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Generally, the RMB exchange rate against the US dollar and that against a basket of currencies based on trade have remained balanced, although sometimes the rates showed slight deviations.

Ghostine said Firmenich is fully ready to embrace the new toilet economy in China. The company already operates two manufacturing facilities in China. A third is being constructed in Zhangjiagang, in East China's Jiangsu Province, at an investment of million and due to be operational early next year.

Gene Munster, co-founder of Loup Ventures and a former Piper Jaffray analyst who is well known after predicting Apple’s success, now thinks that Amazon will acquire Target in 2018.

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Gary Toebben, president and CEO of Los Angeles Area Chamber of Commerce, told Xinhua that the chamber's work to promote positive trade relations between the United States and China is "so important in light of recent concerning announcements."

Global oil demand seen faltering for rest of 2020 due to pandemic - World - Chinadaily.com.cn

GeekWire food reporter Taylor Soper eyes the special new Montlake Double Cut burger at Shake Shack, which opens its first Seattle location this month. (GeekWire photos / Kevin Lisota)

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Ghosn, 65, was arrested in November. He says he is innocent of all financial misconduct charges against him.

Geng Shuang, a spokesman for the Foreign Ministry, said the ministry has been at the forefront of telling China's story and spreading China's voice, and always explains the country's stance and policies to the international community in a timely manner.

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Ghosn was arrested in November and released on bail last month, but was arrested again on April 4.

Global cooperation and renewed commitment to multilateralism are needed to restart the global economy while securing public health amid the pandemic, according to government and industry leaders attending an international forum.