ltancy, said: “The lawsuit against Liu will bring damages to the image and reputation of JD, hav
e an impact on investors’ confidence, and cause fluctuations in its share price. Moreover, emp
loyees’ trust in the company may also be affected as the Beijing-based tech heavyweight is laying off staff to cut costs.”
Shen Meng, director of boutique investment bank Chanson & Co, said Liu’s case won’t chan
ge his actual control over JD, which is now making some innovations to reassure investors. Liu owns
15.8 percent of JD’s stock and controls nearly 80 percent of the company’s voting rights.
Liu was detained in Minneapolis, Minnesota, on suspicion of criminal sexual c
onduct on Aug 31 and later released without charge or bail. He returned to China on Sept 3.
In December, Hennepin County Attorney’s Office, the prosecutorial office handling the case announced that no sexual as
sault charges would be brought against Liu as prosecutors could not prove his guilt beyond reasonable doubt.
two local farmers who simply buried it and caused severe environmental degra
dation, according to a local court verdict reached in January of 2017. The company w
as fined 1 million yuan ($148,850), and two senior executives were given suspended jail terms.
In July 2017, a local environmental watchdog fined the company 280,000 yuan for va
rious violations including misconduct in hazardous waste management.
Hazardous waste could potentially be radioactive, toxic, highly corrosive or otherwise ha
rmful to people and the environment. Therefore, these materials require special treatment.
At a news conference in late March, Qiu Qiwen, head of the sol
id waste and chemicals management department of the Mini
stry of Ecology and Environment, said that the proper treatment of hazardous waste and other solid
waste is of great significance as it’s fundamental to improving air, water and soil quality.
Qiu’s department was newly established in the ministry’s latest institutional reshuffle in the second h
alf of last year — a move meant to strengthen governance over hazardous waste treatment.
A 2.9-magnitude earthquake at a depth of 17 kilometers was detected at 1:25 pm on Sunday in Be
ijing’s Haidian district, according to the China Earthquake Networks Center.
Two earthquake experts said the minor quake was a normal activity in the
earth’s crust caused by changes in crustal stress, and th
ere is no need for the public to panic, according to a report on huanqiu.com.
“It is a normal and isolated event,” said Guo Xun, dean of the Civil Engineering
School at the Institute of Disaster Prevention.
“As Beijing is at the junction of the earthquake zones of Shanxi province, the
Hebei Plain and Yanshan Mountain, the city will e
xperience one to two earthquakes at around magnitude-3 degree every year,
according to past exper
ience,” Sun Shihong, a researcher at the
China Earthquake Networks Center, added.
ecially the development of the tourism sector, a pillar industry of China.
In fact, after the four-day holiday was announced on March 22, tourism-related stocks rose sharpl
y. Also, the number of tourists and tourism revenue during May Day holiday this year are set to increase by ab
out 8 and 9 percent year-on-year, respectively, according to China Tourism Academy.
But the actual number of holidays has not increased because April 28 and
May 5 being Sundays are make-up working days. And since there is a debate on whether t
he government should put people’s demand for longer holidays above economic development, the four-day hol
iday without reducing the number of working days will help the government and companies to strike a balance bet
ween maintaining economic development and meeting people’s need for longer holidays.
But why do Chinese people crave for longer holidays? They do so be
cause some employers, especially in some underdeveloped regions, have not given (or
have been reluctant to give) the paid leave to their employees. Besides, national holidays put
President Donald Trump escalated his public feud with the spouse of a top adviser Wednesda
y, attacking counselor to the president Kellyanne Conway’s husband George as “jealous” and a “husband from hell.”
“George Conway, often referred to as Mr. Kellyanne Conway by those who know him, is VERY jealous of his wife’s success & angry that
I, with her help, didn’t give him the job he so desperately wanted,” Trump tweeted, referring to a post at the Justi
ce Department. Conway, a conservative lawyer, withdrew from consideration for the role early in Trump’s presidency.
Trump continued, “I barely know him but just take a look, a stone cold LOSER & husband from hell!”
Wednesday’s tweet marks the first time Trump has publicly weighed in on the Conways’ marriage. While George Conway has
long been critical of Trump, attacks between the two ratcheted up this week when Conway questioned Trump’s men
tal health, tweeting screengrabs of the medical definitions of narcissistic personality disorder and antisocial pers
onality disorder from the Diagnostic and Statistical Manual of Mental Disorders.
“*All* Americans should be thinking seriously *now* about Trump’s mental condition and psychological state, inclu
ding and especially the media, Congress—and the Vice President and Cabinet,” he wrote Monday.