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Alipay, the country’s top mobile payment platform, announced on Tuesday a major anti-fraud u
pgrade on its application by teaming up with 26 public security departments nationwide.
The new function, dubbed “Security Guard”, allows users to set up related accounts among f
amily members or close friends. Should any abnormalities on transactions occur, the system would send
out alerts to all related accounts in order to prevent the fraud from materializing and minimize loss of funds.
“Security is the lifeline of Alipay, and we hope to fight fraud in a manner as harsh as dru
nk driving,” said Rui Xiongwen, vice-president of Ant Financial, Alipay’s parent company.
Alipay users can choose to delay payment for two hours or 24 hours and raise an alert
on the platform if they deem such transactions potentially misdirected or fraudulent.
The system has been linked to local public security authorities to help freeze any transaction
s in doubt. The money will be credited back to the user’s account if authorities determine fraud has been committed.
A number of local anti-fraud centers in cities like Beijing, Shanghai and Shenzhe
n also pledged to cooperate with Alipay on financial security education and anti-fraud alarming systems.
On Sunday, China’s tech giant Huawei officially unveiled Huawei Mate X, its first foldable smar
tphone. That came just five days after Galaxy Fold, the first foldable smartphone of Samsung. But fol
dables might not be the future of smartphones, comment two experts with China Daily’s Zhang Zhouxiang:
Yuan Xuanhua, a renowned industrial designer with 20 years’ experience in smartphone engineering
Some media outlets have described foldable smartphones with so many sweet w
ords as if they were a technological breakthrough. Unfortunately, they are not. The te
chnology of foldable displays were invented as early as 20 years ago in a quite easy way — By replacing the glass th
at supports the display with foldable organic materials. Such displays can not only fold, but also curve.
Concerning the foldable screens of Huawei and Samsung, they have better displays with higher density rate and cl
earer, more stable display performance, but in essence they are still using the same technology. Therefore, f
oldable smartphones are more like a consumption-led innovation rather than a technology
of the sector with a focus on improving financial services and forestalling financial risks.
Opening-up of China’s financial factor has sped up, as the country re
moved foreign ownership caps of banks and financial asset management firms last year.
Richard Turnill, global chief investment strategist of BlackRock, an American global investment man
agement corporation, is also positive on China’s stocks market, according to the Barron’s report.
Turnill said stronger inflows into Chinese A-shares, and China’s efforts to boost credit growth and sti
mulate its economy are also helpful to a bullish stock market.
However, selectivity of stocks is needed, Turnill said, adding that BlackRock favors b
rokers and companies related to the domestic consumer that can benefit from the efforts to stimulate growth locally.
Major securities traders in China, such as the Merchants Securities, CITIC Securities, and Fo
under Securities are all optimistic about China’s stocks market this year, according to a report from finance.sina.com.
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.
need money.”Lankov is one of the few foreigners ever to study at Kim Il Sung University, the country’s most pr
estigious institution of higher learning. Today he runs the Korea Risk Group consultancy, teaches at Kookmin Uni
versity in Seoul and is considered one of the world’s experts on the inner workings of North Korea.
He says Kim and his top advisers are cold, realistic and brutally rational. They believe that nuclear weapons are the key to their survival given the fate of Moa
mmar Gaddafi, Saddam Hussein and Ukraine as well as Trump’s decision to ditch the Iran nuclear deal.
”For the North Koreans, security comes first. And they believe that their security is imperfect if they don’t have some
nuclear weapons. A reduction of nuclear weapons can be negotiated, but denuclearization is a pipe dream,” Lankov said.
Jackson, the former Defense Department official, is also unconvinced that Kim Jong Un is the reformer many hoped he would be.
Though Kim is a millennial leader educated in the West, he has n
ow been in power for seven years — during which time he’s overseen more missile and nu
clear tests than his father and grandfather combined, without “meaningful signs” of economic change.
”What is different now than the previous 30 years that makes that control-versus-opening tradeoff worthwhile?” Jackson said.
seemed indicative of what was already deemed one of the most wide-open races i
n years, given the lack of consensus among guild awards leading up to Sunday’s event.
Perhaps no surprise came bigger than best actress, as “The Favourite’s” Olivia Colman upset
seven-time nominee Glenn Close, who had marched through awards season with enough victories to m
ake her a presumptive favorite. (Colman, in an emotional speech, practically apologized to Close for wi
nning.)s for politics, a recurring theme involved the Trump administration’s immigration polices, including an early jo
ke from Maya Rudolph that among the things that wouldn’t be happening during the telecast, “Mexico is not paying for the w
all.” For his part, Malek referenced being a first-generation American, the son of Egyptian immigrants.
Still, the most overt and rousing rejoinder belonged to Spik
e Lee — a winner for adapted screenplay for his movie “BlacKkKlansman” — who pointed to
the 2020 election, urging people to “be on the right side of history. Let’s do the right thing!” Congressman and civil-rig
hts icon John Lewis also received a prolonged ovation, introducing “Green Book.”
Cristiano Ronaldo was supposed to be the final piece in the Juventus Champions League winning jigsaw.
For so long, Juventus has dominated in Italy, winning seven successive league titles with an eighth almost inevitable.
But it is the Champions League crown that it craves. Ronaldo was s
upposed to be the man to deliver for a club that has lost out twice in the final in the past four years.
When Juventus turned to Ronaldo, a five-time winner, chasing a record-equ
aling sixth Champions League title, it was to inspire the team on nights like Wednesday.
Only Sevilla (27) and Getafe (23) have conceded more goals to Ronaldo than Atletico Madrid.
Yet, on a Wednesday night in Madrid, the city where he enjoyed such success with Re
al, he was unable to add to his career tally of 22 against the former neighbor.
For Atletico Madrid, a team that has felt the full force of Ronaldo’s irrepressible scor
ing record during his time at Real, this 2-0 victory in the first leg of the last 16 tie was particularly sweet.
Two second-half goals from Uruguayan defensive duo Jose Gimenez and Diego Godin secured the advantage for Diego Simeone’s side.