In a research report, investment bank Goldman Sachs wrote: "Our baseline assumption is the Covid-19 virus becomes widespread but is relatively short-lived. We forecast flat earnings in 2020 followed by 6 percent growth in 2021. However, the US economy could slip into a recession if the coronavirus contagion lasts for an extended period of time."
In a filing to the Shenzhen Stock Exchange, the Shenzhen-based carmaker said it sold 162,220 NEVs, compared to 93,677 units in the same period last year.
In a reverse merger, a private company takes control and then merges with a dormant public firm, or "shell corporation", to get listed and bypass the lengthy process of initial public offerings. The CSRC started to ban reverse mergers on the ChiNext board in 2013 partly to contain speculation.
In a brazen intervention in the internal affairs of the SAR, 14 Members of Parliament suggested the British government consider whether the proposed amendment to Hong Kong's extradition law, which was tabled last Wednesday at the Legislative Council, may affect existing rendition agreements between London and Hong Kong.
In a parallel development, a public service platform under the auspices of eWTP will also debut in Hangzhou, allowing small-and medium-sized enterprises engaged in cross-border business to access a unified electronic "operating system", the company said.
In a 182-page report issued on March 22, the US trade representative accused China of unfair trading practices regarding technology transfer, intellectual property and innovation.
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In a video link with New York State Governor Andrew Cuomo, Lindsay said, "I feel I hope today, relieved. I feel like healing is coming and this marks the beginning of the end of a very painful time in our history."
In a congratulatory message read by Wang at the opening ceremony, Chinese President Xi Jinping wished the biennial UNWTO event a great success, and stressed that tourism is an "important channel" for mutual learning and cultural exchanges between countries as well as an "important industry" for promoting growth, creating jobs and improving people's livelihoods.
In a recent interview, China Daily talked to Scott McDonald, president and CEO of Oliver Wyman, about the company's development in the Chinese market and its strategy for the future.
In a short blog post?announcing the changes, Amazon noted that “this is not a reorganization but rather a recognition of the roles they’ve played for a while. Kudos to Andy and Jeff!”