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During his visit to Madrid, Chinese President Xi Jinping, speaking in the upper house of the Spanish Parliament, announced plans to expand access to Chinese markets for foreign investors and strengthen the protection of intellectual property rights, Reuters reports. According to the Chinese leader, over the next five years, China will import goods worth 10 trillion dollars. The agency reports that a state visit to Spain involves the conclusion of several deals. However, a source in the Spanish government said, Spain did not plan to join the Chinese leadership’s initiative, “One Belt, One Road”. As previously reported, the European Union drew the attention of the Chinese leadership to the fact that European companies were at a disadvantage because of the rules in force regarding intellectual property in China.
On Friday, the Chinese technology company ByteDance said that it would consider listing its domestic businesses in Hong Kong or Shanghai due to rising Sino-U.S. tensions. The company's standalone listing in Hong Kong or Shanghai might value ...
Apple, Google, Amazon, and Facebook’s chief executive officers faced Republican and Democratic U.S. lawmakers on Wednesday for the much-anticipated congressional hearing. The CEOs were questioned for alleged abuse of their market power ...
The dollar was briefly lifted on Thursday after the U.S. Federal Reserve offered no concrete clues about its next course of action, while investors hoped for an easy policy as the coronavirus resurgence stalled economic recovery. The dollar ...
On Wednesday, European stocks rose slightly after mixed earnings reports. However, the new wave of the coronavirus outbreak kept investors cautious while they also wait for the U.S. Federal Reserve’s announcement. The Stoxx Europe 600 ...
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
KYC Policy