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The Service Sector Becomes New Driver of the Chinese Economy | News [Video]

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The China Association of Trade in Services (CATIS) released a report on Monday stating that the services sector and services trade have become new drivers of the Chinese economy.

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In 2019, growth in China's services sector accounted for 53.9 percent of the country's gross domestic product (GDP), contributing 59.4 percent to overall economic growth.

Import and export volumes of trade in services hit US$790 billion, up 2.8 percent year-on-year and ranking second globally for the sixth consecutive year, the report noted.

The report also discusses the promotion of institutional opening-up in the services sector and trade, as well as bilateral and regional free trade in services.

Trump’s trade war is a failure.
Always likely to fail, as almost everyone who understands trade explained. Trump admin’s poor strategy practically guaranteed failure, ditching TPP, picking fights with allies instead of leading a bloc. Now it’s clearly failed even on its own terms https://t.co/TvTtJPkxVJ

— Nicholas Grossman (@NGrossman81) September …

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Everything Coming to Netflix, Disney+, HBO Max, Hulu & Amazon Prime Video in October 2020 [Video]

October is just around the corner, and all of the most popular streaming services out there are getting ready to overhaul their rosters and introduce a bunch of new content once the calendar flips. Netflix, Disney+, HBO Max, Hulu, and Amazon Prime all have a slew of new movies and TV shows set to [...]

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Amazon has issued a warning to PlayStation fans who have pre-ordered the PS5. Wednesday night, Amazon began taking pre-orders for the PS5 alongside Best Buy, Walmart, GameStop, GAME, Target, and other retailers. As you would expect, within minutes Amazon's stock was depleted. And this has happened [...]