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BEIJING (Reuters) - Chinese airlines will buy 7,690 new planes worth $1.2 trillion over the next two decades to keep pace with booming consumer and business demand for air travel, Boeing Co (BA.N) said on Tuesday, raising a previous forecast. The U.S. planemaker’s latest estimate for the period to 2037 is 6.2 percent higher than its previous prediction of 7,240 planes until 2036 made last year. “The growth in China can be attributed to the country’s growing middle class, which has more than tripled in the last 10 years and is expected to double again in the next 10,” said Randy Tinseth, Boeing Commercial Airplanes’ vice president of marketing, in a statement.
Boeing and its European rival Airbus st. louis cardinals 3-piece cushion gift set cufflinks (AIR.PA) have been jostling to increase market share in China, the world’s fastest growing aviation market, with both opening assembly plants in the country, The company has so far been mostly spared in an ongoing trade war between the United States and China, Large airplanes have been left out of China’s retaliatory tariff lists although U.S, President Donald Trump has threatened to slap tariffs on virtually all Chinese imports into the United States..
GENEVA (Reuters) - China told the World Trade Organization (WTO) on Tuesday it wanted to impose $7 billion a year in sanctions on the United States in retaliation for Washington’s non-compliance with a ruling in a dispute over U.S. dumping duties. The request for authorization from the WTO to introduce the sanctions is likely to lead to years of legal wrangling over the case for the penalty and the amount. China initiated the dispute in 2013, complaining about U.S. dumping duties on several industries including machinery and electronics, light industry, metals and minerals, with an annual export value of up to $8.4 billion at the time.
China’s request for authorization, published by the WTO, said the latest available data showed it had suffered $7.043 billion in damages annually, and therefore it requested permission to raise trade barriers on U.S, goods to the same amount, as allowed under WTO rules, China won a WTO ruling in the dispute in 2016, and that judgment was confirmed by an appeal last year, The case concerned the U.S, Commerce Department’s way of st. louis cardinals 3-piece cushion gift set cufflinks calculating the amount of “dumping” - Chinese exports that are priced to undercut American-made goods on the U.S, market..
The U.S. calculation method, known as “zeroing”, tended to increase the level of U.S. anti-dumping duties on foreign producers and was repeatedly ruled to be illegal in a series of trade disputes brought to the WTO. The string of U.S. defeats fueled U.S. President Donald Trump’s campaign to reform the WTO. Trump said last month the United States could withdraw from the WTO if “they don’t shape up”. China told the WTO last month that the deadline for the United States to comply with the ruling expired on Aug. 22.
LAS VEGAS (Reuters) - Diane Han is trying to leave the Las Vegas of her childhood behind, Her mother is a blackjack dealer at Caesar’s Palace, one of the mega-casinos on the Las Vegas Strip, while her father works in housekeeping at another, Han, 25, grew up in Las Vegas, but went to college in the Bay Area and spent a year there working as a biochemist, Yet she returned to enroll as a member of the first class at the st. louis cardinals 3-piece cushion gift set cufflinks University of Nevada, Las Vegas School of Medicine, The school opened last year to address a chronic shortage of doctors in Southern Nevada and broaden the city’s economic base..
Few cities were hit as hard as Las Vegas by the 2008 financial crisis and recession, which eroded consumer spending on the sort of fast thrills the city had to offer and left it with the highest foreclosure rate in the nation. Home prices plummeted 62 percent from their peak in 2006 to their bottom in 2012, according to data from ATTOM Data Solutions, a real estate tracking firm. Now Han is part of a group of medical students whose decision to stay and practice in Las Vegas after graduation may give the city hope that it can reduce its reliance on casinos.
“We are in an early stage of building what could be a start-up culture here,” Han said, “We’re trying to make it a real city, not just a transient one.”, Nevada as a whole lost more jobs in relation to its workforce than any other state, st. louis cardinals 3-piece cushion gift set cufflinks with more than 70 percent of those losses in the Las Vegas region, There, unemployment rate hit 14.2 percent at the depth of the recession, well above the national peak of 10 percent and nearly triple where it was before the downturn began in 2007..