Great Wall Motors said on Monday it is to invest 3.7 billion yuan (2.26 million) to upgrade its Russian plant in Tula, a city almost 200 kilometers south of Moscow, marking the latest move for China's largest SUV producer in going global.
Grade A office rents in Wan Chai and Causeway Bay, home to the city's third tallest tower - the 78-story Central Plaza - saw a 1.6 percent drop in the third quarter compared with the same period last year, marking the first rental decline since 2014, according to data from real estate service provider Savills.
Growth of M2, the broad money supply, is likely to accelerate to 8.8 percent year-on-year from 8.3 percent in April. The reserve requirement ratio (RRR) cut in April increased the money multiplier, and the central bank also made a net liquidity injection through open-market operations during the month.
Greenberg and Fred Bergsten, who was the founding director of the Peterson Institute for International Economics, penned another op-ed for the WSJ in December 2014 arguing that the US needed an FTA with China.
Grubhub went public in April 2014 and gained 31 percent on its first day of trading on the New York Stock Exchange.
Gu Xueming, president of the Chinese Academy of International Trade and Economic Cooperation under the Ministry of Commerce, told the newspaper the US trade deficit with China is a market result of the two countries' economic structure and the world's industrial specialization, and the US statistical method directly leads to overestimates on the deficit.
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Google users got a delightful surprise today. The coveted Google Doodle banner on their home page was devoted to the 108th birthday of Chinese-American illustrator and painter Tyrus Wong, who passed away in 2016.
Growth of broad money supply was 8.2% in August, down from July
Great Wall is not the only auto enterprise to explore the 5G sector with IT companies.
Goldman Sachs did not immediately respond to requests for comment.