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Though Florida is predicted to be the main target of the possible hurricane, certain parts of the U.S. states of Alabama and Mississippi could also feel the effects. On Monday, Alabama Governor Kay Ivey issued a state of emergency, in anticipation of the damage Hurricane Michael could cause.

This was not the first time that a major US newspaper has been under fire due to controversial Op-Eds this year. An opinion piece titled "China Is the Real Sick Man of Asia" published on Feb 3 on The Wall Street Journal (WSJ) drew fierce criticism, as the headline equals a racial slur that hurt the feelings of Chinese worldwide and the essay was published when China was in a tough battle against the coronavirus.

This would be in twine with the central government's proposal that the capital city of 14 million also extend its restrictions on establishments that serve alcohol, which currently have been requested to close at 10:00 pm until Thursday, until after the New year period in January.

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This view of China is outdated by at least a decade. Extensive infrastructure investment has allowed the development of large regional cities throughout the country. Personally, I've spent a good bit of time in Chengdu, Sichuan province, Kunming, Yunnan province, and Hangzhou, Zhejiang province. They are all very pleasant and productive cities with great infrastructure offering good opportunities to the people in surrounding areas.

This year, young people under the age of 30 accounted for 52.9 percent of the total investors newly entering the funds market, according to a report released by the Survey and Research Center for China Household Finance at Southwestern University of Finance and Economics and the Ant Group Institute.

Though China-EU relations have been progressing steadily, the EU's recent moves could hamper bilateral relations, Wei Jianguo, a former vice-minister of commerce, said on Wednesday.

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Those economies in the region with high corporate or household debt would be particularly vulnerable to financial shock.

This year, the ranking also has the most newcomers — nine. While reflecting the increasing importance of Chinese brands, the US still dominates the global nature of the consumer economy.

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Thomas Cook China, a joint venture formed in 2016 between the United Kingdom-based travel company and Chinese conglomerate Fosun International, is on track to have handled 20,000 customers in its first year of operations.

This year, China is setting specific tasks for the country's rural vitalization, emphasizing civic-mindedness in rural areas, including filial piety among farmers.