Revenue from core commerce increased 58 percent year-over-year to 43 billion yuan, driven by increased traffic on its business-to-customer marketplace Tmall, as it continued to fend off rivals like JD.com Inc.
Responding to the directive, a Chinese Foreign Ministry spokesman, Zhao Lijian, said that so-called freedom and security are pretexts for "digital gunboat policy" that some US politicians pursue.
Rock, along with Louise Arbour, who is a former justice of Canada's Supreme Court and the wife of one of two Canadians who have been formally charged with spying by Chinese prosecutors, sought a legal opinion from Brian Greenspan, a Toronto lawyer with decades of experience in extradition cases, on Lametti's authority to withdraw the case.
Riding a wave of government support, tech start-ups like Royole have mushroomed in China. The boom has attracted an influx of global venture capital, making China the world's second-largest private equity investment market.
Reviving reform schools was part of a wider strategy proposed at the forum to prevent minor juvenile misdeeds from developing into serious criminal behavior. More than 150 prosecutors and experts in the law and child protection attended the one-day forum.
Rivian, a U.S. electric vehicle manufacturer, is producing 100,000 delivery vehicles for Amazon by 2030. Some 10,000 vehicles should be on the road by 2022. (Jordan Stead / Amazon Photo)
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Retail sales of consumer goods, a main gauge of China's consumption, returned to growth for the first time this year, rising 0.5 percent year on year in August, according to data from the National Bureau of Statistics (NBS). The measurement of consumption fell 1.1 percent in July.
Richard Martin, managing director of IMA Asia, the influential peer group forum for regional CEOs, said attempting to cut China out of supply chains is destined to fail and will also result in rising costs.
Ron Mock, CEO of the Ontario Teachers' Pension Plan, said China's anti-corruption efforts in the financial sector "will make it a primary investing destination among Asian countries" for his company.
Robert Palladino, the State Department spokesman, said at a news conference on Thursday that US-Vietnamese history itself has "reflected the possibility for peace and prosperity".