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The Dow Jones Industrial Average rose 38 points to 26,504; the S&P 500 advanced 9 points to 2,926, while the Nasdaq Composite increased 33 points to 7,987.

The EU should seize the opportunity to expand trade and investment with China and loosen restrictions on high-tech exports to the world's second-largest economy, Li said.

The City is in talks with Shanghai's municipal government about a collaboration at a time when Brexit uncertainties is prompting the UK's main financial district to look beyond Europe for future business partners, according to Sherry Madera, the City of London Corporation's special adviser for Asia.

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The DOJ opened a Title VI investigation into Harvard's admissions process in 2017 based upon a complaint filed by more than 60 Asian-American organizations.

The DF-26, a new strategic deterrence weapon, is capable of conducting off-road launches of conventional and nuclear warheads in tough terrain. It can carry out a rapid nuclear counterattack and medium - to long-range precision strikes using a conventional warhead, the Rocket Force said.

The Confucius Institute Headquarters on Friday opened the first Chinese center in the Democratic People's Republic of Korea to facilitate Chinese language education in the country.

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The Communist Party of China's policies concerning ethnic groups should be fully implemented, Zhao said, emphasizing upholding equality among all ethnic groups and promoting exchanges among them.

The Chinese new year of 2018 -- the Year of Dog -- starts on Feb 16. Most Chinese have a weeklong holiday starting from the Chinese new year's eve.

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The Chinese military has placed great importance on this year's Games and sent its largest sports contingent in history, with 553 members, including 406 athletes participating in all sports except golf.

The Democrats-controlled House of Representatives passed a 2.2-trillion-dollar relief bill in early October, but Senate Republicans have recently been pushing for a 500-billion-dollar package. On Tuesday, McConnell quickly rejected the 908-billion-dollar bipartisan plan after its release.