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The Trump administration earlier this week proposed a 25 percent tariff on 1,300 Chinese industrial and other products. In response, China released a list of similar proposed duties on US imports worth billion.

The Silk Road Economic Belt and the 21st Century Maritime Silk Road, known as Belt and Road Initiative, were proposed in 2013 with the aim of building a trade and infrastructure network connecting Asia with Europe and Africa along the ancient trade routes.

The Shanghai Futures Exchange began calculating the index based on futures trading during the night session of Monday and the index rose during Tuesday's trading.

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The Thai Ministry of Commerce had indicated that trade between Thailand and Hong Kong was valued at .5 billion in the year 2018, with exports estimated at .5 billion and imports .9 billion.

The State-owned Shandan Farm is an ideal location for breeding and raising horses, thanks to lay of the land and abundant water and grass resources.

The TikTok logo is pictured outside the company's US head office in Culver City, California, on Sept 15, 2020. [Photo/Agencies]

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The Silk Road in the air also will boost the development of Central China, Wang added.

The Siemens logo is seen on a building in Berlin, Germany, Oct 31, 2018. [Photo/Agencies]

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The Swedish company that sells modern Scandinavian-design ready-to-assemble furniture, kitchen appliances and home accessories has thrived for more than two decades in China on its business model that focused on large brick-and-mortar shopping centers.

The Taycan, an electric sports car from Porsche, and its charging pole are displayed at the second China International Import Expo in Shanghai. [Photo by Zhang Dandan/China Daily]