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As you may recall, some of those retailers (along with their big-box colleagues) have been raising a stink about Amazon.com’s new Price Check app which encourages in-store shoppers to find better deals online.

As the Chinese auto industry moves toward the mid- and high-end of the global value chain, Chinese cars have increasingly gained global confidence.

As we note in our recently released Regional Economic Outlook, the Asia-Pacific region remains the main engine of the global economy, and near-term prospects have improved since our report of October 2017. But there are many risks on the horizon, including a tightening of global financial conditions, a shift toward protectionist policies, and an increase in geopolitical tensions. In addition, over the longer run, Asian economies will face major challenges from population aging and slowing productivity growth, as well as the rise of the digital economy, which could yield huge benefits but also bring major disruptions.

As the second-biggest Chinese bond issuer, CDB has issued bonds worth over 20.0044 trillion yuan since its establishment, with its first market-oriented issuance back in 1998, the bank said in a statement on Thursday.

As the industry now grapples with overcapacity and high inventories, the government has released stricter subsidy rules to press automakers and battery manufacturers to upgrade technology and push forward the NEV industry.