Global leading analytics software company SAS said on Friday that it has seen double-digit annual growth in China for the past five years and will continue to expand investment and further pursue opportunities in the country.
German automakers are welcome to invest in China, which has lowered the shareholding ratio for foreign companies in new energy vehicles, he said.
Global central banks have expressed concern on the currency fluctuations and indicated a willingness to stimulate economic growth as the novel coronavirus epidemic had increased the downside risks for the world economy.
Germany responded quickly to the pandemic through measures such as mass testing, shutting down schools and banning large public gatherings. Its economy is expected to shrink by about 6 percent this year.
General Electric Co, the US-based leading digital industrial company, signed three commercial deals worth .5 billion with Chinese firms during US President Donald Trump's first official visit to China.
Global management consultancy Oliver Wyman estimated in its latest report that the Chinese market's contribution to foreign financial institutions' worldwide income in asset management, wealth management and securities will be 6 percent, 5 percent and 5 percent, respectively, by 2023.
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Gary Hufbauer, a nonresident senior fellow at the Peterson Institute for International Economics and deputy assistant secretary for international trade and investment policy at the US Treasury from 1977 to 1979, said "'bully' is the correct description" of what Trump has been doing to China, Canada, Mexico and other US trade partners.
Geng noted that the US House of Representatives ignored the facts and called white black, and also regarded serious crimes like committing arson, smashing shops and assaulting police as human rights and democracy issues.
Given the hostility of the current competitive environment between Apple and Amazon, streaming via AirPlay may be Amazon’s only way to make it on to Apple’s set-top box, where it will now be competing with Netflix, Hulu and Apple for viewer dollars.
GeekWire Photo / Nat Levy