China hits back by raising tariffs on US products

(THIS ARTICLE IS COURTESY OF THE SHANGHAI CHINA’S SHINE NEWS)

 

China hits back by raising tariffs on US products

Xinhua

China yesterday announced that it will raise the rate of additional tariffs imposed on some of the imported US products from June 1.

China had earlier imposed additional tariffs on US$60 billion worth of US imports, the rates of additional tariffs on some of the products will now be increased to 25 percent, 20 percent and 10 percent, according to a statement by the Customs Tariff Commission of the State Council.

A total of 5,140 US products will be subject to additional tariffs of 5 percent, 10 percent, 20 percent and 25 percent starting on June 1, the finance ministry said in a statement yesterday.

The decision follows the US move to increase tariffs on US$200 billion worth of Chinese goods from 10 percent to 25 percent as of May 10.

The measure taken by the United States escalated trade frictions and violated the consensuses reached by both sides to tackle trade disputes through consultations, the statement said.

The US move damaged the interests of the two sides and did not meet universal expectation of the international community, it said.

To defend multilateral trade mechanisms and safeguard its own rights and interests, China had to adjust its additional tariffs on some of the goods imported from the United States in response to the US act of unilateralism and trade protectionism, the statement noted.

China hopes that the United States would return to the right track of bilateral economic and trade consultations, make joint efforts with China to meet each other halfway and strive to reach a mutually beneficial and win-win agreement on the basis of mutual respect.

Jimmy Carter recovering from surgery after fall, Carter Center says

(THIS ARTICLE IS COURTESY OF CNN)

 

Jimmy Carter recovering from surgery after fall, Carter Center says

Washington (CNN)Former President Jimmy Carter was recovering from surgery after a fall on Monday morning, the Carter Center said.

A Monday afternoon statement said the 94-year-old Democrat fell at his home in Plains, Georgia, on his way to go turkey hunting, and later underwent a successful surgery.
“He is recovering comfortably from surgery to repair a broken hip at Phoebe Sumter Medical Center in Americus, Georgia,” the Carter Center said. “His surgeon stated that the surgery was successful. His wife, Rosalynn, is with him.”
In March, Carter became the oldest-living former president in US history, having survived a bout with cancer in recent years. The Monday statement following the surgery said Carter was still set on hunting next season despite his fall.
“President Carter said his main concern is that turkey season ends this week, and he has not reached his limit,” the Carter Center said. “He hopes the State of Georgia will allow him to rollover the unused limit to next year.”
The White House said last month that Carter and President Donald Trump spoke by phone for the first time in a conversation the White House said was focused on trade talks with China.

Total Trade Stoppage With China Could Be A Good Thing For American Workers

Total Trade Stoppage With China Could Be A Good Thing For American Workers

 

I know that many people here in the U.S. will in the short term be hit financially if this ‘trade war’ with China continues. The American companies on the U.S. Stock Market has taken a hit with these tariffs the White House is talking about, I know this is hurting some American businesses like WalMart who import a huge amount from China, so be it, they need to be hurt, badly.  There is a reason for my view, I just hope you can see what I am talking about.

 

American businesses need to be hurt because of their treason toward the American Nation and her people. How many thousands of businesses have been shuttered because of companies like WalMart who for a penny or two lower price per product will buy from other countries like China (whose Leaders hate us) instead of buying from U.S. Companies who have their factories here in the U.S. giving jobs to American workers. Companies like WalMart cater to low income people yet how many of these people are poor because of these companies ‘buy foreign first’ business practices? The rich, especially the super rich like to complain about the poor as people who suck away their profits and produce nothing and how they say the poor don’t pay their fair share. If an owner of a company moves their operation out of the States thus firing all their American workers it should be the Companies Leadership who should be punished, not the workers. These companies should have to pay a tariff of about 90% on all goods they import back to the American market. Make it not worth their bottom line to close American factories and fire their American workers. In the business world everything is always about profits, the money that goes to the top is the only thing that has mattered for decades not. Most businesses and government officials should be charged with treason against the the American Flag and Her people, not profit from their demise that they themselves are causing! Rebuild America’s factories and infrastructure now, create jobs for American workers first. Our exports like grain and soy beans can easily be sold to other world markets. There is no logic besides greed that dictates us selling anything to or importing anything from other countries like China whom is trying to wipe us out. But then again, these words to you today are just the opinions of an old poet.

China: How my friend’s police run-in could help you if you’re ever falsely accused

(THIS ARTICLE IS COURTESY OF SHANGHAI CHINA’S SHINE NEWS)

 

How my friend’s police run-in could help you if you’re ever falsely accused

This week a friend had a terrifying experience: He found himself handcuffed on Nanjing Road E. after he more or less admitted to shoplifting. Problem is, he never stole anything.

It was a very valuable lesson for him in the importance of keeping a cool and level head under moments of extreme stress.

The drama began as my friend, a local who wishes not to be named, was approached by two men claiming to be plain-clothes police officers. They asked to look in his bag and said staff at H&M suspected he stole a white T-shirt from there.

He had just left H&M, so wondered if the men had been watching him and were trying to scam him.

At this point he did the right thing and refused to open his bag until the officers could prove who they really were. They did so by approaching a uniformed officer on the street to verify their identity.

That’s when things started getting heated.

My friend, who was wearing a white H&M T-shirt, had another white H&M T-shirt in his bag. The officers asked him if he just stole it, and in the heat of the moment he began to believe that maybe he did.

He had just been trying on T-shirts in the changing room at the clothing outlet and left without buying anything. That’s when he started to question himself: “Could I have accidentally put it in my bag?!”

“I didn’t take it on purpose,” he said. A huge mistake.

That’s when he was placed in handcuffs and taken to the nearest police station as he cried and tried to convince the officers that he is a good person and would never do such a thing.

They told him that, since the T-shirt was only worth 39 yuan (US$5.75), he could write an apology letter, which he did at the station, and then they’d take him back to the store to pay for the T-shirt. The important thing is that you learn a lesson from this and don’t steal again, the officers said.

It was on their way back to H&M in a police car that he had time to finally calm down and think clearly. That’s when he realized where the whole situation had gone off the rails.

The T-shirt in his bag wasn’t new at all — it was a T-shirt he had bought weeks before which he planned to wear for dance class after work. He had somehow, in the heat of the moment, forgotten and then been led down a path which ended up with him being arrested.

“Why did you admit you stole it then?” the officers asked.

And that’s the scary thing: He never really admitted to stealing anything, but under immense pressure he allowed himself to be led astray, and it could have cost him dearly.

In the end the situation was left there and, thankfully, no records were taken of the incident. But it was a good lesson for my friend, and now hopefully for others, too.

Probably a better idea would have been to first request that the store in question provide video evidence of a crime taking place, especially since nothing was actually stolen. Unfortunately, though, H&M refused to look through the video footage to vindicate my friend, claiming that they were too busy — they said that thefts occur dozens of times a day and that if they had to provide evidence each time it would be too much.

To be honest, that’s a bit slack, especially when it comes to accusing someone of stealing something.

Most importantly, though, never admit — or even allude — to having done anything you didn’t do. It sounds easy in retrospect, but it really needs to become second nature in case you ever find yourself in a similar situation.

This incident involved a series of people confused about an alleged crime that never actually took place. Things would have been put to bed much quicker if my friend remained calm, had confidence in himself, stuck his ground and demanded video evidence.

So that’s my advice here, however simple: Stay calm, take a deep breath, sit down if you need to, and try your best not to end up in a sticky situation.

Hong Kong lawmakers fight over extradition law

(THIS ARTICLE IS COURTESY OF THE BBC)

 

Hong Kong lawmakers fight over extradition law

Media caption Tensions flared up with some lawmakers jumping over tables

Fighting erupted in Hong Kong’s legislature on Saturday over planned changes to the law allowing suspects to be sent to mainland China for trial.

Several lawmakers were injured and one was taken to hospital as politicians clashed in the chamber.

Critics believe the proposed switch to the extradition law would erode Hong Kong’s freedoms.

But authorities say they need to make the change so they can extradite a murder suspect to Taiwan.

One pro-Beijing lawmaker called it “a sad day for Hong Kong”.

Pro-democracy lawmaker James To originally led the session on the controversial extradition bill but earlier this week those supportive of the new law replaced him as chairman.

Tensions boiled over on Saturday, with politicians swearing and jumping over tables amid a crowd of reporters as they fought to control the microphone.

Scuffles broke out in Hong Kong's legislature over proposed changes to extradition lawsImage copyright REUTERS
Image caption Opponents and supporters of the bill clashed in the legislature
Gary Fan stretchered out after clashes between opponents and supporters of Hong Kong's proposed extradition law changesImage copyright REUTERS
Image caption Pro-democracy lawmaker Gary Fan was taken out on a stretcher

Pro-democracy legislator Gary Fan collapsed and was carried out on a stretcher, while one pro-Beijing legislator was later seen with his arm in a sling.

Why change the extradition laws?

Under a policy known as “One Country, Two Systems”, Hong Kong has a separate legal system to mainland China.

Beijing regained control over the former British colony in 1997 on the condition it would allow the territory “a high degree of autonomy, except in foreign and defence affairs” for 50 years.

But Hong Kong’s pro-Beijing leader Carrie Lam earlier this year announced plans to change the law so suspects could be extradited to Taiwan, Macau or mainland China on a case-by-case basis.

Hong Kong's leader Carrie LamImage copyright REUTERS
Image caption Some critics say Carrie Lam has “betrayed” Hong Kong over the law change

Ms Lam has cited the case of a 19-year-old Hong Kong man who allegedly murdered his pregnant girlfriend while on holiday in Taiwan before fleeing home.

While Taiwan has sought his extradition, Hong Kong officials say they cannot help as they do not have an extradition agreement with Taiwan.

Why object to the switch?

The proposed change has generated huge criticism.

Protesters against the law marched on the streets last month in the biggest rally since 2014’s pro-democracy Umbrella Movement demonstrations.

Even the normally conservative business community has objected. The International Chamber of Commerce in Hong Kong said the bill has “gross inadequacies” which could mean people risk “losing freedom, property and even their life”.

And Chris Patten, the last British governor of Hong Kong, told the government-funded broadcaster RTHK last month the proposal was “an assault on Hong Kong’s values, stability and security”.

China Mobile bid to operate U.S. services denied by FCC over security concerns

(THIS ARTICLE IS COURTESY OF NBC NEWS AND REUTERS)

 

China Mobile bid to operate U.S. services denied by FCC over security concerns

China Mobile, which is owned by the Chinese government, sought approval in 2011 to provide interconnection services for phone calls between the U.S. and other countries.
Image: FTC Chairman Ajit Pai Testifies On Proposed Budget Estimates Before The Senate Appropriations Committee

Federal Communication Commission Chairman Ajit Pai testifies before the Senate Financial Services and General Government Subcommittee about his FY2020 budget requests in the Dirksen Senate Office Building on May 07, 2019.Chip Somodevilla / Getty Images

China: AI Chip With World-Class Algorithm Launched

(THIS ARTICLE IS COURTESY OF SHANGHAI CHINA’S SHINE NEWS)

 

AI chip with world-class algorithm launched

Shanghai-based startup Yitu launched server AI chips on Thursday, becoming the world’s first AI chip specifically made for computers for facial recognition and smart driving.

It combines Yitu’s algorithm and Shanghai’s advanced IC, or integrated circuit eco-system, reflecting Shanghai’s effort to establish “AI highland” nationwide and globally in both AI and IC sectors.

“It’s prime time for Shanghai to boost AI development and integration between innovation and traditional industries,” Chen Mingbo, deputy secretary general of the Shanghai government, said today.

Zhu Long, co-founder and chief executive of Yitu, called the new questcore chip with “world-class algorithm” competitive enough to take on rivals including current market leader Nvidia. It also marks the end of Moore’s law when chip makers like Intel dominated the market.

In the new AI era, application, cost and energy consumption are the priorities for users besides calculation capacities, analysts said.

In China, Huawei, Yitu and Cambricon have developed AI chips for servers, which are expected to become the new “brains and hearts” of modern society. Yitu’s questcore, or Qiusuo in Mandarin (meaning exploration), is the first AI sever chip for computer vision processing.

Yitu demonstrated the use of the AI chip in real-time intelligent video analysis task — matching the faces of several hundred people with previously provided photos.

The result was an almost 100 percent success, all done within a second.

The chip offers three to five times capacity on computer vision and uses less energy compared with rivals like Nvidia.

In the future, the chip can be used in airports and railway stations to process 10,000 camera video simultaneously and even in autonomous driving cars, Zhu added.

The chip can also be used for motion capture, cancer diagnosis, bone test, vehicle management and autonomous driving. Yitu’s portfolio will cover software, algorithm, chip and severs.

Shanghai’s development of the IC industry also helped Yitu in developing the chip, Zhu said.

WalMart Is The Single Biggest American Job Killer

WalMart Is The Single Biggest American Job Killer

 

These days we hear alot about a trade war between the U.S. and China. Currently Chinese imports are hit with a %10 tariff and President Trump has been touting raising that to %25. What this would do is that it would raise the cost that American Retailers charge their own customers for these made in China items by about another %15. There is always the unrealistic thought that maybe the retailers wouldn’t pass their costs onto their customers. As I said, this is unrealistic and it will not happen, even if a company was willing to take that financial hit their stockholders would do a massive stock dump which would cost a company even more.

 

This article to you this evening is about the Walton family who oversees the direction of the WalMart/Lowes financial kingdom. WalMart buys around 60 Billion Dollars each year from China, a %25 tariff on Chinese products would cost the company about 9 Billion Dollars a year at their current purchasing levels. Have you ever gone into a WalMart store and checked where the product tag says it was made? Outside of food items of which they purchase a great deal of from Mexico, it literally seems like most everything in their stores are made in China or from some other third world nation who abuses the hell out of their employees like in Indonesia, Vietnam and Thailand. Just think if WalMart actually did buy American products how many millions of jobs that would create here in the States. Most all of us know by now that most everything you see with a made in China tag on it you know that the product has almost no quality to it at all. Your buying junk, but supposedly your getting a ‘discounted’ price.

 

Another thing that People should take into account when they choose to buy made in China products is that we, just like WalMart and Target (the second biggest buyer of Chinese products) are handing their Military billions of dollars of weapons each year. Just think about it for a moment, if you buy your products at a WalMart most likely you are cutting the throats of every person in America. You give China many billions of dollars worth of weapons (which they do not buy from us) and you are cutting the throats of millions of would be American job holders. I’m just saying, think about what you are doing to all of the world when you buy this made in China junk.

 

 

China makes statement of US planned measures to raise tariffs

(THIS ARTICLE IS COURTESY OF THE SHANGHAI CHINA NEWS PAPER ‘SHINE’)

 

China makes statement on US planned measures to raise tariffs

Xinhua

China on Wednesday expressed regrets over the planned measures by the United States to raise tariffs on imported Chinese products, saying escalating trade frictions is against the interests of the two peoples as well as people of the world.

“China deeply regrets this, and will be forced to take necessary countermeasures if the US side puts the tariff measures into effect,” says a statement released on Wednesday.

The United States announced on Wednesday that it would raise tariffs on US$200 billion worth of Chinese goods from 10 percent to 25 percent as of May 10.

Spying Airbnb Host Detained And Fined

(THIS ARTICLE IS COURTESY OF THE SHANGHAI CHINA NEWS AGENCY ‘SHINE’)

 

Spying Airbnb host detained and fined

An Airbnb host from Qingdao in Shandong Province was given a 20-day detention and fined 500 yuan (US$74) after a guest found a hidden webcam in his bedroom, Beijing Youth Daily reported on Monday.

The guest told the newspaper he booked the house at the end of March. “When I booked, it cost about 1,700 yuan (US$250) for three nights, and the host was labeled as ‘excellent’ by the site and has many positive comments by customers.” He said he hadn’t met the host, only communicating via WeChat.

Because he is engaged in information security, the guest added, he made it a habit of checking rooms for security flaws. For example, if it was possible to open a locked door from the outside.

When he and his party arrived at the house around 10pm on May 1 his suspicions were aroused.

“There were three motion sensors in the porch and two bedrooms, but the whole house was not equipped with a smart home system.”

Motion sensors are used in smart home networks in order to know if someone is in the house when it should be empty or to start smart devices.

This discovery prompted him to further examine the entire house. He then noticed something unusual about the Wi-Fi router — one of the indicator lights looked different and he suspected it was a camera.

The camera lens hidden in a Wi-Fi router spotted by the Airbnb guest.

Excess wiring and a memory card were found in the router.

Opening it up, he found there was wiring inside than in normal routers. After consulting a WeChat group for advice he confirmed that the device had been converted when it was compared to similar models. “I took the router apart and when I turned the screw, I found it was very loose, which made me more sure about my suspicion because if it was original and unchanged, the screw would be tight.”

Inside, he found a memory card, which a normal router doesn’t need. “I called the police immediately after I saw the card.” The police took the card and other electronic devices away and the guest moved to another hotel. The next day he gave police a statement.

He told the newspaper that his work involved Internet security and part of a course on privacy protection was on how to find spy cameras.

He showed the newspaper’s reporter the administrative punishment issued by Laoshan police. The ruling said the host had illegally installed a pin-hole camera in a bedroom facing the bed. The host also didn’t have a legal permit to offer accommodation for rent.

Executed concurrently, the homeowner got 20-day detention with a 500 yuan fine and the homestay was shut down.

The guest said Airbnb had refunded his stay. Airbnb told the newspaper it had given a full refund after the guest reported the incident to them on the night of May 2 and had guaranteed to pay for his hotel room.

Airbnb said it had apologized and promised to follow up the incident. The company had a zero-tolerance approach to invasions of privacy and had permanently removed the property from its platform.

Airbnb requires hosts to disclose all surveillance devices in their listings, and prohibits any surveillance devices that observe the interior of certain private spaces (such as bedrooms and bathrooms) regardless of whether they’ve been disclosed.

Shanghai lawyer Spring Liu, a partner in the Duan & Duan Law Firm, told Shanghai Daily that under Chinese law e-commerce operators are supposed to verify the business qualifications of merchants to protect consumers’ rights and interests. In this case, Liu said, the platform should be held accountable if it had failed to verify the host or if it knew or should have known that the host had breached the privacy of customers but hadn’t taken any necessary measures to stop it. The local market authorities could launch an investigation and issues penalties if there were violations of the law.

The platform is registered in Beijing, according to the online National Enterprise Credit Information Publicity System.

In March, The Atlantic magazine reported that Max Vest, who stayed with the host of a Miami Airbnb in January, had found two small, black, rectangular boxes facing the bed. They looked like phone chargers but when he got closer, he realized they were cameras and were recording. Airbnb refunded his money and removed the host from its site.

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