Last summer, the city froze the number of for-hire vehicles permitted in the city. Uber is suing over that cap.
Last year's total foreign investment in China's major commercial real-estate projects surpassed 70 billion yuan (.38 billion), up over 50 percent year-on-year, said CBRE Group, a global leading commercial real estate services.
Last month, the central bank injected 46.8 billion yuan of funds through the pledged supplementary lending (PSL) to the China Development Bank, Agricultural Development Bank of China, and the Export-Import Bank of China.
Last year, lower courts — district and intermediate — concluded 1,667 civil IP cases and 2,078 administrative IP cases involving foreigners, up from 1,429 civil and 1,127 administrative cases in 2012, according to data released by the Supreme People's Court.
Lars Svensson from Sweden with his elder brother Jan-Erik Svensson. PHOTO BY GAO TIAN PEI
Last Monday, Japan's Nikkei newspaper reported that Nissan Motor Co plans to invest 100 billion yen (9 million) to build an auto assembly plant in Wuhan, Hubei province, which is expected to have an annual production capacity of 200,000 to 300,000 cars.
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Large South Korean carriers such as Korean Air Lines and Asiana Airlines have reduced or suspended service to Japanese destinations due to a sharp drop in the number of South Koreans visiting Japan.
Large internet-based firms that had preferential access to capital drove the local companies, which had been the heart of the American system, out of business. For example, Amazon lost money for over 20 years. It did not pay corporate income taxes during that time. (And it also did not pay state sales taxes for many years.) No local store could compete with that.
Last month, Cosco Shipping (Africa) Inc also donated 10,000 medical masks and 200 bottles of hand wash gel to Transnet, South Africa's national freight and logistics group, to support local port enterprises to fight against COVID-19.
Last week, parents of children at Tongxin Kindergarten in Jiujiang district reported that spoiled chicken legs and rice with mold and bugs were provided to their children on campus.