Strong consumer spending, fiscal support for infrastructure, and structural reforms to improve productivity in industry will keep China's economy on solid ground, said the ADB report.
Stung by a long-standing intellectual property dispute, seed maker Monsanto, now owned by German drugmaker Bayer AG, withdrew from some businesses in India over a cotton-seed dispute with farmers, Reuters reported in 2017.
Studies also found that Chinese AI staff are concentrated in sectors such as automated vehicles and smart medical treatment.
Stonecrest’s plan to name a city after Amazon is just the latest in a series of wacky stunts that local governments are pulling to get the retailer’s attention — everything from Tucson gifting CEO Jeff Bezos a 21-foot cactus to Philadelphia partnering with the Wharton School to solicit pitches from graduate students as a class project.
Students at a primary school in Zaozhuang, Shandong province, study remotely in a smart classroom. LIU MINGXIANG/FOR CHINA DAILY
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Still, Amazon’s experience in Seattle and desire to attract top talent could make housing affordability a factor as the company decides which where it will locate HQ2, the billion second headquarters announced last Fall. If Amazon is looking closely at housing costs,?Chicago, Pittsburgh, and Columbus are the best bets, according to a new analysis from Trulia.
Stocks on the Chinese mainland rose on Thursday, reversing Wednesday's slump, as the US Senate overwhelmingly passed a resolution curtailing US President Donald Trump's power to impose tariffs and China's central bank set a stronger daily currency fixing than traders had expected.
Still, Tencent's decision to bring in tighter controls came after the People's Daily criticized the game's negative impact on underage players earlier this week. The newspaper also called on the company to make greater efforts to solve this problem.
Substantial tariff reductions would significantly cut retail prices of imported automobiles and meet growing domestic demand, she said.