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The United States removed the label of "currency manipulator" from China on Monday, a move that a leading US expert called "just recognizing reality" and will be welcomed by investors.

The US last week initiated an investigation against China, examining the latter's intellectual property policies and practices under its Section 301 of the Trade Act of 1974. China has expressed strong opposition and said it will take all appropriate measures to protect its lawful interests.

The United States has repeatedly imposed so-called sanctions over Hong Kong since social disturbances last year.

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The US president said he hopes that the two economic teams work together to actively resolve the issues in bilateral economic and trade relations. He said the two countries should strengthen trade and investment cooperation in the energy and manufacturing sectors, expand agricultural trade and market access and bolster cooperation in protecting intellectual property rights, to bring more practical benefits for the two peoples.

The US-China Business Council, he noted, predicts that American goods and services exports to China will double to 9 billion in the next decade and rise to 0 billion by 2050.

The US Department of Justice, questioning Harvard University's use of race as a criterion in its admissions process on Thursday, supporting Asian-American applicants suing the Ivy League school for discrimination.

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The UK market has been an important country in Huawei's global strategic layout. Huawei has continuously increased its investment in the UK since it established its first office in the UK in 2001.

The US Commerce Department on May 10 launched the latest anti-dumping duty and countervailing duty investigations against imports of cold-drawn mechanical tubing from China, Germany, India, Italy, the Republic of Korea and Switzerland.

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The US Federal Trade Commission says the 35,000 victims of robocall scams in 2018 lost about million. Among 1.4 billion fraud reports made last year, more than one-third involved impostor scams, and government scams cost the US nearly 8 million in total, according to the agency.

The US embassy confirmed in a statement on Thursday that there had been an explosion at about 1 pm on the street outside the southeast corner of the compound. The police immediately responded, and there was no damage to embassy property, it said.