Meanwhile, Amazon has been expanding its Prime membership program at considerable cost, saying it will spend nearly .5 billion in the current quarter to continue its shift from two- to one-day free shipping as the core Amazon Prime benefit. Increased spending on shipping is one reason Amazon fell short of Wall Street’s profit expectations in its third-quarter earnings report last week.
Meanwhile, Chinaplans to grow sales from its big-data sectorto 1 trillion yuan (5 billion) by 2020, according to the Ministry of Industry and Information Technology.
Meanwhile, according to a March report by the Boston Consulting Group, over the next three to five years, US companies could lose 18 percentage points of global share and 37 percent of their revenues if the United States "completely bans semiconductor companies from selling to Chinese customers, effectively causing a technology decoupling from China."
May said she would “continue to work closely with the highest levels of Chinese government to ensure our relationship delivers for business and for people right across the UK and China”.
Meanwhile, it serves as an important stabilizer in the world that the two countries maintain close communication and coordination as well as mutual support on major regional and global issues, said Putin.
Meanwhile, in Washington a political storm was astir as US President Donald Trump on Thursday disputed Puerto Rico's official death toll of 3,000 from hurricanes last year and accused Democrats of inflating the figure reached in an independent academic study.
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Meanwhile, Democratic and Republican congressional leaders were expected to attend a briefing on border security at the White House as the government remains partially shut down and Trump asks in a tweet, "Let's make a deal?"
Meanwhile, China's kitchen appliance sales outshone other segments in the household appliances market, which appeared gloomy in the past year as the real estate market has been reined in and prices of raw materials soared.
Meanwhile, Park Won-soon, mayor of Seoul, South Korea, reportedly has sued leaders of a religious group at the center of South Korea's surge in the number of confirmed cases of the coronavirus.
Meanwhile, direct investment recorded a net inflow of .9 billion into China in the July-to-September period, and investors from overseas injected more than billion into China's equity market, the spokeswomen said.