Category Archives: Golden Stuff

China issues statement on Sino-US

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According to ECNS, Chinese and U.S. teams, led by Chinese Vice Premier Liu He and U.S. Secretary of Commerce Wilbur Ross, held economic and trade consultations in Beijing from June 2-3, according to a statement issued by the Chinese side.

“To implement the consensus reached in Washington, the two sides have had good communication in various areas such as agriculture and energy, and have made positive and concrete progress while relevant details are yet to be confirmed by both sides,” the statement said.

Liu is also a member of the Political Bureau of the Communist Party of China Central Committee, and chief of the Chinese side of the China-U.S. comprehensive economic dialogue.

“The attitude of the Chinese side remains consistent,” said the statement. To meet the people’s ever-growing needs for a better life and the requirements of high-quality economic development, China is willing to increase imports from other countries, including the United States, which will benefit people of both countries and the rest of the world, it noted.

“Reform and opening-up as well as expanding domestic demand are China’s national strategies. Our set pace will not change,” the statement said. The outcome of the talks should be based on the prerequisite that the two parties meet each other halfway and will not engage in a trade war, according to the statement.

“All economic and trade outcomes of the talks will not take effect if the US side imposes any trade sanctions including raising tariffs,” the statement said.

Redefining US-China relationship

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According to The Epoch Times, as President Donald Trump appoints increasingly hawkish foreign policy hands to assert U.S. trade interests, a veteran China expert whose views closely mirror that of new national security adviser John Bolton suggests that exposing human rights abuses is the best tool for redefining relations with an aggressive China.

Dan Blumenthal is the director of Asian studies at the American Enterprise Institute and previously advised the U.S. government on China issues for over a decade. He said that while the United States is locked in a strategic competition with China around the world, an effective pushback cannot be a purely military endeavor, but must include an organized effort to expose abuses by the Chinese communist regime.

“The No. 1 weapon we should never give up is human rights,” said Blumenthal, who delivered a keynote speech at the SAIS Asia Conference on March 30. “[Human rights] is a powerful tool for the United States to stay in the center in China and to stand with those who are oppressed.”

Blumenthal pointed to the Chinese regime’s persecution of Uyghurs, the Muslim ethnic group in China’s Xinjiang region, as a topic that should be targeted by U.S. human rights efforts. Doing so could help decouple China’s strategic relations with Muslim majority countries such as Indonesia, Malaysia, and the Gulf states, all of which are at the frontier of China’s global expansion of power.

“China’s policies in Xinjiang are some of the most oppressive toward the Muslims in the world, yet few people know about them,” Blumenthal said, arguing that the U.S. State Department needs to “step up to the competition” and set up an information office similar to the ones established in the Cold War to highlight bad behavior by China.

Blumenthal’s comments follow Trump’s announcement on March 22 that Bolton, a former U.S. ambassador to the U.N., will replace H.R. McMaster as national security adviser, starting April 9.

US might retreat from its tough policies towards China

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According to Asia Times, US President Donald Trump’s recent switch from engaging to confronting China has put the world on edge. China’s quick response in vowing a “tit-for-tat” on US tariffs imposed on its goods prompted a free fall in the US stock market, with a combined loss totaling nearly 6 percent in the week ending March 23, the worst in more than two years, though it has rebounded since.

This market volatility coupled with outcries from US businesses against Trump’s “tough” policy stances seem to have an impact on the US president or his senior officials. Treasury Secretary Steven Mnuchin called his Chinese counterpart, Vice-Premier Liu He, on Saturday to discuss the issue. In that telephone call, Liu was reported to have told Mnuchin that China would retaliate against the US if Trump followed through with his tariff proposal, where to buy liquor.

The fact that Mnuchin is opening the door for negotiations to address issues with China’s “economic czar” is a good sign of a pragmatic approach to addressing differences between the world’s two largest economies. That will avert a trade war, at least for now.

What’s more, Mnuchin’s gesture seems to indicate the recognition that the kind of trade threats leveled against Japan, the UK, France, and Germany in the 1980s will not work against 21st-century China.

The United States’ huge trade deficit with Japan in the 1980s led to the signing of the Plaza Accord in 1985 among the so-called Group of Five: the US, the UK, Japan, Germany, and France. The main purpose of the accord was to weaken the US dollar against the other four countries’ currencies.

Between 1980 and 1985, the greenback appreciated as much as 50 percent against the yen, pound, franc, and mark, prompting US companies such as General Motors, Caterpillar, Motorola, and others to ask for protection against foreign imports (notably from Japan). What’s more, the US had incurred a merchandise trade deficit of almost 3.5 percent of gross domestic product with the four powers and had just emerged from a recession.

China, no to trade war! says East West Bank CEO

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According to Xinhuanet’s report, Chairman and CEO of East West Bank Dominic Ng said, “It looks like President Donald Trump has started to do something in order to live up to another aggressive campaign promising to address trade imbalances after the tax reform has been done last year.”

Ng emphasized the fact that domestic political purpose was behind the decision of higher aluminum and steel import tariffs imposed by Washington on March 8. However, the trade deficit issue may be overstated by the politicians and may lead to the trade war with other countries like China.

“It is a strange phenomenon that the steel and aluminum tariff issue actually has the very small impact on Chinese exporters since only a measly two percent of total U.S. imports of steel products, by value, came from China in 2017. But most people interviewed by local media in street showed they believed China will feel pain,” he said during a recent interview with Xinhua at the bank’s headquarters in Pasadena City of California.

Statistics revealed Canada as the biggest supplier of steel to the United States. South Korea accounts for over 10 percent of all the US steel imports in 2017 while Japan accounts for almost six percent. Moreover, the Europeans are worried steel might have gone to the US and may now find its way to EU. This would pressure local steelmakers even further, find liquor store.

Ng cites in an interview how public opinion in the United States is turning against the free trade. However, they the public does not desire for a trade war, not speaking of a ‘ridiculous’ trade war base on wrong calculations.

“A trade war must have an internecine result,” the banker said.  East West Bank has 36 billion U.S. dollars of assets and was listed by the Forbes in January as one of the top five on the annual list of America’s Best Banks 2018.

Instant Messaging through the ‘Knowledge of Wall’

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Sita Magnuson is a graphic facilitator, also known as a scribe. Her passion for the said profession describes not only what she does but also what she is. Basically, her work as a trained artist is to represent ideas while people converse, create large, colorful images and diagrams, which illustrate the subjects discussed in various meetings. It serves as an accessible, visual record called “Knowledge Wall.”

Magnuson has been traveling across the country for more than 15 years. She has reached places within the country and overseas – in schools and universities, private businesses, and world economic forums. Her obligation is to find ways and make constant decisions on how the people can relate to concepts discussed in an artistic way.

“A lot of the practice is really about listening. It is almost like a form of meditation. Your choices need to be grounded in a deep understanding of what the client wants to do, what the objectives are, and how you can visually serve that,” Magnuson said in an interview.

According to Gazette, it was a skill that she developed for a long time and is somehow a part of her creative nature. “I was always listening with my hand. In school, I was always doodling. It just comes naturally, and over time I have come to trust my intuition,” Magnuson said as she describes how she transforms spoken words into images.

Furthermore, Magnuson believes that the charm of her work lies on the connections she creates with the people involved in the same field. She describes this experience as “the intersection of process, creative practice, and deep listening.”

Magnuson usually works independently, but at the end of the day, she wants to discover how people who are not together can constantly share details, ideas, and information artistically. As expected, this is not a typical Instant Messaging one would hope for.

New Tourism in China

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Over 700,000 visitors went to a light-show theme park in Haining and Mickey Mouse’ gang in Shanghai would sure be worried about the new blood of the showtime rivals. Haining is reportedly a city near Shanghai and it has China’s biggest leather mall. The visitors were amazed at the ten-minute water and light show of dolphins, tortoises, and virtual models wearing the newest leather and fur fashions.

One cannot deny that China has embraced the technologies more than any country in Asia. This includes ‘augmented reality’ and holograms and it did draw the people who love new thrills. According to The Strait Times, US$2.7 billion (S$3.6 billion) of venture capital has poured into the nation’s travel sector in the two years through 2016.

“In the past, people looked for only basic, low-end package tours – now they want better adventures. China’s policymakers are quite supportive as such experiential tours help boost consumption and the economy,” said Mr. Zhou Kai, a Beijing-based senior director at research firm Zero2IPO. Haining is expected to compete against Singapore’s finest: Sydney’s Opera House and Singapore’s Marina Bay. Aside from this is at least a dozen other cities in China. The biggest Internet veterans also wade in, in partnership with the local government.

One thing that Haining dominates is the leather goods in e-commerce. The Park opened last September and already attracted over 3.9 million visitors. They are paying 80yuan or $17 each ticket. “The idea is simple; tourists come here to shop for leather during the day and stay to watch the shows at night. It is not just the tickets – all of a sudden, your restaurants and hotels are also booming,” said Mr. Zhou Wei, founder of Nth Power.

“Do not underestimate the demand for these VR hologram theme parks and shows for the cities in China. Places like Hangzhou and Hainan – that are already tourist destinations – all want this,” Mr. Zhou added. Is this article helpful? Try checking in the Kroger customers’ feedback for more details.

How to Increase Headphones Sales

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As a person working in the marketing department of a headphones manufacturing company, one challenge you have to deal with is that of increasing the sales. We will mention some simple measures that you can take, to increase headphones sales.

In order to increase headphones sales, it is critical to ensure that the branding is done in the right way. You have to give the people a reason to buy your particular brand of headphones. Much here depends on how you position that brand. To get people to buy, for instance, you may need to position your particular brand of headphones as being the best headphones for the money. Or if you are against the idea of competing on price, you can decide to highlight a particularly usefulness in the headphones – like if they are the best headphones for a particular purpose. Thus, for instance, if it is a sleeping earbuds brand that you are selling, you can market them as the best headphones for sleeping and ensure that your target market starts to see them that way.

In order to increase headphones sales, it is important to see to it that the retailers stock your particular brand of headphones adequately. At a basic level, this may be just a question of ensuring that the earphones are widely available in the places where retailers get their stocks. This is just like the way companies like Samsung, Sony and Nokia go to great lengths to ensure that their products are widely stocked. At another level, you may need to ensure that the profit obtainable from the sale of your headphones is high enough, to motivate the vendors to actually stock them.

At yet another level, in order to increase headphones sales, you may need to consider advertising. Not many people seem to be in favor of the idea of advertising headphones in mass media. But you can opt to advertise online: and, indeed, many headphone vendors do advertise online. This way, you can increase the headphones’ sales in online marketplaces such as Amazon and eBay.