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The Singaporean firm also invested in Chinese express delivery company ZTO Express last year and retained its holding in JD.com Inc, the domestic rival of Alibaba.

The Treasury said in a statement that the Russian-registered Agrosoyuz Commercial Bank is "knowingly facilitating a significant transaction" for Han Jang Su, the chief Moscow representative of the DPRK's Foreign Trade Bank (FTB).

The Treasury plan, which requires approval by Congress, also recommends billion to stabilize the airlines, 0 billion to issue loan guarantees to other struggling sectors, and 0 billion for small businesses. The plan appears to anticipate that many of the loans would not be repaid.

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The Silk Road NGO Cooperation Network has been expanded. It now has members from 61 countries and regions.

The Tiantan Awards are the highest awards at the festival, which 659 films from 71 countries and regions have entered. Fifteen films have been selected as finalists and await the all-star jury's decision.

The Swedish pavilion attracted more than 20,000 visitors on its opening day. The exhibition will end on May 18.

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The Swedish health system in the Seattle region will adopt Microsoft’s Amalga health technology platform, the company announced this morning.

The State Council's executive meeting on Wednesday was presented with an outline for specific plans for this year's economic reform, shortlisting areas that require the focus of reform. The meeting was presided over by Premier Li Keqiang.

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The State Oceanic Administration issued a blue alert Tuesday warning that coastal areas of Guangdong and Hainan would experience huge waves, gales and storms.

The Shanghai Composite Index has tumbled 28 percent since peaking in late January and now trades at just 12 times earnings, compared with a ratio of 16 for the S&P 500, data compiled by Bloomberg show.