Typhoon Mun, the fourth formed in the northwestern Pacific this year, is projected to make landfall in the eastern coastal areas of Hainan between late Tuesday and early Wednesday, packing winds of up to 72 kilometers per hour, becoming the first to make landfall in China this year. It will then pass through the island and strengthen before heading for northern Vietnam.
Two passers-by look at the Hang Seng Index on a board in Hong Kong. [Photo/China News Service]
UL, the Illinois-based safety certification company, plans to add more facilities in China's central and western regions over the next three years, having built a solid presence in the country's coastal regions, said a senior executive.
Two stewardesses help passengers access in-flight internet on their smartphones on a Shanghai Airlines' flight from Shanghai to Chengdu. [Photo by Yin Liqin/China News Service]
UBS estimated global economic growth would hit 3 percent in 2020, down from 3.1 percent this year, while the growth rate for emerging markets will edge up to 4.6 percent from 4.2 percent.
Two states with Republican governors, Georgia and South Carolina, have said they will allow some businesses to reopen as soon as this week.
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UOP, she said, can also help its clients make the most energy-efficient aromatics (a type of petrochemicals). "Chinese companies now really want to be environmentally friendly because they want to compete at the highest level-meaning, they need the lowest cost structure."
U.S. stocks pared gains following the announcement of an increase in fatalities and the number of cases. World stock markets, after a weeklong slide on coronavirus fears, on Monday regained a measure of calm amid hope of a possible stimulus.
Two-way investment between China and economies related to the Belt and Road Initiative exceeded 0 billion between 2013 and 2018, injecting new growth momentum into BRI-related countries and contributing to recovery of the global economy, senior Chinese officials said on Monday.
Tuesday's magnitude-7.1 quake struck on the 32nd anniversary of the 1985 earthquake that killed thousands. Just hours before it hit, people around Mexico had held earthquake drills to mark the date.