Starbucks has closed more than half of its 4,300 stores in China. The move came after the Seattle-based chain had a 3 percent same-store sales increase in China during the fiscal first quarter. Starbucks shares closed Wednesday in Nasdaq trading at .72, down .88 or 2.12 percent.
Sri Lankan Roman Catholic devotees pray outside the St. Anthony's church, one of the sites of Easter Sunday attacks in Colombo, Sri Lanka, Tuesday, May 21, 2019. [Photo/IC]
Statistics from GozenData, a big data analysis company which specializes in display terminals, showed the penetration rate of smart TVs in China has reached more than 50 percent, and the figure is expected to reach 80 percent in the next three to five years.
Statistics from market consultancy IDC showed the shipment of Chinese wearable devices reached 73.21 million units in 2018, up 28.5 percent year-on-year. It is expected to hit 120 million units in 2023.
Standard Chartered is not only a beneficiary of, but also a participant in and a contributor to China's reform and opening-up policy. In particular, the bank has participated in and made due contributions to China's Belt and Road Initiative and the internationalization of the RMB. With a global footprint that covers around 70 percent of Belt and Road-related economies, Standard Chartered has been able to enjoy the fruits of China's success as its companies look to "go global" and take advantage of Belt and Road opportunities globally. In 2017 alone, the bank was involved in more than 50 deals linked to Belt and Road economies.
Staff members of the Thailand branch of SINOHYDRO Corporation volunteer to participate in the rescue in Phuket in southern Thailand. [Photo/POWERCHINA]
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Standards need to be formulated by members of associations, chambers of commerce and industry technology alliances through independent consultation and implemented voluntarily by related units.
Stephane Dujarric, spokesman for the United Nations secretary-general, also said the UN will "continue to closely follow developments on this matter", according to a UN news report.
Statistics released recently by the SPC showed that more than 3,200 Chinese courts established online mediation offices in 2019, helping resolve nearly 3 million disputes before litigation.
Standard Bank Namibia's chief executive officer Vetumbuavi Mungunda said in a statement Wednesday that he was proud that Standard Bank is at the centre of Chinese business, investments and projects in Namibia.