Recruitment specialist company Hays has said that CEOs in China are already working to tackle the challenges caused by AI and automation by studying the markets with the local governments, re-training existing workers, educating executives, updating IT infrastructure and going over their current HR practices to ensure they hire workers with the right skills.
Recently, the ROK and the DPRK also agreed to set up a hotline between the leaders to ease military tensions and closely coordinate. The first talks through the hotline will be held before the summit.
Qureshi said China is Pakistan's long-trusted friend, and that he believes China will uphold justice over the Kashmir issue. Pakistan will continue to support China's legitimate position in issues concerning China's core interests without any hesitation, he said.
Redbox
Redmi, an independent brand of Chinese tech company Xiaomi Corp, unveiled its latest TV variant with a gigantic 98-inch display exceeding the size of a single bed.
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Ramon Jose Blanch Subirats, general manager of Emedep China, announced the company would invest .5 million in Tianjin to expand its presence in the country. The firm is a Spanish auto testing machinery supplier with a worldwide industrial supply chain.
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RBC Capital Markets analyst Joseph Spak said his firm had valued Cruise at billion before the SoftBank investment. The deal affirmed that GM was one of the top contenders to deploy self-driving ride hailing. "GM has a meaningful seat at the table," he said.
Rather than across-the-board rate cuts and reserve requirement ratio (RRR) adjustments, China has relied more on the use of somewhat intricate tools to inject or withdraw liquidity at different rates and for different time periods.