Still, transporting goods by rail is relatively small compared to the oceans' highways. More than 90 percent of world trade is carried by the international shipping industry, figures released by the International Chamber of Shipping showed.
Successive measures
Street vendors wear thick clothes in Heihe, Heilongjiang province, July 25, 2017. The temperature dropped to 12 C on Wednesday morning.[Photo/VCG]
Steven Zhu, an analyst with market research firm Pacific Epoch, said that while the deal could create a drag on margins, there are a lot of synergies Alibaba can leverage, especially with its indigenous dining review service Koubei.
Such cooperation aims to improve the experiences of tenants in the era of the internet of things.
Stephens, also a soybean grower from Clinton, Kentucky, said growers continue to urge the US administration to rescind the tariffs and instead "make soybeans a part of reducing our trade deficit" with China.
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Such straddling will remain the norm for a long time to come, Linthicum predicted. There’s simply too much computing and data that can’t cost-effectively be moved to the cloud. That means there will remain a strong need for tools and expertise that help the data center and the public cloud communicate. And there will always be a need for privately controlled infrastructure, for legal and privacy reasons.
Structural transformation and upgrading of the nation's industries, consumption and urbanization will produce a huge superimposing effect on its economy, driving the annual growth rate to expand no less than 6 percent in the next 5 to 10 years, said Chi Fulin, president of the China Institute of Reform and Development (CIRD).
Sturgeons raised in a local lake by farmers in Chun'an county in East China's Zhejiang province have made the area the largest global supplier of caviar, according to a report in the American news magazine Time.
Suga said Trump and Abe are considering signing a deal in late September when they attend the UN General Assembly in New York.