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George Ren, senior partner and vice-president of Roland Berger China, added that before the outbreak, most of the early adopters were the young generation in first-and second-tier cities. "Now other ages and geographic groups have become aware of it and are willing to use online channels for daily fresh goods shopping," he said.

Germany's second-biggest union, Verdi, is expected to publish its wage demand for the public sector on Feb 8.

Given the slower economic growth disrupted by COVID-19 globally, many countries will face a recession this year, an unprecedented situation in modern times. This predicament will also lead to deteriorated credit quality and lower banking profits, analysts said.

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Ghosn and Kelly are also facing allegations that they underreported Ghosn's pay by about 5 billion yen ( million) in 2011-2015, and another 4 billion yen ( million) for 2016-2018, for which their first 10-day detention was to expire Thursday.

Geely, headquartered in the eastern Chinese city of Hangzhou, is best-known for reviving the Volvo brand. The brand has enjoyed a renaissance since Geely acquired it in 2010.

GeekWire’s Jonathan Sposato, left, and Todd Bishop, speaking with the Rev. Jesse Jackson today.

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Gawin, whose firm operates a cargo terminal in Lodz, said they observed accelerated business since last year. "This time last year, we operated approximately 15-20 trains a month. In the last half year, we've seen a more than 50 percent increase with 45-50 trains," he explained in April.

Given that China has adopted the dual circulation development pattern and how world economic growth is facing more uncertainties due to the COVID-19 epidemic, Shanghai should further open up and seek new development paths, said government officials and top executives at the 32nd International Business Leaders' Advisory Council (IBLAC) for the Mayor of Shanghai.

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Given the industry's hightech and financial barriers, the lower probability of new entrants, the industry pattern is improving and vitamin E prices are expected to continue rising, Qiu said.

Gary Hufbauer, a senior fellow and trade expert at the Peterson Institute for International Economics in Washington, said he estimated that US tariffs to date, including the latest increase to 25 percent from 10 percent on 0 billion of Chinese imports, will cost a US household of three around ,000 a year.