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I can't. The many US economists I had talked to, including left and right leaning and centrist, can't make sense of it either. Trump's trade adviser Peter Navarro is probably the only US economist who believes "jobs and wealth are being given to other countries", despite the rebuttals from numerous respected economists.

Huang Xuan shows up at an event to introduce his new job as the chief experience office of Zest Home, an online label of the furniture manufacturer Markor. [Photo provided to China Daily]

Huang said that China's outbound investment, not just in technology but in property-related investments, is also declining, because Chinese firms and households are being discouraged from investing in property overseas.

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Huawei is facing a crackdown from the US government, which accuses the company of posing risks to its national security.

Huawei was among the Chinese tech companies recently entered onto the US' Entity List which bans US companies from selling components and software to them.

Huang Ping, a Beijing railway police officer, said the drill was designed to examine the emergency response and attack ability of railway police.

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Hughes wrote that Facebook has "acquired its way to dominance". He also suggested that the Federal Trade Commission (FTC) enforce antitrust laws by undoing the Instagram and WhatsApp acquisitions and ban future acquisitions by Facebook for several years.

Huang said the city government would provide quality service for the new plant in the future, and expressed hope to deepen cooperation with Yakult.

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Huang Yiping, a central bank advisor, said more efforts are needed to turn policy signals into concrete steps.

Huang said the changes have helped restore public confidence in the lottery and facilitate its healthy development.