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The UN agency's optimistic projection on China is shared by other major international agencies as Beijing's timely and effective policies to restore economic and social activities have yielded positive results with the economy back on a steady track to recovery since the second quarter.

The US Chamber of Commerce estimates that 455,000 American jobs are put at risk by tariffs, and consumer prices are expected to rise in the US as a result of the tariffs on Chinese imports.

The United States expelled two Cuban diplomats in late May after some US Embassy personnel in Havana reported that some "incidents" caused "a variety of physical symptoms" in them.

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The US crossed the threshold of 20,000 COVID-19 patients in intensive care beds on Sunday, according to the COVID Tracking Project. The country reported 158,715 new infections on Monday.

The United Nations' human rights office on Wednesday said it is deeply concerned by the presidential pardons for the four security guards.

The UN General Assembly resolution on mass entrepreneurship and innovation also testifies that other countries have begun reflecting on the problems brought about by traditional development models, and they are increasingly willing to accept other development approaches.

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The US Federal Reserve left interest rates unchanged Wednesday as employment and the economy remained strong despite moderate consumer spending.

The US investment bank expects the CSI 300 Index, a gauge that tracks 300 major listed companies in Shanghai and Shenzhen, to reach 4,200 points by the end of 2020. It said that it will stay strategically positive on Chinese sectors including 5G, retail, and pharmaceuticals in the coming year.

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The United States tech giant IBM announced it has signed a million agreement with the Industrial and Commercial Bank of China, the world's largest commercial bank, to help the latter's Argentina branch accelerate its digital transformation over the next five years.

The US PC firm also has two global service centers, three factories, eight research and development centers as well as 12,500 staff in the Chinese market.