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In the first eight months, trade with the United States, ASEAN and Japan rose by 19 percent, 19.9 percent and 15.4 percent, respectively.

In the exhibition hall, a Guangxi research institute displays its award-winning robot developed in 2015 to clean industrial tanks. The robots have been sold to sugar plants in Thailand and were well received, said Wei Fuquan, a marketing manager with the institute.

In the United States, the Fed is supposed to conduct monetary policy and fulfil its other responsibilities independent from political influence of the administration. The seven members of the Federal Reserve Board each has a 14-year term, which means unless they resign, their tenure will surpass the eight-year term limit for the US president.

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In the January-July period, SAIC Motor manufactured 2.47 million cars, down 23.92 percent year-on-year. Its sales during the same period went down 25.77 percent year-on-year to 2.51 million units.

In the first quarter of this year, forex market turnover amounted to 51.8 trillion yuan, the SAFE said.

In the US, the coronavirus death toll neared 15,000 Thursday with more than 430,000 confirmed cases. Worldwide, there are about 88,500 deaths and 1.5 million confirmed cases, Johns Hopkins University reported.

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In the first five months of 2020, Chinese auto brands sold 2.26 million passenger vehicles.

In the battle against overcapacity, a major task for the reforms, China has accomplished its plans to slash steel production capacity by around 50 million tons and coal by at least 150 million tons last year.

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In the first quarter, 1,037 illegal fundraising cases occurred across China, down by 16.5 percent from the same period of 2017. The money involved fell 42.3 percent year-on-year to 26.9 billion yuan (.27 billion).

In the US, the trucking industry is facing a shortage of 50,000 drivers, according to the American Trucking Association, which says the nation will need another 898,000 drivers in the next decade to meet future demand generated by the booming e-commerce and retailing industries.