In the 1950s, the Amer 上海千花网try was seen as the

e prototype of how business should be run. Car company executives were seen as the most capable manage

 上海千花网品茶微信rs. In 1953, president Eisenhower chose Charles Wilson, known as “engine Charlie,” to be his Secretary of Defense.

Then, in 1961, president Kennedy chose Ford president Robert McNamara for the same position. (Of course, McNamara’s incredible mismanagement of the war in Vietnam reduced any confidence that car company executives were especially competent.)

By the late 1960s, the “big three “car companies in the US – General Motors, Ford, and Chrysler – formed a virtual oligopoly and turned lazy. 上海千花网

I remember American cars my father bought in these years often overheating and breaking down by the side of the road. Dad would have to stay by the car with my m

other and sisters while I walked a long way to find a service station and arrange a tow. (This was long before mobile phones.) 上海千花网品茶微信

So, American consumers were ready for more competitive Japanese-made cars, which had consistently high

er quality, to enter the market. My father switched to Japanese cars in the 1970s, and never bought another American-made car. 上海千花网

American car companies saw their profits fall and were not able to pay their workers t

he very high wages made possible by a closed, non-competitive market. The US government responded by

 上海千花网品茶微信imposing quotas on the import of Japanese cars and by pushing Japan to rapidly raise the value of the yen.

Obviously, there was a conflict. American consumers benefitted from the cheaper, better cars while workers at the big three saw their jobs become less secure and the

ir wages fall. Fortunately, the protection was only partial and temporary, so the competition eventually forced US carmakers to improve.

Competition is at the heart of the current disputes over globalization and technology. On net, the spread of econo 上海千花网品茶微信

mic opportunities around the world has been a great boon. Many products are more widely and cheaply available than ever before.

Many countries, including China and India, have greatly reduced poverty and given opportunities to their people that would have been undreamed of by earlier ge 上海千花网

nerations. American and Western European companies and consumers have greatly benefitted.

But nobody really likes competition against themselves. Most people like some degree of stability and protection. A worker w

ho has put in 20 or 30 years in an industry will definitely feel that it is unfair to have to move to a much lower-pa

ying service job. A company facing new competitors will try to convince its home government to stop the competition.

Americans saw many benefits from the second globalization period. As Japanese and, later Chinese, manufacturers began to export t

o the US, many consumer goods became a lot cheaper in US stores. Many American companies made good profits by exporting t

o the newly open markets or by outsourcing manufacturing to cheaper and/or better factories outside the US.

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Minister General Wei Fenghe speaks at the Shangri-La Dialo

The People’s Liberation Army will adamantly support regional and world peace, but will not be

“bullied or preyed upon” by foreign powers into giving up national sovereignty and legitimate int

erests, State Councilor and Defense Minister General Wei Fenghe said on Sunday in Singapore.

Experts said Wei’s speech at the Shangri-La Dialogue, a key defense summ

it, marked a milestone in Chinese military diplomacy as Wei showcased the PLA’s confide

nce, positions on key issues and its sincerity and willingness to exchange and cooperate with other countries.

It is the first time in eight years that a Chinese defense minister has participated in the event.

Building a community with a shared future for mankind is the right path forward an

d the trend of the times amid growing uncertainty and instability around the world, he said.

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So by holding lectures, conducting dialogues and screen

ning movies related to the countryside and contributed by guest authors, the region’s local literary legacy can both be re-examined and extended.

Many modern and contemporary works of Chinese literature touch on common rural issues – childhood upbringing, family inheritance and people’s exp

erience of being stuck on the bottom rung of society – that have been rooted in Chinese farming culture for thousands of years.

China’s urbanization has been rapidly progressing to the extent that rural life has become

something unfamiliar to the majority of the population, which is very different from what it was like just three de

cades ago, according to Ge Fei, author and a Chinese literature professor at Tsinghua University in Beijing.

He was rst day of the festival, interpreting what it means to us when rural societies fade away.

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n hindsight, their 73-day-long border standoff in the sum

ummer of 2017 is now seen as a watershed which made b

oth sides ever more pragmatic in building their partnership. This explains why, during his fir

st term as India’s prime minister, Modi visited China five times while Xi Jinping visited India twice. The two lea

ders also met at many multilateral meetings, several of which saw them showcasing joint statesmanship.

Since his Shangri-La Dialogue speech in June last year, Modi has propagated engaging China in Indo-Pacific disco

urses as well as ensured that the “Quad” (the grouping of the US, Japan, Australia and India) does not become a mili

tarized or “exclusive” club of a few. Breaking out of the myopic preoccupation of seeking parity with Ch

ina in the limited bandwidth of their expanding economic prowess-where China is five times taller th

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Britain took part in the European Parliament elections b

because it had delayed the date of its exit from the EU, but its MEPs will leave the parliament when Brexit happens.

In total, Britain will elect 73 MEPs (Members of the European Parliament) to the 751-seat parliament

. They will not contribute directly to British policymaking on domestic issues like Brexit, but will have a say in EU-wide policy.

Farage casts Britain’s political system as broken and says parliament a

nd the government are trying to thwart Brexit. He wants the United Kingdom to leave th

e EU as soon as possible and says the damage of a no-deal departure has been blown out of proportion.

Farage, who as UKIP leader persuaded May’s predecessor, David Came

ron, to call the Brexit referendum and then helped lead the campaign to leave the EU, h

as said that failure to implement Brexit would show Britain not to be a democracy.

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In the men’s singles, the 3rd-ranked Shi Yuqi concede

d the first game 15-21 but found his rhythm and controlled the match to take the last two gam

es 21-5 and 21-11, stunning the world’s No 1 Kento Momota to seal the victory for China.

Earlier, China who has competed in every edition of the biennial tournament, has recorded two Cu

p-winning streaks of four (1995-2001) and six (2005-2015) titles during the 30-year history of the Su

dirman Cup, including the 2015 final which China also defeated Japan 3-0.Strong winds and heavy rainfall hit Bei

jing Sunday morning, causing over 100 flights to be canceled and delays for dozens of trains.

The capital’s meteorological bureau on Saturday af

ternoon issued a yellow alert for lightning expected in the city from 2 am S

unday until 2 pm in the afternoon. It also warned that some areas might face gusts of wind gusts and hail.

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The number of unicorns in a given city is often consid

ered a barometer of innovation and entrepreneurship.

The majority of China’s unicorns are based in Beijing, Shanghai, Hangzhou and Shenzhe

n, with a combined number of 156, 19 more than the previous year and accounting for 77.2 percent of the total.

Nanjing, Guangzhou, Wuhan and Qingdao are new gathering places for unicorns, the report said.

Driven by global capital, China’s unicorns have accelerated the pa

ce at which they go public, with unicorns now taking an average of 71 months to IPO.

From January 2017 to May 2019, 36 unicorns were listed on the global stock market, with eight in 2017 and 21 in 2018.

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According to the latest plan, the new line will extend north

ward underground to Lize Financial Business Area, which is about 3.5 km from Caoqiao Statio

n, so passengers can transfer to Line 14 and Line 16, which are under construction, and Line 11, which is planned.

Masood Khalid, Pakistani ambassador to China, said Chinese culture is a reflection of the cou

ntry’s long and rich history. “It is a civilization that has made an imprint on global culture,” he said.

The ambassador listed a variety of manifestations of Chinese culture, which include Chinese cuisine, dance, art, and costume.

“The way Chinese people attach importance to their family and their children, lookin

g after the elderly – all these practices and traditions have been inherited over time,” he said. “Then after har

d work, they come together with their families and friends.”

A city terminal will be established in the Lize Financial Business Area, p

roviding check-in and luggage check services. Passengers will enjoy more convenience with

the ability to check their luggage and get their boarding passes before they arrive at the new airport.

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China is an important stakeholder in Arctic affairs,” Wang

“The country has always adhered to international treaties, such as the Charter of the United Nations, the United Natio

ns Convention on the Law of the Sea, and the Spitsbergen Treaty, as well as other international laws and upheld the p

rinciple of respect, cooperation and common winning and sustainability when actively participating in Arctic affa

irs and contributing Chinese wisdom and power in the sustainable development of the Arctic region,” he said.

The annual Arctic Circle Forum, established in 2013 and initi

ated by Iceland’s then-president Olafur Ragnar Grimsson, is a platform to help the inter

national community care for, understand and protect the Arctic and discuss Arctic governance.

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As the world’s second-largest movie market with a grow

th rate of more than 9 percent three years in a row, the Chinese film market is extreme

ly open and inclusive with outstanding movies from around the world, fine works of Hollyw

ood in particular, being screened in China even before they are shown in other countries.

This shows China’s decision to open up its film market in the trough in 1995 was absolutely right. Since then the quota for Hollywo

od movies has been significantly raised from the initial 10 films a year. The opening up of the Chinese movie ma

rket proves that the more open and inclusive a film market is, the higher the number of good films it will generate o

wing to the active and beneficial exchanges with the world’s most advanced filmmaking countries.

The remarkable performance of about a dozen Chinese movies in recent

years makes it clear that well-made films that showcase Chinese culture and touch Chin

ese people’s hearts could not only become smash hits but also help spread Chinese culture. Which g

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