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Bank economist says a US downturn due to China trade war is not an "alarmist" prognosis
Based on an NBS survey conducted in November, the national unemployment rate that month stood at 5.1 percent, and among people ages 25 to 59 years old, the rate was 4.6 percent, roughly unchanged from October.
Bai Ming, a researcher at the Chinese Academy of International Trade and Economic Cooperation, the think tank of the Ministry of Commerce, said many countries and regions related to the Belt and Road Initiative have lots of resources but lack enough capital.
Baidu plans to mass-produce self-driving buses this year in cooperation with commercial vehicle manufacturer Xiamen King Long United Automotive Industry Co. They could run in designated areas, such as scenic spots, according to Li.
Bank of America reported stronger-than expected earnings Thursday, but said it set aside billion to cover bad loans and credit losses amid the downturn.
来源：资阳报