Wanda's efforts to reduce its debts came after China's banking regulator criticized the company in June for a spending spree that saw it buy billions-of-dollars-worth of overseas assets and accumulate large debts on a range of other major projects in China.
Wang Chen, vice-chairman of the National People’s Congress Standing Committee, made the remarks at a meeting in Beijing while delivering a report on a national legislative inspection of the implementation of the law on infectious disease prevention and control.
WASHINGTON - US Secretary of State Mike Pompeo warned on Wednesday that the West's deterrence is "on the horizon" to respond to Russia's recent confrontation with Ukraine and its military moves in Venezuela.
Waitongwu, once a tea-producing village, impressed the visitors with its efforts to raise locals' incomes by building a cluster of art studios. The exhibition hall of Alibaba, China's e-commerce giant, demonstrated how digital technologies are being used to fight rural poverty, uplift retail and run a city more efficiently.
WASHINGTON - US President Donald Trump was seen wearing a mask while visiting a military hospital near Washington, DC, on Saturday, the first time he did so on camera since the coronavirus pandemic broke out in the country.
WTO membership has invigorated the Chinese manufacturing sector. China's economy has grown into the world's second-largest. Millions of Chinese people have been lifted out of poverty, thanks to a wide range of products its manufacturing sector makes.
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Wang Hongmei, hematology director of the Shenyang-based hospital, called the procedure challenging because the marrow must be delivered in 48 hours and the distance to the patient is great.
WELLINGTON - New Zealand Finance Minister Grant Robertson will visit Australia's Canberra on Friday where he will meet with Australian political and business leaders to discuss the actions both governments are taking on the economic impacts of COVID-19.
WASHINGTON -- US Secretary of State Mike Pompeo said Wednesday that the missile launches by the Democratic People's Republic of Korea (DPRK) would not dampen the environment for negotiations on denuclearization.
Walking from the east gate of the Central Academy of Fine Arts to its main studio takes less than 30 minutes, but for Li Cheng, a former campus security guard at the academy, the journey has taken almost a decade.