Shanghai stocks notch fifth straight week of wins

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

 

Shanghai stocks notch fifth straight week of wins

Huang Yixuan

Shanghai stocks retreated slightly on Friday, but still managed to close out a fifth consecutive week in positive territory.

The benchmark Shanghai Composite Index edged down 0.05 percent to 3,083.79 points, and the blue chip CSI300 Index closed 0.18 percent lower at 4,144.96 points. The smaller Shenzhen Component Index, however, rose 0.17 percent to 10,656.41 points, while the ChiNext Composite Index advanced by 0.18 percent to 1,832.74 points.

Turnover on the two major bourses totaled 695.4 billion yuan (US$99.8 billion), 56.1 billion yuan less than the previous session. Overseas capital continued to flow into the Chinese mainland market via the Stock Connect schemes, posting a net influx of 3.36 billion yuan by the close of trading.

Liquor shares were among the big decliners. Leading firm Kweichow Moutai extended its recent slump, falling by 4.55 percent to its lowest level since mid-September, as revenue and net profit growth in 2019 fell short of expectations.

Anhui Gujing Distillery Co fell 3.01 percent, while Anhui Kouzi Distillery Co shed 2.46 percent.

Home appliance firms were also among the losers, with Haier Smart Home Co closing 3.92 percent lower and Midea Group Co down 2.49 percent.

Real estate companies, transportation shares, and the catering and tourism sector also posted declines, while media firms, computer companies and the communication industry performed well.

On the STAR Market, 45 of the total 70 listed companies gained on the day.

For the week, the Shanghai Composite Index was up 2.63 percent, extending its rally to a fifth week in a row. Total turnover also expanded to 1.11 trillion yuan compared with last week’s 1.03 trillion yuan.

China: World Expo history on show in Shanghai

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

 

World Expo history on show in Shanghai

Hu Min
World Expo history on show in Shanghai

Jiang Xiaowei / SHINE

A visitor examines documents related to the history of the World Expo.

World Expo history on show in Shanghai

Jiang Xiaowei / SHINE

Documents related to the World Expo are on display at the World Expo Museum in Huangpu District.

An exhibition that opened at the World Expo Museum in Huangpu District on Wednesday features around 300 exhibits recording the 168-year history of the event.

“Read the World — Exhibition of Expo Historical Documentations” has four sections — Expos Described by Pens, Expos in Painting and Crafts, Art Across the Globe, and Composing the Future.

It includes reports, awards, certificates, newspapers, journals, design sketches and novels related to the event in many languages.

“The display traces the history of the World Expo and provides a wide range and different aspects of the expo,” said Vicente Gonzalez Loscertales, secretary general of the Bureau of International Expositions.

The exhibits include 3D Expo 1862, a book with 3D Expo images, a perfecscope for viewing stereographs in the 19th century, a paper peepshow dating back to the 19th century, a series of prints of Crystal Palace (the building that housed the 1851 Great Exhibition), Crystal Palace cigarette cards issued by a British cigarette maker in 1937, the certificate of appointment of the advisory committee of the Louisiana Purchase Exposition in 1904, a Crystal Palace Theater advertising leaflet, books with design sketches of Expo pavilions, designers’ notes and Le Petit Journal, a popular newspaper which presented colorful engravings of pavilions at the 1900 Expo in Paris, as well as tickets, passports and invitation letters from previous expos.

A wooden fruit platter from the Guinea Pavilion at the 2015 event in Milan, commemorative medals of the 1970 Expo in Osaka, postcards of different expos, an Underwood typewriter, the phototype of the giant typewriter exhibited at the 1915 Expo, and award winning phonographs exhibited in Paris in 1900 and St Louis in 1904, and Tagine, a type of North African cookware from the Morocco Pavilion of the 2015 Milan Expo are also featured.

The New Record of Traveling around the World by Li Gui (1842-1903) in 1878 is also on display.

The Qing Dynasty (1644-1911) government was invited to form a delegation to the 1876 Expo in Philadelphia and customs officials at that time were mostly foreigners. Li, secretary of the deputy commissioner of Ningbo Customs, was the only Chinese person in the delegation. In 1878, Li published the book which was the first detailed Chinese monograph recording the World Expo.

The exhibition will run through February 9. Lectures and concerts will be hosted during the exhibition.

Meanwhile, a library with 100,000 collections will open next year inside the museum.

The museum has valuable collections in 14 languages related to the World Expo dating back to 1831.

World Expo history on show in Shanghai

Jiang Xiaowei / SHINE

A visitor takes pictures during her visit to the World Expo exhibition.

Ukraine, Russia agree on full ceasefire in eastern Ukraine before 2019-end

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

 

Ukraine, Russia agree on full ceasefire in eastern Ukraine before 2019-end

Xinhua
Ukraine, Russia agree on full ceasefire in eastern Ukraine before 2019-end

AFP

This handout picture released by the Ukrainian presidential press service early on December 10, 2019, shows (from left to right) Ukrainian President Volodymyr Zelensky, German Chancellor Angela Merkel, French President Emmanuel Macron and Russian President Vladimir Putin giving a press conference after a summit on Ukraine at the Elysee Palace, in Paris.

Ukraine and Russia have agreed on a full and comprehensive implementation of a ceasefire in eastern Ukraine before the end of 2019, announced leaders of Russia, Ukraine, France and Germany on Monday evening.

“The parties commit to fully implementing the ceasefire, which will be consolidated by the implementation of all necessary ceasefire support measures, before the end of 2019,” said a joint declaration issued by French President Emmanuel Macron, German Chancellor Angela Merkel, Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky.

Following the talks called Normandy Four Summit, the parties also agreed to hold another meeting in the Normandy format in the next four months, discussing “political and security conditions for local elections,” said the declaration.

Established in June 2014, the Normandy Four is a contact group for senior officials from the four countries to resolve the conflict in eastern Ukraine that erupted in April 2014.

Monday’s summit was the first of its kind in three years. The last was held in Berlin in 2016.

It was also the first time that Putin and Zelensky met face to face since the latter was elected president earlier this year. After the four-party talks, the two leaders had a separate one-on-one meeting.

China: ‘Yellow Vest’ back in France, tensions raised in Paris

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

 

‘Yellow Vest’ back in France, tensions raised in Paris

Xinhua

Tensions were high at several places in Paris on Saturday afternoon as “Yellow Vest” resumed nation-wide action to mark the anniversary of their movement.

At Place d’Italie in the 13th disfranchisement, where hundreds of demonstrators gathered, barricade gates, street vending booths were broken, garbage cans and scooters were set on fire. Police used tear gas and water cannons to disperse violent protesters.

At several spots near the Peripheral road, the situation turned tense as protesters blocked roads and clashed with police.

On avenue Champs-Elysees and surrounding areas, where had been the worst scenes of mayhem last year, the situation was calm. Fully-armored police forces were heavily present to prevent radical acts.

Paris police prefecture announced 41 arrests and 1,497 preventive controls, reported Franceinfo, a French domestic rolling news channel.

Outside Paris, 118 demonstrations have been launched with some 2,500 participants, according to French media.

On social networks where the movement was born, “act 53” — the 53rd weekend of action, promises some 270 actions over the weekend across the country in a bid to show that they can still win support.

Attendance of demonstrations sharply diminished in past months from the height of the movement which began on Nov. 17 last year.

China: Foreign writers get a taste of Bund life

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

 

Foreign writers get a taste of Bund life

Foreign writers get a taste of Bund life

Jiang Xiaowei / SHINE

Nine foreign writers, invited by the Shanghai Writers’ Association to stay in the city for two months, tour the Bund.

As one of the iconic landmarks of Shanghai, the Bund has attracted countless travelers from all over the world with the charm generated from its century-old history as a waterfront foreign street where East meets West through the cluster of Western-style buildings.

Yesterday, it received a new group of visitors, nine foreign writers, invited by the Shanghai Writers’ Association to stay in the city for two months to experience life here as part of the 2019 Shanghai Writing Program. They are from countries including the United Kingdom, Belgium, Italy, Russia and Mexico; some first-time visitors.

Foreign writers get a taste of Bund life

Jiang Xiaowei / SHINE

The foreign writers learn the history and stories about No.1 Waitanyuan, the former British Consulate in Shanghai, during their tour.

Three famous buildings were selected as their tour stops — the No. 1 Waitanyuan (former British Consulate in Shanghai), Fairmont Peace Hotel and its inner museum, and the Shanghai Customs House and its clock tower — so that they could have a better understanding of the area’s history.

At the No. 1 Waitanyuan, last in the line of 23 waterfront heritage buildings on the Bund, the writers enjoyed the elegant inner decoration of the place where the former consuls lived in olden times and the beautiful grand view of its yard.

Foreign writers get a taste of Bund life

Jiang Xiaowei / SHINE

The writers look at a photo album of celebrities who once lived in the Fairmont Peace Hotel at a small museum inside the hotel.

The Fairmont Peace Hotel, once the “tallest building in the Far East,” looks like a grand dame standing still on the Bund. The well-designed structure and stairs are like a glamorous dress, while the elaborate and ornate decorations are like jewelry, which kept the writers busy with their cameras. They also visited a small museum about things related to the hotel.

Foreign writers get a taste of Bund life

Jiang Xiaowei / SHINE

The foreign writers listen to Wei Yunsi (left), the bellman at the Shanghai Customs House, who provided historical details about the building and its clock tower.

Foreign writers get a taste of Bund life

Jiang Xiaowei / SHINE

Mexican writer Noe Morales Munoz points at something of interest in the clock tower of the Shanghai Customs House.

The Shanghai Customs House opened its clock tower to the writers, where the 91-year-old Shanghai Customs House clock was sleeping. It wakes up every quarter of an hour and sings the song “Dongfanghong,” or “The East is Red,” at different length — a quarter is the shortest and an hour is the longest. Inside the tower, writers learned the history of the building and the clock — and how it works. They also enjoyed a bird’s-eye view of the Bund from the tower.

Foreign writers get a taste of Bund life

Jiang Xiaowei / SHINE

The nine foreign writers talk about the differences between the architecture and culture in their hometowns and in Shanghai during the forum “Explore The Bund”.

In the afternoon, a forum “Explore the Bund” was held at the Shanghai Archives for the writers to discuss their thoughts on the tour, and the differences between the architecture and culture in their hometowns and in Shanghai.

“I really like Shanghai architecture. And in particular, I like the fusion of all traditional China and modern Shanghai,” said Viola Di Grado from Italy. “The reason why I like this mixture is because I feel like my psychological landscape is a bit like Shanghai because I have all these different things inside me. So I feel like I’m a bit of a Shanghai type of soul.”

British novelist Gerard Woodward told Shanghai Daily: “It’s been amazing. It has been so incredible to see the inside of these buildings, especially being up here, in the clock tower of the customs house. That’s all about the history of the city and the relationship between Shanghai and the outside world.”

Wang Wei, vice chairman of the writers’ association, revealed that the Shanghai Writing Program, an important cultural exchange activity in the city, has been running for 12 years.

“Literature is the easiest language in communication. Through this program, we bring foreign writers and discover how literature grows in their countries. Meanwhile, our literature goes overseas.”

The event was co-organized by the Bund Subdistrict, Huangpu District Culture and Tourism Bureau, and Shanghai Daily.

China’s first 5G-streamed robot-assisted surgery conducted in Shanghai

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

 

China’s first 5G-streamed robot-assisted surgery conducted in Shanghai

Video provided by Renji Hospital

The first robot assisted surgery broadcast through 5G was conducted in Renji Hospital on Thursday, allowing doctors throughout the Yangtze River Delta region to witness proceedings.

Doctors in other parts of the Renji medical network, student doctors studying in Renji and those working in Renji’s branch in Ningbo, Zhejiang Province, were able to watch the whole da Vinci procedure performed by Dr Zhong Ming, deputy director of Renji’s gastrointestinal surgery department.

Da Vinci is surgical system which uses robotic technology to allows surgeons to perform minimally invasive procedures.

China's first 5G-streamed robot-assisted surgery conducted in Shanghai

Ti Gong

Dr Zhong Ming from Renji Hospital operates the da Vinci system.

“We have tried 3D and VR in previous broadcasts. The previous limits of our digital technology, hardly met the requirements for medical education,” Zhong said. “5G allows students and interns to clearly see each step of the surgery in real time.”

Doctors from remote areas are perhaps the greatest beneficiaries. 5G allows them to see the most advanced technology in leading hospitals.

“Without the broadcast, I may never have had a chance to witness a da Vinci surgery in my entire life,” said Dr Yu Mengxi from Yunnan Province, who is in training at Renji Hospital.

Zhang Jidong, vice president of Renji Hospital, said surgery broadcasts are a very effective way to introduce doctors in rural areas to new medical technology, eventually benefiting more patients.

China's first 5G-streamed robot-assisted surgery conducted in Shanghai

Ti Gong

The da Vinci surgery system

China: Shanghai 4th in world ports

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

 

Shanghai 4th in world ports

Shanghai ranks the fourth among international shipping centers, following Singapore, Hong Kong and London, according to the latest Xinhua-Baltic Exchange International Shipping Center Development Index on Thursday.

Singapore took top spot with three outstanding factors — port facilities, maritime services and overall environment. Dubai, Rotterdam and Hamburg are also in the top 10 list.

Shipping development in Shanghai and Dubai, two important cities in emerging economies, has increased greatly thanks to their rapidly developing modern maritime collection and distribution system, continuous rising shipping service ability, the driving power of free trade zones, and improved business environment, the index noted.

A total of 43 international port cities were evaluated.

Shipping centers in Asia are full of vitality in development, and their competitiveness is continuously growing, said Cao Zhanzhong, a chief economics analyst at the China Economic Information Service.

Shanghai remains the world’s busiest container port, with a guaranteed capacity of 100 million people and 5.2 million tons, and 110 air carriers had flights to Shanghai, with the airline network covering 297 cities around the world, the city government said last year.

The city is creating a sea and air hub featuring highly concentrated shipping resources, complete shipping service functions, a good shipping market environment and efficient logistics, according to a three-year plan on the city’s international shipping center construction by 2020.

Lifting the transit function of international air cargo and promoting operations of express delivery, cold chain logistics and cross-border e-commerce are on the agenda.

The 4th phase of the Yangshan Deep-Water Port was completed in December 2018, with a berthing capacity of 150,000 tons. The highest throughput of the port reaches 14,451 TEU (20ft equivalent unit) daily, and its yearly throughput is expected to surpass 2 million TEU.

London and Singapore lead in shipping services, said Cao. London is strong in shipping finance and law, while Singapore has advantages in shipping broker and ship management, he said.

China’s coastal cities had an overall good performance, with Zhoushan, Guangzhou, Qingdao and Dalian ranking 13, 16, 17 and 20, respectively.

The index was launched by China Economic Information Service, a subsidiary of Xinhua news agency, China Financial Information Center and the Baltic Exchange.

Afghanistan: 50 children injured in Kabul bomb blast

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

 

50 children injured in Kabul bomb blast

AFP
50 children injured in Kabul bomb blast

AFP

Wounded Afghan men receive treatment at the Wazir Akbar Khan hospital following a car bomb attack in Kabul on July 1, 2019.

At least 50 children were among more than 100 people wounded yesterday when the Taliban detonated a powerful car bomb in Kabul, officials said, the latest deadly attack in one of the most dangerous countries in the world to be a child.

Save the Children led international condemnation of the blast targeting a defence ministry building, which sent a plume of smoke into the air during rush hour and shook buildings nearly 2 kilometers away.

It was followed by gunmen storming a nearby building and triggering a gun battle with special forces in the Puli Mahmood Khan neighbourhood of the Afghan capital.

Officials said all five attackers have been killed and a clearing operation is ongoing.

At least three people have been killed, including one child, and 116 wounded, according to the health ministry, though that figure is expected to change once the clearing operation has been completed.

Among the wounded were 50 children, the education ministry said in a statement, adding that most had been hurt by flying glass and were in stable condition. Some social media images purportedly taken at a hospital showed wounded, stunned children in school uniforms, still clutching books as they arrived for treatment.

In its statement, the education ministry said five schools had been partially damaged, and asked “all sides involved in fighting to guarantee the safety of students, teachers, education workers and schools.”

Such an attack was “utterly deplorable,” Save the Children said in a statement, warning that “children’s smaller bodies sustain more serious injuries than adults.”

China: 15 pulled from rubble after building collapses

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

 

15 pulled from rubble after building collapses

Shot by Zhou Shengjie. Edited by Zhang Long.

Jiang Xiaowei / SHINE

The 4S store collapsed just before noon on Thursday.

At least 15 people have been pulled out of the debris of a 4S car dealership store that collapsed in city’s downtown Changning District as of Thursday afternoon, according to firefighters.

The collapse happened around 11:30 am at a Mercedes-Benz 4S store at 148 Zhaohua Road, which was being renovated.

A total of 24 fire engines and more than 150 firefighters rushed to the scene and by 2:30pm, 15 trapped people had been rescued.

Jiang Xiaowei / SHINE

Rescue work is ongoing.

Medical professionals and ambulances are at the site and rescue work is still underway.

At least four injured men have been taken to Huadong Hospital. Two suffered from serious injuries while the other two were slightly hurt. Another four are being treated at Huashan Hospital.

Jiang Xiaowei / SHINE

Firefighters pull  a man out of the debris.

Jiang Xiaowei / SHINE

Rescue workers are at the scene.

Shanghai refugee’s New York surprise

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

 

Shanghai refugee’s New York surprise

Ti Gong

Guests are pictured at a reception at Brooklyn Public Library for an exhibition recalling the life of Jewish refugees in Shanghai.

A former refugee given shelter in Shanghai during World War II got a surprise when she spotted herself in photographs at an exhibition which has just opened in New York.

The exhibition, “Jewish Refugees in Shanghai,” documents the period when about 23,000 Jewish people arrived in Shanghai between 1933 and 1941 to escape the Nazis. It tells of how they adapted to the city life and of the friendships they made with local residents.

“That young lady is me,” Betty Grebenschikoff, 90, said as she stood in front of a photograph showing her family on Lintong Road, formerly known as Macgregor Road, in Hongkou District in 1941.

A photo of Grebenschikoff and her husband, a Russian sports teacher, at the former racecourse near People’s Square in 1949 was also on display at Brooklyn Public Library, along with photos of their marriage certificate in Chinese and her residence certificate.

It was in Shanghai that Grebenschikoff met her husband, who died in 2002. The couple held their wedding in the Park Hotel in Shanghai in 1948.

Grebenschikoff, who is originally from Berlin, lived in Shanghai from 1939 to 1950. She was just 10 years old when war broke out. Her father bribed the captain of a Japanese ship to take her, along with her parents, sister and uncle, to Shanghai.

She has since been back to the city several times to visit her former home at 51 Zhoushan Road in Hongkou with her daughters. She donated her wedding dress, a classic local-style garment handmade by her husband’s mother to the Shanghai Jewish Refugees Museum. Her third and fourth daughters wore the wedding dress when they got married.

She has also written a memoir, “Once My Name Was Sara,” which was published in English and Chinese, about her life in Shanghai.

Ti Gong

Betty Grebenschikoff (second from left), a 90-year-old former Jewish refugee in Shanghai, looks at some of the photos on display at the Brooklyn Public Library.

At the reception of the exhibition, Grebenschikoff met another former Jewish refugee who had lived in Shanghai, and both shared their memories of the city.

The exhibition, under the guidance of the Information Office of Shanghai and the Hongkou District government, was organized by the Shanghai Jewish Refugees Museum and Brooklyn Public Library.

“The exhibition showcases the dust-laden history to US audiences, which has shocked and touched them,” a museum official said. “Some visitors appreciated the generous assistance offered by Shanghai and its citizens even if Chinese people were also suffering during that period.”

The exhibition, which is underway at the library until May 10, incorporates photographs from the time and two Shanghai-produced documentaries. Conferences and meetings between former refugees, their children and historians are also being held.

Over 70 former refugees, diplomats and officials with Jewish organizations attended the reception at the library on Tuesday.

Brooklyn has some 580,000 Jewish residents, many of them former Shanghai refugees and their children.

Ti Gong

A former refugee who lived in Shanghai shares her experiences with visitors at the Brooklyn Public Library reception.