George Floyd, an African-American man, died after a Minneapolis police officer knelt on his neck for more than eight minutes on May 25. His death has triggered protests against racism and police brutality across the globe.
Global growth would be 3.2 percent, about 0.1 percentage point lower, she said.
Geely vehicles await sale at a dealership in Changzhou, Jiangsu province. [Photo by Wang Qiming/For China Daily]
Given the slump seen in the first quarter of this year due to the COVID-19 pandemic, a large number of public companies are likely to report significantly higher year-on-year growth in the first quarter of 2021, which will boost A-share performance in the spring, said Yang.
Given the tremendous investment in research and development by the Chinese government, the emerging industries like biotech, life sciences, imaging, new material, semiconductors and 5G telecommunication technology are likely to experience high growth, he said.
Getting the greenlight will allow Fosun to go ahead with its strategy to invest in companies that have strong market presence. The acquisition is expected to empower its subsidiaries including Nanjing Iron and Steel United Co Ltd, Eurocrane, and Zhejiang XCC Group Co and to enhance their capabilities in smart manufacturing.
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Given the circumstances, China must strive to expand domestic demand and tap more deeply into domestic consumer market potential, which has yet to be realized through higher-quality economic development and greater reform and opening-up. In this sense, the economic target is clearer than before, and the requirements are actually higher.
Given the robust growth in China, Lancome will roll out products tailor-made for Asian consumers in 2020 and is likely to introduce product lines specially made for Chinese consumers in the near future, she said.
Given that the COVID-19 nightmare can only be over with a vaccine, much work needs to be done to rebuild the economy and society. Post-pandemic partnerships between China and Southeast Asia should go beyond mask and vaccine diplomacy to rebuilding the region in the spirit of "build back better".
Geng emphasized that talks are "the only way out" for solving the stalemate in the peninsula, and said Seoul and Pyongyang "have made the precious first step" in this regard.