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The bridge will greatly alleviate traffic burden on the First Beilun River Bridge three kilomet
ers away, which was previously the only means of shipping personnel and cargo to or from Dongxing Checkpoint.
Statistics from immigration authorities show that 12.19 million people and 47,056 vehicles passed over the old bridge in 2018, far beyond its maximum capacity.
The new bridge is now designated for freight vehicles, while the First Be
ilun River Bridge is reserved for personnel. This could save 30 minutes or more in custo
ms clearance time for each consignment, according to Huang Xiong, deputy chief of Dongxing Customs.
1.jpgIn early 2015, the Barack Obama administration tried desperately to block the United King
dom and several other European countries from joining the Asian Infrastructure Investment Bank by ac
cusing, without any basis, the then newly established bank of possible low environmental and governance standards.
The real reason, according to former US treasury secretary Larry Summers, was that the Obama adm
inistration could not secure any funding from the Republican-controlled Congress to join the AIIB. And to s
ave itself from embarrassment, the US administration tried to prevent European countries from joining the bank.
the Mediterranean that is also a EU member state, has indicated it, too, could join the BRI. The news channel quoted Maltes
e Finance Minister Edward Scicluna as saying that “certain prejudices” should not come in the way of good business.
I am not sure if Marquis, or his boss, US National Security Advisor John Bolton, plan to lecture, warn or th
reaten Malta as they have been doing to Italy these past days. But instead of indulging in such rea
ctionary activities, the US should abandon its Cold War mentality and stop looking for non-existent enemies.
More important, the US should also stop forcing other countries to ch
oose between China and the US, especially as many countries made it clear they do not wan
t to be lectured on what they should do when the Obama administration launched the “pivot to Asia strategy”.
The world needs more infrastructure-building projects such as the BRI, not mo
ves to sabotage such projects, as the US has been trying to do for quite some time now.
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.
A constant temperature of 27 degrees, a water bowl that never freezes, a comfy mat, and no dogs allowed.
Those are the amenities for felines in a neighborhood in Beijing’s Sh
unyi district, where stray cats can loll around contentedly all winter, nibbling food and sipp
ing water, safe from the weather and provided with love through an artificial intelligence platform. It is purrfection.
Wan Xi, an engineer at Baidu Brain－the open AI platform of Baidu－had the idea of build
ing a smart shelter for strays when he found a kitten huddled on his car tire in the winter of 2017.
Winter is rough for stray animals, as they require extra calories to stay warm. Only around 40 perc
ent of stray cats find enough food and shelter to make it through the harsh temperatures.
Although volunteers offer water, food and even heating pads to stray animals, Beijing’s freezin
g winters can turn a bowl of water into ice before a cat can drink. Many stray cats don’t live more than two ye
ars. Those that are not neutered or spayed face more health problems and spawn more homeless cats.