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that marriage is no longer the only place where people make all their
major financial and personal decisions, or incur obligations to others,” Coontz said.
“First of all, I haven’t met my Mr. Right. Also, I’m extremely responsible with my own finances – I have to pay my rent and my stud
ent loans every month,” said Michelle Yu, a recent graduate of the University of Southern California, who just s
tarted her first job at a publishing company in Los Angeles. Yu has been single for more than four years.
“So, if my partner also has a ton of student loans or is in a bad financial situation, I’d r
ather be alone,” said Yu. “Now, I can well manage my own money and I’m saving the down payment for bu
ying an apartment in my neighborhood. I like to do that on my own pace.”
It’s very likely that any consensus that could be reached across the Commons would be a softer Brexit than the one May is currently pursuing.
That, I am afraid, is still a fairly open-ended answer. It might mean the need to renegotiate, which would mean a longer exten
sion, which would mean being in the EU elections, which could mean a second referendum, ultimately.
The key point here is that cross-party consensus might soun
d nice, but on an issue as divisive as Brexit, it’s as likely as anything to blow up both main parties.
While things are far from rosy and three weeks is not enough t
ime to sort much, it’s worth noting that while Brexit might not be going terribly well, the last thr
ee years have been a huge learning curve for the entire UK. We know more now than we did.
So while the next bit of the Brexit process might look crunchy, the decisions made in the coming days will not be made lightly.
ment bond issuance or implement more tax cuts, Economic Information Daily reported Wednesday, citing the Chinese Academy of Social Sciences.
A total of 2.61 trillion yuan ($386.46 billion) of bond quota was unused by the end of 2018, accounting for 14.1 percent of total local debt, the academy said in a report.
This means China can extend bond issuance, or undertake 14 percent of tax and fee cuts.
The debt balance stood at 18.39 trillion yuan at the end of last year, well below the official ceil
ing of 21 trillion yuan, and accounting for 109 percent of total fiscal revenue of local governments.
In 2018 local authorities raised a total of 4.17 trillion yuan through bond issuance, down from 4.36 trill
ion yuan in 2017, according to the Ministry of Finance. The local debt ratio was 76.6 percent last ye
ar, significantly lower than the international warning line of 100-120 percent.
Last year local governments’ implicit debt risk was controlled effectively, however, the total debt level was still huge, the academy said.
In 2018 new explicit debts rose 13.5 percent to 2.18 trillion yuan, while the in-balance-sh
eet interest payment reached 734.5 billion yuan, with a 17.1 percent growth rate, about 2.75 times that of fiscal revenue.
A rapid increase in interest payments put pressure on future fiscal guarantees and service capacity, the academy added.
has been and will continue to be a key driver of China’s economic growth. In 2018, corporate and individual tax cuts to
taled 1.3 trillion yuan, and industrial profit increased by 11.8 percent, compared with the previous year.
“As reform deepens in all areas, including sweeping fiscal and tax reform and stren
gthening of IPR protection, China will create more opportunities for the world,” he said.
China’s opening-up is the third opportunity. Liu said despite the steep drop in glo
bal FDI, foreign investment flowing into China totaled $135 billion, which was up by 3 percent last year.
The country is also lifting the restrictions on foreign ownership in joint-venture companie
s in sectors including banking, insurance, securities, auto manufacturing, and shipbuilding.
Moreover, as the Chinese people have an increasing appetite for overseas products, the country is moving from being a global seller to a global buyer.
BEIJING — Seven out of 10 fugitives bearing class-A wanted orders had been caught by the end of January, the Ministry of Public Security said over the weekend.
The 10 wanted orders, all targeting suspects of major economic crimes, were issued on Jan 11.
Among the seven detained, two turned themselves in as suspects of cattle stealing and telecom fraud, respectively.
The ministry called on the public to give information on the wanted and pledged to re
ward those offering effective leads.The picture show a polar bear leaping across the water from one block of i
ce to another, gazing up at the drone and feeding on a fresh kill, Devon Island, North of Canada。
WASHINGTON — The global surface temperature in 2018 was the fourth wa
rmest in the modern record, showed an annual analysis released on Wednesday.
Global temperatures in 2018 rank behind those of 2016, 2017 and 2015 and the past five years are, collectively, the war
mest years since 1880, according to scientists at the United States space agency NASA.
When meeting with foreign delegates attending the 2018 Imperial Springs International Forum in Guangzhou, south China’s Guangdong Province in Decem
ber, 2018, Chinese President Xi Jinping reiterated that China would adhere to the path of multilateralism and open its door wider to the world.
“Opening-up and cooperation, a consistent theme of Chinese diplomacy in the year 2018
, has helped to clearly show China’s role and build China’s image in the international arena,” said Wang.
Despite rising protectionism worldwide, China adhered to the principles of ope
ning wider to the world, defending the rule-based multilateral trading system. In 2018, China hosted the wo
rld’s first international import expo (the CIIE), attracting more than 3,600 companies from over 130 countries.
2018 marks the 40th anniversary of China’s reform a
nd opening up. According to Xinhua, in four decades, the average personal disposable income in Ch
ina rose from just 171 RMB (about 25 US dollars) to 26,000 RMB (about $3,768) each year.
“Forty years ago, reform and opening-up changed China fundamentally, opening a door for the country’s com
munication with the rest of the world,” said Wang, adding “I believe that following China’s continuing reform a
nd opening-up, the country will surely inject even greater vitality into the world over the next 40 years.”