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The Hurun Rich List 2017 named Wang one of China's 30 entrepreneurial leaders under the age of 30. [Photo provided to chinadaily.com.cn]

The Hong Kong Special Administrative Region government on Wednesday ordered three more types of entertainment venues to close for 14 days while reporting 51 new cases of the novel coronavirus, with the youngest patient an infant only 40 days old.

The Hungary-Serbia high-speed railway, a flagship project for regional inter-connectivity, is also on the agenda.

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The Federal Reserve cut interest rates by half a point March 3 — the largest cut since the 2008 financial crisis — to help calm financial markets and stabilize the economy. But the market continued to fall. Many analysts therefore expect a second rate cut when the Fed meets March 17-18. The current rate range is 1.00 to 1.25 percent and could be slashed as much as a half to a full point.

The Hong Kong-listed firm said on Tuesday that it will apply to issue shares in Shanghai, after delisting from the New York bourse a year ago.

The IA-CEPA encourages the entry of the Australian investors into Indonesia and protects the Indonesian investors in expanding business to Australia.

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The Hong Kong cargo ship, 225 meters in length, belongs to Wenlin Changfeng Shipping from Zhejiang province. Carrying 64,000 tons of food, the ship was bound for Guangdong province from the United States with 21 Chinese crew members onboard.

The Fed's cautionary words about rates mark a softening from its previous meeting, when it appeared to leave open the prospect of further increases soon. With pressures on the US economy rising — a global slowdown, a trade war with China, a nervous stock market — the Fed under Chairman Jerome Powell has been signaling that it's in no hurry to resume raising rates after having done so four times in 2018. And with inflation remaining tame, the rationale to tighten credit has become less compelling.

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The Fourth Plenary Session of the 19th Central Committee of the Communist Party of China (CPC), held late last month, emphasized the necessity of building a modern central banking system, improving the base money issuance mechanism, and enhancing the marketoriented interest rate system.

The Fushun Fruit SpA has been exporting Chilean cherries to China for three years. Alonso Xu, general manager of the company, said the firm's total export volume is expected to reach 1,000 metric tons this year.