The TikTok logo is displayed in front of a TikTok office on August 27, 2020 in Culver City, California.[Photo/Agencies]
The Spring Festival travel rush, said to be the world's largest annual human migration, began last Monday. Nearly 3 billion trips are expected to be made in the 40 days from Jan 21 to March 1.
The State Council, China's Cabinet, said in a statement following an executive meeting on Wednesday that it will introduce more measures to restore hog production, including steps to remove unjustified bans on pig farms.
The Southwest Airlines Pilots Association (SWAPA) has sued Boeing, alleging the manufacturer "deliberately misled" the airline about MAX, forcing the cancellation of about 30,000 flights and costing the pilots about 0 million in lost wages. The airline has said it will share any payment from Boeing over the MAX grounding with employees.
The Taiwan Travel Act, which was passed by the House on Tuesday, has yet to be passed by the US Senate and signed by President Donald Trump to become law.
The Shenzhen Component Index rose by 3.17 percent to close at 10,089.67 points, while the ChiNext Index, which tracks Shenzhen's innovation startups, jumped by 4.84 percent, or 86.92 points, to close at 1882.69 points.
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The State Council held four executive meetings in March and April to map out details for the tax cuts and fee reductions.
The Spring Festival, or Chinese Lunar New Year, falls on Feb 5 this year. The festival is the most important occasion for family reunions.
The Times reports Amazon employees are circulating an updated version of that 2017 memo, adding new fuel to the fire of rumors of a new Amazon store concept, separate from Whole Foods. A new store concept would be split into large areas dedicated to delivery and pickup and sections for fresh food, according to the Times.
The Shanghai Composite Index is an outlier in that it fell about 10 percent during the time of the virus. The index fell sharply during the first week of the crisis from Jan 22 to Feb 4, but then recovered through February and early March, indicating confidence in the government's virus containment and economic recovery policies. But it fell again after March 11 when it became clear that the US and European economies would be heavily impacted by the epidemic. On net, the Chinese stock markets have roughly been flat over the last year, even after the beginning of the outbreak. This indicates that investors believe that the virus has not significantly reduced the long-term value of Chinese listed companies.