In 2017, there were 1.97 million high net worth individuals on the Chinese mainland. Their combined investment assets totaled 65 trillion yuan (.5 trillion), according to a report released by Minsheng Wealth, the National Institution for Finance and Development and Bon Corp at the end of last year.
In August, J&J lost at a trial in Oklahoma where a judge ordered the drug and consumer products to pay 2 million for its part in the state's opioid crisis. The company has appealed the verdict.
In August 2017, US President Donald Trump signed into law a new package of sanctions against Russia. Unlike previous sanctions bills, the new legislation grants US lawmakers power to block Trump from unilaterally lifting the sanctions.
In 2019, it targets to launch a comprehensive plan for the European market in order to help European merchants continuously improve their service capabilities for Chinese customers.
In 2017, all four members of K-pop band SixBomb went through extensive plastic surgery, from nose jobs to breast implants, before releasing a single.
In 2019, F5 acquired popular web server NGINX for 0 million in March, and followed that up with an even bigger acquisition: a billion deal for Shape Security, a Santa Clara, Calif.-based company that sells a fraud prevention platform to banks, airlines, retailers, government agencies, and more. In October, F5 announced a new alliance with Amazon Web Services to unite sales teams from the two Seattle tech giants and open the door for future technology integrations.
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In August, Philippine President Rodrigo Duterte visited China to meet with Chinese President Xi Jinping. During his five days in China, Duterte participated in events intended to improve cultural and people-to-people exchanges. It was Duterte's second visit this year and his fifth in the past three years.
In August, the monthly growth in FDI in the Chinese mainland also rose for the fifth successive month, according to Commerce Ministry data.
In 2020, the policy will continue to balance different aspects, in an effort to not use the property market to boost short-term economic growth and to also target different cities based on their own conditions, according to a report released by the China Real Estate Index System on Thursday.
In April, Amazon began offering a monthly .99 Prime subscription so members could access its video streaming service. The move was a direct swing at Netflix?and its popular monthly subscription plan.