Some US companies are starting to notice the potential toll of tariffs on their costs and earnings, as are some consumers.
GUANGZHOU - Being certain that his products are subject to tariffs newly levied by the United States, Wu Tianwen reaffirmed his determination to explore opportunities in Asian and European markets.
China National Offshore Oil Corp's liquefied natural gas terminal in the southern city of Shenzhen became operational on Wednesday, to help meet China's growing appetite for natural gas as the government sees a growing role for the clean fuel as a major source of energy.
Beijing Automotive Industry Corp, one of China's five major automakers, is expected to have an annual production capacity of 50,000 vehicles at its South Africa plant by the end of 2019, said its top executive.
The real estate sector ended Tuesday's trading down 2.98 percent on the A-share market, a day after the nation's decision to firmly curb rising home prices, which triggered market expectations that more restrictions would be in the pipeline in the second half of this year.
China has decided to form a professional and market-oriented investment platform for better managing its State-owned assets, as the government seeks to further accelerate reforms and exercise its rights as majority shareholders in these firms, a top Finance Ministry official said.
Li Xi, a 21-year-old college student from Beijing, had always dreamed of spending more time in the Mogao Grottoes, also known as the Thousand Buddha Caves, in Dunhuang, Northwest China's Gansu province, to study the rich collection of ancient paintings housed there.
For Zhu Xiaofeng, an expert at the Dunhuang Research Academy, studying the ancient Buddhist paintings in the Mogao Grottoes in Gansu province is a lifetime's work.
The establishment of special-purpose companies tasked with State asset investment and operation will improve the allocation efficiency of State capital while giving substantial autonomy to State-owned enterprises.
China plans to lower the threshold for foreign investors to make strategic investment in listed companies in the nation, which is the latest in a series of measures to further open the market.
Huawei Technologies Co Ltd said on Tuesday that it is confident it will maintain sound momentum for the whole of 2018, after its revenue for the first six months reached 325.7 billion yuan ($47.6 billion), outperforming the slowing global telecom and smartphone market.
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