India's annual imports from China are valued at billion, and SBI will focus on trade finance activities for a business of up to billion. Toward this end, it is in talks with the AIIB, the NDB, China's Exim Bank and the China Development Bank to jointly offer project finance and refinance services. Indian joint ventures in China as well as Chinese subsidiaries of Indian companies are expected to benefit, which in turn would help cement bilateral trade ties, he said.
In the week ending June 30, the initial jobless claims was 231,000, an increase of 3,000 from the previous week's revised level, the US Labor Department reported.
Indeed, with the rising labor costs in China, especially the coastal regions, many manufacturing jobs have been either relocated to the hinterland or countries such as Vietnam, Bangladesh and Ethiopia where labor costs are lower, or more competitive.
Indonesia had installed a series of tsunami warning systems across the archipelagic country, home to over 17,500 islands. But since 2012, the devices have not been functioning, and many of them were vandalized or stolen, said the spokesman.
Indian president is the ceremonial head of state, who plays decisive roles only in case of a hung parliament after general elections.
India must take the necessary measures to ease the safety concerns triggered by the current situation, Lu added.
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India, which receives twice as much sunshine as European countries, wants to make solar a cornerstone of its renewable expansion, but also wants to make use of its cheap and abundant coal reserves, the fifth-largest in the world.
In what may turn out to be a landmark case, JD, China's second-largest online retail platform, sued market leader Alibaba for antitrust violations in the Supreme People's Court in Beijing after 44 fashion apparel brands closed their JD online stores in 2017. JD claims that Alibaba required these brands to choose one platform or the other. Alibaba denies wrongdoing.
In the wake of the opening of Tencent's Silicon Valley data center in April, the new facility is expected to boost the group's cloud global availability zones to 34 in total. These span Singapore, Australia, Europe, the United States and the Chinese mainland.
In their latest filing, lawyers for the plaintiffs allege that Amazon “had a wink-and-a-nod understanding with its FBA vendors to increase Prime-eligible product prices by including shipping charges.”