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IOC president Thomas Bach and HYX president Liu Ruiqi jointly made the announcement at a meeting in Beijing.

If the tax cut proposals are passed by the NPC, the value-added taxes may be lowered by 800 billion yuan overall, according to Robin Xing, chief economist in China for Morgan Stanley. He expected the VAT rates to be lowered by 1 to 2 percentage points for each tax bracket.

IKEA Group — the world's largest furniture retailer — had launched a similar app that allows customers to preview items from their home. However, it focuses only on IKEA's own 500 to 600 products with the help of Apple's technology and experience in AR.

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I would probably still be looking after yaks and sheep or cultivating barley like the older generation."

If single consumers need help, they can always call a travel consultant on their smartphone.

If the trade war continues for a long time, US consumers will ultimately be the ones footing the bill, O'Hollaren stressed.

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If Netflix increases the price of its service to .99 a month, it will cost almost more than Prime, but that’s peanuts compared to the nearly price difference that would have existed if Amazon hadn’t raised the price of Prime.

IATA estimates the impact of the later Lunar New Year-related travel period holiday represented around two-fifths of the slowdown in year-over-year growth for the month.

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If you go

IBM also claimed that "ICL's position and the decline in its profits led to its decision to cancel the project."