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The research firm IDC says spending on cloud infrastructure alone will surpass 0 billion by next year. Organizers of Saturday’s summit said the opportunity skyrockets into the trillions when factoring in augmented reality, artificial intelligence, quantum computing and other frontiers.

The report, based on lies and prejudice, ignored the basic fact that the Chinese government protects its citizens' freedom of religious belief in accordance with the law, said the article.

The revision also loosens control over the requirements for foreign investors, saying that to make strategic investments in Chinese listed firms, a foreign company must own actual overseas assets of no less than million or manage actual overseas assets of no less than 0 million.

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The rise of Luckin has brought increased competition from market dominator, Starbucks China, which currently has 3,600 stores in 150 cities.

The retailers are all banning merchandise in?the aftermath of last week’s mass shooting in Charleston, South Carolina. The flag has become a symbol of racism and hatred, with government officials demanding that the flag be lowered?from the statehouse.

The revision was viewed as another significant move by China to open up its economy in a global environment of rising protectionism.

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The rise in minimum wages will raise the incomes of workers, in particular those with low incomes. Unemployment insurance benefits, sick pay and basic allowance will increase in line with minimum wage.

The retail business in the Chinese mainland is expected to return to the level seen before COVID-19 struck within the next 12 months, with an increasing number of retailers adopting multi-channel marketing such as launching online sales and introducing delivery services, a research report showed.

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The rules came after the Charity Law took effect in September 2016-a chapter of which is devoted to requirements for regular disclosure of data. But the new rules go a step further by detailing the specifics of what must be disclosed and the punishment for lack of transparency.

The revised law will enter into effect on Jan 1, 2018.