Zhang Dawei, chief analyst with Centaline Property, sai

id the main reason behind this is the real estate market in some cities is at risk of going out of control, and the land market shows signs of overheating.

China’s house prices continued to stabilize despite slight increa

ses in April, according to the National Bureau of Statistics. Sixty-seven out of the 70 major Chi

nese cities saw an increase in the number of newly built homes that were sold in April.

On a month-on-month basis, new home prices in Dalian and Nanning rose 0.7 percent and 0.9 percent, re

spectively. On a year-on-year basis, new house prices in these cities grew 13.2 percent and 11.5 percent, respectively.

Although excluded from the 70 major Chinese cities surveyed by the N

ational Bureau of Statistics, Foshan and Suzhou also saw a surge in home prices in April.

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The number of captive pandas was 548 globally as of No

All outdoor activities are banned on Monday at all middle and

primary schools, kindergartens and middle voc

ational schools in Beijing, Beijing Municipal Education Commission said via Sina Weibo on Monday.

The move was taken after at least four people died in strong winds a day earlier.

Such activities include flag-raising ceremony, morning exercises and outdoor social practices.

At least four people were killed, more than 50 flights were diverted to other airports and two trains arrived late in Beij

ing on Sunday when strong gales flattened walls, knocked down trees and damaged farms.

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hipmakers including Intel, Qualcomm, Xilinx and Broad

roadcom will not supply Huawei until further notice, the report said.

However, blocking components to Huawei could also disrupt the businesses of American ch

ip heavyweights like Micron Technology and slow down the rollout of 5G wireless networks, Blo

omberg said, which in turn could hurt US companies that rely on the Chinese market.

In a Reuters report on Sunday, it said that Google has also suspended business with Huawei requiring the transfer of hard

ware, software and technical services, except those with open-source licenses publicly available.

Google China replied via email that the company is “complying with the order and reviewing the implications”, The Beijing News said.

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winners will represent them at the European Parliam

ament for the next five years. Each country gets certain seats based on proportional representation and chooses lawmakers based on its own rules.

Tian Dewen, a researcher in European Studies at the Chines

e Academy of Social Sciences, said that the coming elections are important barometers that reflect Eur

opean people’s attitudes toward their own governments as well as EU integration.

He is certain that nationalist and far-right parties will gain ground, but it is still possible that the mainstream groups, which a

re mainly politically center-left and center-right, will be able to effectively control the parliament. “If the current rul

ing parties lose many seats in the election, it indicates that they will face similar difficult situations in the followin

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DJI allays security fears after US issues warningployee holds t

Chinese drone manufacturer DJI said safety is at the core of everything the company does, and the security of its techn

ology has been independently verified by the United States government and leading US businesses.

The company’s statement came in response to an alert warning issued by the US Department of Homeland Security (DHS).

“We provide all our customers full and complete control over how thei

r data is collected, stored and transmitted. For government and critical infrastructure cust

omers that require additional assurances, we provide drones that do not transfer data to DJI or via the inte

rnet, and our customers can enable all the security steps DHS recommends,” the Shenzhen-based company said.

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Data cited from Zhaopin, an online recruitment platform

 shows that college students slated to graduate in 2019 have higher expectations of working in these cities, than in cities like Beijing, Shanghai and Guangzhou.

According to the platform, 44 percent of new graduates this year wish to find their jobs in new fir

st-tier cities, while only about 30 percent hope to work in Beijing, Shanghai and Guangzhou.

Yang Zheng, who graduated with a master’s degree from Fudan University in Shanghai in March, said th

at he received three offers from companies in the city, but finally chose a high-tech enterprise in neighboring Hangzhou.

“I’ve spent about seven years in Shanghai, it’s time to explore a new world,” he said, laughing. “The most importa

nt reason I chose Hangzhou is the city’s potential development in the high-tech industry, which can bring us more opportunities.”

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Huawei CEO addresses US ban, 5G and users’ rights

Ren said in an interview with Chinese media in Shenzhen on Tuesday that “We are very grateful to the

US companies. They have made a lot of contributions to us. Many of our consultants are from American companies such as IBM.

“We can make chips as good as those made by US companies, but it does not mean that we will not buy chips from them,” Ren added.

He said the company will not exclude US chips. “Instead, we should grow together. But if there is a

supply shortage, we have a backup. In the “peace period”, half of our chips are from the US companies and half

from Huawei. We cannot be isolated from the world.”Ren also highlighted that Huawei’s 5G plan will not be affected by

the US ban. “Others will definitely not be able to catch up with Huawei in 5G technologies for two or three years,” he said.

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From chips to its self-developed operating system, Huawe

wei has long been preparing for independent research and development in core technologies. It has the ab

ility to adjust to changes in the global market,” said Xiang Ligang, director-general of the Information Consumption Alliance.

Huawei has also made preparations with core chipsets. Existing st

ocks are thought to provide the company with a buffer of six months to a year, he said.

The root cause for the repeated twists and turns in the China-US trade talks lies, to a

great extent, in the United States’ serious deviation from, and disdain for, the objective laws of eco

nomics. The fact that China will never accept its unreasonable demands further complicates the matters for the US.

The US administration’s often competing and clashing objecti

ves-though many of them are understandable-cannot be realized simultaneously. For instance, the

US hopes to revive its industries and boost its real economy while maintaining the huge bubble in its financial market.

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To make up for the increasing savings gap, the US need

eds to introduce and use more foreign capital, which will further enlarge

the trade deficit. Therefore, the US cannot simultaneously maintain a high growth r

ate, invest massively in infrastructure, reduce the trade deficit and restrict the inflow of foreign capital.

What is really questionable is that, despite its contempt for over-regu

lation of the economy, the US administration has been trying to impose regulations on int

ernational trade, even for its trade partners’ domestic economic management.

Results for US may be unsatisfactory

The US administration’s more often than not conflicting goals have

resulted in the trade conflicts with China and other countries. For instance, China’s exports to t

he US grew 11.3 percent and its trade surplus with the US increased to $323 billion in 2018, up 17.3 percent year-on-year.

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As for China, the significant deviation in the US’ stanc

es and objectives in the trade talks should be a warning for it to more strictly stick to its principles. And t

he fact that the US wants to challenge the laws of economics should not be reason for China to try to do the same.

Australian Prime Minister Scott Morrison said his go

vernment had delivered a miracle result in Saturday’s election where it

unexpectedly looks set to retain office, saying the victory was for the “quiet Australians” who supported him.

“I have always believed in miracles!” Morrison told an e

xuberant room of Liberal Party supporters around midnight.

The coalition government is in position to remain in power with mor

e than half the votes counted on Saturday, though it is uncl

ear whether it can govern with an outright majority and final results may not be known this weekend.

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