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The United States has proposed a manufacturing industry renaissance program and Germany has formulated an Industry 4.0 strategy, while China is implementing the 'Made in China 2025' plan to modernize its manufacturing through technological upgrades, knowledge-based industries and environmentally-friendly development.'

The United States is expected to overtake the European Union as China's largest trade partner this year, a former vice-minister of commerce said.

The US Purchasing Managers' Index (PMI) slumped to 49.1 in August, the fifth straight monthly decline, which capped a 35-month expansion cycle and was the lowest since January 2016, according to a report released by the Institute for Supply Management on Tuesday.

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The United States, among some other countries, has recognized Guaido's presidency, and US President Donald Trump has warned that "all options are on the table."

The United Chinese Americans (UCA), a nationwide non-profit and nonpartisan group, said that the remarks "are deeply troubling and of grave concerns among Chinese Americans and Asian Americans".

The Union Internationale Motonautique (UIM) - Aquabike Promotion (ABP) Grand Prix was held in Qingdao, East China's Shandong province from Oct 10 to Sunday, attracting more than 200 top-notch riders across the world.

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The US, however, is not getting everything its own way. Despite pressure, Johnson wisely decided recently to give China's telecom giant Huawei a role in the UK's 5G rollout plans.

The US has the largest coronavirus outbreak in the world with almost 93,000 deaths reported and more than 1.5 million confirmed cases, according to data from Johns Hopkins University. Worldwide, the virus has killed more than 326,000 people and infected 4.95 million.

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The US government levied tariffs of up to 50 percent on imports of large residential washing machines over three years, and up to 30 percent on solar cells over four years.

The US and China are home to 55 percent of the world's data centers — the US has 45 percent and China has 10 percent, said Yu.