Gao Ting, head of China strategy at UBS Securities, estimated that the new tariffs may lower China's 2018 GDP growth by 0.1 percentage point and earnings growth of A-share non-financial companies by 0.6 to 1.6 percentage points this year.
Furthermore, the private investors in the manufacturing and agricultural industries were driven by market considerations such as production costs and market proximity rather than government incentives of either China or a host country.
GUANGZHOU - South China's Guangdong province has built more than 110,000 5G base stations, with nearly 27 million 5G users, according to the latest statistics.
Funding for startups in the Pacific Northwest is taking a hit from the COVID-19 crisis, which may be bad news for young companies that don’t have money in the bank. Here are the funding totals through April, as calculated from our Pacific Northwest startup funding list.
GUANGZHOU -- Chinese Vice Premier Hu Chunhua has called for greater efforts to build Guangdong pilot free trade zone into a cooperation model for the Guangdong-Hong Kong-Macao Greater Bay Area.
Ganghua took its products to Guangzhou, where they proved popular at the 27th Guangzhou Fair held in late August. Leung is also considering retailing their products on the internet.
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Further exchanges and cooperation will tap regional potential and accelerate partnership upgrades, said Chen Lisheng, president of the Guangxi Academy of Social Sciences at the 11th China-ASEAN Think Tank Strategic Dialogue Forum.
Gao Feng, spokesman for the ministry, said China's FDI inflows have bucked the global downtrend on the back of a series of measures to stabilize investment.
GUIYANG -- Three people were killed and more than 10,000 others evacuated as downpours hit Southwest China's Guizhou province.
Further regulatory measures to ban initial coin offerings (ICOs) and cryptocurrency exchanges, especially via overseas platforms, are on the way after some illegal activities were unearthed by regulators following the ban on trading of these products on domestic platforms last year.