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With a growing taste for imported wines, the potential for a third-tier, medium-priced market is emerging and is set to grow as demand increases in China, the participants concluded.

With Amazon making what is clearly a multi-million dollar investment in the space, you can bet this is just the beginning.

Willy Fu Kin-chi, secretary-general of the Hong Kong Legal Exchange Foundation, said the US move obviously lacks the legal grounds under international law for the legislation.

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With a window rapidly closing for net zero emissions by 2050, an initial green investment push combined with steadily rising carbon prices would deliver the needed reductions, the International Monetary Fund said on Wednesday.

With a production plant in place, the project, which covers 1.67 hectares and involves a total investment of 1.19 billion yuan (7 million), will be capable of producing 2.4 million pieces of PSS annually, according to Peng.

Wilson Pang, a partner at auditing and consultancy firm KPMG, said most of recent SOE reform programs had a much wider coverage and emphasized the importance of corporate governance, risk management, performance appraisal and strategic planning.

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Winter tourism is conducive to rural vitalization and local economic transformation, the report said.

With a population of over 1.4 billion people and a middle class of over 400 million, Chinese consumption is the growth engine of both China and the world, as Jim O'Neill, chair of the London-based think tank Chatham House, has said.

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With 91.3 percent of votes counted as of 3:07 a.m. local time (1807 GMT Tuesday), Moon garnered 40.5 percent, according to the national election commission.

Whoever does manage to woo Amazon will land a billion campus promising 50,000 high-paying jobs. Amazon HQ2 is expected to be the “full equal” to the company’s original Seattle headquarters.