How China’s One Belt One Boulevard (OBOR) Initiative Works & Its Objectives

How China’s One Belt One Boulevard (OBOR) Initiative Works & Its Objectives

What Is One Belt One Road (OBOR)? One Belt One Road (OBOR), the brainchild of Chinese President Xi Jinping, is an ambitious economic development and commercial project that focuses on improving connectivity and cooperation among multiple countries spread across the continents of Asia, Africa, and Europe. Dubbed as the “Project of the Century” by the Chinese

What Used to be as soon as China’s One-Child Protection? Its Implications and Importance

What Used to be as soon as China’s One-Child Protection? Its Implications and Importance

What Was China’s One-Child Policy? The one-child policy was a rule implemented by the Chinese government mandating that the vast majority of couples in the country could only have one child. This was intended to alleviate the social, economic, and environmental problems associated with the country’s rapidly growing population. The rule was introduced in 1979 and phased out

One-Time Worth Definition

One-Time Worth Definition

What Is a One-Time Charge? A one-time charge, in corporate accounting, is a charge against a company’s earnings that the company’s managers expect to be an isolated event and is unlikely to occur again. A one-time charge can either be a cash charge against earnings such as the cost of paying severance expenses to laid-off former employees

What Is a One-Time Products?

What Is a One-Time Products?

What Is a One-Time Item? A one-time item is a gain, loss, or expense on the income statement that is nonrecurring in nature and therefore not considered part of a company’s ongoing business operations. To get an accurate gauge of a company’s operating performance, one-time items are usually excluded by analysts and investors while evaluating

What is Online Banking? Definition and How It Works

What is Online Banking? Definition and How It Works

What Is Online Banking? Online banking allows a user to conduct financial transactions via the Internet. Online banking is also known as Internet banking or web banking. Online banking offers customers almost every service traditionally available through a local branch including deposits, transfers, and online bill payments. Virtually every banking institution has some form of