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Statistics from Tujia showed party bookings for apartments with four to five bedrooms between July 2017 and June 2018 increased over 60 percent year-on-year, with major demand in Beijing, Shanghai, Guangzhou, Hangzhou and Chengdu.

Statistics from mobile analytics company App Annie backed the new trend.

Stephen Innes, head of Asia trading for OANDA in Singapore, said “this move is all about China stretching their economic clout along with their move to internationalize the yuan”.

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State Grid Corp of China has actively answered the call to lower the power unitization costs, by rolling out eight measures to reduce costs for companies by 48.9 billion yuan during the same period.

Starbucks Corp, the world's largest coffee house chain by annual sales revenue, has doubled down on its commitment to the China market by reopening its renovated flagship store in Beijing's upscale commercial and lifestyle hub of Sanlitun.

StanChart plans to use innovation hub in Shanghai for delivering the next generation of financial products

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Steen Jakobsen, vice-president of Dubai Business Events, the official convention bureau of Dubai and a division of the department of Tourism and Commerce Marketing, said the number of Chinese tourists who visited Dubai rose by 12 percent to 857,000 in 2018, making it a top tourist nation.

Statistics from the banking and insurance regulator show that the assets of foreign banks and foreign insurers in China accounted for 1.64 percent and 6.36 percent, respectively, of the total assets of the Chinese banking and insurance sectors.

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Statistics show Apple Sanlitun has received over 22 million customers over the past 12 years.

Starting Monday, the company will replace the faulty components free of charge.