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As I write this, our recent stock performance has been positive, but we constantly remind ourselves of an important point – as I frequently quote famed investor Benjamin Graham in our employee all-hands meetings – “In the short run, the market is a voting machine but in the long run, it is a weighing machine.” We don’t celebrate a 10% increase in the stock price like we celebrate excellent customer experience. We aren’t 10% smarter when that happens and conversely aren’t 10% dumber when the stock goes the other way. We want to be weighed, and we’re always working to build a heavier company.

As China reduces coal capacity to combat pollution, mines and their locomotives are being shut down

Around 12 cities and economic areas including Ordos and Baotou were chosen to build demonstration areas, with all of them old industrial cities and resource-based cities, according to an April statement released by the National Development of Reform Commission and other four ministry-leval bodies.

Around 50 companies will be representing the South American country at the fair, including wineries, exporters of chilled and frozen meat, and producers of honey, garbanzo, rice and olive oil, according to the Argentine Investment and International Trade Agency.

As China and the United States account for a third of the global economy and bilateral trade accounts for a fifth of global trade, the steady and healthy development of China-US trade ties is significant for the stability of the world economy, which is struggling to recover.