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As explained by Cherrie Shi, senior counsel of legal firm FenXun Partners, major reasons for multinational companies moving their manufacturing bases from China to counties in Southeast Asia include China's rising labor costs, overcapacity in heavy industry, and stricter rules and regulations on environmental protection. On the other hand, technology development and skills of the labor force have improved over time in China.

As Yang's business got better, his association rented another land of over 500 mu from 108 families living in poverty from nearby villages for a daylily plantation this year. He paid them about 500 yuan (.35) per mu per year for rent and hired local farmers to plant daylilies after getting training by specialists from his association.

As a result, the Federal Open Market Committee (FOMC) is likely to leave the federal funds rate at its current target level of 1.50 to 1.75 percent. The rate determines what banks charge each other for overnight lending, but also affects the cost of consumer debt and therefore influences spending.

As a deputy attending an annual legislative meeting in Beijing, Liu called for more efforts to cultivate AI talents, which is key to helping China play a leading role in the global tech arena.

As a loving mother of a toddler, Covington always tries her best to cheer her students up in class. Recently, she has been doubling down on that effort since the outbreak of the novel coronavirus in China, about which she said her online students, mostly kindergartners and primary school kids, felt really frustrated.