese cinemas fell 57% in August from the same period a year ago, as spacing rules reduce theater capacity.

But these worries seem very distant at the auto show. Liu Xiaozhi, a former auto engineer now on the board of a car company, says the country’s success against Covid-19 has kept people comfortable spending money.

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Chinese people rushed to buy cars and jewelry (Part 2)

Rich Chinese are ready to shop. Restaurants, hotels and airports crowded again. Beijing hotels have nearly doubled their room rates since the pandemic cut but are still full.

And while international flights are still suspended, major airports in Guangzhou and Chongqing have nearly as many domestic arrivals as last year.

The spending activity of customers like Mr. Cao has increased sales for luxury car manufacturers like Porsche. The company even brought electric Porsche Taycan cars from Germany for sale. “Life goes on without any major impact from the pandemic,” commented William Li – founder and CEO of electric car company NIO (China).

The question of when the middle class spends has also been answered. In April, when sales of full-size and luxury cars recovered rapidly, small-car sales remained weak throughout the spring and summer despite strong discounts from automakers.

Now, however, sales in this segment have almost caught up with last year’s pace. Earlier this year, concerns about viral infection on public transport drove up car sales. But even in recent weeks, when the sentiment of fear has subsided, sales have risen sharply. “Cheaper models are recovering, too,” said Yale Zhang, CEO Automotive Foresight, a consulting firm in Shanghai.

Edward Cai, a 26-year-old consultant in Beijing, spent very little earlier this year. But now, he is going to the movies again. A month ago, he even traveled to the southernmost tip of China. “Most of my spending has been withheld during the pandemic,” he said, “but now I have been spending it again.”

However, not all Chinese are afforded equal spending. Many low-income workers and university graduates have yet to find jobs after the translation. Some are working with lower wages. Businesses and consumers in some cities are still having trouble.

“The richest regions are doing better, especially the export areas along the coast. Meanwhile, the rest of the country is lagging,” said Derek Scissors, chief economist at China Beige Book, said.

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Chinese people rushed to buy cars and jewelry (Part 1)

Visitors bustling at the auto show in Beijing recently is a positive signal for China when the world bogged down in recession.

In early March 2020, the world’s leading auto show in Geneva was canceled. Later, when Covid-19 spread globally, a series of other exhibitions in Detroit, Los Angeles, New York, Paris and São Paulo were not held either.

So, after a long pause, the first major auto show since the pandemic opened last weekend in Beijing, giving manufacturers the opportunity to introduce new models and ideas. Big idea for the future.

Under the bright lights, CEOs and car lovers saw new products from both the West (like Ford or Volkswagen) and Chinese rivals. SUVs, sedans and other cars are targeting Chinese consumers who have surpassed the Covid-19 and are eager to spend.

Automakers are chasing people like Ben Cao. Cao – a 33-year-old consultant in Shanghai and his wife bought a dark blue Porsche Panamera sedan in May to replace the Range Rover Sport. Later, he bought a light gray Porsche Cayenne in July to replace the Audi TT Roadster. When the theaters reopened in the summer, Cao’s family also went to see popular dramas like “Tenet” and “Eight Hundred”.

A few days ago, when buying a new ring for his wife at a high-end jewelry store, Cao realized that many people had similar needs. “Some extremely expensive pieces of jewelry are out of stock,” he said.

China saw negative growth in the first quarter of 2020. This is the first quarter of decline in the modern era. But then the country grew again. Factories supply the world with goods. The government lends strongly to large infrastructure projects. China’s third quarter GDP is expected to accelerate, though the rest of the world is sluggish.

The rebound in spending started with the rich and spread to middle-class families. Even so, many low-income workers are still facing difficulties. Last month’s retail sales rose 0.5% over the same period in 2019, the first increase this year. Xibei, a mid-range restaurant chain across the country that had almost no customers earlier this year, now records sales from September 18 to 24, up 4.5 percent from the same period last year.

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Why can’t the Chinese military take over border outposts from India?

In recent days, the Indian military has shifted from border control to a regime of border defense in the Actual Control Line (LAC). Every attempt by the Chinese soldiers to take over the Indian army outposts was hopeless, the Hindus Stan Times reported.

“The Indian military has activated the border defense regime safely enough to prevent any encroachment by Chinese soldiers in Ladakh. We have calculated and deployed forces properly, ensuring that all outposts are strictly protected”, a senior official with the Indian Defense Ministry told Hindus Stan Times.

According to the Indian Defense Ministry, since the small clashes on the night of August 29, Chinese soldiers have repeatedly violated, wanting to take over the Indian outposts at peak positions in Pangong Lake, Ladakh, but not success.

The Indian army has dispatched additional special units such as the Special Forces of India (SFF) to the LAC. This is the force that plays a major role in dealing with the Chinese army at the border. The Indian army currently occupies key points, especially important in Pangong Lake, according to the Hindus Stan Times.

India also dominated at many other LAC high points, giving its troops the ability to clearly observe every move of the Chinese army.

According to the official, although negotiations are still underway, the Indian soldiers have been ordered to remain vigilant, ready to respond to the worst of situations.

In the latest statement on September 3, India said that China should “have a sincere attitude” to completely resolve the border issue. According to India, negotiations are “the only way” to the LAC issue.

According to Mr. Kumar, on the morning of August 31 local time, many Chinese soldiers tried to occupy an Indian outpost, just as the command negotiation between the two countries’ armies was taking place.

For its part, China argues that India is the “first provocative” party and must “bear full responsibility” for the recent tensions at the border.

On September 3, the Ministry of Commerce expressed strong opposition to India’s ban on 118 Chinese applications.

“India’s actions have seriously violated the legitimate interests of Chinese investors. We urge India to immediately end its mistakes, “said Gao Feng – spokesman for China’s Ministry of Commerce.

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UK: Positive Deputy Minister of Health, who attended the event with the Prime Minister

The UK has nearly 400 coronavirus infections including the Deputy Minister of Health. Companies in foggy country still require an employee to work unless the person is ordered to be on home isolation and mild symptoms are not a reason to leave work.

Deputy Health Minister is F0, Prime Minister is F1

UK Deputy Health Minister Nadine Dorries tested positive for the virus and is quarantining himself at home. The above information appears at a time when the UK had 382 cases of infection and 6 deaths of COVID-19. The 6th person to die from the virus is an old man over 80 years old and has many medical conditions.

The 62-year-old female deputy minister, a Conservative MP, said the UK Health Department had begun looking for people who had contacted her. Her offices at the Ministry of Health and Congress have been closed to guard against viruses.

UK: Positive Deputy Minister of Health, who attended the event with the Prime Minister, what is the attitude of the people about corona virus?  - Photo 1.

Dorries started having her first symptoms on March 5. On the same day, she attended an event on Downing Street hosted by Prime Minister Boris Johnson and began quarantining herself on March 6. Downing Street No. 10 does not say whether Boris Johnson will test for the virus and when it will ever be tested.

The Deputy Health Ministers and other officials who contacted her were quite worried and had to go for testing. Deputy Minister Matt Hancock wrote on Twitter that Ms. Dorries did the right thing by quarantining herself at home and wishing her well.

“I understand why people are worried about this translation. We will do everything to keep everyone safe, based on scientific insights up to this point,” he added.

Dorries described on her personal Twitter account that: “The situation is quite unpleasant, but I hope I get through the worst.” However, she worries about her 84-year-old mother. The grandmother lives with the female deputy minister and has shown signs of coughing since March 10.

How did the British government respond?

The UK Public Health Agency has conducted more than 25,000 corona virus tests across the country. The country’s Ministry of Health also said it would improve testing capacity, making it expected that the number of infections would rise. In addition to the UK, other regions of the United Kingdom, Scotland, Wales and Northern Ireland, will also increase testing and will be willing to share with the entire Union if needed. In Scotland 27 people were positive for the virus, 16 people in Northern Ireland and 15 people in Wales.

91 people infected in London, the next area with a high rate of infection is the Southeast with 51 cases.

UK: Positive Deputy Minister of Health, who attended the event with the Prime Minister, what is the attitude of the people about corona virus?

The British Foreign Ministry warned its citizens not to go to Italy unnecessarily after Italy ordered a blockade of the country and was the worst outbreak country outside China.

The State Department also recommended that those returning from Italy from March 10 to quarantine themselves for 14 days. The government says they have enough room for Italian tourists in the UK who need to be quarantined.

British Airways canceled flights to and from Italy until April 4 and asked its employees to volunteer for unpaid leave during this period. Easyjet, Ryanair and Jet2 also canceled flights to Italy although EasyJet will organize “rescue” flights to bring Britons back from Italy in the coming days.

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US billionaire Bill Gates declared shock on the Covid-19 test in the US

Bill Gates criticized the current Covid-19 test in the US as completely wasteful, in an interview with CNBC.

According to CNN, US billionaire Bill Gates, founder of Microsoft Corporation, believes that people need to know the results sooner to be able to change behaviors, self-quarantine, avoid infecting others.

“The simplest thing related to this type of work is that you should not pay for a test, but it takes more than 48 hours for the results,” said Bill Gates.

“Such a test is a complete waste. With the numbers we’ve tested, most are wasted”, Bill Gates added.

The United States was slow to develop national testing when the Covid-19 epidemic broke out early. Experts say the turnaround time for testing tests has prevented efforts to slow the spread of the virus.

Brett Giroir, assistant medical secretary at the US Department of Health and Human Services, agrees with Bill Gates that testing time needs to be improved.

“I can say that we will never be happy until the test time decreases to 24 hours. I would be very happy if we can test quickly anywhere, but not yet. Okay. We are trying our best to do that”, said Giroir.

Giroir said half of the tests in the US are done in large commercial laboratories, with an average test time of 4.27 days. “We need to improve this system”, he said.

At the moment, there are two more US laboratories authorized to do group testing, which helps improve performance, Giroir said. Outbreak cities have also added quick test kits.

The US conducted 733,243 tests on July 28, nearly three times the number of tests in late April, according to CNN.

Gates, 64, owns a net worth of $ 98 billion. He and his wife founded and donated $ 36 billion to the Bill and Melinda Gates Foundation with the goal of improving health care and reducing global poverty. The fund has up to US $ 46.8 billion, according to a 2018 report.

Billionaire Bill and Melinda Gates have donated $ 100 million to the campaign against Covid-19 and are sponsoring 7 vaccine studies for Covid-19 worldwide.

As of July 29, the United States has recorded the number of Covid-19 deaths that exceeded 150,000, the highest in the world, according to John Hopkins University statistics. The number of Covid-19 infections in the US is nearly 4.4 million, also the highest in the world.

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China officially passed Hong Kong security law

The Standing Committee of the National Assembly of China has just passed the Hong Kong security law, which is expected to take effect from July 1, with a maximum sentence of up to life imprisonment for those who break the law.

According to South China Morning Post sources, the law was unanimously approved by 162 members of the National Assembly Standing Committee within 15 minutes of the meeting starting at 9 am – June 30.

The Basic Law Consultation Committee of the Hong Kong Special Administrative Region is scheduled to meet on June 30 to discuss the inclusion of the law’s content in Annex III of the Hong Kong Basic Law. In the afternoon of the same day, Hong Kong delegates at two leading Chinese legislatures will meet at the Beijing Liaison Office in Hong Kong.

Trung Quốc chính thức thông qua luật an ninh Hồng Kông, Mỹ ra tay trước - 1

According to the South China Morning Post, only a handful of Hong Kong delegates at the Standing Committee of the National People’s Congress (NPC) could see the draft law before it is passed. This point has raised a lot of controversy in the public opinion about the transparency of the new law, especially when it will have far-reaching consequences. 

All Hong Kong delegates at the China People’s Political Consultative Conference and the NPC were asked to attend a brief meeting on the new law at the central government liaison office at 15 o’clock today (local time).

A source told the South China Morning Post details of the newly approved law will be posted on the Xinhua News Agency in the afternoon of June 30. This is the first time Chinese and Hong Kong public opinion has been fully informed of the new security law. 

Hong Kong security laws prohibit separatist, subversive, terrorist acts and collusion with foreign forces that threaten national security. According to the South China Morning Post, the maximum penalty imposed is life imprisonment, contrary to the 10-year limit information given previously. 

Trung Quốc chính thức thông qua luật an ninh Hồng Kông, Mỹ ra tay ...

The Standing Committee of the Chinese National Assembly begins its special session on June 28. The session lasted 3 days and the voting was conducted on the last day. 

The time when Hong Kong’s security law is expected to take effect is the 23rd anniversary of the city being handed over to China by Britain. Many people worry that Hong Kong’s security laws will affect the autonomy of the special zone as well as the principle of “One country, two regimes” here, which are conditions for Hong Kong to become a world financial center. 

The Hong Kong security law was passed just a day after China’s Ministry of Foreign Affairs announced it would restrict visas to visas for US citizens who seriously interfere with Hong-related matters. Earlier, Washington revoked the privilege of Hong Kong, causing a large number of mainland businesses to find ways to export goods to the US through the Hong Kong gateway to avoid taxes falling into the narrow door.

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The British Prime Minister said he would not abandon Hong Kong people

Prime Minister Boris Johnson said Britain would not leave the people of Hong Kong if China imposed national security laws contrary to the 1984 agreement.

The Chinese National Assembly last week passed a decision on drafting and enacting national security laws for Hong Kong to deal with foreign rebellion, secession, terrorism and interference activities. The mainland’s intelligence and security agents may be allowed to operate for the first time in the city, one of China’s two special administrative regions.

anh se khong roi bo nguoi dan hong kong anh 1

Prime Minister Johnson reiterated his commitment to giving British passport holders British citizens abroad (BNO) in Hong Kong the path of British citizenship – allowing them to settle in the United Kingdom.

The BNO status was granted to British Citizens of the Independent Territories (BDTC), affiliated with Hong Kong as part of the agreements accompanying the 1984 Joint Declaration, as Britain prepared to hand over Hong Kong to itself.

BNO passport holders are subject to consular assistance by the British government in third countries. The British Government also allows holders of this passport to enter the UK without a visa for up to 6 months as a tourist.

About 350,000 BNO passport holders in Hong Kong and 2.5 million others qualify for the passport, Johnson said.

The Times newspaper also said the British National Security Council on June 2 agreed on rebalancing relations with China.

Thủ tướng Anh Boris Johnson nói sẽ không bỏ rơi Hong Kong - Báo ...

On the same day, London called on Beijing to reconsider the promulgation of the national security law in Hong Kong, saying that the law threatens to destroy one of the jewels of the Asian economy while destroying its Chinese name.

Raab said if China enacted a security law in Hong Kong, the UK would implement a new policy that allows BNO passport holders to come to the UK without a 6-month time limit, allowing them to live, study and work in the UK for up to 12 months, and from then on can be naturalized.

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Uncertain fate of US-China trade agreement

The future of the US-China trade deal is likely to be decided next week as President Donald Trump becomes increasingly dissatisfied with Beijing.

President Trump is torn

In the context of US-China relations are in tension around many issues, trade representatives of the two sides on 8.5 suddenly had a phone call that is believed to bring many positive signals. Reuters quoted a statement issued by China ‘s Ministry of Commerce after a phone call emphasizing that the two sides agreed to strengthen macroeconomic cooperation and public health efforts to create favorable conditions to implement the agreement. trade phase 1, at the same time pledging to maintain dialogue.

Tương lai thỏa thuận thương mại Mỹ - Trung trở nên khó lường	 /// Shutterstock

However, in an interview on Fox News later, US President Donald Trump said he was in a difficult period with China, especially on trade issues. According to the White House owner, he was very tough with China and reached a good deal, whereby it had to buy $ 250 billion of US products, but then the Covid-19 pandemic occurred.

Newspaper The New York Times led many data showed China is far less purchasing power as desired by the US under an agreement with the Czech stage 1. This country has just stood up from translation Covid -19 is unlikely meet the goals set by the agreement until the end of 2021.

These developments are said to be increasingly eroding President Trump ‘s faith in China, especially when the leader said that Beijing “concealed a bad mistake” about the Covid-19 epidemic, causing tens of thousands of Americans died and millions lost their jobs.

On Friday, President Trump threatened to cancel the first-stage trade deal if China did not buy enough quantities and promised to assess Beijing’s compliance before the following weekend. Answering on Fox News, President Trump said he was “very torn” about the future of the agreement but has not made a decision.

Serious consequences

Relations between the United States and China are believed to be escalating to a more intense level than the trade war period in 2019. In addition to trade disagreements, the United States also conflicts with China over the Covid-19 pandemic, policies with Hong Kong and Taiwan and China’s destabilizing practices in the South China Sea.

Mỹ - Trung đẩy nhanh tiến độ thực hiện thỏa thuận thương mại giai ...

Observers said the discord would be further pushed up if the first-phase trade agreement did not progress properly as the Trump administration considered it an important achievement, helping to strengthen the re-campaign.

Prior to the 8.5 day phone call, US Treasury Secretary Steven Mnuchin warned of “very serious consequences” in US-China relations as well as the global economy if China did not comply with the agreement with the US.

Currently, there are still many opinions in the US that expect the White House to delay. US National Economic Council Director Larry Kudlow said on Friday that China is still assuring the US that it will honor its commitments, according to Bloomberg.

Meanwhile, the US-China Business Council (USCBC), which represents US companies operating in China, said it was too early to assess China’s commitment as the deal was only valid. from mid-February when the disease occurred. USCBC President Craig Allen said the situation would be extremely unstable if the US withdrew from the agreement without giving China the opportunity to make commitments.

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