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China's foreign trade volume in Q1 drops 6.4%

China's foreign trade volume in the first quarter of this year reached 6.57 trillion yuan (about 930 billion U.S. dollars), declining 6.4 percent year on year, the Gene

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FDA clears N95 decontamination process that could clean up to 4 million masks per day

The U.S. Food and Drug Administration (FDA) has provided an emergency use authorization (EUA) for a decontamination process provided by company Advanced Sterilization Products (ASP) that could see as

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China remains Mongolia's biggest trade partner in Q1

China maintained its position as Mongolia's biggest trade partner in the first quarter of 2020, Mongolia's National Statistics Office (NSO) reported on Monday. China t

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China's Bond Connect program reported robust business

Trading volume under China's Bond Connect program in March reached 478.2 billion yuan (about 68.31 billion U.S. dollars), according to the China Foreign Exchange Trade

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OPEC+ formulates a two-year oil cut deal to be implemented gradually

OPEC+ initiates a two-year oil cut deal to be implemented gradually. Major oil producers agreed to slash output as feuding members of the OPEC+ coalition buried differences in an effort to lif

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Restaurant management platform Toast cuts 50% of staff

Last valued at $5 billion, restaurant management platform Toast has joined the sweep of startups laying off employees due to the economic impact of the COVID-19 pandemic. Toast reduced the size of its

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India’s Swiggy raises $43M to expand to new businesses

Indian food delivery startup Swiggy said on Monday it had secured an additional $43 million as it looks to expand to new businesses.Ark Impact, Korea Investment Partners, Samsung Ventures and Mirae

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China-Europe freight trains see growth in east China despite COVID-19

In the eastern Chinese city of Suzhou, China-Europe freight trains have fully resumed operation with over 50 percent increase in the number of trips in March year-on-y

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What is a stay-home order like in Chicago

02:39 Although Illinois was one of the earliest states to implement a statewide stay-home order, as our reporter Liu Xiaoqian finds out, people are still roaming the streets of Chicago

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China's express parcels to see double-digit growth in 2020: report

China's express delivery sector is expected to report a double-digit growth in parcel volume this year, an official report said. The country is expected to see over 74

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France launches marketplace to manage essential products against COVID-19

French startup Mirakl usually works with e-commerce websites in order to help them build out a marketplace with third-party sellers. This time, the company has developed a marketplace called StopCOVID

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Instacart will bring on 300,000 new full-time shoppers due to coronavirus

San Francisco-based Instacart today announced it will bring on 300,000 shoppers for its grocery delivery platform over the next three months. The move is meant to manage an uptick in demand due to the

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Lyft to offer medical supply and meal delivery during coronavirus pandemic

Lyft is expanding the types of services it provides through its on-demand transportation network in an effort to boost efforts to deal with the ongoing COVID-19 pandemic. The company announced that i

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China's cultural trade up 8.9 pct in 2019

China's cultural trade registered steady and fast expansion last year, with the aggregate trade volume of cultural products up 8.9 percent year on year, official data s

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Online diagnosis, treatment play big role in China's epidemic fight: official

BEIJING, March 20 (Xinhua) -- Online diagnosis and treatment have played a unique and significant role in China's fight against the novel coronavirus disease (COVID-19)

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Venture investment in esports looks light as Q1 races to a close

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.Today we’re taking a look at the world of esports venture capital investment

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Orders for masks bound for Europe soar on Alibaba's AliExpress

AliExpress, an international online shopping platform under Alibaba, saw a jump of orders for masks from European countries hard hit by COVID-19, including Italy, Spain and France, in the first