The hype around Libra since the news was announced a month ago reached its apex when queries on whether "Libra will compete with Alipay and WeChat Pay" ranked as the second most popular search in the middle of July on Weibo, China's major microblogging service, according to China-focused online Twitter source Cnledger.
The initiative was proposed by China to create a trade and infrastructure network connecting Asia with Europe and Africa along ancient trade routes.
The inflated revenues of 200.16 billion yuan (.4 billion) and profits of 20.29 billion yuan for 18 SOEs, revealed in the audit report, were accumulated over the years, accounting for 0.8 percent and 1.7 percent respectively of their revenues and profits for the same period.
The index, a general assessment of a person's mental status, typically rises as adults grow older, but 75 is a turning point at which things start to change, the report said.
The individual income sector has gained the most from the reforms, with 54.41 billion yuan of taxes reduced during the period, accounting for over half of the total, it said.
The inspectors found several safety risks in the hitch service, including the risks of leaking passenger private information and irregular operations of fund clearing, the MOT told a media briefing.
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The hotel's collapse has been identified as a construction accident as the building had been illegally renovated several times, Shang Yong, deputy head of the Ministry of Emergency Management, said in a news briefing on Tuesday.
The huadeng, also known as "China's first lamps", have become the symbol of Tiananmen Square.
The improvement will come even as developers' sales growth slows and profit margins contract.
The interest-rate war will push up the cost of funding, but it’s expected that deposits at virtual banks in terms of total balances will be relatively minor, at 2 to 3 percent, at least in the short term, which will mitigate this particular pressure, the report said.