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Amid escalating trade friction, central SOEs reported steady profit growth in the first four months of 2019 as their combined profits saw year-on-year growth of 13 percent to 435.68 billion yuan (.1 billion) during the period. Companies in sectors such as manufacturing, defense, transport and construction outperformed the others, data from SASAC show.

Amazon’s Loss Leader

Amid the coronavirus outbreak, the economy and employment in less-developed regions as well as the third-and fourth-tier cities were hit badly.

Amazon’s marketing strategy is a little off-beat here, as past ads have featured random actors on the beach or confused Kindle owners testing out the Mayday feature. The company is also getting aggressive by showing the lack of voice support on Roku, although comparing competing products in advertisements is nothing new for the Seattle online retailer.

Among the world's 20 richest women, only Wu Jiajun, chairwoman of Longfor Properties, earned her wealth on her own, while all the rest 19 women were the beneficiaries of an inheritance.