Lower-cost items tried in China, such as umbrellas or laundry services, are far less likely to succeed, Coyle said.
MEXICO CITY - Mexico is preparing a proposal concerning the North American Free Trade Agreement (NAFTA) rules of origin for the automotive sector, ahead of the seventh round of negotiations set to begin next weekend, said Mexican Economy Minister Ildefonso Guajardo on Monday.
Lou said that China is facing similar side effects of globalization such as job losses as a result of the shift of labor-intensive industries to overseas markets. And the country is actively dealing with the problems through domestic structural reforms.
Lu Gaoqing, president of the University of Surrey in Britain, presents a student her degree at a special graduation ceremony held in Shanghai for Chinese students.[Photo provided to China Daily]
Luo Laijun, director general of the commercial steering committee of China Southern, said he hopes the new flight will help Hainan further open up its economy to foreign investors.
MONTREAL - A Toronto caregiver became on Monday the first person to get vaccinated against COVID-19 in Canada, TV reports showed.
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Luckily, Esposito qualified, said his wife. It is never easy, given that people from Shandong are widely considered the country's best drinkers.
Lu said China has always believed that direct dialogue between the United States and the DPRK was the key to resolving issues of mutual concern on the Korean Peninsula and the ministry hopes both countries can embrace the recent progress achieved on the peninsula.
Lyu Yaodong, a researcher at the Institute of Japanese Studies of the Chinese Academy of Social Sciences, said Japan started to adjust its policies toward China in 2017 to ease tensions in bilateral ties. An important cause for such adjustment, Lyu said, was Japanese companies' call for participation in the Belt and Road Initiative.
Lu Ting, chief China economist at Nomura Securities, said the rise of the Caixin services PMI in June beat market expectations. Lu suggested that the services sector's recovery is gaining traction, adding to economists' belief in their higher forecast for China's second quarter GDP growth.