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Instead of providing valid recall plans, the eight manufacturers propose recalling a small number of vehicles for testing and analysis, said the General Administration of Quality Supervision, Inspection and Quarantine (GAQSIQ).

Investors continued to worry about trade tensions between the world's largest economy and its key trading partners while recognizing that economic fundamentals remain strong, analysts noted.

Innovation is the key factor driving the new round of consumption and leading to a digital revolution in the business world, Alibaba Group's CEO Zhang Yong said.

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Insisting the growth of technology in this era was the third phase of a global business development cycle, Ma said the new phase of technology development, driven by intelligence systems, would require the development of brains and innovations where innovation would replace human beings.

Investment through banking subsidiaries instead of parent companies will also make it easier for the regulator to monitor and manage capital flows, She stressed.

Iran has been under unprecedented sanction pressure by the United States following US President Donald Trump's withdrawal from Iran's nuclear deal in May last year.

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Inspectors will focus on whether enterprises have passed environmental evaluations, violated pollutant discharge rules, or illegally transferred imported waste, among other aspects. Those breaching environmental regulations should be investigated and punished in a timely manner, the ministry said.

Inspired by government support, British companies started to participate in some of the biggest BRI projects. Standard Chartered bank, for instance, financed more than 50 BRI deals in 2017 alone, including a 5 million project financing a power plant in Zambia, a 0 million loan for a power plant in Bangladesh, and a million export credit facility for a Sri Lankan gas terminal.

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Ireland can also help with project financing, as a member of the China-initiated Asian Infrastructure Investment Bank, to provide infrastructure financing to economies involved in the Belt and Road Initiative, D'Arcy added. The country is also a director of the European Investment Bank－the world's largest public lending institution that provides project financing.

Innace said prices for steel were at a 20-year low when Bush imposed tariffs, but are at a seven-year high now.