Booing drowned out any cheers from British fans as Walk

den was announced as the winner and Zheng refused to acknowledge the Briton’s victory

before sensationally collapsing on the podium and leaving the competition area in tears.

“I have been doing this sport for 16 years, but this is the first time I have realized that a taekwondo match could be played like this.

Zheng, competing in her fifth world championships, said on hea

ring the British national anthem playing, she felt too weak to stand on the podium.

“I felt very guilty for not winning the gold for my coach, my teammates and my country. We h

ave been working so hard for this world championships. It is the biggest event before the Tokyo Olympic Games.”

“Many fans came up to console me and some of them are British. I know most people know what is fair play,” Zheng said.

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Another major problem is that the return on equity in the

infrastructure sector is a mere 3 percent while that in the US capital market is about 12 percent. So how can the US attract more private capital to the infr

astructure sector without guaranteeing a return on equity equal to that in the capital market?

US suffering from a financial Dutch disease

The US’ monetary hegemony is itself a big impediment to the reindustria

lization process, which could be viewed as a sort of financial Dutch disease-the apparent causal

relationship between the increase in the economic development of a specific sector and a decline in other sectors. The mor

e heated the US stock market gets, the more serious the Dutch disease will become. And, ironically, the US leader is k

een on strengthening the stock market to showcase his political and economic track record.

Besides, the US administration cannot launch large-scale infrastructure construction projects, significantly redu

ce the trade deficit with China and deny Chinese investors access to its market all at the same time.

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Server manufacturer Inspur Group has signed a strategic

 partnership with Tianjin to set up an AI research institute in the city. By opening the new institute

, Inspur aims to join the top ranks of Chinese AI powerhouses in their quest to attract global talent.

“We will step up our efforts to develop the AI sector in Tianjin, and will focus on fields i

ncluding cloud operating systems and cloud databases,” said Sun Pishu, chairman of Inspur.

he Ministry of Commerce urged the United States on Thursday to stop abusing the

concept of national security and export control measures, and it promised that China will take all nec

essary measures to resolutely safeguard the legitimate rights of Chinese enterprises.

The comments came after US President Donald Trump signed an executive

order on Wednesday that is expected to restrict Huawei from selling its products in the US.

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Huawei said in a statement on Thursday that restricting t

 company from doing business in the US will not make the US more secure or stronger.

“Instead, this will only serve to limit the US to inferior, yet more expensive alternatives, leav

ing it lagging behind in 5G deployment and eventually harming the interests of US companies and consumers.”

The company said it is ready and willing to engage with the US government to come up with effective measures to ensure product security.

In response to the ban on Huawei buying parts from US companies, the company said such a deci

sion will “do significant economic harm to the US companies with which Huawei does business, affect tens of t

housands of US jobs and disrupt the current collaboration and mutual trust that exist in the global supply chain”.

Wang Peng, deputy head of the China Center for Information Industry Development, said the new US moves will disrupt the whole global electronics in

ustry and hurt a string of US companies that supply chips and other components to Huawei.

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Huawei has more than 13,000 component and service su

uppliers worldwide. In November, it unveiled a list of its 92 core suppliers for the first ti

me. Thirty-three of them are from the US, including chip giants Qualcomm Inc and Intel Corp.

Wang Yanhui, secretary-general of the Mobile China Alliance, said, “Huawei has also been pre

paring for such a situation for some time and has hoarded chips to handle a worst-case scenario.”

The company became the world’s third-largest buyer of semiconductors last year.

China will definitely safeguard the legitimate rights and interests of its businesses, and Trump’s executive order is n

ot a “constructive and friendly” gesture, Foreign Ministry spokesman Lu Kang said on Thursday.

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We are sad to hear the passing of architect I.M. Pei, whos

 incomparable contributions to museums and culture worldwide will leave an indelible legacy. In 1983, he accepted the Pritzker Architecture Prize here at The Met, s

aying: ‘Let us all be attentive to new ideas, to advancing means, to dawning needs, to impetuses of change so that we may ac

hieve, beyond architectural originality, a harmony of spirit in the service of man,” read The Met’s official Twitter account.

“For this Chinese-American growing up in the DC area, the East Win

g of the National Gallery of Art was an extraordinarily special place. A mon

ument ot beauty and to the possibilities of being an immigrant. RIP to a legend,” Twitter user Jia Lynn Yang wrote.

“You cannot talk about architecture in the last 60 years without talking seriously about I.M. Pei,” said Ro

bert AM Stern, a former dean of the Yale University school of architecture. “It’s not a single building. It’s h

is work over a generation of time and his logical and relentless pursuit of the highest degree of excellence.”

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I’m afraid sometimes, without cooperation, what comeso

ut is confrontation,” said Solana, who is currently president of the ESADE Center for Global Economy and Geopolitics of Spain.

The senior politician and diplomat expressed concerns over the trade frictions between China and the United States, w

hich have conducted 11 rounds of trade negotiations, but have yet to reach an agreement.

The world’s two largest economies should engage in dialogue on an equal footing, Solana said.

“If they fail to resolve their trade problems, the global economy will start to suffer from this crisis,” he said.

In a global situation where protectionism and unilatera

lism are on the rise, a multilateral approach has to be maintained, he said.

Solana praised China’s hosting of the Conference on Dialog

ue of Asian Civilizations, and said this type of event could boost cooperation among different countr

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developed chips for base stations, basebands and chipsets

powered by artificial intelligence.Services will be provided based on the results of a survey of 81 countries

China will offer customized data services for disaster prevention thr

ough its Fengyun meteorological satellites for more countries along the Belt and Road, said a

senior official of the China Meteorological Administration’s National Satellite Meteorological Center.

The services will be provided based on the results of a survey of 81 countries. By the end

of April, 22 countries, including Afghanistan, Pakistan, Iran, Russia, Libya and Sudan, had responded to the survey.

“From chips to its self-developed operating system, Huawei has long been preparing for in

dependent research and development in core technologies. It has the ability to adjust to changes in the glo

bal market,” said Xiang Ligang, director-general of the Information Consumption Alliance.

Huawei has also made preparations with core chipsets. Existing stocks

are thought to provide the company with a buffer of six months to a year, he said.

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Customs cooperation to take aim at IPR violationsnd inter

China will expand international cooperation in enforcing intellectu

al property rights to facilitate trade and create a favorable business environment for ente

rprises from China and overseas, a customs official said on Wednesday.

Cooperative customs mechanisms have been establ

ished in more than 130 countries and regions, with more than 190 agree

ments signed, including with major trade partners such as the United States, the European Union, Russia, Japan

and South Korea, said Jin Hai, deputy director for general affairs at the General Administration of Customs.

To more effectively fight crossborder violations of intellectual property rights, Chinese cust

oms will improve information sharing and exchanges of data with other countries and regions.

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The Chinese government puts high importance on work re

ating to broadband connections at reasonable rates. General Secretary Xi Jinping issued instructi

ons on several occasions, stressing the need for enhanced information infrastructure building to provide people with acc

essible, affordable and user-friendly information services. Premier Li Keqiang emphasized that solid efforts must be made

for faster and more affordable internet services and sharpen the country’s international competitiveness in this regard.

Figures from the Ministry of Industry and Information Technology show that 1,000M broadband has been piloted in 100-plus Chin

ese cities. The country now has more than 3.76 million 4G base stations and 1.17 billion-strong 4G network users.

It was agreed at the meeting that as required by the Central Economic Work Conferen

ce and the Government Work Report, efforts must be intensified to make internet servic

es faster at a lower rate. This will not only benefit and facilitate companies and the people, but will also help boost effe

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