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Alipay, the country’s top mobile payment platform, announced on Tuesday a major anti-fraud u
pgrade on its application by teaming up with 26 public security departments nationwide.
The new function, dubbed “Security Guard”, allows users to set up related accounts among f
amily members or close friends. Should any abnormalities on transactions occur, the system would send
out alerts to all related accounts in order to prevent the fraud from materializing and minimize loss of funds.
“Security is the lifeline of Alipay, and we hope to fight fraud in a manner as harsh as dru
nk driving,” said Rui Xiongwen, vice-president of Ant Financial, Alipay’s parent company.
Alipay users can choose to delay payment for two hours or 24 hours and raise an alert
on the platform if they deem such transactions potentially misdirected or fraudulent.
The system has been linked to local public security authorities to help freeze any transaction
s in doubt. The money will be credited back to the user’s account if authorities determine fraud has been committed.
A number of local anti-fraud centers in cities like Beijing, Shanghai and Shenzhe
n also pledged to cooperate with Alipay on financial security education and anti-fraud alarming systems.
Sciences, a vaccine producer in Changchun, Jilin province, faked production records and used expired material for the production of rabies vaccines over the past four years.
The company was ordered to suspend production, and senior executives
were detained and face criminal charges. The company was ordered to pay fines of 9.1 bi
llion yuan ($1.3 billion) for violations, one of the heaviest fines imposed on a pharmaceutical company over the past few years.
Following the revelations, top officials vowed harsh penalties and reform of the vaccine super
vision system to eliminate loopholes. A new law on the management of vaccines was drafted for review.
Fang Laiying, former head of the Beijing Municipal Health Commission, said he has faith in the overall safety of drugs in Chi
na, but individual cases involving violations of the law can tarnish the image of the whole pharmaceutical sector.
“The government is intensifying its efforts in cases involving violations of drug safety laws, including severely puni
shing criminals and setting up strict accountability systems to improve supervision of the sector,” he said.
Gao, the CDC head, said major infectious diseases such as dengue fever and AIDS will continue to be the priority in disease prevention and control this year.
China and the United States are expected to come to an agreement soon over trade frictions, analysts said, as the negotiating teams a
re reported to be discussing the wording of an accord and considering applying the brakes to their tariff standoff.
They made the prediction after Chinese and US officials said there had been concrete p
rogress on multiple issues in the latest round of trade talks in Washington.
During the latest talks, held from Thursday to Sunday in Washington, the seventh round since February of last year, th
e two sides focused on the text of an agreement, the Chinese delegation said, according to a Xinhua News Agency report.
The negotiators also had made substantial progress on such specific issues as technology transfers, protection of i
ntellectual property rights, nontariff barriers, the service industry, agriculture and exchange rates, the delegation said.
On the basis of the latest progress, the two sides are expected to continue their work
into the next stage, in accordance with the instructions of the two countries’ top leaders, according to Xinhua.
United States is particularly appealing to North Korea, who believes a good relationship with the United States can h
elp create the right environment and necessary conditions for achieving North Korea’s new strategic drive toward ec
onomic development,” said Tong Zhao, a fellow at the Carnegie-Tsinghua Center for Global Policy in Beijing.
The concept isn’t new, of course. During his time as an Asia expert at the State Department in the Clinton administration, Evans Revere said negoti
ators working with North Korea were even then trying to point them to Vietnam, which was beginning to reap t
he benefits of market reforms and becoming a member of good international standing.
”We thought, somewhat naively back then, that this would appeal to the North Koreans gre
atly and that our commitments to work with them on bringing about a modernized economy w
ould be so attractive … that they would stand down from their nuclear weapons program. We were wrong,” Revere said.
”If all of these incentives or this incentive-based approach to coaxing North Korea do
wn a new path did not work when they didn’t have nuclear weapons, and it didn’t work to prevent th
em from developing nuclear weapons, why will it work now that they are in effect a nuclear weapons state?”
”Green Book” won best picture at the Oscars, marking the final twist on a night of historic firsts, filled with suspense until the final prize.
Despite controversies surrounding the film, and many outspoken critics, the per
iod drama about race relations in the 1960s felt like a more conventional best-picture choi
ce than its two top rivals, both of which had to overcome key hurdles: “Black Panther” represented the fi
rst superhero movie to earn such recognition, while “Roma” not only would have been the first foreign-lan
guage winner, but was likely hobbled by those who still see its distributor, Netflix, as an upstart in the movie world.
The Oscars compensated for a host-free ceremony with a nigh
t of breakthroughs, moving briskly through the categories in a concerted effort to sh
orten the run time, amid a night marked by greater inclusiveness and that spread the wealth among the nominees.
Award voters extended honors to a number of blockbusters, including “Black Panther,” which
earned several technical awards; and “Bohemian Rhapsody,” the biography of Queen and the band’s fron
tman, Freddie Mercury, earned four Oscars — the most of any film — including Rami Malek’s first for the central role.
seemed indicative of what was already deemed one of the most wide-open races i
n years, given the lack of consensus among guild awards leading up to Sunday’s event.
Perhaps no surprise came bigger than best actress, as “The Favourite’s” Olivia Colman upset
seven-time nominee Glenn Close, who had marched through awards season with enough victories to m
ake her a presumptive favorite. (Colman, in an emotional speech, practically apologized to Close for wi
nning.)s for politics, a recurring theme involved the Trump administration’s immigration polices, including an early jo
ke from Maya Rudolph that among the things that wouldn’t be happening during the telecast, “Mexico is not paying for the w
all.” For his part, Malek referenced being a first-generation American, the son of Egyptian immigrants.
Still, the most overt and rousing rejoinder belonged to Spik
e Lee — a winner for adapted screenplay for his movie “BlacKkKlansman” — who pointed to
the 2020 election, urging people to “be on the right side of history. Let’s do the right thing!” Congressman and civil-rig
hts icon John Lewis also received a prolonged ovation, introducing “Green Book.”
erse expertise should be established, while personalized and differentiated financial products that suit market demand should be developed, he said.
The number of small and medium-sized financial institutions as well as their proportion o
f businesses should be increased, while financial services to the small and micro firms as well as agr
iculture, rural areas and rural people should be improved, Xi said.Xi stressed the need to establish a standard, tra
nsparent, open, dynamic and resilient capital market that has sound fundamental institutional arrangements, pr
oper management on market access and exit and tightened full-process supervision on transactions.
He said that financial services conducive to the development of industr
ial, market, regional and green development systems of a modernized economy shall be provided.
An all-around and multi-level financial service system including ve
nture capitals, bank loans and bond and stock markets shall be put in place, he said.
NEW YORK — A Boeing 767 cargo jetliner with three people on board crashed into a bay near Housto
n’s George Bush International Airport on Saturday, said the US Federal Aviation Administration (FAA).
It is unlikely that anybody could have survived, said Brian Hawthorne, sheriff of the Chambers County of the US state of Texas.
Hawthorne told local newspaper Houston Chronicle that police have found human remains at the si
te of the crash and investigators have recovered parts of the plane, the largest at 50 feet (around 15 meters) long.
The twin-engine plane, operated by Atlas Air, was flying from Miami to Houston wh
en it crashed shortly before 12:45 pm local time (1845 GMT), said the FAA, add
ing that radar and radio contact was lost with the aircraft at around 30 miles (48 km) southeast of the airport.
The US National Transportation Safety Board will be in charge of the investigation, it said.
Meanwhile, Atlas Air said the flight was being operated for Amazon.
“Our main priority at this time is caring for those affected and we will ensure we do all
we can to support them now and in the days and weeks to come,” Atlas Air said in a statement.
keep up with soaring prices of medications and medical instruments, doctors tell CNN.
European banks, fearing secondary US penalties, are reluctant to do business with Iranian companies even those not blacklisted b
y the US. Medical companies have had to resort to paying intermediaries exorbitant sums to secure ne
eded supplies, including imported medicines and medical instruments which have more than tripled in value du
ring Iran’s rapidly dropping currency, health professionals explain.Sanctions is the first problem in our country and in ou
r system. We can’t transfer the money and make the preparations for surgery. It’s a big problem for us,” says Dr. Mo
hammad Hassan Bani Asad, managing director of the Gandhi Hotel Hospital. “We have the procedures, but we don’t hav
e the instruments. It is very difficult for patients and maybe leads to death of some patients.”
Though most of Iran’s medicines are domestically manufactured, much of the primary materials, m
any of them imported, are in short supply. And while the state provides universal healthcare, so
me of the treatment needed for critical cases cannot be covered by state insurance.
meting purchasing power across the country. It’s a situation, Emami says, that has made a lot of treatable cases lethal.
”I have a patient upstairs … I diagnosed him with brain cancer. The cost of biopsy, the chemotherapy and medication is
very high. So, the family asked me if I could leave him be,” says Emami. “Every day, we see this story here.”
Even when families can afford medical equipment they often join long waiting lists. Cardia
c pacemakers are in short supply in the country, and patients must abandon their regular lifestyles, an
d become admitted to hospitals where they are hooked up to a cardiac machine.
Emami tells CNN that some families are opting out of paying for feed
ing tubes for relatives with advanced Alzheimer’s disease. Without the feeding tubes, the pat
ients spend the rest of their days wired to machines in hospitals, instead of receiving home care.