Local authorities took the initiative to crack down on shanzhai products in the past few years, forcing many stores to close. The rapid development of internet-based phones, televisions and other electronic devices has also substantially squeezed profits of upstream component suppliers, while many small and micro-sized distributors in Huaqiang North market depend on these suppliers. Some tenants have been forced to close their businesses as profits slumped.
Local people have turned bomb shelters into various kinds of places for daily uses, such as restaurants, tea houses, gas stations, wine cellars, and even large underground complex of stores in Chongqing in Southwest China. [Photo provided to chinadaily.com.cn]
Located in Mathare, the second-largest slum in Nairobi, the Mcedo Beijing Primary School was built in 2007 with a donation from the Chinese Embassy in Kenya.
Lord Mayor of City of London willing to take long-term view to strengthen multilateralism
Local destinations are reopening and gaining foot traffic, with central China's Henan province receiving 5.75 million trips, 61 percent of the same time last year. Major tourist attractions in the southwestern Sichuan province posted ticket sales revenue amounting to 60.18 percent of the same period last year.
Local retailers have not fared much better. Bankee Kwan Pak-hoo, a board member of the Hong Kong Retail Management Association, said the city's retail industry has recorded a high single-digit drop in July and is expected to post a high double-digit decline in August.
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Liu's arrest in the United States on suspicion of criminal sexual conduct in August 2018 raised concerns that he held too much power under JD's concentrated ownership and decision-making structure.
Located on the China-Nepal border, Mount Qomolangma is the world's highest peak. It's northern part is located in Shigatse, in the Tibet autonomous region.
Looking back, Luo is grateful for the experience as it taught her the first lesson of entrepreneurship: A resilient mind-set.
Local commerce bureau has listed 333 exhibitions around the globe as recommendations for local businesses to attend. Shortly after the holiday season, in January or February each year, for example, Zhu will go to Frankfurt Consumer Goods Trade Fair in Germany to get prepared for the coming year.