Liu Gang, the founder of PayNews.net, a Hangzhou-based

online news service focusing on China’s mobile payment industry, said to Securities Daily he

expects the run-up of cashless payments will maintain for three to five years until it takes up as much sha

re of consumption as possible, as consumers incrementally wade farther into cashless payments.

Data from PBOC revealed banking financial institutions in 2018 conducted 220.31 billion deals in non-cash paym

ents involving 3,768.67 trillion yuan, a rise of 36.94 percent and 0.23 percent year-on-year respectively.

In the same period non-banking payment institutions, mainly referring to third-party online payment service providers, had 530.61 b

illion deals, surging 85.05 percent, and the transaction volume was 208.07 trillion yuan, up 45.23 percent fro

m the previous year. Mobile payment platforms Alipay and WeChat Pay occupy over 90 percent of market share.

By the end of 2018, a total of 424 commercial banks and 115 payment institutio

ns were connected to a unified clearing platform set up by the Payment and Clearing Association of China, PBOC said.

www.sh419cn.com

Indian billionaire arrested in London over alleged $2B fraud

K police have arrested India’s billionaire diamond dealer Nirav Modi

in London over his alleged involvement in a bank fraud that could be worth $2 billion.

Modi was arrested Tuesday on “behalf of the Indian authorities,” acco

rding to a statement from London’s Metropolitan Poli

ce, and is set to appear at Westminster Magistrates’ Court Wednesday.

Punjab National Bank, one of India’s largest, reported fraudulent activity at one of its branches more than a year ago.

India then issued an Interpol Red Notice for Modi’s arrest and London authorities were asked to pr

oceed with it, said a spokesperson for India’s Enforcement Directorate. The Indian foreign ministry sai

d in a statement it welcomed the arrest, and would seek to extradite Modi as soon as possible.

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We were crying when we heard the news. That’s why we

got on the first flight,” said Gulshad Ali from Auckland, New Zeal

and. “We just came here to support the family and friends and people who’ve been affected.”

Ali said she didn’t know the Mustafas but extended her sympathies to them.

Calls of Allahu Akbar could be heard in surrounding streets as guests were led through Islamic prayers.Mourners attend a fu

neral for victims of the twin mosque attacks at the Memorial Park cemetery in Christchurch on March 20, 2019.

Mourners then emerged from the tent, carrying open wooden bo

xes on their shoulders to the burial site where 50 graves have been dug.

Guests consider it a mark of respect to throw dirt on the graves of the dead to help send them to the next life.

sha419.com

No-deal Brexit happens next week and no one knows if the EU

is deep into its most crucial week since the last one.

On Thursday, Theresa May travels to Brussels to meet with the remaining 27 EU leaders, where she is expected to request an extension to Article 50, the legal

process by which Britain is leaving the EU. If the EU27 agree, as they probably will, Brexit will be delayed beyond the current deadline of March 29. Lea

ving aside the gravity of this epic failure of British Brexit policy, the key question is how long will the delay last?

There are two likely options. The first is a short delay, which Downing Street said on Wedne

sday it would request. This would give the UK government a little more time to get its Withdrawal Agr

eement through Parliament, perhaps sweetened with some changes to the accompanying political declaration.

Or, the EU could offer May a much longer extension, possibly lasting years, to give to the UK more breathing space in which to u

ntangle its Brexit mess. The EU says it would only grant a longer delay if there was a good reason for doing so.

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approaching a European Council summit where thebehavior of

the EU can’t easily be predicted.

The difficulty for the EU is that, long or short, any delay comes with complications. And this is where opinions in European capitals start to diverge.

If the UK hasn’t left the EU by May 22, it might have to take part in elections to the European Parli

amentary elections, which begin the following day. Not doing so could be a breach of the UK’s obligations as a

member state.And if that happens, there is a real concern in Brussels that hardline Euroskeptics could stand for elect

ion, in protest at Britain not yet having yet Brexited. They might find a receptive public, and in turn, join interesting new fr

iends in the European Parliament. Sound far fetched? An EU source recently told CNN of worries in Brussels that far-right figures like To

mmy Robinson could end up as Members of the European Parliament, with all the associated attention that brings.

So a short delay is the preferred option of many in Brussels, especially in the Parliament. But that brings its own set of issues. Fi

rst, there is no guarantee that by the end of it, the UK Parliament would have given a thumbs up to May’s deal. In reality, it cou

ld just mean a delay to a no-deal Brexit that almost everyone claims they want to avoid, but still remains the default legal position.

www.aishedesd.com

Big breakthroughs at major events enshrine a generation of

players, especially when they happen at home. I hope that 10 years la

ter this team of players will still be remembered for what they did at the World Cup.”

Around 8,000 spectators packed into the arena to witness the draw, whi

ch was conducted by Chinese pop star Yang Chaoyue, a member of the idol group Rock

et Girls 101, and NBA legend Kobe Bryant, and was staged in conjunction with FIBA’s global partner Tencent Sports.

After going 0-5 at the 2016 Rio Olympics and failing to qualify for the last World Cup, in 2

014 in Spain, Asian Games champion China is under heavy pressure to deliver an improved performance at home.

Should China emerge from Group A, it will face one of the top two

teams from a tougher-looking Group B, which features Argentina, Russia, South Korea and Nigeria.

shl419.com

According to the action plan, by 2020, 98 percent of admin

istrative villages will have optical fiber internet access and 4G network coverage, helping more villagers out of poverty.

As China’s economy turns toward high-quality development, the country has also quickened the pace of industrial upgrading.

Information consumption can optimize and improve industries, reduce costs and promote quality, W

ang said, adding it’s an important factor to boost industrial structure for higher quality deve

lopment.Chinese tech platform Meituan-Dianping has ousted former champion Apple Inc to take the top spot of t

he 2019 Most Innovative Companies chosen by the US business media outlet Fast Company, according to its official website.

Another Chinese tech giant Alibaba Group grabbed the

No 15 spot among the total 50 winners, sought out from businesses across 35 industries.

Let’s take a look at the top 10 most innovative companies in 2019.

www.xi-dun.cn

It’s essential to always stay close to the latest technology t

better serve the public,” said Shan Jixiang, director of the Palace Museum.

Shan said there is still much room for improvement in the handling of a huge number of cultu

ral relics, such as when the priceless painting Along the River During the Qingming Festival is exhibited again next year.

The Northern Song Dynasty (960-1127) landscape painting is considered the best-known a

ncient Chinese work of art. When it was last exhibited in 2015, visitors stood in long lines until 3 am to get a

glimpse. The museum ended up preparing instant noodles to serve the hungry visitors.

“I don’t want that scenario to recur,” Shan said. “Our operation can be done in a more scientific way.”

The new system will make use of the more than 3,000 closed-circuit television cameras that

are installed all over the Palace Museum. Shan said facial-recognition technology will determine whi

ch areas are most popular with frequent visitors in order to analyze their preferences.

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There haven’t been too many that are bigger emergenc

  than what we have” at our border, he said.Trump was surrounded at Friday’s event by officials fr

om Customs and Border Protection as well as surviving family members of those who have loved ones

killed by undocumented immigrants. Attorney General William Barr was also at the President’s veto event.

  While some lawmakers — including some Republicans — have argued against the President’s use of national emergency power

s in this instance, the Justice Department set forth a robust defense of the President’s authority to do so in a letter

to Senate Majority Leader Mitch McConnell earlier this month, according to a copy obtained by CNN on Friday.

  ”The President acted well within his discretion in declaring a national emergency concern

ing the southern border,” wrote Assistant Attorney General Stephen Boyd, setting out the legal

basis for the proclamation under the National Emergencies Act and additional statutory authorities, which larg

ely tracks an internal memo issued by the Office of Legal Counsel at the Justice Department.

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One witness, who did not want to be named, said he was

  driving by the scene and saw a man with a “with his 3- or 4-year-old

daughter” who had been shot in the back.

  ”He was screaming like get her to the hospital and the ambulance couldn’t come in until it was secured so I just got my truck a

nd loaded up him, and his daughter, and this other guy had been shot in the leg,

and took them to the hospital,” he said.

  One man outside the mosque said that he prayed that the gunman would “run out of bullets.”

  ”I was thinking that he must run out bullets you know, so what I did was

basically waiting and praying to God, oh God please

let this guy run out of bullets,” he said. He said a man told him to remain still

and then the gunman shot the man “straight in the chest.”Christchurch was put

on lockdown, with all schools and council buildings shut and roads closed across the city.

  By 6 p.m. local time New Zealand police said the lockdown on schools had been lifted.

  Police can now confirm the lock down of schools throughout Christchurch has been lifted. We would like

to reassure members of the public that there is a large Police presence in the city

and the safety of the community is our priority.

www.njywsh.com