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Nearly 70 percent of mobile phone covers across the country are produced in Shenzhen, with the annual market value amounting to 20 billion yuan.

Neighbours China and Pakistan, which both claim parts of the region, have voiced fierce opposition to India's move dropping a constitutional provision that had allowed the country's only Muslim-majority state to make its own laws.

New drivers of growth will be fully harnessed to support jobs and market entities, with a particular focus on the employment of college graduates, rural migrant workers who have returned to their

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Nevertheless, by so doing most Western aid donors have been spoon-feeding African states instead of teaching them the technical expertise of socioeconomic development. Hence, most of the African continent remains destitute and underdeveloped, as most of this hard cash in the form of aid and loans has been feeding the stomachs of the continent's elites at the expense of the poor and vulnerable masses.

Nearly 90 percent of all transactions in the trillion-a-day currency markets involve the dollar on one side of a trade, while only 4 percent use the yuan, as per a triennial forex survey by the Bank for International Settlements.

Nevertheless, the Goldman Sachs analysts expect no earnings growth in US companies this year due to a sharp decline in Chinese economic activity, lower demand for US exports, supply chain disruption and increased economic uncertainty.

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Nation playing important role in finalizing global standards 

Nepal has introduced new Industrial Enterprises Act, Special Economic Zone Act and new Foreign Investment Policy lately, offering more facilities to investors and easing the process of investing in Nepal.

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Nepal reported 5,008 new confirmed cases on Saturday, once again setting a record-high number of confirmed cases in a day since the outbreak.

Nesler said a good example is the Empire State Building in New York City, where a Johnson retrofitting project resulted in 38 percent energy savings and a three-year payback for the cost of the improvements.