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Sichuan-Tibet Railway to see high-speed trains at 200 kmh

he Sichuan-Tibet Railway, the second railway line linking the Tibet autonomous region to other parts of China, will opera

te high-speed trains with a designed running speed of 200 kilometers per hour, thecover.cn reported.

China Railway Eryuan Engineering Group Co Ltd, which is designing the line, revealed a draft plan on Wednesday that tra

ins on the whole Sichuan-Tibet line will travel with a designated speed of 200 km/h, with some segments limited to 160 km/h.

The 1,600-kilometer-long line under construction is designed to start from Chengdu, pass through Ya’an and Kan

gding, then enter Tibet via Qamdo and end at Lhasa. The 140-kilometer Chengdu-Ya’an high-speed railway, whic

h serves part of the Sichuan-Tibet Railway, started operation last year with a maximum speed of 200 km/h.

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Disaster-proofing the world’s largest infrastructure ini

nitiative is a challenge, but achievable,” she said, adding that at the heart of this challenge lies great potenti

al for innovation and creativity, such as new disaster risk prediction and analysis, and disaster-resilient infrastructures.

Huang Runqiu, vice-minister of the Ministry of Ecology and Environment, said dis

aster risk reduction of natural hazards along the initiative is crucial for its success and sustainability.

Regions at the heart of the initiative, such as the Tianshan-Pamir Platea

u, the Himalayas, eastern parts of the Qinghai-Tibet Plateau and South Asia, are facing serio

us disaster threats due to tectonic movements, fragile ecosystems and extreme weather, he said.

Henrik Slotte, a senior disaster management expert from the UN Environm

ent Program, said poorly managed infrastructure projects can damage the ecosystem.

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While early-stage Uber investors such as Benchmark, Men

 Ventures, First Round Capital and Lowercase Capital made a killing in the IPO, some late-stage backers did not fare as well.

Japan’s SoftBank Group Corp <9984.T >, for example, invested in Uber in early 2018 at $48.

77 per share. It also bought shares at a much lower price in a large secondary transaction.

To be sure, other IPOs have traded well so far in 2019, including online scrapbook company Pinterest Inc, vegan burger

maker Beyond Meat Inc and video-conferencing startup Zoom Video Communications Inc. But these were mu

ch smaller startups than Uber that did not execute as many frothy fundraising rounds.

Uber Chief Executive Dara Khosrowshahi, who was on the NYSE trading floor to mark the debut, tried to cal

m investors by pointing to the company’s growth prospects and expansion plans.

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Chinese firms ideal partners on Belt and Road Initiative

Firms from China and the UK are ideal partners in many countries along t

he Belt and Road Initiative, a China-Britain Business Council official said in Beijing.

“The UK has taken a very positive view on seizing these opportunit

ies for UK businesses, particularly our banks, our large consultancy firms and our infr

astructure companies,” said Jeff Astle, managing director of China operations at the council.

British expertise in areas of financial services, banking, legal services, consulting services around engineering pro

vides a broad range of opportunities for UK firms to collaborate with Chinese firms in other countries, Astle said.

“We benefit from many English legal jurisdictions in many

of these countries, the English language and our businesses have long history and experiences in these coun

tries. That means we are a great ideal partner for Chinese firms in many of these Belt and Road counties,” said Astle.

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tainers carrying goods for export are seen in Qingdao Port

hina aims to reduce logistics costs by nearly 121 billion yuan ($17.8 billion) this year, the Ministry of Transport anno

unced on Thursday at a news conference of the State Council Information Office.

Spokesman Wu Chungeng said the ministry will unveil a string of m

easures not only to cut costs but to promote innovative development of the industry.

China will continue to increase railway freight volume, upgrade its w

ater transportation system, regulate highway freight transport and speed up mult

imodal transport in a bid to improve its logistics network and optimize its structure, Wu said.

It will also further integrate important ports and harbors into the inland multimodal transport and logistics net

work, which will connect them with more railways and highways and enable improved cargo interoperability, he said.

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Livestreaming to vitalize cross-border e-commerce

Zhang Ying, 32, a white-collar worker in Beijing, is a jewelry lover. She prefers watching lives

treaming videos via some cross-border e-commerce platforms to buy foreign products in her spare time.

“Pictorial representations are not exactly the right way to purchase commodities online, I had som

e problems as the products did not match up to the expectations promised on the onlaine platform advertisements.”

Zhang said daigou (overseas shoppers who buy foreign products for customers on the Chinese mainland) can dem

onstrate details of products like jewelry in accordance with what the buyer wants through the livestreaming method.

“I can take a good look at the design, material, color, size and even every angle of the jewelry. It feels like that I can pick out the

products on my own. After comparing various necklaces and bracelets, I can decide which one fits me the best.”

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New Mueller probe revelations explain Trump’s rage

President Donald Trump looks — and is acting — rattled and encircled by the Russia investigation. And a series of fresh d

isclosures on Tuesday show there is every reason for him to feel threatened by the vast shadow it is casting over his life, business and presidency.

Newly unsealed court documents detailing special counsel Robert Mueller’s activity reveal an investigative field

of breathtaking scope and a prosecutorial machine that ratcheted quickly up in mid-2017.

The search warrants targeting Trump’s ex-personal lawyer Michael Cohen offer a glimpse of the covert world of the probe. As

is often the case with Mueller, they give only a tantalizing hint of the wider, yet still hidden, puzzle.

In court filing, Robert Mueller’s team says it’s very busy this week

But such disclosures are almost never good news for Trump.

There is enough to explain from Tuesday’s reveal why the in

vestigation must be weighing on Trump’s spirits, and driving his angry Twitter outbursts.

The vast breadth of the investigation by various jurisdictions also could offer a rich seam for Democratic House chair

en should they eventually subpoena primary evidence uncovered by Mueller and other prosecutors.

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Four carriers-Swisscom, Australia’s Telstra and Opt

 and Sing-Tel of Singapore-will sell the as yet unnamed 5G Oppo phone first, which is scheduled to be launched in the second quarter of this year.

Shen Yiren, vice-president of Oppo, said the four overseas carriers are rolling out the 5G netwo

rks rapidly, so the company chose to first sell its 5G smartphones in Europe. Its partnership with Swisscom is the fastest.

The move marks the latest step by Oppo to build itself as an innova

tive brand in Europe, trying to lure consumers with cutting-edge products and design.

This is also proof of the company’s determination to conquer more develop

ed markets after its products became available in more than 40 countries and regions.

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cel Hirscher has won eight straight World Cup overall titles but

  On the men’s circuit, Marcel Hirscher is arguably the greatest ski

racer there has ever been, but he hinted in Andorra his stellar career could be nearly over.

  The Austrian great has sealed an unprecedented eighth World Cup season

overall title as well as a sixth giant slalom season crown and fifth in a row.

  But the 29-year-old was unimpressed with his lackluster sixth place in the final

World Cup giant slalom of the season Saturday.

  ”If I ski further I have a lot of work to do,” he told Eurosport in the finish area in Soldeu.

  ”Before I have to have a clear mind and maybe as well I have to make the

right decision for the future what are my plans for the upcoming season.”

  Hirscher, whose wife Laura gave birth to the couple’s first child last year, has won 67 Wo

rld Cup races to sit third on the all-time list behind American Lindsey Vonn (82)

and Sweden’s Ingemar Stenmark (86).

  The Austrian star, who has also wrapped up a third straight slalom crown and sixth in to

tal, admitted at last month’s World Championships in Sweden that it could

be his last appearance at the biennial event.

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Red Notice fugitive turns himself iner real estate transaction of

BEIJING — One more of China’s most wanted graft fugitives has returned to China and turned h

erself in 17 years after fleeing overseas, China’s top anti-graft authority announced Saturday.

Li Jianxiong, a former real estate transaction official at Nan

hai district of Foshan city in Guangdong province, is suspected of graft crime.

The procuratorate in Nanhai district started investigating his cas

e in July 2002, two months after he fled. Li was listed on an Interpol Red Notice in May 2003.

Through work by an office in charge of fugitives and asset recovery under the central anti-

corruption coordination group, he turned himself in Friday.

 China’s workplace safety record has improved, with the number of accidents and fataliti

es both dropping in the first two months, data from the Ministry of Emergency Management showed.

The number of workplace safety accidents fell 6.1 percent yea

r-on-year during the January-February period, while related fatalities went down 16.8 per

cent, Sun Huashan, vice minister of emergency management, said at a press conference on Friday.

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