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Harald Krueger, the German carmaker's chairman, said last Wednesday that BMW's sales in China, its largest market since 2013, will see "high single-digit growth" this year.
Hans Hendrischke, professor of Chinese Business and Management at the University of Sydney, told Xinhua on Wednesday that Australia should be viewing the Belt and Road Initiative through the mindset of what it actually is, an economic proposal, rather than attributing it to any kind of strategic development.
HSBC said it will sell about 0 billion in assets, reduce the size of its investment bank and close about one-third of its US branches as it refocuses on Asia and the Middle East, where it generates most of its profits. The restructuring is expected to cost .2 billion by 2022.
HONG KONG - The promulgation of the Law of the People's Republic of China on Safeguarding National Security in the Hong Kong Special Administrative Region (HKSAR) marks a significant turning point for Hong Kong and a milestone for the practice of "one country, two systems," Luo Huining, director of the Liaison Office of the Central People's Government in the HKSAR, said on Wednesday.
HONOLULU — Hawaii's Kilauea volcano erupted Thursday, sending lava shooting into the air in a residential neighborhood and prompting mandatory evacuation orders for nearby homes.
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Hai clearly remembers the difficult decision he had to make five years ago. "We Chinese farmers see our ancestral home as the root of our family," he said. "Leaving home is a final resort."
Hammond passed along greetings and a letter to Li from the prime minister, saying she was "very disappointed as she could not come".
Han also noted that the country should make supervision more effective by leveraging the internet and big data, and encourage data sharing to improve government services.
HONG KONG - The Hong Kong Monetary Authority on Thursday lowered its base rate by 25 basis points to 2 percent with immediate effect following the US federal funds rate cut overnight.