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Walmart China plans to invest 8 billion yuan (.16 billion) in logistics and supply chains in the next 10 to 20 years, including building or updating more than 10 distribution centers to improve its supply chain capacity, the company's top executive said.

Wang Huiyao, president of the Center for China and Globalization, believes that the pandemic has also led to a "reboot of multilateralism", with countries understanding the need to work together.

WASHINGTON - US Secretary of State Mike Pompeo spoke over phone on Monday with Egyptian Foreign Minister Sameh Shoukry on Libya and bilateral ties, said the US State Department.

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Walmart also plans to extend special invitations to users of its mobile app, email subscribers and fans of its Facebook page for an online-only Cyber Monday preview event on Sunday, December 1, which will include “up to 20 of the best Cyber Monday items.” Amazon hasn’t released details about its plans for Cyber Monday just yet.

WASHINGTON－SpaceX announced a new partnership on Tuesday for a venture that will send four tourists deeper into orbit than any private citizen before them, in a mission that could take place by 2022 and easily cost more than 0 million.

Wages of domestic manufacturing workers with a high-school education rose by 53 percent from 2010 to 2014, according to China Household Finance Survey data cited by BI.

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WASHINGTON - US Secretary of the Commerce Department Wilbur Ross on Tuesday pledged to give fair treatment for Chinese investment in the United States as the Donald Trump administration stepped up efforts to promote foreign direct investment in the country. In an address to hundreds of Chinese investors at a reception hosted by China General Chamber of Commerce - USA, Ross said he appreciated the large participation of Chinese delegation in the SelectUSA Investment Summit this year, saying it was "China's largest delegation ever" to the summit with 155 participants. "Please let me know how to help you follow up with the opportunities you have uncovered during the course of this conference," Ross said, adding the Commerce Department will help Chinese investors navigate any potential problems with other federal, state, or local agencies. "I hope that my fellow cabinet members and business tycoons who spoke at the conference have made it clear to you, that if you do invest here, you will be treated fairly and with respect," he said, promising that "the playing field will be totally level." Chinese investors have warmed up to pouring money into the United States in recent years, hitting a record billion in 2016 alone, triple the amount seen in 2015 and a tenfold increase compared to just five years ago, according to a report jointly released by the Rhodium Group and the National Committee on US-China Relations (NCUSCR). Ross said the relationship between the Chinese government and the US government has become "very closely and very friendly" since Chinese President Xi Jinping and US President Donald Trump met at the Mar-a-Lago estate in Florida in April. "I believe that they like and trust each other, and that's a wonderful foundation for doing business, and diplomatic and other relationships between the two countries," he said, noting the two sides were able to announce concrete cooperative agreements in agricultural trade, electronic payment, energy and financial services just 40 days after the Xi-Trump meeting. "These agreements have led to even more collaboration, and our two teams continue to hold twice daily phone calls," Ross said, believing the two countries will seek further agreements that benefit both countries. "Both countries are very much interested in concrete near-term deliverables, not endless discussions," he said.

WASHINGTON－The coronavirus continues to ravage the world, with the death toll topping 500,000, swelled by the pandemic's tightening grip on the Americas. As cases surge there, Africa is emerging as a new focus of concern.

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Wall Street stands empty as the coronavirus keeps financial markets and businesses mostly closed on My 8, 2020 in New York. [Photo/Agencies]

Wang Jianyu, president of the Chinese Academy of Sciences Shanghai branch, said, "Hawking was truly an extraordinary man who gave birth to so many brilliantly innovative ideas in his so dreadful physical condition."