Reforms on agenda
Realizing the downhill path of shanzhai, Xu and his partners established their own brand Remax in 2008, and have achieved a sales volume of 5 billion yuan in six years.
Rating agency Moody's last month lowered China's long-term local currency and foreign currency issuer ratings from Aa3 to A1, the same level as Japan.
Recently, several banks announced their external investment plans. Jiangsu Changshu Rural Commercial Bank Co held a general meeting of shareholders on June 24, approving the proposal of investing 1.05 billion yuan in Jiangsu Zhenjiang Rural Commercial Bank Co to become its largest shareholder.
Quoting sources familiar with the matter, Reuters said the framework of such a deal would include Volkswagen investing in Ford's autonomous vehicle operations, including its Argo AI business.
Reform of the financial sector is moving especially rapidly. China will allow full foreign ownership of securities firms, futures businesses and life insurance companies by 2020, a year earlier than was scheduled, Premier Li Keqiang told the Summer Davos Forum. Foreign institutions will be offered treatment equal to that of domestic companies in credit references, credit ratings and payments, he said.
河南子宫腺肌症微波消融术后会复发吗
Reality check of Australian allegations against China
RIO DE JANEIRO - A Brazilian court of appeals affirmed on Wednesday a guilty sentence for ex-president Luiz Inacio Lula da Silva in a second corruption case.
RCMP and CBSA officials, who detained Meng at Vancouver's airport on Dec 1, 2018, at the behest of the United States, are asked to appear in court to give evidence for the first time. Meng's lawyers will have a chance to question police and customs agents about whether they and the US authorities conspired to gather evidence against her.
ROK President Moon Jae-in and Kim held their first summit at the border village of Panmunjom on April 27, signing and announcing the Panmunjom Declaration. Just a month later, Moon and Kim held their surprise second summit on May 26.