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駆け寄って、ぽんと肩叩いて、「今、帰り?」って言って、どちらかがバンビに寄ろうかって提案して……

Complex reshaping of industry chains means Sino-US



  The US and Mexico have reportedly reached a breakthrough in efforts to revamp the North American Free Trade Agreement. Some may believe the progress made by the US in advancing free trade is good news for the ongoing trade tension between China and the US, but the trade dispute between the world's two largest economies is unlikely to end soon.
  US president Donald Trump pulled the US out of the Trans-pacific partnership in his first week in office, creating the impression that his administration has a deep disdain for free trade agreements (FTAs). However, although Trump is not a big supporter of multilateral FTAs, the breakthrough made by the US and Mexico suggests that Washington is trying to maximize US benefits by advancing bilateral FTAs.
  Bilateral deals are likely to help the US gain more bargaining power in negotiations that have far fewer participants than multilateral FTAs. The US is the world's largest economy and the most important trade partner for many countries, giving Washington an edge over his opponents in bilateral talks.
  With "America First" as a guiding principle, the US is trying to rewrite the rules of global trade and economics. The US and Mexico agreed to a sweeping trade deal that pressures other economies like Canada to accept high standards when it comes to issues such as vehicle trade. It seems the US wants to foster a high-standard global free trade network to reshape the global manufacturing chain. The talks between the US and Mexico are only one part of a long-term effort to bring manufacturing back to the US. China and the US have grown highly interdependent in economic terms, so some observers don't think there will be a full-scale trade war, because trade friction is actually a double-edged sword for both sides and will hurt the US economy.
  However, it is precisely because of this interdependence that the US has to start a trade dispute to re-shape the manufacturing chain between the two countries. This will be a key part of US efforts to bring manufacturing back home.
  Even if China and the US can make headway in bilateral talks, the trade dispute is likely to become a protracted one, because the adjustment of the manufacturing chain is a long process. China should be prepared for a long-lasting trade conflict and try to take advantage of its economy to protect its manufacturing sector.

Israel, China should cooerate on ‘disrutive innovation’ : minister


  Israel, which is dubbed one of the world's innovation harbors, could cooerate more with China, so its disrutive innovation can be alied in the massive Chinese market, Ohir Gore, head of trade and investment at Israel's Ministry of Economy and Industry (MEI) told the Global Times on Thursday.
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  The comment was made on the sidelines of a ceremony marking a global innovation accelerator rogram launched jointly by the MEI, tech comany Shengjing360.com and start-u DayDayU in Beijing. It is the MEI's first overseas innovation accelerator.
  "In Israel, we have disrutive technologies like mobile eyes, but we do not have a huge market. On the contrary, China has a large market and unicorns that need to know about disrutive technologies and need to be reared," Gore exlained. "Comanies in Israel are small, and do not ose a threat to Chinese ones and there are only oortunities [for cooeration] for both sides."
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  Some Chinese tech firms like Huawei, Fosun and Alibaba have already established research and develoment (R&am;D) centers in Israel, according to Gore. "Right now, almost all big US comanies have set u their main R&am;D centers in Israel, so in the next few years, we can see more Chinese comanies oerating R&am;D centers in Israel too."
  He also noted that Israeli technology could achieve synergy with Chinese comanies in such sectors as auto and environmental rotection.
  Commenting on China's technological innovation, Gore added that "it is out of date to say that China is the country of original equiment manufacturing."
  "The nation is now narrowing down the ga with the most cutting-edge technologies around the world," Gore said .

mischief between you and master

"Ah! then, probably he opened the gate from the inside, and when he met you he was too startled to take it out of the lock.--And the smaller key--that belonging to the little gate, Mr. Inspector?"


"It is hanging on the wall of the counting-house now."
"Then you know----"


"I know nothing," snapped the man angrily, and wiping his swarthy face with a duster. "Master sent me to London last night, as you knew, missy. I only came down by the morning train, and walked here, in time to find you with Mrs. Snow. What did she want?"


Beatrice smiled faintly in her turn. "Subscriptions for the church spire, which was blown down last night."


"Oh! That was the excuse?"


"Excuse for what, Durban?"


"To see you, missy, and learn---- But there!" Durban turned away. "She came here to make . Thank Heaven he is dead, and you will get the money. Mrs. Snow can't harm you now."


"Why should she wish to harm me, Durban?"


"That's a long story, missy. Now that the master is dead, I can tell it to you. But first we must learn who killed----"


"I know," interrupted Beatrice quickly; "a tall man, with a black patch over his left eye."


Durban turned greener than ever. "How do you know that, missy?" he asked in a strangled voice.


"I saw him when the gates were open, about nine o'clock last night."


Durban looked at her sharply. "Then you did go for that walk, missy?"


"Yes, I had to. Mr. Paslow wished to see me. Durban"--she made a step forward, and clutched his arm tightly--"I'll tell you what I don't intend to tell any one else," and without giving the man time to make an observation, she related the whole story of her adventure, suppressing only the episode of the handkerchief. This she did, so as to avert any possible suspicion from Vivian, since Durban, knowing that Paslow had been with her, would not connect him with the crime--that is, if he was stupid enough not to calculate the time, and thus prove the futility of the alibi.


Durban listened quietly enough. "I am glad that Mr. Paslow will marry you, missy," he said at last, and removed her grasp from his arm. "You will inherit a lot of money from the dead master. It ought to be twenty thousand a year!"


"But, Durban, Mr. Alpenny told me very plainly that if he died, I would be a pauper."


"I don't believe it," burst out the half-caste; "he would not dare to--to----" Here he halted and stammered, "C--c--curse him!"


"Durban!" She stepped back a pace in sheer amazement at the savagery of the tone.


"Dead, or alive, curse him!" cried Durban, his voice gathering strength from the intensity of his hate. "He was a scoundrel--you don't know how great a scoundrel. Missy"--he grasped her arm in his turn--"you shall have the money, I swear it. Then marry Mr. Paslow, and go away for a few years, till all blows over."


"Till what blows over?" asked Beatrice anxiously.


"Hush!" Durban let go her arm, and controlled himself by a violent effort. "The police! Say as little as you can. You know nothing--I know nothing."


"Durban, are you afraid?"


"Of Mrs. Snow. Hush!"


The last words were scarcely out of his mouth when the two policemen, who had entered the gates left open by Mrs. Snow, came up to them with important airs. The sergeant was stout and short, the constable lean and tall.


"We take possession of this place, miss," said the stout man breathlessly.


"In the name of the King and the law," finished the lean person.


"And anything you say will be used in evidence against you," they both murmured in a breath, then stared sternly at the startled girl and the green-hued half-caste.


"Do what you like," said Beatrice, drawing herself up; "neither myself nor Durban know anything."


"But----" began the sergeant, snorting with excitement.


"I will answer all questions at the proper time, and at the proper place," said Miss Hedge, cutting the plethoric man short. Then she retired into her bedroom and shut the door.