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Preparations take root for 2014 intl horticulture expo

A sea elf mascot named Qingqing and an emblem named “Colorful Floriculture” have been unveiled for the 2014 Qingdao International Horticulture Expo that will be held from April 25 to Oct. 25, 2014.Covering 241 hectares, it will be the second-largest event in the city’s history following the Olympic Sailing Competition in 2008.It will include 164 hectares of theme gardens, 15.6 hectares of water, a 77-hectare experience area for visitors and a 55-hectare Expo Village to provide logistical support.The inspiration for the emblem is a traditional Chinese character of a man planting a tree. The character means “art” and also represented gardening in ancient times.The sea elf Qingqing reflects the notion that the sea is the cradle of life in Qingdao, which owes its existence and prosperity to the surrounding waters.Qingqing’s designer Wu Guanying from Tsinghua University noted that “sea is the first word people think of about the city.””I used blue to provide visitors with a vivid image of a seashore city,” he said.Li Fengli, secretary-general of the event’s executive committee, said that more than 80 percent of construction on the 2014 Qingdao International Horticultural Expo is already completed and the rest will be finished by the end of the year.The pavement of 12 roads was being finished, along with 92 percent of required pipelines. Concrete is being poured at all buildings, including pavilions.”Gardens for the exposition will import foreign plants and flowers apart from indigenous species,” Li said.”Eighty-five countries have confirmed they will have exhibitions, and 52 have handed in their designs.”

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A sea elf mascot named Qingqing and an emblem named “Colorful Floriculture” have been unveiled for the 2014 Qingdao International Horticulture Expo that will be held from April 25 to Oct. 25, 2014.Covering 241 hectares, it will be the second-largest event in the city’s history following the Olympic Sailing Competition in 2008.It will include 164 hectares of theme gardens, 15.6 hectares of water, a 77-hectare experience area for visitors and a 55-hectare Expo Village to provide logistical support.The inspiration for the emblem is a traditional Chinese character of a man planting a tree. The character means “art” and also represented gardening in ancient times.The sea elf Qingqing reflects the notion that the sea is the cradle of life in Qingdao, which owes its existence and prosperity to the surrounding waters.Qingqing’s designer Wu Guanying from Tsinghua University noted that “sea is the first word people think of about the city.””I used blue to provide visitors with a vivid image of a seashore city,” he said.Li Fengli, secretary-general of the event’s executive committee, said that more than 80 percent of construction on the 2014 Qingdao International Horticultural Expo is already completed and the rest will be finished by the end of the year.The pavement of 12 roads was being finished, along with 92 percent of required pipelines. Concrete is being poured at all buildings, including pavilions.”Gardens for the exposition will import foreign plants and flowers apart from indigenous species,” Li said.”Eighty-five countries have confirmed they will have exhibitions, and 52 have handed in their designs.”

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Preparations take root for 2014 intl horticulture expo

Banking

Bow to Beijing a low move by HSBC

HSBC has put money before morality to back China’s new security law: one that’s an assault on the freedoms of Hong Kong’s people.

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Luckily for HSBC, it’s headquartered in Britain: a country where you can say what you like about Boris Johnson and his shambolic handling of the pandemic.

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Banking

How China’s role in global finance has changed radically

Within the space of just 15 years, China has gone from being the largest net lender to the world to now being a net borrower. The implications for the global economy, and China’s role within that economy, could be significant.

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‘If you owe the bank $1 million, you have a problem. But if you owe the bank $1 trillion, then the bank has a problem’. It’s an old gag, but it underscores an important point: the size of your borrowing or lending can have profound implications for your role in the world.

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Banking

Could China’s financial repression be good for growth?

China’s financial reform and development over the past four decades could be described as strong in establishing financial institutions and growing financial assets, but weak in liberalising financial markets and improving corporate governance.

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When China began economic reform in 1978, it had only one financial institution — the People’s Bank of China. As a centrally planned economy, the state arranged the transfer of funds and there was little demand for financial intermediation.

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