CHINA People's Daily Tonight: Podcast News (1/7/2019 Mon.)

CHINA

People's Daily Tonight: Podcast News (1/7/2019 Mon.)

People's Daily app

19:58, January 07, 2019

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This is People’s Daily Tonight, your news source from China.

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Trump says location for second US-DPRK summit under negotiation

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US President Donald Trump said negotiations are under way on the location for the second summit between the United States and the Democratic People's Republic of Korea.

Trump also said Washington and Pyongyang "have a very good dialogue", but adding sanctions on the DPRK remain in place.

Chinese Foreign Ministry spokesperson Lu Kang said China always believes that more positive interactions and productive dialogues between the US and the DPRK will contribute to the settlement of the Korean Peninsula nuclear issue, as well as peace and stability of the Korean Peninsula. (Xinhua)

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Chinese stocks surge on monetary easing, trade negotiations

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China's main stock indexes surged on Monday. At market close, Shenzhen Component Index surged 1.58 percent, while the Shanghai Composite Index added 0.72 percent.

The rise is buoyed by a decision by China’s central bank last week to cut the reserve requirment ratio to boost liquidity. The move could release a total of 1.5 trillion yuan ($218.4 billion) of liquidity into China’s banking system. 

In another upbeat news for equity markets, Chinese and US trade officials began a fresh round of negotiations in Beijing on Monday. (Global Times)

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China handles 50.5bln express delivery parcels in 2018

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China's express delivery sector handled 50.5 billion parcels in 2018.

That’s up 25.8 percent from the previous year.

Gross business revenue increased 21.2 percent to hit 601 billion yuan or 88 billion dollars in 2018.

The express delivery sector supported annual e-commerce sales of nearly 6.9 trillion yuan and cross-border e-commerce businesses of over 350 billion yuan, while creating more than 200,000 new jobs last year. (Xinhua)

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18 detained in Chinese health product company scandal

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Chinese police have detained 18 suspects involved in a health product company's scandal of pyramid selling and false advertising.

The suspects include the actual controller of QuanJian Nature Medicine Technology Development Company.

After the scandal was exposed, Tianjin authorities initiated a campaign to crack down on irregularities in the health product market, targeting misleading advertisements and illegal online sales. (Xinhua)

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Germany assesses scale of data theft targeting public figures: report

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Outraged politicians and other prominent public figures are pressuring German authorities to get to the bottom of a massive data breach, in which stolen personal data was published by an anonymous Twitter account.

Around 50 of the nearly 1,000 cases of leaked data are considered severe.

That means personal data, photos and correspondence were made public.

Former and current elected officials are among the 994 people affected by the data breach, with the vast majority of them hit solely with the publication of their contact data. (Xinhua)

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No break in shutdown talks as Trump stands by border demands 

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US President Donald Trump stood firm in his border wall funding demands Sunday as another round of shutdown talks failed to break an impasse.

A delegation led by Vice President Mike Pence continued the shutdown discussions with congressional staff on Sunday but made little progress. White House officials affirmed Trump’s funding request in a letter to Capitol Hill after that meeting. 

As returned from the presidential retreat in Maryland, Trump said he had told aides to say that they wanted a steel barrier, rather than the concrete wall he promised during the campaign. (AP) 

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Huawei unveils a new CPU chipset

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And Huawei unveiled its latest CPU on Monday to empower its products and networks.

It’s a move which will accelerate the achievement of self-sufficiency in the domestic chip-making sector.

The latest processor is based on the chipset with the industry's highest performance to meet diversified processing demand.

Huawei also said it will continue to work with global partners in the spirit of openness, collaboration, and shared success. (Global Times)

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And that’s People’s Daily Tonight.  Thanks for joining us.

(Produced by David Nye, Chen Lidan and Wang Xiangyu)

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