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He was invited there to take the helm of a new restaurant that aims to stand out as a beacon of excellence in South China's culinary landscape. After sampling authentic Cantonese cuisine, he was soon impressed by the variety and freshness of the local ingredients, and promptly agreed.

He stepped down as senior chairman in 2000, but remained a critic of the fund industry and Wall Street, writing books, delivering speeches and running the Bogle Financial Markets Research Center.

He suggested that Shanghai could establish core cultural industries with distinctive advantages, such as an e-sports industry with ChinaJoy as its platform, or a global film and television creation center with the Shanghai International Film Festival as a multi-functional communication platform.

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He then found a branch and walked into the river to show them how dangerous the river was.

He started Kunming Anti-Gravity Tech Ltd early this year.

He urged the transformation and upgrading of the real economy, and expressed support for advanced equipment manufacturers to compete globally.

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He was reluctant to take the job at first and mistakenly thought the work of a coordinator was nothing more than "persuading people to donate". One of his colleagues quit without any donations over six months.

He said the company’s third-party sellers also love Prime because it increases sales. When sellers elect to?have Amazon store and ship merchandise from its own warehouses, retailers see an 20 percent jump?in sales.

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He spoke highly of the insurance industry's efforts in aiding those who applied for enforcement and were in trouble, such as the PICC providing applicants with insurance that granted due compensation if those subject to enforcement failed to compensate in time.

He warned that the deterioration in trade relations may be even worse than shown by the report and urged all parties to sit down and address the issues.