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Massimo Volpe, chairman of the Federation of International Retail Associations, said that China has made great achievements in retail innovation, especially on the front of mobile payments and New Retail.
Many participants of the SelectUSA annual event, especially those from business agencies of the states, expressed their concerns about the escalating trade fight between China and the US, as well as the hopes that the feud could be resolved through talks.
Many foreign fast fashion brands have seen slowing growth in the Chinese market in recent years, in sharp contrast with earlier days when they could make some quick and easy money.
Many of the steps taken by China are in fact part of China's long-term economic reform and opening-up strategy. Over the past few years, China has been strengthening the commercial rule of law, pushing to increase the role of the market, and opening up many sectors to foreign competition. These steps were taken for the good of China, but they can also benefit other economies.
Mats made of straw were weaved to contain the moving sand dunes, and drought-resistant shrubs and grasses were grown.
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Marcus Courtney is a veteran labor advocate who helped launch the call center campaign. In an interview with GeekWire this week, he said that Amazon is employing the same approaches, 20 years later.
Maritime anti-drug trafficking missions can also be extremely dangerous, Zhang said. In a recent case, the Coast Guard's ships even rammed a smuggler's ship in an attempt to make it stop, Liang said.
Many companies are avoiding, or at least limiting, travel as the virus, also called Covid-19, spreads. This creates increased demand for video conferencing. Shah likes Zoom Video Communications, a Californian company offering communications software that combines video conferencing, online meetings and mobile chat.
Markus Rodlauer, deputy director of the IMF's Asia and Pacific Department, pointed out that some BRI partner countries have breached IMF's critical debt-sustainability indicators. "So it is a key risk, both for China and the partner countries," he said.