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Luciano Brustia, regional managing director of Asia Pacific at InterSystems.[Provided to China Daily]

MANILA - The Asian Development Bank (ADB) said on Tuesday it has approved a 125-million-US dollar loan to help the Philippine government improve its capacity to prevent and control the spread of the COVID-19 pandemic.

Lou Qinjian, Party secretary of Jiangsu, said the province has and will continue to give preferential policies to Taiwan companies to help them develop on the mainland.

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Luo Zhongsheng, a senior vice-president of Foxconn Technology Group, said Sharp will put more efforts into developing full-screen smartphones.

Luo Jun, CEO of the International Robotics and Intelligent Equipment Industry Alliance, a Beijing-based industry association, said after years of development, many Chinese robot makers are venturing out into overseas markets but more efforts are needed to beef up R&D to gain a presence in foreign countries.

Low, who has so far evaded investigators, has through statements issued by his US lawyers slammed the handover of the yacht to Malaysia as illegal but didn't claim ownership of the vessel in the Malaysian court. The court awarded ownership of the yacht to 1MDB and the government as no one challenged their claim.

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MEXICO CITY — A powerful earthquake shook central Mexico on Tuesday, collapsing buildings in plumes of dust and killing at least 226 people. Thousands fled into the streets in panic, and many stayed to help rescue those trapped.

Lyu Xiang, a researcher at the Institute of World Economics and Politics at the Chinese Academy of Social Sciences, said as pillar industries of the US and European Union are less complementary than those of the US and China, the next target of the Trump administration might be the EU.

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MOF data also showed outstanding local government debts amounted to 21.33 trillion yuan at the end of November, below the official ceiling of 24.08 trillion yuan set for the year.

MIP - or Marche International des Programmes - is a global distribution marketplace for entertainment content. Its major event is held in Cannes, France, twice a year - as MipTV in spring, and Mipcom in autumn.