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US Fed Chairman Jerome Powell was quoted by the Associated Press, saying that the US central bank has heard about businesses holding off on hiring and spending in response to the trade conflict.

US WeChat move puts firms at risk - World - Chinadaily.com.cn

US President Donald Trump speaks about the apparent pipe bombs sent in packages addressed to Democratic political figures and former CIA Director John Brennan at CNN during an event in the East Room of the White House on administration efforts to "combat the opioid crisis" in Washington, US, October 24, 2018. [Photo/Agencies]

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US COVID-19 deaths top 180,000: Johns Hopkins University - World - Chinadaily.com.cn

US President Donald Trump and DPRK's leader Kim Jong-un walk after lunch at the Capella Hotel on Sentosa island in Singapore June 12, 2018. [Photo/Agencies]

US sportswear maker Nike is testing market potential of Chinese cities beyond Beijing and Shanghai. It believes localization as a strategy in China will help the brand better present itself to the whole world.

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US investment bank Goldman Sachs predicted that China's GDP growth, on a yearly basis, is likely to rebound to 7.5 percent in 2021, up from a projection of 2 percent this year. The recovery will be mainly driven by household consumption and manufacturing investment. Its exports, in the meantime, are expected to remain resilient, it said.

US President Donald Trump arrives at the New York Presbyterian Hospital to visit his younger brother Robert Trump in New York City, August 14, 2020. [Photo/Agencies]

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US stocks opened strongly Tuesday on news that the rate of new infection has declined recently in New York, hardest hit by the outbreak, and raising hopes that the worst has past. Investors placed their bets Tuesday, sending the market higher.

US President Donald Trump rallies with supporters in Des Moines, Iowa, US, Jan 30, 2020. [Photo/Agencies]