China and Vatican decided on Thursday to extend a provisional agreement on bishops appointment by two years. The renewal is hailed by insiders as a big step toward greater and deeper future ties.
Agreement on bishops appointment
Crawl like “snakes and turtles”
Nature walk 10-21-20 Tan Kwai Tsuen
0:07 Slender skimmer (Orthetrum sabina) 狭腹灰蜻
0:12 Spine-tufted skimmer, or brown-backed red marsh hawk ( Orthetrum chrysis )华丽灰蜻
0:17 Papilio memnon,美凤蝶 the great Mormon
0:29 Hypolimnas bolina, the great eggfly 幻蛺蝶
0.33 Neptis hylas, 琉球三线蝶 the common sailor
1:12 Common Mormon ( Papilio polytes ) 玉带凤蝶
1:16 Delias acalis,红腋班粉蝶 the redbreast Jezebel
A form of Electroacupuncture
China’s economy is the envy of the world
https://edition.cnn.com/2020/10/19/investing/premarket-stocks-trading/index.html
China’s economy expanded by 4.9% in the third quarter compared to the previous year, according to government data published Monday, showing the rest of the world what’s possible when Covid-19 is brought under control.The pace of growth was a tad slower than economists had expected. But there were plenty of signs of strength, with the services and construction sectors performing especially well.China’s economy has now recovered from its historically bad first quarter, when the coronavirus forced the country to shut down. GDP grew a cumulative 0.7% through the first nine months of 2020, the data show. The best is yet to come.
Tesla exports Made-in-China Model 3 to Europe
The Made-in-China model 3 vehicles are ready to leave the port in Shanghai next Tuesday to be exported to Germany, France, Italy and other European countries, although CEO Elon Musk said the company did not plan to export when building its Gigafactory in Shanghai.
In the near future, Tesla hopes the Made-in-China vehicles can benefit global consumers not only through China manufacturing but China design, research and development, Song Gang, manufacturing and operations head of Tesla’s Gigafactory in Shanghai said, according to media reports on Monday.
Auto analysts tied the reason for exports to robust capacity at the Shanghai factory, competitive costs of “Made-in-China” products, and the complete supply chain in the Chinese auto sector.
Tesla is not alone. BMW and Polestar are making electric vehicles (EVs) in China and selling them to Europe.
Shanghai “smart health houses”
China Targets U.S. Buyers with $6 Billion Dollar Debt Sale
China drew bumper demand for a dollar bond sale amid growing uncertainties over the U.S. elections and tensions with Washington.
The Ministry of Finance opened up its bond sale to a broad pool of U.S. investors for the first time, potentially diversifying its investor base and setting aside concerns of decoupling in credit markets.
The deal includes China’s debut issuance of 144A notes, as well as previously sold Regulation S senior bonds, allowing participation from a wider range of potential international investors compared to last year’s jumbo global offering of $6 billion dollar bonds and 4 billion euro notes ($4.7 billion).
China become the world’s largest box office for the first time
The total box office market in China reached 12.95 billion yuan ($1.93 billion) in 2020, a box office achievement that also allowed China to surpass North America’s $1.925 billion and become the world’s largest box office for the first time.
China has become world’s largest, fastest-growing IC market
China’s IC industry has seen an average compound annual growth rate of more than 20 percent. In 2019, the country’s IC industry reached a size of more than 700 billion yuan (103.1 billion US dollars), up by 15.8 percent year on year.
Currently, the country accounts for nearly 50 percent of the global market share, Yang noted, adding that foreign-invested enterprises contribute more than 30 percent of IC sales revenue on the Chinese mainland.
The semiconductor industry is a global industry, and no country is isolated from the entire industrial chain, said Keith D. Jackson, 2020 chair of the Washington-based Semiconductor Industry Association, at the event, adding that the Chinese government has abided by its commitments to opening up and stabilizing foreign trade and investment, which has bolstered the confidence of foreign enterprises.