Countdown to the Chinese New Year around the world for the year of the mouse

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A live countdown to the Lunar New Year (also known as Chinese New Year) for Hong Kong, Hanoi, Vietnam, and New York on January 25, 2020.

While most of the world celebrates the New Year on January 1, many people also celebrate the traditional new year based on the lunar calendar. Celebrate as the clock strikes midnight and the new year arrives. Happy New Year from the Youtube Battles community! :)

At the beginning of this year we did a live countdown to 2020 with coverage for all 35 time zones in the world so that everyone could celebrate the moment as the clock struck midnight in their time zone on New Years Eve and the new year began. As the day progressed, the countdown was updated to show the next time zones to hit the year 2020.

Chinese New Year 2020 falls on January 25 | Human World ...

春晚合家欢系列之同一种乡愁 | 订阅CCTV春晚

https://youtu.be/WZ8UHLbCKyI

北京时间1月24日20:00，2020年中央广播电视总台春节联欢晚会将如约而至！锁定CCTV春晚频道，春晚直播等你来看，我们不见不散！ 2020年中央广播电视总台春节联欢晚会直播地址：https://bit.ly/2R6DIOK

Celebrating Spring Festival with KOLs at the CGTN office 四位外国网红齐聚央视大楼喜迎春节

https://youtu.be/ZnIlBlNvO-4

https://youtu.be/RhmmyKiU1Nw

Moderate gains for year of the rat - StarProperty

Chinese people around the world prepare for the year of the mouse

People in Qingdao, East China's Shandong Province pick hangings with Chinese character "Fu (fortune)" at a market on Monday. Photo: cnsphoto

The Chinese Lunar New Year will arrive on Saturday. Chinese people across the country and around the world are preparing to welcome the year of mouse with various traditions.

Chinese people value celebrating the New Year with families.

As of Monday, the national railway has served 12.24 million trips within 11 days since the peak travel season started, a 19.8 percent year-on-year increase. A total of 1,370 temporary trains have been added, China National Radio reported Tuesday.

Traditional conventions in Spring Festival vary across China.

In Chaozhou, South China's Guangdong Province, people march with god sculptures from temples. "The gong and drum band would follow the firecrackers in the march," Chen Aijing, a Chaozhou resident, told the Global Times.

"Each village would have different dates to celebrate. There would be performance for Chaozhou operas and traditional puppet play," she said.

Several days before the New Year day, people in Guangzhou, Guangdong's capital city go shopping in "Flower Street" where one can buy almost anything. On December 28 of the Lunar Calendar, families clean their houses. On the New Year Day, they make rice cakes, according to Zhao Shi, a local resident.

In Wuhan, Central China's Hubei Province, there used to be dragon and lion dances, but the convention has been replaced by a lighting show. "Dried fish, meat and sausages are a must for Spring Festival," a local university student Wu Han said.

Wu interns in Chongli, North China's Hebei Province. Due to the spread of pneumonia in his home city, Wu hesitated whether he would return home.

In the northeastern provinces, people usually stay indoors during the festival due to cold temperatures.

"Watching the Spring Festival gala is a must for us," Lun Yu, a resident from Da-
qing, Northeast China's Heilongjiang Province, told the Global Times on Tuesday. Her big family gathers together on the New Year eve and makes dumplings with fillings of sauerkraut and pork. The dumplings are served on the table right at midnight.

For Chinese living overseas, it is often difficult for them to go home at Spring Festival. Tina Ma, who lives in Melbourne, Australia, decided to visit a friend in Brisbane. "We plan to have a big meal and watch the gala on the internet," she told the Global Times.

Police officers perform traditional dance at a Spring Festival gala in Du'an Yao autonomous county, South China's Guangxi Zhuang Autonomous Region on Sunday. Photo: cnsphoto

Colored lanterns featuring the Red Army displayed in Zunyi, Southwest China's Guizhou Province. Photo: cnsphoto

A child is attracted by holiday decorations at a Spring Festival market in San Francisco. Photo: cnsphoto

A child tries the head decoration of Chakhar clan in Hohhot, North China's Inner Mongolia Autonomous Region at an event to celebrate Spring Festival. Photo: cnsphoto

A man is writing couplets at the National Library of China in Beijing on Tuesday. An Exhibition on folk arts and intangible cultural heritage about Spring Festival kicks off here. Photo: Li Hao/GT

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Spring Festival dinner tables underscore digital advantage

From Norwegian salmon, Bostonian lobsters to Chilean cherries, the dinner tables of Chinese people have never been more globalized in the run-up to the Lunar New Year, the most important reunion time for Chinese families.

What's behind the most important feast for Chinese points to the key to China's economic appeal - the government's opening-up efforts, growing consumer demand for diversified choices and better quality, and a digital economy that helps accelerate the country's consumption upgrading.

As China is shifting toward a consumption-based economy, its rising household consumption and enhanced opening-up to the outside world indicate the great potential of the Chinese market, which attracts attention from foreign companies and exporters.

According to the National Bureau of Statistics, China's retail sales rose 8 percent year-on-year to some 41.16 trillion yuan ($6 trillion) in 2019, with the contribution of consumption to GDP expansion reaching 57.8 percent and remaining the top growth engine for the economy. Moreover, the country's per capita GDP exceeded the $10,000-mark last year. By any measure, there is still plenty of room for China's consumption to grow.

But most importantly, a large-scale digital market has taken shape in China, offering a significant boost to consumption, which may be the biggest difference between China's consumer market and those in other countries. With the upgrading of internet services, the popularization of e-commerce and the change of consumption habits, China's internet generation of consumers have become accustomed to buying all their daily necessities online. Such efficiency and simplicity have greatly encouraged consumption innovations, providing more and better goods and services options for consumers.

In the process of promoting its consumption upgrading, China's digital economy has not just boosted its foreign trade but also offered a lift to the rural economy. According to information from Tmall, it sold 190 million kilograms of agricultural commodities during a shopping campaign in early January this year, with income for each participating farmer increasing by 1,037 yuan.

With the rise of the digital economy, Chinese farmers are also using the tool to expand marketing channels for their output so as to improve the living standards. That's a big difference between China and India. While rural Chinese are embracing the internet and making use of it, Indians in rural regions are resisting the shifts e-commerce will bring, which somehow explains the great vitality in the Chinese economy.

In short, China's economic prowess lies largely in its digital economy, which sees all parts of society connect with one another to generate continuous momentum for the country to maintain strong growth.

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Chinese people to celebrate festival despite disease impact

The specter of the Wuhan novel coronavirus hovers over China with at least 544 confirmed cases across the country, and most provinces have reportedly had suspected cases, but due to the approach of the most important festival in Chinese tradition - Chinese New Year - many people across the nation maintained optimistic and will go ahead to celebrate the festival. 

Celebration for Chinese Lunar New Year held in Chinatown of Yangon Celebration for Chinese Lunar New Year held in Chinatown of Yangon

S.Korea's real GDP growth hits 10-year low in 2019

South Korea's real gross domestic product (GDP), adjusted for inflation, posted the lowest growth in 10 years last year, central bank data showed Wednesday. 

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Human Rights Watch (HRW) criticism and report of China are a lie, reflect Western elites’ hypocrisy, anti China-rise !

Tweet #Rightways
 

https://youtu.be/BisTR2w9Bqs

https://youtu.be/HSKwA_uDHIw

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HRW’s criticism of China is a lie

US-based Human Rights Watch (HRW) released its World Report 2020 on Tuesday. Kenneth Roth, executive director of HRW, said in his speech that China has launched an assault on the international human rights system.

An NGO as it is, HRW has been openly coordinating with the US on its tough China policy. The organization's funding source and personnel structure have shown it will embed US national interests deeply into its goals. Roth once served as a US federal prosecutor. HRW's extreme antagonism toward China results from his prejudice and political stand.

The organization's main business is global human rights, but it seems it is unfamiliar with human rights conventions and standards under the UN system. The right to development - a human right that the UN stresses the most - is almost completely missed out in the latest HRW's report.

People like Roth are only suitable for talking big in New York's high society. If their interpretation of human rights is examined from the perspective of developing societies and emerging markets, people will easily find they are narrow-minded and paranoid. They are keen to show their sympathy for the lack of human rights in developing societies, but they have no idea what the most important thing is there.

It is acceptable to criticize China. But HRW has been propagating a huge lie by smearing China, a country where modern life has spread rapidly and people's living standards have been greatly raised. HRW has been living in an abnormal atmosphere of public opinion about China.

Have people like Roth ever visited Chinese cities and spoken with ordinary Chinese families? Have they ever been to the shopping malls and streets that have sprung up all over China, and talked with ordinary Chinese people there? Have they left nightclubs and walked back to the hotel at night in China? Is China's human rights system the worst in the world? Are they talking about human rights or the privileges of the very few followers of the US value?

The life span of the Chinese people is becoming longer. Conditions of food, clothing, housing, transportation, education, public health services and provisions for the aged have been improved. Pollution has been effectively controlled. Chinese people have become the main force of global tourism and studying abroad. China's internet is also one of the most developed worldwide. These have formed the basis of the continuing development of China's human rights.

China is different from the US and the West politically. Thus, China has its own characteristics in political participation and governance of public opinion. The Chinese system supports the country's development. Our system does not threaten that of the West and should gain respect from the West.

Some extreme Western political elites have attacked China violently for geopolitical purposes. People like Roth are not really advocating the general advancement of human rights, but are following the needs of US politics. They are tarnishing the great human rights cause of mankind, and should be ashamed of it.

People like Roth should go deep into a huge society like China and really understand what is going on there and what people really care about. The likes of Roth should seriously study the world, not arrogantly represent the world.

Source link

HRW report reflects Western elites’ hypocrisy: analysts

 

Experts attend a side-event on China's human rights protection of ethnic minorities amid the 41st session of the UN Human Rights Council in Geneva, Switzerland, July 2, 2019.

Criticizing China for "suppressing" human rights is the card that the West has been playing for decades. This reflects the hypocrisy and deep ignorance of arrogant Western elites who cannot give an objective assessment of other countries' situations, analysts said on Wednesday, in response to the latest report of nongovernmental organization (NGO) Human Rights Watch which deemed China as a global threat to human rights development.

In its 335-page World Report 2020, the New York-based NGO claimed that China is now a global threat to human rights. Kenneth Roth, executive director of HRW, claimed that the country is also using its "growing economic clout to silence critics and to carry out the most intense attack on the global system for enforcing human rights since that system began to emerge in the mid-20th century."

Roth was banned from entering Hong Kong on Sunday, about a month after the HRW was sanctioned by the Chinese central government for their "horrible activities" in instigating the months-long riots in the Hong Kong Special Administrative Region (HKSAR).

The NGO, which claims it does not receive funds from the government, releases human rights reports every year, evaluating the global system for protecting human rights. However, many of its officials and members are former US federal government officials, and the NGO has been using its right to speak to export the ideological tendency, Chinese analysts said.

"To judge other countries at will by ignoring the facts is their way of doing things," an analysts close to a government-related think tank who preferred not to be named, told the Global Times on Wednesday.

Meanwhile, another NGO, Freedom House, said in its latest report that Chinese media's overseas expansion posed "serious implications for the survival of open, democratic societies."

Rioters set up barricades on streets to block traffic in Hong Kong on Jan. 1, 2020. (Xinhua)


Long-term ignorance

The Chinese Foreign Ministry said on Wednesday that HRW's China-related remarks, including its report, are devoid of facts and paint white as black, and that there is no need to discuss it.

"These two organizations have been viewing China from distorted views for a long time. Their China-related comments always ignore facts with no objectivity," Geng Shuang, spokesperson of Chinese Foreign Ministry, said at a routine press conference.

"The state of the human rights situation in China is in the best of times," he noted.

Some China-related topics HRW highlighted in its 2020 report have appeared in previous reports, including criticism over so-called repressions of Uygur people, tightening controls on freedom of expression and the erosion of HKSAR's freedom. Also, HRW has always been enthusiastic about criticizing other countries and regions as well as paying close attention to topics on juridical fairness, racial discrimination, extortion, and confessions by torture.

Its 2020 report has also adopted the same biased way of depicting "old stories" with new arguments. For example, in the Hong Kong chapter, HRW claimed that a large number of protesters acted peacefully, but the police used excessive force by intentionally ignoring the legitimacy of police law enforcement.

This is not the first time HRW pointed its finger at other countries' internal affairs, coming up with reports filled with biased views and false evidence. It ignored cases of police beating African-Americans to death in the US or the infamous abuse of detainees at the Guantanamo Bay detention camp, according to a letter jointly released in May 2014 by more than 130 scholars, mostly from the US, criticizing the HRW. Singapore's Ministry of Law also refuted the NGO criticism of proposed fake news laws in 2019 in Singapore.

The letter, calling on HRW to close its revolving door to the US government, noted that many members of the HRW are former CIA agents and former US officials. The organization's standard on human rights is in accordance with US diplomatic policies and interests, thus damaging its credibility and independence.

"It also reflects the lack of oversight of NGOs in international law. For example, what criteria does HRW use to evaluate human rights in other countries?" the analyst said, noting that it seriously undermines the joint efforts of other countries in the field of human rights.

A rioter starts a fire on a Hong Kong street corner. Photo: Cui Meng/ GT


Politically driven

Chinese analysts also noted that the funding and membership of the NGO linked it close to the US government, although it claims to be nongovernmental, and its goal is to work for the country's national interests.

A graduate of Yale Law School and Brown University, Roth used to serve as a federal prosecutor, whose perception of China's human rights is embedded with hostility and political bias.

"They've been watching and criticizing other countries based on their understanding and idea of the West's concept of human rights. China has its own human rights concept, formulated on our social, economic and cultural background. But the Chinese concept was often disregarded by those NGOs," another anonymous expert told the Global Times on Wednesday.

Human rights include, first and foremost, the right to life, subsistence and development, the Xinhua News Agency said in a commentary in 2019. When HRW criticized China's Xinjiang policy, it turned a blind eye to the region, which used to fall victim to violent terrorist attacks that has killed innocent people but has been developing into a peaceful and prosperous place.

Its perception of China's human rights status also reflects the hypocrisy and arrogance of provocative Western elites, analysts said.

Though these NGOs claim to be politically neutral, it is impossible for them to completely ignore the political background and stance of Western countries, He Zhipeng, a professor of international human rights and legal education at Jilin University in Northeast China, told the Global Times.

"They usually take Western culture as the basis or ideological fortress, and always stand on the basis of the Western human rights ideology to observe and criticize other countries, while China's socio-economic and cultural background is often unheard in their investigation," he said.

Wang Yabin contributed to the story

 Source link

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Human Rights Watch (HRW) criticism and report of China are a lie, reflect Western elites’ hypocrisy, anti China-rise !

Tweet #Rightways
 

https://youtu.be/BisTR2w9Bqs

https://youtu.be/HSKwA_uDHIw

https://youtu.be/EUF8XYotIfc

HRW’s criticism of China is a lie

US-based Human Rights Watch (HRW) released its World Report 2020 on Tuesday. Kenneth Roth, executive director of HRW, said in his speech that China has launched an assault on the international human rights system.

An NGO as it is, HRW has been openly coordinating with the US on its tough China policy. The organization's funding source and personnel structure have shown it will embed US national interests deeply into its goals. Roth once served as a US federal prosecutor. HRW's extreme antagonism toward China results from his prejudice and political stand.

The organization's main business is global human rights, but it seems it is unfamiliar with human rights conventions and standards under the UN system. The right to development - a human right that the UN stresses the most - is almost completely missed out in the latest HRW's report.

People like Roth are only suitable for talking big in New York's high society. If their interpretation of human rights is examined from the perspective of developing societies and emerging markets, people will easily find they are narrow-minded and paranoid. They are keen to show their sympathy for the lack of human rights in developing societies, but they have no idea what the most important thing is there.

It is acceptable to criticize China. But HRW has been propagating a huge lie by smearing China, a country where modern life has spread rapidly and people's living standards have been greatly raised. HRW has been living in an abnormal atmosphere of public opinion about China.

Have people like Roth ever visited Chinese cities and spoken with ordinary Chinese families? Have they ever been to the shopping malls and streets that have sprung up all over China, and talked with ordinary Chinese people there? Have they left nightclubs and walked back to the hotel at night in China? Is China's human rights system the worst in the world? Are they talking about human rights or the privileges of the very few followers of the US value?

The life span of the Chinese people is becoming longer. Conditions of food, clothing, housing, transportation, education, public health services and provisions for the aged have been improved. Pollution has been effectively controlled. Chinese people have become the main force of global tourism and studying abroad. China's internet is also one of the most developed worldwide. These have formed the basis of the continuing development of China's human rights.

China is different from the US and the West politically. Thus, China has its own characteristics in political participation and governance of public opinion. The Chinese system supports the country's development. Our system does not threaten that of the West and should gain respect from the West.

Some extreme Western political elites have attacked China violently for geopolitical purposes. People like Roth are not really advocating the general advancement of human rights, but are following the needs of US politics. They are tarnishing the great human rights cause of mankind, and should be ashamed of it.

People like Roth should go deep into a huge society like China and really understand what is going on there and what people really care about. The likes of Roth should seriously study the world, not arrogantly represent the world.

Source link

HRW report reflects Western elites’ hypocrisy: analysts

 

Experts attend a side-event on China's human rights protection of ethnic minorities amid the 41st session of the UN Human Rights Council in Geneva, Switzerland, July 2, 2019.

Criticizing China for "suppressing" human rights is the card that the West has been playing for decades. This reflects the hypocrisy and deep ignorance of arrogant Western elites who cannot give an objective assessment of other countries' situations, analysts said on Wednesday, in response to the latest report of nongovernmental organization (NGO) Human Rights Watch which deemed China as a global threat to human rights development.

In its 335-page World Report 2020, the New York-based NGO claimed that China is now a global threat to human rights. Kenneth Roth, executive director of HRW, claimed that the country is also using its "growing economic clout to silence critics and to carry out the most intense attack on the global system for enforcing human rights since that system began to emerge in the mid-20th century."

Roth was banned from entering Hong Kong on Sunday, about a month after the HRW was sanctioned by the Chinese central government for their "horrible activities" in instigating the months-long riots in the Hong Kong Special Administrative Region (HKSAR).

The NGO, which claims it does not receive funds from the government, releases human rights reports every year, evaluating the global system for protecting human rights. However, many of its officials and members are former US federal government officials, and the NGO has been using its right to speak to export the ideological tendency, Chinese analysts said.

"To judge other countries at will by ignoring the facts is their way of doing things," an analysts close to a government-related think tank who preferred not to be named, told the Global Times on Wednesday.

Meanwhile, another NGO, Freedom House, said in its latest report that Chinese media's overseas expansion posed "serious implications for the survival of open, democratic societies."

Rioters set up barricades on streets to block traffic in Hong Kong on Jan. 1, 2020. (Xinhua)


Long-term ignorance

The Chinese Foreign Ministry said on Wednesday that HRW's China-related remarks, including its report, are devoid of facts and paint white as black, and that there is no need to discuss it.

"These two organizations have been viewing China from distorted views for a long time. Their China-related comments always ignore facts with no objectivity," Geng Shuang, spokesperson of Chinese Foreign Ministry, said at a routine press conference.

"The state of the human rights situation in China is in the best of times," he noted.

Some China-related topics HRW highlighted in its 2020 report have appeared in previous reports, including criticism over so-called repressions of Uygur people, tightening controls on freedom of expression and the erosion of HKSAR's freedom. Also, HRW has always been enthusiastic about criticizing other countries and regions as well as paying close attention to topics on juridical fairness, racial discrimination, extortion, and confessions by torture.

Its 2020 report has also adopted the same biased way of depicting "old stories" with new arguments. For example, in the Hong Kong chapter, HRW claimed that a large number of protesters acted peacefully, but the police used excessive force by intentionally ignoring the legitimacy of police law enforcement.

This is not the first time HRW pointed its finger at other countries' internal affairs, coming up with reports filled with biased views and false evidence. It ignored cases of police beating African-Americans to death in the US or the infamous abuse of detainees at the Guantanamo Bay detention camp, according to a letter jointly released in May 2014 by more than 130 scholars, mostly from the US, criticizing the HRW. Singapore's Ministry of Law also refuted the NGO criticism of proposed fake news laws in 2019 in Singapore.

The letter, calling on HRW to close its revolving door to the US government, noted that many members of the HRW are former CIA agents and former US officials. The organization's standard on human rights is in accordance with US diplomatic policies and interests, thus damaging its credibility and independence.

"It also reflects the lack of oversight of NGOs in international law. For example, what criteria does HRW use to evaluate human rights in other countries?" the analyst said, noting that it seriously undermines the joint efforts of other countries in the field of human rights.

A rioter starts a fire on a Hong Kong street corner. Photo: Cui Meng/ GT


Politically driven

Chinese analysts also noted that the funding and membership of the NGO linked it close to the US government, although it claims to be nongovernmental, and its goal is to work for the country's national interests.

A graduate of Yale Law School and Brown University, Roth used to serve as a federal prosecutor, whose perception of China's human rights is embedded with hostility and political bias.

"They've been watching and criticizing other countries based on their understanding and idea of the West's concept of human rights. China has its own human rights concept, formulated on our social, economic and cultural background. But the Chinese concept was often disregarded by those NGOs," another anonymous expert told the Global Times on Wednesday.

Human rights include, first and foremost, the right to life, subsistence and development, the Xinhua News Agency said in a commentary in 2019. When HRW criticized China's Xinjiang policy, it turned a blind eye to the region, which used to fall victim to violent terrorist attacks that has killed innocent people but has been developing into a peaceful and prosperous place.

Its perception of China's human rights status also reflects the hypocrisy and arrogance of provocative Western elites, analysts said.

Though these NGOs claim to be politically neutral, it is impossible for them to completely ignore the political background and stance of Western countries, He Zhipeng, a professor of international human rights and legal education at Jilin University in Northeast China, told the Global Times.

"They usually take Western culture as the basis or ideological fortress, and always stand on the basis of the Western human rights ideology to observe and criticize other countries, while China's socio-economic and cultural background is often unheard in their investigation," he said.

Wang Yabin contributed to the story

 Source link

RELATED ARTICLES:

• HK ban on HRW head ‘fair, reasonable move’
• Barring HRW head from HK entry ‘a reasonable decision’: analysts 

Related posts:

'We lied, we cheated, we stole', ‘the Glory of American experiment’ by US Secretary of State/Ex-CIA director Mike Pompeo 

 

Hong Kong youth deceived by West: ‘I go to Yale, you go to jail’ mocks agitator followers

Inside America's Meddling Machine: NED, the US-Funded Org Interfering in Elections Across the Globe  https://youtu.be/NzIJ25ob1aA

US Uyghur law 'sabotages stability in Xinjiang' while China Fighting the Terrorism, justify Xinjiang policies!

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Who is messing with Hong Kong?

A rioter waves a US national flag in Tsim Sha Tsui district in Hong Kong on August 11. Photo: AFP

Cutting-edge satellite launched by private Chinese company: GalaxySpace

Tweet #Rightways
 

Galaxy Space plans to establish a low Earth orbit 5G constellation. Credit: Galaxy Space.

China’s most powerful low-orbiting communication satellite, also the biggest spacecraft ever built by a private Chinese company, was launched in Northwest China.

The GalaxySpace 1, designed and built by the Beijing-based startup GalaxySpace and launched yesterday, is also widely considered the country’s first 5G-capable satellite.

The 200kg satellite was lifted at 11.02am atop a Kuaizhou 1A rocket from the Jiuquan Satellite Launch Centre in the Gobi Desert, according to a statement by GalaxySpace.

It has a transmission capacity of 10 Gigabits per second and uses multiple bands such as Q/V and Ka, the company said.

China has been going all-out to boost and promote 5G communication technology, regarding it as one of the major driving forces for future social and economic development.

China lofts 4 satellites into orbit with its second launch of 2020 ...

China launches Yinhe-1 commercial low Earth orbit 5G satellite

Liftoff of the Kuaizhou-1A light solid rocket from Jiuquan at 10:02 p.m. Eastern Jan. 15 carrying the Yinhe-1 5G satellite. Credit: CASIC

China sends six satellites into space with a single rocket

https://youtu.be/kTZn0J3Wrws

China's first private WiFi satellite meets the public
https://youtu.be/k50uXMToQr0

Nation soars ahead with space missions

https://www.chinadaily.com.cn/a/202001/13/WS5e1bb74aa310cf3e3558406c_1.html

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  China's largest carrier rocket Long March-5 makes new flight; BDS-3 satellite system (GPS) to complete before June 2020, Space Station operational in 2022

 

https://youtu.be/BEx6oQhx6Sc 

 

Cutting-edge satellite launched by private Chinese company: GalaxySpace

Tweet #Rightways
 

Galaxy Space plans to establish a low Earth orbit 5G constellation. Credit: Galaxy Space.

China’s most powerful low-orbiting communication satellite, also the biggest spacecraft ever built by a private Chinese company, was launched in Northwest China.

The GalaxySpace 1, designed and built by the Beijing-based startup GalaxySpace and launched yesterday, is also widely considered the country’s first 5G-capable satellite.

The 200kg satellite was lifted at 11.02am atop a Kuaizhou 1A rocket from the Jiuquan Satellite Launch Centre in the Gobi Desert, according to a statement by GalaxySpace.

It has a transmission capacity of 10 Gigabits per second and uses multiple bands such as Q/V and Ka, the company said.

China has been going all-out to boost and promote 5G communication technology, regarding it as one of the major driving forces for future social and economic development.

China lofts 4 satellites into orbit with its second launch of 2020 ...

China launches Yinhe-1 commercial low Earth orbit 5G satellite

Liftoff of the Kuaizhou-1A light solid rocket from Jiuquan at 10:02 p.m. Eastern Jan. 15 carrying the Yinhe-1 5G satellite. Credit: CASIC

China sends six satellites into space with a single rocket

https://youtu.be/kTZn0J3Wrws

China's first private WiFi satellite meets the public
https://youtu.be/k50uXMToQr0

Nation soars ahead with space missions

https://www.chinadaily.com.cn/a/202001/13/WS5e1bb74aa310cf3e3558406c_1.html

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Washington’s unsustainable deficit hangs over global economy

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With the widening US budget gap, it is no longer a secret that such a high level of federal spending is unsustainable and the resulting debt burden has become a worry for the global economy.

According to data from the US Treasury Department, the federal budget deficit went on the rise in 2019, hitting $1.02 trillion and marking the first calendar year the deficit has exceeded $1 trillion since 2012. Given the country's tax revenues, government spending is obviously on an unsustainable path. While total government receipts grew 5 percent in 2019, federal spending increased at a faster pace of 7.5 percent.

More worryingly, as the economy slows amid headwinds, it is basically impossible for the US government to make ends meet by raising tax revenues. So based on the current trend, it will probably become a norm for the annual federal deficit to top $1 trillion in the future.

Undoubtedly, massive fiscal deficits will prompt a steady rise in public debt. According to data released by the Treasury Department on November 1, the US national debt surpassed $23 trillion for the first time in history. The figure is equivalent to about 110 percent of the country's GDP.

Of course, it should be acknowledged that US Treasury bonds are still considered safe-haven assets in the current uncertain global markets as they are seen as secure due to their strong ratings. Treasury securities held by foreign holders amounted to $6.78 trillion as of the end of October 2019, up $580 billion compared with a year earlier, according to Treasury data issued on December 16, 2019.

In the meantime, however, the share of US debt held by foreign holders has fallen from a peak of 34.1 percent in July 2012 to about 29 percent today. The decline also reflects the accelerated expansion of US debt issuance.

So far there is no sign of any sort of sustained plan for narrowing the US deficit to at least rein in its debt expansion. Nor does the government show any sign of urgency on this issue. Maybe the only response from the Trump administration is to pressure the Federal Reserve to cut rates, a move that could help lower its interest payments on debt and devalue its currency to ease the debt burden.

Such surge in irresponsibility could be attributed to two factors - its high creditworthiness and the financial supremacy of the US dollar. Since a collapse of the US economy may cause an economic disaster around the world, the US government could be better off counting on the world to pay the bill.

Sadly, there is no way out under the current circumstances, and the only hope now is that Americans will take some concrete measures to reverse the trend before a debt crisis truly breaks out.

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Washington’s unsustainable deficit hangs over global economy

Tweet #RightwaysTweet #Rightways

With the widening US budget gap, it is no longer a secret that such a high level of federal spending is unsustainable and the resulting debt burden has become a worry for the global economy.

According to data from the US Treasury Department, the federal budget deficit went on the rise in 2019, hitting $1.02 trillion and marking the first calendar year the deficit has exceeded $1 trillion since 2012. Given the country's tax revenues, government spending is obviously on an unsustainable path. While total government receipts grew 5 percent in 2019, federal spending increased at a faster pace of 7.5 percent.

More worryingly, as the economy slows amid headwinds, it is basically impossible for the US government to make ends meet by raising tax revenues. So based on the current trend, it will probably become a norm for the annual federal deficit to top $1 trillion in the future.

Undoubtedly, massive fiscal deficits will prompt a steady rise in public debt. According to data released by the Treasury Department on November 1, the US national debt surpassed $23 trillion for the first time in history. The figure is equivalent to about 110 percent of the country's GDP.

Of course, it should be acknowledged that US Treasury bonds are still considered safe-haven assets in the current uncertain global markets as they are seen as secure due to their strong ratings. Treasury securities held by foreign holders amounted to $6.78 trillion as of the end of October 2019, up $580 billion compared with a year earlier, according to Treasury data issued on December 16, 2019.

In the meantime, however, the share of US debt held by foreign holders has fallen from a peak of 34.1 percent in July 2012 to about 29 percent today. The decline also reflects the accelerated expansion of US debt issuance.

So far there is no sign of any sort of sustained plan for narrowing the US deficit to at least rein in its debt expansion. Nor does the government show any sign of urgency on this issue. Maybe the only response from the Trump administration is to pressure the Federal Reserve to cut rates, a move that could help lower its interest payments on debt and devalue its currency to ease the debt burden.

Such surge in irresponsibility could be attributed to two factors - its high creditworthiness and the financial supremacy of the US dollar. Since a collapse of the US economy may cause an economic disaster around the world, the US government could be better off counting on the world to pay the bill.

Sadly, there is no way out under the current circumstances, and the only hope now is that Americans will take some concrete measures to reverse the trend before a debt crisis truly breaks out.

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US gains limited from changed China policy

Tweet #Rightways
 

The year 2019 has been one in which US sought to reconstruct its relations with China.

First, the US reset the premise of its policies toward China. From former president Bill Clinton to Barack Obama, Washington used to consider living with a rising China conditionally as the precondition; but since Donald Trump took office, he has changed the relatively friendly premise into a hostile one. Trying to slow down China's development and preventing the country from surpassing or even replacing the US have become the real intention of his China policy.

Second, the US reframed its relations with China, taking economic and trade ties as the turning point, as well as putting in more efforts in diplomacy, security, politics and culture. The key tools in its reconstruction of economic and trade ties were the war of tariffs, technology and finance.

During 2019, the trade war launched by the US against China saw many ups and downs. The number of products on which the two sides slapped duties reached an unprecedented scale. With the escalating tech war against China, the US Commerce Department added Huawei and 70 affiliates to its "entity list." Besides, China was listed as a currency manipulator by the US Department of Treasury.

Meanwhile, the Trump administration carried out a whole-of-government approach to compete with China and imposed all-round pressure on China.

The US has continued to meddle in Taiwan-related affairs. The Trump administration approved the sale of 66 F-16 fighters to Taiwan in August, the biggest military transaction between the US and Taiwan. Then US National Security Advisor John Bolton's meeting with Taiwan's National Security Council (NSC) head David Lee in the White House in May indicated the upgrade of US-Taiwan relations, which happened for the first time since 1950s.

Most seriously, the US was trying to promote Taiwan's status as a sovereign state. In the Indo-Pacific Strategy Report issued by US Department of Defense, Taiwan was publicly listed as a country; and the Coordination Council for North American Affairs was changed into Taiwan Council for US Affairs.

In 2019, US so-called freedom of navigation operations in the South China Sea were much more aggressive. The China-proposed Belt and Road Initiative (BRI) was also besieged and smeared by the US. The US Indo-Pacific Strategy is meant to counter China's BRI.

Additionally, the US has stepped up competition with China politically and ideologically and kept attacking China's political system.

In terms of the issues of Xinjiang and Hong Kong, US interference was way more blatant than before. The US even passed the Hong Kong Human Rights and Democracy Act, in order to legalize its future interference in the Hong Kong issue. Moreover, the US attacked China's governance in Xinjiang. Not only did the Ministry of Commerce impose export control over 28 Chinese business entities, but the US Department of State also announced visa restrictions against Chinese officials and their relatives. US Congress, furthermore, passed the so-called Uyghur Human Rights Policy Act, keeping up the pressure on China even more.

The series of measures the Trump administration employed to restructure the China-US relationship framework are aggressive.

The Trump administration is trying to change the way China and US interact. It believes that Washington should abandon the engagement policy and cooperation should give way to strategic competition and that the US must pressure China to make concessions. That being the case, the Trump administration has changed the approach of engagement and hedging, reduced engagement and cooperation, and increased confrontation and conflicts with China.

When some hawks within the Trump government talk about China-US competition, what they really want are confrontation and conflict. Many working-level dialogue mechanisms established during the George W. Bush and Obama administrations are no longer in operation. Now Washington resorts to trade, technological and financial wars as well as sanctions. How far can the US go in this way?

First, it depends on how much price the US is willing to pay. Competition, decoupling, confrontation, and non-cooperation all come at a price. The US-launched trade war against China has impacted US agricultural and manufacturing industries and forced consumers to pay more, while the technological war has put the US high-tech industry under risk of losing the Chinese market. Escalating military competition with China means a significant increase in US military expenditure. Restricting China-US people-to-people exchanges will also cause losses to American universities and research institutions.

In fact, with the negative effects of the Trump administration's China policy increasingly becoming apparent, doubts within the US have grown. Although the US elites have generally reached a consensus on a tougher stance against China, they have yet to agree on how much price the US can pay.

Second, China-US relations are the result of bilateral interactions and cannot be unilaterally decided by the US. Facing heightened US pressure, China is exploring more effective ways to respond. Beijing is not afraid of competition.

Finally, the attitudes of the international community and the US allies matter. The China policy and other foreign policies of the Trump administration not only aimed at maximizing US interests, but also have the features of protectionism and unilateralism. The trade war against China has damaged global industrial and value chains, undermining the interests of other countries including US allies.

To sum up, although the US has benefited from its China policy recalibration, its gains are limited. How far will the US move to restructure its relations with China go? It hinges on the changes in US domestic politics as well as China's will and art in wrangling with the US.

By Wu Xinbo Source:Global Times - The author is dean of the Institute of International Studies at Fudan University.


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