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The US market, which is the birthplace of world's top construction machinery brand Caterpillar, is a highly competitive market and represents the top standards. After exporting, and communicating with US customers for a while, XCMG gradually won their respect.

The UNWTO meeting officially opened on Wednesday in Chengdu, capital of the Sichuan province and an economic center in western China. It will last through Saturday.

The US-Taliban agreement reportedly also included the commencement of intra-Afghan negotiations.

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The US has ignited the largest trade war in economic history, as additional tariffs on Chinese goods violate World Trade Organization rules and represent a typical "trade bully", posing a grave threat to the global industrial value chain, according to a statement by the Ministry of Commerce.

The UK has become the second-largest investment destination for Chinese companies in Europe. In 2018, the average revenue growth of the 750 largest UK-based Chinese-owned companies increased by 11.6 percent, with employees totaling 80,000 and with a combined turnover of 68 billion pounds ( billion).

The United States is working on an exascale supercomputer, but its prototype will not appear until 2023. Japan is building a machine that can make 130 quadrillion calculations per second, which could surpass Sunway TaihuLight.

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The US death toll is the most of any country in the world, with nearly 4.9 million known cases.

The United States also slapped sanctions on the trade of four materials with Iran, which Washington claimed are used in connection with Iran's nuclear, military or ballistic missile programs, said the statement.

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The United States claims that it has "patiently urged China" and that China ignored the US request, but the truth is that trade differences have always been an important issue to China, who has been promoting the resolution of differences through dialogue and consultations with maximum sincerity and patience, with the hope to protect China-US trade and economic cooperation, satisfy the growing needs for a better life of the Chinese people, and promote quality growth of the Chinese economy. From February to June this year alone, China engaged in four rounds of high-level economic talks with the United States, and has announced the China-US Joint Statement with important consensus reached on strengthening trade and economic cooperation and avoiding a trade war. But due to domestic politics, the United States has gone back on its words, brazenly abandoned the bilateral consensus, and insisted on fighting a trade war with China. China has done its utmost to prevent the escalation of trade frictions. The United States is fully responsible for the current situation.

The US unemployment rate is 3.5 percent, near a 50-year low. President Trump touted the strong economy in his State of the Union address to Congress Tuesday and is expected to highlight strong employment in his re-election bid this year.