and media need to focus on long term development of Chinese soccer instead of what happens at the tournament.
Cannavaro said he sought out the opinion of Lippi, who now serves as an adviser, including player selection.
“The China Cup players are all those who had good performances in the previous rounds of the CSL, along with young players,” said Cannavaro.
“What we need is a sustainable system that will allow the best
coaches all around the world to work here in the future. It’s not a short-term play. It will take time.”
“It’s like building a house－the first job is to build a solid foundation,” he said
“Based on that, we can have success. Compared to Japan and South Korea, their plans started decades ago.
“They are 20 to 25 years ahead of China in terms of their soccer development.”
Another factor was that Cannavaro did not recall China’s best striker, Wu Lei, who is now playing for Espanyol in La Liga.
Other experienced veterans, such as captain Zheng Zhi, were passed over in order to make way for younger players.
school because speaking fluent Chinese is necessary for them to work in China or do business with China, Sun said.
The government in Ruili has invested 2.6 million yuan ($388,000) in impro
ving school facilities, including building a new school building, canteen and playground. T
he school has established a special foundation with donations from teachers, parents and officers at the in
spection station to sponsor impoverished Chinese and Burmese students in pursuing their studies, he said.
Ruili, an important land port for southwestern China, is described by a famous C
hinese song, There is a Beautiful Place, which describes its natural beauty and colorful folklore.
At the school, the students also can be heard singing another so
ng, “Two countries, one school, hand in hand, heart to heart, forever love.”
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.
The identity of a Shanghai vagrant, who has become an overnight online celebrity after videos of him explaining Chinese classics to passers-by went viral on Chin
ese social media, has been confirmed by his employer, the auditing office of Shanghai’s Xuhui district government.
The office said the vagrant called Shen Wei became one of its employees in 1986 but
has been on sick leave since 1993, during which he has been paid with a basic salary.
For the past seven years, Shen, usually in rags and tangled long hair, has lived near the metro st
ation of Yanggao South Station and collected garbage every day. He began to get online attention over the past few
days when videos taken by passers-by, and then online broadcasters, show his eloquence, resourceful knowledge of Chinese classics and “wor
ds of wisdom” as he advises onlookers to spend more time on reading rather than taking videos of him.
He spends most of his spare time reading books, mostly Chinese classics which he has bought wit
h the money he earns from garbage collecting. He refuses to receive help and told the Red Star News reporter that he has around 10
0,000 yuan ($14,991) in his bank account. The money comes from his 2,000 yuan monthly salary and his father’s savings.
NEW YORK – UP Fintech Holding Limited, a leading online brokerage firm focusing on global Chinese investors, rang th
e Nasdaq Stock Market opening bell on Wednesday in celebration of its initial public offering (IPO).
The company, known in Asia as “Tiger Brokers,” trading under the ticker symbol of “TIGR,” announced its IPO of 13 mill
ion American depositary shares (ADSs), each representing 15 Class A ordinary shares, at a price to the public of $8 per ADS.
UP Fintech Holding started trading at $8.10 per share on Wednesd
ay, climbing 24.6 percent from its pricing, and was traded at $9.97 apiece around midday.
Citi and Deutsche Bank acted as lead managers on the deal.
Online brokers utilize APPs and websites to provide integrated online securities services, incl
uding customer acquisition, account opening, securities trading and other value-added services.
players, especially when they happen at home. I hope that 10 years la
ter this team of players will still be remembered for what they did at the World Cup.”
Around 8,000 spectators packed into the arena to witness the draw, whi
ch was conducted by Chinese pop star Yang Chaoyue, a member of the idol group Rock
et Girls 101, and NBA legend Kobe Bryant, and was staged in conjunction with FIBA’s global partner Tencent Sports.
After going 0-5 at the 2016 Rio Olympics and failing to qualify for the last World Cup, in 2
014 in Spain, Asian Games champion China is under heavy pressure to deliver an improved performance at home.
Should China emerge from Group A, it will face one of the top two
teams from a tougher-looking Group B, which features Argentina, Russia, South Korea and Nigeria.
BEIJING — China has made solid progress in alleviating the financing
problems of small and micro firms, a senior official said Friday.
Outstanding loans to such businesses amounted to 33.49 trillion yuan ($5 trillion) by the end of 2018, accounting for 23.
81 percent of the total outstanding loans, Zhu Shumin, vice chairman of the China Banking Regulatory Commission, said in a statement.
In particular, outstanding inclusive loans to small and micro firms reached 9.36 trillion yuan
, growing 21.79 percent from the beginning of the year, 9.2 percentage points faster than the total loans.
The number of borrowers increased 4.55 million from the beginning of 2018 to 17.23 million, Zhu said.
Meanwhile, efforts have been made to cut financing costs, with the average interest rate of newly
issued inclusive loans to small and micro firms in the fourth quarter of 2018 down 0.8 percentage points from the first quarter.