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Global companies such as BASF SE, Emerson Electric Co, Starbucks Corp and Air Asia have taken the FDI route to expand their play in the Chinese mainland.

Given the seriousness of the allegation, his release is "very, very strange," David Levine, a law professor at the University of California Hastings College of the Law told the Journal.

Given the DPRK has sped up the development of its nuclear missile program, China agrees to step up efforts with the international community against nuclear proliferation, Hua said.

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Gas deliveries from the new pipeline can help hedge uncertainties about existing gas pipelines, and are also free from the obstacles that liquid natural gas transports often face during bad weather, he said, adding China imported 125.5 billion cubic meters of natural gas in 2018, with a foreign reliance of 45 percent, among which 42 percent were from pipeline transmission.

Given all the economic positives of the continent, it is easy for one to conclude that Africa is set for the path of rapid industrialization and we will only hear better versions of that story. However, the reality is quite different. Most of the factors mentioned above are driving growth, but with many of the youth bulge unemployed, economists around the world are fearful that Africa is on a reverse trend and there is more de-industrialization happening than rapid industrial growth.

Geely had begun trading with other countries, having started turning to export products and technology in 2016, as well as local manufacturing. It plans to take on the European market with high-end models produced by Lynk & Co at Volvo's factory in Belgium.

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Germany is one of a handful of countries that have a trade surplus with China, with its transport equipment, chemicals, watches and machinery components popular on the Chinese market. Bilateral trade totaled 1.29 billion last year, according to the Ministry of Commerce (MOC).

Gates made the remarks at the New Economy Forum, which was co-organized by the China Center for International Economic Exchanges and Bloomberg.

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Geely Auto, China's largest private carmaker, sold 126,365 vehicles in September, up 11 percent year-on-year and also up 11 percent from August. Over the first three quarters, the carmaker delivered over 875,000 vehicles.

Global companies such as BASF SE, Emerson Electric Co, Starbucks Corp and Air Asia have taken the FDI route to expand their play in the Chinese mainland.