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Speaking at the forum, Virginia Rometty, executive chairwoman of IBM, stressed the importance of strengthening international cooperation. "The challenges we are facing are global in nature, and so too are the solutions."

South Korean technology giant Samsung Electronics Co Ltd is adjusting its strategy in China as it has closed one of its smartphone manufacturing plants in Tianjin and plans to invest .4 billion to build new battery and capacitor plants in the city, in order to shore up its business in China.

South African media conglomerate Naspers Ltd said on Thursday that it would sell stock worth more than billion, or equivalent to 2 percent of its shares, in Asia's biggest company by market capitalization, trimming its share in Tencent to 31.2 percent.

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Spokesperson Lu Kang made the remarks at a routine news briefing when answering a related question.

Special local government bonds to provide a boost

Soon she became a "spokeswoman" for DEC in the Duyen Hai area and a local "celebrity," something she had never dreamed of.

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South Korea's Samsung and LG also disclosed details of the progress they had made in the production of 5G mobile phones. The 5G chips produced by telecommunications giants such as Qualcomm and Intel also made their debut at the MWC Barcelona.

Sophia Shaningwa delivers a presentation in Dar Es Salaam, Tanzania, on July 18, 2018. Edith Mutethya/China Daily

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Speaking of Brunson's case, Sanders said, "We feel that Turkey and specifically President Erdogan have treated Pastor Brunson ... very unfairly, very badly."

Speaking at the Chinese-Egyptian Business Forum in Cairo, Lyu, who heads a Chinese business delegation, underlined the important role played by Chinese small and medium-sized enterprises in Chinese investments.