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In his 1997 shareholder letter, Amazon founder and CEO Jeff Bezos noted that “it’s all about the long term.” Bezos echoed that sentiment today.

In just the last month, new books by former International Monetary Fund chief economist and Indian central bank governor Raghuram Rajan (The Third Pillar) and New York Times columnist Ross Gregory Douthat (The Decadent Society) have made similar points about the cultural and economic collapse of the US working class. Unfortunately, all these authors are strong on diagnosing the problem and outlining its causes but are less convincing at specifying ways to reverse or even slow this catastrophe.

In its lawsuit, Huawei will claim the National Defense Authorization Act violates the Bill of Attainder Clause and the Due Process Clause. And it also violates the Separation-of-Powers principles enshrined in the US Constitution, because Congress is both making the law, and attempting to adjudicate and execute it, the company said.

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In her congratulatory message, Bhandari said that the Nepal-China friendship has a long history and a solid foundation.

In particular, Lavrov noted that, "It would be silly to distance ourselves from any agreements that we view as mutually beneficial and workable, and distancing ourselves from these agreements－in this case with China－just to show that we can also spin intrigues ... why should we do this? This is to our detriment," Tass News Agency reported.

In his New Year address, President Xi reaffirmed his solemn commitment to lift all of the country's rural impoverished people out of poverty under current standards by 2020.

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In other financial news from Amazon.com, the company’s annual proxy statement is also out this morning, showing compensation for Jeff Bezos and other top executives. Of note: Security costs for Bezos — a subject of much attention when they rose sharply in the past — declined slightly to .6 million in 2010, from .7 million in 2009.

In multiple locations of Hong Kong in recent days, people, young and old, have gathered to clear the bricks and rocks blocking roads, and carry them away with carts.

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In his speech, Cui also praised the Comprehensive Economic Dialogue (CED) held by the two sides last week as a success.

In late March, the China Securities Regulatory Commission approved the establishment of JP Morgan Securities (China) Co Ltd and Nomura Orient International Securities Co Ltd, which are joint-venture securities firms with the foreign company taking the controlling 51-percent stake. UBS Securities was the first to get such approval in China at the end of last year.