Through its app, customers can watch their coffee being

Luckin raised $561 million in its initial public offering Friday by selling 33 million American depositary shares at $17 apiece.

The ADS, which are trading on Nasdaq under the symbol “LK,” closed at $20.38 after rising as high as

$25.96 earlier in the day.Museums are not only there for enjoyment; they are education, and as such should be free.

While I can appreciate the enormous costs involved in maintai

ning and obtaining collections, let the wealthiest 1 percent of the country pay for it.

The Met in NYC is technically free; they ask you to give what you can afford. But the idea

of a person or child interested in art not being able to view it because of cost is morally wrong.

Free entrance does not attract people, nor does it encourage them to appreciate it

www.cn-yongan.com

Under current party rules, she cannot be challenged again

n for a year, but some on Brady’s committee had pushed for those rules to be change

d in order to try to force her out earlier if she refused to set out a clear departure date.

Boris Johnson, the face of the campaign for Britain to leave the Europea

n Union, said he would stand as a candidate to replace May as Conservative leader.

May’s Brexit deal has been rejected three times by parliament, and weeks of talks with the opposition Labour Party, the idea

of which was deeply unpopular with many Conservatives, have failed to find a consensus on the way forward.

A BBC reporter said on Thursday those talks were due to be

called off soon after the ruling Conservatives gave up on any hope of a resolution.

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Wang said the Sino-US trade talks have made important

and substantive progress thanks to efforts from both sides. Meanwhile the talks face some serious problems which need to be resolved.

The top diplomat said that as long as the negotiations meet the general direction of China’s reform an

d opening-up policy, adhere to China’s basic needs about high-quality development and serve the com

mon interests of the Chinese and US people, the negotiator teams from both sides could have the capability and w

isdom to settle their reasonable demands and eventually achieve a win-win agreement.

Wang said China insists on upholding national sovereignty, safeguarding the inter

ests of its people and defending national honor when negotiating with any country.

According to the General Administration of Customs, trade between

China and the US in the first four months stood at 1.1 trillion yuan ($160 billion).

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Xi stressed the importance of fulfilling bilateral and

 multilateral trade agreements, saying that Chinese people value a promise as much as tons of gold.

China pays close attention to building a law-based government, abolishing improper r

ules, subsidies and activities that undermine fair competition and treating all enterprises equally, Xi said.

The president highlighted building infrastructure of high quality, sustain

ability, risk resilience, reasonable pricing, inclusiveness and accessibility under the Belt and Road Initiative.

Infrastructure is a bottleneck in the development of many nations

, Xi said, and building infrastructure can help countries give full play to their ad

vantages in resources and better integrate into the global supply, industry and value chains.

Xi called on countries to uphold multilateralism, promote green devel

opment and fight corruption with zero tolerance in the process of building the Belt and Road.

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nitiative proves worth as welcome public good: China Da

Convening nearly 40 foreign leaders and representatives from more than 150 countries, th

e Second Belt and Road Forum for International Cooperation, which opens in Beijing on Thursday, testifi

es to a growing aspiration for collaboration amid rising unilateralism and protectionism.

The conspicuous increase in the size of foreign participation com

pared with the inaugural forum two years ago corrobo

rates United Nations Secretary-General António Guterres’ earlier comment that the Belt and Road Initia

tive, like the UN Millennium Development Goals, is a public good for the entire world.

Since President Xi Jinping proposed the Silk Road Economic Belt and 21st Century Maritime Silk Road in 2013, some pe

ople have tried to persistently frame them as geopolitical tools. While such a label and subsequent fearmong

ering have stirred up worries in the ill-informed, they can’t hoodwink those with insight.

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ina moor at a port in Zhanjiang during the ASEAN-China Ma

China’s first aircraft carrier, the Liaoning, and latest nuclear submarines, destroyers and fighter jets will join the parade, Qiu said.

“Some vessels will make their debut for the first time,” Qiu added.

Altogether 32 Chinese vessels and 39 warplanes will take part in the event, according to Qiu.

The vessels will sail in six groups, namely, those of submar

ines, destroyers, frigates, landing ships, auxiliary ships, and aircraft carrier.

The planes will fly in 10 echelons, showcasing aircraft for early warning, reconnaissance, anti-submarine patrol, as wel

l as bombers, fighters, carrier-based fighters, and carrier-based helicopters, Qiu said.

More than 60 countries will send delegations to join multinational naval even

ts marking the anniversary, and over 30 countries of them will send major navy leaders to participate, according to Qiu.

Nearly 20 foreign vessels of various capabilities, including destro

yers, frigates and landing ships, will join Chinese vessels in the naval parade, show

ing to the world the “firm determination to safeguard peace and seek development with joint efforts,” Qiu said.

Organizing multinational naval parades is a unique ceremonial activity of navies, according to Qiu.

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Lu made the remarks in response to recent media repo

 reports that India decided not to send a delegation to the second Belt and Road Forum for Internati

onal Cooperation later this month in Beijing. The reports said the initiative undermines the South Asia

n nation’s sovereignty via the BRI-related China-Pakistan Economic Corridor.

Lu said that, “If this decision about whether to participate in building the Belt and Road

was possibly made through a misunderstanding”, China firmly and sincerely advances the constr

uction of the Belt and Road on the basis of consultation and contribution for shared benefits.

He added that the initiative is open to all parties that are inter

ested in and willing to join in win-win cooperation.

It will not exclude any party, he said, adding that China is willin

g to wait if relevant parties need more time to consider their participation.

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Once completed, Tianqin will become an important

 tool to search for and detect black holes of all sizes and wavelengths in the n

ext two decades,” Wu Qingwen, a professor at the School of Physics of Huazhong Uni

versity of Science and Technology in Wuhan, Hubei province, said on Thursday.

On Wednesday, the Event Horizon Telescope, a global array of e

ight ground-based radio telescopes, revealed the first-ever image of a black hole.

Wu was one of the more than 200 astronomers worldwi

de involved in the EHT collaboration, which captured the first vi

sible representation of what are considered the most extreme objects in the universe.

International collaboration is vital for astronomical observations, Wu said.

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Bernard Dewit, chairman of the Belgian-Chinese Cham

ber of Commerce, said that industrial and trade relations between the EU and China will i

ncrease following the meeting, and that China has made great efforts to open its market to European companies.

“China’s new Foreign Investment Law, which has just been (approved), will greatly reassure European investors of the com

mitment of the Chinese government to further protect foreign investments in China,” he said.

Wang Yiwei, a professor of international relations at Renmin University of China, said in an article

published in the People’s Daily Overseas Edition on Wednesday that the Chinese and EU lead

ers’ strategic communication on important issues will help foster new areas for bilateral cooperation.

The concerted efforts made by the two sides to cope with the common challenges

and develop win-win cooperation will add stability to an increasingly uncertain world, he added.

Hu Yongqi contributed to this story.

trwater.com.cn

India’s richest man put his brother out of business. Now he’s

  India’s richest man just helped his cash-strapped younger brother avoid months in prison by paying off debts worth tens of millions of dollars.

  The gesture by Mukesh Ambani to bail out his brother, Anil, is the latest twist in a sibling saga that has gripped India’s t

elecommunications industry. A price war started by Mukesh in 2016 nearly put Anil out of business a year later.

  Last month, India’s top court ordered Anil Ambani and his company, Reliance Communications, to pay a 5.5 billion rupe

es ($80 million) debt to Swedish mobile firm Ericsson (ERIC) by Wednesday or face three months in jail.

  READ MORE ON INDIA

  Spotify just added a million new users in India

  WhatsApp is getting ready for the world’s biggest election

  This Indian hotel startup plans to be bigger than Marriott

  The future of the internet is Indian

  By Monday, the deadline was looming and the debt remained unpaid. Then Mukesh Ambani, who’s estimated to be worth more than $50 billion, stepped in.

  Reliance Communications said in a statement late Monday that it had made the paym

ent to Ericsson in full, with Anil Ambani thanking his brother and sister-in-law for their help.

chinaherb.cc