Jack Ma says movies should be made with passionij

With?Green Book?won best picture at the 91st Academy Awards ceremo

ny, its co-producer Alibaba Pictures Group, the movie unit of the world’s largest e-com

merce company, claimed to be the first internet film company to co-produce an Oscars winning movie.

Jack Ma, chairman of Alibaba Group, said a good movie does not necessarily have to cost

a lot, nor tell an earth-shattering story, according to the Paper, which also said Ma watchedGreen Bo

ok?with some of his friends, including Chinese computer giant Lenovo Founder Liu Chuanzhi and Chinese studio Bona P

resident Yu Dong in a Beijing cinema on Monday, though the film will not be officially screened in China until March 1.

He said a good movie is the one which is made with passion and can brin

g positive things to the society. Ma said he has seen the film, a road trip drama based on a tru

e story in segregation era, three times, and in his view, a Chinese movie is actually not far from an Oscars award.

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Samsung Fold looks not so perfect from the outside beca

ause the camera must not be covered during the folding, while the battery is also thicker. Huawei Mate X looks better, but its display is not protected as well as that of Samsung Fold and faces higher risk of breaking should the phone be dropped.

The two share one thing in common, namely a high price — Both are rather expensive. The Samsu

ng Fold is priced at $1,980 while the Huawei Mate X is priced at 2,299 euros ($2,606). The high price will

quite seriously limit the marketing of the two products and make them the luxuries of rich people only.

According to our analysis and market forecasts, in 2019, the number of f

oldable smartphones and tablets sold globally might reach 900,000, which might do

uble in 2020. As a comparison, people globally bought 1.4 billion smartphones in 2018. In a word, unless its cost fall sh

arply, the market for foldable smartphones will be limited for the foreseeable future.

Yet both Huawei and Samsung have invested huge resources in the research, publicity, and mark

eting of foldable smartphones. There are two main causes for that. First, smartphones are already so

developed that there is hardly any new space for innovation. The iPhone 4 miracle of Steven Jobs can hardly be re

peated in the near future, so both companies need to show the world that they are innovating.

Second, foldable displays need special materials that are quite scarce i

n the market, so neither of the two companies can afford to wait for the other to rise. B

oth need to keep the market in a balance so as to ensure its own share of products.

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Trade talks expected to finalize dealNG SHUIYU,ZHONG NA

China and the United States are expected to come to an agreement soon over trade frictions, analysts said, as the negotiating teams a

re reported to be discussing the wording of an accord and considering applying the brakes to their tariff standoff.

They made the prediction after Chinese and US officials said there had been concrete p

rogress on multiple issues in the latest round of trade talks in Washington.

During the latest talks, held from Thursday to Sunday in Washington, the seventh round since February of last year, th

e two sides focused on the text of an agreement, the Chinese delegation said, according to a Xinhua News Agency report.

The negotiators also had made substantial progress on such specific issues as technology transfers, protection of i

ntellectual property rights, nontariff barriers, the service industry, agriculture and exchange rates, the delegation said.

On the basis of the latest progress, the two sides are expected to continue their work

into the next stage, in accordance with the instructions of the two countries’ top leaders, according to Xinhua.

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Critics of the Trump administration’s unconventional North

  Korea policy have assailed the President and his advisers for failing to get the North to agree to anything specific at

their June meeting — the first between a North Korean leader and a sitting US president — in Singapore.

  The US contends that talks have brought the two sides back from the brink of war and created an unprecedented opportunity to cut a deal.

  A handful of analysts believe there is an agreement to be had but question whether either side has the flexibility to compromise.

  Trump touts trust with Kim in TV interview

  ”So far, the negotiations have reduced tensions for a year and slowed the advancem

ent of the arsenal marginally. The trick now is to make those limits permanent and to make th

em strict limits,” said Adam Mount, an expert in nuclear deterrence at the Federation of American Scientists.

  Lee, the former AP Pyongyang bureau chief, likens Trump and Kim’s next meeting to a chess match. The first su

mmit helped establish a “leader-level relationship,” but Hanoi will be time to move beyond smiles and pleasantries.

  ”They (US) need to go into this next summit prepared and having done their homework,” she said.

  ”I know how tough the North Koreans are, and if you don’t understand the history and the motivations of the No

rth Koreans, it’s very easy to be swayed by the propaganda and the drama of the moment.”

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Rudolph, Tina Fey and Amy Poehler introduced Sunday’s

  telecast, following Queen and Adam Lambert’s opening performance of “We Will Rock You” and “We Are the Cham

pions.” The “Saturday Night Live” alums riffed off the messy build-up to this year’s awards.

  An abundance of drama surrounded the build-up to this year’s Osca

rs, even before getting around to the nailbiting best-picture finish.

  The contenders reflected the gamut of an evolving movie industry, with “Roma” representing Netflix’s arrival in mo

vies, after the streaming service’s model-bending impact on the TV business.

  On the flip side, “Black Panther” embodied the blockbusters upon which the studios have come to rely, and the th

ird-highest-grossing US release of all time at $700 million, nearly doubling that total worldwide.

  A number of individual nominees registered breakthroughs for women and people of color, only

a few years after lack of diversity among the acting categories birthed the #OscarsSoWhite hashtag.

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Controversial Serena Williams cartoon ruled not to have br

  A widely criticized Australian newspaper cartoon showing tennis legen

d Serena Williams jumping up and down next to a broken racket and a pa

cifier which she had spat out was not racist, according to the country’s media watchdog.

  The Australian Press Council ruled that the drawing, published by Murdoch group newspaper the Hera

ld Sun, did not breach Australia’s press standards and instead was capturing Williams’ “on-co

urt tantrum” at the 2018 US Open final “using satire, caricature, exaggeration and humor.”

  The cartoon was published shortly after the bad-tempered final, in which Wi

lliams had a dispute with the umpire over his allegedly sexist treatment. The pr

ess watchdog received a number of complaints about the image, which drew international condemnation.

  The press council said the newspaper “was depicting the moment when, in a high

ly animated tantrum, Ms Williams smashed a racquet and loudly abused the ch

air umpire, calling him a thief, a liar and threatening that he would never umpire her matches again.

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i said preventing and defusing financial risks, especially

  systemic financial risks, are the fundamental tasks of financial work, calling for accelerated construction of the fina

ncial market infrastructure and advanced efforts to nationalize key information infrastructure in the sector.

  He also urged solid statistics in the financial sector and improvement in the warning system and rules on information disclosure and management.

  Education and supervision of senior officials of financial institutions and regulators sh

ould be enhanced, and more should be done to fight corruption in the financial sector, Xi said.

  He called for dynamic supervision of domestic and cross-border capital flow to enable financial watchdogs to fully monitor all flows.

  Xi said tasks for the reform and opening-up of the financial sector should be well implem

ented, calling for the preparation and the rolling-out of new reform and opening-up measures based on

the latest development of global economy and finance as well as the strategic needs of China.

  Reforms including revamps on market access system and trading regulations should be deepened, and regulators should take a two-pronged appr

oach of enforcing both macro-prudential management and micromanagement of behaviors, he said.

  He said those causing major financial risks due to their breaches such as lax regula

tion, cover-ups or decision-making failures must be held accountable and face serious punishment.

  Efforts should be made to address the current situation where the costs of legal and

regulatory breaches in the financial sector, especially capital markets, are too low, Xi said.

  Xi urged enhancing the global competitiveness of China’s financial sector, elevating the two-way opening-up to a highe

r level and beefing up capabilities of financial management and risk prevention and control amid greater opening-up.

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So the fact that the to-and-fro is still in progress this far

down the line highlight that there is a shared desire to secure an accord that delivers on the rapport that has been established — also perhaps beyond both side’s expectations.

But it would be getting ahead of the situation to consider the final push tow

ard a consensus on principled, mutually beneficial cooperation all done and

dusted. That consensus, which President Xi identified as the objectiv

e of the talks when he met with the US negotiators after the previous round of neg

otiations in Beijing, has still not been completed, and probably will not be until the two leaders meet to agree on the final det

ails. But there is no doubt that both sides are aware of how momentous such a consensus would be, beyond the tangible rewards it would offer both cou

ntries. For if the two sides can iron out their core differences by abiding by the principles of mutual respect and m

utual benefit, it would reset their relationship in a way that would bode well for the future.

History in the past four decades shows that the two countries benefit in an all-around wa

y from harmonious trade and economic relations, as they provide the ballast for their relationship.

There is obviously still more work to be done. However, if neither side puts a foot wrong, a deal will finally be signed sooner or later.

aaart.org.cn

DPRK leader leaves Pyongyang for Hanoi for second DPRK

PYONGYANG — Kim Jong-un, top leader of the Democratic People’s Republic of Korea (DPRK), left here Saturday afternoon by train f

or Vietnamese capital Hanoi for the second DPRK-US summit, the official Korean Central News Agency (KCNA) reported Sunday.

Kim will meet with US President Donald Trump there on Feb 27-28. Their first meetin

g was held in June 2018 in Singapore, which resulted in improved bilateral relations.

Kim will pay an official visit to Vietnam at the invitation of Vietnamese President Nguyen Phu Trong before his meeting with Trump.

Kim was accompanied by Kim Yong-chol, Ri Su-yong, Kim Phyong-hae and O Su-yong, members of th

e Political Bureau and vice-chairmen of the Central Committee of the Workers’ Party of K

orea (WPK), Ri Yong-ho, member of the Political Bureau of the WPK Central Com

mittee and foreign minister, No Kwang-chol, alternate member of the Po

litical Bureau of the WPK Central Committee and minister of the People’s Armed Forces, among others, said the KCNA.

Kim was seen off at Pyongyang Railway Station by Kim Yong-nam, Choe Ryong-hae and Pak Pong-ju, members of the Presidium of the Political Bureau of the Cen

tral Committee of the WPK, and other senior officials of the party, government and armed forces, said the KCNA.

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UK Prime Minister Theresa May has repeatedly rejected exte

  Article 50 — the legal process under which an EU member state can leave — and refused to rule out a no-deal Brexit.

  The UK Parliament is due to debate the divorce again on Wednesday when May is expected to update lawmakers on any pr

ogress made in talks with European counterparts on the divisive issue of the Northern Irish backstop.

  This weekend she will meet European Council President Donald Tusk on the margins of

the EU-League of Arab States Summit in the Egyptian Red Sea resort of Sharm el-Sheikh.

  Three Conservative MPs have quit Theresa May’s party over Brexit

  By Eliza Mackintosh, CNN

  Updated 1619 GMT (0019 HKT) February 20, 2019

  Ex-Conservative MPs Heidi Allen, second left, Anna Soubry, center, and Sarah W

ollaston, right, arrive for a press conference in Westminster in London on Wednesday.

  Ex-Conservative MPs Heidi Allen, second left, Anna Soubry, center, and Sarah

Wollaston, right, arrive for a press conference in Westminster in London on Wednesday.

  (CNN)Three lawmakers walked out of UK Prime Minister Theresa May’s Conservative party on Wednesday, joini

ng a new group in Parliament that has blown up the British political landscape in less than three days.

  The trio’s dramatic decision to join a group of eight independent MPs, who split fro

m the opposition Labour Party earlier this week, caused consternation at Westminster. They

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