US Department of Transportation cancels $175 million for California high-speed rail

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Source: People's Republic of China – State Council News

LOS ANGELES, Aug. 27 (Xinhua) — The U.S. Department of Transportation said Tuesday it has canceled $175 million in funding for four high-speed rail projects in California.

The Donald Trump administration said Tuesday it would stop funding work on the multi-level crossings and overpasses and the design and construction of the Madera train station.

“As of today, the American people have stopped investing in California’s failed experiment,” said U.S. Transportation Secretary Sean Duffy.

California spent about $15 billion to build high-speed rail. The state filed a lawsuit in July to challenge the funding cut, calling the decision illegal.

The project, which won voter approval for a $10 billion bond issue in 2008, includes more than 50 major structures such as bridges, overpasses and viaducts. –0–

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Iran fully aware of risks of possible resumption of sanctions – MFA

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Source: People's Republic of China – State Council News

TEHRAN, Aug. 26 (Xinhua) — Iran is fully aware of the negative consequences of a possible reimposition of UN sanctions under the snapback mechanism and is working to prevent such an outcome, Foreign Ministry spokesman Esmail Baghaei said on Tuesday.

He rejected claims that Tehran was downplaying the issue, adding that the country was concerned about the possible consequences.

The diplomat said Iran had made “significant efforts” to prevent such a move, pointing to ongoing talks with the EU3 (France, Britain and Germany, the European parties to the 2015 nuclear deal) in Geneva and consultations with other members of the UN Security Council.

Discussions are focused on lifting sanctions and the future of Resolution 2231, which underpins the nuclear deal, Baghaei said. Tehran will continue to be transparent about the peaceful nature of its nuclear program, he said.

The diplomat also stressed that the “European troika” has neither the legal nor the moral authority to launch the snapback mechanism.

Representatives of France, Britain and Germany recently warned of the possible activation of the snapback mechanism, which implies the restoration of all UN Security Council sanctions against Tehran in the event of no progress in negotiations on the Iranian nuclear program. –0–

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The 5th China-Mongolia EXPO opened in Hohhot

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Source: People's Republic of China – State Council News

BEIJING, Aug. 27 (Xinhua) — The 5th China-Mongolia Expo opened in Hohhot, capital of north China's Inner Mongolia Autonomous Region, on Monday, silkroad.news.cn reported.

The four-day expo, titled “Deepening Mutual Cooperation, Promoting Win-Win,” brought together more than 1,500 Chinese and foreign enterprises. The expo, first hosted by the Chinese and Mongolian governments in 2015, is open to participants from all over the world.

Vice Minister of Commerce Yan Dong said in his speech that against the backdrop of the stable and healthy development of the China-Mongolia comprehensive strategic partnership in recent years, the volume of bilateral trade has continuously expanded, China's investment in Mongolia has continued to grow, while practical cooperation between the two countries has been solidly advanced, which fully demonstrated the catalytic role of economic and trade cooperation in bilateral relations.

"The China-Mongolia Expo, based on bilateral cooperation, focuses on Northeast Asia and the countries participating in the Belt and Road Initiative. Every year, it welcomes more and more countries and participants, playing an important role in promoting regional trade and economic cooperation," Yan Dong noted.

State Secretary of the Ministry of Food, Agriculture and Light Industry of Mongolia Tumur-Uyaa Jambaltseren, in turn, said that the China-Mongolia Expo has become an important international exhibition for strengthening economic, trade, industrial and cultural cooperation between the two countries, calling it an important platform for the governments and enterprises of the two countries to communicate, find business opportunities, conduct practical cooperation and people-to-people exchanges.

Let us recall that China has been Mongolia's largest trading partner for many years. According to official statistics, by the end of 2024, foreign trade turnover between the two countries amounted to a record 18.62 billion US dollars. -0-

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Qixi Festival Cultural and Tourism Events Kick Off in Zhuji, Zhejiang Province

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Source: People's Republic of China – State Council News

Recently, Dongbaihu Township in Zhuji City, Zhejiang Province, launched a series of cultural and tourism events titled “Through the Millennia: Love in Dongbaihu” to celebrate the Qixi Festival (Chinese Valentine’s Day, July 7th according to the lunar calendar). The events included a group wedding ceremony, an exhibition of traditional wedding customs, and a “One Village, One Product” fair. Tourists can experience traditional culture and wedding rituals.

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Israeli army leaves Ramallah after large-scale raid

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RAMALLAH, Aug. 27 (Xinhua) — The Israel Defense Forces (IDF) withdrew from the central West Bank city of Ramallah on Tuesday following a large-scale raid early in the morning, Palestinian sources said.

Palestinian security forces said a large Israeli force had stormed central Ramallah, targeting several shops and currency exchange offices.

Local sources reported that several Palestinians were detained during raids on currency exchange points in Ramallah and al-Bireh.

The Palestinian Red Crescent Society said 20 Palestinians were wounded in the raid, including a 12-year-old boy who was shot in the back and two pregnant women who suffered from asphyxiation.

Video footage circulated on social media showed Israeli military vehicles driving into central Ramallah and firing live ammunition and tear gas canisters, causing fear and panic among residents, especially in the commercial area where official Palestinian institutions are located.

Sources confirmed that Israeli troops later left the city center.

The IDF said Tuesday that soldiers and Israel Border Police officers conducted a targeted raid Tuesday morning in central Ramallah on currency exchange offices that transfer funds to Hamas. –0–

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China's Large Industrial Firms' Profits Down 1.7 Pct in Jan-July 2025 /more details/

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Source: People's Republic of China – State Council News

BEIJING, Aug. 27 (Xinhua) — The combined profits of China's major industrial enterprises fell 1.7 percent year on year in the first seven months of this year, data released by the National Bureau of Statistics (NBS) showed Wednesday.

In China, large industrial enterprises are defined as those with annual revenues from their main business activities of at least 20 million yuan (about $2.81 million). Their profits reached 4.02 trillion yuan from January to July.

In July, profits at major industrial enterprises in China fell by 1.5 percent compared with the same month last year, while the rate of decline was 2.8 percentage points slower than the figure recorded in June this year.

The GSU data showed that in July the profits of large enterprises in the country's manufacturing industry grew by 6.8 percent year-on-year, with the growth rate being 5.4 percentage points higher than in June of this year. -0-

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/SCO Summit in Tianjin/ SCO gives new impetus to cooperation between Belarus and China in sports and tourism — Minister of Sports and Tourism of Belarus

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MINSK, August 27 /Xinhua/ — The Shanghai Cooperation Organization (SCO) is giving new impetus to cooperation between Belarus and China in sports and tourism, Belarusian Sports and Tourism Minister Sergei Kovalchuk told Xinhua in Minsk. He also praised the modern sports facilities built in Belarus with China's support and expressed confidence in the great prospects for deepening bilateral cooperation in sports and tourism.

In 2024, Belarus became a full member of the SCO. S. Kovalchuk emphasized that joining the organization was an important step for the country. Today, Belarus actively participates in the activities of the SCO and intends to make a significant contribution to its development.

According to the politician, the SCO provides member states with a broad platform for deepening cooperation in politics, economics, the humanitarian sphere and other areas. “Sport is a means of communication between people and cultures. The warm, friendly atmosphere created within the SCO gives people the opportunity to correctly build relationships in peace, in harmony, in mutual respect for each other,” the Minister of Sports and Tourism of Belarus emphasized.

S. Kovalchuk especially thanked China for the construction of modern sports facilities. According to him, the swimming pool and the National Football Stadium built with Chinese support meet the highest international standards and are already hosting major competitions. These world-class facilities provide Belarusian athletes with excellent conditions for training and performances, significantly increasing the country's capabilities in organizing large-scale international tournaments.

The minister also noted that China has put forward a number of initiatives within the SCO, including sports competitions agreed upon by member countries and the creation of expert groups to organize them. This demonstrates the practical success of the SCO in the sports sphere.

As an example of in-depth cooperation, S. Kovalchuk noted football. According to him, close ties have been established between the Olympic committees, sports associations, government agencies, educational institutions, as well as athletes and coaches of the two countries. Joint training and exchange of experience have become regular. He expressed confidence that further cooperation will allow Belarus and China to achieve new successes in the world football arena.

Speaking about the development of the tourism sector, S. Kovalchuk expressed the opinion that it is a “unique bridge” for strengthening friendship and mutual understanding. After the opening of direct flights, their occupancy remains high, and the flow of tourists is growing.

The minister invited Chinese friends to visit Belarus, noting the country's rich historical and cultural heritage, its high-quality medical and health infrastructure, unique nature and cuisine that combines Eastern and Western traditions. "More and more Chinese restaurants are opening in Belarus, and signs in Chinese are becoming a familiar element of the urban environment. Everything is done here to make Chinese guests feel "at home," the Xinhua source said.

"The Chinese are showing great interest in Belarus, and we are looking forward to their arrival. Our common goal is for as many people from both countries as possible to visit each other," S. Kovalchuk summed up. –0–

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UK retail price growth hits 18-month high in August

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Source: People's Republic of China – State Council News

LONDON, Aug. 27 (Xinhua) — Retail price growth in the UK in August hit its highest since March 2024, driven by rising food costs despite efforts by retailers to curb prices, data from the British Retail Consortium (BRC) showed on Tuesday.

Retail prices rose by 0.9% compared to August last year, which is higher than the three-month average of 0.6% and more than July's 0.7%. Over the month, food prices rose by 4.2% year-on-year, while non-food prices fell by 0.8%.

Mike Watkins, head of retail and business analysis at research firm NielsenIQ, attributed the price increases to a number of factors, including global supply costs, seasonal food inflation caused by weather conditions, and rising underlying operating costs.

The current price rises have added to the pressure on families already struggling to cope with the cost of living, BRC chief executive Helen Dickinson said.

"Retailers continue to do everything they can to limit price increases for households, but as the Bank of England has acknowledged, the £7bn of new spending from last year's Budget has made their task much more difficult," she said.

Last week, more than 60 chief executives of Britain's biggest retailers wrote to the Chancellor of the Exchequer asking him not to raise taxes on retailers this autumn. –0–

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Two Chinese-made dredgers launched

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Source: People's Republic of China – State Council News

TIANJIN, Aug. 27 (Xinhua) — The Tianjin Dredging Company of China Communications Construction Corporation (CCCC) on Tuesday announced the successful launch of the Tongjun, a super-large drag dredger.

On the same day, another similar dredger, named “Junguang”, belonging to the Guangzhou Dredging Company of the CCCC, was launched.

The simultaneous launch of two drag dredgers is said to indicate that China has achieved a leading position in the world in the production of large-scale dredging equipment.

Both dredgers are 198 meters long and 38.5 meters wide, making them the leaders in Asia in terms of mud hopper capacity.

The above dredgers are expected to be widely used in port and waterway dredging, sea sand mining, artificial land reclamation, deep-sea mining, trenching and backfilling, and deep-sea pipeline construction. -0-

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Northwest China's Shaanxi Province Takes Effective Measures to Promote Intellectual Property Innovation

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BEIJING, Aug. 27 (Xinhua) — Western China has made progress in innovation.

According to the latest data released by the National Intellectual Property Administration (CNIPA), there are 531,000 active invention patents in 12 provincial-level regions. Shaanxi Province in northwest China alone accounts for nearly a quarter of the total.

Speaking at a news conference in Beijing on Tuesday, Shen Liping, head of the Shaanxi Provincial Intellectual Property Office, attributed the progress to the province's strengthening of intellectual property protection in areas such as new-generation information technology, alternative energy and artificial intelligence.

Shen Liping also noted efforts to resolve intellectual property disputes overseas, citing provincial intellectual property support centers in the UK and Kazakhstan that provide legal advice and support services to Chinese enterprises operating overseas.

To curb violations, provincial public security bureaus have implemented early warning models based on big data that can identify potential violations.

Beyond high-tech patents, Shaanxi is also using its rich cultural heritage to spur intellectual property innovation. Local designers are encouraged to incorporate symbols such as the Terracotta Warriors into their product lines and brand identities. According to a local official, this approach not only helps promote traditional culture but also increases local brand recognition in markets.

As of June, Shaanxi Province had 125,000 active invention patents and 879,000 active trademark registrations, CNIPA said. -0-

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