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Travel and hotel companies were hit hard. Delta Airlines fell 6.65 percent. United Airlines lost 14.82 percent. Hilton Hotels fell 11.56 percent while Marriott lost 9.61.

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Together with three friends, Che founded a company in Xiongan to offer services to newly set up firms and their employees.

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Trade with BRI countries also registered a higher share of China's total trade, which stood at 28.9 percent, up by 1.5 percentage points compared with H1 2018.

Traps and conspiracies plague minds dominated by Cold War thinking and belief in a zero-sum game, while a proactive and cooperative mindset helps create new opportunities and converts challenges into chances, Hua added.

Total trade volume was worth 2.67 billion euros (.32 billion), a 12-percent increase compared to the year before, with neighboring Serbia as its biggest trade partner.

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Trade disputes between China and the US have prompted Chinese companies to be more internationalized by building diversified sales networks, new innovation and manufacturing facilities across the world, especially in economies related to the Belt and Road Initiative, said executives from global consulting firm Deloitte.

Tourism provides 2.8 percent of the UK's gross domestic product. But some smaller cities are beginning to feel overwhelmed by the number of tourists, and that the costs are beginning to outweigh the benefits.

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Topping the table as the world's most valuable nation brand, the USA's brand value has gone up 23 percent over the past year to .9 trillion. The US economy has expanded at a speedy pace with growth expected to continue in the months to come.

Total domestic new energy assets reached 194.7 billion yuan (.74 billion), with net assets reaching 58.8 billion yuan by July.