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Microsoft says it had not been supplying facial recognition programs to any U.S. police force, but with the announcement, the company joined Amazon and IBM in putting new limits on the technology. Amazon paused sales of its Rekognition software to law enforcement for one year, after IBM dropped sales of the technology altogether.

Monday's interbank market showed the overnight Shanghai Interbank Offered Rate (Shibor), which measures the cost at which banks lend to one another, increased 3.7 basis points to 2.453 percent. The Shibor rate for one-month loans rose 1 basis point to 2.838 percent.

Michael Spence of the University of Sydney said the government was making "Sinophobic blatherings" in its attempt to take a tougher stand against foreign interference in domestic politics. He made the comment in a recent interview with Weekend Financial Review.

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Mongolia exported a total of 11.2 million tons of coal in the first seven months of this year, a decrease of 46.4 percent compared to the same period last year, official data showed.

Models show off fashion pieces by TINT, a new brand of bespoke garments for businesswomen in Chengdu. TINT stands for "Trend is nonsensical and tedious". [Photo provided to China Daily]

Microcredit lenders' role in improving financial inclusion, however, is much more substantial than their proportion in lending balances, according to Mo Xiugen, research head of the Chinese Academy of Financial Inclusion at Renmin University of China.

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Millions of people have already been screened. Now, the net is widening. Cheng Si reports.

Miracle Automation, an intelligent equipment and services supplier, has also entered the scrapped vehicle dismantling industry. The company expects scrapping to become the key area of business growth in the future.

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Mo's sentence will be announced at a later date, the court said.

Minute 27:00 On Webvan, the online grocery service that Benchmark invested in before it imploded during the dot-com bust. “I would say it was a good idea, and I think it was something we’d do it again at that moment in time. I think it was well executed on the product side, less so on the business side,” said Gurley.