Trump could try to sell North Korea a Vietnam model. But

The night before his historic summit with US President Donald Trump last June, North Kore

an leader Kim Jong Un took a surprise stroll in downtown Singapore to see the sights of the wealthy capitalist city.

The inference seemed clear. If cash-strapped Pyongyang chooses to engage the world — and ditch its nuclear weapons — this could be its future.

Trump and Kim will this month have an even more symbolic backdrop for their next mee

ting: Vietnam, a country which transformed itself from bitter US enemy to peaceful partner in less than 50 years.

Experts believe the Trump administration plans to sell North Korea on a model such as communist Vietnam, hig

hlighting its relationship with Washington as well as its economic boom since adopting market reforms. And all th

e North Koreans have to do, Washington is expected to say, is give up their nukes.

Yet analysts are wary such a sales pitch will produce any tangible outcome. North Korea

knows how capitalism and market economies work: it’s just chosen not to embrace them.

China has for years been prodding the North to embrace economic reform, dragging for

mer North Korean leader Kim Jong Il on tours of capitalist enterprises whenever he visited.

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i said preventing and defusing financial risks, especially

  systemic financial risks, are the fundamental tasks of financial work, calling for accelerated construction of the fina

ncial market infrastructure and advanced efforts to nationalize key information infrastructure in the sector.

  He also urged solid statistics in the financial sector and improvement in the warning system and rules on information disclosure and management.

  Education and supervision of senior officials of financial institutions and regulators sh

ould be enhanced, and more should be done to fight corruption in the financial sector, Xi said.

  He called for dynamic supervision of domestic and cross-border capital flow to enable financial watchdogs to fully monitor all flows.

  Xi said tasks for the reform and opening-up of the financial sector should be well implem

ented, calling for the preparation and the rolling-out of new reform and opening-up measures based on

the latest development of global economy and finance as well as the strategic needs of China.

  Reforms including revamps on market access system and trading regulations should be deepened, and regulators should take a two-pronged appr

oach of enforcing both macro-prudential management and micromanagement of behaviors, he said.

  He said those causing major financial risks due to their breaches such as lax regula

tion, cover-ups or decision-making failures must be held accountable and face serious punishment.

  Efforts should be made to address the current situation where the costs of legal and

regulatory breaches in the financial sector, especially capital markets, are too low, Xi said.

  Xi urged enhancing the global competitiveness of China’s financial sector, elevating the two-way opening-up to a highe

r level and beefing up capabilities of financial management and risk prevention and control amid greater opening-up.

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Mine accident leaves 21 dead, 29 hurt in Inner Mongolia

  An accident at a coal mine in Inner Mongolia that claimed 21 lives and injured 29 was c

aused by a brake glitch that forced a vehicle to go out of control and hit a ramp, according to local authorities.

  The accident occurred at about 8:20 am on Saturday at a mining company in North

China’s Inner Mongolia autonomous region, when a vehicle was transporting 50 workers to the mine.

  The cause of the accident is under investigation. All 29 injured were rushed to hospital and were in stable condition.

  Fu Jianhua, vice-minister of emergency management, arrived at Inner Mongolia

at 22:00 pm on Saturday with a team to supervise the rescue and investigation work.

  An emergency center which included four working teams for medical service, security and safety was set up.

qiancengdian.cn

DPRK leader leaves Pyongyang for Hanoi for second DPRK

PYONGYANG — Kim Jong-un, top leader of the Democratic People’s Republic of Korea (DPRK), left here Saturday afternoon by train f

or Vietnamese capital Hanoi for the second DPRK-US summit, the official Korean Central News Agency (KCNA) reported Sunday.

Kim will meet with US President Donald Trump there on Feb 27-28. Their first meetin

g was held in June 2018 in Singapore, which resulted in improved bilateral relations.

Kim will pay an official visit to Vietnam at the invitation of Vietnamese President Nguyen Phu Trong before his meeting with Trump.

Kim was accompanied by Kim Yong-chol, Ri Su-yong, Kim Phyong-hae and O Su-yong, members of th

e Political Bureau and vice-chairmen of the Central Committee of the Workers’ Party of K

orea (WPK), Ri Yong-ho, member of the Political Bureau of the WPK Central Com

mittee and foreign minister, No Kwang-chol, alternate member of the Po

litical Bureau of the WPK Central Committee and minister of the People’s Armed Forces, among others, said the KCNA.

Kim was seen off at Pyongyang Railway Station by Kim Yong-nam, Choe Ryong-hae and Pak Pong-ju, members of the Presidium of the Political Bureau of the Cen

tral Committee of the WPK, and other senior officials of the party, government and armed forces, said the KCNA.

headun.cn

In their article, the Conservative ministers warned that econom

  national security, and peace in Northern Ireland would be compromised in the case of a no-d

eal Brexit, and added the scenario would risk inflaming the nationalist sentiment in Scotland.

  ”Far from Brexit resulting in a newly independent United Kingdom, stepping boldly into t

he wider world, crashing out on March 29 would see us poorer, less secure and potentially splitting up,” they write.

  Rudd, Clark and Gauke also cautioned members of the European Research Gro

up (ERG), a Parliamentary alliance whose members advocate for a no-deal Brexit and have previously voted do

wn May’s deal, that their lack of cooperation would be responsible for a postponement in the Brexit process.

  ”It is time that many of our Conservative parliamentary colleagues in the ERG recognized that Parliament will stop a disastrous No Deal Brexit on Mar

ch 29. If that happens, they will have no one to blame but themselves for delaying Brexit,” they wrote.

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However, a one-hour extension is less time than many

  voters have spent in line to cast their ballots in the crucial election.

  The incumbent, Muhammadu Buhari, 76, is running against 71 other ca

ndidates, but his main challenger is Atiku Abubakar, a 72-year-old business tycoo

n and former vice president. They are both Muslim candidates from the north of the country.

  When Buhari, a former military ruler, was elected in 2015, it wa

s the first peaceful transition of power in Nigeria. He promised to offer a clean sweep of the old

routine, but many have been left disillusioned and angry at the rising levels of inequality and extreme poverty.

  More than 84 million people registered for the vote in Africa’s largest economic p

ower, according to data from the Independent National Electoral Commission.

  Videos have surfaced on social media reportedly showing the burni

ng of ballot papers and disruption of the electoral process in various parts of the country.

www.shlfec.com

Venezuelan troops defect at the border with Colombia

  Three members of the Venezuelan National Guard defected Saturday at Venezuela’s border with Colombia, the Colombian immigration department said.

  The troops abandoned their posts at the Simon Bolivar International Bridge on the Colom

bia-Venezuela border and requested help from Colombia’s immigration officials.

  Also Saturday, soldiers with Venezuela’s National Guard

fired tear gas and rubber bullets at protesters who were demanding to cross the border at Ur

eña into Colombia to work, according to a CNN crew that witnessed the scene at the Tienditas Bridge.

  Workers faced off with the soldiers, chanting, “We want to work!” before being disperse

d by the tear gas. Men with shirts covering their faces started throwing rocks toward the guard.

  US argues momentum for change in Venezuela is growing despite border violence

  These tense scenes played out Saturday, a day after violence broke out at a Venezuelan town near the border wit

h Brazil over aid delivery, leaving two people dead and 17 others injured, local authorities said.

  Tensions are running high at Venezuela’s borders amid opposition plans to usher aid into the country this weekend

in defiance of President Nicolas Maduro’s wishes. Maduro called on Venezuelans to “mobilize” Saturday. “Let’s

all take to the streets to defend our independence with conscience and joy,” Maduro said on his official Twitter account.

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Emami recalls a family meeting in which an elderly woman’s

  children decided to go against his advice to discharge their mother with Alzheimer’s disease: “(The children) told me the patient is yours. We don’t have any money to spend on her.”

  ”I explained to the children that when she stays here, it means that her life expectancy is reduced by 80% … it means that she may have an infection and means the lady will die much sooner,” says Emami.Accompanied by her mother, 5-year-ol

d Dory visits Ali at work wearing a tutu skirt and a coat with leopard print. He carries her behind the bar where she pl

ays with empty juice dispensers. Later she settles on his lap and plays games on his smartphone.

  Trump admin pushes for tougher action on Iran, swipes at Europe

  It’s a break from her shuttling between home and the hospital, which she must visit at lea

st once a week. Sometimes the doctors determine that she has to stay in her hospital bed for sev

eral weeks. It’s a routine that will continue until she’s 18-years-old, her father says.

  But Ali says he’s dedicated to helping her have a normal life: “It doesn’t matter what Trump’s sanctions do, I’ll do whatever it takes to find her medication.”

  He puts a hand on his chest, puffing up his skinny frame. “I’ll even fly myself to get them for her. Whatever it takes.”

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On the last night of the trip, the sisters launched into action

  Reem pre-booked the taxi. It was Rawan’s job to retrieve their passports from a bag stored in their parents’ bedroom. Around 2 a.m

., she tip-toed past them as they slept, took the bag with their passports, then snuck back in again to return the bag so as not to raise suspicion.

  ”It’s a really great memory, exciting,” Rawan tells CNN, smiling. Of the two sisters, she‘s the more talkative, taking the lead and occasi

onally looking to her sister for advice on the right word in English. Reem is more reserved. She’s careful about what she says and who to tr

ust. They both have dark, short, curly hair and being small in stature seem much younger than their years.

  When the cab driver arrived at 5 a.m., the sisters say they did something they’d never do

ne before. They pulled on jeans they’d bought in secret and walked out of the house without their abayas.

  It was only after they arrived at Colombo Airport that the sisters booked the flight they’d

meticulously researched online: SriLankan Airlines flight UL892 departing Colombo at 9 a.m., arriving Hong Kong a

t 5:10 p.m. local time. From there, they’d take Cathay Pacific flight CX135 departing at 7:10 p.m. for Melbourne, Australia.

  They had no trouble boarding the plane for the roughly six-hour flight to Hong Kong.

  It was after they arrived in at Hong Kong International Airport that things started to go wrong.

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The corridor includes a network of highways, railways and

infrastructure and Gwadar is an important part of it. Pakistan has been trying to get the assistance needed for development and di

versify sources of investment from many countries such as Saudi Arabia and Qatar. Gwadar is not an exclusive platform.

The China-funded CPEC helps build the infrastructure at the port, and the improved condition

will attract more investment which then in turn boosts the development of Gwadar and the whole of Pa

kistan. Inclusiveness and multilateral cooperation are exactly the ideas that the BRI champions.

Admittedly, geostrategic competition is prevailing in the region. If added with the different inter

t demands of Afghanistan and Iran and the historical enmity between India and Pakistan, the region can be one of the most volatile plac

es in the world. Joint development is the only path that could lead the region into long-term peace and stability. This is also the broader objective of the BRI.

China hopes that all the investment coming into the region can be connected so as to be best utilized. Regional countri

es should enhance cooperation via coordination. Meanwhile, all should hold an open attitude toward investment from outside the region.

As each regional power vies for a foothold and seeks its development, both competition and cooperation feature in this process. All

the countries face the question of how to turn strategic hedging into benign competition. The BRI provides the answer.

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