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Among 17 A-share or H-share listed passenger car companies, 12 saw falling net profits while five had net profit growth; for the 12 commercial vehicle enterprises, nine registered a decline in profits while three posted profit increases.

Among its many achievements, ChinaSF has established three offices in China — in Shanghai, Beijing and Shenzhen and facilitated the first MOU China signed to focus on an energy efficiency initiative.

Americans are now blaming a host of social ills－stagnant wages, de-industrialization, inequality－even obesity and drug addiction－on globalization. More to the point, politicians and pundits of all stripes are blaming China. But most of the bad stuff that has happened in the US economy has little to do with globalization or China. Instead, it is caused by bad domestic economic policies followed over the last 30 years.

Amazon’s decision last year to boost the annual price of an?Amazon Prime membership is helping the company’s bottom line by covering more of its rapidly rising shipping costs.

Amazon’s stock price over the past 12 months. (Google Chart)