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Theresa May:

There should be similar China-US cooperation in fighting the disease and supporting economic development, he said.

There is an "excellent political background" for Chinese companies for doing business in Bulgaria, thanks to a series of "very active and productive" developments in bilateral ties, including the seventh leaders' meeting of China and Central and Eastern European countries, said Kostadin Djatev, commercial consul at the Consulate General of Bulgaria in Shanghai.

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There have been some signs of progress. People are beginning to raise their voices. Business leaders and associations are calling on governments to refrain from putting up new barriers. They are asking governments to negotiate and find solutions. We are seeing a wider understanding that higher tariffs mean higher prices and lower salaries in real terms, and that greater uncertainty risks investors pulling back and jobs being lost. And from leaders around the world, we are seeing much greater engagement in the WTO. Instead of tearing it up, they want to strengthen the system and improve it. This could potentially help us to defuse tensions and find a path out of the current crisis in global trade.

There have been some great successes, such as Wi-Fi: imagine a world in which Wi-Fi providers competed like wireless carriers. There have been some spectacular failures, such as DRAM in the 1990s, a process during which Rambus somehow managed to get its own intellectual property accepted as part of the standard for PC memory and spent the next several years suing everybody.

These two types of industrial transfers are the inevitable result of the structural adjustment of the domestic industrial chain. In general, this structural adjustment is benign and there is no need to worry too much.

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Therefore, institutional investors will play a more critical role in deciding the issue price of a stock, as investment banks will rely mainly on investor bids, instead of the regulatory ceiling, to decide the issue price.

These measures have greatly raised concerns for a trade war between the US and China and many other countries.

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They agreed the visit has enhanced South Korea's understanding of the CPC party congress and China's future development, and that the country stands ready to promote development of South Korea-China relations.

There has been a growing wave of Chinese companies going public in the US. Chinese online entertainment platform Bilibili Inc on Wednesday rang the Nasdaq opening bell, but it had a rocky first day with shares dropping below its IPO price.