On Tuesday, Dallas-based American Airlines said it would stop flying the route between Chicago and Shanghai, after cutting direct flights between Chicago and Beijing in May, citing higher fuel costs and a "competitive environment".
On the other hand, factory relocation entails new investment. As the world stares at a possible economic recession due to COVID-19, the willingness to invest in other markets has been greatly affected among many multinational companies.
On his fourth visit to Germany as premier, Li made the proposal on Monday as he met with German Chancellor Angela Merkel in Berlin before the fifth China-Germany intergovernmental consultation.
On Wednesday, investor Bill Ackman urged Trump and corporate America to shut down the country for 30 days to contain the fast-spreading coronavirus, calling it the only option to rescue the economy.
On Wednesday, West Texas Intermediate crude declined .32, or 3.93 percent, to .02 a barrel.
On the US-China trade deficit, Lew said the actual bilateral trade deficit number is not always the issue. "You have to separate goods and services from financial flows and investment," he said.
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On the opening ceremony, eight international travel agents signed cooperation agreements with 16 local companies in Haikou.
On Wednesday, Russian President Vladimir Putin and Japanese Prime Minister Shinzo Abe held talks on this issue in Singapore.
On Tuesday, it will host a similar event in Seattle, another hot spot of high-tech talent in the US.
On the occasion of the Lunar New Year, US metropolises, too, have been on a charm offensive to woo Chinese tourists.