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Global industry insiders foresee car users in the future not having to own a vehicle, since the younger generations, especially those from China, have a greater chance of using shared mobility services than owning a vehicle. One day, major new car demands will come from car-sharing companies and mobility service providers.

Global management consultancy Bain & Company said that the Chinese on-demand mobility market is likely to expand less than 5 percent this year, slowing from a 25-percent growth in 2018.

Given that the 0.5-percentage point RRR cut Tuesday will unleash about 750 billion yuan, while a 390 billion yuan batch of MLF will mature, the net liquidity injected into the banking system will stand at 360 billion yuan, Wang Qing, chief analyst with Golden Credit Rating International, told Securities Daily.

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Getting a good education is also vital, she added, "as it changed my life and taught me to know the importance of knowledge".

Gatwick's CEO said he is looking forward to "the start of this vital new link to Shanghai which, like London, is undoubtedly one of the world's most important cities and business hubs".

Global trade has been disrupted by the COVID-19 pandemic. However, China has responded to the situation by reassuring and giving businesses confidence to reopen, the article said, citing Steven Lynch, chief executive of the British Chamber of Commerce in China.

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General Motors Co and the United Auto Workers, or UAW, on Monday entered the fourth week of contract negotiations since the union began a national strike against the automaker 22 days earlier.

Global stocks tanked last week at an alarming pace and financial losses have occurred from crude oil to equity trading, with large fluctuations in currencies.

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Global stock and bond markets also gained amid expectations of an easing monetary environment in June, the report said.

GeekWire first discovered Amazon’s plans for the pickup service via planning documents. AmazonFresh Pickup initially?launched in March?at the two Seattle locations, but it has been available only to employees until now. The company hasn’t given a?timeline for any further?expansion.