In his economic research consultancy's World Economic League Table published on Dec 26, China is predicted to overtake the United States as the world's largest economy by 2030. It also points to India overtaking the UK and France to become the world's fourth-largest economy in 2018.
In order to boost policy support and encourage financial institutions to step up financial services, Chinese authorities decided in 2017 that financial institutions will be exempt from value-added taxes (VAT) on income from interests for loans to small and micro-sized businesses and individually-owned businesses.
In particular, the number of overseas merger and acquisition deals in the media and entertainment industry declined by more than half in the past year, according to data compiled by Reuters, China Venture and PwC, also known as PricewaterhouseCoopers.
In mid-September last year, the first shield machine "Polina", made by China Railway Construction Heavy Industry Group, was exported to Russia. By successfully completing the 200-meter drive tunnel required for the Moscow subway tunnel, the shield machine officially got international acceptance. This is the first of five shield machines independently developed by China, which was exported to Russia to work in an extremely cold environment.
In its report, the European aircraft maker expected the world's passenger aircraft fleet above 100 seats to more than double in the next two decades to over 40,000 planes as traffic is set to grow at 4.4 percent per year.
In his letter, Atlas listed what he considered accomplishments in reopening schools and expanding virus testing while also defending himself against his many critics.
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In late February, Chen, the Chinese ambassador in Geneva, said Washington had threatened "weakened relations with the United States or losing World Bank and IMF loans" when warning some of the medium and small countries not to vote for China.
In her view, the Australian companies are keen to ride out this storm, and restore business confidence and get back to business as usual as quickly as possible. Thus, the road to recovery from this pandemic and its economic impact will require much greater international cooperation and a de-escalation of tensions between all parties.
In his opening statement for the closed-door testimony, Sondland criticized the president's handling of US foreign policy toward Ukraine on a number of fronts, including Trump's July phone call with Ukrainian President Volodymyr Zelensky requesting that Ukraine probe Democratic presidential hopeful Joe Biden, who served as vice president during the Barack Obama era. Trump had halted nearly 400 million US dollars in aid to Ukraine days before that call.
In his work report delivered at the annual session of the Shanghai People's Congress, Shanghai Mayor Ying Yong said that the city will help promote cooperation with East China's Jiangsu, Zhejiang and Anhui provinces in infrastructure construction, science and technology innovation, synergized development of industries, ecological environment and market system.