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Ties have been developing steadily in the past decade as China and Germany have worked on putting aside their differences and expanding cooperation, and the two countries should continue looking for more common ground, Cui said.

TikTok said it started this move, over which there has been speculation for weeks, because it has no other choice.

Tianhong Innovation Asset Management has applied to adopt protection measures on a total of 90.02 million yuan in assets belonging to Leshi Internet Information and Technology, the Shenzhen-listed arm of Chinese internet company LeEco, as well as Lele Interactive Sports and Beijing Pengyi Asset Management Center, Beijing Business Today reported.

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Though proposed by China, the initiative is an open, inclusive proposal and welcomes participation from all sides, he said.

Though it is still a theory, Amir was confident that he could put it into practice in his country, rich with medicinal herbs, in a partnership with Chinese experts interested in investment to development the folk remedy.

Though progress has been made in tax and fee cuts, Fu Yifu, a researcher with the Suning Institute of Finance, told Securities Daily some problems persist, such as inadequate mechanisms for applying tax-cut bonuses and a lack of sufficient supervision for irregularities.

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Tightening lending for developers is one of the comprehensive measures that policymakers have been taking to curb speculation in China's real estate market since the second half of 2016. Developers, particularly smaller and privately owned firms, have been turning to other channels for fundraising.

Though a superstar and financially successful, Chow still enjoys taking a stroll out in public and using public transportation. He also said he uses only about 800 U.S. dollars a month.

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Through this agreement, the two companies will work closely together on future development, distribution, promotion, access, marketing and sales of INVOKANA in the country and Merck will hold the exclusive rights for INVOKANA's promotion in China.

Throughout his trip in Europe, Li repeatedly underlined China's resolve to preserve free trade and the multilateral trade regime, which serve as important drivers of world economic growth.