Ominous numbers foretell hard times ahead for world's largest auto market, analysts warn
Oil, a proxy for future economic activity, was hammered. US crude oil futures fell 16.70 percent Wednesday to .42 a barrel, its lowest level since 2003. A price war between Russia and Saudi Arabia has flooded the market and also hurt prices.
Oil prices gave up an initial rally and turned negative, which may have contributed to the steeper sell-off in US equities at the end of the session.
Old-fashioned push-ups keep Taniela Ngaue (right) in a good state. [Photo by Bi Mingming/Xinhua]
On Florida's east coast, where Dorian's winds are expected to begin hitting on Monday morning, items ranging from bottled water to plywood were being bought as quickly as they could be restocked. There were reports some gas stations had run out of fuel.
Officials: Result shows effectiveness of measures like overcapacity cuts The profits of China's industrial firms registered the fastest growth in four years in August thanks to rising product prices and falling costs, the National Bureau of Statistics said on Wednesday. Analysts said the country's industrial profits may continue to grow at a stable pace as demand rises.
seo排名培训app
Oil prices rallied Tuesday after hitting 18-year lows on Monday. West Texas Intermediate crude, the gauge of US prices, rallied about 4.43 percent to .99 a barrel. Brent crude, the worldwide benchmark, rose 1.89 percent to about .93 a barrel. The price of oil is viewed as an indicator of future economic activity.
Official statistics show the bilateral trade volume between China and Austria hit a record high of .75 billion in 2018, up 16.2 percent year-on-year. Direct investment of Chinese enterprises in Austria was 0 million last year, bringing total investment from China to Austria to .04 billion. Austrian enterprises directly invested 0 million in China in 2018, an increase of 53 percent year-on-year.
Officials and delegations from around 100 countries will seek business opportunities at the China International Auto Products Expo to be held in Shanghai later this year, according to its organizers.
On Aug 3, in the No 25 Courtyard of Erdaowan Road, Tianshan district, Urumqi, in Northwest China's Xinjiang Uygur autonomous region, university student volunteer Ekebar Emet shed his protective garment and took a well-earned drink of water. He was thirsty and sweaty.