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The price of oil is a proxy for future economic activity. Investors fear the coronavirus outbreak could slow the worldwide economy and reduce demand for oil. The price of Brent crude, a worldwide benchmark, fell .41 a barrel Monday, or 4.16 percent.

The project will cover 67,000 square meters in Caidian district in the provincial capital of Wuhan. The new production line will cost around 300 million yuan (.8 million).

The program will be co-financed by a loan of 150 million euros (about 167 million US dollars) from the German Development Bank.

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The profile details how Nordstrom is attempting to reposition its efforts online, including mobile, taking a page out of Amazon.com’s playbook by patiently investing in longer-term projects. Interestingly, Nordstrom’s online efforts weren’t always paramount, and those knowledgeable of Seattle tech history will recall that Nordstrom.com once operated as an independent company bankrolled by Madrona Venture Group and others.

The price rises have greatly benefited industrial enterprises, such as Aluminum Corp of China, which announced a plan on Thursday to invest 16 billion yuan in five of its subsidiaries after posting a more than tenfold rise in net profits for the first nine months. The company said the exceptional profit growth is attributable to an improving market environment as a result of the country's deepening supply-side reform.

The project that links Heihe, a city in Heilongjiang province and Blagoveshchensk in Russia's Amurskaya region started simultaneously on both sides of the river, and when completed will become the first cross-border cableway in the world.

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The program is expected to cover about 10,000 people, and the Shanghai Soong Ching Ling Foundation plans to donate blood glucose meters worth nearly 500,000 yuan to families of low-income patients.

The private sector has a role to play in boosting rural entrepreneurship. China's leading agribusiness company New Hope Group has budgeted 50 billion yuan (.9 billion) in five years to invest in a comprehensive network that produces, sells, and promotes high-quality agricultural produce, said its chairman Liu Yonghao.

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The project found that storms, floods, drought and heat waves worry even the largest companies, while at the same time, Merck, Apple and Home Depot also see new revenue opportunities.

The project, the biggest since Mozambique's independence from Portugal in 1975, was mostly funded by the Export Import Bank of China and built by the China Road and Bridge Corporation, but British companies have played a role.