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Sun Xinwei, deputy general manager of China State Construction Engineering Corp Central and Western African Region, advised that Chinese companies engaging in any large infrastructure projects in Congo should be aware of expenses for the period after the project is completed and before the official operation, as the Congolese government is suffering from an economic downturn due to oil price drop from 2014, which results in delayed payment.

Sun also listed several investment challenges in Ethiopia, such as the opaqueness of local tax policies, as well as laws and regulations, the lack of continuity in investment incentives, the complicated procedure of applying foreign exchange guarantees and employee residence permits.

Swaraj said both countries are major countries and emerging economies, and their good relations matter to the region.

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Sun Hongyan, a researcher at the China Youth and Children Research Center, said youngsters have a strong tendency to imitate and explore, but the problem is that many have limited control over how far they can go.

Suning.com, the retail unit of Suning Holdings Group Ltd, announced on Feb 12 that it will acquire a total of 37 department stores of Wanda Department Store Co Ltd, to enhance its online-and-offline retail businesses.

Suning announced its online order volume surged 72 percent year-on-year during the period, and in the first hour of Nov 11, the sales of top beauty and makeup brands increased 4.7 times compared to a year earlier. Sales of gold and jewelry, sportswear, health and nutrition products, and 5G smartphones jumped 2.6, 3.5, 2.2 and 10 times, respectively.

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Supervisory commissions will be given responsibilities, powers, and means of investigation in accordance with law.

Supported by more than 3,000 employees in China, Covestro's sales totaled 3.1 billion euros in China last year, accounting for around 21 percent of Covestro's global total and making it the largest single market to the company.

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Supported by sound economic fundamentals and a steadier yuan, companies' appetite for foreign exchange purchases have become more rational, according to the administration.

TAIPEI - The fall armyworm, a crop-eating pest, has been detected in 18 counties and cities across Taiwan as of Monday, the island's agricultural authorities said.