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Germany on Saturday said it planned to block payment of 35 million euros (about million) to Brazil for forest conservation and biodiversity programs.

Geely, headquartered in eastern Chinese city of Hangzhou, is best-known for reviving the Volvo brand. The Swedish-Chinese brand has enjoyed a renaissance since Geely acquired the brand several years ago.

Gaungdong has reported 172 imported cases as of Sunday.

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Giant panda Xin Xin gave birth to this cub at the Shenshuping base of China Conservation and Research Center for the Giant Panda. It is the first giant panda born at the center this year.

Global CVC funding saw a sharp increase in 2018, up by 47 percent year-on-year to billion, and corporate venture units participated in 2,740 investment deals, rising 32 percent, with each worth million on average.

Geng said the fact that the World Economic Forum billed its annual conference for 2021 in Davos as the "Great Reset" reflected the urgent global aspiration for cooperation to deal with the pandemic and resume stable worldwide economic development.

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Geng said it is of great significance that the country has issued the guidelines to prevent monopolistic behavior among major internet platforms, which are fending off new rivals that are eating into their market share.

Global asset manager Schroders said in a research note that it expects China to maintain an easing and accommodative monetary policy. The firm said it remained confident in the mid to long-term performance of the Chinese market despite rising short-term volatility.

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Geng added: "The Chinese government attaches great importance to protecting the legitimate rights and interests of Chinese citizens overseas and hopes that the Spanish side will take effective measures to earnestly guarantee the legitimate rights of Chinese citizens in Spain."

Geely Automobile Holdings Ltd employees assemble a sedan on the production line at the company's factory in Cixi, Zhejiang province. [Photo/Agencies]