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Recently, the brand began to sell its two-year-old, 100 percent agave blend to China, the United States and Greece as major destinations.

Recession fears come amid continued uncertainty about global trade, tightening labor markets, rising costs and global political instability, the survey of some 750 CEOs found.

READ MORE: Lam stresses 'one country, two systems' in resolving HK impasse

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Recent success in the Premier League has lifted Tottenham's profile in China, where the club is the 10th most-followed European soccer team on Chinese social media, according to Shanghai-based sports marketing company Mailman.

Rabbit, a stainless steel casting of an inflatable rabbit, was the star of the auction house's spring sale and overtook the previous record set by British painter David Hockney's Portrait of an Artist (Pool with Two Figures), which sold in November at Christie's for .3 million.

Qureshi's remarks came at a time when the Taliban and the US officials are holding talks in Qatar.

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Raymond Wang, partner with global consultancy firm Roland Berger, highlighted China's commitment to further deepen opening-up.

Rapid growth in the central region has to do with robust infrastructure development, where construction of railways has helped improve regional connectivity and helped the region get better involved in the Belt and Road Initiative, according to the regional economy report issued by the Chinese Academy of Social Sciences earlier this month.

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Recently, a large number of corrupt Chinese officials and State-owned-enterprise directors have fled to the US, Canada and New Zealand to evade punishment. China has no bilateral extradition treaties with those countries.

Ran Chengqi, an official at Beidou Navigation Satellite System, told the Eighth China Satellite Navigation Conference that the Beidou System would account for 240 billion to 320 billion yuan of the market in 2020.