In Guangzhou, the four major State-owned banks - Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank - announced at the start of this year the interest rates of home mortgage loans to first-time home buyers would shoot up by 10 percent and 15 percent for second-time home buyers from Feb 1.
In June, Amazon formed an internal “Counterfeit Crimes Unit” bringing together former federal prosecutors with investigators and data analysts in the fight against fraudulent listings. Other Amazon initiatives include Transparency, which promises to eliminate counterfeits for enrolled products. Amazon has also filed a series of other lawsuits over counterfeit goods in recent years, including joining Italian luxury fashion brand Valentino?to pursue an alleged counterfeiter of the company’s Rockstud shoes.
In December, the company launched a pasteurized milk product by collaborating with Hema Fresh, the grocery unit of Alibaba Group Holding Ltd. The pasteurized milk, named Daily Fresh, has a shelf life of 24 hours so that it retains its freshness and quality, he said.
In June 2002, Yang set up a refinery with partners in Lanzhou. Three months later, Yang fled with a large amount of company funds, which he obtained under the pretext of buying petroleum.
In February, Macy's announced plans to close 125 stores within three years and slash 2,000 corporate jobs as part of an effort to cut costs. The store closings are part of Macy's new three-year turnaround strategy that aims to find .5 billion in annual cost savings by the end of 2022. The company currently has about 130,000 employees and roughly 870 department and specialty stores, according to its website
In June, Chinese authorities cleared whole durian fruits from Malaysia for import, as before that only pulp, paste and processed product could be sent to China. The new move further boosted the confidence of durian plantation in Malaysia, which has seen the total durian production rise to 341,000 metric tons in 2018 from 211,000 tons in 2017.
南昌好的失眠在哪里治
In June, six top government regulatory bodies co-issued a guideline on ramping up efforts to rein in financial risks in local government financing.
In December 2004, Zheng was detained by Hohhot prosecutors. One year later he was put in jail with a six-year sentence for embezzling 16.5 million yuan (.38 million). Zheng was released in 2008 after the sentence was reduced for good behavior.
In June alone, the value-added industrial output of food manufacturers saw an increase of 1.3 percent year on year, while alcohol, beverage and refined tea manufacturers registered the same percentage growth.
In July, the USTR's office for the first time included deficit reduction as a specific objective for the NAFTA negotiations, reflecting the Trump administration's determination to address the issue.