Low oil prices will hit exploration and production companies hard, especially hydraulic frackers that can't operate profitability unless oil is selling for to a barrel.
Lu Zhi'an, an associate professor at the Law School of Fudan University, said that the special campaign allows government departments at all levels to learn the problems existing in social governance and key industries.
Lothar Herrmann, president and CEO of Siemens China, first came to Beijing as the company's executive in the 1990s. At that time, he knew the road ahead would be challenging, yet full of possibilities.
Lyu Xiang, a researcher on US studies at the Chinese Academy of Social Sciences, said China's trade surplus partly stems from different positions in the current global supply chain.
MCAS was "not an area of emphasis" on the MAX because Boeing characterized it as a modification of existing controls rather than as a new device, the inspector general said.
Lower-tier cities and small towns in China used to be regarded as less sophisticated, but the recent better-than-expected performance of some e-commerce and retail companies in such places has shown that they have impressive purchasing power as well as the potential to spawn new business opportunities outside the fiercely competitive markets in higher-tier cities, industry insiders said.
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Luxury products such as Steinway & Sons pianos are very economically sensitive, he said. Asked if the company would worry that the uncertain global business environment may depress consumption power, Steiner said he has not seen any decrease yet.
Lyu's company specialized in importing Russia's engineering machinery, wood and steel in the 1990s, but its focus has now been switched to bringing a variety of Russian foods to more Chinese tables.
M0, the amount of cash in circulation, had risen 11.1 percent year-on-year to 8.24 trillion yuan by the end of last month.
MONTEVIDEO - Uruguay's tourism authorities are seeking to position their country as a "multiple destination option" for Chinese tourists, including creating air connectivity between the two countries.