Bank of Beijing planning venture with Dutch lenderCo Ltd said

Bank of Beijing Co Ltd said on Friday that it has got the necessary board approvals for the esta

blishment of a joint venture with Netherlands-based ING Bank NV, in which the latter will be the majority partner.

With a total investment of 3 billion yuan ($448 million), the forthcoming joint-venture bank, whic

h is still waiting for regulatory approval, may become China’s first commercial lender in which a for

eign shareholder has a controlling interest. According to the plan, ING Bank will hold a 51 percent stake, and Bank of Beijing 49 percent.

Drawing on the experience of ING Bank in the successful development of direct ba

nking services, the joint venture will build a brand in the area of digital banking with the help of financial tec

hnologies and try to become a benchmark in terms of the implementation of China’s push to further open

up its financial sector to foreign investors, said the mid-tier commercial lender BOB in an announcement.

Different from the traditional counter-based model, the direct banking model uses e-cha

nnels to provide financial products and therefore has no restriction of time, regions or geographic branches.

www.qianhuanet.com

We were crying when we heard the news. That’s why we

got on the first flight,” said Gulshad Ali from Auckland, New Zeal

and. “We just came here to support the family and friends and people who’ve been affected.”

Ali said she didn’t know the Mustafas but extended her sympathies to them.

Calls of Allahu Akbar could be heard in surrounding streets as guests were led through Islamic prayers.Mourners attend a fu

neral for victims of the twin mosque attacks at the Memorial Park cemetery in Christchurch on March 20, 2019.

Mourners then emerged from the tent, carrying open wooden bo

xes on their shoulders to the burial site where 50 graves have been dug.

Guests consider it a mark of respect to throw dirt on the graves of the dead to help send them to the next life.

sha419.com

No-deal Brexit happens next week and no one knows if the EU

is deep into its most crucial week since the last one.

On Thursday, Theresa May travels to Brussels to meet with the remaining 27 EU leaders, where she is expected to request an extension to Article 50, the legal

process by which Britain is leaving the EU. If the EU27 agree, as they probably will, Brexit will be delayed beyond the current deadline of March 29. Lea

ving aside the gravity of this epic failure of British Brexit policy, the key question is how long will the delay last?

There are two likely options. The first is a short delay, which Downing Street said on Wedne

sday it would request. This would give the UK government a little more time to get its Withdrawal Agr

eement through Parliament, perhaps sweetened with some changes to the accompanying political declaration.

Or, the EU could offer May a much longer extension, possibly lasting years, to give to the UK more breathing space in which to u

ntangle its Brexit mess. The EU says it would only grant a longer delay if there was a good reason for doing so.

shb419.com

But Bercow ruled that, according to parliamentary proc

  edure, the government could not repeatedly put a motion before lawmakers if it had been previously rejected in the same session.

  May’s deal suffered a second, crushing defeat last week when it was rejected by 149 votes.

  ”What the government cannot legitimately do is resubmit to the House the same pr

oposition — or substantially the same proposition — as that of last week, which was

rejected by 149 votes,” Bercow said in an unannounced statement on Monday.

  Third time lucky for Theresa May’s Brexit vote?

  Bercow said that, in his view, the first two motions on May’s Brexit deal were sufficiently different not to have broken parliamentary convention.

  The speaker did not set out what tests the government would have to meet if it was to succ

essfully submit its deal for a third vote, saying only it would have to be “fundamentally different.”

  In response, a Downing Street spokesperson said, “We note the speaker’s statement. This is a statement that requires proper consideration.”

www.nanj419sn.com

we present some of the most million cats spawn ‘purrfect’ eco

Cups, slides, beds, hotels, salons and medical care are creating a huge pet market worth multibillion yuan

A purr-fect world, and loads of money-that’s what cafe chain Starbucks sees at least in its newest merchandise item.

It is a custom-made 199 yuan ($29.66) porcelain cup for pet cats-there are 67 million of them in China!

The new product was necessitated by China’s growing pet economy, where sales of pet-related products and services reached 172.2 billion yuan in 2018.

Consulting firm Frost & Sullivan China said in a recent report that last year’s market size

was three times that of 2013, and forecast it would grow to 472.3 billion yuan by 2023.

The pet cat market segment, worth 60 billion yuan, is the second la

rgest after the pet dog segment (98.5 billion yuan). It is predicted to be the most vibrant one.

xi-dun.cn

The shooting at the mosque on Deans Avenue next to Hag

  Park, is near to Cathedral Square, where children were taking part in a global protest to raise awareness for climate change.

  ”If your child was attending the climate change protest in Cathedral Square and you want to check if they are in the Civic O

ffices, please call the Council Contact Centre on 03-941-8999,” Christchurch City Council said.

  Christchurch is a coastal city of around 400,000 residents. It is the third most populous

city in New Zealand behind Auckland and Wellington. It has an agricultural economy.

  In 2010 and 2011 the city suffered a series of devastating earthquakes, with the most destructi

ve at 6.3 magnitude, which killed nearly 200 people and destroyed thousands of buildings.

  Just 1% of New Zealand‘s population of almost 5 million are Muslim, according to government statistics, less than 50,000 people in 2013.

  Journalist Chris Lynch, a radio host on New Zealand station ZB Radio, told CNN that o

ne of the shootings had occurred at “the biggest mosque in all of Christchurch.”

  He described Christchurch as a “very peaceful city” that is still getting over the devastating 6.3 magnitude earthquake that hit in 2011.

njywsh.com

Wang stressed the need to uphold and strengthen unity

urging the CPPCC to carry out its dual responsibility of offering suggestions

and building consensus, and pool joint efforts to serve the central tasks of the Party and the state.

Focusing on key issues including securing a victory in build

ing a moderately prosperous society in all respects, political advisors have been eng

aged in in-depth consultations and actively offered proposals during the session, achieving important results, he noted.

This year marks the 70th anniversary of the founding of the People’s Republic of China as well as the CPPCC.

Hailing CPPCC’s achievements in participating in the founding and developing

of New China, exploring reforms, and realizing Chinese Dream, Wang said the political advisory body no

w enjoys a broader stage and shoulder a heavier responsibility as socialism with Chinese characteristics has entered a new era.

gzbbac.com

Courts plan mainly to review cases in which defendant

were convicted of contract fraud or making use of their positions to illegally take posses

sion of assets. They will also strictly distinguish misconduct from crimes, Jiang said on Tuesday during a group interview.

“Economic disputes should not be handled as cr

imes, and civil liabilities must not be treated as criminal liabilities,” Jiang said.

Zhou, the chief justice, also said in his report that the top court has been careful in approvi

ng death penalties. At present, all death sentences must be reviewed by the Supreme People’s Court before being carried out.

“We have looked into such cases very carefully to ensure that capital punishme

nt is only given to a very few people who committed extremely serious offenses,” he said.

shn419.com

What we still don’t know about the Ethiopian Airlines Flig

  Investigators are combing through debris at the site where Ethiopian Airlines Flight 302 crashed on Sunday, attem

pting to make sense of a disaster that claimed 157 lives and left thousands more in grief and shock.

  In the days since the crash, the personal stories of many of those on board have

come to light — highlighting the truly international nature of a tragedy that saw people of 35 different nationalities die.

  The focus on Boeing has also been intense. On Tuesday, the U

K joined several other countries in grounding the company’s newest, big-selling 737 MAX 8 jet o

ver safety concerns. The MAX 8 was also the model involved in October’s Lion Air crash, which killed all 189 people on board.

  But much more about Sunday’s crash remains unclear — including crucial questions over what caused the jet to go down.

wkvipweb.cn

Online album promoting traditional Chinese folk music released

  On Jan 24, an album, titled China Music House-Kung Hei Fat Choi, was released online as the result of the project.

  Six classic Chinese folk music pieces, including Bai Niao Chao Feng (Birds Paying Homage t

o the Phoenix), which features the traditional Chinese musical instrument, the suona, have been ada

pted and performed by Chinese musicians, including suona player Chen Baoli and erhu player Guo Gan.

  Meanwhile, Lu Zhongqiang, the founder of 13 Month Cu

ltural Communication, says that besides Chinese musicians, more than 30 mus

icians from about 10 countries, including Poland, France and Cuba, have worked on the album.

  In the past 10 days, the album has been listened to nearly 10 million times.

  According to Fan Guobin, the general manager of China Record Grou

p, the project will expand into outdoor music festivals and concerts in 2019.

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