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Geely is not new to the field of Chinese companies buying overseas assets. It is widely known as the owner of Volvo Cars, acquired in 2010 and The London Taxi Co which was bought in 2013. Buying into Saxo, however, marks its first move into the financial services market.
Global credit rating agency Moody's raised its growth forecast for the Chinese economy this year to 1.9 percent from 1 percent in a report on China's economic recovery earlier this week, representing the firm's only upward revision of growth of major economies in 2020.
Gates is expected to be the government's star witness in its case against Manafort. Gates, who also served on Trump's campaign, pleaded guilty in February and agreed to cooperate with prosecutors under a deal that could lead to a reduced sentence.
Given the strain on tech-enabled infrastructure in populous big cities, AI majors such as Megvii, Cloud-Walk and SenseTime have developed fever-detection systems with non-contact inspection tools and automatic alerts.
Global consultancy Accenture said it will showcase its latest digital applications at the expo, which will be a combination of intelligent applications, data and infrastructure necessary to tackle uncertainties.
广州脑干诱发电位检查视力
George Lau (left) and his colleague answer questions as European chamber released its South China Position Paper 2019/2020 in Guangzhou on Wednesday. [Photo by Zheng Caixiong/chinadaily.com.cn]
Give a significant discount to startups: Beyond the free tier and the BizSpark credits, we still need to slow down our cost. The primary problem with consumer startups is that the audience comes way ahead of revenue. I might have a million users on my site and yet I’m trying to figure out my revenue model.
German premium carmaker BMW is working with China's e-commerce giant Alibaba to help drive digital transformations across businesses in the world's largest auto market.
Geng also said the establishment and development of diplomatic relations with China, the world's second-largest economy with more than 1.4 billion people and a bright future, "will surely bring unprecedented development opportunities for Kiribati".