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Rikai Labs, his WeChat-based e-learning business in China, helps Chinese users to master the English language through proprietary automated software. Collier said every seven years, a big platform shift comes along - from web to mobile apps; from apps to messaging platforms - that creates huge opportunities.

Reuters reported that Amazon has in recent years put these machines in some warehouses, including locations near Seattle. The company is considering outfitting dozens more fulfillment centers with a pair of these machines, which are built by Italian firm CMC and pack boxes faster than humans can. Citing people familiar with the plans, which have not been finalized, Reuters reports that each machine could replace 24 jobs a piece, amounting to 1,300 roles across 55 U.S. warehouses that could become automated.

Ross said the bottom line is that China must do more to assure fair market access for US companies. “We want US businesses and workers to have the same trading opportunities that we have offered foreigners in the rest of the world for decades,” he said, adding that the US has already initiated 61 percent more anti-dumping and countervailing duty investigations against other countries so far this year than in the same period last year.

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Rossman: Free cash flow is essentially the difference in cash that you have at the end of the year, that you can then invest. And so, it is truly one of the best ways of getting non-tax-implicated, non-financially-managed numbers to understand the growth and the cash flow that you’ve generated from your business. That’s what you have in order to invest in the future. If you look at really the game that Amazon is playing, they’re a very profitable company, but they have just continually taken those excess proceeds, that free cash flow, and invested it to scale the things that are working, and try a number of new experiments … to build the next big business.

Ruan Zongze, executive vice-president of the China Institute of International Studies, said China is demonstrating its "full implementation" of the United Nations Security Council resolutions on the Korean nuclear issue by inviting the DPRK official for a visit.

Ruan, a former diplomat, said the United States "made a mistake twice" as President Donald Trump last week threatened tariffs on an additional 0 billion Chinese goods.

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Revenues in 2017 were about 7 billion yuan ( billion), and revenue growth rates in the second and third quarters of 2018 reached 27 percent, yet the future market prospects are even more promising, according to Zheng.

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Reuters reported on Wednesday that German Chancellor Angela Merkel wants to agree to a deal with China not to spy on each other, so that Germany does not have to exclude Huawei on principle from building a 5G network in Germany.

Reuters reported earlier this month that Volkswagen is working with SAIC to prepare for Audi vehicles production. Woellenstein said Audi wants to have a new partner in China, but he added that FAW-Volkswagen will remain the largest one.