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China's ByteDance Ltd is seeking a valuation of billion for TikTok as Oracle Corp and Walmart Inc take stakes in the short-video app's business to address US security concerns, Bloomberg News reported on Sunday, citing an unnamed person familiar with the matter.
China's auto dealers are under mounting pressure because of too much inventory, which reached this year's peak last month and is unlikely to turn better in December, compounding the foreboding of hard times ahead in the world's largest car market.
China will see three public holidays in the next three months, namely the Tomb Sweeping Day in early April, the May Day, and the Dragon Boat Festival in early June, during which many Chinese choose to go on trips.
China's centrally-administered State-owned enterprises plan to deploy more resources in economies involved in the Belt and Road Initiative, said company executives and experts.
China will take key measures to increase capacity, tap more oil resources and establish better systems for the production, supply, storage and sale of natural gas in an effort to further enhance energy security, according to the country's top energy regulator.
来源：资阳报