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Indeed, with the rising labor costs in China, especially the coastal regions, many manufacturing jobs have been either relocated to the hinterland or countries such as Vietnam, Bangladesh and Ethiopia where labor costs are lower, or more competitive.

In view of his cooperation in the investigation, the penalty was lighter than it might have been otherwise, it said.

India's logistics sector is expected to grow to 360 billion U.S. dollars by 2032 from the current 115 billion dollars.

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Industrial upgrading and excessive production capacity reduction are top priorities for Daqiuzhuang, which was touted as a miracle of economic growth in the 1980s and was a household name in China.

India, Iran, Russia and Brazil are some of the worst-hit COVID-19 countries and are major overseas markets for Chinese vehicles.

India on Friday became the third country to record 1 million coronavirus cases, trailing the United States and Brazil where infections also continued to surge.

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In theory, sales could be much higher with lots of early adopters purchasing the device to see the phone’s 3D-like effects and product-scanning capabilities, but then preferring to use another phone for their everyday tasks.

In the video, which mimics public safety tips from the police, the star and her co-hosts play relatives giving lucky money to each other's children. She opens a red packet, only to find that the money her son has received is 200 yuan less than she gave out. The voiceover states, "Never trade small for big, always respect reciprocal rules."

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Industry analyst said the exit tax, which is around 64 yuan, would add to the cost of Chinese travelers visiting Japan, but it is unlikely to have an impact on the willingness of those who have plans to travel, as the amount is small.

Inclusive globalisation delivers common development, while unbalanced development is a breeding ground for populism, extremism and xenophobia. One cannot make these problems disappear by blaming other countries and diverting public attention. Forcing others to take medicine in order to cure one's own illness will end up hurting everyone.