Throughout the history of international trade, protectionism has been a spectre stalking the world. The Smoot-Hawley Act of 1930 was adopted to protect US businesses and jobs and to increase government revenue by raising tariffs on imported goods. It led to a wave of international retaliation and an exacerbation of the Great Depression. In 1933, US gross domestic product plunged by 45 per cent compared with 1929, and the contribution of trade to GDP dropped from 11 per cent to 6.6 per cent. History is a mirror. Last week the US government announced new protectionist measures against China, resulting in the S&P 500 losing well over tn in market value. The impact was also felt by the European and Asian markets. There is no need for history to repeat itself only for us to learn the straightforward lesson that there is no winner in a trade war.
Though Ranagul Sopi started learning embroidery in a small village in the Xinjiang Uygur autonomous region, her craftsmanship has taken a magical leap onto the catwalks of the Paris Haute Couture Week.
Three workers from Jiangsu and Shandong provinces and Shanghai who are in charge of express stations are the first lecturers. One of them, Hou Kaili of Nanjing, Jiangsu province, has been in the express delivery business for years. At Cainiao Guoguo, he manages a team of 150 couriers, whose average monthly income is more than 10,000 yuan (,439). Their earnings double on June 18 and Nov 11, the biggest shopping discount days in the country.
Though the announcement hasn’t been made, Arlington residents eager to see the city’s tech industry take off are already celebrating.
Three Chinese graduates at the University of Southern California will join seven other women in filing lawsuits against their alma mater for damages caused by a longtime campus gynecologist who allegedly sexually abused them.
Three other service centers - Shanghai Association for Corporate Compliance, Shanghai Joint Training Center for Cross-Border Business Law and the Research Center for Legal Practices on International Finance and Trade - were also launched on Wednesday.
曲靖包皮那家医院好
Tillerson, former chief executive of the US oil and gas company Exxon, assumed office on Feb 1, 2017. He underwent a rocky term as a newcomer diplomat due to his divergence from Trump on issues like multilateralism and America's withdrawal from multilateral treaties and organizations.
Through each artist's perspective, the exhibition examines a spectrum of things, including faith, utopia, identity, politics, contemporaneity, life, and death.
Tian instructs her to count aloud from one to five and to perform a few other simple tasks, just to make sure her other functions are not being affected by the electrodes, while in the background a monitor frantically displays the signals emanating from them.
Through two roundtable discussions on cross-border business opportunities and evolution of healthcare services, speakers regularly returned to the need for innovation while a luncheon dialogue addressed the subject, "Shenzhen as a pilot demonstration area: opportunities and challenges for Hong Kong".