We will improve planning for regional development.
Shanghai, by comparison, trades on 12.6 times earnings. This reflects a wide (37 per cent) spread between the Shanghai’s A shares and the H-share equivalents. Before the ups and downs of 2015 it was more usually below 20 per cent, hinting at significant upside to the H-share index. True, it does not represent the best of China’s “new economy”, being heavily skewed towards banks in particular. Growth forecasts are moribund. Yet with expectations already so dire, it is hard to see how they can worsen. Even property — beset with overcapacity — has been pulling out of its slump.
Canada, the second largest country in the world in terms of landmass, ranks No. 2 overall. It takes top spots in Quality of Life and Best Countries for Education.
How much time? And to what extent will bitcoin, in seeking wide adoption as a currency and as a protocol for new applications, face the hurdle of mainstream consumers’ lack of understanding? Adam Ludwin suggests that people don’t need to understand how the technology works to appreciate it. “It has the quality of early Internet,” he says. “People don’t actually know anything about how it works, but they don’t need to know, or care. They just know they turn their computer on and can check email.”
The city of 21 million people recorded 1.86 trillion yuan in total consumption in 2015, marking a yearly rise of 8.7 percent. Consumption contributed over 70 percent to the city's GDP growth.
Yes. Supply outages and geopolitical risk factors will probably persist, alongside output curbs by global producers. But whether prices can maintain levels at $70 or above is dependent on the willingness of Russia to keep backing a Saudi Arabia-led effort to cut production in the face of growing US shale supply. Other participants in the co-ordinated effort also need to sustain strong compliance with the deal, the incentive of which declines as governments reap the rewards of higher prices.