While early-stage Uber investors such as Benchmark, Men

 Ventures, First Round Capital and Lowercase Capital made a killing in the IPO, some late-stage backers did not fare as well.

Japan’s SoftBank Group Corp <9984.T >, for example, invested in Uber in early 2018 at $48.

77 per share. It also bought shares at a much lower price in a large secondary transaction.

To be sure, other IPOs have traded well so far in 2019, including online scrapbook company Pinterest Inc, vegan burger

maker Beyond Meat Inc and video-conferencing startup Zoom Video Communications Inc. But these were mu

ch smaller startups than Uber that did not execute as many frothy fundraising rounds.

Uber Chief Executive Dara Khosrowshahi, who was on the NYSE trading floor to mark the debut, tried to cal

m investors by pointing to the company’s growth prospects and expansion plans.

www.zhongqianxue.cn

The 20-year-old said she first learned about the history

The volunteer team-led by Wu Liangliang, a security guard who has gained online fame for his fluent self-taught En

glish-has also been part of the site’s efforts to provide a more personal management style, in addition to the city go

vernment’s introduction of various measures, including a mobile app, to help tourists.

Larry Goodrich, from Seattle, who has been traveling with his wife

in the Yangtze River Delta for three weeks, lauded the volunteers’ contributions.

Having worked in the computer industry since “the era of brick-si

zed cellphones”, the 65-year-old said that while technology has provided unimaginable con

venience, traveling is about being a part of the destination and interacting with local residents.

“The human connection is always better,” said Goodrich.

swicbt.cn

China’s pledges included shortening its negative lis

 for foreign investments, opening up more sectors to foreign busines

ses, guaranteeing fair competition and planning new free-trade zones and ports.

Sourabh Gupta, resident senior fellow at the Washington-based Institute for China-American Studies, specifically praise

d the new Foreign Investment Law-passed in March by China’s national legislature and effective in 2020-which he s

aid is “a farsighted piece of legislation” that “will firmly usher in a new round of reform and opening-up”.

“Strong measures to deal with political, regulatory and administr

ative noncompliance are envisaged. A robust working mechanism to promptly address fo

reign businesses’ complaints is also envisaged,” said Gupta, who believes the prov

isions are a big step in assuring foreign businesses that the playing field is leveled in China.

www.ypwhl.cn

Relevant government departments have begun inves

igations into the source of the vaccines to find out whether they were fake vaccines or smuggled in from overseas.

The HPV 9-valent vaccine, only officially available at Boao Super Hospital in the Boao Lech

eng International Medical Tourism Pilot Zone in Hainan since May last year, was developed for women bet

ween the ages of 16 and 26 to deal with diseases like cervical cancer caused by nine types of HPV.

The Boao pilot zone is the first place on the Chinese mainlan

d allowed to import HPV 9-valent vaccines and other drugs without ne

eding central government permission, in line with the nine preferential polices granted to it by the Stat

e in 2013, such as special permissions in importing medical technology, medical equipment and medicine.

ax132.cn

“Essentially, it depends on the growth of money sup

pply (M2),” said Sheng Songcheng, a central bank adviser and a former director of the central bank’s statistics department.

The central bank released M2 data on Friday, which recorded a 13-month high of 8.6 percent by the end of March, accelerating from 8 percent by February.

Aggregate social financing, a gauge to measure broader financial activities including trust funds and local govern

ment bonds, also grew faster than market expectations. That total financing amount grew to 2.86 trillion yuan in Mar

ch, or a 11.1 percent growth from a year earlier, compared with 10.6 percent in February, said the central bank.

“According to the latest economic data, there is less necessity for RR

R cuts, but it requires further observation on future changes,” said Sheng.

If the central bank further cuts the RRR, when economic growth is already stabilized, inflation wi

ll surge, and possibly lead to funds flowing into the property sector instead of supporting the real economy, he added.

gjrcpx.org

So, I think I won’t get married until I’m 33,” Gray said

Like Gray, more women and men in the US are single — more than 45 percent of all Americans age 18 or older, the US Census Bur

eau reported in 2017 — and the number of single households around the world also is increasing.

Singles make up about 14.6 percent — about 200 million — of Chi

na’s population, the largest singles population in the world, People’s Daily reported.

Sweden has the highest rate of people staying single, 51 percen

t of all households, according to 2017 data from the European Union’s Eurostat.

Sweden is followed by Denmark, Finland and Germany, which all have more than 40 percent one-person households.

The never-married population age 16 years and over in England a

nd Wales increased by 3.9 million from 2002 to 2017, while the number of married pe

ple increased only by 1.2 million during the same period, UK Census reported.

zaddw.cn

But a customs union would ensure UK businesses can cont

ontinue to trade with the EU, and would solve many of the problems that bedevil May’s deal. In partic

ular, it would remove the need for customs posts and border checks between Ireland and Northern Ireland.

There’s a good chance a withdrawal agreement that included a

customs union pledge would be approved by Parliament, and welcomed by the EU.

But some hard-line Conservative Party lawmakers have written to May, insisting that she not agree to a Brexit extension beyond M

ay 22, which would force the U.K. to take part in the next European Parliament election, the Sun newspaper reported.

The letter urged the prime minister to bring her Brexit deal back to Parliament for

a fourth vote, with the threat of a general election if it is rejected again, the Sun said.

www.ax132.cn

More European countries expected to follow its lead as h

With Italy becoming the first of the Group of Seven industrialized nations to

sign on to the Belt and Road Initiative during President

Xi Jinping’s state visit to the country, the China-proposed connectivity plan might gain more participants, observers said.

Xi and Italian Prime Minister Giuseppe Conte witnessed the signing of the intergovernmental me

morandum of understanding on joint construction of the Belt and Road after they held talks in Rome on Saturday.

The two sides realize the huge potential of the BRI in promoting connectivity, and stand ready to strengthen the alignment of th

e BRI and the European Union’s Trans-European Transport Networks and deepen cooperation in ports, logistics, mar

ine transportation and other areas, according to a joint communique issued by the two countries.

During his talks with Conte, Xi said China’s and Italy’s historical status as nati

ons at either end of the ancient Silk Road made it natural for them to cooperate on building the Belt and Road

www.gzbbaf.com

Tang said, “Chinese food is quite complicated to mak

so single people think it is a waste of time compared with ordering takeout,” adding that on major food

delivery platform Meituan-Dianping, about 65 percent of the orders are made by singles ages 20 to 30.

Others choose to dine out. A recent report by global market research company Kantar Worldpanel found that 46 percent of interviewees said they had eaten

alone in the past 24 hours, up by 9 percent from 2017. Some 16 percent of respondents said they preferred to eat out alone.

Liu Chang, 24, a postgraduate at Renmin University of China in Beijing, said she likes to ex

perience celebrity restaurants recommended by food review platforms. She has visited them alone many times.

“Finding friends you like to dine with can be difficult sometimes. In view of this, I would rath

er eat alone, which can also be enjoyable and relaxing, as I can do whatever I like,” she said.

www.xyzaw.cn

China has been pulling off a delicate diplomatic balanc

  ing act in South Asia in the past year, after easing some regional tensions.

  In July 2017, for example, there was a heated month-long territorial standoff between Chinese and Indian troops in Doklam, near the borders of India, China and Bhutan.

  The two powers nearly came to blows over accusations the Chinese gov

ernment was building a road inside the territory of close Indian ally Bhutan.

  Nearby, China also conducted live-fire drills with combat troops.

  But a warm, informal summit between Chinese President Xi Jinping and Indian Pri

me Minister Narendra Modi in April 2018 helped put relations back on a positive track.

  ”The common interests of China and India far outweigh

their differences,” state-run newspaper China Daily said in an editorial at the time.

  The situation is much clearer for China across the border. Pakistan is a longtime f

riend and trading partner of Beijing, described by Chin

ese diplomats as enjoying an “all-weather friendship” with the country.

  Pakistan is also one of the largest buyers of Beijing’s weapons. Between 2008 and

2017, Islamabad purchased more than $6 billion of Chinese arms, according to think tank CSIS.

  It hasn’t all been easy sailing, however. Questions have been raised about the

large debts Pakistan has accrued as a result of Chinese government loans and infrastructure.

  But Pakistan Prime Minister Imran Khan has been determined to keep the special rela

tionship with Beijing strong. “We need to use China as an inspiration to lift our people out of poverty,” he said.

www.gjrcpx.org