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In contrast, China's toy market has continued to boom with domestic retail sales of toy products raking in 70.5 billion yuan (.1 billion) last year, according to a CTJPA report.

In effect, the Trump administration is behaving like a gang of hoodlums with its shakedown of other countries, particularly China, and its unruliness looks set to have a profoundly damaging impact on the global economic landscape in the coming decades, unless countries stand together to oppose it.

In breakdown, the value of funds investing in securities expanded 11.6 percent to 2.36 trillion yuan after months of shrinkage, due to the strong performance of the A-share market.

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In an internal meeting with management on Thursday, Alibaba CEO Daniel Zhang said instead of layoffs, the company plans to increase investment in talent and strengthen its talent training program.

In emerging markets, Chinese publishers have a high consumer spend share, the report said. India saw the highest consumer spend increase of 110 percent from Chinese publishers, followed by Russia with 73 percent. While in Southeast Asia, which is the top region in terms of Chinese games downloads, the growth rate of downloads is slowing.

In an FAA video message, Dickson said that for the time being, the FAA will inspect every new MAX before letting the planes fly.

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In conclusion, the administration said the setting of a minimum price "had a relatively strong binding effect and deprived sellers of the right to set prices", and thus a fine was decided on Dec 6 due to "the interests of consumers being undermined".

In an exclusive interview with China Daily, Zeman said the act "was pushed forward by some very anti-China US senators, including Ted Cruz, Marco Rubio and Josh Hawley, who seized the opportunity to attack China at a time Hong Kong has gone through months of radical protests marred by violence, as well as the 2019 Hong Kong District Council elections".

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In contrast, China is among only a few countries that have progressively opened parts of their economies to FDI and have streamlined their screening processes, said Lau, adding that this is well illustrated by the new Foreign Investment Law and the new negative list implemented in the first half of the year.

In face of the challenges from Covid-19, it is all the more important to stay committed to open cooperation.