Rogers said the hotel mortgage-delinquency rate is about 25 percent — the highest on record.
Ronnie Lins, director of the China-Brazil Center for Research and Business, stressed that China has made such progress thanks to its appropriate plans and feasible goals formulated in advance.
Retno said her country has made leaps in progress in its relations with China. Indonesia will strengthen high-level exchanges, deepen people-to-people ties and accelerate the development of the Jakarta-Bandung high-speed railway.
Robert “Beto” O’Rourke, 46, announced on Thursday in a video on social media that he would run “the greatest grassroots campaign this country has ever seen”.
Restaurant manager Xie Ruian said the menu was simplified down to six choices to cater to the urgent needs of airport passengers.
Rising star Wang Yuan poses for the fashion magazine. [Photo/Official Weibo account of Our Street Style]
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Roland Berger is now seeing a new era of investment and development by foreign companies in China, to serve the increasingly attractive domestic market in both the B2B (business-to-business) and B2C (business-to-consumer) segments, said Depoux.
Retailers in China are revamping their marketing strategies to cater to the diverse demands of consumers, especially for those who search uniqueness and social interactions in their purchases, as the sector looks to emerge from the shadow of the novel coronavirus epidemic, said experts.
Robin Xing, Morgan Stanley's chief China economist, said the COVID-19 outbreak will prompt industries to put more emphasis on digital infrastructure development in the next stage, especially in areas such as the internet of things, cloud computing and 5G.China's advantages in those areas will be strengthened rather than weakened, Xing said.
Retail sales totaled 6 billion in May and the increase followed three straight months of declining retail sales.