China boast 80% of world’s unicornsSince the term “unic

icorn” was first used by venture capitalist Aileen Lee six years ago to describe a privately held startups valued at $1 billio

n or more, the number of companies matching this label has mushroomed to 326, according to a report.

The United States is home to 156 unicorns, nearly half of the world’s total, followed by China with 94 unicorns, Jeff Desj

ardins, editor-in-chief of media site Visual Capitalist, said in a report called Visualizing the Unicorn Landscape in 2019.

The total valuation of the 326 unicorns has been raised to $1.1 trillio

n by investors, of which almost 30 percent is made up by the top seven unicorns with hig

hest valuation, including Bytedance, Uber, Didi Chuxing and WeWork, the report citing data from CB Insights said.

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The country will allow overseas investors to trade more

types of onshore commodity futures contracts without registering a Chinese entity, and will continuously improve the relate

d rules, Lu Dongsheng, an official with the China Securities Regulatory Commission, told a forum on Tuesday

Lu also announced other measures to develop China’s commodity fut

ures market, such as accelerating the launch of ricThe Shanghai Futures Exchange will open

up its nonferrous metals futures contracts to foreign investors, Jiang Yan, Party secretary of the exchange, said at the s

ame forum. The bourGuo Shuqing, head of the China Banking and Insurance Regulatory Commissiose will also list a n

ew type of futures contract, TSR20 Rubber, which will be available to both domestic and foreign investors, he sai

d.Lu also announced other measures to develop China’s commodity futures market, such as accelerating the launch of

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n the case before Mehta, Trump and his business orga

anization sued to block the subpoena issued in April to Mazars USA, an accountant for the president and Trump Orga

nization. Trump’s lawyers accused Democrats of harassing Trump and said the subpoena “has no legitimate legislative purpose.”

Trump’s lawyers, in suing in both Washington and New York in attempt to beat back congressiona

l subpoenas, said congressional investigations are legitimate only if there is legislation that might result from them.

In the New York case, Trump, his business and family have sued Deutsche Bank and Capital One to prevent the fi

nancial companies from complying with subpoenas from the House Financial Services Committee and the House I

ntelligence Committee for banking and financial records. A Wednesday hearing is planned in that case.

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The collaboration aims to make areas along the initi

ative safer, more sustainable and disaster-proof, according

to the declaration published during the two-day International Conference on Silk-road Disa

ster Risk Reduction and Development, which concluded in Beijing on Sunday.

Sunday marked China’s 11th National Disaster Prevention and Reducti

on Day, an annual event which began in 2009 after a devastating earthquake hit Sich

uan and neighboring provinces on May 12, 2008, leaving over 87,000 dead or missing.

More than 700 scientists from around 40 countries, regions and international organizations supported the declaration. It reco

mmended actions including data-sharing, investing in disaster risk reduction technologies and in

frastructure, and jointly enhancing disaster preparedness and response protocols.

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With 1,000 days to go before the 2022 Winter Olympic

 preparations are well underway for a successful and sustainable event.

Built for the 2008 Summer Games, Olympic Park in Beijing’s no

rthern downtown area entered the spotlight again on Friday as the country began its cou

ntdown. The 2022 Winter Olympics, will be held in Beijing and co-host Zhangjiakou in adjacent Hebei province.

As the symbolic “1,000” flashed on a digital clock on the park’s Linglong Tow

er, a broadcasting facility for the 2008 Games, expectations were heightened f

or the winter sports extravaganza, which will run from Feb 4 to 20 in 2022. Three zones will feature ath

letic events — downtown Beijing, the city’s northwest Yanqing district and Zhangjiakou’s mountain district Chongli.

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Three years ago, Zhao read about a hover surfboard i

 Canada, and that was when his “flying motorbike” fantasy became more of a reality.

Despite his enthusiasm, Zhao’s road to success was by no means smooth. He experienced c

ountless failures while trying to make the manned aircraft airborne during 1,559 flight tests. Zhao eve

n had to sell his apartment and borrow money from friends in order to continue his project.

He named the drone Jindouyun, or “Magic Cloud”, which was a flying cloud used

by fictional superhero Monkey King, a character from the Chinese classic Journey to the West.

He claims the lithium-battery-powered scooter can spend up to 30

minutes in the air, has a top speed of 72 kilometers per hour and can reach a height of 3,000 meters.

Zhao believed that the manned drone could prove to be an effectiv

e solution to ease traffic congestion, as well as for use by the fire departments or security forces.

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He visited China for the first time in 2001, where he noticed tha

“It’s such a difference visiting today to see so many different animate

d productions being done in China. Chinese writers, directors and animators ha

ve really jumped into rich storytelling and created really fascinating worlds that the global audience will enjoy seeing,” he says.

Over the past eight years, D’Ambrosia has overseen production of such popular Disney Junior’s shows such as the Emmy Awar

d-winning Sophia the First and The Lion Guard, which is based on Disney’s Oscar-winning 1994 film The Lion King.

Speaking about the key to appealing to children aged between 2 and 7

, he reveals that the tales his team creates are built on down-to-earth research.

“We actually do go into preschools and talk to children about the stori

es and the characters. So we find their words very valuable and adapt our stories to make su

re that they not only comprehend the stories but also relate to the aspirations of the characters,” says D’Ambrosia.

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It is sometimes called Cantonese cancer, as the inciden

e in Guangdong – 30 cases per 100,000 people – is more than 30 times higher than the rest of the world.

When Ma was a visiting scholar in the United States, he found many patients we

re Chinese-American, and most of their families were originally from Guangdong.

An epidemiology study in 2010 traced the risk gene for this type of cance

r to the Baiyue people, an ethnic group that lived in the area more than 2,000 years ago.

In 1998, the US National Comprehensive Cancer Network proposed concomitant radiothera

py and chemotherapy along with three courses of intensified adjuvant chemotherapy afterward to treat patients with a

dvanced nasopharyngeal cancer. It became the standard treatment for advanced cases around the world.

For years, Ma has wondered if it really worked for Chinese people.

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n April 2017, for example, the company took technol

ogy giant Tencent to court and asked for 180,000 yuan in compensation after Tencent us

ed nine Visual China Group images without permission, Beijing Youth Daily reported.

Tencent said the images involved could also be found on other webs

ites, or the company could not prove it had authorization for the photos. The court fina

lly ordered Tencent to pay 40,000 yuan to Visual China, the report added.

Wang Weiwei, a lawyer from the Beijing Zhongwen Law Firm, sai

d, “Mushrooming copyright-related disputes can be acceptable if a stock-ima

ge agency, such as Visual China Group, gets authorization for images from copyright owners.

“Any litigation caused by true copyright infringement is no problem and is justifie

d, as it is also to help protect the legitimate rights and interest of the copyright owners,” he said.

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In order to improve the business environment, the Chi

ese government has launched a series of measures to continually reduce burdens for taxpayers, an

d the annual plan for 2019 is to cut 2 trillion yuan ($300 billion) in taxes and fees.

“Effects have been seen recently. In the first two months, 182.85 billion yuan in taxes and fees were furth

er reduced,” Wang said. “The Chinese tax authority will do all it can to achieve the target.”

“International tax cooperation is not and has never been easy. But we

do need a multilateral approach,” said Vitor Gasp

ar, director of the Fiscal Affairs Department at the International Monetary Fund.

“BRITACOM has a role to play in fostering a multilatera

l cooperation approach to taxes, and it can help tax adm

inistrations share best practices and build a foundation for cooperation,” Gaspar said.

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