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In light of a complicated and volatile environment at home and abroad, the NDRC should strengthen research and judgment in advance and bring forward pertinent and viable suggestions on maintaining steady economic growth, winning the "three tough battles" and improving people's wellbeing, Han said.

In many sectors, especially steel, concrete and construction, these Chinese SOEs have built over-capacity. But, this is not because of State ownership. Economists use the term "hog cycle" to describe a market where future investment needs to be made well in advance of usage. During a boom market, lots of hog farmers jump in and raise more piglets. But, when all these piglets come to market, the price collapses because of oversupply. The same thing happened in the housing market in the US and elsewhere.

In its lawsuit, filed May 3, Amazon asked for a declaratory judgment affirming the validity of its advertising. The suit (PDF, 15 pages) provided data intended to substantiate the claims — comparing Amazon’s prices vs. the list prices for textbooks.

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In his speech, Zhou responded to several highlighted issues such as intellectual property rights protection. Zhou reiterated the Chinese government's stance of protecting intellectual property rights and strengthening law enforcement.

In her latest attempt to seek foreign support for her separatist agenda, Taiwan leader Tsai Ing-wen said she had submitted requests to buy new F-16 fighters and M1 tanks from the United States. This will have warmed the cockles of Washington's heart, but it has only further strained the already chilly atmosphere across the Taiwan Straits and incurred strong opposition from Beijing.

In his speech at the APEC CEO Summit, Xi said that while achieving its own development, China will make greater contributions to helping countries around the world realize shared prosperity.

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In his concession speech, NDP Leader Jagmeet Singh said New Democrats are going to Ottawa to work with the Liberals and "fight for Canadians".

In late June, the Ministry of Industry and Information Technology also issued a notice, demanding companies check for potential safety hazards with battery boxes, waterproof protection, high-voltage wiring harnesses and onboard charging devices.

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In mid-day trading, the Dow Jones Industrial Average had fallen 2,183.83 points, or 9.34 percent, to 21,359.40. Nasdaq was down 8.14 percent. The S&P 500 lost 8.47 percent.

In handing down the sentences, Judge Frankie Yiu Fun-che said that in a densely populated city with busy traffic like Hong Kong, a riot could spread very quickly and have severe consequences. He added that when the Mong Kok incident took place, hundreds of people congregated and confronted police, which could severely disrupt social order and put public safety at risk.