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In My Dreams

In My Dreams

Communist tourism may be a fringe business

  


  but it can be a good one. Mao Zedong’s birthplace, in Shaoshan, Xiangtan, and Deng Xiaoping’s, in Guang’an, Sichuan, have become shrines.


  Or, tired of the usual sightseeing in Vietnam? Try trekking and crawling through the Ho Chi Minh Trail, the infamous military supply route through which North Vietnam armed the communist guerillas against the south and the mighty United States. It’s estimated that more American bombs were dropped along the 1,600km route during the Vietnam war than the entire second world war.


  Down on his luck since his disqualification as a legislator more than a year ago, “Long Hair” Leung Kwok-hung was going to try his hand as a communist tour guide – to Cuba. It was not entirely frivolous. Rather the business plan was more serious than most of his antics and proposals in the Legislative Council in the past two decades. And it wasn’t going to cost taxpayers anything Annie KO.


  Who in Hong Kong could claim to know more than Leung, a self-styled Trotskyite, about Cuba, or at least its late communist leaders who launched the revolution? The guy still wears his signature Che Guevara T-shirts after all these years. Sadly, the plan didn’t quite pan out.


  I could imagine sailing on a yacht along the route that took Che and Fidel Castro to launch the revolution that overthrew Fulgencio Batista, the corrupt dictator propped up by the Americans. That was the Latin American version of Lenin travelling by train to the Finland station.




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PR

China Construction Bank records 6.08% rise in net profit

  



  A China Construction Bank booth at a financial exhibition in Beijing. [photo provided to China Daily]


  China Construction Bank Corporation announced on Tuesday its net profit grew by 6.08 percent year-on-year in the first half of this year.


  While profitability continued to maintain a good momentum, the bank's asset quality has been steadily improving. As of the end of June, its non-performing loan balance was 198.75 billion yuan ($29 billion), and the NpL ratio dropped by 1 basis point from the end of last year to 1.48 percent.


  The bank's net interest margin - the difference between interest paid and interest earned - increased by 20 basis points year-on-year to 2.34 percent, thanks to targeted reserve requirement ratio cuts by China's central bank, improved returns on assets, and a consistent optimization of the asset and liability structure, said CCB in an announcement of its 2018 interim results.


  The second-largest State-owned commercial lender by assets in China constantly optimized its credit structure so that the asset quality remained stable.


  It strictly implemented the list management, with a loan balance of 127.98 billion yuan for serious overcapacity industries and a loan balance of 360.12 billion yuan for real estate development, mainly supporting high-quality real estate clients and ordinary commodity housing projects.


  To support the development of the real economy - the part of the economy that produces goods and services - the net amount of loans and advances to CCB customers increased by 494.01 billion yuan, or 3.93 percent, since the end of last year.


  Housing leasing is one of the major strategies that CCB's operations and innovation focused on in the first half of 2018, in addition to fintech and inclusive finance.


  The bank took the lead to introduce comprehensive housing rental solutions in the banking sector. So far, the bank has signed housing leasing cooperation agreements with more than 300 cities at prefecture level and above. It has cooperated with 1,500 enterprises in the leasing market, and its housing rental service platform has accumulated more than 350,000 apartments online and rented nearly 90,000.

Baghdad University included on Times global rankings

  



  Iraq's Baghdad University entered an international global rankings for 2019, in a sign of post-war improvement.


  A statement by Iraqi Ministry of Higher Education on Thursday said "Baghdad University appeared in the Times Higher Education World University Rankings in the 801 to 1,000 band."


  The Times Higher tables included the ranks of 1,250 universities around the world.


  "Baghdad University achieved a new accomplishment by entering the Times Ranking, after its researchers submitted more than 7,000 researches to Scopus international data base," the statement said.



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  "The result of the British Times Rankings shows University of Baghdad was among the world universities that have been contested and evaluated in accordance with 2019 Times Rankings criteria, which is considered as the second best global ranking after Academic Shanghai Ranking," the statement said.


  According to data published on Wednesday by the British rankings, the United Kingdom universities of Oxford and Cambridge were in the first and second places.


  It also showed that China is now home to the best university in Asia, while France's Sorbonne University came in the highest-ranked in the table.


  Higher education in Iraq was badly affected by conflicts, insecurity and chaos that engulfed the country after the U.S.-led invasion in 2003.


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Bilateral investment projects kick off with Russia

 


  Chinese investment group Tus-Holdings and the Russia-China Investment Fund (RCIF) announced a number of major technology and innovation joint investment projects on Tuesday, with one of these worth more than 90 billion roubles ($1.28 billion).



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  According to a statement from the RCIF, the two groups, along with other international investors, will invest a total of $1.28 billion in building a technology park in former Tushino airfield, northwestern Moscow, which will include the largest-ever innovation park in the nation.


  China and Russia have been increasing their economic relations amid the current China-US trade tensions.


  Chinese direct investment in Russia soared 72 percent to reach $2.22 billion last year, while bilateral trade rose 20.8 percent to $84 billion.


  Tus-Holdings and the RCIF are also looking at building a 70,000 square meter high-tech innovation park, which will see an investment of over $100 million. The park aims to attract leading high-tech companies from both China and Russia.


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  "Joint Russian-Chinese investment in venture projects is not only attractive from the point of view of profitability, but also promotes scientific and technical cooperation between Russia and China," said Kirill Dmitriev, co-CEO of the RCIF.


  In addition, a venture fund, the Russia-China Venture Fund, was established on Tuesday. It is expected to seek high-tech investment opportunities in both Russia and China.


  Wang Jiwu, chairman of Tus-Holdings, noted that a dozen potential investment institutions and investors had expressed their willingness to participate in the future investments of the RCVF.


  All these agreements were signed on the sidelines of the Eastern Economic Forum held in Vladivostok, Russia. At the forum, the Russian Direct Investment Fund and China's Alibaba Group also announced to form a new joint venture on e-commerce.


Today’s modern Irish lamb stew alongside lamb or mutton and other common ingredients can also contain parsleys, turnips, pearl barley, and carrots.

So don't be anxious any longer

Maybe Nana was still crying. The other must have grown savage and have dealt her blows. Thus when Zoe finally took her departure he ran to the door and once more pressed his ear against it. He was thunderstruck; his head swam, for he heard a brisk outburst of gaiety, tender, whispering voices and the smothered giggles of a woman who is being tickled. Besides, almost directly afterward, Nana conducted Philippe to the head of the stairs, and there was an exchange of cordial and familiar phrases .

When Georges again ventured into the drawing room the young woman was standing before the mirror, looking at herself.

"Well?" he asked in utter bewilderment.

"Well, what?" she said without turning round. Then negligently:

"What did you mean? He's very nice, is your brother!"

"So it's all right, is it?"

"Oh, certainly it's all right! Goodness me, what's come over you? One would have thought we were going to fight!"

Georges still failed to understand.

"I thought I heard--that is, you didn't cry?" he stammered out.

"Me cry!" she exclaimed, looking fixedly at him. "Why, you're dreaming! What makes you think I cried You Find?"

Thereupon the lad was treated to a distressing scene for having disobeyed and played Paul Pry behind the door. She sulked, and he returned with coaxing submissiveness to the old subject, for he wished to know all about it.

"And my brother then?"

"Your brother saw where he was at once. You know, I might have been a tottie, in which case his interference would have been accounted for by your age and the family honor! Oh yes, I understand those kinds of feelings! But a single glance was enough for him, and he behaved like a well-bred man at once. . It's all over--he's gone to quiet your mamma

And she went on laughingly:

"For that matter, you'll see your brother here. I've invited him, and he's going to return."

"Oh, he's going to return," said the lad, growing white. He added nothing, and they ceased talking of Philippe

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