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The collapse of one of the largest milk producers, Dean Foods, which filed for bankruptcy in November, has highlighted the sector's problems, ranging from new types of milk to health concerns.

The comments came after the US announced criminal charges against Huawei, the world's largest communications equipment manufacturer, and one of its top executives.

The commission, China's top banking and insurance regulator, said it will formulate detailed rules to improve the accuracy of asset classification based on the current five-category system that organizes bank loans according to their inherent risks. The categories are pass, special-mention, substandard, doubtful and loss.

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The company expects to build a united commercial community to channel its more than 5,000 offline companies and 130,000 online members worldwide, where great potential can be foreseen, he said.

The companies signed on to the letter include Amazon, Microsoft, Google, Facebook and Twitter, along with a wide array of other companies from across the tech sector. While there are a few names notably absent from among the signers, including Apple, Box, Oracle and SAP, New America Foundation Fellow Marvin Ammori said their absence?may have been related to how the letter was compiled.

The company aims to deploy about 10,000 intelligent recycling machines in first-tier cities including Beijing, Shanghai and Shenzhen, Guangdong province, within one year, according to Ni.

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The company announced at the Paris Air Show on Tuesday that International Airlines Group, the parent company of British Airways and other carriers, signed a letter of intent for 200 Boeing 737 aircraft.

The command post computer-simulated joint military drills were launched early this month, not mobilizing military equipment and armed forces, to verify the ROK military's initial operational capability (IOC) for the transfer of wartime operational control of the ROK's troops from Washington to Seoul.

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The cleanup drive is similar to a flash mob. Everything is planned online, word spreads online and the campaign goes viral, while earning praise on social media.

The company has more than 200 engineers at its Shanghai research and development center to create new products and solutions tailored for the Chinese market.