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SMIC said earlier that it would expand its production capacity in 14 nm manufacturing to 15,000 wafers per month by the end of 2020.

SHANGHAI - Over 750 exhibitors from 53 countries and regions have registered to take part in the 2019 Shanghai World Travel Fair to be held from April 18 to 21.

SINGAPORE - It would be "a significant challenge" to hold the Shangri-La Dialogue (SLD) in early June in view of the COVID-19 outbreak, Singapore Defense Minister Ng Eng Hen said in a Facebook post Saturday.

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SHANGHAI - Tesla stores across Shanghai have been crowded with customers after a new tax break earlier this month, with most orders coming for the most affordable electric vehicle, the Model 3 sedan built at the city's Gigafactory.

SHENZHEN - China's leading insurer Ping An Insurance Group Co of China saw a 68.1 percent jump in net profit in the first half of this year.

SAIC Maxus Automotive Co is to finish building its first overseas plant this year, as part of the carmaker's efforts to expand its presence in the international market, according to a senior executive at its parent company SAIC Motor Co.

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S&P rival, rating agency Moody's, downgraded China's credit rating in May, so the S&P downgrade was not surprising, said Qiao Baoyun, head of the academy of public finance and public policy under Central University of Finance and Economics.

SHENZHEN - Chinese information and communications technology solutions provider Huawei has obtained the world's first CE type examination certificate (TEC) for 5G products.

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SHANGHAI - Chinese e-commerce platform JD.com is locked in a war with two of the country's major courier companies.

SAO PAULO — Brazilian President Jair Bolsonaro was tested for COVID-19 after having an X-ray of his lungs on Monday. He didn't say whether he was showing symptoms of the new coronavirus. Brazil's presidency said in a statement the result of the test will be known on Tuesday. Earlier Bolsonaro told supporters outside the presidential residence in capital Brasilia that he is feeling well.