Internet-based consumer financing exploded 400 times to nearly 8 trillion yuan in four years to 2018, according to Peking University's Guanghua School of Management.
Interbank market money rates had been climbing over the past weeks because of the liquidity strain ahead of quarterly regulatory reviews and tax payments.
Investigators believe the plane's automated anti-stall system erroneously pointed the nose of the planes down to avoid a midair stall and into a fatal plunge. Boeing has submitted a software update to regulators for review, but it has not yet been approved. The FAA said it will move cautiously and there is no deadline for recertification of the MAX.
Instead, trains sell expensive Haagen-Dazs ice cream, imported fruits and lunch boxes, as the instant noodle market continues to dwindle.
Innovative startups have taken the lead in cutting-edge technologies in China, said Xu Heping, former director of the Office of Policy Study under the General Office of the Ministry of Science and Technology.
Iran's Revolutionary Guard Corps said it had shot down a US unmanned aircraft RQ-4 Global Hawk on Thursday, which prompted accusations from Washington and Teheran about who was the aggressor.
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Investigators said they believed Rivera had lived in the area from four to seven years. Rahn declined comment on his employment history, but described Rivera as someone who lived in a rural area and kept to himself. A search of Iowa court records revealed no prior criminal history, and it's unclear whether he had ever been subject to prior deportation proceedings.
Iran's Islamic Revolutionary Guards Corps on Friday announced that it has seized the British oil tanker Stena Impero in the Strait of Hormuz because the vessel failed to respect international maritime rules while passing through the strait.
Interestingly, two of the companies mentioned by Sen. Warren — Amazon and Apple — have spurned big acquisitions over the years in favor of internal innovation and growth. Some would argue smaller acquisitions such as the one conducted by Apple (see full list of Apple acquisitions here) and Amazon (see Amazon’s top 5 acquisitions here) actually seed the innovation economy, spreading more wealth to entrepreneurs who can then funnel money to new startup projects.
Investment in fixed assets and housing turnover continued to fall as a result of market control measures in Hainan, where the real estate industry used to be pillar of the local economy.