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The United States is now acting arbitrarily, obstructing relevant processes and paralyzing the Appellate Body, which reflects the fragility of the multilateral trading system, said Hua.

The Turkish bank has obtained 0 million in loans from Industrial and Commercial Bank of China, the world's biggest bank by assets, Aydogan said, adding that a memorandum of understanding has been signed with ICBC to further develop cooperation in other banking areas, ranging from treasury transactions to renminbi payments.

The US Centers for Disease Control and Prevention has reported five confirmed coronavirus cases in the United States, with 68 tests coming back negative. The CDC has issued a Level 3 travel warning, urging American citizens to avoid all nonessential travel to China.

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The United States had long played a "leadership role" in the council, Zellweger said.

The US-led air attacks on suspected chemical weapons facilities in Syria have raised grave global concern, with protests calling for an end to the raids and politicians calling for a return to dialogue to avoid escalated tensions.

The US and China are the two largest economies and the two most influential nations on earth, Leader said.

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The US also has tried to force the sale of the immensely popular TikTok video-sharing app, owned by Beijing company ByteDance, to American software giants. ByteDance has been granted two injunctions by US courts that have allowed it to continue to operate in the US.

The US Geological Service said the quake measured 7.1 on the Richter Scale and the epicenter was 40 km away from Acari in the Arequipa department of southwestern Peru.

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The UK Department for International Trade found that, in 2016, the number of Chinese investment projects in the UK was 13 percent lower than the year before.

The US Federal Reserve. [Photo/Agencies]