Retailers across the United States felt the presence of Amazon long before the e-commerce giant built that new building and said hi to everyone. And, according to a report in The Wall Street Journal, the rest of world is quickly learning about the “Amazon effect.”
Retail sales of grain, oil and food from January to May reached 620.59 billion yuan (.66 billion), up 13.4 percent from a year earlier. Sales of beverages stood at 81.93 billion yuan during the period, an 8.5-percent year-on-year growth.
Revenue of fixed-line communication saw a small increase in its contribution to the total revenue, accounting for 29.2 percent, up 1.6 percentage points from a year earlier.
Rishi Bhandari, head of a leading expedition company Satori Adventures, expressed dissatisfaction with the decision by the government at the last moment.
Retail sales of consumer goods went down 7.5 percent last month, recovering from a drop of 15.8 percent in March.
Rice planting expected to rise while soybean supply stable, ministry says
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Revolving around the central task of fostering virtue through education, the guidelines called for further reform in key areas to well prepare students for future social life, higher education and career development.
Rice said the US and China do compete in certain areas, including technology.
Robin Wales, mayor of the Newham area of London that houses the development, welcomed the area's transformation.
Rosenstein denied the report as "inaccurate and factually incorrect."