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He estimated that a total of 200,000 to 400,000 people would be back to work in businesses of construction, manufacturing, wholesale trade and curbside pickup for certain types of stores.

He expressed remorse in his final statement after prosecutors presented evidence and Yuan's attorney made a statement of defense, according to a court statement.

He drew upon the US threat of sanctions snap-back against Iran, saying that Iran will be able to improve the situation as "the world stands with us and we should use this opportunity."

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He drove around key areas in one or two districts, observing and recording a variety of sites, including hospitals, business areas, commercial and retail, residential, and educational areas.

He noted that trade tension started in early March with the US steel and aluminum tariffs for national security concerns and has fed into several bilateral negotiations aimed at reducing US trade deficits. "These initiatives will do little, however, to change the multilateral or overall US external current account deficit, which owes primarily to a level of aggregate US spending that continues to exceed total income," Obstfeld said.

He attributed the expected slow recovery to the double blow dealt to Hong Kong by the social unrest last year and the novel coronavirus — and both those coming as the city was caught in the crossfire of the Sino-US trade war.

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He expressed satisfaction on the current development momentum of China-Vietnam ties, which now feature frequent high-level visits, deepening practical cooperation, vigorous people-to-people exchanges and close coordination on multilateral occasions.

He has decided to bring his Chinese girlfriend to celebrate Christmas with his family in Lisbon.

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He is on bail pending further investigation.

He explained that it is an important "milestone" in the implementation of the "one country, two systems" ideal because it powerfully supports the sustained implementation of the principle.