China’s consumer inflation quickens tosumer price ind

China’s consumer price index (CPI), the main gauge of inflation, gr

ew 2.5 percent year-on-year in April, the National Bureau of Statistics (NBS) said Thursday.

The reading, in line with market expectations, accelerated from the 2.3 percent gain in March and 1.5 percent in Febru

ary. On a monthly basis, consumer prices edged up 0.1 percent, compared with the 0.4 percent drop seen a month earlier.

NBS official Dong Yaxiu attributed the rise to higher prices of vegetables, pork and fruit, which ros

e 17.4 percent, 14.4 percent and 11.9 percent, respectively, from the same period last year due to tighter supplies.

Food prices, which account for nearly one-third of weighting in China’s CPI, went up 6.1 percent year-on-year.

Meanwhile, China’s producer price index (PPI), which measures inflation at the factory gates, rose

0.9 percent year-on-year last month, up from the 0.4 percent gain in March that showed improving market demand.

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The Portuguese president is in Beijing on a state visit.

He also attended the Second Belt and Road Forum for International Cooperation, which concluded on Saturday.

Bilateral trade reached over $6 billion last year, a year-on-year increase of 7.4 percent, according to the Ministry of Commerce.

Rebelo de Sousa said the two countries should translate their long-term friends

hip into future-oriented partnership, adding that he is fully confident of the prospects of the ties between them.

He said his attendance at the forum demonstrates his country’s

resolute support for the initiative. Portugal wants to build even closer links with China in trade, i

nvestment, science and technologies and culture, and develop the third-party market cooperation, he said.

Portugal supports intensification of European Union-China partner

ship and jointly safeguarding multilateralism and promoting free trade, he added.

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Meanwhile, massive rescue operations are underway at

the explosion sites, the police said.Television footage showed ambulances r

ushing the injured to the Colombo National Hospital, the Batticaloa Hospital in

the east and the Negombo Hospital on the outskirts of the capital where the explosions took place.

There has been no claim of responsibility so far for the multiple blasts.

In just one church, St. Sebastian’s in Katuwapitiya, north o

f Colombo, more than 50 people had been killed, a police official told Reuters.

Media reported 25 people were also killed in an attack on a church in Batticaloa in Eastern Province.

Prime Minister Ranil Wickremesinghe called a national security council meeting at his home for later in the day.

One of the explosions was at St Anthony’s Church in Kochcikade, Colombo.

St. Sebastian’s church posted pictures of destruction inside the church on its Fa

cebook page, showing blood on pews and the floor, and requested help from the public.

Out of Sri Lanka’s total population of around 22 million, 70 percent are Buddh

ist, 12.6 percent Hindu, 9.7 percent Muslim, and 7.6 percent Christian, according to the country’s 2012 cen

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After making a couple of reconciliatory gestures, suc

ch as freezing nuclear and missile tests and demolishing some test sites, Pyongyang want

s something in return. Which is not unreasonable, but so far has not been forthcoming.

Washington should not anticipate Pyongyang denuclearizing in a wholesale, one-off mann

er. After all, its nuclear missile programs are the sole bargaining chip it has in its hands.

Rather than surrender its nuclear arsenal in a wholesale manner, it is in Pyongyang’s best inte

rests to turn its engagement with Washington into an arms control regime between two nuclear states.

It may be that a third Trump-Kim summit happens. But meaningful hea

dway in denuclearization entails more than what the two sides appear ready to offer at the moment.

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awmakers Julian Assange should face justice in Sweden

More than 70 British legislators have urged the government to make sure WikiLeaks found

er Julian Assange faces Swedish justice if prosecutors there reopen a rape allegation against him.

The lawmakers signed a letter late Friday urging Home Secretary Sa

jid Javid to “do everything you can to champion action that will ens

ure Julian Assange can be extradited to Sweden in the event Sweden makes an extradition request.”

Sweden suspended its investigation of serious sexual misconduct two years ago because Assange wa

s beyond their reach while he was living in the Ecuadorian Embassy in London with political asylum status.

He was arrested Thursday after Ecuador withdrew his asylum a

nd is now in British custody facing an extradition request

from the United States on charges of conspiring to break into a Pentagon computer.

He is in Belmarsh Prison in southeast London wait

ing to be sentenced for jumping bail in Britain, and plans to fight extradition to the US.

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nd Turkey, disruptions to the auto sector occurre

rred in Germany, and financial tightening in larger adva

nced economies have all contributed to a “significantly wea

kened global expansion”, said IMF Chief Economist Gita Gopinath.

“With this weakness expected to persist into the first half of 2019, o

ur new World Economic Outlook projects a slowdown in g

rowth in 2019 for 70 percent of the world economy,” she wrote in a blog on Tuesday.

With improved prospects for the second half of 2019, global growth in 2

020 is projected to return to the 2018 level of 3.6 percent, according to the IMF report.

“This recovery is precarious and predicated to reboun

d in emerging markets and developing economies, wher

e growth is projected to increase from 4.4 percent in 2019 to 4.8 percent in 2020,” Gopinath said.

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The two nations should also further exchanges and

cooperation in areas including education, culture, science and technology as well as ensuring the success of the China-New Zealand Year of Tourism events, he said.

Ardern expressed her appreciation for Xi’s condolences and support foll

owing the terrorist attack in Christchurch, adding that her choice to proceed with the vi

sit despite the event “does reflect the value New Zealand places on its relationship with China”.

She called the bilateral relationship “one of our most important a

nd far-reaching relationships”, a point she said she has made in speeches over the past year.

She said she hopes that through the visit, the two nations can strengthen their bilateral co

mprehensive strategic partnership and deepen cooperation in trade and people-to-people exchanges.

She also reiterated New Zealand’s adherence to the one-China p

olicy and its independent foreign policy, as well as its firm support for multilateralism and free trade.

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The Chinese government has never imposed any policy

 to force foreign companies to transfer their technology,” Gao added, sayi

ng that the country’s Foreign Investment Law bars forced technology transfers.

The newly passed law, approved this month and set to take effect in January, stipulates that China will treat foreign and Chi

nese enterprises equally and protect their intellectual property rights. Under the law, foreign enterprises will recei

ve pre-establishment national treatment, in addition to a negative list system for market access.

A negative list shows areas where investment i

s limited or prohibited for foreign investors, with all other areas presumed to be open.

Gao said the ministry is working with relevant de

partments to conduct research on shortening the negative list for market access.

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It is advisable to pursue an innovation-driven, well-coordi

inated and inter-connected, and fair and inclusive approach and forge a growth

model of vitality, a cooperation model of openness and win-win results, and a developm

ent model of balance and common benefits, so that people from across the world could share the benefits of economic globalization, Xi said.

This year marks the 70th anniversary of the founding of the People’s Republic of China, Wang said.

During his visit, Xi, based on China’s just-concluded Two Sessions earlier this month, illu

strated to the European leaders the fine performances of the Chinese economy which had overcome multiple challenges in 2018.

Wang said Xi also introduced the newly-adopted foreign investment law, emphasizi

ng that it is necessary to use legal means to better protect intellectual property rights and attract foreign investment.

Xi pointed out that China will continue to push forward all-round reform and opening-up, promote trade and investment

liberalization and facilitation, so that European friends can better share China’s development opportunities.

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ple injured in chemical plant explosion receive medical treatm

Every morning, dozens of students from Myanmar walk hand in hand across the border into China’s Yunnan province.

There, they are led by patrol officers to Yinjing Frontier Primary School. After school, as they are escorted to the border insp

ection station, they wave, tell the officers goodbye and return to their homes in Myanmar.

The students attend the first frontier primary school in China. Loca

ted in Yinjing village in the small border city of Ruili in Yunnan province, the school has 36 My

anmar students and 99 Chinese students. Founded in 1960, it has been admitting students from Myanmar since 1990.

Wen Liang, 10, from Myanmar, has repeated this routine for three years. “I like go

ing to school in China. It makes me very happy because I have many friends there,” Wen said.

The youngest Myanmar student is 5, said Sun Jialiang, the school principal.

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