Ministry Of Magic Wax Stamp Cufflinks - Newest
Become official with your very own Ministry of Magic wax stamp cufflinks. Each detail has been carefully picked out in raised metal and bright crimson enamel, making this set a true statement piece, perfect for any aspiring Wizarding World bureaucrat. Turn the cufflinks over to discover the Harry Potter logo stamped on a round swivel closure. Officially licensed by Warner Bros. Entertainment Inc.
TOKYO (Reuters) - Nissan Motor Co said Chief Executive Officer Hiroto Saikawa did not mention a need to review the automaker’s equity partnership with French partner Renault SA at a town hall meeting he held with staff on Monday morning. Nissan made the comment after the Nikkei business daily quoted Saikawa as telling employees that Nissan’s “tie-up relationship with Renault was not on an equal basis”, noting that Renault owns 43 percent of Nissan, while the Japanese firm holds a non-voting 15 percent in Renault.
PINGDINGSHAN, China (Reuters) - When Cao Jun, 40, an engineer from the central Chinese city of Pingdingshan, takes his old, grey MG 3 car to be serviced he always steals a few moments to pop into the Nissan (7201.T) and Honda (7267.T) dealerships next door, But the Civic and Sylphy sedans in the showrooms are just eye candy, Cao wants to upgrade his car, but he’s facing a steep loan repayment on his flat, medical bills for his wife and a tough local economy in his once-prosperous ministry of magic wax stamp cufflinks coal town..
Cao is far from alone. China’s car market, the world’s largest, is on the brink of its first sales contraction in almost three decades, according to industry data, a signal of wider economic strains that are rattling the country’s leaders in Beijing. The slowdown - aggravated by a protracted trade war with the United States - is being most sharply felt in smaller, provincial cities like Pingdingshan, the engines of growth for Chinese consumption of cars and an array of consumer goods.
China has long hoped to spur consumption in these provincial cities as a way of diversifying an economy long reliant on manufacturing, But a slump in consumption spending is already being seen in things like cinema ticket sales, online shopping and smartphones purchases, Part of the reason is that provincial city consumers like Cao are being squeezed tight, Speaking to ministry of magic wax stamp cufflinks Reuters as he drove his MG through the outskirts of the city, Cao said capacity cuts at his main employer - the state-owned coal and chemicals conglomerate Pingmei Shenma Group - meant his income this year had dropped sharply..
He has taken up driving part-time for the ride-hailing giant Didi Chuxing to make ends meet. On a salary of around 6,000 yuan ($864.40) a month, Cao said he puts at least 1,000 yuan towards paying off his house loan, 400 yuan on medical bills for his wife and another large chunk on his two daughters’ education. “All these things put together, they slowly start to turn the screw on your life,” he said. “I want to drive a better car, but my situation won’t allow it. He added that the family had also cut back on luxuries like long-distance travel and fancy restaurants.
Cutbacks on car purchases by Cao and others like him in China’s smaller cities, are hitting ministry of magic wax stamp cufflinks local car dealers and global automotive makers from General Motors Co (GM.N) to Volkswagen AG (VOWG_p.DE), “The main slowing markets now are those 4-6 tier cities in China,” said Xu Haidong, assistant secretary general at the China Association of Automobile Manufacturers, referring to smaller provincial urban centers, “These were the cities leading China’s auto sales growth in the past few years.”..
GRAPHIC: China's auto market stalls - tmsnrt.rs/2QDhPUR. Consumers and car dealers in Pingdingshan all painted a similar picture. The city, 150 kilometers south of the provincial capital Zhengzhou, went through boom years from the 1990s, buoyed by a flourishing coal industry. But amid a nationwide shift to cut reliance on polluting industries and a sharp shift away from coal, the city has suffered. Pingmei Shenma Group, one of the area’s biggest employers, has cut back coal capacity and seen profits fall - creating a ripple effect through the local economy.
The group, like many state-owned firms around the country, reaches far into the community: it operates hospitals and schools, and provides pensions, subsidized housing for workers, water, heating and power, During the growth years, a family car became a symbol of status and success in the city, driving growth faster than the national average, That has now changed, “The situation here is really bad, We sold 40 percent fewer cars in October than September,” said Zheng Shuke, a ministry of magic wax stamp cufflinks manager at an SAIC-VW dealership near a busy freeway outside Pingdingshan, “This is very unusual in the 6 years I’ve been an auto dealer.”..