In terms of the motivations behind outbound M&A activity, securing broader distribution channels and gaining market access are giving way to seeking out technological upgrades and capitalizing on premium foreign brands' established markets as key drivers, according to the report.
In response to the US tire tariffs, the Chinese government retaliated against US exporters of chicken parts, costing that industry about billion, according to the study.
In terms of volumes, 500 million hectoliters of beer were sold in China in 2014. That figure dropped to around 460 million hectoliters in 2016, according to consultancy Euromonitor International.
In recent years, as part of China's efforts to eliminate poverty, a large number of programs have been launched in impoverished regions across the country. Many poverty alleviation programs have become new power engines for local economic growth, created jobs for the local labor force and brought parental love to the children whose parents return to take up jobs in their hometown.
In response, the General Administration of Customs lowered the tariff on imported donkey hides on Dec 27. Meanwhile, on Jan 1, the administration cut the import duty on entire hides of a certain weight from 5 percent to 2 percent.
In recent years, the central government, the local governments of Bay Area cities, and the Hong Kong Special Administrative Region government have released a series of policies to encourage Hong Kong young people to explore opportunities in the 11-city Bay Area cluster, which aims to rival California's Silicon Valley.
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In such areas as innovation, public housing, social safety nets and education, there is urgent need for Hong Kong to strengthen its policy performance.
In response, the White House denied that the United States had declared war on Pyongyang.
In response, Geng said they are working to understand to the appetites of younger customers. Nanjie instant noodles now come in more than 10 varieties, including freshly-made noodles and hot-dry noodles (a signature snack in Wuhan, capital of central China's Hubei province).
In the 1990s, I came to Shanghai, finding that China's market economy had just kick-started, and many market activities were still in a primitive stage. For example, Sony began selling cameras and televisions in stores at that time, through a model of wholesalers selling to retailers and then to customers.