The Chapter 11 petition filed Sunday in US Bankruptcy Court in Richmond, Virginia, came less than a year after Le Tote, a rental subscription-based fashion brand, purchased Lord & Taylor from Hudson's Bay Co, parent of upscale retailer Saks Fifth Avenue.
The Chinese economy has been stable and improving and its performance is better than expected, said Ning Jizhe, head of the NBS, in a statement.
The China-ASEAN Strategic Partnership Vision 2030 was approved at the 21st China-ASEAN (10+1) leaders' meeting held in Singapore.
The Chairman of Central Election Commission of Azerbaijan, Mazahir Panahov, said more than 1,300 candidates from some 20 political parties had competed for the 125 parliamentary seats.
The Cabinet meeting pledged to step up support for businesses to keep their payrolls stable. It also extended for another year policies of lower premiums for unemployment insurance and workplace injury compensation insurance, partial reimbursement of unemployment insurance contributions and subsidies for in-job vocational training.
The China Association of Automobile Manufacturers said that more than 22 million vehicles were sold in China during the first 11 months of the year, down 3 percent on a yearly basis. It is estimated that the fall could be from 15 percent to 25 percent when the pandemic was at its peak in China earlier this year.
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The China unit of US retail giant Walmart said it is purchasing fresh crawfish from Hubei and other areas. Next week, crawfish will be available at its brick-and-mortar supermarkets nationwide, through online orders and home deliveries.
The Chinese Lunar New Year week is a traditional period of shopping that companies exploit to promote brands and sales, they said.
The Chinese People's Liberation Army sent about 1,600 troops to participate in the military drills held in Russia from September 16 to 21.
The China Banking and Insurance Regulatory Commission has fixed the net capital threshold for commercial lenders' wealth management subsidiaries at 500 million yuan ( million) and 40 percent of the subsidiaries' net assets.