Second, the old industrial base in Northeast China should be revitalized. In the eastern part of China, it is a different story, as the area is abundant with resources and boasts a strong manufacturing base. The main problem is not financing but the local economic structure.
Seoul and Pyongyang have agreed to hold a summit on April 27, the first meeting between the leaders of the two sides in 11 years.
Sensing the imminent transformation, investors have been out to make the most of the emerging opportunities.
Seattle activists introduced a petition Thursday for a ballot initiative that would tax hometown tech giant Amazon to raise millions of dollars for affordable housing and other objectives.
Senate Majority Leader Mitch McConnell, who was the subject of withering attacks from comedian Jon Stewart and other activists, also hailed passage of the bill.
Sean J. Young, legal director of the ACLU of Georgia in Atlanta, vowed to challenge the law in court.
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Second of all, China inbound investment has always exceeded outbound investment, meaning that inflows of the yuan are greater than outflows. So, in order to turn the renminbi into a global currency, China has to create a global circulation cycle, and the key lies in opening up new capital accounts.
Seattle, along with New York and Chicago, accounted for half of all new downtown office buildings in the U.S. in the past year, according to the report. And the construction boom is not just in the city, as the Seattle area was one of eight regions representing half of all suburb office buildings completed in the last year.
Separately, in Japan, its Cabinet approved a policy on Thursday that enables the government to invalidate the visas of people coming from 36 European countries as well as Iran and Egypt in a bid to prevent the spread of the virus, as the number of cases reached 924 in the country.
Setting out from the Urumqi Assembly Center in Northwest China's Xinjiang Uygur autonomous region on Saturday, a China-Europe Railway Express train loaded with goods was bound for Almaty, capital of Kazakhstan.