As for China, the significant deviation in the US’ stanc

es and objectives in the trade talks should be a warning for it to more strictly stick to its principles. And t

he fact that the US wants to challenge the laws of economics should not be reason for China to try to do the same.

Australian Prime Minister Scott Morrison said his go

vernment had delivered a miracle result in Saturday’s election where it

unexpectedly looks set to retain office, saying the victory was for the “quiet Australians” who supported him.

“I have always believed in miracles!” Morrison told an e

xuberant room of Liberal Party supporters around midnight.

The coalition government is in position to remain in power with mor

e than half the votes counted on Saturday, though it is uncl

ear whether it can govern with an outright majority and final results may not be known this weekend.

shlfas.com

Luckin, a Starbucks rival in China, rises in US stock debut

Shares of Luckin Coffee, a fast-growing rival to Starbucks in China, rose 20 percent in their US stock market debut Friday.

The Chinese company, which opened its first store in Beijing less than two years ago, has

2,370 locations and plans to surpass the 3,700 stores Starbucks has in China by the end of the year.

But unlike Starbucks, Luckin is losing money.

It brought in $125 million in revenue last year, but spent much more th

an that on coffee beans, store rent and other costs. Last year, it lost $475 million.

Most of Luckin’s stores are small, have few seats and are used mainly as a place to pick up mobile orders.

It also offers delivery in 30 minutes and promises a refund for delays or spilled drinks.

shlfcm.com

This facial recognition app tells one panda from another

Having trouble discerning one furry panda from another? A facial recognition app will make it easy for you.

The app is developed by the China Conservation and Research Center for Giant Pandas

along with researchers in Singapore Nanyang Technological university and Sichuan Normal University.

The image analysis research kicked off in 2017. A database now contains about 120,000 images and 10,000 video clips of giant pandas.

Close to 10,000 panda pictures have been analyzed, marked and annotated.

Using the database, researchers are able to carry out automa

tic facial recognition on panda faces to tell one animal from another, the center said.

sh419ll.com

Also on Friday, shortly after the US said it would ban Hu

awei from buying US technology without special approval, Huawei’s chipmaking arm, HiSilicon, said it has long been prepar

ed for the “extreme scenario” of the US blocking access to some components and technologies.

“We have been developing backup products for years in anticipa

tion. … Such efforts can ensure the strategic safety of most of the company’s products and

a continuous supply of most products,” said HiSilicon President He Tingbo in an internal letter.

Foreign Ministry spokesman Lu Kang said at a news conference on F

riday that the development and utilization of 5G depends on global cooperation, and int

erference by the US undermines the principle of fair competition and shows a lack of respect for other countries.

njlfb.com

The US administration’s more often than not conflicti

conflicting goals have resulted in the trade conflicts with China an

d other countries. For instance, China’s exports to the US grew 11.3 percent

and its trade surplus with the US increased to $323 billion in 2018, up 17.3 percent year-on-year.

Moreover, Washington has forbidden US companies to sell chips to ZTE, a Chinese multinational telecommunications equip

ment and systems company, even after imposing huge fines on the company. By so doing, the US has act

ually encouraged China to increase investment in its high-tech sector. So, even if China and the US

were to strike a deal, China would be prompted to import lower volumes of energy and agricultural products from the US.

shlfas.com

Luckin, a Starbucks rival in China, rises in US stock debut

Shares of Luckin Coffee, a fast-growing rival to Starbucks in China, rose 20 percent in their US stock market debut Friday.

The Chinese company, which opened its first store in Beijing less than two years ago, has 2,370

locations and plans to surpass the 3,700 stores Starbucks has in China by the end of the year.

But unlike Starbucks, Luckin is losing money.

It brought in $125 million in revenue last year, but spent much more than

that on coffee beans, store rent and other costs. Last year, it lost $475 million.

Most of Luckin’s stores are small, have few seats and are used mainly as a place to pick up mobile orders.

It also offers delivery in 30 minutes and promises a refund for delays or spilled drinks.

sh419ll.com

Zheng, competing in her fifth world championships

 said on hearing the British national anthem playing, she felt too weak to stand on the podium.

“I felt very guilty for not winning the gold for my coach, my teammates and my country. We have

been working so hard for this world championships. It is the biggest event before the Tokyo Olympic Games.”

“Many fans came up to console me and some of them are British. I know most people know what is fair play,” Zheng said.

Having trouble discerning one furry panda from another? A facial recognition app will make it easy for you.

The app is developed by the China Conservation and Research Center for Giant Pan

das along with researchers in Singapore Nanyang Technological university and Sichuan Normal University.

The image analysis research kicked off in 2017. A database now contains about 120,000 images and 10,000 video clips of giant pandas.

sh419cz.com

Moreover, the guideline stressed the significance of impr

oving internet access in rural areas in poverty alleviation and called for enhanced inform

ation sharing to promote urban-rural integrated development.The Port of Dunkerque in Fra

nce would seize the opportunities presented by China’s Belt and Road Initiative to boost trade between the two nati

ons, authorities said on the Seventh Dunkerque Port Night on May 16 in Shanghai.

Held by the Dunkerque Port Authority of France at the St Regis Jingan in Shangha

i, about 400 delegates attended the event to discuss the port’s performance in 2018 and its future development.

Officials said during the event that bilateral trade volume bet

ween China and France grew 15.5 percent year-on-year to reach $62.9 billio

n (434.5 billion yuan) in 2018, the highest level in the history, and believed that trade exchanges between the two countries wo

uld become more frequent under the Belt and Road Initiative and with the support of the port.

www.sh419co.com

it has long been prepared for the “extreme scenario” of the US blo

access to some components and technologies.

“We have been developing backup products for years in anticipat

ion. … Such efforts can ensure the strategic safety of most of the company’s products an

d a continuous supply of most products,” said HiSilicon President He Tingbo in an internal letter.

Foreign Ministry spokesman Lu Kang said at a news conferen

ce on Friday that the development and utilization of 5G depends on global cooperation, and inte

rference by the US undermines the principle of fair competition and shows a lack of respect for other countries.

HiSilicon, which was founded in 2004, has designed chipsets like Ki

rin, which has been used in Huawei’s high-end smartphones. In addition to server chips, th

e company has also developed chips for base stations, basebands and chipsets powered by artificial intelligence.

www.sh419bb.com

Having read out Xi’s letter at the opening ceremony, Li H

ongzhong, secretary of the Tianjin Municipal Committee of the Communist

Party of China, said Tianjin would embrace a new era of intelligence, create a new intelligen

ce-based economy, step up AI cooperation with other countries and speed up the building of an “intelligent Tianjin”.

Li said the city will intensify efforts to boost AI applications in fields of urban management, public services, transportation and logistics, healthcare and security.

Minister of Science and Technology Wang Zhigang said China

is drafting regulations and standards for regulating AI and will publish them soon.

Wang said more effort is needed to make breakthroughs in basic AI theories and core techn

ologies, expand the application fields of AI and further propel the deep integration of AI with various industries as p

art of a broader push to support the development of the real economy and improve people’s livelihoods.

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