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The international expansion lays the groundwork for Amazon to continue growing the market for its Kindle Fire tablet.

The importance of those two factors has been heightened in recent weeks with a massive selloff in the stock market due to the spread of the novel coronavirus, or COVID-19.

The idea of trekking the Yangtze River formulated after Dykes visited China in 2010 and felt such a journey would take him "to the heart of the country".

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The household leverage increased at a slower rate than the same period last year, pointing to low risks in household debts, according to Liu Lei, a researcher with the Center for National Balance Sheet under the National Institution for Finance & Development of the CASS.

The incident is under investigation, the statement added.

The initial focus will be on creating and nurturing more founders, both those that are already building startups or those locked inside giants like Amazon, Microsoft, Google, and Facebook who are “considering leaving the nest to start a company,” Jacobson said.

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The incident occurred at Erhuan Bridge above the intersection of Kang'an and Qianjin roads in Harbin's Daoli district at 4:40 am. The seven workers hit by Li's car were cleaning the ground at the time. Four of the victims died at the scene and a fifth died at the hospital.

The industrial park, already the world's largest producer of optical fiber and cables, has also become an ideal destination for the new headquarters of tech firms. In 2017, AI heavyweight iFlytek and internet-based firms like Qihoo 360 and Kingsoft located their second headquarters there. It also houses the research centers of e-commerce giant Alibaba and tech giant Huawei.

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The industry's revenue amounted to 10.53 trillion yuan (about .5 trillion) in H1, up 1.29 percent year on year, while total profits came in at 619.5 billion yuan, down 8.58 percent from a year earlier, according to the China Machinery Industry Federation.

The institution's WeChat account said the classes offered to teenagers cost 96,000 yuan (,200) a year and include three years of middle school and another three years of high school.