Mate X is more practical than Galaxy Fold because the latter is folded inward to lower the risk of br

eaking apart while falling down, which is not so useful when breaking-glass insurance is popular.

More importantly, the “new” foldable smartphones are hardly of any pr

actical use. Of course, one can easily double the display of the foldable smartphone by un

folding it so it has the size of an iPad, but that’s all. In plain words, the foldable display enables users to combine a tablet an

d a smartphone into one. There might be more uses in the future, but at least not for now.

When touchable displays for smartphones was invented, they did not get popularized until certain apps that suit

ed touchable displays only, such as Fruit Ninjia, gained popularity. Now foldable smartphones faces a similar pr

oblem. Only when apps that suit the foldable smartphones are developed will the phones be truly accepted by the market.

Wu Shuyuan, a senior analyst at Sigmaintell, a company specialized in display analysis

Samsung Fold and Huawei Mate X are both foldable smartphones, but they differ greatly in terms of des

ign. The former is folded inward while the latter is folded outward, and each has its advantages and disadvantages.

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ause the camera must not be covered during the folding, while the battery is also thicker. Huawei Mate X looks better, but its display is not protected as well as that of Samsung Fold and faces higher risk of breaking should the phone be dropped.

The two share one thing in common, namely a high price — Both are rather expensive. The Samsu

ng Fold is priced at $1,980 while the Huawei Mate X is priced at 2,299 euros ($2,606). The high price will

quite seriously limit the marketing of the two products and make them the luxuries of rich people only.

According to our analysis and market forecasts, in 2019, the number of f

oldable smartphones and tablets sold globally might reach 900,000, which might do

uble in 2020. As a comparison, people globally bought 1.4 billion smartphones in 2018. In a word, unless its cost fall sh

arply, the market for foldable smartphones will be limited for the foreseeable future.

Yet both Huawei and Samsung have invested huge resources in the research, publicity, and mark

eting of foldable smartphones. There are two main causes for that. First, smartphones are already so

developed that there is hardly any new space for innovation. The iPhone 4 miracle of Steven Jobs can hardly be re

peated in the near future, so both companies need to show the world that they are innovating.

Second, foldable displays need special materials that are quite scarce i

n the market, so neither of the two companies can afford to wait for the other to rise. B

oth need to keep the market in a balance so as to ensure its own share of products.

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Chinese stocks market surged on Monday with benchmark indices in Shanghai and Shenzhen jumping over 5 percent, mak

ing daily turnover break through 1.04 trillion yuan ($155.5 billion), a new record since 2015. The Barron’s, a fin

ancial weekly published by Dow Jones & Company, said the performance of Chinese stocks is much better than the S&

P 500. Global investment management corporation BlackRock also suggested lasting gains of the bull market.

Barron’s said the CSI 300 index, which tracks the largest stocks traded in the Shanghai and Shenzhen

stock exchanges, rose 6 percent on Monday, with a year-to-date gain of nearly 24 percent, twice the gai

n in the S&P 500, making the CSI 300 index one of the best performing indices globally in 2019.

The ongoing finance sector reforms and further industry open-up could also help boost the Chinese economy and the stock market, the Barron’s report said.

China’s financial system has great potential in helping stabilize the economy, a previous China Daily report said, adding that the co

untry will deepen supply-side structural reform in the financial sector and strengthen the sector’s ability to serve the real economy.

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China and the United States are expected to come to an agreement soon over trade frictions, analysts said, as the negotiating teams a

re reported to be discussing the wording of an accord and considering applying the brakes to their tariff standoff.

They made the prediction after Chinese and US officials said there had been concrete p

rogress on multiple issues in the latest round of trade talks in Washington.

During the latest talks, held from Thursday to Sunday in Washington, the seventh round since February of last year, th

e two sides focused on the text of an agreement, the Chinese delegation said, according to a Xinhua News Agency report.

The negotiators also had made substantial progress on such specific issues as technology transfers, protection of i

ntellectual property rights, nontariff barriers, the service industry, agriculture and exchange rates, the delegation said.

On the basis of the latest progress, the two sides are expected to continue their work

into the next stage, in accordance with the instructions of the two countries’ top leaders, according to Xinhua.

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have once again made concrete progress and provided positive pro

spects for bilateral relations and the global economy. Wang, also minister of foreign affa

irs, made the remark at an event on Monday, according to a statement issued by the ministry.

Yao Yang, dean of the National School of Development at Peking University, said, “It is encouraging that both sides have begu

n to work on the text of an agreement, which indicates a speeding up toward sealing a trade deal.”

“The progress also showed that effective economic diplomatic meas

ures can help resolve cumbersome issues and reduce confrontation between two nations,” Yao said.

After tit-for-tat exchanges of hefty import tariffs, President Xi Jinping and hi

s US counterpart, Donald Trump, agreed in December to halt new tariffs for 90 days to a

llow for talks. Since then, negotiations have been conducted on a wide array of topics.

Early Sunday afternoon in Washington, Trump tweeted that he “will be delaying” the incr

ease of tariffs on Chinese imports scheduled for March 1, due to “very productive” trade talks between the two countries.

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  d to persuade the world to use its 5G technology and not cave to pressure from Washington.

  ”This is not something that should be decided by politics,” Huawei’s chairman Guo Ping said on Sunday, ahead of the formal start of Mobile World Congress.

  Guo said he was hoping “independent sovereign states” will make “independent decision

s based on their own understanding of the situation and will not just listen to someone else’s order.”

  Huawei is taking the center stage at this year’s MWC in Barcelona. The event is expected to attract around 100,000 visi

tors. To get in, they will all need a badge like this, with a Huawei lanyard. pic.twitter.com/D6PRmZpqxe

  — Ivana Kottasová (@IvanaKottasova) February 24, 2019

  The US government is trying to convince its allies to shun Huawei equip

ment, which it says could be used by the Chinese government for spying. The company vehemently denies that claim.

  ”Just because you are from a certain country doesn’t mean your equipm

ent is not secure,” Guo said. He added that Huawei must abide by Chinese law and the

laws of countries where it operates. “Huawei will never, and dare not, and cannot violate any regulations,” he said.

  Vice President Mike Pence described Huawei as a “threat.” Secretary of State Mike Pompeo has warned other cou

ntries that using Huawei would make it more difficult for the United States to “partner” with them.

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  development trend of relying more on innovation, creation and creativity to foster a change in the structure and quality of financial services.

  When it comes to the support of financially-strained private enterprises, he said that

market laws shall be respected more and that targeted financial services are needed.

  Private firms who are temporarily in difficulties but engage in businesses that match well with the national industrial development plans or focus on the real eco

nomy, possess leading technologies and enjoy an advantage in the market shall be prioritized, he said.

  ”The healthy development of the real economy is the foundation to prevent and defu

se risks,” he said, adding that risk prevention must be based on steady economic growth.

  He said that the counter-cyclical adjustment roles of fiscal and monetary polic

ies must be strengthened so as to ensure the Chinese economy could run at a reasonable growth range.

  ”Risk prevention must be done in a way that can push ahead high-quality economic development,” he said.

zhoujianhe.cn

  An accident at a coal mine in Inner Mongolia that claimed 21 lives and injured 29 was c

aused by a brake glitch that forced a vehicle to go out of control and hit a ramp, according to local authorities.

  The accident occurred at about 8:20 am on Saturday at a mining company in North

China’s Inner Mongolia autonomous region, when a vehicle was transporting 50 workers to the mine.

  The cause of the accident is under investigation. All 29 injured were rushed to hospital and were in stable condition.

  Fu Jianhua, vice-minister of emergency management, arrived at Inner Mongolia

at 22:00 pm on Saturday with a team to supervise the rescue and investigation work.

  An emergency center which included four working teams for medical service, security and safety was set up.

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  BEIJING – A recent survey by China’s State Post Bureau said 35.8 percent of delivery workers c

onsidered their occupation “promising” and would like to continue in that position.

  The survey consisted of 6,000 delivery people across China mostly born in the 1980s and 1990s.

  About 76 percent of the delivery workers are from rural areas, wh

ile nearly 16 percent are from towns or counties, according to the survey.

  Major sources of stress for delivery workers include low wages and insufficient benefits, lack of understanding of t

heir job from customers and the public, long working hours and little chances of promotion, the survey said.

  Most of those surveyed earn less than 5,000 yuan ($743) per month but gen

erally gain more during the annual Double 11 online shopping spree in No

vember, during which over 80 percent of the country’s delivery workers handle more than 200 packages per day.

  China’s express delivery industry is rapidly developing, with around 3 million delivery workers.

  ”Delivery worker” was added to the revision of the national occupation list of China in 2015, meaning it has been recognized by the state as an occupation.

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  Sister Veronica Openibo, a Nigerian-born nun, is one of only three women to address an unprecedented Vatican summit on clergy sexual abuse.

  She did not waste the opportunity.In clear, direct and unsparing language, Openibo challenged the church’s cult

ure of silence on sexual issues and said priests are too often put on pedestals. Openibo also criticized the pr

actice of letting elderly clergy who had abused children retire quietly with their pension and good names in place.

  ”Let us not hide such events anymore because of the fear of making mistakes,” Openibo said after reading a searing summ

ary of abuse cases she has heard about during her work on sexual education in Nigeria.

  ”Too often we want to keep silent until the storm has passed! This storm will not pass by. O

ur credibility is at stake.”Sister Veronica Openibo stands next to Chicago Archbishop Cardinal Blas

e J. Cupich, left, and Father Tomaz Mavric as they wait for the Pope’s arrival at the beginning of the third day of a Vat

ican’s conference on clergy sex abuse.
At one point, Openibo appeared to look toward Pope Francis, who was sitting on the

dais to her right, when calling for a policy of “zero tolerance” toward clergy who abuse children.

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