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The opening of Mandarin Oriental Wangfujing in Beijing gave the final touch on WF CENTRAL, making it a commercial complex covering lifestyle retail, entertainment and relaxation.

The other companies joining the program include Switzerland-based online payment security firm Truxtun Capital, Japanese tech firm NTT Data Corp and German electronic-device testing and certification laboratory CTC Advanced GmbH.

The opposite of free trade, tariffs will result in a lot of losers. "It's hard to see any winners in this," said Anderson.

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The overhaul came after CRRC saw a slump in freight-car sales, reflecting weaker demand for railway cargo transportation both at home and in overseas markets.

The organization said in a statement that South Korea "has requested WTO consultations with the US concerning the use of facts available by the US' investigating authorities in anti-dumping and countervailing investigations".

The organizers of one of Europe's largest auto shows are closely monitoring the novel coronavirus outbreak and the COVID-19 disease it causes.

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The operations included 80 billion yuan of seven-day reverse repos, 70 billion yuan of 14-day reverse repos and 10 billion yuan of 63-day reverse repos, the People's Bank of China said on its website.

The partial resumption marked "the first step of a phased reopening" since the resort temporarily closed down in Jan 25 to prevent the further spread of the novel coronavirus outbreak.

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The over-allotment option, or additional shares to be offered to investors if demand exceeds the original offering, is 4.6 million shares. The company plans to convert 219.2 million preferred shares to Class A shares prior to closing the deal. This could eventually drive down the value of shares offered in the IPO.

The penalties, since lifted, would have deprived ZTE of US electronics components it desperately needs. Huawei, however, produces its own key components, giving the US less leverage.