In the S&L banks case, a successful bet on a risky investment led to a very high return for S&L bank owners and managers. An unsuccessful bet stuck taxpayers with the bill.
In the above video, T-Mobile CEO John Legere claims that?T-Mobile customers?have streamed more than 90 billion songs through Music Freedom since its 2014 launch, with an average of 210 million songs streamed per day. Binge On has seen 190 million hours of video streamed for free, and Legere claims customers are watching twice as much video now that it is free.
In the first six months, China's total credit to support the real economy increased by 12.33 trillion yuan from the beginning of the year, the highest in history, which has strongly spurred the economy in coordination with the fiscal stimulus package, such as the issuance of special treasury bonds, said Ruan Jianhong, head of the PBOC's statistics and analysis department.
In the first half year of 2017, the apparent consumption of natural gas came to 114.6 billion cubic meters, rising 15.2 percent year on year, according to figures released by the National Development and Reform Commission (NDRC), China's top economic planner.
In the following three days, the legislature will also have a second review of a draft biosecurity law, and a draft law on administrative discipline-a law to strengthen supervision over everyone who exercises public power in the public sector.
In the Doing Business 2020 report released by the World Bank in July this year, China improved to the 31st position among 190 economies, compared with 78th in 2018. The sample cities evaluated by the World Bank include Beijing and Shanghai, with Shanghai having a weight of 55 percent.
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In the first quarter of 2017, major industrial firms saw profit margins of their primary business edge up 0.68 percentage points to 6.13 percent.
In the consumer market, trends such as household storage, aging population, consumption classification, 1.5-tier cities, screen shift and 5G will significantly affect the terminal market, which should be paid great attention from manufacturers, Wang added.
In the first three quarters of this year, global companies' reinvested earnings grew by 25.5 percent in US dollar terms on a yearly basis, as many global companies regard China as a "safe haven" for cross-border investment.
In the Yaohai district of Hefei, Anhui province, local authorities used more than 500 volunteers to distribute leaflets about table etiquette, including taking away leftovers and using serving chopsticks to select food from shared dishes. The leaflets went to more than 2,300 eateries.