In August, OPEC and its allies cut production by 600,000 bpd more than their pact required, mainly as a result of falling output in Iran as customers in Europe and Asia reduced purchases ahead of the US sanctions deadline.
In August, some members of the US Congress considered bills that would require more frequent reporting from colleges, universities and labs about funding from China; make it harder for Chinese students and scholars in STEM (science, technology, engineering and mathematics) fields to enter the US, and set new limits for groups of Chinese descent on access to sensitive academic research.
In August this year, Britain was about 12 percent more affordable for visitors from China than it was during the same month in 2015.
In August, China imported 47.48 million tons of crude oil, surging 12.6 percent year-on-year.
In August, local governments started accelerating bond issuances, according to data from the Ministry of Finance. Local governments issued bonds worth 3.96 trillion yuan in the first eight months, including 2.35 trillion yuan worth of special bonds. Local authorities were also required to complete the 2019 annual bond quota by the end of September.
In 2016, the International Monetary Fund (IMF) included the Chinese yuan into its Special Drawing Rights Baskets alongside the US dollar, British Pound, Yen and Euro.
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In 2019, it established a digital business company, which is the carmaker's first in the global market. The company is engaged in areas including digital marketing solutions, big data analytics, customer relationship management and e-commerce.
In 2018, the Institute of Botany at the Chinese Academy of Sciences conducted a cultivation experiment on eight of the lotus seeds. Six sprouted, grew leaves, took root and spent the winter in a greenhouse. One flower blossomed on Sunday after it was transplanted at the lotus base in Yuanmingyuan in April.
In 2019-2020, the HKSAR government's recurrent expenditure on social welfare, education, health care and other livelihood-related sectors will exceed 250 billion Hong Kong dollars (about billion) to account for about 60 percent of the total recurrent expenditure, according to Cheung.
In 2017, total shipments rose 261 percent year-on-year. According to Liu Qi, a government official at the Economic and Information Commission of Xinjiang that regulates the trains' daily operations, this year 1,400 trips are expected to be made from Xinjiang.