In an updated economic outlook released Wednesday, the 189-member lending institution predicts US GDP growth to slow from 2.3 percent in 2019 to 1.8 percent in 2020 and then decelerate further to 1.7 percent in both 2021 and 2022.
In a?recent interview with contextChina, Steve Mushero, co-founder and CEO of ChinaNetCloud had the following to say about the state of the cloud computing industry: “the whole world is far behind Amazon and China is far behind the rest of the world.”?So why isn’t Amazon capitalizing on this opportunity by introducing AWS to the Chinese market? Mushero attributes Amazon’s absence to regulatory issues associated with data centers as well as special licenses required for foreign companies to operate a cloud in China. He also doesn’t anticipate an improvement in the regulatory environment and, therefore, expects local cloud computing players, such as Alibaba, to win out over foreign providers.
In breakdown, policy financial bonds accounted for 55.7 percent of the total trading volume in August to 188.6 billion yuan, while Chinese government bonds contributed 97.8 billion yuan, 28.9 percent of the total monthly trading volume.
In another sign marking progress the CPC has made in strict governance over the Party, since the 19th CPC National Congress, 316,000 corrupt "flies" and "ants," or lowly officials, were punished in some 238,700 cases involved with corruption concerning the immediate interests of the people.
In addition, the president claimed "nothing came out" of his July phone conversation with Ukrainian President Volodymyr Zelensky, an episode standing at the center of the impeachment proceeding initiated by House Speaker Nancy Pelosi in late September.
In conjunction with WeChat, Destination DC launched the “City Experience Mini Program” app last fall giving Chinese visitors information about the city’s most famous sites, shopping malls and restaurants with Mandarin audio guides.
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In an online statement published late Wednesday, Senior Colonel Ren Guoqiang, a spokesman for the Defense Ministry, slammed speculation about China's military development mentioned in the 2017 US National Security Strategy Report published by US administration on Monday.
In early trading Friday, the Dow Jones Industrial Average rose 701.98 points, or 2.65 percent, to 26,983.80. The S&P 500 gained 2.02 percent. The Nasdaq Composite added 1.30 percent.
In breakdown, the design sector raked in 149.06 billion yuan in sales revenue with a year-on-year growth of 23.6 percent, accounting for 42.1 percent of the total in the IC industry.
In an industrial park in Beijing, workers were surprised to find the food they ordered online being delivered by a robot, which can take elevators and navigate all the way from a restaurant in an underground floor to an office on the 15th floor.