Given Trump's transactional approach to foreign affairs, it is impossible to look at the matter without taking into account his increasing disappointment at what he deems as China's failure to bring into line the Democratic People's Republic of Korea. His idea of exploiting trade as a bargaining chip in dealings with China dates back to the campaign trail.
German Chancellor Angela Merkel's decision earlier this week of declining to attend the Group of Seven (G7) Summit that initially scheduled at the White House later this month was the most obvious evidence, said an article published Tuesday in the newspaper.
Given that the extension of the Spring Festival will remain effective in some areas until Feb. 9, the Chinese stock market still reopened on Monday, which showed China's respect for market rules and its determination to overcome difficulties, sources with the China Securities Regulatory Commission said in an interview with Xinhua.
Global gross domestic product (GDP) growth in 2019 was downgraded to a "weaker-than-expected" 2.6 percent, 0.3 percentage point below previous estimate in January, the report said. Global growth is projected to inch up to 2.7 percent in 2020.
German numerical control machine manufacturer Grob showcases its products and technologies at an industrial exhibition in Shanghai in April. [Photo/China Daily]
Given an aging population, China faces more pension payment pressure and has been exploring ways to preserve and increase the value of its around 4-trillion-yuan of pension funds. Measures have been rolled out to allow investment in more profitable financial products.
杭州优化排名
Global management consultancy Oliver Wyman estimated in its latest report that the Chinese market's contribution to foreign financial institutions' worldwide income in asset management, wealth management and securities will be 6 percent, 5 percent and 5 percent, respectively, by 2023.
Given investors' penchant for stocks of companies with strong fundamentals and amid strong liquidity in the US, the number of Chinese firms to be listed in the US this year could be around the highest level in the past decade, according to Hao Yusheng, chief representative of Nasdaq in China. There were 41 Chinese IPOs in the US in 2018, the highest annual figure since 2010, according to Wind Info.
Garuda would use Airbus A330 to serve upcoming flights from Denpasar to Zhengzhou and Xi'an. The Bali-Xian flight was scheduled to commence on Jan 29, while the one serving Bali-Zhengzhou would commence a day later.
GeekWire Photo / Nat Levy