Vehicle sales in China continue to drop, NEV sales rise

hinese sales of passenger vehicles, MPVs, SUVs and minivans in March dropped 12 percent on a yearly basis to 1.78 million units.

This is the 10th consecutive monthly decrease, according to the C

hina Passenger Car Association (CPCA), Changjiang Times reported.

The MPV sector saw the largest sales decline, 20.2 percent to 130,000 units in the pas

t month, while SUVs and sedans dropped 10.7 and 12 percent, respectively.

The decreases in 2019’s first quarter are mild compared with those at the end of the last year, CPCA said.

As the State-VI emission standards will be implemented from July 1 this

year, some Japanese brands have launched corresponding products ahead of their co

unterparts, and performed well in sales and consumer confidence, CPCA said.

“Automobile sales in North China, and those in the county and township level, are still weak,” the association added.

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Obscure parliamentary procedures have been resurrecte

 providing daily drama from the House of Commons but making the future of Britain’s biggest change in generations no clearer.

After finally recognising that her minority Conservative g

overnment could not push through a Brexit deal on its own, May started talks this w

eek with Labour leader Jeremy Corbyn in the hope of coming up with a cross-party solution.

But that means accepting the need for more time, including the possibility of Britain hol

ding European Parliament elections on May 23, which May has long hoped to avoid at all cost.

“The United Kingdom proposes that this period should end on 30 June 2019,” May said in the letter.

“The government will want to agree a timetable for ratification that allows the United Kin

gdom to withdraw from the European Union before 23 May, 2019, and therefore cancel the European Parlia

ment elections, but will continue to make responsible prepara

tions to hold the elections should this not prove possible.”

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The European leaders said they are glad to see a greater

 development in China, and the EU welcomes China’s willingness to share its development opportunities.

Chinese enterprises are welcome to invest in European countries, said the European leaders, adding that they will not adopt restrictive measures against specific com

panies, and are willing to provide a fair, open and transparent business environment for all foreign enterprises.

During the visit, Peng Liyuan, Xi’s wife, also attended a number of events aimed at deepeni

ng cultural and educational exchanges between China and the European nations.

As a special envoy of the United Nations Educational, Scientific and Cultural Organization (UNESCO) for the advanceme

nt of girls’ and women’s education, Peng was invited to visit the headquarters of the UNESCO in Paris.

Wang said Peng’s visit highlighted China’s image of a hardworking, responsible maj

or country that actively participates in international education, gender equality and other affairs.

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he introduced measure is to “offer convenience for the pub

and greatly improve our work efficiency”, according to a released statement at a news conference held by the administration on Tuesday.

In the past, the residents in Chinese mainland could only apply for permits in their house

hold registration places with relevant documents, including identification card, hukou and application form.

National Immigration Administration holds a press conference on March 26, 2019.

Under the new measure, the residents will provide the same documents to apply for th

e passports and travel permits in their nearby exit and entry management departments, it said.

With the rapid development of China’s economy and society, a growing

number of people have been living, stuadying and working away from their hometown, and th

ere has been a strong demand for them to apply for the passports or travel permits in different places.

Data provided by the National Immigration Administra

tion show, this year, an estimated 21 million people will apply for passports and travel permits in di

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The brotherly bailout is striking because Mukesh Ambani pla

  yed a part in bringing his younger brother’s business to the brink of collapse.

  The Mumbai billionaire stunned India in September 2016 when he launched a ne

w mobile network called Reliance Jio that offered customers six months of free high-speed internet.

  The move triggered a brutal price war, forcing some companies to quit the market altogether, including Reliance Communications.

  Indian billionaire turns to bankruptcy court after losing 4G price war with his brother

  Anil Ambani’s company, once one of India’s biggest mobile pl

ayers, announced in late 2017 that it would sell its main consumer mobile business to Reli

ance Jio in order to focus on providing data services to corporate clients.

  That deal has now been abandoned, the two companies said Monday. An Indian bankruptcy court will instead auct

ion off Reliance Communications’ mobile assets to pay off the company’s $7 billion debt.

  The Ambani brothers have had a tumultuous and often acrim

onious relationship. After the death of their father in 2002, they waged a bitter succe

ssion battle for control of the vast Reliance business empire that he had spent decades building.

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In June 2018, Oppo launched its high-end smartphone mod

Find X in Paris, marking its official foray into Europe. As of January, it had entered nine European markets, including Italy, Spain, and the United Kingdom.

Wu Qiang, who is in charge of Oppo’s overseas business, said the company is not adopting an aggressi

ve strategy in overseas markets. Instead, it strictly follows CEO Chen Mingyong’s principle of “eating rice bite by bite”.

“We will only enter the next market after doing a good job in existing markets,” Wu said.

Oppo’s intensified interest in foreign countries came after the Chinese sma

rtphone market hit a saturation point, with shipments declining for several quarters.

From September to December of 2018, smartphone shipments in China plunged almost 10 pe

rcent year-on-year, according to data from market research company International Data Corp or IDC.

Though Oppo outgrew the industry average to achieve an annual expansion rate of 1.5 pe

rcent in that time-frame, there is still a pressing need to look for new opportunities, Wu said.

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North Korea’s coal sales have historically been some of

  the country’s most valuable exports. UN sanctions meant to punish Pyongyang for its 2017 missile

and nuclear tests put a cap on the amount of coal the country was allowed to sell internationally. The mea

sures also capped the amount of oil and energy products the country was allowed to import.

  The report accused banks and insurance companies across the wor

ld of “unwittingly” facilitating and providing “coverage for vessels involved in ever-lar

ger… illegal ship-to-ship transfers of petroleum products, and an increasing number of ship-to-ship coal transfers.”

  It added that North Korea “has attempted to supply small arms and light weapons and other military equipment to Hou

thi rebels in Yemen, as well as to Libya and the Sudan, via foreign intermediaries.”

  North Korea has long sought the removal of UN sanctions and portrayed the measures as violations of its sovereignty.

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Meanwhile, China’s long-running trade war with the US has

  forced Beijing to look for alternative trading partners. As result, China has started to rebuild ties wi

th rival rising power India and Prime Minister Narendra Modi. Last year Modi made two visits to China.

  This week, China’s Foreign Ministry called for both Pakistan and India to “maintain self-restraint and focus on regional peace and stability.”

  In an urgent late night call on Wednesday, Pakistan Foreign Minister Shah M

ehmood Qureshi asked Chinese Foreign Minister Wang Yi to play “a constructive role in easing the current tensions.”

  During the call, China‘s Foreign Minister Wang Yi stressed that “the sovereignty and territorial integrity of all countr

ies should be respected, and China does not want to see the acts that violate the norms of international relations.”

  Steve Tsang, director of the China Institute at SOAS University of London, said th

ere was no benefit to China on any front if tensions between India and Pakistan spiraled.

  ”China cannot afford to be seen as failing Pakistan, but at the

same time I don’t think the Chinese really want to pick a fight with the Indians over this,” he said.

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Shenzhen surpasses HK in GDPal view of Shenzhen is se

Shenzhen’s 2018 gross domestic product surpassed that of Hong Kong, c

alculated by the annual average exchange rate, for the first time in history, as the latter u

nveiled the government’s 2019-20 budget on Wednesday.

Hong Kong’s GDP grew 3 percent in 2018 to HK$ 2.845 trillion ($362.4 billion), equivalent to 2.4 trillion yuan based on th

e average annual exchange rate, according to the government’s Census and Statistics Department.

Meanwhile, its neighboring city and China’s “Silicon Valley” Shenzhen earlier this ye

ar announced a year-on-year increase of 7.5 percent in GDP-2.422 trillion yuan in total.

Therefore, Hong Kong was behind by about 22 billion yuan and Shenzhen also ascen

ded to the top spot in GDP in the Guangdong-Hong Kong-Macao Greater Bay Area.

Shenzhen’s 2017 GDP already outperformed Hong Kong according to the rea

l-time exchange rate, but fell behind if calculated by the annual average exchange rate.

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Russian woman in Wuhan wishes to see the world by

A Russian woman who lives in Wuhan, central China’s Hubei Province, has said she hopes

that there will be more trains linking China and Europe in th future, so that one day sh

e will be able to travel around the world by the China-Europe passenger train, Chinanews.com reported on Feb. 1.

With the Spring Festival approaching, almost all Chinese people are heading home fo

r family reunions across the country. Instead of returning to her hometown in Russia, Li

u Yina (Chinese name) has decided to stay in Wuhan and enjoy the traditional Chinese festival.

Liu, who is fluent in Chinese, works for Wuhan Asia-Europe Logistics Co., Ltd., the opera

tor of China-Europe freight trains between Wuhan and Europe and a public platform for international logistics and transportation services.

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