Industry players have also reported a similar boom in sales. Hua Zhenxiong, the director of QWedding Shanghai branch, said their orders tripled in 2017. Its sales in January also surpassed last year's first season figures.
Indian Air Force's "Surya Kiran Aerobatics Team" performs during rehearsal ahead of the 'Aero India-2019' at the Yelahanka air base in Bangalore, India, February 18, 2019. [Photo/IC]
Individual investors accounted for the majority of investors, reaching around 1.547 million, while new institutional investors stood at 2,100.
In the veteran broker's view, businesspeople are clever and — equally importantly — practical. "They may move out but will come back when things are back to normal and stability returns to the city".
Inbound trips exceeded 6.22 million, rising by about 9.5 percent than the figure of 2018, while outbound trips increased by nearly 12.5 percent to over 6.31 million, according to the NIA.
In trade disputes between Japan and the United States during the 1980s and 1990s, Tokyo was targeted by the same so-called Section 301 investigation that Washington is now using against China to determine what it says are forced technology transfers to Beijing that burden or restrict US commerce.
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Initial investigations have found that Ma and Wang have since December 2016 been buying luxury wristwatches from a man living in Hong Kong surnamed Lin before employing parallel traders to bring them to the mainland. These parallel traders were paid between 400 and 500 yuan for each of the smuggled watches.
Industry experts say understanding the habits and preferences of Chinese tourists is crucial for European merchants if they want to tap into the opportunity they represent.
Initial jobless claims rose for a second consecutive week in the US, with the grim employment data following hot on the heels of a record contraction in the economy as the impact of the coronavirus pandemic deepens, government statistics show.
In the view of industry analysts, however, the ostensible lofty goal is probably the least important reason for BYD's urge to share the technology that is said to be the result of more than a decade of efforts.