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Relief measures provided as COVID pandemic adds to difficulties faced

Ren Zhengfei, founder of Huawei Technologies Co Ltd, said the Chinese tech company is likely to double its revenue in five years, as the difficulties it faces today will not have big impact on its business.

Regulatory authorities will pay close attention to overseas investment in key industries, such as property, hotels, entertainment, cinemas and sports clubs, according to Yan Pengcheng, spokesman for the National Development and Reform Commission.

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Republic of Korea's President Moon Jae-in visits the history exhibit at the Museum of the Provisional Government of the Republic of Korea in Chongqing on Saturday. [Yonhap News Agency]

Republican Senate Majority Leader Mitch McConnell told reporters that he thought "everybody ought to tone down their rhetoric".

Regulations requiring Shanghai households and enterprises to sort their trash will create opportunities in circular economy

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Reserve ratio requirement for banks to be lowered by 1 percentage point

Ren Zeping, chief economist of property developer Evergrande Group, said the downward pressure faced by the economy had been reflected in the job market, even though large-scale layoffs were highly unlikely.

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Related Story: Tech leaders differ over Amazon’s future in Seattle and the logic behind ‘HQ2’Amazon employs about 40,000 workers in the Seattle area, making it one of the region’s biggest employers. The growth spurt has accelerated in recent years as Amazon ambitiously expanded into areas such as entertainment, groceries, video games and more. With its acquisition of Whole Foods and its planned second headquarters, Amazon is well on its way to employing more than 500,000 workers.

Relations between China and the United States are at a crucial moment, and both sides need to think clearly about one another through the fog of perception and misperception, the former prime minister of Australia and current president of the Asia Society, Kevin Rudd, said on Wednesday.