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Huawei is the only highlight among global smartphone vendors in the first quarter of 2019, as the company experienced strong positive growth in shipments and market share despite market headwinds, market research firm IDC said in its quarterly report on April 30.

I don't think my Chinese employees need a special motivation. But I think the biggest mistake many foreign companies make in China is they think they know everything. Respecting Chinese employees is very important.

Huang said China is expected to devise new policies, such as those regarding finance, consumption, exports and currency, to cushion the economic slowdown.

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Huntsville will be the site of a new .6 billion auto plant announced in January by Toyota Motor Corp and Mazda Motor Corp. The plant would employ up to 4,000 and make about 300,000 vehicles a year. Toyota already has a large engine plant and a network of automotive suppliers in the state. Toyota said in a statement that steel tariffs will increase costs and prices for auto companies.

Hubco Coal Power Plant raised .5 billion from a consortium of banks led by China Development Bank.

Huawei also said in January that Kunpeng 920's power efficiency is 30 percent better than that offered by industry counterparts, which can greatly reduce energy costs.

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Huang's experience of working from home epitomizes an emerging trend in today's job market. Young people aged 30 and under are becoming much more interested in working for themselves than being tied to an office chair.

Huawei shipped 54.2 million smartphones in the three months ended June, moving into second position with a record high market share of 15.8 percent.

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Huawei has donated millions of protective masks around the world since March to help fight the COVID-19 pandemic.

Huo Xuewen, head of the Beijing Local Financial Supervision and Administration Bureau, said at a news conference that over 100 financial institutions from home and abroad would participate in the exhibition online or offline. "We have also successfully invited 43 foreign-funded financial institutions to join the fair, including Morgan Stanley, UBS, Deutsche Bank, Daiwa Securities, Goldman Sachs and Oaktree Capital, covering a wide range of countries like the United States, Germany, France, the United Kingdom, Switzerland, Japan, Belgium and the United Arab Emirates," Huo said.