Jiang Yan, head of the Shanghai Futures Exchange, said Shanghai crude oil futures are interactive with peer contracts exchanged on the market of European countries and the United States. Transactions of WTI and Brent during the Asian trading period have turned more active since the launch of Shanghai crude oil futures.
James Comey will make an appearance at Amazon Monday. (Wikimedia Photo)
Jiang Jianjun, mayor of Zhanjiang, said the high-speed railway development plan, which includes construction of five lines to link the city to the rest of the country, is of great significance in Zhanjiang's economic construction and opening up to the outside world, as transportation has become the bottleneck that is preventing the city's economy from rapid growth.
Japanese Prime Minister Shinzo Abe's attendance at the Republic of Korea-hosted Winter Olympics would not change the tense situation in East Asia, although Tokyo intends to win the support of Seoul, said Chinese experts.
Japanese skin care products are popular with Chinese consumers, and many Chinese buy such products through daigou, a cross-border personal shopper who buys cosmetics, accessories and clothing and then resells them in China. However, since the e-commerce law took effect in Jan 1, such shoppers need to pay taxes or customs duties if they resell the merchandise to buyers in China for profits, which has had a negative impact on Japanese companies' expansion into Chinese market, and the new cooperation will benefit both the Chinese customers and Japanese brands, bring in quality products through legal channels into China, Baheal Pharmaceutical said.
Jay Foreman, chief executive of the toy company Basic Fun!, also told The New York Times that he considered moving some operations to Vietnam or India, like many toymakers did amid the trade wars last year, but "staying in China ended up to be the best move."
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Jason Yu, general manager of Kantar Wordplanel China, said Mary Kay faces some growth challenges in the cosmetics market in recent years as the direct sales model is under pressure from other channels like e-commerce. Expanding into adjacent areas where face-to-face interaction with consumers is still crucial in helping the brand to meet new consumer needs.
Jack Ngare, Managing Director of Equity Bank subsidiary Finserve, told journalists in Nairobi that following the agreement East Africans will be able to use WeChat Pay and Alipay to purchase goods and services in local currency.
Jan Kohout, advisor to the Czech president, said the Belt and Road Initiative is one of the highlights of China's foreign policies, playing an important role in European and Asian development.
Japanese chef Hiroaki Karasawa returns to Nadaman restaurant in Beijing with a new menu of traditional Japanese cuisine after a 2-year gap.