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China in Focus (Aug. 12): First Report Proves Huawei Spies for Beijing

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The Lost Art of Great Popular Song

Is the Great American Songbook still being written? The so-called Great American Songbook is defined as a canon of the memorable “standards” of popular song that helped to define American culture in the first half of the 20th century. Its great composers included Irving Berlin, Cole Porter, the Gershwins, and Jerome Kern. These songwriters’ names were just as well-known as the names of famous singers, because it was an age when the song stood proudly independent from the performer. Standards such as “Stardust” by Hoagy Carmichael would be uniquely recorded by many singers, from Frank Sinatra to Doris Day to Nat King Cole. One of the last songs to receive such multi-artist treatment was Paul McCartney’s “Yesterday” (1965), the most recorded song in history, with over 4,000 versions by everyone…

A new report shows that Huawei deliberately created security loopholes when building a data center for the government of Papua New Guinea, leaving the Pacific country鈥檚 government data open to spies.

Chinese leader Xi Jinping is calling on the country to stop wasting food and maintain a sense of crisis over food security. The rare move is sparking concerns over China鈥檚 potential food crisis.

The price of pork in China rose by almost 90 percent year-on-year. And when 7 tons of pork was scattered on a highway due to a truck accident, locals snatched it up. This happened in one of the provinces worst-hit by flooding.

Hong Kong froze media mogul and pro-democracy activist Jimmy Lai’s million-dollar assets. Hongkongers flooded to a restaurant owned by his son, showing their support. And another activist, Agnes Chow, is hailed as the “real Mulan.”

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Focus News: China in Focus (Aug. 12): First Report Proves Huawei Spies for Beijing

White House Seeking to Cut Capital Gains Tax via Congress: Kudlow

The White House would prefer to see a tax on capital gains cut to 15 percent, said adviser Larry Kudlow, who noted that President Donald Trump will not cut them by way of an executive order. “We are looking at middle-class income tax cuts and capital gains tax cuts to spur investment and jobs and liquidity,” Kudlow told reporters at the White House on Tuesday.  He added: “In another era, we used to call them tax cuts 2.0. The president has never lost those thoughts,” while adding that Joe Biden, the president’s 2020 rival, would raise taxes. Kudlow said that it’s imperative that legislators in Congress work to come up with a cut to capital gains taxes, adding that it’s “not part” of any Trump executive order or plans on…