ments in areas such as education, health, climate change adaptation and sustainable infrastructure.
The growth outlook in all major developed economies and most developin
g regions has weakened due to a confluence of both domestic and external factors, the report said.
Following an expansion of 3 percent in 2018, world gross product growth is now projected to moderat
e to 2.7 percent in 2019 and 2.9 percent in 2020, reflecting a downward revision from the forecasts released in January.
The report identifies several downside risks that could trigger a sharper or more prolonged growth slowdown, potentially infl
icting significant damage on development progress. Those risks include a further escalation in trade te
nsions, a sudden deterioration in financial conditions, and the accelerating effects of climate change.
sumers and hundreds of thousands of employees, we ask that you im
mediately stop this action to increase their tax burden,” the group said.
The group’s reasoning echoes an earlier comment from David French,
senior vice-president for government relations at the Nat
ional Retail Federation, who said, “Saying that China is paying these tariffs doesn’t hold water.”
About 99 percent of all shoes sold in the US are imported. Last year alo
ne, it imported 2.5 billion pairs, nearly 70 percent of which came from China, ma
king the Asian country the largest source for US shoe imports, according to statistics provided by the FDRA.
ipsets like Kirin, which has been used in Huawei’s high-end smartphones. In addition to server chips, th
e company has also developed chips for base stations, basebands and chipsets powered by artificial intelligence.
“From chips to its self-developed operating system, Huawei has
long been preparing for independent research and development in core technologies. It has the abil
ity to adjust to changes in the global market,” said Xiang Ligang, director-general of the Information Consumption Alliance.
Huawei has also made preparations with core chipsets. Existing s
tocks are thought to provide the company with a buffer of six months to a year, he said.
championships,” said Guan, also President of the Chinese Taekwondo Federation. “This is the first time I have seen such kind of thing.”
Zheng, who had beaten Walkden three times in a row, took a dominant lead of 20-10 in the closin
g stages of the women’s over 73km category final, but the referee disqualified Zheng alleging she had committed 10 fouls during the bout.
Wakden then secured her third successive world taekwondo title by the referee’s punitive declaration.
“Our athlete has worked very hard for this gold medal and it was taken away so easily by the referee. This is very dirty.”
Guan said that the Chinese team will launch an appeal to the World Taekw
ondo, the sport’s world governing body, and the International Olympic Committee (IOC).
“We will definitely appeal to the decision,” he said. “And this refe
ree’s qualification should be stripped of. This scandal is a serious damage to our sport.”
March 29 exit from the EU, May’s Conservatives suffered major losses in local election
s this month and are trailing in opinion polls before May 23 European Parliament elections.
With Labour and Brexit-supporting rebels in the Conservatives p
lanning to vote against her deal, it is unlikely to be approved as things stand.
Pro-Brexit Conservative lawmakers were unimpressed with May’s failure to set a firm date to quit. One, who declined to be na
med, described it as “yet further procrastination which is causing appalling damage to the Conservative Party.”
Another, Andrew Bridgen, said May was “an increasingly beleaguered and isolated prim
e minister who is desperate to salvage something from her premiership and is prepared to drive thro
ugh an agreement that would fatally hamstring any future prime minister in negotiations with the EU.”
nomic strategy will focus on creating a highly competitive domestic market that forces com
panies to produce high-value goods so they can pay high wages to highly skilled people.
Because of its long experience in manufacturing, much of tha
t push will be focused on higher value-added production, using the new technologies of r
obotics, artificial intelligence, the internet of things and 5G. This is the only way to avoid the middle-income trap.
The reform and opening-up policies are exactly the kinds of market-driven reforms
needed to make this happen. The Chinese government is investing heavily in research and development, but it sho
uld be noted that the R&D spending as a percentage of GDP is still lower than that of the US.
National Health Commission should monitor all gene-editing centers and IVF clinics in China to ensure trials are in line with regulations.
A national registry dedicated to clinical trials involving cell technologies should be established to pro
mote greater transparency, they said, so that before a trial begins scientists would need to pass an
ethics review and provide a list of names of all participating scientists and institutions.
Universities and research institutes should strengthen education and
training in bioethics and scientific and medical professionalism, covering research sci
entists and students of science, medicine and the humanities at all levels, they said.
In addition, more efforts should be undertaken to eliminate prejudice against people wi
th disabilities, which exists in the minds of some scholars, they said. Following the gene-edited baby incid
ent, government departments have vowed to improve supervision, and new regulations are being made or revised.
Health authorities will redouble their efforts to train nurses in eldercare as the proportion of older people in the pop
ulation expands and tens of millions of people struggle with disabilities, a senior health official said on Wednesday.
Jiao Yahui, deputy chief of medical administration and supervision at the National He
alth Commission, said there are not enough nurses to cope with the growing needs of the country’s elderly.
A regulation on the training of healthcare workers and standards of service is being drafted. It i
s expected to boost the number of nurse’s aides, Jiao said ahead of International Nurses Day on Sunday.
The nurse’s aides will complement the work of full-fledged nurses to meet the demand for services for the elderly, she said.
The number of registered nurses in China topped 4 million as of the end of last year. Nearly 70 perc
ent held a junior college degree or above, accounting for almost half of all healthcare professionals, she said.
between long-term structural factors and actual economic performance, it is also unclear how long those factors would take to constrain GDP growth to a part
cular level. In fact, 20 years ago, the same long-term factors were used to warn of a possible fall in Chinese GDP growth.
Because of the complexity of China’s growth trajectory, many economists seem to base their assessments of potenti
al on performance. After every drop in China’s GDP growth since the second quarter of 2012－when growth fell be
low 8 percent－economists have emerged to declare that performance was in line with potential.
Difficult to determine potential growth rate
To be sure, there are various estimates of China’s potential growth rate, ranging from 5 perc
ent to 8 percent. But it is difficult to determine which is reliable. For one thing, there is reason to believe that
most estimates fail to discount cyclical factors adequately when calculating the long-term trend.
China will further cut the number of items requiring certificatio