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SK Group, South Korea's second-largest group in terms of market value, will beef up its investments in the Chinese market, said the CEO of SK China on Thursday.With China accounting for over half the firm's total overseas investments, Jerry Wu, CEO of SK China, said that it will continue to expand its investments in China and is confident of future growth in the market."Equity investments will be a major investment strategy in the nation this year with artificial intelligence, autonomous driving and new energy vehicles being top investment areas," said Wu at the Boao Forum for Asia, which began Thursday.SK Group, with business spanning from information technology to energy, entered the Chinese market in the 1990s."The Chinese market is 'important' to SK and is playing an increasingly important role with the burgeoning development of cutting-edge technologies," said Wu.According to him, China has advanced at an equal pace with the United States in 5G development while the nation's autonomous driving has also gained momentum worldwide.Compared with its rivals in China, Wu said that SK has some natural advantages in that South Korea and China are good neighbors, sharing the same values and similar cultures."Also, both countries hold an open attitude of mutual development," he said, adding that SK is also willing to collaborate with Chinese firms in technology for win-win results.

SANYA -- Ten crew members have been rescued after abandoning a cargo ship that was listing to one side in the South China Sea, according to the provincial maritime search and rescue center of Hainan.

SAN ANTONIO, Chile - After a 31-day journey from Shanghai, 100 Chinese-made electric buses landed at the port of San Antonio, where local officials in red vests gathered to welcome this latest addition to the Chilean capital's mass transport fleet.

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SINGAPORE - Only a few days after the conclusion that inadequate leadership contributed to a collision involving a US destroyer off the coast of Japan in mid-June, another US destroyer from the US Navy's 7th Fleet collided with a merchant ship laden with fuel oil on Monday morning.

SHANGHAI -- Ten people have died in hospital after a factory wall accidentally collapsed in Shanghai Thursday, local authorities said Friday morning.

SHANGHAI - Tech giant Foxconn Industrial Internet (Fii) earned a net profit of 18.6 billion yuan (.62 billion) in 2019, up 10.1 percent year-on-year.

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SAR serves motherland by cultivating connections with other countries

SHIJIAZHUANG - China's benchmark power coal price remained flat during the past week.

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SEOUL -- Director general-level diplomats from South Korea and Japan held talks in Seoul Thursday amid the rising trade spat between the two countries.

SHANGHAI — Chinese enterprises have positive expectations on investment in BRICS countries.