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Market expectations for interest rate cuts have been rising in

 China after Spring Festival. Before embarking on their next move in interest rate reform, however, policymakers need to assess dom

estic macroeconomic conditions in order to reduce financing costs. It is more urgent to let the financial market determine the lending rate, Sun said.

“We hope (policy fine-tuning) will not surprise the market when it is introduced,” Sun said.

Communication with other countries is also needed before launching new policies or introdu

cing creative monetary policy tools, and “the PBOC has good communication mechanisms with other c

entral banks including the US Federal Reserve and the European Central Bank”, Sun said.

Last year, the PBOC removed some constraints on credit, including liquidity in

jection through cutting the reserve requirement ratio four times and capital rep

lenishment by allowing commercial banks to issue perpetual bonds, which have no maturity rate, he said.

Chinese commercial banks, however, are still using the one-year lending rate of 4.35 percent — th

e rate commercial banks charge businesses — set by the central bank in 2015. It is higher than in

terbank market rates or the interest rates banks have been paying to the central bank of 3.05 to 3.30 percent.

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Infinite ultimate myocardial damage in 3-year-old girls?

This authenticated netizen Tian Shuping, a suspected victim of infinite extreme myocardial damage in children, posted a self-report on the Internet.

In 2017, after her 3-year-old daughter was diagnosed with Helicobacter pylori infection, on the recommendation of Fan Le, a local “infinite pole instructor” in Shaanxi Province

, she took a large amount of 8 kinds of products every day. During the course of taking, she suffered from eye bleeding, increased sweating and yellow hair. Afterwards, Tian Shuping took her

daughter to seek medical treatment in Beijing, Xi’an and many other places. Among them, the clinical diagnosis of Beijing Children’s Hospital was “liver

injury; myocardial damage”, and the diagnosis of Xijing Hospital was “myocardial damage; hypoglycemic liver damage causes to be investigated; drug accumulation”.

“Tian Shuping” said that during the medication, “Fanle” told her that the child should drink more water, the symptom is the nor

mal reaction caused by conditioning, let’s not stop, continue to take infinite serious illness, otherwise the previous work will be discarded.

Fan Le also told Tian Shuping that the product of Infinite Pole had no toxic and side effects. “My fat

her’s life was saved by Infinite Pole, and I was pregnant by Infinite Pole. My baby began to eat Infinite Pole from the belly…”.

“Tian Shuping” said in the online article that after the child was diagnosed with many problems, Fan Le, the instructor, lost contact, and di

aled the infinite headquarters telephone. The staff told her to continue to believe that the company would solve the problem, but not to call the police.

It has been one year since children took Infinite Pole Products and more than half a year since the diagnosis. So far, it is impossible to confirm who is responsible for it.

Infinite Pole: Individual Difference, Non-product Quality

On the evening of January 16, Infinite Pole held more than four hours of negotiations with Tian Shuping and promised to pay a compensation of 600,000 yuan.

According to the recording of the whole negotiation provided by Tian Shuping, a self-proclaimed la

dy surnamed Liu, representing infinite visitors, participated in the negotiation. Ms. Liu has repeatedly me

ntioned such remarks as “you can’t get a penny after two points” and “you can’t get a penny after tonight”.

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Is Zhou Yahui’s Cross-border Fraud the Truth of Zhou Yahu

When the content exposed by the news media on the Internet shocked the vast number of netize

ns, but the matter may not be true. You see, the chairman of Kunlun Wanwei was exposed to fraud. The content called Zhou Yahui’s transnational fra

ud. Once the news came out, Kunlun Wanwei Public Relations made the latest response and called it a pure slander. Let’s have a look.

Recently, an investor who claimed to be an ICST project was quoted by the self-Media as saying: “

Because of the blatant fraud of the ICST project side, the ICST tokens have been traded off the shelves at zero price; the StarMaker assets have been sold for two th

ings, and there is no hope of returning the capital.” And the accusation is directed at Zhou Yahui, chairman of Kunlun Wanwei.

Among the explosive materials provided by investors, Zhou Yahui complained that in the fourth quarter of 2017, he led the initiation of the ICST Block Chain Project to pass StarMaker

assets and conduct multiple rounds of ICO public financing, raising hundreds of millions of yuan. During 2018, Zho

u Yahui delayed promoting the commercial application of ICST Block Chain Agreement on StarMaker and refused to use the Maker Platform to buy ba

ck the net profit of each quarter. ICST; Zhou Yahui will make StarMaker one production, two sales and many other matters.

In response to the above complaint, the responsible person of Kunlun Wanwei Group’s Public Re

lations Department responded to reporters that this matter is pure defamation, and we are going through legal proce

dures. “(This matter) is a completely organized malicious attack, and we will follow up with public action as you can see.”

After Zhou Yahui’s transnational fraud was reported, a lot of netizens were shocked to hear about it. What they reported was only

defamation. Now they are going through legal procedures. The defamator will receive a notice from the court and face punishment more likely.

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Britney Spears Canceled All Singing Shows Britney Spears

Britney Spears posted on social networking website on May 5 that she would cancel all new concerts. The reason was that his father was seriously ill and hospitalized.

So she decided heavily to cancel the “Domination” singing show and devote the rest of her time to her family. Britney also said she had been looking forward to seeing everyone on the show and was heartbroken.

Britney Spears:

I don’t know where to start, because it’s too hard for me to talk about. I can’t perform my new “Domination” singing show.

I’ve been looking forward to this rookie for a year, and I hope to see all of you, so this decision breaks my heart. However, my family has always been my first priority.

So that’s the choice I have to make. A few months ago, my father was hospitalized and passed through the ghost gates. We are all grateful to him for surviving.

But there is still a long way to go to recover. I have to make tough decisions, and now I will focus all my attention and energy on my family.

I hope you all understand me. Ticket refund please log on my website. In the meantime, I sincerely thank you for your prayers and support for my family. Thank you, love you.

I’ve been looking forward to this rookie for a year, and I hope to see all of you, so this decision breaks my heart. However, my family is always my first priority, so this is the choice I have to make. A few months ago,

my father was hospitalized and passed through the ghost gates. We are all grateful that he can survive, but there is still a long way to go before he recovers. I had to make a tough decision.

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According to the Tianfu Morning Post, Zhou Dongping, a lawyer of

According to the Tianfu Morning Post, Zhou Dongping, a lawyer of Chengdu Taihe Tai Law Firm, said:

“According to the relevant provisions, the number of days of annual leave that

should not be taken can be compensated by three times the daily wage.”

About half of workers enjoy paid annual leave

As for holidays, there is a widely circulated saying: “Europeans work for better holidays, while Chinese people

spend their holidays for better work.”

As early as 1936, France established relevant laws and became the first

country in the world to establish a paid annual leave system.

Until 1995, the Chinese also had the same rights. The Labor Law, which was

formally implemented that year, stipulated that workers who worked

continuously for more than one year were entitled to paid annual leave.

By 2008, the Regulations on Annual Vacation with Pay for Employees were promulgated and implemented, which

stipulated the specific number of vacation days: if the cumulative work of employees has been completed for less than one year and less than 10 years, the

annual vacation time will be 5 days; if the work has been completed for less than 10

years and 20 years, the annual vacation

time will be 10 days; if the work has been completed for 20 years, the annual vacation time will be 15 days

Up to now, it has been more than ten years since the promulgation of the

Regulations on Annual Leave with Pay for Employees, but the implementation is not satisfactory. According to Nanfang.com:

Since 2012, Zhao Lihang has worked in a clothing factory in Baoding, Hebei

Province. During her six years of work, she has never heard of the term “paid annual vacation” or enjoyed this

treatment. “In our industry, overtime pay is enough. If there is no paid annual vacation, there will be no such thing.”

Xiao Huang, who works in Beijing Branch of a daily chemical company in Zhejiang Province, knows that the head

office stipulates paid annual leave, but the leave must be approved by the head of the branch company. The head of the

branch company usually does not approve the leave, so he has not asked for paid annual leave. According to his wife’s response: “The day after I gave birth, the

company urged him to go to work and asked for leave without approval, and then withheld 400 yuan.”

Survey data from several authoritative bodies confirm the above cases:

The annual survey conducted by the Ministry of Human Resources and Social Affairs in 60 cities shows that more than

half of the employees enjoy paid annual leave, and the proportion of those who take leave increases year by year. But in general, the implementation of paid

annual leave system is not ideal, there are still a considerable number of enterprises have not implemented paid annual leave.

A survey of 2552 workers conducted by the Tourism Research Center of the Chinese Academy of Social Sciences

showed that 40.1% of respondents said they did not have paid annual leave.

The Social Survey Center of China Youth Daily once conducted a social survey of

4,325 people. 50.4% of the respondents said that their units never took paid vacations.

The data also show that the implementation of paid annual leave is better mainly for Party and government

organs, institutions, large state-owned enterprises

and foreign-funded enterprises,

while private enterprises

and small and medium-sized

enterprises are relatively poor.

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Is fame to be only for the ancients?

Wang Wei
A MESSAGE TO COMMISSIONER LI AT ZIZHOU
From ten thousand valleys the trees touch heaven;
On a thousand peaks cuckoos are calling;
And, after a night of mountain rain,
From each summit come hundreds of silken cascades.
…If girls are asked in tribute the fibre they weave,
Or farmers quarrel over taro fields,
Preside as wisely as Wenweng did….
Is fame to be only for the ancients?


Wang Wei
A VIEW OF THE HAN RIVER
With its three southern branches reaching the Chu border,
And its nine streams touching the gateway of Jing,
This river runs beyond heaven and earth,
Where the colour of mountains both is and is not.
The dwellings of men seem floating along
On ripples of the distant sky —
These beautiful days here in Xiangyang
Make drunken my old mountain heart!


Wang Wei
MY RETREAT AT MOUNT ZHONGNAN
My heart in middle age found the Way.
And I came to dwell at the foot of this mountain.
When the spirit moves, I wander alone
Amid beauty that is all for me….
I will walk till the water checks my path,
Then sit and watch the rising clouds —
And some day meet an old wood-cutter
And talk and laugh and never return.


Meng Haoran
A MESSAGE FROM LAKE DONGTIN
TO PREMIER ZHANG
Here in the Eighth-month the waters of the lake
Are of a single air with heaven,
And a mist from the Yun and Meng valleys
Has beleaguered the city of Youzhou.
I should like to cross, but I can find no boat.
…How ashamed I am to be idler than you statesmen,
As I sit here and watch a fisherman casting
And emptily envy him his catch.


Meng Haoran
ON CLIMBING YAN MOUNTAIN WITH FRIENDS
While worldly matters take their turn,
Ancient, modern, to and fro,
Rivers and mountains are changeless in their glory
And still to be witnessed from this trail.
Where a fisher-boat dips by a waterfall,
Where the air grows colder, deep in the valley,
The monument of Yang remains;
And we have wept, reading the words.


 

Throughout this dynasty no one had painted horses

Du Fu

A DRAWING OF A HORSE BY GENERAL CAO

AT SECRETARY WEI FENG’S HOUSE

Throughout this dynasty no one had painted horses

Like the master-spirit, Prince Jiangdu —

And then to General Cao through his thirty years of fame

The world’s gaze turned, for royal steeds.

He painted the late Emperor’s luminous white horse.

For ten days the thunder flew over Dragon Lake,

And a pink-agate plate was sent him from the palace-

The talk of the court-ladies, the marvel of all eyes.

The General danced, receiving it in his honoured home

After this rare gift, followed rapidly fine silks

From many of the nobles, requesting that his art

Lend a new lustre to their screens.

…First came the curly-maned horse of Emperor Taizong,

Then, for the Guos, a lion-spotted horse….

But now in this painting I see two horses,

A sobering sight for whosoever knew them.

They are war- horses. Either could face ten thousand.

They make the white silk stretch away into a vast desert.

And the seven others with them are almost as noble

Mist and snow are moving across a cold sky,

And hoofs are cleaving snow-drifts under great trees-

With here a group of officers and there a group of servants.

See how these nine horses all vie with one another-

The high clear glance, the deep firm breath.

…Who understands distinction? Who really cares for art?

You, Wei Feng, have followed Cao; Zhidun preceded him.

…I remember when the late Emperor came toward his Summer Palace,

The procession, in green-feathered rows, swept from the eastern sky —

Thirty thousand horses, prancing, galloping,

Fashioned, every one of them, like the horses in this picture….

But now the Imperial Ghost receives secret jade from the River God,

For the Emperor hunts crocodiles no longer by the streams.

Where you see his Great Gold Tomb, you may hear among the pines

A bird grieving in the wind that the Emperor’s horses are gone.

What are you thinking of, old friend? The wildgeese never answer me.

Du Fu
REMEMBERING MY BROTHERS ON A MOONLIGHT NIGHT
A wanderer hears drums portending battle.
By the first call of autumn from a wildgoose at the border,
He knows that the dews tonight will be frost.
…How much brighter the moonlight is at home!
O my brothers, lost and scattered,
What is life to me without you?
Yet if missives in time of peace go wrong —
What can I hope for during war?


Du Fu
TO LI BAI AT THE SKY SEND
A cold wind blows from the far sky….
What are you thinking of, old friend?
The wildgeese never answer me.
Rivers and lakes are flooded with rain.
…A poet should beware of prosperity,
Yet demons can haunt a wanderer.
Ask an unhappy ghost, throw poems to him
Where he drowned himself in the Milo River.


Du Fu
A FAREWELL AT FENGJI STATION TO GENERAL YAN
This is where your comrade must leave you,
Turning at the foot of these purple mountains….
When shall we lift our cups again, I wonder,
As we did last night and walk in the moon?
The region is murmuring farewell
To one who was honoured through three reigns;
And back I go now to my river-village,
Into the final solitude.


Du Fu
ON LEAVING THE TOMB OF PREMIER FANG
Having to travel back now from this far place,
I dismount beside your lonely tomb.
The ground where I stand is wet with my tears;
The sky is dark with broken clouds….
I who played chess with the great Premier
Am bringing to my lord the dagger he desired.
But I find only petals falling down,
I hear only linnets answering.


Du Fu
A NIGHT ABROAD
A light wind is rippling at the grassy shore….
Through the night, to my motionless tall mast,
The stars lean down from open space,
And the moon comes running up the river.
…If only my art might bring me fame
And free my sick old age from office! —
Flitting, flitting, what am I like
But a sand-snipe in the wide, wide world!


Du Fu
ON THE GATE-TOWER AT YOUZHOU
I had always heard of Lake Dongting —
And now at last I have climbed to this tower.
With Wu country to the east of me and Chu to the south,
I can see heaven and earth endlessly floating.
…But no word has reached me from kin or friends.
I am old and sick and alone with my boat.
North of this wall there are wars and mountains —
And here by the rail how can I help crying?

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