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SHANGHAI - China has seen 21 banks set up wealth management subsidiaries, 19 of which have been operational, said Zhou Gengqiang, deputy secretary-general of the China Banking Association.

SEOUL - ROK President Moon Jae-in has picked special envoys to be dispatched to China, the United States, Russia, Japan and the European Union, senior presidential press secretary Yoon Young-chan said on Monday.

SANYA - A direct air route was launched on Thursday between Sanya, a famous tourist destination in South China's Hainan province, and London.

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SAN FRANCISCO — Tesla CEO Elon Musk and the electric car company have agreed to pay a total of million and make a series of concessions to settle a government lawsuit alleging Musk duped investors with misleading statements about a proposed buyout of the company.

Rushmore features 60-foot sculptures of the heads of George Washington, Thomas Jefferson, Abraham Lincoln and Theodore Roosevelt that occupy a granite mountain in the Black Hills region of the state. It drew nearly 2.5 million visitors in 2016, according to the National Park Service.

Russia, the United States and Saudi Arabia have recently agreed to coordinate action to help stabilize oil markets and minimize the impact of oil price volatility on the global economy.

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SHANGHAI - Ampil, the 10th typhoon this year, has made landfall on the island of Chongming in Shanghai at 12:30 pm Sunday, packing winds of up to 28 meters per second near its eye, the municipal meteorological observatory said.

SHIJIAZHUANG - Construction on a high-speed railway linking Beijing with Chongli district of Zhangjiakou city is underway, local authorities said on Monday.

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SAFE warned of external uncertainties, especially those originating in the United States, but expected forex reserves to stay generally stable.

SLE is now working with Shanghai-based Heyi Advisors on plans to establish a Chinese studio employing Stan Lee's methodology to create the next generation of global superhewroes in China.