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The Chinese government announced late Thursday that it will loosen or
remove restrictions in various industries, including railways, shipping
and power grids. Some of the changes had been announced previously,
such as in the automobile and financial sectors. But one advocacy group
for US businesses in China described the latest measures as
"positive."To get more economy news,
you can visit shine news official website.
"Removing some investment barriers in the railway, shipping, and power
sectors ... shows that China is attempting to show it is indeed opening
up," said William Zarit, chairman of the American Chamber of Commerce in
Beijing has long been criticized for shutting companies from other
countries out of large swathes of its economy. Chinese leaders insist
they are committed to gradually opening the economy at a suitable pace.
Limited market access has been among the complaints leveled against
China by the Trump administration during the escalating trade clash
between the two countries.
But Beijing's latest moves shouldn't be read as a direct reaction to US
demands, analysts say.
"I think they would very much like it to be seen as China opening up to
the rest of the whole world rather than something that is done to
assuage the Trump team," said Louis Kuijs, head of Asia Economics at
research firm Oxford Economics.
China flagged earlier this year that it planned to trim its list of
industries where foreign investment is restricted by the end of June.
Despite the changes announced this week, which will take effect July 28,
Beijing will maintain tight restrictions on foreign involvement in
dozens of sectors, including the media, internet and agriculture.
Foreign companies also complain that they face a range of other
challenges operating in China, such as inconsistent application of
regulations and favoritism toward domestic companies. China's
announcement comes shortly after the Trump administration said it had
decided against imposing outright limits on Chinese investment in the
The White House signaled last month that it would adopt restrictions on
Chinese investment in "industrially significant technology" as part of
its response to alleged Chinese theft of American intellectual property.
But administration officials said on Wednesday that they will rely on
Congress to strengthen an existing government body that evaluates
individual corporate deals for national security risks.
The Chinese government has said it is closely monitoring the
developments in Washington and assessing the potential impact on Chinese
Zarit of the American Chamber of Commerce said China should take more
steps to open its economy.
Such moves would "help to defuse trade frictions with open market-based
economies that feel China continues to take advantage of their openness
while keeping its own markets relatively closed," he said.
In December 2017, the average price of new houses in China's 70 cities rose by 5.3% y-o-y. To get more china housing price,
you can visit shine news official website.
This was a sharp slowdown from December 2016's 12.4% y-o-y price growth,
based on figures from the National Bureau of Statistics of China.
Clearly, tighter government measures in late 2016 have dampened the
New home prices rose in 57 out of 70 cities. House prices in cities of
less-developed provinces actually had the biggest price gains, rather
than 1st tier cities, suggesting that the prime cities are cooling
first, followed by the provinces.
In December 2017, Beijing saw no price change in prices of first-hand
properties from the previous month, while Shanghai saw a meagre 0.2%
growth m-o-m. Guangzhou and Shenzhen saw price drops of 0.3% m-o-m and
0.2% m-o-m, respectively.
In contrast, Yunnan province's capital, Kunming, had a 2.6% m-o-m growth
in December 2017, followed by Haikou (2.2% m-o-m) in Hainan province,
Luzhou (2% m-o-m) in Sichuan province, and Dali (1.5% m-o-m) in Yunnan
province. In Shanghai, the second-hand house price index slightly fell
by 0.2% (-1.92% inflation-adjusted) during the year to November 2017,
after a 26.87% price increase y-o-y to November last year (24.02%
inflation-adjusted), based on figures from Ehomeday. In Beijing, prices
of new homes (including public housing) slightly dropped by 0.9% to CNY
37,800 (US$ 6,024) per sq. m.
during the year to December 2017,
according to the Beijing Municipal Commission of Housing and Urban-Rural
In Guangzhou, the average sales price of residential units fell by 3.6%
y-o-y in Q3 2017 to CNY 19,713 (US$ 3,079) per sq. m., according to the
figures from the Guangzhou Municipal Land Resources and Housing
However the average sales price of housing units in downtown areas rose
by 11% y-o-y to CNY 37,917 (US$ 5922), while suburban area housing also
went up by 9.7% y-o-y to an average of CNY 16,139 (US$ 2,520) per sq. m.
Foreigners who have worked or studied in China for at least a year
are allowed to buy a home.
Foreigners go through supervision procedures
which last about a week, before they are allowed to buy properties in
Foreigners cannot be landlords. Property ownership for investment by
foreign companies and individuals is prohibited. Chinese living overseas
and residents of Hong Kong and Macau are exempt from these
There is no private ownership of land in China. One can only obtain
rights to use land. A land lease of up to 70 years is usually granted
for residential purposes.
As befits one more year of strident political discussion dominating public consciousness, political books sold well in the print sector in the first half of 2018. Macmillan, in particular, has seen its books perform well, with Michael Wolff’s tell-all Fire and Fury: Inside the Trump White House (Henry Holt) settling in as the year’s bestseller to date and James Comey’s A Higher Loyalty: Truth, Lies, and Leadership (Flatiron) making the #3 spot. Even political parodies did well: Chronicle Books’s crashed children’s title Last Week Tonight with John Oliver Presents a Day in the Life of Marlon Bundo, written by Jill Twiss and illustrated by E.G. Keller, which details a fictional same-sex romance between U.S. Vice President Mike Pence’s pet rabbit and another rabbit named Wesley, came in at #6.To get more best selling books news, you can visit shine news official website.
Otherwise, children’s literature and other adult nonfiction books dominated the top 10. A cookbook, Joanna Gaines’s Magnolia Table: A Collection of Recipes for Gathering, was the #2 bestseller in the year so far, and nonfiction books by Jordan Peterson and Jen Sincero placed at #7 and #10, respectively. Children’s authors Madeleine L’Engle, Dav Pilkey, and Dr. Seuss all saw books in the top 10, too. The only adult fiction title to hit the list, at #9, was James Patterson’s collaboration with former president Bill Clinton, The President Is Missing. Even fiction, it seems, can’t escape the clutches of politics.
Fire and Fury was also the top-selling title in e-books, according to lists compiled by both Barnes & Noble and Apple/iBooks (PW has opted to change to the iBooks and BN.com e-book lists, from Amazon, since the online retailer’s list now skews heavily to titles released by Amazon publishing units and also includes sales made through the Kindle Unlimited program). Comey’s book placed #8 on the iBooks list, but did not appear in the top 10 at B&N. On both lists, as is typical with e-books, fiction titles were more prominent than nonfiction, compared to print lists, with A.J. Finn’s The Woman in the Window placing at #2 on both lists, while novels by David Baldacci, Lisa Wingate, Greer Hendricks and Sarah Pekkanen, and Kristin Hannah appeared on the top 10 of both e-book lists.
Virtual reality can help act as a do-it-yourself therapist, helping people overcome their fear of heights without a professional at their side, British researchers reported Wednesday.To get more Health News, you can visit shine news official website.
A half dozen virtual reality sessions over two weeks significantly reduced the fear of heights for more than two-thirds of people who tried it, the team at the University of Oxford reported. Some even ventured onto rope bridges and mountainsides.
“The outcome results are brilliant. They are better than I expected,” Daniel Freeman, the University of Oxford clinical psychologist who led the study team, told NBC News.
The team tested 100 volunteers, 49 of whom were given six virtual reality sessions over two weeks. The rest got no treatment.On average, the volunteers had been afraid of heights for 30 years, the team reported in the journal Lancet Psychiatry.
After six weeks, those who got no treatment remained just as afraid of heights as they had always been, as measured by a standard questionnaire. But 34 of the 49 volunteers who did the virtual reality found they were no longer afraid of heights.
Real-life exposure to heights has verified this, Freeman said.
“On average, fear of heights came down by two thirds. Three quarters of people showed at least a halving in their fear of heights,” Freeman said.
“Afterwards, people even found they could go to places that they wouldn’t have imagined possible, such as walk up a steep mountain, go with their children on a rope bridge, or simply use an escalator in a shopping center without fear.”The software can be whimsical, offering scenarios from walking across a virtual rope bridge to rescuing a cat from a limb. Freeman said the experiences are meant to strongly immerse people in a sensation of height and then encourage them to challenge their reluctance to take part.
The virtual therapist talks the patients through, using cognitive therapy techniques to alter their perception of the experience.
Freeman says his team is trying the approach to help a range of mental health conditions, including schizophrenia.VR has extraordinary potential to help people overcome mental health problems because it gets to the heart of successful treatment: making people feel better in everyday life,” he said in a written statement.
“In VR, people can repeatedly enter simulations of the everyday situations that trouble them and be guided in the very best ways to think, feel, and behave.”
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