The Ministry of Industry insists that the plant remains viable, noting that it would be more beneficial for Nissan to "invest (in the plant), rather than assuming the cost of the closure, which could be more than 1,000 million euros (,100 million)."
The PBOC said the RRR cut will save about 15 billion yuan in funding costs for banks this year, and the injected funds may help to lower the new benchmark interest rate-the loan prime rate (LPR) when banks will report the rate later this month.
The Morning Call newspaper of Allentown, Pennsylvania earlier this year described an environment in which Amazon.com workers endured brutal heat and a breakneck pace at a fulfillment center in Breinigsville, Pennsylvania.
The Ministry of Natural Resources on Friday ordered an investigation into how the hit TV romance Go Go Squid! featured a map incorrectly showing China's borders.
The Nairobi Center for International Arbitration (NCIA) will now provide resources for members of the Kenya Chinese Chamber of Commerce (KCCC) to resolve trade disputes with their Kenyan counterparts amicably and fast, meaning fewer cases will be forwarded to the courts that have previously been accused of sluggishness, leading to loss of investments.
The National Security Law for Hong Kong is a historic step forward in the practice of the "one country, two systems" principle, Hong Kong's chief executive and the head of the central government's liaison office in the SAR said on Wednesday, the 23rd anniversary of the special administrative region's establishment.
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The New York Federal Reserve Bank said starting Tuesday it will buy corporate-bond exchange-traded funds. This is the first time the Fed has purchased ETFs, and expands efforts by the central bank to boost the nation's economy and support the financial system.
The National Development and Reform Commission (NDRC) said it is closely watching the current pricing mechanism and will continue to improve it based on changes in both domestic and overseas markets.
The National People's Congress, China's top legislature, voted on Tuesday to unanimously pass the law.
The Mogao Grottoes in Northwest China's Gansu province. [Photo/Xinhua]