In 2005, two-year and 10-year yields inverted ahead of a recession. While curve inversions normally precede economic downturns, they don't necessarily signal a recession is imminent. But in the past 50 years, a recession — two consecutive quarters of economic retraction — has followed within 18 to 24 months.
In 2006, Yan and his friends founded AdMaster. "Being an entrepreneur can be lonely, especially in the beginning," he said. "It's not until the fifth year that we received our first round of venture capital funding from GSR Ventures (in 2010)."
In 2016, Lu Junhua, the deputy governor of Hainan, talked about how the pilot zone could become a world-class medical tourism destination within five years.
In 2013, Ding made his first attempt to plant peach trees in five of his greenhouses. The following May the peaches grew ripe, with 7.5 tonnes yielded, while in the past, peaches usually hit the local market three months later.
In 1921, the first CPC National Congress reconvened in a red boat on South Lake in Jiaxing after it was interrupted by authorities in what was then the French concession in Shanghai.
In 1970, prime minister Pierre Trudeau, father of current Prime Minister Justin Trudeau, made a bold move among Western countries by establishing diplomatic relations with China. The two nations on Tuesday marked the 50th anniversary of that historic occasion.
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In 1999, Amazon made nine acquisitions, according to GeekWire research, though only six appeared on its annual report that year, with a combined purchase price of 0 million. Amazon also bought stakes in a number of high profile dot-com companies like pets.com and drugstore.com at the time.
Imports in July dropped 5.4 percent from a year ago to .64 billion, resulting in a trade surplus of .56 billion, according to Taiwan's trade data.
In 2004, he became the host of a new TV program, China Today, which is broadcast daily in the Kyrgyz language via satellite on Kyrgyzstan national TV.
Images of giant pandas taken by infrared cameras set in Baishuijiang Nature Reserve in Gansu province. [Photo provided to China Daily]