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Trump must turn over financial records to House, judge rules

A federal judge in Washington ruled Monday against President Donald Trump in a financial records dispute with Congress.

US District Judge Amit Mehta, who was appointed by President Barack Obama, said T

rump cannot block a House subpoena of financial records. He sai

d the Democratic-led House committee seeking the information has said it belie

ves the documents would help lawmakers consider strengthening ethics and disclosure laws, among other things.

The committee’s reasons were “valid legislative purposes,” Mehta said, and it was not for hi

m “to question whether the Committee’s actions are truly motivated by political considerations.”

The decision comes amid a widespread effort by the White House and the preside

nt’s lawyers to refuse to cooperate with congressional requests for information and records.

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China will further open the financial market to welcom

e more overseas investors in. The cross-border trade and investment will be more free and convenient, said Pan.

He called China’s economy stable, as the major economic indicators were within a reasonable range.

In April, the National Bureau of Statistics said the purchasing ma

nagers’ index for the manufacturing sector stood at 50.1, indicating expansion as the reading was above 50.

The broad money supply, or M2, increased 8.5 percent year-on-year by the end of April, compared with 8.3 percent a year earlier.

“The prudential monetary policy was focused on countercyclical adjustments this year, maintaining flexibility as well as

ample liquidity to promote fast growth of credit and strengthened support of private and small enterprises,” Pan added.

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screenshot of the “father sharing” mini programher” is also

While some netizens praised the story, others felt cheated for the home decoration advertisement afte

r the video. Jiang Luxian, a lawyer from Chengdu, Sichuan province, said the advertisement probably violates relevant provisions of the A

dvertising Law, and the creativity of “sharing father” is also improper for public order and traditions.

Oppein, the creator behind the promotion, however, said on social media that

it hoped everyone would pay attention to the lack of father figures, and return to the family for love.

“Everything can be shared in this era, apart from family love,” the company said.

China’s foreign direct investment climbed 6.4 percent year-on-year to 305.24 billio

n yuan ($44.38 billion) in the first four months, the Ministry of Commerce said Thursday.

Meanwhile, investment from South Korea, the United States and Germany in Chin

a grew 114.1 percent, 24.3 percent and 101.1 percent year-on-year, respectively.

In April alone, FDI amounted to 62.95 billion yuan, up 6.3 percent year-on-year.

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then to 0.20, together with the inclusion of Mid Cap China

 A shares, in the final step as part of the November 2019 Semi-Annual Index Review, according to the report.

About 109 companies will be added and three removed from the MSCI China A Onshore Index, whic

h will take place as of the close of May 28, and the three largest additions to this index would be the

Wens Foodstuff Group A, Contemporary A and Shenzhen Mindray A, the MSCI said.

In addition, the MSCI China A Onshore Small Cap Index will see 503 stocks added and 49 cut, with most of the new addi

tions coming from newly eligible ChiNext stocks, according to an official statement of MSCI.

MSCI also updated the list of China A Mid Cap securities that may potentially be adde

d to the MSCI China and the MSCI Emerging Markets Indexes as part of the third step of th

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he premier attached great importance to such measur

asures as reducing the rate of the value-added tax, increasing the

tax exemption for research costs and reforming individual income tax.

The measures should not only ease the tax burden for manufacturing com

panies but also reduce taxes for construction enterprises, which provide a great num

ber of jobs, Li said, adding that all industries should be covered by the benefits of tax cuts.

Li pledged more efforts to urge government departments and State-owned e

nterprises to pay off their debts so that the effects of tax reduction are not diminished.

The government will take further measures to deepen reform and opening-up, en

courage innovation and entrepreneurship and promote fair competition, Li said, adding that com

panies should also seize the opportunity to promote high-quality growth.

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President hails Nepal’s participation in BRIing holds a w

China and Nepal should strengthen cooperation on infrastr

ucture construction and continue to promote the construction of the China-Nepal c

ross-border economic cooperation zone, President Xi Jinping said in Beijing on Monday.

Xi made the remark during his meeting with his Nepali counterpart, Bidhya Devi Bhandari, who is on a nine-day state visit to China.

China greatly values its ties with Nepal, and supports Nepal in maintaining its national independence, state sovereignty and te

rritorial integrity as well as exploring a path of development that suits its national conditions, Xi said.

Also, China appreciates Nepal’s firm and long-standing support over issues related to China’s core inte

rests and major concerns and its active participation in jointly building the Belt and Road, Xi s

aid. He added that China will continue to support Nepal’s economic and social development.

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On investment, members of the cooperation mechan

nism will provide a fair and just environment and a level playing

field for foreign companies doing business in their own countries by upholding the principl

es of mutual respect, mutual benefit and fair competition, according to the guidelines.

On the role and significance of China-CEEC cooperation, the guidelines said the mechan

ism constitutes an important part of Europe-China relationship and complements the EU-China Compre

hensive Strategic Partnership and the EU-China 2020 Strategic Agenda for Cooperation.

Reaffirming their commitment to deepening their partnership for peace, growth, reform a

nd civilization, the participants to the leaders’ meeting expressed their support for the early conclu

sion of an ambitious EU-China Comprehensive Agreement on Investment, said the guidelines.

On the Belt and Road Initiative, the participants said they recognize the importance

of the initiative and the EU Strategy on Connecting Europe and Asia and welcome forging synergies between them.

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Kim Jong-un says 3rd summit with Trump possible

PYONGYANG – Kim Jong-un, top leader of the Democratic People’s Repub

lic of Korea (DPRK), said he is willing to meet the US president again on certain cond

itions, the official Korean Central News Agency (KCNA) reported on Saturday.

Kim made the remarks in his policy speech marking the First Session of the 14th Supreme People’s Assembly (SPA) on Frid

ay, a day after he was re-elected as chairman of the DPRK’s State Affairs Commission (SAC).

“If the United States adopts a correct posture and comes to the third DPRK-US summit with a certain methodology that can be shar

ed with us, we can think of holding one more (round of) talks,” Kim said. “It is necessary for both sides not to table t

heir unilateral demands but find out a constructive solution to meet each other’s interests.”

The top leader said he will “wait for a bold decision” from Trump “with patience till the end of this year.”

In his speech, Kim blamed the United States for only considering

its own interests during the second DPRK-US Summit in Vietnam’s Hanoi this Febru

ary. This has led the DPRK to question Trump’s willingness to improve relations with the DPRK.

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hina Aerospace Science and Industry Corp will soon l

launch the nation’s biggest solid-propellant carrier rocket and is working on new models that will be even larger and stronger, a project insider said.

Hu Shengyun, a senior rocket designer at the CASIC Fourth Academy in Wuh

an, Hubei province, which develops and builds the Kuaizhou series, said the mai

den mission of the Kuaizhou 11 will take place soon at the Jiuquan Satellite Launch Center in northwestern China.

He spoke to China Daily on the sidelines of the ongoing second session of the 13th National

People’s Congress in Beijing as he attends the national legislature’s annual meeting.

The researcher said the Kuaizhou 11 is China’s largest and most powerful solid-propellant carrier rocket, with a length of 25 m

eters, a diameter of 2.2 meters, and a liftoff weight of 78 metric tons. It is able to place a 1-metric-ton payload into a su

n-synchronous orbit at an altitude of 700 kilometers, or a 1.5-ton payload into a low-Earth orbit.

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Type “Meghan” and “Kate” in to Google News and you

  William, Kate, Meghan and Harry attend at the Church of St Mary Magdalene on the Sandringham estate on December 25, 2018.

  ”It’s just clickbait,” a source close to both duchesses told CNN.

  The pressure to produce ever more dramatic headlines to drive traffic is intense, perhaps even more so when it comes to Meghan than when Kate Mi

ddleton entered the royal family. Back then, the running theme was how Kate came from working-class roots.

  So, is there any truth to the rift? The duchesses were in their 30s when they met, and already had their own esta

blished, close-knit groups of friends. And while the pair may not hang out together or call each other regularly, the so

urce tells CNN, they are friendly and they text one another — linked as they are by a common bond.

The alleged rift has also been cited as the reasons Meghan and Harry

are moving out of Kensington Palace and plan to establish their own office. But CNN’s sou

rce said this is more to do with Harry wanting greater independence, and William needing his own team in pre

paration for so-called “reign change,” when Charles will become King and William will step up as the Prince of Wales.

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