Even though the spotlight has been seldom onto the trade war impact on chemical industry, hundreds of tariff terms in the past two years have been related to chemicals and chemical manufacturing, making losses inevitable to both chemical producers in China and the United States.
As one of major industries in terms of economic scale and employment, the automotive industry in U.S. has been experiencing a complex situation of costs rising, sales slowing, emissions curbed, policies changing and an electric vehicles era set to come.
Spring Festival is China's most important holiday throughout a year. With a population of over 1.4 billion, the country embraces the world's largest human migration, known as "Chunyun" in Chinese, as people set off for family reunions or travels during the holiday.
In the past 20 years after Macao Special Administrative Region's return to China, with the full efforts from the Macao government in building long-term efficient mechanisms in areas including social welfare, education and health, Macao residents' livelihoods have been greatly improved.
2019 marks the 20th anniversary of Macao Special Administrative Region's (Macao SAR) return to the motherland. Under China's "One Country, Two Systems" policy, Macao SAR has experienced great transformation, undergoing substantial improvements in its economy, education system and residents' livelihoods.
What is the impact of coronavirus outbreak on China's economy? The government has now been pushing forward an array of disease prevention and control measures, ensuring sufficient supply of masks, limiting public gatherings and trips to Wuhan, the epicenter of the outbreak.