Not all of them are profitable businesses now. In fact, only one-third of them earn a profit. The rest have either fallen upon hard times or are on the brink of bankruptcy.
New mortgage rates for first-home purchases should not be lower than the related LPRs, while those for second-time buyers should be at least 60 basis points higher than the LPRs, said the People's Bank of China.
No, it’s not the congestion or the people or the Yankees (though they truly are insufferable).
Non-core office submarkets are becoming a new growth engine of the office-space property market in Beijing, insiders said.
Not any more. As chairwoman of the club, Wen Xiaoting adopted a hands-on approach. All-round reforms kicked in with well-defined goals, often leading to spectacular results.
No one can tell the story of Amazon.com, started in 1994 in a Bellevue garage and now boasting a 4 billion market value, like Bezos. ?He’s the ultimate spokesperson at a time when Americans are about to open their wallets for holiday shopping.
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Ningbo Customs officials check goods at Ningbo Port. [Photo provided to chinadaily.com.cn]
New regulations will block migrants from claiming asylum if they do not come to an official border crossing.
Nomura Chief China Economist Lu Ting predicted that this reduction could vary from 50 to 150 basis points for different types of financial institutions, just like the measure announced in last September when the central bank estimated that 450 billion yuan (.28 billion) of liquidity could be injected into the banking system.
Not all of them are profitable businesses now. In fact, only one-third of them earn a profit. The rest have either fallen upon hard times or are on the brink of bankruptcy.