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Luo also said that by 2020, the domestic CNC sector should be able to meet 80 percent of manufacturing demand from key areas like aviation, aerospace and automobiles.

M2 is a measure of money supply that includes cash and some other holdings like short-term deposits.

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Luxury labels are at the center of a new online battle between Chinese internet giants looking to cash in on the consumer craze for designer fashion.

Lyft and Uber are similar companies with different business plans. Lyft is focused on North America and reportedly is growing faster. Uber has used its strong brand to expand into food delivery and bicycle sharing. Uber is strong is Australia and New Zealand, but sold its operation in China to Didi Chuxing, to Yandex in Russia and to Grab in Southeast Asia. Anti-trust concerns ended prior merger talks between Lyft and Uber.

Love this. “When the anecdotes and the data disagree, the anecdotes are always right” on keeping the connection to the customer @Jeffbezos @amazon #allhands #bepeculiar @amazonnews pic.twitter.com/oVhifpiUh3

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Lower interest rates will reduce the cost of consumer debt and borrowing for business investment. Consumer spending represents about 70 percent of the US economy.

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MACAO - Macao's first confirmed novel coronavirus infection patient had recovered from the disease and was discharged from the hospital, the special administrative region's health authorities said on Thursday.

Lula's attorneys said the donations were normal and regular, with an identified origin and not related to any commitment. They also stressed that the donations were made not to Lula, but the institute, which is an organization separate from the ex-president and aims at preserving objects which are part of Brazil's cultural heritage.