Archive February 2019

In February 2019, the construction of an electrolysis hydrog

production plant and a hydrogen liquefaction plant started to extend the company’s operations along the value chain, rang

ing from hydrogen production and liquefaction, to hydrogen storage, transport, testing, refueling and applications.

The Baoding Great Wall Holdings Group Co Ltd, the indirect controlling shareholder of Great Wall Motor, said it pla

ns to acquire all the shares of Shanghai Fuel Cell Vehicle Powertrain Co Ltd soon. That would enable Great Wall M

otor to develop and deploy cost-competitive fuel cells for a variety of applications, according to the company.

Great Wall Motor has already established an internationally competitive R&D team of 240 technology experts.

With four R&D centers in Baoding, Shanghai, Munich in Germany and Yokohama in Japan, Hu said that Great Wall

Motor will make full use of world-class professionals to promote the R&D and marketization of hydrogen fuel cell vehicles.

The company is set to play a leading role in technological innovation in the fuel cell vehicle sector in China, he said.

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More than 80 percent of the respondents said their salary was

not adjusted for more than one year, while 54 percent said their salary was cut due to shrinking bonuses.

Nearly 54 percent of those surveyed said they were unable to strike a balance bet

ween family and career due to low salary, according to the survey.

The survey was based on questionnaires completed by 1,064 employees aged 20 and above from Jan 24 to Feb 11.

According to the island’s statistical agency, the real average monthly salary of employees in Taiwan’s industrial and ser

vice sectors was NT$38,235 ($1,243) in 2018, which is below the average monthly salary of NT$38,398 in 2001.

Employees in the telecommunications sector earn the most on the

island, with an average monthly salary of NT$100,791, followed by those working in

the industries of banking, electricity and gas supply and air transport, the agency said.

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The United States has so far delivered batches of relief su

  lies to a border town in Colombia, including food and hygiene kits, ready-to-use supplementary foods and high-energy biscuits

. It’s pledged $20 million to help Venezuela, and other countries including Canada, the UK and Germany have chipped in, too.

  Earlier this week, Guaido named Saturday as the deadline for the aid to cross the border.

  But the United States announced Friday preparations to bring aid in through another route.

  ”The US and its partners began pre-positioning additional hu

manitarian aid for Venezuelans in Boa Vista, Brazil,” the US State Department tweeted.

  The aid consists of food kits “containing rice, beans, sugar, and salt to feed nearly 3,500 people f

or 10 days and additional rice to feed an estimated 6,100 people for one month,” a fact sheet from the State Department says.

  British billionaire Richard Branson sponsored a Live Aid-inspired show Friday in Cucuta, Colombia, featuring Latin

American stars such as Colombian musical legends Carlos Vives and Juanes, and reggaeton singer Maluma. Co

lombian President Ivan Duque, Chile’s Sebastian Piñera and Mario Abdo of Paraguay also joined the crowds.

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It would be wrong to leave the impression that the Ba

  Hof Hotel resounded to bays for Trump’s departure. It wasn’t about him, but his specter hung over it.

  Brad Smith, president and chief legal officer of Microsoft and Robert O. Work, deputy secret

ary of defense under President Obama, gave an electrifying insight to Artificial Intelligence.

  ”AI is everything,” Smith warned, a game changer like electricity. He described the present as a “Sputnik moment.”

  The former Defense Department official said the “this is the hardest tech challenge the US has ever faced.”

  Both Smith and Work painted a picture of China chasing, catching and passing the US in this key area. They des

cribed AI as an enabler for autocracies like Russia and China and a potential threat for democracies.

  In Work’s words, “AI gives tyranny new tools it never had before and makes it more powerful than it has ever been before.”

  No one said it in the room, there was a laser like focus on the intellect and experience of these two m

en, but at the back of everyone’s minds must have been thoughts of Trump’s warmth for Presidents Putin and Xi.

  Every moment they get cut slack by Trump is more machine code, jacking up their AI prog

rams back home. “We are entering a period intense technological competition,” said Work.

  In the next war, he predicted, it will be “our AI against their AI, and the side with the best AI wins.”

  But as much as moments like this came as sobering jabs to the solar plexus, MSC 2019 also held out hope of a world after Trump.

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Abuse survivors often argue that the public should be

  notified whenever an accusation is made, both to protect the community and to encourage other potential victims to come forward.

  ”This seems to say that if a priest or a nun or deacon gets accused they don’t tell the parish until the accusation is ‘proven,'” said Tim Len

non, of the Survivors Network of those Abused by Priests, who is in Rome participating in vigils with other victims of clergy abuse.

  ”Well, who proves this? The police or the bishops? We’ve seen for 35 years that bishops o

ften cover up, so no one trusts that they are going to be good arbiters of guilt and innocence.”

  Billionaire businessman Richard Branson says he hopes his Live Aid-inspired concert to raise funds for Venezuelans will persuade members of th

e country’s military to defy President Nicolas Maduro and allow humanitarian aid to cross the border.

  Branson, who will host “Venezuela Aid Live” on Friday in the Colom

bian border town of Cucuta, said he is aiming to raise about $100 million to buy food a

nd medicine, essential supplies for the country, which is gripped by a political and humanitarian crisis.

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The three higher-end models reverse Samsung’s unpopul

  decision to put the fingerprint scanner on the back of the device. Now built into the disp

lay itself, the “ultrasonic fingerprint reader” compliments its Face Unlock feature but prom

ises more security. It doesn’t just take pictures of your fingerprint; the company says it uses machine-learning-bas

ed algorithm to read 3D fingerprints through ultrasonic sound waves.(Fingerprint data is stored only on the dev

ice itself, according to Samsung). The S10e features a capacitive fingerprint sensor on the side of the phone instead.

  Not surprisingly, Samsung is upping its camera game. The winner for the most cameras goes to the Gala

xy S10 5G, which offers a total of six, including a dual-front camera with a 3D-depth lens to handle th

ings like augmented reality. It has a quadruple rear camera with a wide, telephoto and (another) 3D depth lens.

  The S10 and S10+ feature nearly the same without the 3D depth len

s on the back. However, the S10e has single front- and dual rear-cameras in wide and ultra-wide lens.

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Representatives have until 3 p.m. Thursday to signthe resolution

  which will be introduced Friday, Pelosi wrote. The House will “move swiftly” under the Nat

ional Emergencies Act to pass it before sending it to the Senate, she added.

  Trump declared a national emergency last Friday after he signed a spending bill that would keep the gover

nment open and provide $1.375 billion for a border wall, billions less than he had sought.

  Castro had promised to curtail such a declaration prior to Trump’s announcement as a possible second partial government shutdown loomed.

  ”Historically, Presidents have declared national emergencies for urgent matters of national security. President Trump would u

nconstitutionally usurp congressional authority by declaring an emergency based upon unfounded hype rat

her than any substantive emergency,” the Texas Democrat said last Thursday in a statement.

  Castro added that “such a baseless declaration by President Trump would set a dange

rous precedent regarding the constitutional balance of powers between the executive and legislative branches.”

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apanese companies tend to invest for the long term

  a very low tolerance for risk, according to Takeshita.

  ”The current situation in Britain is just that — uncertainty,” he said. “Many are backing off.”

  He predicted more Japanese firms will retreat as Brexit unfolds.

  Toyota (TM) warned in December that a British exit from the Euro

pean Union without a deal in place would put at risk vehicle production worth millions of d

ollars a day, but it stopped short of saying it would cut its investment.A senior executive at Nomura (NMR) in N

ovember described Brexit as “a great concern” that will increase costs and risks for financial firms. Nomura has alr

eady started moving dozens of jobs from London to Frankfurt and hiring new staff on the European mainland.

  It’s not just about Brexit

  There are others reasons why Japanese companies are dialing back their commitments to the United Kingdom.

  Advances in technology mean carmakers can now automate more of their supply ch

ains. That has made it cheaper to operate factories in Japan, where labor costs are typically high.

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In short, thanks to changes in the internal and extern

al environment, China’s monetary policy is expected to sail out of the “reefs” in 2019, becoming more flexible in maintaining its prudent, neutral, and marginally loose stance.

We believe that comprehensive and targeted cuts to reserve req

uirement ratios, reductions in open market rates, and increased use of targeted medium-term l

ending facility will become the main policy tools of China’s central bank in 2019. Only when extreme changes happen in the internal and external env

ironment (for example, the Chinese economy fails to stabilize in the middle of 2019 and the Fed doesn’t raise interest rates),

will the possibility of lowering the benchmark deposit and lending interest rates rise significantly.
hina will take measures to help domestic soybe

an and corn farmers, while also seeking to expand imports of certain agricultural products that are considered in s

hortage through diversified channels, according to a central government guideline released on Tuesday.

The plan, came before a new round of trade negotiations between Chinese and US officials set fo

r Thursday and Friday, shows Chinese policymakers’ determination to be le

ss dependent on US agricultural imports such as soybeans even if a deal is likely to be reached, industry analysts said.

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bilateral trade is expected to further increase provided that

there is a relatively stable world economy. The high-technology sector and e-commerce can be

especially fast-growing given their rapid development in both countries, Li Xin, director of the Ru

ssian Center for Central Asian Studies at the Shanghai Institute of International Studies, told the Global Times on Thursday.

Li added that some traditional industries, such as energy, could witness a decrease in total trade as international fuel prices decline.

The expansion in China-Russia trade in 2018 was largely due to stable international economic growth and a closer

bilateral relationship, rather than a consequence of the China-US trade dispute, Li said.

Both countries have introduced policies encouraging trade cooperation, and these policies have clearly borne fruit, Li said.

However, the US-China trade conflict, which is hitting global confidence, could potentially play hav

oc with the world economy including trade between China and Russia if it escalates further in 2019, according to Li.

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