Marc Fisher, a senior editor at the newspaper, examined Trump and Bezos as foils of one another: two billionaires with radically different opinions on the future of the U.S. economy and society. Trump is “a staunch bricks-and-mortar man who made his fortune building towers and dealing with blue-collar workers,” Fisher writes. Bezos is “a space enthusiast who experiments with robots and operates much of the cloud where the new economy’s data lives.” The difference is “as much philosophical as it is economic, as much about the fraying of communities as it is about the shape of commerce,” according to Fisher.
Market expectations have deteriorated as reflected in the poor purchasing managers index readings in major advanced economies. The International Monetary Fund has lowered its global growth projections several times and expects to see negative growth this year.
Massive tax reductions and financial support for nonpublic enterprises' key technological projects are encouraging those firms to invest more in scientific research and innovation, which would help to advance the nation's industrial upgrade. [Photo/VCG]
Many young people in China face a situation similar to Jia's. They seek a better life in big cities, leaving their parents in their hometown. But once the elderly become ill, they face the problem of getting their children to return to care for them.
Markauskas highlighted that the Chinese market is attractive to Lithuanian food producers due to its size. "The Chinese market is one of the most profitable, and, of course, largest," Markauskas told local media.
Matt Tsien, president of General Motors China, said, "Shanghai is in a great position to become a leader to embed connectivity technology into a comprehensive traffic management system, which will help increase transportation capacity within dense urban settings."
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Many people prefer relaxed, 'freestyle' excursions with families, expert says
Many small, uncompetitive enterprises are likely to close as China pursues high-quality growth and industrial upgrading.
Maryland did it last week. Republican Governor Larry Hogan issued an executive order releasing inmates eligible for home detention or whose prison term will expire within the next four months and aren't serving time for a violent or sexual offense. An inmate's medical condition and other special needs also are taken into consideration. Inmates age 60 and older with good behavior can be considered for release on an accelerated basis.
Many of today’s most valuable tech companies — Microsoft, Apple, Facebook, Google, etc. — don’t make a big splash at the annual Consumer Electronics Show these days, and in some cases they don’t attend at all.