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The research group also warned that long-term economic trends and structural changes pose even bigger risks in the global economy.

The salary of managers in China at the global vice-president level will be cut as much as 30 percent, followed by a 20 percent cut for managers at the director level. The salary of other Tesla employees in China remains the same and the company will try its best to guarantee that staff on the front line will not be influenced by COVID-19, Tesla China said on Friday.

The retaliation will impact some of the state's top agricultural exports, including almonds, wine, dairy, walnuts and pistachios and others.

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The report was jointly released by online tour operator Ctrip.com and China Outbound Tourism Research Institute (COTRI), at the first Business Summit of Ctrip Customized Travel held in the Hungarian capital on Monday.

The ribs platter is the quintessence of chef Yang Yi's creations at Akatoao.[Photo provided to China Daily]

The report, published by the MOC, National Bureau of Statistics and State Administration of Foreign Exchange, also showed that China's ODI reached 8.29 billion in 2017 alone, ranking the third in the world, following the United States and Japan.

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The retail sales of passenger vehicles expanded 8.9 percent to reach 1.7 million units last month, registering the fastest growth since May 2018, the association said in its latest monthly report.

The resolution was filed by 28 current and former Amazon employees and over 7,700 employees signed an open letter supporting it. The two largest proxy advisory firms, Glass Lewis and Institutional Shareholder Services (ISS), which combined represent 97% of the advisory market, also supported the resolution.

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The results showed that high cadmium content in soil increased the susceptibility and toxicity of plants, such as a hybrid poplar mentioned in their study, to ozone pollution, meanwhile the ozone exacerbated cadmium accumulation in above-ground parts of the plants grown on cadmium-polluted soil.

The rising star in Taiwan's Kuomintang party arrived in the Hong Kong Special Administrative Region on Friday, heading a delegation of about 30 officials and businessmen from Kaohsiung.