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He expects the number of transactions under CFIUS review will expand from the current 200 a year to several thousand cases if FIRRMA is passed.

He later rose to become one of the first tea tasters in London of Sri Lankan origin, bucking the accepted norm of the colonial system which still believed that Sri Lankans could not tell the subtle differences between types of tea due to their curry-oriented diet. Fernando also discovered it was common practice within the industry at the time to blend Ceylon tea with types of tea from other origins, by as much as 40 percent, to save on cost.

He noted that in the 1980s, Chinese companies doing foreign trade only needed to focus on low-cost production as professional foreign trade agencies took care of everything else. In contrast, companies making overseas investments today need to handle everything by themselves, from setting up joint ventures to making acquisitions or green-field investments. As a result, talented professionals who are familiar with such matters are urgently needed.

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He later retracted his claim after many scientists, both at home and abroad, were unable to duplicate his work despite a year of efforts.

He called for a better alignment of the Belt and Road Initiative and the Philippines' Build, Build, Build program, saying that the two countries have far more common interests than conflicts.

He did not rule out the possibility that Kobe might be liable for compensation.

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He has been heading the China arm of the Japanese technology company Seiko Epson Corp, commonly known as Epson, for more than six months now. Success in China, he said, is of great significance to the company's success in the world.

He hoped the money would be used to build a biosafety level 3 laboratory, or P3 laboratory, enabling the university to research and produce vaccines independently.

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He explained relationships among jade objects in appearance and function during the era in his book Ritual Tools and King Power: Jade of Liangzhu, part of the Liangzhu Civilization series published by Zhejiang University Press.

He attributed the success of China's socialist system partly to the reform and opening-up policy it has adopted since the late 1970s. The policy has defined the development goal for socialism, he said, adding that China's strength in the economy, politics and military has ensured the country can follow its own development path.