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Lower travel demand from SARS epidemic caused the aviation sector in China to lose 2.8 billion yuan (0 million) for the whole year, as about one fifth of aircraft stopped flying daily on average. It was the largest overall loss besides two global economic crises in 2008 and 1998, according to industry reports.

Luo Jiaming, an NPC deputy and mayor of Meishan, holds an orange on March 6, 2019, while answering questions about agriculture during the ongoing two sessions in Beijing. [Photo by WANG ZHUANGFEI/CHINA DAILY]

MOSCOW — On the vast east European plain 1,200 kilometers east of Moscow, lines of pumping machines stand on the green grassland. It is the location of Udmurtia Petroleum Corp (UDM), an energy joint venture between Russia and China.

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Lowering the counter-cyclical capital buffer, which is built up in good times when the economy is growing and can be cut when it's not, allows Hong Kong-based banks to be more supportive of the domestic economy and help mitigate the economic cycle.

MALE, July 1 - Maldives main opposition party, the Maldivian Democratic Party (MDP), has named its chief lawmaker Ibrahim Mohamed Solih as candidate for the presidential elections after former president Mohamed Nasheed forfeited his candidacy, local media reported Sunday.

MEXICO CITY - Mexico and the United States will continue to ban non-essential border crossings until Oct 21 due to the novel coronavirus (COVID-19) pandemic, Mexico's Foreign Affairs Ministry said on Thursday.

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Lula was found guilty and sentenced to prison for nine and a half years in 2017.

Luckin Coffee Inc, which surpassed Starbucks as the country's largest coffee chain operator in term of store numbers by the end of last year, unveiled its plan to enter the smart coffee and snack vending machine market to further extend its network but not necessarily generate a quick boost to its profits.

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Lu suggested that China and Canada could jointly explore third-party markets, as China's productivity and Canada's technologies and services could combine to serve the demands of developing countries.

Louie said about 50 looters ransacked stores on Grant Avenue, mostly jewelry stores, in Chinatown, when she and two other members were patrolling the neighborhood in their car.