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Green Book?won best picture at the 91st Academy Awards ceremo
ny, its co-producer Alibaba Pictures Group, t
he 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 g
ood movie does not necessarily have to cost a lot, nor tell an earth-shattering story, according to the Paper, which also said Ma watched
ok?with some of his friends, including Chinese com puter 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 see
n 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.
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 h
igh 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
sly 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
rtphones 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
he 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.
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 accor
d 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 tr
ade 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 b
asis 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.
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 dr
awing, 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 sat
ire, 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 complaint
s 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.
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 informati
on 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.
on 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 an
d 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.
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 D
PRK-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 i
n 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 a
ccompanied 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
d 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.
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 exp
ected 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 Pres
ident Donald Tusk on the margins of the EU-League of Arab States Summit in the Egyptian Red Sea resort of Sharm el-Sheikh.
onservative MPs have quit Theresa May’s party over Brexit By Eliza Mackintosh, CNN
Updated 1619 GMT (0019 HKT) February 20, 2019
ervative 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