Amazon to end local 3rd-party sales in Chinaon offices in Ne

US-based tech giant Amazon.com Inc plans to shut down its third-party seller services on its Chinese online marketplace

in July, as it shifts its focus to offering Chinese mainland consumers overseas products rather than goods from local sellers.

Starting July 18, customers logging in to Amazon’s Chinese web portal will only see a selec

tion of goods from its global store, rather than products from local third-party sellers.

Amazon said it will keep running its other businesses in China, inclu

ding the cross-border shopping business Amazon Global Store; Global Selling, which helps Chin

ese merchants sell products abroad; its cloud service platform Amazon Web Services; and Kindle e-book devices and content.

“Over the past few years, we have been evolving our China online retail business to increasingly

emphasize cross-border sales, and in return we’ve seen a very strong response from Chinese customers.

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mental protection, science and technology innovation,

end manufacturing, finance, sharing economy, medical care and elderly care indust

ries,” Osuga said, adding Japan and China will push forward cooperation in more areas this year.

Chinese State Councilor and Foreign Minister Wang Yi said at the dialogue on Sunday that Ch

ina hopes the two sides can make steady headway in promoting bilateral investments and trade coope

ration, and actively explore third-party market cooperation as well as local cooperation.

Osuga said the Japanese government’s position on the Belt and Road Initiative remains unchan

ged, as it expects to conduct cooperation with China in a third market, promote trade and invest

ment liberalization and facilitation and uphold a business environment of fairness, justice and non-discrimination.

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We will rebuild this cathedral all together and it is un

tedly part of the French destiny and the project we will have for the coming years … a national subscription will be launched, and well beyon

d our borders we will appeal to the greatest talent, and there are many who will come to contribute and rebuild,” Macron said.

We will rebuild Notre Dame, because that’s what French people e

xpect, because it’s what our history deserves and because it’s our deep destiny,” he added.

Already, two of France’s wealthiest men have pledged large donations. Billionaire Francois-Henri Pinault, chairman and CEO of the Ke

ring group, which owns fashion brands including Gucci, Yves Saint Laurent and Balenciaga, pledged 100 m

illion euros ($113 million) toward rebuilding Notre Dame, Agence France-Presse reported.

Bernard Arnault, chief executive of the LVMH group, which owns fa

shion labels including Louis Vuitton and Bulgari, said he would donate 200 million euros.

Built in the 12th and 13th centuries, Notre Dame, which has rece

ived about 13 million visitors each year-more than the Eiffel Tower-is regard

ed as one of the finest examples of French Gothic architecture and sits at the heart of the nation’s history.

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He noted that since the first Belt and Road Forum for

 International Cooperation two years ago, more countries and inter

national organizations have joined in the construction of the Belt and Road.

So far, 125 countries and 29 international organiz

ations have signed BRI cooperation documents with China, according to Lu.

Among them are 16 Central and Eastern European countries and Gr

eece. Italy and Luxembourg signed cooperation agreements with China last month to join

tly build the Belt and Road. Jamaica also signed similar agreements on Thursday.

During Premier Li Keqiang’s European visit last week, both sides agreed to seek greate

r synergy between the BRI and the European Union’s strategy for connecting with Asia.

Yang Jiechi, director of the Office of the Foreign Affairs Commission of the Comm

unist Party of China Central Committee, said last month that representatives of more than 100 coun

tries, including about 40 foreign leaders, have confirmed their attendance at the Beijing forum.

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Analysts guessing over central bank’s next move

Debates on whether the central bank needs to further ease monetary policy or not are continuing amo

ng analysts, with their emphasis on guessing the next liquidity injection through reducing banks’ reserved deposits.

Supporters of monetary easing expect that another cut in the re

serve requirement ratio (RRR) may come no later than this week, as a liquidity shorta

ge may occur after commercial banks pay back 366.5 billion yuan ($54.65 billion) to the central bank on Wedn

esday. That amount of interbank lending was conducted previously under the medium-term lending facilities (MLF) scheme.

Opponents, however, contend that the current liquidity is sufficient, and any further ea

sing will fuel inflation risks, especially as Chinese economy has started its upcycle.

The central bank’s monetary policy committee held the first quarter’s regular meeting on Friday.

The members achieved a consensus to continue the counter-cyclical measures and stren

gthen coordination between monetary and fiscal policies. Policy fine-tuning should be at the proper time, to prev

ent risks with the priority of stabilizing growth, according to a statement after the meeting.

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Economic data for March have beaten market expectat

ons in many aspects, and based on those data, China’s year-on-year GDP gr

owth rate in the first quarter may reach 6.3 percent or a bit higher,” said Liu Chun

sheng, an associate professor of economics at the Central University of Finance and Economics in Beijing.

Improved market expectations resulting from progress in the Sino-US trade talks and Beijing’s tax and

fee cut plan, as well as eased liquidity, have helped to offset negative effects of the traditional Spring Fes

tival holiday and downside pressure that continued from the end of last year, Liu said.

China has set this year’s GDP growth rate target at 6 percent to 6.5 perce

nt, after registering full-year growth of 6.6 percent in 2018 and 6.4 percent in the fourth

quarter. The NBS is scheduled to announce the country’s first-quarter economic growth data on Wednesday.

www.fyace.org

This so disappointed and frustrated it that it has begun

 question whether the US is really trying to improve the DPRK-US relationship and it is wondering whe

ther its previous steps to promote engagement with Washington were the right thing to do.

In what was the most comprehensive review of Pyongyang’s recent i

nteraction with Washington, the DPRK leader put the ball decisively back in Was

hington’s court after the US president floated the idea of a third summit on Thursday.

Washington maintains unabated zeal for a deal of some sort, because ot

herwise the engagement with Pyongyang since last year

would be regarded as failure. So, more likely than not, it will try to find a way to keep the possibility of a summit alive.

But the “correct manner” Pyongyang demands is Washington forsaking its “max

imum pressure” and demonstrating sufficient goodwill by relieving, or completely rollin

g back, sanctions, putting an end to the state of war, or, even better, offering economic incentives.

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Four public holidays in 2018, namely the Spring Fest

ival, Tomb-sweeping Day, May Day and Dragon Boat Festival, all saw a marked increase in the number of domestic tourists.

During the three-day Tomb-sweeping Day holiday that ende

d on April 7, the number of domestic tourists reached 112 million, a 10.9 increase year-on-year.

Apart from sightseeing, more Chinese tourists now opt to exp

erience the cultural essence of their destinations by visiting local museums.

Over the past three years, visitors to Chinese museums have been growing by about 100 mi

llion each year, Liu Yuzhu, head of the National Cultural Heritage Administration, told reporters earlier this year.

During the week-long Spring Festival Holiday in 2019, more than 40 percent of the 415 milli

on domestic tourists visited museums, a report from the China Tourism Academy showed.

fyace.org

While this takes place, I would like to pay tribute to the

officers involved this morning who responded swiftly to this incident and put thems

elves in harm’s way, as they do every day, to keep the people of London safe,” Walker said.

The police said the incident was not related with terrorism.

According to media Sky News, police opened fire on a vehicle outside the Ukrainian emb

assy after the driver deliberately rammed into the official car of the country’s ambassador to Britain.

“The ambassador, Natalia Galibarenko, was not at the embassy at the time and no other staff were injured,” said the report of Sky News.

The 16th Chinese Bridge, an annual Chinese proficiency contest for school kids, college

students and adult learners of Chinese, was held at the University of Latvia Friday and Saturday.

This year’s competition, themed One World, One Family, gathered 64 contestants

in total in Latvia, including 14 in the adult group, 24 in the high school group and 24 in the primary school group.

The contestants were required to demonstrate their Chinese language skills by introducing themselves and m

aking speeches on various topics in Chinese, participate in a quiz on Chinese culture and perform in a talent show.

Each division, namely college students, high school students and

primary school students, has three groups of senior, intermediate and junior.

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The meetings on Thursday and Friday are all part of

f the 8th Summit of Central and Eastern European Countries & China.

At the China-CEEC economy and trade forum before the leaders meeting, Li called for strengthening trade facilitation and exp

anding two-way opening-up of markets. China is willing to expand imports of goods from CEE nations, particu

larly agricultural products that cater to the demand of Chinese consumers, he said. Trade of farm goods, machine

ry and electric devices should be further boosted and logistics sped up between the trading partners, he said.

Li said trade between China and the 16 CEE nations rose by 21 percent to a record high, de

spite a global trade slowdown. China is willing to strengthen cooperation with CEE nations in infrast

ructure based on market rules and following European Union rules and standards, he said.

Li advocated the great potential for trade and economic cooperation between China a

nd the 16 countries. China-CEEC cooperation is a helpful addition to China-EU ties, he said.

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