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Walmart announced Friday it is buying online apparel company Bonobos for 0 million to further beef up its e-commerce operation as it continues to compete with Amazon.

WASHINGTON -- US Secretary of State Mike Pompeo met with Egyptian Foreign Minister Sameh Shoukry here on Monday over bilateral ties and regional issues.

WASHINGTON－The US economy is taking a larger-than-expected hit from the partial government shutdown, White House estimates showed on Tuesday, as contractors and even the Coast Guard go without pay and talks to end the impasse seemed stalled.

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WELLINGTON -- New Zealand's largest lobster exporter said on Sunday it is ready to face Chinese consumers directly by delivering lobsters to people's homes, part of the company's latest strategy to explore China's online market.

Wang Fangde, a 68-year-old from Changsha, Hunan province, works on one of his wooden boat models. He is making an effort to preserve the local culture. WEN XINZHENG/CHINA DAILY

WASHINGTON - US President Donald Trump said on Wednesday that the Democratic People's Republic of Korea (DPRK) made a "wise" decision not to launch missiles towards Guam.

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Wang Jingbo (L,4) departs from Harbin. Photo provided to China Daily

WASHINGTON — The US unemployment rate hit 14.7% in April, the highest rate since the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record. The figures are stark evidence of the damage the coronavirus has done to a now-shattered economy.

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Wan said livestreaming is a good way to spread the news that Lijiang is back in business and ready to welcome visitors again.

WTO estimated that in 2017, investment accounted for roughly 32 percent of China's gross domestic product (GDP) growth in 2017, down from 55 percent in 2013.