However, "Brazil also has the capacity to recover, since it is a country with a domestic market, and since it has agriculture that sustains the economy," he noted, explaining that "Brazil needs Chinese demand and China needs Brazilian food exports."
However, although Lyuzhai has a registered population of about 63,000, many people have moved to more prosperous areas.
However, Phillips said that he had not seen foreign companies withdrawing their businesses from Hong Kong, adding that it was still too early to evaluate the effects of social unrest on investment decisions.
Hosted by the Taiwan Affairs Office of the State Council and the Yunnan provincial government, the five-day conference attracted around 1,400 entrepreneurs, experts and scholars from both provinces.
Hong Kong-listed China Zhongwang Holding announced the acquisition of Germany's Aluminiumwerk Unna AG (Alunna) on Wednesday, as its latest effort to grab a share of the global market.
House Representatives will receive an intelligence briefing from the administration next week on the Khashoggi case, but it's unclear whether the CIA chief will attend, according to media reports.
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However, compared with adults, teenagers present more challenges to content firms in the market, due to limited reading materials available. Teenagers' purchasing power is also less as most of them are not employed, Dong said.
However, Samsung has faced intense competition from Chinese rivals. A report from market consultancy Canalys showed Huawei became the biggest smartphone player in the world in the second quarter for the first time.
However, Li Li, energy research director at ICIS China, a consulting company that provides analysis of China's energy market, warned the future development of oil and gas pipelines may also slow down mostly due to financial concerns.
However, based on specific groups of workers, those who live in Kunshan of the nearby Jiangsu province and travel to Shanghai for work clock the most mileage at over 40 km. The report also found that 3.2 percent of the commuters in Shanghai have to travel more than 25 km to work.