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The Boston-based giant expected that GE Industrial, the company's core business, could burn up to billion in 2019. That means GE Industrial may see negative free cash flows this year.

The CBS, valued at 2.5 billion yuan (3.5 million), are open to primary dealers for bidding at a fixed rate at 0.25 percent, according to a PBOC statement. The swap will mature on June 27, 2020.

The CAR is "a continental country that does not have an outlet to the sea, and this hampers its development," said the president. However, with the Belt and Road Initiative, his country is now able to "turn this handicap into an advantage, because the CAR is at the heart of Africa."

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The C919's first flight also marked the launch of an O-type ducted thrust reverser designed by Safran Nacelles.

The Bohai-Rim Steam-Coal Price Index or BSPI, which tracks domestic thermal coal spot prices at six major ports in northern China, hit 580 yuan (.26) per ton on Tuesday, up from 577 yuan a week ago.

The Beijing-based company already has sold smart TVs under its main brand Xiaomi for several years. And data from market research company International Data Corp show that Xiaomi shipped 2.35 million units of smart TVs in the first quarter of this year, and accounted for 21. 7 percent of the market, the largest one.

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The CSRC has asked the exchange to make full preparations to ensure the steady operation of the trading.

The BRI is an open initiative, not an exclusive bloc. It aims to connect development strategies rather than seek to exclude each other. We have been working with various parties for trilateral cooperation or multi-party cooperation in the BRI framework. Siemens has partnered with over a hundred Chinese companies to explore the BRI market. Standard Chartered will be providing at least US billion of financing to BRI projects by 2020. GE has landed US.3 billion of orders from the BRI. Such trilateral cooperation should be encouraged in the future.

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The Belt and Road Initiative has brought tangible benefits for businesses in Hungary.

The BRI, put forth by President Xi Jinping in 2013, seeks to create a trade and infrastructure network connecting Asian with Europe, Africa and beyond.