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Within retail, e-commerce is the segment that is poised to reap the most benefits. After all, it is a data-rich industry that is well-stocked with information about consumers' browsing histories, purchasing preferences and credit records.

Worldwide, the group expects growth to slow to 1.3 percent, down from its initial forecast of 2 percent. That would be below the 2.6 percent expansion in 2019, and the weakest since the 2008 financial crisis.

Wong Kam-fai, associate dean of the Faculty of Engineering of the Chinese University of Hong Kong, said the sanctions related to hi-tech products will have little impact on the city's scientific cooperation with the US as the two sides have established mutual trust based on many years of collaboration and clearly understand how the Hong Kong side uses those products.

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Witman Hung Wai-man, a Hong Kong deputy to the National People's Congress, noted that the bridge would also help consolidate Hong Kong's leading role as an air cargo hub in the Bay Area.

Work on the project is expected to start at the beginning of March this year.

Within hours of Biden's announcement that he would seek the Democratic presidential nomination, Trump dubbed him "Sleepy Joe" and called him someone whose "intelligence" had been "long in doubt". Weeks later, Trump amended the nickname to "Sleepy Creepy Joe". And the name calling hasn't stopped.

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With uncertainty plaguing every sphere of human activity in the current economic scenario, China's unique advantages for entrepreneurship have become prominent, he said.

Woellenstein expects Volkswagen to become the No 1 choice for new energy vehicles in China by around 2025.

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Wu said China requires a total of some 110 million metric tons of soybeans every year, but on average, 90 percent are imported from overseas because of limited domestic output of about 16 million tons annually.

Wood's fascination with China remains undimmed, and the good news for him and his viewers is that the country's history is far from exhausted as a source of future projects.