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Yihua Enterprise (Group) Co Ltd, the bellwether of the country's listed timber companies that ventured overseas for forest resources, said it is going to aggressively expand its business in Africa with a billion investment in Gabon, on the west coast of the continent.

Yulia Wan, an analyst at Moody's Investors Service, said in a report that smaller banks will face greater liquidity constraints due to their faster rate of asset growth and their reliance on wholesale funds, which will make them more vulnerable to financial market volatility.

Yili sent pure milk and infant formula worth 500,000 yuan to support relief efforts after a 6.0 magnitude quake hit Changning county in Yibin city, Sichuan province, in June 2019. A special rescue group offering maternal and infant care was there to assist the people affected by the quake.

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Yu Jianlong, secretary-general of the China Chamber of International Commerce, said the trade disputes would not alter the goal of both countries to reduce investment restrictions. The economic growth resulting from such reductions would help the Trump administration fulfill its promise to create jobs in the US manufacturing sector, at least within the next two years, Yu said.

Yet the sector expanded more slowly than in March, Zhao said, with production outpacing the recuperation of market demand, and rising uncertainty in foreign trade.

Yet he is still passionate about the vehicle's importance in Philippine history.

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Yu, chairman of the National Committee of the Chinese People's Political Consultative Conference, made the remarks in a meeting with delegates to the 9th Straits Forum on Saturday.

Yu Chunhai, a researcher at the National Academy of Development and Strategy of Renmin University of China in Beijing, said, "Taking into account its domestic political and economic pressure, the US government has the motive to deliberately initiate the trade fight with China and impose trade protectionism policies."

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Yoon Do-han, senior Blue House press secretary, said at a news briefing that Kim sent his personal letter to Moon on Wednesday to "convey his message of comfort" to the people who are fighting the COVID-19 outbreak. In the letter, Kim said he believed that the ROK would prevail over the outbreak without fail, conveying his best wishes for the continued good health of his compatriots in the South. In response, Moon conveyed his gratitude through a personal letter to Kim, officials said.