China mulls amendment to securities lawendment to the

A draft amendment to the Securities Law was submitted Saturday to a bimonthly session of the

National People’s Congress Standing Committee, China’s top legislature, for a third reading.

The latest revisions to the law include rules on the newly-devised science and technology inn

ovation board, which will pilot a registration-based initial public offering (IPO) system.

Under the current IPO system, new shares are subject to ap

proval from the China Securities Regulatory Commission before being listed.

Other revisions in the draft are made in light of new p

rogress of reforms and new developments of the capital market.

A draft amendment to the law was previously submitte

d to the top legislature for first reading in April 2015, mainly

to meet the legislative demand of reforming the IPO system toward a registration-based one.

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The Temburong Bridge, the largest infrastructure

unei’s history, will become the country’s longest sea-crossing bridge with a total length of about 30 km. It is scheduled to open to traffic by the end of November 2019.

The CC4 section of the bridge is constructed by China State Construction Engineering C

orp. At around 11.6 km of the 11.8 km-long section will be a land viaduct traversing the mangrove swamp of the

Labu Forest Reserve, the company has established a set of strict safety and green construction evaluation systems to mee

t the high demand for environmental protection and cope with unprecedented difficulty in construction.

The Padma Bridge, 25 meters in width and 10 km in length, will

be built over the Padma River, one of the three major rivers in Bangladesh.

In June 2016, China Railway Major Bridge Engineering Group Co Ltd was awar

ded a $1.55-billion contract by the Bangladeshi government to build the core structure of the bridge.

The bridge is the country’s largest infrastructure project, as wel

l as the largest foreign bridge project undertaken by Chinese companies in terms of total cost.

Once completed, travel time between the capital, Dhaka, and the southern city of Khulna will be shortened to about three hours from 13 hours.

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Obscure parliamentary procedures have been resurrecte

 providing daily drama from the House of Commons but making the future of Britain’s biggest change in generations no clearer.

After finally recognising that her minority Conservative g

overnment could not push through a Brexit deal on its own, May started talks this w

eek with Labour leader Jeremy Corbyn in the hope of coming up with a cross-party solution.

But that means accepting the need for more time, including the possibility of Britain hol

ding European Parliament elections on May 23, which May has long hoped to avoid at all cost.

“The United Kingdom proposes that this period should end on 30 June 2019,” May said in the letter.

“The government will want to agree a timetable for ratification that allows the United Kin

gdom to withdraw from the European Union before 23 May, 2019, and therefore cancel the European Parlia

ment elections, but will continue to make responsible prepara

tions to hold the elections should this not prove possible.”

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Yorobe said on-site studies have shown that the vari

ieties introduced to the Philippines through the Green Super Rice project are capable of thriving in harsh environments and maintaining steady yields.

“After Typhoon Haiyan swept through Leyte Island in the central Phi

lippines in November 2013, we found that the Green Super Rice variety was one of the few that w

as still growing when submerged in saline water,” he said. “Local farmers were elated and regained hope.”

In West Africa, six Green Super Rice varieties with high-yield potential and strong tolerance to drought, salinity and iron to

xicity have been developed, and about 14.5 metric tons of such seeds were distributed to local rice breeders, ac

cording to Baboucarr Manneh, a researcher with the African Rice Center in Cote d’Ivoire.

“Moreover, about 500 scientists, technicians and farmers hav

e been trained in fields such as breeding, seed production and crop management th

rough the project. The training helps increase their capability and achieve sustainable growth in the future,” he said.

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The UK now faces a deadline of April 12 to present the EU

  with a new plan, or crash out of the bloc without an agreement.

  But May’s government is considering a fourth vote on her deal, bolstered by their suc

cess in narrowing margin of defeat to 58 votes on Friday from 230 votes in January.

  The EU has given Britain until April 12 — two weeks away — to decide

whether it wants to ask for another postponement to Brexit. The bloc has called an eme

rgency Brexit summit for April 10 to deal with a British request, or prepare for a no-deal Brexit.

  Without a delay, Britain will leave the bloc at 11 pm U.K. time (6 pm EDT) on April 12 without a divor

ce agreement to smooth the way. Most politicians, economists and business groups think such a no-deal scenario would be disa

strous, erecting customs checks, tariffs and other barriers between Britain and its biggest trading partner.

  Parliament has voted repeatedly to rule out a no-deal Brexit — but it remains the def

ault position unless a deal is approved, Brexit is canceled or the EU grants Britain another

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North Korea has yet to issue any direct public statement on

  the decision to withdraw. Chad O’Carroll, an analyst and chief executive of the K

orea Risk Group, said the move was to be expected following the failure of the Hanoi summit.

  ”North Korea’s pull-out Friday from the Kaesong Lias

on Office has been on cards since Hanoi, given recent no-shows there,” he said on Twitter.

  He added that the move was designed to send a message that from

Pyongyang’s perspective “Seoul has insufficient influence” over the US-North Korea rela

tionship and that intra-Korean talks are increasingly pointless, “when sanctions prevent practical cooperation.”

  Following the Trump-Kim summit in Hanoi, the US and South Korea canceled major war ga

mes that have long been a source of tensions on the Korean Peninsula in order to “support diplomatic efforts” with Pyongyang.

  Speaking on Thursday, Joseph Dunford, chairman of the US Joint Chiefs of Staff, said he was “absolutely confide

nt” that smaller exercises held in place of the traditional war games enabled the US and South Korean forces to “maintain readiness.”

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Extra pilot averted disaster on previous Boeing 737 Max 8 flight

An off-duty pilot in the cockpit of a Boeing 737 Max 8 jet jumped in to help

crew disable a malfu

nctioning flight-control system as it experienced difficulties in October, according to Bloomberg.

The next day, with a different crew, the same plane crashed into the sea off Jakarta, killing all 189 people on board.

On doomed Lion Air Flight 610, pilots searched in a handbook f

or a way to stop the plane from nosediving, according to an exclusive Reuters report.

Reuters cites the information from three people with knowledge of the contents of the cockpit voice recorder that has never been made public.

Indonesia’s National Transportation Safety Committee (KNKT) has refused to comment to CNN on the content of the voice r

ecorder as the investigation is still ongoing. Boeing also refused to comment to CNN on the matter Wednesday.

Indonesian authorities found the cockpit voice recorder in the Java Sea on January 14 and said it could take up to a year to publish a full report into the crash.

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Trump also, as he often does, used his position to slyly sh

  out out one of his businesses, in this case, a golf course in Ireland.

  ”I have a very warm spot for Doonbeg, I will tell you that and it just a great place really.”

  While praising Ireland, Trump promptly switched to a characteristic boast about his own

success, his management of the economy and how he held “all of the records … every single record for the stock market.”

  Trump’s obsession with Obama — a defining characteristic — appeared like a nerv

ous tick twice in his photo-op, twinned with a willingness to spout untruths.

  First, he claimed that the former President had predicted in 2016 that British vote

rs would reject leaving the European Union in a referendum while he had predicted they would vote to exit the bloc.

  Obama did not bet on the outcome. But he did however warn Britons they would go “to the back of the queue” for a trade deal with the US if they left the EU.

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There were 215 million single people in China at the

end of 2017, accounting for about 16 percent of the population, ac

cording to the National Bureau of Statistics. Marriage registrations have fallen every year

since 2014, while the divorce rate has risen for 16 consecutive years, according to the Ministry of Civil Affairs.

Dining, traveling and pursuing activities individually have also become increasingly popular with singles in China.

Tang Chuan, a researcher with Sinolink Securities, said that without family burdens, singles

seem to be less inclined to save money, and their willingness to spend offers great potential for boosting the economy.

Sinolink Securities conducted research on singles born from 1985 to 1995 and found that about 40 percent of those in first- an

d second-tier cities live from paycheck to paycheck, while in lower-tier cities, the proportion is as high as 76 percent.

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Samsung Fold looks not so perfect from the outside beca

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 high 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

quite seriously 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

oldable smartphones 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

arply, the 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.

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