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Lu said Beijing had taken note of remarks made by US Secretary of State Rex Tillerson that Washington would consider talking with Pyongyang after the Democratic People's Republic of Korea to the north stops all nuclear and missile tests.

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Luke Ellis, CEO of asset management company Man Group, said China has great potential as it is one of the most liquid markets in the world. "I think the opening-up of Chinese financial market in the past five years has been remarkable, and we are always happy to embrace more opportunities," said Ellis.

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Luckin Coffee has delayed its second round of financing, which was originally scheduled for some time in April to June, due to insufficient operational data.

MANILA - Typhoon Yutu made landfall over Isabela province in northern Philippine main island Luzon early Tuesday morning, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said.

MANILA - The finance ministers and central bank governors of the Association of Southeast Asian Nations (ASEAN), China, Japan and the Republic of Korea (ASEAN+3) on Friday reaffirmed their commitment to resisting "all forms of protectionism" as well as commitment to "an open and rules-based framework for multilateral trade."

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Luminaries including Pan Yunhe, academician at the Chinese Academy of Engineering, Ding Lei, NetEase founder and CEO, and Zhang Jianfeng, president of Alibaba Cloud Intelligence, also delivered speeches at the main forum of 2020 WDEC.

Lore believes undercutting Amazon?will?be enough to lure customers away from the competition. Ironically, it’s the same tactic that was used by Amazon to compete with Diapers.com.

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Lu also announced other measures to develop China's commodity futures market, such as accelerating the launch of rice and fertilizer futures, guiding more companies and fund managers entering the market, and assisting in formulating the Futures Law.

MEXICO CITY - Tropical storm Sergio has formed in the Mexican Pacific coast to the southwest of the southern port city of Acapulco, said Mexico's National Meteorological Service (SMN) on Saturday.