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Search resuls for: "Ting Liu"


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Last year, New York City opened Fifth Avenue as a pedestrian street on December weekends. During the 2022 holiday season, New York City Mayor Eric Adams turned an 11-block stretch of the iconic Fifth Avenue into an "open street" for three weekends in December. This is just the latest example highlighting New York City's efforts to pedestrianize busy corridors. At the same time, Open Streets saw the number of businesses on them grow by 10%, while non-pedestrianized streets saw a 20% decrease in the number of businesses. However, there are downsides to Open Streets in New York City.
Persons: , Eric Adams, Adams, That's, he's, Ting Liu, Tom Harris Organizations: New York City, Service, Mastercard, New, Office of Technology, Innovation, Bloomberg Associates, Times, Times Square Alliance, Columbia University Mailman School of Public Health Locations: New York, Midtown, New, , Astoria, Queens, New York City
A Chinese woman has been exposed in a massive wage fraud scheme, holding 16 jobs at once. The scheme brought in an estimated $7 million and involved 53 fake workers, Chinese media reported. Wage fraud is a massive problem in China, with at least 700 gangs working the system. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. The woman, named only by the pseudonym of Guan Yue, was part of a massive labor fraud scheme worth almost $7 million, Chinese state-owned newspaper Xinmin reported.
Persons: Guan Yue, Guan, pseudonymously, Liu Jian, Liu, Yang Hong, they're Organizations: Service, unraveled Locations: China, Wall, Silicon, Shanghai
BEIJING, Oct 30 (Reuters) - He Lifeng, head of China's state planning agency, is likely to succeed the country's economic tsar Vice Premier Liu He in March, but may struggle to maintain his predecessor's policy clout. That paves the way for He's expected promotion as the 70-year-old Liu is due to step down in March. The departing Liu, Xi's top economic adviser and a childhood friend, holds an unusually powerful portfolio: it covers economic policy, the financial sector and trade ties with Washington, overshadowing the role of outgoing Premier Li Keqiang. Some analysts say part of the expanded role that Liu built up during his time as economic tsar could be taken over by other top officials. "If He Lifeng does indeed get the job, his portfolio will overlap with that of the new Premier, Li Qiang," Julian Evans-Pritchard at Capital Economics said in a note.
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