Galimberti considers China and the US to still be in the tariff negotiation stage. If solutions can't be found, and if China and the United States descend into an all-out trade war, it would impact GDP growth negatively, he said.
GM CFO Chuck Stevens told CNBC that GM has seen no slowdown in China despite threats and counter threats between Beijing and Washington. "We expect to see another strong year when it comes to China," he said.
GUIYANG - Few people like to rent an old tumbledown house, but if it is in a village only 4 kilometers away from the UNESCO world natural heritage site Libo karsts it is a different story.
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Gao Feng, the ministry's spokesman, said China has been resolutely pushing forward supply-side structural reform in foreign trade. The labor, capital and resource utilization efficiency, as well as environmental protection awareness of domestic manufacturers have been effectively improved.
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Gao Hongqing, CEO and managing partner of New Margin Capital Co, said that personalization and high-quality content are the key to a valuable We-media, which should consistently produce high-quality content through continuous learning.
Gao said this in response to a foreign media report on Thursday that China may allow foreign companies to establish new energy vehicle businesses with sole proprietorship in China.
GUIYANG - Ten people have been confirmed dead and eight others remained unaccounted for as of 2 pm Friday after a boat capsized on a river in Southwest China's Guizhou province Thursday afternoon, according to local authorities.
GM sold 461,716 vehicles in the first quarter in China, down 43.3 percent year-on-year. But the carmaker is steering back toward normal operations.