FTC, U.S. states sue Facebook for illegal monopolization

(Xinhua)13:13, December 10, 2020

WASHINGTON, Dec. 9 (Xinhua) — The U.S. Federal Trade Commission (FTC) on Wednesday filed a lawsuit against Facebook, accusing the tech giant of forming an illegal monopoly through years of anticompetitive practices.

The complaint alleges that Facebook has engaged in a systematic strategy to eliminate threats to its monopoly, which included its 2012 acquisition of up-and-coming rival Instagram, 2014 acquisition of mobile messaging app WhatsApp, and the imposition of anticompetitive conditions on software developers.

This course of conduct harms competition, leaves consumers with few choices for personal social networking, and deprives advertisers of the benefits of competition, the FTC said in a statement.

The agency said it is seeking a permanent injunction in federal court that could require divestitures; prohibit Facebook from imposing anticompetitive conditions on software developers; and require Facebook to seek prior notice and approval for future mergers and acquisitions.

Facebook, however, called the lawsuits revisionist history, arguing that antitrust regulators already reviewed the acquisitions of Instagram in 2012 and WhatsApp in 2014, and allowed these deals to move forward.

Now, many years later, with seemingly no regard for settled law or the consequences to innovation and investment, the agency is saying it got it wrong and wants a do-over, said Facebook Vice President and General Counsel Jennifer Newstead in a blog, noting that two FTC commissioners voted against the action.

Facebook, the worlds dominant personal social networking service, generated revenues of more than 70 billion dollars and profits of more than 18.5 billion dollars last year alone, according to the FTCs complaint.

The lawsuit follows a lengthy investigation in cooperation with a coalition of attorneys general of 46 states, the District of Columbia, and the U.S. territory of Guam.

Chinas steel imports report steep Jan.-Oct. rise

(Xinhua)10:15, December 07, 2020

BEIJING, Dec. 6 (Xinhua) — Chinas steel imports registered rapid growth in the first 10 months of the year, while the decline in exports narrowed, according to the Ministry of Industry and Information Technology (MIIT).

The countrys steel imports surged 73.9 percent year on year to over 17 million tonnes in the Jan.-Oct. period. The growth was up 1.7 percentage points from the first three quarters, MIIT data showed.

Around 44.43 million tonnes of steel was exported in the first ten months, down 19.3 percent year on year, narrowing the decline by 0.3 percentage points from the first three quarters.

In October, the countrys steel imports registered an 87.6-percent growth to 1.93 million tonnes, while exports reached around 4.04 million tonnes, down 15.5 percent year on year.

Amid solid efforts to bolster the economy, the countrys major steel firms saw sales revenue grow 7.2 percent year on year to 3.8 trillion yuan (about 580 billion U.S. dollars) in the first 10 months.

Taiwans exports to mainland hit new high

(Xinhua)09:25, December 08, 2020

TAIPEI, Dec. 8 (Xinhua) — Taiwans exports to the mainland and Hong Kong reached 136.74 billion U.S. dollars in the first 11 months of this year, a new high for the same period, the islands finance authority said Monday.

The figure meant a 14-percent increase year on year and accounted for 43.8 percent of Taiwans total exports in this period, the authority said in a press release.

In November alone, the islands exports to the mainland and Hong Kong reached 14.46 billion U.S. dollars, also the highest of the same month in previous years, and up by 17.2 percent year on year, it said.

The number accounted for 45.2 percent of Taiwans total exports in November.

The islands imports from the mainland and Hong Kong in the first 11 months of this year increased by 10.2 percent year on year to 58.42 billion U.S. dollars.

In November, the islands imports from the mainland and Hong Kong soared by 35.7 percent year on year to 6.71 billion U.S. dollars.

Taiwans total exports in November reached 31.99 billion U.S. dollars, up by 12 percent year on year, and total imports climbed by 10 percent year on year to 26.72 billion U.S. dollars.

The authority attributed the increase of exports to the booming new technology industry despite the continuous economic slowdown amid the COVID-19 pandemic.

It said that the islands exports would probably maintain a favorable momentum thanks to the shopping season and continued demand for new communication and computer technologies.

Shenzhen Bay control point to provide round-the-clock cargo clearance service HKSAR govt

(Xinhua)10:10, December 08, 2020

HONG KONG, Dec. 7 (Xinhua) — A spokesman of the Hong Kong Special Administrative Region (HKSAR) government announced on Monday that the Shenzhen Bay Control Point (SBCP) will provide round-the-clock cargo clearance service starting from 0:00 on Dec. 10.

The SBCPs original operating hours were from 6:30 a.m. to 0:00 daily.

In the 2019 Policy Address, the chief executive announced the HKSAR governments plan to extend the operating hours of the SBCP to 24 hours by phases in 2020. Due to the COVID-19 epidemic situation, the Hong Kong and Shenzhen governments agreed to put on hold the implementation of such plan, the spokesman said.

In response to the COVID-19 epidemic situation, the Hong Kong and Shenzhen governments have formulated effective quarantine measures for cross-boundary goods vehicle drivers under the co-operation mechanism on joint prevention and control to ensure the stable supply of commodities and food to Hong Kong on one hand, and strictly prevent cross-boundary transmission of COVID-19 on the other hand.

To further support the logistics flow between the two places and to progressively implement the East in East out, West in West out planning strategy for cross-boundary goods traffic, the Hong Kong and Shenzhen governments decided after discussions to extend the operating hours of cargo clearance to 24 hours at the SBCP, the spokesman said.

After extending the cargo clearance operating hours at the SBCP, both the Hong Kong and Shenzhen governments will continue to stringently carry out quarantine measures for cross-boundary goods vehicle drivers to prevent the transmission of COVID-19, the spokesman stressed.

Due to the epidemic development, the operating hours of passenger clearance have been adjusted to 10:00 a.m. to 8:00 p.m. daily.

The governments of the two places will consider when to implement round-the-clock passenger clearance at the SBCP with regards to the epidemic development, the spokesman added.

Chinas forex reserves rise in November

(Xinhua)10:19, December 08, 2020

BEIJING, Dec. 7 (Xinhua) — Chinas foreign exchange reserves grew to 3.1785 trillion U.S. dollars at the end of November as the countrys forex market continued to run steadily, official data showed Monday.

The amount was up by 50.5 billion dollars, or 1.61 percent, from the end of October, according to the State Administration of Foreign Exchange (SAFE).

The COVID-19 pandemic, progress in vaccine development, and expectations on the monetary and financial policies of major economies contributed to a lower U.S. dollar index and stronger non-U.S. dollar currencies, said SAFE spokesperson Wang Chunying.

Wang attributed the monthly rise in forex reserves to the combined effects of currency translation and changes in asset prices.

The spokesperson expected the countrys forex market to remain basically stable and flexible with bi-directional volatility, despite rising risks in the international financial market amid a raging COVID-19 pandemic and uncertain global economic outlook.

New Italy study adds to evidence that coronavirus was in-country months before first official case

(Xinhua)10:25, January 13, 2021

ROME, Jan. 12 (Xinhua) — Evidence that the coronavirus circulated in Italy months before its first formal detection has continued to mount, after researchers at the University of Milan revealed that a skin biopsy on a 25-year-old woman showed the presence of the coronavirus in Italy in November 2019.

That evidence is added to earlier research, also from the University of Milan, which in December discovered coronavirus antibodies in a four-year-old boy who fell ill in late November 2019.

Additionally, Italys National Cancer Institute said its research in November 2020 showed four Italian cancer test subjects had coronavirus antibodies in early October 2019, meaning they would have been infected in late September. That is three months before the first case of COVID-19 announced in China, and five months before the first official case in Italy in late February 2020.

In both of those cases, doctors and researchers told Xinhua that the evidence of the early detection of the coronavirus in Italy did not cast doubt on the origins of the virus. But it does help create a clearer picture of how the virus spread.

The latest data, which was published in the British Journal of Dermatology on Jan. 7, is based on the analysis of skin biopsies performed between September and November 2019. According to a statement from the University of Milan, skin pathologies can be a symptom of coronavirus infection in 5 to 10 percent of cases. So it is possible, the university said, the skin issue the 25-year-old woman sought treatment for was actually a symptom of the coronavirus.

That makes it similar to the earlier case involving the four-year-old boy, also in Milan, who was hospitalized after developing flu-like symptoms and a skin rash. The initial diagnosis for the boy was measles, an easily curable viral infection common in children.

There has been a speculation in Italian media that the presence of the coronavirus so much earlier could help explain reports of a particularly severe flu season in Milan between October and December 2019.

In a bulletin dated Dec. 24, 2019, a week before the first official case reported in Wuhan, Italys Ministry of Health reported high levels of unusual strains of flu and pneumonia concentrated in the area around Milan and appearing in 17 of Italys 20 regions.

On Jan. 7, 2020, Corriere della Sera, Italys most widely-read newspaper, ran an article about inflammation in patients apparently caused by the Pneumococcus bacterium, but noting that some cases seemed to be caused by a virus. The article said some hospitals in Milan had to use extra beds to accommodate the unusually high number of patients.

The latest developments come as COVID-19 cases continues to surge in Italy. On Tuesday, the countrys Ministry of Health reported more than 14,000 new coronavirus infections and 616 new deaths over the previous 24 hours.

Since the start of the pandemic, Italy has recorded more than 2.3 million COVID-19 cases and nearly 80,000 deaths, making it one of the hardest-hit countries in the world.

China issues plan on building rule of law

(Xinhua)08:10, January 11, 2021

BEIJING, Jan. 10 (Xinhua) — China has issued a plan on building the rule of law.

The plan to build the rule of law in China (2020-2025), issued by the Communist Party of China (CPC) Central Committee, states that the rule of law is a hallmark of human civilizations progress, as well as the basic way of governance.

It is also an everlasting pursuit of the Party and the Chinese people, it adds.

The plan calls for efforts to resolutely adhere to the path of socialist rule of law with Chinese characteristics.

It emphasizes that law-based governance in all areas must be elevated to a position that has overall, strategic and fundamental significance, as China embarks on a new quest to fully build a modern socialist country.

The plan lays out basic principles for building the rule of law in China, including upholding the centralized and unified leadership of the CPC, following the people-centered philosophy, and focusing on solving problems.

The plan states that effective checks and supervision of the exercise of power, full protection for the legitimate rights and interests of the people and the establishment of faith in the rule of law are among the overall objectives.

A system of distinctively Chinese socialist rule of law shall take shape by 2025 and be basically formed by 2035, according to the plan.

The plan puts forward reform and development measures in a range of areas, including comprehensively implementing the Constitution and putting in place a complete system of laws, an efficient system for law enforcement, a rigorous legal supervision system, a strong system of legal guarantee, and a sound system of intra-Party regulations.

It also includes chapters on safeguarding Chinas sovereignty, security and development interests in accordance with the law, and strengthening the Partys centralized and unified leadership over the initiative to build rule of law in China.

As the first special plan for advancing rule by law in the country since the founding of the Peoples Republic of China, the document is a guiding document for promoting law-based governance in China in the new era and meets the peoples new demands and expectations on democracy, rule of law, fairness, justice, security and environment, according to the Office of the Commission for Overall Law-based Governance of the CPC Central Committee.

All localities and departments should formulate implementation plans in light of their actual conditions to ensure that all planned tasks and measures are implemented, it said.

American-style democracy faces backlash

(Peoples Daily Online)10:47, January 11, 2021

On Jan. 6, supporters of U.S. President Donald Trump stormed the Capitol in a chaotic riot, aiming at forcing lawmakers to overturn Trumps election defeat.

One woman was shot and killed during a violent clash with police, and three other supporters of Trump died after suffering “medical emergencies.”

Supporters of U.S. President Donald Trump gather near the U.S. Capitol building in Washington, D.C., the United States, Jan. 6, 2021. (Xinhua/Liu Jie)

Today, the U.S. has to swallow its own bitter fruit, with the actions denounced as a violent clash by the mainstream media in the U.S.

This ironic circumstance is summed up by Mohamad Safa, a Lebanese diplomat and Permanent Representative to the United Nations: If the United States saw what the United States is doing in the United States, the United States would invade the United States to liberate the United States from the tyranny of the United States.

The COVID-19 pandemic has brought unprecedented challenges to the values of democracy, freedom and human rights that the West has taken delight in talking about. People seem to find out that the reality has revealed contradictions and double standards.

If, in the face of such a straightforward, transparent, and thorough reality drama, some peoples myths and obsessions about democracy, freedom, and human rights in the West cannot be shattered, then the only hope for the time being should be pinned on more rational analysis.

Is democracy a means or an end or a combination of both? Should democracy solve the problem of fairness or efficiency? Should democracy safeguard procedural justice or substantive justice or give consideration to both? Mankind’s exploration and thinking over democracy has never stopped.

This kind of thinking and exploration, including the experience from the western world, is generally beneficial. The democratic system of the West, including the U.S., did play its due role in history when it comes to exploring the human system.

However, anyone, who tries to put an end to such exploration and thinking with a specific form to realize democracy, such as the democratic system in the West, and is ambitious to believe in the end of history,” is bound to face a backlash from democracy.

It is clear that the democratic arrogance boosted by economic power and the calculation of interests driven by global expansion have made the U.S. dizzy. It brazenly wants to sell its own democracy to the world, at all costs, including the use of force.

The problem is that the West overestimates its strength in the evolution of human society. Facing the history of human society, it should be in awe and understand that its exploration cannot represent human society and that it cannot build a comprehensive picture of human society.

The democratic exploration and practice in the West are more like regional records, incomplete generalizations and periodic summaries of human exploration of systems, which are simply not universally applicable. This reality has been proved by more and more practices, and western countries, including the U.S.

The U.S. regards itself as a decision-maker of the international community, whereas other countries seem to have no choice but to obey its orders. However, due to the lack of fairness and justice, the country’s self-righteous morality seems to be inappropriate.

As the general trend of the rise of the East and decline of the West has become increasingly prominent, the U.S. ambition to dominate the world is becoming more and more untenable.

It is evident that the negative consequences of the export of democracy by the U.S. have appeared in many countries. The gunshot at the U.S. Capitol shows that the bitter fruit of democracy will eventually have to be swallowed by the U.S. itself.

Boeing to provide six solar arrays for intl space station

(Xinhua)08:37, January 12, 2021

SAN FRANCISCO, Jan. 11 (Xinhua) — Boeing announced on Monday that it will support the International Space Stations (ISS) growing research capabilities and commercial opportunities with new solar arrays to increase the orbiting laboratorys power supply.

The modification to Boeings ISS sustainment contract with NASA calls for Boeing to deliver six additional solar arrays to NASA for installation beginning in 2021, the announcement said.

The new 63-foot-by-20-foot (19-meter-by-6-meter) arrays will together produce more than 120 kilowatts of electricity from the suns energy, enough to power more than 40 average U.S. homes.

Combined with the eight original, larger arrays, the hardware will provide a 20 percent to 30 percent increase in power. The arrays will provide the ISS with electricity to sustain its systems and equipment, plus augment the electricity available to continue a wide variety of public and private experiments and research in the stations microgravity environment, according to the announcement.

These arrays, along with other recent upgrades to the stations power system and data-transfer speed, will ensure that ISS remains an incubator and business model in the commercial space ecosystem for the coming decades, said John Mulholland, ISS vice president and program manager for Boeing.

Boeing is the prime contractor for ISS sustainment, according to the company.

New process more efficiently recycles excess CO2 into fuel study

(Xinhua)09:08, January 12, 2021

CHICAGO, Jan. 11 (Xinhua) — A study of the University of Illinois (UI) introduces an electrochemical reaction, enhanced by polymers, to improve CO2-to-ethylene conversion efficiency over previous attempts.

In the study, the researchers combined the copper ions and polymers into a solution, then apply that solution to an electrode, entraining the polymer into the copper.

They found that the new polymer-entrained electrodes were less likely to break down and produced more stable chemical intermediates, resulting in more efficient ethylene production.

We were able to convert CO2 to ethylene at a rate of up to 87 percent, depending on the electrolyte used, said UI graduate student Xinyi Chen. That is up from previous reports of conversion rates of about 80 percent using other types of electrodes.

With the development of economic sources of electricity, combined with the increased interest in CO2-reduction technology, we see great potential for commercialization of this process, said UI chemistry professor Andrew Gewirth.

Allowing CO2 gas to flow through a reaction chamber fitted with copper electrodes and an electrolyte solution is the most common method researchers use to convert CO2 to useful carbon-containing chemicals. Previous studies have used other metals and molecular coatings on the electrode to help direct the CO2-reduction reactions. However, these coatings are not stable, often break down during the reaction process and fall away from the electrodes.

The study, posted on UIs website on Tuesday, has been published in the journal Natural Catalysis.