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Several events planned at AsiaWorld-Expo — the exhibition and concert facility located near the airport — have been canceled amid concerns by guests and visitors that they might have difficulty arriving in the city due to the protests.

Shanghai-based Fosun Pharmaceutical Group will downsize its planned acquisition stake in the Indian generic drugmaker Gland Pharma to 74 percent from the previously announced 86 percent, according to a Fosun Pharmaceutical announcement released on Monday.

Several administration officials, including a former deputy national security adviser on Monday, have failed to testify to House committees engaged in the probe.

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Shao said that as the international situation evolves, UN peacekeeping operations are facing multiple new challenges.

Shanghai's Yangshan Special Comprehensive Bonded Zone, the first and only one of its kind nationwide, is exploring trade liberalization and effective supervisory policies for enterprises to improve their competitiveness in the international market and better serve integration of the Yangtze River Delta region.

Several fires fueled by strong winds in downtown areas and mountains have been extinguished without casualties in Beijing, Tianjin and Hebei province.

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Shanghai is deemed as an international cultural metropolis with a large number of cultural facilities and events in the eyes of foreigners, according to a new survey published on Nov 27.

Shares of Midea Group, a Chinese electrical appliance manufacturer headquartered in Foshan, Guangdong province, surged 104 percent last year from January to December.

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Shanghai has long envisioned to build itself into a global shopping paradise. According to the Shanghai Municipal Commission of Commerce, the city ranks second in the presence of cross-border retailers, and over 90 percent of international high-end brands are concentrated in the city.

Shanghai has talent from home and abroad and is open to the world, which provides a conducive environment for the company's future development, said Robin Li, chairman and CEO of Baidu.