Galloway: Look, I think we need to double down on capitalism. I worry that the US is not capable of moving from capitalism to socialism. It goes from capitalism to fascism. If you have capitalism on the way up and socialism on the way down, there’s a word for that. It’s cronyism.
GUIYANG -- For thousands of impoverished households in Southwest China's Guizhou province, air -- the most unlikely source of money, has brought them solid incomes.
GM now has more than 10 new energy vehicle models in China. Their sales more than doubled in the first nine months from a year earlier.
GUANGZHOU - Nearly 1,000 people from South China's Guangdong province, Hong Kong and Macao attended a drug-burning ceremony Monday to commemorate the historical destruction of opium 180 years ago, the provincial public security department said.
Gao Wenhua, from the fintech industry in Lanzhou, capital city of Gansu province, shared his entrepreneurial concept that "being poor helps one to stay independent, and being rich helps the whole world", which is consistent with "No Poverty" as the first goal of the 17 SDGs.
Gao Zhishun contributed to this story.
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GENEVA - Trade barriers being erected by major economies could jeopardise the global economic recovery and their effects are already starting to show, the World Trade Organization said on Wednesday in a report on trade restrictions among G20 nations.
Frustration
Gao Feng, spokesman of China's Ministry of Commerce, made the statement in Beijing on Thursday in response to the news report that Verizon Communications Inc has dropped plans to sell smartphones by Chinese manufacturer Huawei Technologies Co under pressure of the US government.
Further development of China's financial markets was encouraged to better serve the real economy, so more debt and equity offerings may be supported, predicted Hong Hao, chief strategist at BOCOM International.