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Market reaction to the downgrade has proved to be limited. Bond prices barely moved, as most of the fixed income products were bought by state-owned banks and held to maturity, said Daniel Christen, an analyst with Capital Economics, a research agency.

Match Group shares fell more than 23 percent on the news of Facebook's service. IAC, Match Group's parent company, dropped more than 15 percent. Sparks Networks, owner of JDate and ChristianMingle, fell 7.3 percent.

Market potential is so huge that companies throughout the manufacturing chain are battling for supremacy.

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Many US manufactures that use imported steel and aluminum are seeking their way out by filing tariff exemptions, arguing that they depend on imported steel, and that domestic producers can't fill the gap.

Many of the seized products had not yet passed health inspections and would pose a serious threat, Lin said, adding that some of the meat might have come from areas with animal epidemics.

Martin Kerchner, the minister of economy, infrastructure and energy of Mendoza province, Argentina, told Xinhua News Agency that he was excited to see Xi's signed article in an Argentinian newspaper mentioning the expo.

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Margrethe Vestager, European Commission executive vice president in charge of competition policy, at a news conference Tuesday about the Amazon case. (European Commission Photo / Lukasz Kobus)

Marie Parfait, a 58-year-old woman from Port-au-Prince who lives in Miami and works as a dishwasher, said: "Nothing in Haiti. Nobody there for me. If Mr Trump doesn't give me residency, I'm lost. Please, President Trump, give me residency because I like this country, I like America. ... I'm not going anywhere."

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Many local medium- and small-sized commercial banks are credited to receive more than 120 billion yuan from the RRR cut. It also will reduce the banks' financing costs by about 15 billion yuan every year, which will help to lower lending prices for small business, the statement said.

Many opportunities also came from the recent trade and economic talks between China and the US in both Beijing and Washington, which showed signs of moving in the right direction, and government measures to help small and medium-sized businesses to unclog the lending channels and remove their funding pressures, according to the executive.