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Property sales recorded strong growth in 2016 with an annual gain of 22.5 percent, thanks to two years of policy easing, starting with relaxation of purchase restrictions in 2014 and fueled by pro-growth policies, including interest rate cuts.

Previously, Alibaba and Ant Financial had invested .25 billion to acquire about 30 percent of Ele.me.

Professor Christopher Bovis of the University of Hull, who specializes in international business law, said the issue of EU member states' budgetary contributions is part of a bigger picture. "Alliance members have been developing their own military capability and defense industries, which compete directly with the US defense industry."

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President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, visits an industrial park of Wanhua Chemical during an inspection tour in Yantai, East China's Shandong province, June 13, 2018. [Photo/Xinhua]

Prices of resold homes in second-tier cities reported a rise of 0.1 percent, down 0.1 percentage points from the previous month. Resold home prices were up 0.5 percent in third-tier cities, 0.2 percentage points lower than the previous month.

Project leader Drysdale said several factors were behind the sharp fall. "The drop in global Chinese investment by 9.8 percent was one element as well as the fall-off in the attractiveness of investment in the mining sector since its peak in 2016."

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Professor Wang Aiping from the Indonesian research center at Fujian Normal University introduced the delegates to the history of exchanges between China and Indonesia tracing back to Zheng He's voyages, including the admiral's role in forging early Islamic links with Indonesia, now the country with the largest Muslim population.

Prior to Noah, Wang had worked with Adams Street Partners as partner in charge of global primary investment and has deployed capitals hitting billion.

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Property prices should not be allowed to spiral out of control in the Xiongan New Area when development gathers pace.

Previously on GeekWire:?Why Amazon and other retailers are supporting this national sales tax legislation