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Interestingly, in an interview with Bloomberg news last fall, Alibaba CEO Jack Ma said he would consider a partnership with Amazon.

International organizations, including the World Bank Group and the International Monetary Fund, have lowered their forecasts for the global economy this year, with a common conclusion that the world will face the most serious economic recession since World War II and more than 90 percent of economies will post negative growth, due to the unprecedented global public health crisis.

Investors look at an electronic board showing stock information at a brokerage house in Chengdu, Aug 14, 2018. [Photo/VCG]

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Investment guru Vanessa Xu is confident the golden era for asset managers in China will continue for another 20 years. She tells Duan Ting the boom is being fueled by the nation's swelling middle-class group.

Investment in the first four months saw slower growth, with total investment in fixed assets expanding by 7 percent year-on-year, which was 0.5 percentage point lower than that of the first three months, official data showed.

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Interestingly, a few hours before the call, Chen had just cooked his lunch; bitter gourd with ribs, fried spicy green peppers, luffa soup with dried scallop, and fried rice with preserved vegetables.

Investors bet big on Amazon just one day after Apple lost its e-book antitrust case in court, which should keep Amazon?as the dominant player in the e-book market amid the legal turmoil.

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Iowa will send 41 delegates to the Democratic nominating convention July 13-16 in Milwaukee, Wisconsin. A candidate needs a majority of the 3,979 pledged delegates to win the nomination on the first ballot.

Innovation-driven strategy targets autos, agriculture