Wednesday 3 May 2017

Copper, barometer of global economy, posts worst drop in 19 months on China growth worries


Reuters: North Korea s nation media published an extraordinary complaint of China on Wednesday announcing Chinese country media commentaries calling for more difficult sanctions over Pyongyang s nuclear programme have been undermining family members with Beijing and worsening tensions. A remark carried with the aid of the official Korean Central News Agency (KCNA) cited latest commentaries in China s People s Daily and Global Times newspapers which it said have been extensively referred to as media talking for the legit stand of the Chinese birthday party and government. A string of absurd and reckless feedback are now heard from China every day simplest to render the existing terrible state of affairs tenser it said. China had higher ponder over the grave outcomes to be entailed by using its reckless act of slicing down the pillar of the DPRK-China relations the observation stated regarding North Korea through the acronym for its respectable name the Democratic People s Republic of Korea.ALSO READ: China urges all sides in North Korea standoff to stop traumatic one anotherChina is North Korea s neighbour and simplest major ally and the USA has pressed it to use its influence to rein in North Korea s nuclear and missile programmes. Diplomats say Washington and Beijing are negotiating a possible stronger UN Security Council reaction consisting of new sanctions to North Korea s repeated ballistic missile launches.The KCNA observation charged that the Chinese articles had attempted to shift the blame to Pyongyang for deteriorated members of the family between China and North Korea and US deployment of strategic property to the vicinity.It also https://community.linksys.com/t5/user/viewprofilepage/user-id/829998 accused China of hyping up harm due to North Korean nuclear checks to China s three northeastern provinces.Chinese state media calls for North Korea to dismantle its nuclear programme had been a wanton violation of the impartial and legitimate rights dignity and preferrred pastimes of North Korea and constituted an undisguised risk to an honest-minded neighbouring country which has a protracted records and culture of friendship it said.The KCNA statement stated calls through a few ignorant politicians and media people in China for stricter sanctions on North Korea and no longer ruling out army intervention if it refused to abandon its nuclear programme have been based totally on large-power chauvinism. It said North Korea s nuclear programme turned into needed for the life and improvement of the united states and can by no means be changed nor shaken. The DPRK will in no way beg for the preservation of friendship with China the remark stated. Earlier on Wednesday China called on all events within the Korean standoff to stay calm and stop tense every different an afternoon after North Korea stated the US changed into pushing the region to the brink of nuclear struggle. Reuters David BrunnstromTopics: North Korea North Korean media China Chinese media nuclear warnings Apple (AAPL) s modern-day quarterly end result -- with missed iPhone and revenue expectations -- may additionally were ho-hum to some but the document cited a few bang-up boom in emerging economies. CEO Tim Cook instructed analysts Tuesday that India is transferring rapid. They are shifting at a velocity that I have now not seen in every other united states inside the world. Cook with politeness averted discussing the put off in iPhone manufacturing in India that is the cornerstone had to open extra retail shops. Management did note Apple saw double-digit 2nd area growth inside the U.S. Canada Australia Germany the Netherlands Turkey Russia and Mexico. But increase prices passed 20% in markets consisting of Brazil Scandinavia the Middle East Central and Eastern Europe India Korea and Thailand. CEO Cook mentioned that the Chinese yuan devalued by using five% within the area no longer a mere headwind. He additionally cited weak spot in Hong Kong which has been hit a chunk more difficult as the tourism market continues to droop. The iPhone 7 Plus fulfillment in some markets supposed that Apple didn t perform as properly on a number of the previous era iPhones he brought. More from the quarterly earnings convention name transcript: In Greater China first half of sales was down thirteen% year-over-year approximately a third of which changed into attributable to FX forex . That s in evaluation to a 32% sales decline inside the second half of ultimate yr. We had been very thrilled to see sturdy double digit revenue boom from each Mac and offerings all through the March sector. We also had notable effects from our retail stores in mainland China with total store revenue up 27% over final year and comp store revenue up 7% ... We set a new March region record for India in which sales grew by using robust double digits. We keep to strengthen our nearby presence throughout the entire environment and we re very optimistic about our destiny in this extremely good united states of america with its very large young and tech savvy population speedy growing financial system and enhancing 4G network infrastructure ... Goldman Sachs Analyst Simona https://www.planet3dnow.de/vbulletin/members/115042-sapfiorilibrary K. Jankowski requested Cook about the established order of India production and the rollout of 4G there. She asked is it affordable for us to anticipate that Apple can promote some thing at the order of 10 to twenty million iPhones there next 12 months and then grow from there? Cook answered: Yes we make it a point no longer to forecast by means of concept. We just offer a contemporary quarter forecast. But as with any luck you ve seen as we began to offer you greater records approximately India we ve been making an investment pretty a chunk. We have a ton of strength going into the u . S . A . On some of fronts and it's miles the third biggest smart phone marketplace inside the international nowadays in the back of China and the USA. And so we accept as true with particularly now that the 4G infrastructure is going inside the country and it s continuing to be multiplied that there's a large possibility for Apple there. And in order that s that and the demographics of the u . S . A . Is why we re placing so much power there. Analyst Jim Suva at Citigroup http://www.feedbooks.com/user/3442599/profile straight away accompanied up. He requested: Tim in your prepared remarks you mentioned India became growing double digit that is first-rate. But I trust if you study geographic records India is truly below-penetrated from an Apple reception notion but but they have got LTE you've got the iPhone SE a lower priced iPhone. Do you believe you studied that this next 12 18 months goes be a turning point or is it more you need to paintings with the authorities to have Apple-owned shops or production? Or what s it honestly going to take to get India going ... Due to the fact we think it s simply clearly a amazing possibility. Cook responded: We think it s a outstanding possibility too. And so we re bringing all the things that we introduced to endure in other markets that we ve sooner or later achieved nicely in. And that s from channel to stores to our surroundings and so on. Phil was simply over there beginning a developer center ultimate zone and so there s a there are a ton of factors happening there. And we agree that we're below-penetrated there. Our boom fees are correct virtually exact in most of the people s expectancies. Maybe not mine as a whole lot. But and so we re setting quite a few energy in it. Just like we've got in different geos geographies that in the end wound up generating increasingly more. So I m very excited about it. The 4G community funding honestly started rolling in in a massive way toward the closing area of last yr as . But they are shifting fast. They re shifting at a speed that I have no longer seen in every other country within the international after they have been started. And it is virtually mind-blowing ... See our posts Is Apple India iPhone Assembly Delayed? And India To Apple: iPhone Tax Hardball Continues. Photo A woodland near Dashan village close to the city of Lin an in Zhejiang Province. A have a look at published on Wednesday indicates that a few legitimate estimates of China s greening campaign overstated its successes. Credit Johannes Eisele/Agence France-Presse Getty Images HONG KONG China has invested greater than one hundred billion during the last decade on my own in a nationwide marketing campaign to plant new forests and its top leaders communicate of the attempt with pride. Planting bushes now will benefit our future generations and we need to roll up our sleeves to plant greater trees yr after 12 months technology after era President Xi Jinping stated in March at a tree-planting ceremony in Beijing.But a observe published on Wednesday suggests that a few official estimates of China s greening marketing campaign overstated its successes and mistook shrubs for forests.United Nations facts which are primarily based on countrywide statistics display that between 2000 and 2010 China received 167 568 square miles of woodland an area barely larger than California. China s very own estimates had been not a ways behind. Continue analyzing the primary tale Photo The Chancellorsville a United States guided missile cruiser within the Luzon Strait after a patrol of the South China Sea final 12 months. Credit Bryan Denton for The New York Times WASHINGTON Six weeks ago the US Pacific Command asked permission from senior American officers for a United States warship to sail within 12 nautical miles of Scarborough Shoal a disputed reef within the South China Sea that is claimed with the aid of the Philippines and China.The Navy had right reason to think the request would be granted. During ultimate 12 months s marketing campaign Donald J. Trump labeled President Barack Obama as susceptible in protecting worldwide waters inside the South China Sea wherein Beijing has began a pointy navy buildup to reclaim land installation runways and haul device onto reefs and shoals it claims as its personal. Secretary of State Rex W. Tillerson during his affirmation listening to in January called for China to be denied get right of entry to to the synthetic islands. And foreign coverage specialists and Asia watchers braced for a go back to recurring Navy patrols within China s self-proclaimed territorial waters something Mr. Obama allowed sparingly.But as a substitute the Pacific Command request and two others by using the Navy in February turned into turned down by way of pinnacle Pentagon officials earlier than it even made it to President Trump s desk. More than a hundred days into the Trump presidency no American Navy ship has long past within 12 miles of any of the disputed islands inside the South China Sea Defense Department officers said.The decision now not to undertaking China s territorial claims represents a exquisite deference in the direction of Beijing from an management this is increasingly turning toward President Xi Jinping for assist amid the escalating disaster in the Korean Peninsula. It remained uncertain on Tuesday whether or not it become Defense Secretary Jim Mattis; Gen. Joseph F. Dunford Jr. The chairman of the Joint Chiefs of Staff; or one in every of their deputies who grew to become down the three requests. Defense officials said the White House become now not worried. Continue studying the principle story Photo President Rodrigo Duterte of the Philippines left with President Xi Jinping of China throughout a visit to Beijing in October. Credit Pool photo by way of Thomas Peter BEIJING President Xi Jinping of China spoke through cellphone on Wednesday with the president of the Philippines Rodrigo Duterte in what Chinese information media described as a friendly name that got here only some days after President Trump s amicable communique with the authoritarian Filipino chief.Mr. Xi s outreach to Mr. Duterte regarded to be a part of efforts through the Chinese to woo a longtime American best friend and fortify their sovereignty claims inside the South China Sea.Chinese information media stated North Korea and different troubles were discussed within the cellphone name. On Saturday Mr. Trump unexpected his own personnel telephoned Mr. Duterte and invited him to visit the White House.Mr. Trump s gesture was widely condemned over issues about human rights abuses inside the Philippines completed below Mr. Duterte s auspices. In a signal of lingering tensions among the 2 international locations Mr. Duterte later stated he might be too busy to make the trip. Continue analyzing the primary story Photo President Trump https://www.tomshw.it/forum/members/saplaunchpad.335706/ talking at a campaign-style rally on Saturday in Harrisburg Pa. Credit Al Drago/The New York Times WASHINGTON When President Trump referred to as President Rodrigo Duterte of the Philippines on Saturday White House officers noticed it as a part of a ordinary diplomatic outreach to Southeast Asian leaders. Mr. Trump normally had his personal thoughts.During their very friendly communication the management stated in a overdue-night announcement Mr. Trump invited Mr. Duterte an authoritarian leader accused of ordering extrajudicial killings of drug suspects within the Philippines to go to him at the White House.Now the administration is bracing for an avalanche of criticism from human rights corporations. Two senior officers said they predicted the State Department and the National Security Council both of which had been caught off protect via the invitation to raise objections internally.The White House disclosed the news on an afternoon whilst Mr. Trump fired up his supporters at a marketing campaign-fashion rally in Harrisburg Pa. The timing of the statement after a speech that turned into a grievance-crammed jeremiad encapsulated this president after one hundred days in workplace: nevertheless equipped to say and do matters that leave humans even on his body of workers slack-jawed. Continue reading the principle tale

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