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Powell did not explicitly state the Fed will cut rates, but laid out the case for such action. He said consumer spending and employment are strong, but the economy is slowing in Asia and Europe, and that could mean trouble ahead for the US. However, other members of the Federal Reserve are skeptical about the need to cut rates now.

Pompeo to quarantine after contact with COVID-19 case - World - Chinadaily.com.cn

Premier Li Keqiang oversaw 59 high-ranking officials swear an oath to the Constitution on Tuesday in the third such ceremony to pledge their compliance with China's fundamental law.

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Premier Li Keqiang has called for zero complacency in flood control and drought relief efforts as China braces for the peak of the flood season, which lasts until mid-August.

President Donald Trump told a political rally in Wisconsin his government would conduct "an aggressive investigation."

Premier Li Keqiang also urged local authorities to go all out in relief and monitoring work.

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Premier Li said the China-Central and Eastern Europe Investment Cooperation Fund, initiated by the Industrial and Commercial Bank of China last year, has market-oriented financing channels and received well-judged feedback.

Premier Li Keqiang visits Origin Dynamics Intelligent Robot Co Ltd, a company focusing on research and development, during an inspection tour of Zhengzhou, Henan province, on Tuesday. PHOTO/GOV.CN

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President Xi Jinping has urged Beijing and Tokyo to boost exchanges among their ruling parties, deepen communication and cooperation and play a leading role in improving ties.

President Putin is scheduled to visit China this year, and the two heads of state of the two countries are also expected to meet on a number of other important bilateral and multilateral occasions, he said.