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Geng said this was a countermeasure in response to a previous US move to slap tariffs on steel and aluminum imports, known as US Section 232 measures, but not a countermeasure for the US Section 301 investigation.

Given its strategic location, Guangxi serves as a valuable bridge, connecting the mainland and ASEAN member states. By deepening the opening-up process in the region, it hopes to serve as a crucial venue for the China-ASEAN Expo and trade and investment summits.

Given the sheer size of China's debt market and its short history of development, the bond trading link itself comes as a mammoth project, which calls for building a great deal of infrastructure from scratch to set up a framework for clearing, custody, execution and settlement, and a lengthy construction period.

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Global demand for gold bars and coins also decreased by 2 percent to 1,029 tonnes last year as U.S. retail investment plummeted to a 10-year low, said the WGC report.

Global leading professional services firm Aon Hewitt announced its 2017 Best Employers in China award on Tuesday, with 14 companies winning the title this year.

Germany's main business lobby this year publicly called for a tougher approach to competition from China's "State-dominated economy" in the form of takeovers by Chinese companies, particularly in the tech sector.

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Global leadership is important so that Britain can take early advantage of the potential for 5G to create new opportunities for Britain's businesses at home and encourage inward investment -- both of which contribute to the creation of a world-leading digital economy, the report said.

Geely said it has basically finished setting up sound distribution networks in its major international markets. Exports are expected to become another driving force of its revenue in coming years, said the company.

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Global enterprises, including United States tech behemoths such as IBM, Microsoft, and China's Alibaba, have set up shop on the island.

Global coalbed methane company Greka Group said it is optimistic about its business prospects in China.