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Amazon’s announcement that it was pulling out of a planned 25,000-person “HQ2” in New York City elicited a wave of shock and surprise from coast to coast on Thursday morning.
American Airlines, the largest US carrier, said it will from Feb 9 through March 27 suspend flights from Los Angeles to Beijing and Shanghai, citing sagging demand in the wake of the coronavirus outbreak.
American businessman Peter Shiao had worked hard with his Chinese capital partners on an investment fund, and just as they prepared to announce it this year, China-US trade tensions escalated, forcing Shiao to make an abrupt change in plan.
Among the favorites are home appliances maker Midea Group Co Ltd and third-party testing agency Centre Testing International Group Co Ltd, said Wang Hanfeng, chief strategy analyst from Beijing-headquartered China International Capital Corp.
Among the 489 projects signed at the Western China International Fair Import and Export Expo, 454 were projects with domestic investment totaling 554.9 billion yuan and the other 35 with foreign investment of 61.74 billion yuan.
