Over the past five years, India has relied heavily on Chinese goods, capital, and enterprises. Since the COVID-19 pandemic, India has become more sensitive to dependence on foreign countries. The Indian government hopes to accelerate the localization of the country's industry chain, which directly prompted the introduction of restrictive policies.
Over 1 million people have been affected by the floods, including 147,900 who were relocated to safe areas, the regional flood control and drought relief headquarters said Tuesday.
Over the past few years, China has actively expanded imports, and gradually reduced the threshold for foreign goods to enter the China market. The country has also significantly reduced import tariffs many times, in addition to the introduction of some favorable policies for cross-border e-commerce business.
Over 59 percent of the respondents echoed the point, believing that the revival of hanfu's popularity helps the promotion of fine traditional culture, while only 3.4 percent consider wearing such clothes in daily life outlandish.
Overseas business contributed nearly 30 percent to BOC group's profit and about 30 percent of its total assets. The net interest margin of this part of business increased by 13 basis points to 1.09 percent in 2017.
Over 2.5 million Chinese developers are now active on Apple's App Store. Their combined global sales exceeded 200 billion yuan (.3 billion) so far, among which, 30 percent were obtained last year, she said.
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Overseas yuan clearing banks are required, at the same time, to provide plans for the yuan's liquidity management and risk response.
Outgoing economic adviser Gary Cohn (L) listens as U.S. President Donald Trump speaks during a cabinet meeting at the White House in Washington, U.S., March 8, 2018. [Photo/Agencies]
Over the past year, the central bank has steered clear of interest rate cuts and avoided tinkering with reserve requirement ratios while adopting an expanded range of tools, such as reverse repos and lending facilities, for more nimble maneuvering.
Over the past decade, Chinese visitors to the US have increased from 320,000 in 2006 to more than 3 million last year. The US Department of Commerce expects 5.7 million Chinese tourists by 2021, making mainland residents the largest overseas market for the US.