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Reform of China's value-added tax (VAT) will start from April 1, cutting the VAT rate for sectors including manufacturing from 16 percent to 13 percent.

Rare-earth exports by China fell to 3,640 metric tons in May from 4,329 tons in April, according to the General Administration of Customs. In the first five months, China exported 19,266.8 tons of rare earths, down 7.2 percent year-on-year.

Raphael Coelho, CEO of Popeyes China, said the Chinese consumer market continues to be a strong attraction for international brands and the Shanghai store is testimony to the demand. The 470-square-meter flagship store incorporates both Chinese and Louisiana design aesthetics and aims to create a premium, unique dining experience for Chinese gourmets.

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Ran Saiguang, a law professor at National Police University for Criminal Justice, said many gangs have set up companies to conduct illegal activities while concealing their true nature. They typically bribe grassroots officials to get protection.

Ranking Amazon’s HQ2 short list: Analysis of the top 20 contenders and our winning pick?

Recession fears come amid continued uncertainty about global trade, tightening labor markets, rising costs and global political instability, the survey of some 750 CEOs found.

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Rachael Muthoga, deputy chief executive officer of Kenya Private Sector Alliance, said she was impressed by the consistency of the China Trade Week and hoped that the event will become a tradition that businesses will be looking forward to discuss trade matters and strengthen the relationship between the two countries.

Rebound expected

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Reading is a portable mini-sanctuary, one netizen said. Another commented: "Hope the epidemic will die down before you finish the book."

Rainstorms and downpour are forecast to pelt southern Guangdong and eastern Guangxi, and these areas will also see short-term thunderstorm, gale and hails, according to the NMC.