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Investment in transportation infrastructure will also reduce transportation costs by 5 percent. Chad, for example, will increase its exports by 79.3 percent by improving infrastructure quality.

In?2013, Microsoft?replaced the process?with a new system that lets managers hand out raises and bonuses as they see fit, within the limits of their overall budget for compensation. The company said that?the prior system was designed for an era when Microsoft was focused on employees as individual performers within a vertical corporate structure. Some blamed?stack ranking for fostering dysfunction at Microsoft and reducing morale among employees.

Iranian Supreme Leader Ayatollah Ali Khamenei said late on Monday that any negotiation with the US to solve the existing problems is an "obvious mistake".

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Instead, Macri's admission that there was a "lack of confidence in the markets" about Argentina's ability to finance its deficit next year sowed panic among investors. The country has .9 billion in peso- and foreign currency-denominated debt payments next year.

Initially, the city offered 3,605 apartments for use, and those who qualify can apply for residence for a period of up to three years at most.

Invited by Wuhan municipal government on Tuesday, the Beijing-headquartered CECEP completed the design work for this facility within 10 hours and submitted to authority in Wuhan for the review. Under its design, it will take 15 days to complete the building and equipment installing work for the new facility in the city's Qianzishan area.

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Ireland's milk production mostly goes into infant formula, cheese and butter, with a small percentage of milk going to food service sectors which have been hit hard during this challenging time, he said.

Investors check stock prices at a brokerage in Shanghai. [Photo by Zhuang Yi / For China Daily]

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Investors continued to worry about trade tensions between the world's largest economy and its key trading partners while recognizing that economic fundamentals remain strong, analysts noted.

Innovation is "in the DNA" of China's top brands, which are dominated by consumer electronics companies, according to the annual BrandZ Top 50 Chinese Global Brand Builders Report.