Such a retreat in global ambition comes in sharp contrast to Ofo's aggressive overseas push a year ago. By the end of 2017, Ofo said it was operating in 20 countries. But now the company seems to be readjusting its international strategy.
Suga would join candidates such as the former foreign minister Fumio Kishida and the former defense minister Shigeru Ishiba.
Stocks dropped even as the Fed said it plans to purchase an unlimited amount of Treasury and mortgage securities to support financial markets.
Students’ diverse backgrounds make the academic environment rigorous. Around 100 students from over 50 countries have joined the program since it initiated in 2006.
Steven Zhu, an analyst with market research firm Pacific Epoch, said that while the deal could put a drag on margins, there are a lot of synergies Alibaba can leverage, especially with its indigenous dining review service Koubei.
Such projects are closely monitored, and a string of measures have been taken to minimize the epidemic's impact, Chu said, adding that strict epidemic case checks and reporting are required among staff working overseas to prevent the contagion's spread.
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Such phenomenal growth can be attributed to consumers such as Jia, 24, a salesman in Beijing. He paid about 100,000 yuan from 2014 to 2017 for three surgeries to improve his looks. The first one gave him double eyelids; the second one straightened his nose; the third one transported fat from his tummy area to his temples.
Such a strategy will be replicated in Hong Kong, where the company plans to steer clear of splurging on outdoor advertising but instead touting for business via less expensive online advertisements, Zhao noted.
Suga decided to join the LDP race judging that he should play a leading role, given expectations for his ability to manage crises, such as COVID-19 and Japan's deepest postwar economic dive, Kyodo News agency said, citing an unnamed source.
Such policies will trigger pent-up demand from new customers, which can help offset the impact of the COVID-19 pandemic to some extent, the experts said.