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Shanghai will also build novel and world-class shopping streets and make the city a favorite choice for consumers to buy products from high-end brands, according to the business hub's action plan for boosting consumption from 2018 to 2020.

Several other elephants in the same herd were injured. Their moaning prompted park rangers to scramble on a pre-dawn mission to rescue them.

Several hours before the PBOC meeting, the US Federal Reserve implemented an emergency rate cut of 0.5 percentage point, the largest cut since the 2008 financial crisis, to help calm financial markets and stabilize the economy as the outbreak spreads to more parts of the world.

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Shares in Kobe stock stabilized on Thursday after investors, worried about the impact and potential legal fallout, wiped about .6 billion off its market value in two days.

Several senior Republican lawmakers, including Senate Majority Leader Mitch McConnell and House Minority Leader Kevin McCarthy, praised Trump's move.

She also believes that aircraft leasing is seen as a renowned industry in Ireland, less risky than other industries, so Chinese companies are likely to consider it as a stable return on investment.

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Several trials of the controversial drug hydroxychloroquine for possible use against COVID-19 are resuming around the world after the retraction of a study into its effects and side-effects.

Shanghai Disney Resort, June 2, 2019. [Photo/VCG]

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Shares of the internet giant started trading at about HK3 (.2), more than eight percent higher than its initial offering price of HK3.

Several high-profile Western brands have struggled to crack the market in China, where consumer preferences differ and bricks-and-mortar sales are dwarfed by online purchases.