Wall Street analyst Chris O'Cull from Stifel Financial Corp warned in March that Luckin's prices were 20 to 30 percent lower than Starbucks, which could make it difficult for Starbucks to grow sales.
Wang Guanghua, vice-minister of the Ministry of Natural Resources, said the number of certificates related to surveying and mapping activities has been reduced by more than 80 percent from 138 to 20.
Wanda had been planning to make the purchase in a joint venture with British companies St Modwen Properties and Vinci.
Wang Jihong.
WASHINGTON -- US Vice President Mike Pence said Friday that 21 people on the Grand Princess cruise ship have tested positive for COVID-19, including 19 crew members and two passengers.
WASHINGTON-The US economy is taking a larger-than-expected hit from the partial government shutdown, White House estimates showed on Tuesday, as contractors and even the Coast Guard go without pay and talks to end the impasse seemed stalled.
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WASHINGTON - US President Donald Trump's outgoing administration congratulated Britain and the EU on their post-Brexit trade deal, saying Washington was ready to build "stronger transatlantic ties."
WASHINGTON -- The US State Department said on Thursday that it will fully resume its visa services in Turkey, a move further releasing strained bilateral ties over diplomatic disputes between the two NATO allies.
Walmart also said this week that it would stop selling ammunition for handguns and short-barrel rifles.
Waco, Texas