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As a result, the University of San Francisco (USF) has only 120 freshmen from China this semester, compared with 600 to 700 in 2018, according to Stanley Kwong, an adjunct professor of business at the university.
As a global firm,its international network empowers Cohn & Wolfe to connect businesses around the world. As part of this, it not only gives hands to multinationals in the Chinese market, but also helps local companies going global.
As Videgaray briefed Wang on the recently signed United States-Mexico-Canada Agreement, Wang said trade pacts should not be used to restrict members' legitimate rights and interests, and still less to practice exclusionism.
As explained by Cherrie Shi, senior counsel of legal firm FenXun Partners, major reasons for multinational companies moving their manufacturing bases from China to counties in Southeast Asia include China's rising labor costs, overcapacity in heavy industry, and stricter rules and regulations on environmental protection. On the other hand, technology development and skills of the labor force have improved over time in China.
As a result, implementing a "more active fiscal policy" is important, he said, such as increasing the deficit moderately, reducing corporate tax burdens and pushing forward the reform of personal income taxes.
来源：资阳报