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Tag: fiscal

Starbucks reports China recovery as customers return to stores

wangxiao05/04/20230

SHANGHAI, May 3 (Xinhua) — U.S. coffee giant Starbucks said Wednesday that the company has posted a recovery in its Chinese mainland business this year, fueled by a rebound in traffic as customers re

China keeps development as top priority in 2023

wangxiao03/10/20230

By continuing to give top priority to development in 2023, China will ramp up efforts to expand domestic demand, improve the business environment for private companies and prevent financial risks, amo

Hong Kong to adopt "moderately liberal" fiscal stance in new budget

wangxiao02/22/20230

HONG KONG, Feb. 22 (Xinhua) — The Hong Kong Special Administrative Region (HKSAR) will take a \”moderately liberal\” fiscal stance in the new financial year, said Paul Chan, financial secretary of the

U.S. willful practice of long-arm jurisdiction harms others without benefiting itself

wangxiao02/13/20230

Cartoon by Ma Hongliang.For a long time, the U.S. has frequently exerted long-arm jurisdiction over other countries in order to maintain its hegemony, and its \”arms\” are now extending further.Its arbi

Pivoting to long-term resilience in 2023

wangxiao02/09/20230

An employee works at a plant in Xiaoshan district of Hangzhou, Zhejiang province, on June 27. [Photo/Xinhua]The year 2023 is set to be a critical turning point for China, not least because the country

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