There also appears to be a less uncertain outlook compared with the beginning of last year, when concerns arose about then newly elected US President Donald Trump following a protectionist agenda and there were worries about a far-right breakthrough in the French presidential election as well as the repercussions of Brexit.
There are three major views, both in China and abroad, about the negative impact of the 2019-nCov epidemic on China's economy. The "critical impact" theory tends to think that it will have serious effect on the already slackening Chinese economy, even causing a slide of its growth rate and handicapping global economy. Based on data about the economic impact of SARS in 2003, the "manageable impact" theory believes that the epidemic will have only limited and controllable effect on China's economy, and that China's economic performance of the whole year will not be much influenced despite a declining growth rate in the first season. The "uncertain impact" theory holds that historical evidence does not tell much about the future economic trajectory, but the
There are more than 300 million smokers in China, and about 1 million deaths are tied to tobacco use each year, according to the National Health Commission.
The writer is deputy editor of China Daily USA. chenweihua@chinadailyusa.com
The Australian alpacas. [Photo/Chinanews.com]
Their comments were based on a key meeting of the country's top leadership, which urged further macroeconomic policy adjustment to protect against the novel coronavirus shock.
杭州seo排名公司
There are close to 1,400 American companies in Hong Kong. They are expected to be affected if the act is passed.
The year 2019 was the year of the pig in the Chinese zodiac. Yet, the year witnessed a dramatic price hike in pork. An outbreak of African swine fever has resulted in a shortage of more than 10 million metric tons of pork or at least 20 percent of China's total pork output in 2019.
The writer is chief economist with the China Banking Association and executive director of the HSBC Financial Research Institute at Peking University. The article is based on his recent speech to the China Macroeconomy Forum.
The world's biggest oilseed processor confirmed on Wednesday that China has essentially stopped buying US supplies of soybeans amid the brewing China-US trade war.