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Walmart China is getting smaller in terms of store size to improve its efficiency and enhance convenience for shoppers.

WASHINGTON - US President Donald Trump threatened to take action against the World Trade Organization on Monday after media reports said he wanted to withdraw from the global trade regulator.

WUHAN - The city government of central China's Wuhan has said to mark off or build about 2,500 km of non-motor lanes in downtown areas mainly for shared bikes.

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Wan added that upon arrival, their work will cover a wide range of aspects, including the layout of facilities, allocation and training of personnel, design of working procedures and proper disposal of medical waste.

Walmart has been working hard to compete with the Seattle-based online retail titan, recently changing the layout of its website to try and draw more sales. Earlier this year, Walmart acquired Yumprint, and plans to use the Seattle-based company’s recipe technology to augment its online and in-store offerings.

Wang Jin, a PhD candidate at the School of Political Science at the University of Haifa in Israel, said that "as a country of entrepreneurship, Israel has a large number of startups and innovative technologies, and China's manufacturing industry is well-developed, which can help transform Israeli technologies into products, that then enter the Chinese market."

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WASHINGTON - US State Secretary Mike Pompeo on Thursday named Stephen Biegun to be the new special envoy for the Democratic People's Republic of Korea (DPRK).

Wang Fang, a professor at the Renmin University institute, said Chinese companies and financial institutions need to enhance their capacity to manage risk in crossborder business transactions, and prevent policy and legal risks coming from some foreign countries.

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WILMINGTON - President-elect Joe Biden has tapped Pete Buttigieg to lead the US Transportation Department, according to four people familiar with the matter, making him the first of Biden's Democratic rivals for the presidency to land a role in his Cabinet.

WASHINGTON -- A new measure of global uncertainty around the coronavirus has surged to a record high, according to a blog post released by the International Monetary Fund (IMF) on Saturday.