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Last year, Hongqi's sales hit 100,000 units, double the target. The brand said it will strive to reach annual sales of 200,000 units this year, 400,000 units by 2022 and exceed 600,000 units by 2025.

Last month, The Telegraph reported that the UK government had decided to allow the use of Huawei kits, with various restrictions in place. The Telegraph received the information via a leak from a top-level security meeting. Gavin Williamson was fired from his position as UK defense secretary following an investigation into the leak.

Last Friday, Tencent said in an official announcement that shareholders will be entitled to apply for China Literature IPO shares to the preferential offering on Oct 20. The register of members of the company will be closed on that date and no transfer of shares will be registered on the same day, according to the announcement.

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Lardy said he has been writing for years that Japan is more closed than China, citing figures that foreign companies in Japan produced 1 percent of Japanese manufactured goods at the peak, while the rate in China is 25 percent for two to three decades.

Last week, Chinese Ambassador to the US Cui Tiankai expressed thanks to the US business community for its shipment of 2 million masks to China.

Last year, GAC took measures on 12 IPR protection cases in which foreign infringement violated the rights of Chinese companies, up from 4 cases in 2015.

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Last year, Chinese enterprises invested 7 billion in Latin America, and the contracts signed were worth 4.2 billion. Turnover from completion of projects contracting was 2.9 billion.

Last summer, BMW announced it would assemble its new electric Mini next year at its Cowley site, near Oxford in the UK, with motors built in Germany. The German automaker said it did not ask for any Brexit-related assurances from the British government when making its decision.

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Last month, BAIC launched the Beijing-X7, the first strategic model under its new Beijing brand to meet the various demands of different countries.

Last week, Amazon announced the winners of its HQ2 contest, concluding more than a year of competition between cities, fervent speculation, and nonstop media coverage. One office will be located in a new Northern Virginia neighborhood called National Landing, just across the Potomac river from Washington D.C. The other will be in the Long Island City neighborhood of Queens, separated from Manhattan by the East River.