A group of boys on bicycles gather on a dusty side

Foot on pedal, 10-y上海龙凤女神会所ar-old Murtaja Qureiris is about to lead the group of a

round 30 children. In video footage obtained by CNN, he is wearing rolled up denim jean

s and black flip-flops on his feet, and grinning at the camera recor

ding the event. It may look like a regular bike ride, but the group is staging a protest.

Moments after they set off, Qureiris gets lost in the sea of boys, strug

gling to keep up as he lifts a megaphone and presses it against his lips. “The people demand human rights!” he shouts.

As a boy, Qureiris participated in demonstrations like this bike

ride, expressions of dissent in Saudi Arabia’s Eastern Province during the 2011 Arab Spring.

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It is one of the oldest festivals, not only in China but also

hroughout the world, with a history of more than 2,000 years. In 2006, the traditional festival was listed as part of China’s

national intangible cultural heritage. In 2008, it was recognized as a public holiday in the Chinese mainland.

The Dragon Boat Festival commemorates the death of Qu Yuan, a Chu state

official and poet who lived during the Warring States Period (475-221 BC) before the reu

nification of China under the Qin Dynasty (221-206 BC). He was exiled after opposing his king’s decision to ally wit

h the neighboring state of Qin, and when Chu was finally conquered by Qin, he

committed suicide by drowning in the Miluo River on the fifth day of the fifth lunar month.

The Chu people, who admired Qu Yuan for his loyalty and integrity, th

rew rice dumplings into the river to feed the fish so they would not eat the body of their po

et hero. People then started dragon boat racing to scare off the fish.

Since then, the fifth day of the fifth month on the lunar calendar is cel

brated as the Dragon Boat Festival. The following are some customs for the festival.

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Habib also applauded China’s interest in Washington’s agric

ricultural products such as apples and cherries, and specifically mentioned

tourists and students from China.

With the current trade disputes between China and the US, however, Habib is seeing some frustration in his state.

“I’m of course frustrated at the effects of some of the Chinese-im

posed tariffs on our exporters – that’s a huge problem first for our growers, and companies in our

aerospace supply chain, and definitely our fish and seafood – they’ve been affected by Chinese tariffs,” said Habib.

With the Trump administration gradually imposi

ng 25 percent tariffs on $250 billion worth of Chinese imports over the past year, China has already retaliated with

tariffs on $110 billion worth of US products, and has planned a tariff hike on $60 billion worth of US goods on June

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Xi calls for bolstering reform and developmentforts to p

Xi Jinping, general secretary of the Communist Party of China Central Committee, called

on Wednesday for further efforts to prevent and eliminate major problems in the nation’s reform and

development against the backdrop that uncertainties and instabilities are on the rise.

Xi, also Chinese president and chairman of the Central Military Commission, made the remarks while presiding over a key meeting

of the Central Committee for Deepening Overall Reform. He is the director of the committee.

Saying China is facing profound changes in its reform and development against the backdro

p of increasing external uncertain and unstable factors, Xi said the country must maintain a strategic focus.

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Last week, two central government authorities on Hong

 Kong affairs, the Hong Kong and Macao Affairs Office of the State Counc

il, and the Liaison Office of the Central People’s Government in the Hong Kong SAR, have also

expressed their support for the proposed amendments to Hong Kong’s extradition law.

A new United Nations report concludes that high trade tensions

and policy uncertainty are damaging global economic growth prospects.

A further escalation of the trade dispute between the US and China threatens both short- and mediu

m-term global growth prospects, according to the United Nations World Economic Situation and Pro

spects (WESP) mid-2019 report released Tuesday at UN headquarters in New York.

The report said that global merchandise trade-volume growth has slo

wed more sharply than expected, particularly in late 2018 and early

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Also, these new first-tier cities have preferential po

policies for residence permits and financial incentives to lure more talent.

For example, Zhenjiang in Jiangsu province, promised bonuses of 150,000 and 200,000 yuan for house purchases to gradua

tes with master’s and doctoral degrees, respectively, after they work in the city for three years.

Haikou, capital of Hainan province, is attracting college students with a monthly rent s

ubsidy of 1,500 yuan, with an 18,000-yuan allowance to graduates who decide to buy an apartment there.

Employment, especially some groups such as college gradu

ates and demobilized military staff, remains a priority to the government.

Premier Li Keqiang said at a teleconference on May 13 that employme

nt pressure will be felt this year by a larger number of college graduates. However, promotin

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There are signs that the central government will not cha

ange its resolution to control house prices, Zhang said, adding that in the future the real estate market will continue to crack down on speculation.

On May 11, Suzhou tightened housing policies further, China Daily ea

rlier reported. The down payment ratio for a family’s first home purchase has been rais

ed from 20 percent to 30 percent.China may grant official 5G licenses, instead of the interim licenses prev

iously planned, to telecom carriers this year and is likely to start commercial use of the superfast wireless technology nat

ionwide in the near future, possibly as soon as October, according to people familiar with the matter.

Newly built property in certain parts of the city cannot

be traded for a three-year period after purchase, and for five years in the case of pre-owned property.

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Foreign Ministry spokesman Geng Shuang urged the US gover

 government on Tuesday to consider the costs it would bear through raising tariffs.

He reiterated that China will never capitulate under any external pressure and hopes the US meets China halfway.

The US has no need to “worry about” China’s affairs, Geng said at a daily news conference. The country has made progress i

improving its foreign investment environment and has become a popular investment destination, he sa

id, citing the expansion of US-based Exxon Mobil Corp and Tesla Inc in the market last year.

Geng stressed that China welcomes foreign companies to increase investment in the market and will co

ntinue to establish a more stable, fair, transparent and predictable investment and business environment.

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The future growth prospects of today’s early-stage (that is

lower-income-some growing and others not) developing countries will be of huge importance in red

ucing poverty further. Although these countries face significant headwinds, they could also seize imp

ortant new growth opportunities-especially with the help of digital platforms.

The headwinds are certainly considerable. For starters, advances in digital technolo

gies-robotics, machine learning, sensors, and vision-directly threaten the labor-intensive manu

facturing and assembly upon which lower-income, nonresource-rich economies have traditionally relied.

Moreover, climate change has had its greatest economic impact on the tropical and subtropical regio

ns where most of the lower-income countries are located. The effects of global warming are highly disrup

tive in fragile economies, and, taken together, constitute a major new obstacle to growthle

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In the past several months, China has announced and

started to implement a “negative list” program that allows foreign co

mpanies to have 100 percent ownership in investments in all areas of the economy, excep

t for a small number of areas, such as telecoms and defense, that are explicitly prohibited.

Also, foreign investment has been simplified by creating a one-stop regulatory shop and a single application process.

These new policies will lead to greater competition within China, forcing C

hina’s companies to become more efficient and to produce higher quality products.

The Chinese government has also recently announced tax cuts and financial regulations desi

gned to help private companies. This will hasten the ongoing transition to a market-driven economy.

Most Chinese State-owned enterprises are not relevant to trade negotiations. Many are in non-tradable sectors such as p

roperty development, infrastructure, or concrete. Others are basically public utilities in telecoms or power.

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