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China announced on Wednesday a list of US products valued at billion annually that are subject to additional tariffs as a reciprocal trade measure to safeguard its legitimate interests.
China Pacific Insurance will offer about 102.87 million GDRs, each of which represents five A shares of the company, said the prospectus. The price of the GDR has been finalized at .6 per share. Once the company exercises the overallotment option, which will not exceed 10 percent of the base offering, the total proceeds of the issuance will be around .99 billion.
China Telecom Bestpay, a wholly owned subsidiary of China Telecom Corp committed to mobile payment, announced Thursday plans to invest 10 billion yuan (.5 billion) in resources to boost its presence in the fast-growing market.
China aims to restore normal delivery capacity in the courier sector by mid-March in regions outside of Hubei province, the epicenter of the novel coronavirus outbreak, the State Post Bureau said on Monday.
China and the US are expected to collaborate on scientific and technological innovation as well as facilitate the flow of talent between the two countries, said Zhang Jianxin, deputy Chinese consul general in San Francisco.
来源：资阳报