Good reputation
Gravediggers wearing protective suits carry the coffin of a person who died from the coronavirus disease (COVID-19), at Vila Formosa cemetery, Brazil's biggest cemetery, in Sao Paulo, Brazil, May 22, 2020. [Photo/Agencies]
Government statistics show that the cost of a wedding has been cut to less than 30,000 yuan, down by about 80 percent, and the current cost for a funeral is less than 5,000 yuan, just a sixth of the previous cost.
Gordon Domlija, chief executive officer of Wavemaker China. [Photo/VCG]
Good news from China were quickly diluted by bad news from the United States. Instructed by US President Donald Trump, the US Commerce Department has initiated an investigation into the national security implications of automobile imports, which could lead to as much as 25 percent of tariffs on automobile imports.
Google and Amazon are competitors in a variety of industries, from e-commerce, to the cloud, to digital assistants to smart speakers. Additionally, Google in a couple years will open up a big new Seattle office in the heart of Amazon’s turf.
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Grace Choy is the founder of Choy Choy restaurant in Hong Kong and has publshed her cookbook Choy Choy Restaurant: Grace's 60 Recipes.
Growth of shadow banking assets is expected to be constrained this year due to the tight regulations. These include banks' off-balance sheet wealth management products and asset management products developed by non-banking financial institutions. Trust loans and entrusted loans are also under the regulatory spotlight, said global credit ratings agency Moody's in its latest edition of Quarterly China Shadow Banking Monitor report.
Gordon said the new rules established by the counties could be more restrictive or less stringent based on conditions reflected in local health data.
Great attention has been paid to the Belt and Road Initiative's economic, logistics and transportation benefits - globally, in general, and in China's Tibet autonomous region, in particular.