It is easy to feel the influence of the US when dealing with region

al affairs in Southeast Asia. Although Duterte’s strategies differ in some ways fro

m those of his predecessors, the US still has strong influence on the Philippines. It is understandable that M

anila may worry that the takeover of strategic facilities by Chinese companies could affect its relationship with the US. So

me US politicians may also use the South China Sea issue to instigate reckless moves against Chinese investment.

Politicizing investment is a pervasive problem faced by China as the country pushes forward the BRI. China and the Philippines need to make join

t efforts to resolve the issue. China should back the establishment of mechanisms such as the South China Sea Code of Conduct to sa

feguard the interests of all parties and build the foundation for win-win cooperation. As for the Philippines, the c

ountry needs to rid itself of US influence with a new understanding of the Chinese investment. We hope the Philippines can p

rovide fair treatment to Chinese enterprises and abandon its old idea that it has to take sides between China and the US.

ashbb.com

But Myanmar still has some obstacles to deal with in order to attr

act foreign capital. The first is instability in the job market and relatively low labor efficiency. Particularly, the recent years have seen an increasing number of strikes and th

e failure of the government to ease industrial relations conflicts with effective measures has crippled investor confidence in the country. Some foreign ente

rprises even withdrew from Myanmar and shifted to neighboring countries, denting the image of the nation.

Second, Myanmar’s backward infrastructure may deter potential investors. A small number of power generation facil

ities and fragmented grids cannot ensure stable and sufficient power supply. Access to electricity is li

mited to only 26 percent of the population, impeding Myanmar’s economic development.

Third, some Myanmese are prejudiced against foreign investment. Worrying that Myanmar’s ec

onomic and social interests may be impaired, they turned their backs on foreign investment. De

monstrators rallied in Kachin State to demand the government permanently halt the Myitsone dam project, without giving any

constructive suggestion on the follow-up arrangements. It’s fair to say some movements against foreign-inv

ested projects, driven by nationalism and so-called environmental concern, are of no help in improving the country’s inv

estment environment, and have hijacked economic development. Respecting the spirit of the contract is a bas

ic requirement for modern states and their people. Myanmar State Councilor Aung San Suu Kyi recently said an a

dministration shouldn’t terminate foreign-invested projects approved by its predecessor.

www.daochuwan.cn

The US team expressed the willingness to make joint effor

rts with the Chinese team to strive for the conclusion of a deal that meets the interests of both sides.

“We bring the best wishes of President Trump. He’s asked us to state that

he also places great importance on his personal relationship with you,” Lighthizer said.

“We have had two very good days of negotiations. We feel that we have made headway on some very, very important and

very difficult issues,” he said. “We have additional work we have to do but we are hopeful.”

Xi asked Lighthizer and Mnuchin to extend his sincere greetings to President Trump, saying

that he cherishes their good working relationship and would like to keep in contact with him.

shlf18.com

Both sides had specific discussions about a memorandum

of understanding on bilateral economic and trade issues, Xinhua reported. The two sides said they will step up their work

within the time limit for consultations set by both heads of state, and strive for consensus.

Vice-Premier Liu He, US Trade Representative Robert Lighthizer and US Treasury Secretary Steven Mnuchin headed the talks.

After tit-for-tat exchanges of hefty import tariffs, China and the US agreed in December to halt new ta

riffs for 90 days to allow for talks. Since then, the world’s two largest economies have conducted i

ntense negotiations on a wide array of topics, such as trade and structural issues.

Wei Jianguo, vice-president of the China Center for International Economic Ex

changes, said China and the US have maintained close contacts in recent m

onths, which reflects their positive desire to solve genuine problems and foster cooperation.

Wei, a former vice-minister of commerce, underlined the importance of conducting rule-based negotiations and seeking win-win solutions.

Diao Daming, associate professor at Renmin University of China’s School of International Studies, said the world’s two la

rgest economies can deliver positive results in future trade talks to allay global concerns.

hdflower.net.cn

Five more lunar locations get Chinese nameon Jan

ive more geographical entities on the moon have been given Chinese names, based on discoveri

es from China’s latest Chang’e 4 mission, according to a news conference on Friday.

The China National Space Administration, Chinese Academy of Sciences and International Astronomical Union held a j

oint news conference Friday to announce the five names approved by the IAU on Feb 4.

The landing site of the Chang’e 4 probe is named Statio Tianhe, and three annular pits around the landing site are called Zhin

yu, Hegu and Tianjin. The central peak in the Von Karman Crater is referred to as Mons Tai.

The five places are clearly shown on high-resolution images based on data from the Chang’e 2 and Chang’e 4 missions.

China’s Chang’e 4 probe, launched on Dec 8, landed on the Von Kar

man Crater in the South Pole-Aitken Basin on the far side of the moon on Jan 3.

Tianhe, another name for the galaxy in ancient China, implies that th

e Chang’e 4 probe served as a pioneer in the history of human lunar exploration.

wedding-gowns-whoLesaLe.com

Unexpected twist in Gui case embarrasses Swedish FM

There has been a new unexpected twist in the case of Gui Minhai, and this time, the Swedish Ambassador to China Anna Lindstedt is involved.

Gui Minhai was born in China and later became a naturalized Swedish citizen. He was a Hong Kong-based bookseller be

fore being sued in the Chinese mainland in 2015. That lawsuit strained relations between China and Sweden.

His daughter, Angela Gui, has recently detailed a bizarre account of her visit to Stockholm, which has

embarrassed the Swedish Ministry of Foreign Affairs. Angela Gui, who grew up in Sweden, now live

s in Britain where she is studying for a PhD in history at university. She gave her account in a media interview last we

ek and made an announcement Wednesday on her blog. Gui said that Ambassador Lindstedt contacted her in mid-January, inviting her to go to Sto

ckholm to meet two Chinese businessmen, who Lindstedt trusted, to discuss a new approach to her father’s case.

Angela Gui said she went to Stockholm in late January where she met two Chinese businessmen in the presence of Lindstedt. In

her statement, she said that the two businessmen asked her to stop all media engagements and public comment in exch

ange for her father’s release or commutation. According to Gui, Lindstedt supported the plan and said t

hat if not, the relationship between Sweden and China would otherwise be further undermined.

Angela Gui said that after the meeting, she called the Swedish Ministry of Foreign Affairs for confirm

ation. “They told me they hadn’t had the slightest idea this whole affair was taking place. They hadn’t even been informed the amb

assador was in the country,” she wrote. In her account of what happened, she not only gave details of the meeting,

but also described how she was feeling threatened and how the whole arrangement seemed suspicious.

funhorsy.com

Hopefully, the discussions over the past three month

hs have helped both sides to better understand each other’s concerns and fostered greater mutual trust.

That the feel-good atmosphere that has prevailed since the January discussions in Washington has been mai

ntained by this round of talks was evident as the negotiations are to continue in the US capital next week. This welcome dev

elopment was confirmed by Xi, who said he hoped the discussions would carry forward the positive momentum as i

t conformed to the interests of both countries to strengthen their cooperation.

Although it is probably too hasty to interpret from this that a deal is imminent given s

ome of the US demands, it is to be hoped that the just-concluded negotiations have laid the groundwork for

next week’s discussions to establish a framework for a resolution to the trade dispute, so that a meeting between Xi and T

rump, which is regarded as necessary to finalize any deal, can be scheduled for this purpose as soon as possible.

New progress on the outstanding difficult issues is imperative as the trade frictions have not been good for either country, despite claims to the contrary.

www.ex079.cn

The tariffs imposed on Chinese goods by the US so far hav

ave had a negative impact on the Chinese economy, but it has shown resilience in coping with the shocks, and the repercussions have not been as severe as pred

icted. In January, for instance, Chinese exports rose 9.1 percent from a year earlier, compared with a 3.5 percent declin

e in December, according to customs data released on Thursday. And although its export growth to the US continued t

relations with a deal that is in line with the interests of both countries. If that has been the shared und

erstanding during this week’s talks, and it is carried forward in the negotiations in Wa

shington next week, hopefully the two sides will be able to narrow the differences between them sufficiently so that the t

o drop, no doubt due to the raised tariffs on Chinese goods, China’s shipments to other major

markets, such as the European Union, Japan and Southeast Asia, all rose strongly.

Meanwhile, leyishengpxcn/ions otherwise, the US economy has not rem

ained unscathed, as shown by the need to offer emergency assistance to its farmers and t

he voices of complaint from US companies urging the administration to change tack.

Cooperation based on fully respecting mutual interests is the best way for t

he two countries to renew their trade and economicwo leaders can pencil in a date f

or a meeting at which they can shake hands on a deal that sets the right course for future relations.

ex079.cn

Lai Xiaomin charged with bribery, corruption and bigamy

ai Xiaomin, former China Huarong Asset Management board chairman, has been charged with bribery, corruption and bigamy, the Supreme People’s Procuratorate said on Friday.

China Huarong is one of the country’s four largest State-own asset management companies.

It is alleged that Lai exploited various professional positions, including head of the Huarong

corporation and director-general of the banking supervision department of the People’s Bank of China.

While in these positions, it is claimed that he asked for and received significant benefits in exc

hange for “aid”, according to a press release from the SPP, the country’s top prosecuting authority.

It also alleged that Lai was in illegal possession of a large number of public properties, a

nd that he was living as husband and wife with a woman other than his wife, the release said.

Lai, 56, was placed under investigation by the Central Commission for Discipline Inspection (CCDI) o

f the Communist Party of China in April last year for “serious violations of disciplinary rules

and laws”, and was expelled from the Party and removed from public office six months later.

The CCDI said he violated political disciplines and State financial policies to blindly expand the c

ompany and operate it in a disorderly manner, resulting in it deviating from its primary tasks and business.

Lai, a Jiangxi province native, started his career at the People’s Bank of China in July 1983, and went on

to hold key positions at the China Banking Regulatory Commission and Beijing Banking Regulatory Bureau.

247xe.cn

Easing likely with slowing of economiespected to move

na may move more toward monetary easing, joining a group of other major economies prone to dovish policy typified by more accommodative measures that stimulate growth, analysts said.

This comes at a time when global central bank governors have become more concerned about an economic slowdown and put tightening measures on hold.

Central bankers in the United States, European Union, Japan and Oceania have had a change in

mood in the past month, given worries that a too tight monetary environment may not cushion the

ir economies from shocks from trade tensions, Brexit and financial vulnerabilities. They sounded the alarm ov

er global uncertainties after the International Monetary Fund downgraded its forecast of the world’s economic growth in January.

With bank governors delivering dovish speeches one after another, the Chinese mo

netary authority is considering an adjustment to financial institutions’ “act

ual” lending rate for companies in order to remove the “obstacle” that constrains credit flowing into the co

untry’s production sector, according to Sun Guofeng, head of the PBOC Monetary Policy Department

113xe.cn