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Chinese electric car startups are having a tough time raising money to turn their blueprints into reality as their vehicles are increasingly alike and those on the market fail to meet expectations.
Chinese companies appear to be leveraging the festive spirit as well. Numerous domestic retailers on e-commerce site Taobao have kicked off Christmas sales, just days after the "Double 12" promotions on Dec 12.
Chinese internet search giant Baidu Inc reported its total revenues reached 28.1 billion yuan (.93 billion) in the third quarter of this year, flat from last year, while its net profit slid to 4.4 billion yuan, down 35 percent from 6.75 billion yuan a year earlier.
Chinese companies have invested more than billion and built 56 economic and trade cooperation zones in 20 countries along the routes, generating nearly .1 billion in tax revenue, creating 180,000 local jobs and spurring the economic development of these countries.
Chinese courts will not support employers if they terminate labor relations with people on the grounds that the employees are from regions hard hit by COVID-19 outbreak, such as Hubei province, or patients of the disease, according to a guideline issued by China's top court on Monday.
来源：资阳报