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Nor is it a hasty or unnecessary move. Indeed the need for an extradition agreement with the mainland was acknowledged by government officials and legal experts ahead of Hong Kong's return to China in 1997.

Nobody thinks SOEs are highly efficient. That is why the government is strongly pushing for their reform. They will continue to serve as essential providers of goods and some services that are not efficiently produced in highly competitive sectors.

Nix said the firm handled "all the data, all the analytics, all the targeting" and said Cambridge used emails with a "self-destruct timer" to make its role more difficult to trace.

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No country or individual can stand in the way of the rejuvenation of the Chinese nation, he said.

No immediate casualties were reported.

Nigel Harris, president of the US carmaker's joint venture Changan Ford, said the decision to debut the Focus in China shows the importance of the market. He added that the latest model has been tailored for the Chinese market using local customer feedback－such as more legroom for passengers.

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Nonetheless, CSG found that sometimes it is hard, even dangerous, to be the "first crab-eater". The company experienced quite a few difficult periods in technology exploration and evolution of float glass, glass coating and processing, photovoltaic module panels, electronic display glass, and other businesses. One such difficult period led CSG to master the float glass technology in 1990s.

New yuan loans rose by 13 percent from a year earlier by the end of September, a growth rate that remained unchanged on a monthly basis. Aggregate financing, a broader measure of financing for the real economy, including government bonds, reached 280.07 trillion yuan, up 13.5 percent, according to PBOC data.

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No arbitrary regulation or oversight will be enforced on new business models, because what is known about new things is always far less than what is unknown, and they should be given a chance to grow, Li said.

Nonaka, born in the town of Ashoro in Hokkaido on July 25, 1905, was confirmed by the Guinness World Records as the world's oldest living man in 2018.