Powell said on Wednesday that he wouldn’t raise the benchmark interest rate unless there was a sharp increase in inflation. In 2018, the annual inflation rate was 1.9 percent, down from 2.1 percent in 2017 and 2016. The Fed raised interest rates nine times since 2015.
Premier Li Keqiang arrived in Jakarta on Sunday to start his six-day trip to Indonesia and Japan, which is part of China's efforts to promote regional cooperation in East Asia against the backdrop of rising protectionism.
Popular Chinese mobile game King of Glory, developed by Tencent Games, has enhanced its anti-addiction system to strictly adopt real-name registration with users identities verified by police data.
Poulin added that the company has also been discussing possible cooperation opportunities with a host of other local enterprises.
President Xi Jinping attends the State memorial ceremony in Nanjing, Jiangsu province, on Wednesday to mark the 80th anniversary of the Nanjing Massacre. Xi and other senior officials joined people from different walks of life at the memorial hall for the victims in paying tribute to the more than 300,000 who died. [Du Yang/China News Service]
Poverty-stricken areas will be a focus, and special support will be given to promote reconstruction and upgrade of rural power grid there, Qi said.
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President Xi Jinping sent a congratulatory message to the DPRK top leader Kim Jong-un as the country celebrated its founding anniversary with a huge military parade on Sunday.
President Xi Jinping said at a meeting with representatives from private enterprises in November that more financial channels should be explored for them. To that end, private banks, small financial institutions, venture capitalists, and equities and bonds should play a key role.
Premier Li calls for targeted policies to 'forestall damage' to wider economy
Poverty remains deeply entrenched in Asian countries especially in South Asia.