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llover effects on the developing economies, particularly tho

with high export exposure to the impacted economies

. A more protracted period of weak international trade activity could also harm investment pr

ospects and adversely affect productivity growth in the medium term.”

The report indicated that the entire global economy is experiencing a broad-based growth slowdown amid unresolved tra

de tensions, high international policy uncertainty and softening business confidence.

The forecast for weaker global growth casts a shadow over efforts to im

plement the UN’s 2030 Agenda for Sustainable Development, which has set universal go

als for eliminating poverty, promoting prosperity and social well-being while protecting the environment.

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Quarterly earnings growth augurs well for A-share firms

Improved earnings of companies listed on mainland bourses during the first quarter of the year augur well for the full-ye

ar financial results and are an indication of the vitality the Chinese economy, analysts said.

During the January to March period, aggregate profits of A-share compan

ies topped 1 trillion yuan ($147.6 billion) and grew 9.4 percent year-on-year, reversing a fu

ll-year decline of 1.9 percent last year, data from Shanghai-based information provider Wind Info showed.

Meanwhile, aggregate return on equity (ROE)-a major gauge of

profitability-stood at 9.8 percent, intact from the whole-year of 2018.

“Given that the downtrend in economic growth had largely eased by the end of the first quarter, the aggregate ROE of A-shar

e companies has probably hit the bottom,” said Xu Gao, chief economist at Everbright Securities Asset Management Co Ltd.

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r kids’ footprints have been left on hundreds of desti

“Products that just scratch the surface, like simple tours of famous universities, have fallen out of favor with the market,” Zhang says.

Language training, NASA’s space camp, computer programming, homes

tays, wild animal care and desert and museum experiences are among the most popular options.

“Certain volunteering and public-welfare routes have seen a particularly fast increase in bookings,” Zhang says.

During the recent winter vacation in February, study-t

rip bookings surged by 80 percent compared with the same period of last year.

Domestic trips cost roughly 4,500 yuan ($663) per capita on ave

rage, while expenditures hit 21,000 yuan for outbound experiences, the agency reports.

Parents from Shanghai, Beijing and Guangdong province’s Guangz

hou and Shenzhen are the most willing to spend, according to Ctrip’s data.

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The industrial park sits on nearly 26 hectares of land in

Ballard County and has been set up to use the carp acquired by the fish center. Twelve tracts of land inside the park are for sale.

On opening day, eight tracts were already claimed, with most of the investors coming from China.

Jiang Chenguang, an internet businessman from the Guangxi

Zhuang autonomous region, launched the United Fisheries Group to process carp into fish balls

and fish cakes for export to China. Two Rivers Foods will process smoked fish, and has already shipped a smoker to the site.

A business called Lakeside City has been formed to process carp into salted fish, while

Eco Fish, which already existed, has hired fishermen to catch carp, process them and recycle waste into fertilizer.

Zhu Hongwei, a hotel and catering businessman from Jiangsu province, decided on the day the indus

trial park opened to buy one tract of land for food processing. “I will decide how to process the fish later,” Zhu said.

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Emperor Akihito abdicates, Japan embraces end of era

Japanese Emperor Akihito, in his final remarks as his three-decade reign drew to a close

on Tuesday, thanked the people for their support and expressed hope for a peaceful future.

Akihito, 85, was the first Japanese monarch enthroned unde

r a post-war Constitution that defines the role of the monarch as a merely a “symbol of the State.”

“To the people who accepted and supported me as a symbol, I express my heartfelt thanks,” Akihito, wearing a Western

-style morning coat, said at a brief abdication ceremony in the Imperial Palace’s Matsu no ma, or Hall of Pine.

“Together with the empress, I hope from my heart that the new Reiwa era that begins tomorrow will be peaceful and fru

itful, and pray for the peace and happiness of our country and the people of the world,” said a solemn Akihito, refer

ring to the new imperial era, standing flanked by Empress Michiko, who wore a long white and grey dress.

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fornia synagogue shooting suspect identified as

 The suspect of Saturday’s synagogue shooting in San Diego, C

alifornia, has been identified as 19-year-old John Earnest, authorities said.

The suspect has no prior contact with law enforcement, said San Diego Sheriff Bill Gore.

Authorities are aware of an online manifesto that Earnest wrote, and are looking

into digital evidence and checking the authenticity of the document, according to Gore.

“We are serving search warrants for the suspect’s home, car and the Ch

abad of Poway,” he said, adding that officials are checking Earnest’s possible involvement in the

arson and vandalism of mosque in Escondido, a city northeast of downtown San Diego.

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Industry insiders said that the rapid development of interne

 technology in China and people’s heavy use of online shopping, mobile payment and

banking services have allowed e-visa services to take root quickly in the country.

“Such services, which save the time and trouble of sending passports and paper documents back and fort

h, suit the young groups, who usually don’t plan for a trip far ahe

ad of time,” said Li Ailing, founder of lvyouquan.com, which provides tourism information to agencies.

 Objectivity and impartiality were emphasized in the latest draft revisions to the Jud

ges Law and the Procurators Law submitted to China’s top legislature for review on Saturday.

According to the drafts, judges should adjudicate based on facts an

d the law, guided by objectivity and impartiality. Procurators should do the same.

Procurators must strictly ensure that crimes are punished only

under the law, and protect human rights. They must prosec

ute criminals while protecting the innocent from criminal prosecution, the draft revisions say.

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In addition, the NHC also asked the health authoritie

ies of all levels to crack down on ophthalmic medical institutions without a legal lice

nse and strengthen inspection of ophthalmic products and medical instruments in the notice.

Legal experts called for China to protect juveniles through cybersecurity legislation a

nd redoubled efforts against school bullying after several cases aroused public outrage and concern.

Fang Yan, a lawyer from Shaanxi province, said that it’s good to see the nation adding to the protectio

n of juveniles in the past few years, “but in some new aspects, such as cyberspace, the protection is far from enough”.

At the end of 2018, China had 829 million netizens, of whom almost 20 percent w

ere under the age of 18, according to the China Internet Network Information Center.

Another report released by the center in March said that 15.6 percent of juven

iles had experienced disturbances, insults or privacy leaks online, while 30.3 percent said

they had been exposed to pornography, gambling or drugs in cyberspace.

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Xuan Changneng, deputy head of the State Administration of

 Foreign Exchange, said, “China has ample room to maneuver and take measures toward deleveraging.”

That conclusion is based on the debt structure and interest rate level, he said.

“When we’re talking about deleveraging and maintaining stable growth, I think the focus for seve

ral years has been on quality growth, not just any growth,” he said.Chinese President Xi Jinping met wit

h New Zealand Prime Minister Jacinda Ardern Monday in Beijing. They agreed to continuously enrich the China-New

Zealand comprehensive strategic partnership based on the principles of mutual trust and mutual benefit.his year’s Government Work Report said th

at “major progress was made in boosting the coordinated development of the Beijing-Tianjin-Hebei region”. In the years since t

he central government put forward the Beijing-Tianjin-Hebei coordinated development plan, local authorities have taken a series of me

asures, including working on key issues such as top design, to help shift Beijing’s noncapital functions to nei

ghboring locations, integrating the region’s transport network and better strengthening environmental protection.

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He said China’s capital controls will continue to be a f

factor in Chinese outbound investments in 2018. “If you are a company where real estate and property development is your ma

in line of business I think you will have a better chance of getting your foreign investment approved,” he said.

Despite the decline in Chinese investment, the US commercial real estate markets weathered the loss of capi

tal well. Because New York and San Francisco receive two-thirds of every Chinese investment dollar according to the

report, the effect of the falloff was limited, according to Barry Hersh, a real estate professor at New York University.

Overall, China fell to third in total foreign investment in American real estate behind Cana

da and Singapore, according to the report. Bitner said other sources of capital stepped in to fill the void. “Capital fro

m Canada, Singapore, Japan and South Korea is coming into the US market,” he said.

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