Domestic flights are back to 2019 levels. Lockdown is long gone in China and people are keen to travel.To get more news about china industry research, you can visit acem.sjtu.edu.cn official website.

But with the pandemic raging abroad, with many popular tourist destinations keeping their borders closed and with the prospect of a two-week quarantine in a centralised facility on return, Chinese tourists are staying in the country.

On a recent weekday in Huangshan, the Yellow Mountains, in eastern China, thousands of people were making the climb. It is one of China's most popular tourist destinations, with an average of 3 million visitors a year, according to Chinese state media. But the number of tickets has been capped at half for COVID-19 reasons.

A tour guide who gave his surname as Jiang told Sky News: "The number of visitors dropped this year, of course. Take August for example. Last August, I had to work every day. But this August, there were some days I didn't work."

But it is a comeback, and the main reason offered by the tourists who spoke to Sky News was that they felt safe travelling, despite crowded trains, planes and buses.One patriotic group, their members dressed in green hats with a red star and wearing t-shirts with Chairman Mao's face, has spent the last 10 years visiting the hallowed sites of the Chinese Communist Party.

COVID-19 delayed their 2020 tour by six months but they had already been to six places, with one more to come."We are following the route of Chairman Mao and the great marshals who founded the People's Republic of China," their tour leader told Sky News. "It's the Red Road."

Government measures have helped, including the announcement in July by China's Ministry of Culture and Tourism that tour groups could offer cross-provincial border trips. Chinese airlines, which have been posting big losses with long-haul flights grounded, have also slashed domestic ticket prices.Tourism could give a useful boost to China's wider economic recovery. The economy had been improving, but lopsidedly, with an emphasis on industry, infrastructure and loans for state-owned enterprises.

Consumption had been lagging but to one gauge released by the National Bureau of Statistics, service sector activity increased in August. According to another index, firms started to hire more people in August, following six months of redundancies.

In October, China's leadership will unveil its next five-year plan for the economy. President Xi Jinping has recently spoken of a "dual circulation" strategy, which includes a more self-reliant, consumption-powered domestic economy.

That will also be shaped by relations with the US, which is trying to stop companies supplying Huawei, the Chinese tech giant, and targeting other companies such as TikTok, the popular social media app owned by Bytedance, which is based in Beijing.

The Chinese government has decided to hold the gao kao – the national university entrance exam – in July. This decision to reinstate the exam is a sign the government expects the country to be business as usual come the summer, following weeks of lockdowns due to the Covid-19 pandemic.To get more news about top mba colleges in China, you can visit acem.sjtu.edu.cn official website.

Although this is a positive move, the government is still being cautious for the future. Beijing’s capital and Hubei Province – where Wuhan is located – have not yet had gao kao sessions confirmed for July.

The exam has been postponed by about a month from its original date in June, and will now be held on 7 and 8 July in most parts of the country. A record high of 10.71 million students are expected to sit the in-person test.

High schools in China have been closed since February, so news of the exam may be a shock to the system for some. Many parents and educators across East Asia are uncertain as to whether students in affected virus-hit areas will be prepared, both academically and emotionally.

These concerns are particularly felt in areas of mainland China where both economically and geographically disadvantaged students will fall further behind in this year’s gao kao.

Exam prep courses are available online of course, but China’s internet penetration rate is only 60 percent – substantially lower than most developed countries – further disadvantaging lower-income families or those living in remote areas who likely won’t have access to unlimited internet services, or even fast-running systems.

Unlike many end-of-school tests in other countries across the globe, the gao kao is run by the Chinese government, rather than a private organization – making it the most important exam Chinese students will take in their school education.

Students – just like all of us across the globe – are living and studying in unprecedented times, needing to adjust their skillset and learning outcomes to fit around the changing landscape. We will wait and see what happens next.

The biggest mistake made by many traders over the years is that they will trade whatever currency pairs appearing in front of them. Right after logging in their accounts, they will straightaway perform the technical analysis only by viewing 2 or 3 graphs of currency pairs.To get more news about https://www.wikifx.com, you can visit wikifx official website.
Unfortunately, when the graphs do not fulfill their expectation, they will start to claim what just happened is a 'FAKE BREAKOUT', or a 'FAKE REJECTION'. Indeed, it happens when they ignore the important criteria for choosing a currency pair in trade, which will eventually cause a great loss to their tradings.
Life is full of CHOICES. Even when it comes to foods, the more nutritious ones with higher quality are selected because they offer us a healthier life. And of course, we will avoid the foods that are harmful to our health. It means that we must be very picky in choosing foods whenever we want to eat. Hence, not all the foods in front of us are worth eating.
Similarly, this is what we should do while we are trading. We must have a WHY criteria for CHOOSING a certain currency pair. If the broker offers us 30 currency pairs, it is not necessary for us to trade all them in random circumstances. This is simply because the movement & volatility of each pair is not the same. Thus, the most important thing we need to do before analyzing the market is to screen all the currency pairs offered to us. I repeat, ALL the currency pairs.

One of the features that distinguish one currency pair from another is its daily trading range. The higher the range of a currency pair, the more vulnerable it is to a massive risk in trading, and vice versa. New traders are encouraged to start the trades with a low range of currency pairs so that they are not exposed to a huge loss.
You can measure the graphs of daily trading range movement by measuring the length of D1 candlestickand considering the lowest price andthe highest price. You can click on the crosshair and measure the range from LOW to HIGH on that daily candlestick.　　Here is an example of a range reading that I have made in the last few months. This range needs to be checked over time as it changes with the seasons. But the change does not happen every day. Probably, the changes occur biweekly.

The U.S. Dollar Index is an index that represents the value of the US Dollar relative to a basket of foreign currencies including Euro, Japanese Yen, Pound Sterling, Canadian Dollar, Swedish Krona, and Swiss Franc . The index is equal to the outcome of a geometric average, rather than an arithmetic average, of the constituent currencies. And here is a specific equation:To get more news about https://www.wikifx.com, you can visit wikifx official website.
U.S. Dollar Index =50.14348112 × EURUSD(-0.576) × USDJPY(0.136) × GBPUSD(-0.119) ×USDCAD(0.091) × USDSEK(0.042) ×USDCHF(0.036) In this equation Euro takes 57.6% in weight which is the second significant factor. When the index goes up, the U.S. dollar is more appreciated than the other currencies. If the index goes in the opposite direction, other currencies such as Euro will be demanded by the market.

The index is more than an indicator showing a basic market outlook of USD. It also provides a daytrader with trading signals. Daytraders always face a tradeoff between doing nothing for today and trading without any reference. It happens when no significant economic and political news is released. And the price movement in the Forex market is in a flat fashion.
It is hard for daytraders to make a profit. In this case, the U.S. Dollar Index is a practical indicator to help traders find less dismal currencies. If the U.S. Dollar Index is found keeping increasing constantly but EURUSD goes up as well, EURUSD will be a nice choice. There is a good chance that EURUSD will keep the same pace of other currencies. But I am not saying that the EURUSD is going to regress for a hundred percent sure. U.S. Dollar Index is not a forecasting indicator but merely an outlook of the current Forex market.

Recently, the sterling suffered a sharp loss in the wake of the fact that the UK-EU trade talks are teetering on the brink of collapse. It comes because the UK is preparing to legislate to deal freely with Northern Ireland's freight under the expectation that a trade deal with the EU is beyond reach. Once it succeeds, products from Northern Ireland will have unfettered access to the UK's market without any customs declarations as the UK has the power to decide which goods are subject to EU tariffs, but the EU's subsidies involving Northern Irish firms may not be active.To get more news about https://www.wikifx.com, you can visit wikifx official website.
However, the above term is a breach of last year's Brexit deal, in which it was agreed that Northern Ireland would remain aligned to EU customs rules to avoid a hard border on Ireland. This was an important concession of the UK at that time, and the largest difference between the two parties was thus resolved. But now, the EU is likely to take legal actions over the UK's breakdown of the deal since an angry backlash has been provoked by Johnson, the British Prime Minister, who simply overrode the achieved deal after anticipating a failed negotiation.

Over the past few months, the sterling has been gaining although there was no progress made in trade negotiations. The stalemate over the talks surprisingly sparked a rise in the sterling both because of the weak greenback and the expectation of financial markets on further negotiation. This time, however, the U.S. dollar has reclaimed its strength and the talks shall most probably break down.
Currently, financial markets are worried about not only the Brexit with no trade deal, but last year's Brexit deal would all be overridden. That is, not just a trade deal is beyond reach, but a clean break from Europe is even possible, which will lead to a sustained sell-off of the sterling. Although there is a chance for US stocks to bounce back and again hamper the DXY, traders seem extremely worried that the UK would eventually adopt such hard Brexit. Thus at this stage, the sterling is not only out of momentum in the rebound, but may even struggle in panic selling. Unless a UK-EU agreement is achieved dramatically, the sterling is almost certain to be thrust into a vulnerable position.

According to this report, the global 3D Rendering Services market was valued at $8.56 billion in 2018, and is projected to reach $61.65 billion by 2026, growing at a CAGR of 28.10% from 2019 to 2026.To get more news about design rendering services, you can visit https://www.madpainter.net official website.

3D rendering is an integrated service that is used for graphical representation and advanced rendering. The solution is used for processing 3D pictures that are stored in the systems to draw realistic lighting, textures, shadow, colors, and others. 3D rendering has been used by different industry verticals such as media & entertainment, construction & real estate, energy & utility, education, and others. In addition, this service provides efficiency for building 3D models structures and maps, helps in reducing operational cost and real-time virtualization. 3D rendering services are employed to design and render construction projects, which include manufacturing facilities, building & homes, commercial spaces, and others. Furthermore, increase in construction & real estate for different commercial sectors across the globe drives the growth of the 3D rendering service market.

Increase in the need for virtualized and real-time experience in designing and planning the construction projects and surge in adoption of 3D rendering services for faster completion of construction projects drive the growth of the market. In addition, increase in demand for better resource management & faster decision-making capabilities and surge in need for real-time rendering fuels the growth of the market. Furthermore, dearth of imaging infrastructure and lack of skilled labors is expected to hinder the growth of the 3D rendering service market. Moreover, increase in the adoption of cloud-based 3D rendering service among the SMEs is anticipated to provide major opportunities for the market.

Talented bachelor graduates from around the world with an ambition to pursue a global career. No previous professional experience is necessary, but we are looking for candidates who are not only academically successful but also display a high standard of ethical conduct, who are able to draw upon cultural diversity with respect and empathy, and who show professional responsibility and accountability in relation to society as a whole. All these criteria are necessary to become successful international managers. To get more news about Master in Management China, you can visit acem.sjtu.edu.cn official website.

What does this programme offer?

This programme is geared toward preparing you for leadership positions in the competitive international labor market.

You will gain thorough knowledge in the management of international companies, practical experience through real business projects and international internships, and training in management skills;

At the end of the programme you will receive two highly ranked qualifications: your home degree as well as the CEMS MIM certificate.

Common curricular content is in place in all member schools and jointly-established quality criteria have to be met. Within these boundaries. member schools offer a local approach to the curriculum.

You have drawn your trendlines, support and resistance zones. You have scanned for the common chart patterns and none of them are present. You think that there is no opportunity and are about to move on to the next chart.To get more news about WikiFX, you can visit wikifx official website.
Hold on. Chances are, you have not considered this chart pattern. You are not the only one as this chart pattern is often overlooked - the broadening formation chart pattern.
The broadening formation chart pattern comprises of increasing volatility and 2 diverging lines. It usually forms after a significant increase or drop in prices.
Cause
Due to market participants disagreeing significantly on the prices, prices move in a very volatile fashion. This wide range of price area is like a battle zone between buyers and sellers.
In this battle zone, market participants are split in their evaluation of the currency pair. This results in heightened volatility, causing prices to range greatly in this chart pattern before the bulls or bears take full control. Hence, youd see 2 diverging trendlines which is the broadening formation chart pattern.

However, did you know that the breakouts are unpredictable in broadening tops and bottoms？
The lines diverge and looks like a megaphone. They are neither ascending nor descending.
It is also not safe to just trade in the direction of the breakout for (5) and (6) because this battle zone of heightened volatility could be a false break that traps market participants. It can be frustrating to be caught in such a situation.
In this article, we cut through the fluff and zoom into the practical usage of broadening formation chart patterns.

Are More Gains Ahead?

USD/JPY is traded higher at 106.05 level as the Nikkei index has opened with a huge gap up today. Further USDX and JP225 growth will push USD/JPY towards fresh new highs in the coming weeks.To get more news about https://www.wikifx.com/ WikiFX, you can visit wikifx official website. 　　The Japanese Yen slips lower as the BOJ Core CPI increased only by 0.0%, even if the specialists have expected a 0.1% growth. The US Consumer Confidence could bring more activity on this pair, the economic indicator is expected to increase from 92.6 to 93.0 in August. 　　The New Home Sales could increase as well and could boost the greenback, from 776K to 787K, while the HPI may rose by 0.3%, versus a 0.3% drop in the former reading period.

JP225 index has escaped from the minor chart pattern and now is expected to resume its upwards movement. The next upside target stands at 100% (24115.95) level, right below the upper median line (UML) of the major ascending pitchfork. 　　Further growth signals that the Yen will depreciate against its rivals, USD/JPY could develop a strong rebound. Nikkei has accumulated around 78.6% retracement level, the breakout above the minor dynamic resistance line confirmed more gains. USD/JPY retested the median line (ML) of the descending pitchfork forming a bullish engulfing pattern that suggests an up reversal. Still, an important upside movement is far from being confirmed, I believe that a valid breakout above the upper median line (UML) will announce larger growth. 　　The pair has decreased between the 50% Fibonacci lines of the descending pitchfork, another higher high, jump above 107.06 will bring a long opportunity. USD/JPY has signaled the reversal on July 31 after making a three-line strike structure. 　　A new higher high or a valid breakout above the upper median line (UML) will suggest buying with near-term targets at the 150% Fibonacci line and higher at the first warning line (WL1). 　　The upside scenario could be invalidated exclusive by a drop below 105.10 former low. The invalidation could come from a Nikkeis potential significant drop.EUR/USD stands on 1.18 psychological level and is waiting for the USDX to make the first move. The outlook is bullish as long as it stays above this static support and above the 250% Fibonacci line. 　　USD could take the lead again later today if the US data will come in line with expectations or better. I want to remind you that EUR/USD will register a huge drop if the price will drop and close below 1.17 psychological level. 　　EUR/USD is traded sideways, an upside breakout above the second warning line (WL2) will suggest buying with targets way above 1.20 level. Maybe you should stay away for now and wait for a real confirmation. The pair is under some selling pressure as the USDX is almost to take out a dynamic resistance which means that the index could violate 93.81 critical resistance as well.

The $EURUSD began a bullish run in May 2020 from level 1.0893 to the current level at 1.1816. This signifies that the EUR has gained more than the USD since May 2020. The last time price of $EURUSD reached the current/resistance level of 1.18160 was in June 2018. The recent bullish trend was about 11%. Before the bullish trend began, the bearish trend lasted for two years. Using the RSI, price has been overbought. This made the $EURUSD to range between 1.1696 and 1.1962 throughout the month of August.To get more news about WikiFX, you can visit wikifx official website.

$EURUSD reached the level 1.19654 before price retraced to the downside. The candlestick has broken the Ichimoku Cloud to the downside. In the short term, price could rally within the week. A breakout of the resistance level at 1.19654 could be temporary. The USD might begin to gain strength in the next few weeks, which shows $EURUSD might fall.
As USD might appreciate against the EUR, price might fall to 1.1160. The fall could generate about 700pips. Later in week, the Fed Chairman will give a speech; this will be of high impact on the USD market.
GBP/USD Price Consolidates
GBPUSD 4hr Time Frame has reached a consolidation level. Ever since a breakout has occurred to the downside in June 2018, price of $GBPUSD has failed to break the resistance level to the upside. Despite the price value of $GBPUSD has dropped in the last two years, price retested the resistance level at four different occasions.GBPUSD has been on a bullish move since March 2020, from the support level of 1.14054 to its current resistance level of 1.32694. A range in the price of $EURUSD has been between the support level at 1.29811 and the resistance level at 1.32694, which is about 250pips. The candlesticks have been in and out of the cloud. A downward breakout of price from the cloud might lead to $GBPUSD beginning a downward trend or a breakout to the downside of the support level could begin a major drop in the price of $GBPUSD.
RSI has reached the overbought regions at two different times. The initial one was spotted in the last week of July 2020, while the second overbought position was reached on the 19th of August. The Ichimokus future currently shows the bulls might be in charge but RSI has recurrently shown that price is currently overbought without price breaking out the resistance level at 1.32964.
$GBPUSDs rally could be temporary, which might also lead to a fake out from the resistance level. As we expect high impact news on Thursday from the Fed Chairman on the USD, the USD might appreciate; which could lead to the beginning of a downward trend. If price breaks the support level, price might eventually reach a new support level at 1.26398. USD might gain about 500pips against the GBP.