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Similarly, the Bank of England denounced the "anarchy" of cryptocurrencies being used for criminal activities. The Daily Telegraph reported that BoE Governor Mark Carney said bitcoin was "a global speculative mania" rather than a useful new invention, and assured that regulation of bitcoin would be a topic for the G20 meeting this month.

Shu Yuhui, chairman and founder of Tianjin-based health product manufacturer Quanjian Nature Medicine Technology Development Co, admitted to operating a pyramid scheme during a public hearing at a local court on Monday.

Since 2016, the program has donated 3,676 "Magic Box" sets to primary schools, kindergartens and communities across the country, including 27 Hope Schools that have received direct contributions from Budweiser.

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Should the COVID-19 outbreak prove to be more prolonged and widespread, the demand-side impact will also kick in and this would translate into larger impact on both Chinese exports and imports, he added.

Shenzhen-based electronics manufacturer Konka Group Co Ltd will focus on AI, 8K and 5G technologies to create more opportunities this year, and will increase investment in research and development, said Chang Dongfa, vice-president of the company.

Shield?was announced at the company’s re:Invent conference in Las Vegas this morning. It comes in two levels, one called AWS Shield Standard with basic integrated DDoS protection, which will be turned on by default for AWS customers, and a premium version called AWS Shield Advanced for more sophisticated and targeted online attacks.

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Shenzhen established the country's first tribunal to hear bankruptcies in 1993.

Since 2015, the Palace Museum has set up six art centers in cities including Shenzhen and Zhuhai.

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Since 2011, when a direct sea route between Pingtan and Taiwan was opened, two ships - CSF and Natchan Rera Cruise - regularly make ferry runs from Pingtan to Taipei and Taichung, Taiwan.

Shortly after the announcement, United Airlines said it will go from two to four flights per week between San Francisco and Shanghai starting on Sept 4. Delta Air Lines said it will add one more flight each week between Detroit and Shanghai and Seattle and Shanghai, both via Seoul, as of Monday.