Standard & Poor's Global Ratings downgraded China's long-term sovereign credit rating by one notch on Thursday to A+ from AA-, citing risks due to an accumulation of debt, but analysts said the company has failed to thoroughly understand China's situation and exaggerated the risks it faces.
Staff numbers are growing. The number of undergraduate university faculty rose from 1.065 million in 1995 to 2.369 million in 2015, the report said.
Statistics from 11 premium carmakers show that their combined China sales in the first 11 months of 2017 reached nearly 2.24 million, an 18.1 percent rise year-on-year.
Standing by a furnace burning at over 1,300 C, Sun Yunyi's face is beaded with sweat. While watching the colored glaze bulge on one end of a long, hollow iron pipe, he blows air through the other.
Spring Airlines Chairman Wang Yu said the company is encouraged to see that the integrated development of Yangtze River Delta region has been lifted to the national level, as they have been operating under the main base in Shanghai and the regional bases in Yangzhou, Jiangsu province and Ningbo, Zhejiang province.
State Councilor and Foreign Minister Wang Yi speaks at a news conference on the sidelines of the annual session of the National People's Congress in Beijing, March 8, 2019. [Photo/Xinhua]
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Standing in front of the "Qiema," a two-tier rectangular wooden box containing roasted barley and fried wheat grain, Tseringtso said the decorations on the table -- ears of wheat, a porcelain sheep head, and a pot of highland barley, dates, air-dried beef, candies, nuts, butter, and brown sugar -- symbolize harvest in the next year.
Stephen Kiama, the vice-chancellor at the University of Nairobi, addresses participants at the launch of a Model Confucius Institute at the university's main campus. [Photo by Otiato Opali/chinadaily.com.cn]
Statistics from the Ministry of Commerce showed online retail sales in rural areas reached 777.13 billion yuan in the first half of this year, up 21 percent year-on-year. Agricultural products' online retail sales amounted to 187.36 billion yuan in China in the first half, with a year-on-year increase of 25.3 percent.
Starbucks' revenue from its China operations was 5 million in the quarter concluded Dec. 29, an increase of 13 percent over the year-ago figure.