Xi, also general secretary of the CPC Central Committ

mittee and chairman of the Central Military Commission, laid a floral basket at a monument on Monday marking the departure of the Long March.

At a museum marking the start of the Long March, Xi spoke with nine representati

ves of descendants of Red Army soldiers and relatives of revolutionary martyrs.

The People’s Republic of China was founded at the cost of the blood of numerous revoluti

onary martyrs, Xi said, adding that the CPC and the Red Army, upholding lofty revolutionary id

eals, had brought about incredible achievements after repeatedly surviving desperate situations during the Long March.

Xi called for staying true to the revolutionary martyrs, the P

arty’s original aspiration and mission, its revolutionary ideals and principles, and the

people living near revolutionary sites. Xi’s inspection tour took place a week after the Political Bureau of the CPC

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hina’s ‘big three’ State-run airlines ask Boeing for compen

Air China, the country’s leading carrier, has formally requested compensation from Boeing Co for th

e grounding of its 15 737 MAX aircraft and delayed deliveries of future planes, the company said Wednesday.

China Southern Airlines, another of China’s “big three” State-run

carriers, has also officially asked the US aircraft-maker for compensation involving its 24 gro

unded MAX aircraft and postponed deliveries of such planes, CCTV reported the same day.

Shanghai-based China Eastern Airlines had already sought compensa

tion from Boeing for incurring considerable losses after the grounding of the 737 MAX aircr

aft following two major crashes, according to a previous China Daily report citing People’s Daily.

The carrier filed a claim against Boeing for the losses caused by 14 suspensions of 737 MAX ai

rcraft since March 11 and delayed delivery of the models it had booked earlier, the report said.

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Ministry: Foreign firms won’t disregard own interests

Enterprises in any country will not disregard their own interests and blindly follow other cou

ntries’ “political command”, Foreign Ministry spokesman Lu Kang said on Thursday, after comp

anies confirmed cooperation with Chinese telecommunications equipment maker Huawei will continue.

Panasonic made a “solemn statement” on Thursday that it is supplying Huawei normally, rebukin

g reports that it will cut parts of the component supply. British Telecom, parent group of telecom oper

ator EE, said on Wednesday Huawei will continue to supply their 5G radio network infrastructure, Xinhua reported.

China hopes that the US can take a serious attitude about going back to the negotiating table and ensure that negotiations are meaningful, said Lu.

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Air China Ltd, China Southern Airlines Co and China Eastern Airl

Airlines Corp are in preliminary talks to seek compensation from Boe

ing for the disruption from the 737 MAX stoppages. At present, the report has not yet been verified.

According to a China Eastern representative previously quoted by The Paper, the issue has h

ad a limited and controllable effect on the company, and it has had more of an impact on the whole indu

stry.Wang Yuan, a popular youth icon, expressed regret and determination to behave himself on his social media acc

ount after getting a warning from health authorities for smoking indoors on Tuesday.

Photos revealed Wang, 18, was smoking at a Beijing restaurant on Monday night. It is forb

idden to smoke indoors according to municipal regulations on tobacco control.

Wang carries wide influence as a youth icon, and his violation of regulations has triggered heated discussion online.

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More comprehensive and well-targeted policy respon

ses are needed to tackle the current growth slowdown,” Elliot Harris, UN chief economist and assi

stant secretary-general for economic development, said Tuesday at a news conference. “It is increasingly clear that policies to pro

mote sustainable development will need to look beyond GDP growth and identify new and more robust measures of

economic performance that appropriately reflect the costs of inequality, insecurity and climate change.”

In response to slowing growth and subdued inflation, major central banks have eased their monetary policy stances. The recent mo

netary policy shifts have helped to stabilize global financial markets and capital flows to emerging economies.

However, the report cautions that a more protracted period of monetary accommodation could exacerbate fina

ncial imbalances, including further fueling debt accumulation and raising medium-term risks to financial stability.

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it its lowest level since November. Trade talks betw

ween China and the United States recently faltered and a large amount of additional tariffs are expected to be imposed on imports from both sides.

China will take necessary measures, in response to foreign exchange market flu

ctuations, including using a strengthened risk management system, said Pan.

He also stressed that authorities would crack down on illegal activities in foreign exchange trading.

“China has sufficient policy tools,” said Pan, who is also director of th

e State Administration of Foreign Exchange, the country’s foreign exchange regulator.

The PBOC vice-governor also confirmed on Sunday that China will continually implement

opening-up policies and improve the environment for overseas investors and protect the legal rights of foreign investors.

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The number of captive pandas was 548 globally as of No

All outdoor activities are banned on Monday at all middle and

primary schools, kindergartens and middle voc

ational schools in Beijing, Beijing Municipal Education Commission said via Sina Weibo on Monday.

The move was taken after at least four people died in strong winds a day earlier.

Such activities include flag-raising ceremony, morning exercises and outdoor social practices.

At least four people were killed, more than 50 flights were diverted to other airports and two trains arrived late in Beij

ing on Sunday when strong gales flattened walls, knocked down trees and damaged farms.

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winners will represent them at the European Parliam

ament for the next five years. Each country gets certain seats based on proportional representation and chooses lawmakers based on its own rules.

Tian Dewen, a researcher in European Studies at the Chines

e Academy of Social Sciences, said that the coming elections are important barometers that reflect Eur

opean people’s attitudes toward their own governments as well as EU integration.

He is certain that nationalist and far-right parties will gain ground, but it is still possible that the mainstream groups, which a

re mainly politically center-left and center-right, will be able to effectively control the parliament. “If the current rul

ing parties lose many seats in the election, it indicates that they will face similar difficult situations in the followin

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A hearing on the proposed tariffs on Chinese imports will

 take place on June 17, according to the Office of the US Trade Representative.

Gary Hufbauer, a senior fellow and trade expert at the Peterson Institute for Internation

al Economics in Washington, said the FDRA letter will add to the pressure on Trump to reach a deal with China.

“It will not be totally ignored,” Hufbauer said.

Over the past few weeks, business groups have voiced their concern that the escalating tariffs on Chinese imports risked knocking consumers off their feet.

The Retail Industry Leaders Association, for example, said in a st

atement: “The administration’s decision to announce a tax on every product coming from China pu

ts America’s entire economy at risk. Americans’ entire shopping cart will get more expensive,” it said.

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website of the Footwear Distributors and Retailers r to an

Different from the first several batches of tariffs that focused more on industrial and agricultural products, the most rece

nt 25 percent tariffs on Chinese imports target mostly consumer products, including sneakers, clothing and furniture.

Trump has, on his Twitter account, asserted that “there is no reason for the U.S. Consumer to pay the Tariffs”.

The open letter, however, said “there should be no misunderstanding” that US consumers pay for tariffs on products that are imported.

“As an industry that faces a $3 billion duty bill every year, we can assure you that any incr

ease in the cost of importing shoes has a direct impact on the American footwear consumer,” it said.

It is an “unavoidable” fact that as prices go up at the border due to transportation costs, labor r

ate increases or additional duties, the consumer pays more for the product, the footwear trade and business association said.

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