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August, and its shares have slowly crawled back since Decembe
r. Hong Tao, an analyst from GF Securities, said the tech heavyweight has faced troubles. JD’s adv
anced logistics system, which is its core strength, has been overtaken by Alibaba’s Cainiao Logistics.
JD is in the spotlight as it is reducing salaries for its delivery staff and seeing a round
of shake-ups in its management team. Its chief technology officer Zhang Chen, chief lega
l officer Long Yu, and chief public affairs officer Lan Ye, all announced their resignation within just one month.
The company said in February that it would lay off 10 percent of its senior executives above vice-president level this year.
The 7-coin set contains two gold coins and five silver coins, with a variety of shapes. Designs i
nclude traditional Chinese ornamentation, dragon, phoenix, flowers and bird. All are legal tender.
The coins are made by Shenzhen Guobao Mint, Shenyang Mint and Shanghai Mint.
tions at the Brussels summit, has pledged to intensify discussions on the rules concerning in
dustrial subsidies, a priority for the WTO reform for the EU. This is being seen as a breakthrough by the EU side.
In fact, almost all countries provide subsidies for domestic companies in certain sectors, and i
n most cases, China has given subsidies to Chinese companies in strict accordance with WTO rules as its ultim
ate goal is to achieve complete marketization. Yet intensifying discussions on industrial subsidies and other
sensitive issues, including intellectual property rights protection, is a step that must be taken to not only addre
ss WTO members’ concerns, but also invigorate the organization and the global trading system.
China, US should jointly promote WTO reform
Chen Fengying, a senior researcher in world economy at the China Institutes of Contemporary International Relations
The Office of the United States Trade Representative seems to have made dr
iving the WTO reform its priority so that Washington can claim the discourse rights in global t
rade mechanisms and lead the process for making new trade rules and establishing a new global trading system.
Curtis Wilbur and Coast Guard’s cutter Bertholf through the Taiwan Straits. On March 13, t
wo US B-52H bombers flew near Chinese islands in the South China Sea for the second time this month.
Wu said China resolutely opposes the “provocative actions” by the
US warplanes, and will continue to take necessary actions to safeguard national sec
urity. “The facts have shown that the US is the one militarizing the South China Sea,” he said.
Regarding the US military’s recent interactions with its Taiwan counterpart, Wu said China resolutely opposes any milit
ary interaction between the two sides, whether it involves arms sales to Taiwan or official military exchanges.
“The Taiwan question is a domestic matter for China, and it is related to China’s core interests and the feelings of the Chi
nese people. It cannot be interfered with by outside forces,” Wu said, adding that the one-China policy is a reco
gnized consensus in international relations, and the political basis for Sino-US relations.
“Any attempt to undermine this principle is no different than trying to shake the foundatio
n of Sino-US ties. This does not fit with the basic interests of either nation, and it is very dangerous,” he said.