China boast 80% of world’s unicornsSince the term “unic

icorn” was first used by venture capitalist Aileen Lee six years ago to describe a privately held startups valued at $1 billio

n or more, the number of companies matching this label has mushroomed to 326, according to a report.

The United States is home to 156 unicorns, nearly half of the world’s total, followed by China with 94 unicorns, Jeff Desj

ardins, editor-in-chief of media site Visual Capitalist, said in a report called Visualizing the Unicorn Landscape in 2019.

The total valuation of the 326 unicorns has been raised to $1.1 trillio

n by investors, of which almost 30 percent is made up by the top seven unicorns with hig

hest valuation, including Bytedance, Uber, Didi Chuxing and WeWork, the report citing data from CB Insights said.

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Some foreign entities have violated the market princ

nciple and spirit of contract and taken measures to block Chinese companies for non-commerci

al purposes, threatening the safety and benefit of China as well as the global industrial chain.”

“To fight trade protectionism and safeguard China’s national securit

y and legitimate interest of the public, China has decided to make such a list,” Gao said.

The ministry will disclose more details regarding the list in the near future, Gao said.Starting his seco

nd term in office, Indian Prime Minister Narendra Modi has proposed a second China-India infor

mal summit in Varanasi later this year. Varanasi is not only a culturally important city for Indians and one of the olde

st cities in the world but also the constituency that elected Modi to parliament.

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The country will allow overseas investors to trade more

types of onshore commodity futures contracts without registering a Chinese entity, and will continuously improve the relate

d rules, Lu Dongsheng, an official with the China Securities Regulatory Commission, told a forum on Tuesday

Lu also announced other measures to develop China’s commodity fut

ures market, such as accelerating the launch of ricThe Shanghai Futures Exchange will open

up its nonferrous metals futures contracts to foreign investors, Jiang Yan, Party secretary of the exchange, said at the s

ame forum. The bourGuo Shuqing, head of the China Banking and Insurance Regulatory Commissiose will also list a n

ew type of futures contract, TSR20 Rubber, which will be available to both domestic and foreign investors, he sai

d.Lu also announced other measures to develop China’s commodity futures market, such as accelerating the launch of

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n the case before Mehta, Trump and his business orga

anization sued to block the subpoena issued in April to Mazars USA, an accountant for the president and Trump Orga

nization. Trump’s lawyers accused Democrats of harassing Trump and said the subpoena “has no legitimate legislative purpose.”

Trump’s lawyers, in suing in both Washington and New York in attempt to beat back congressiona

l subpoenas, said congressional investigations are legitimate only if there is legislation that might result from them.

In the New York case, Trump, his business and family have sued Deutsche Bank and Capital One to prevent the fi

nancial companies from complying with subpoenas from the House Financial Services Committee and the House I

ntelligence Committee for banking and financial records. A Wednesday hearing is planned in that case.

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it its lowest level since November. Trade talks betw

ween China and the United States recently faltered and a large amount of additional tariffs are expected to be imposed on imports from both sides.

China will take necessary measures, in response to foreign exchange market flu

ctuations, including using a strengthened risk management system, said Pan.

He also stressed that authorities would crack down on illegal activities in foreign exchange trading.

“China has sufficient policy tools,” said Pan, who is also director of th

e State Administration of Foreign Exchange, the country’s foreign exchange regulator.

The PBOC vice-governor also confirmed on Sunday that China will continually implement

opening-up policies and improve the environment for overseas investors and protect the legal rights of foreign investors.

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Huawei said in a statement on Thursday that restricting t

 company from doing business in the US will not make the US more secure or stronger.

“Instead, this will only serve to limit the US to inferior, yet more expensive alternatives, leav

ing it lagging behind in 5G deployment and eventually harming the interests of US companies and consumers.”

The company said it is ready and willing to engage with the US government to come up with effective measures to ensure product security.

In response to the ban on Huawei buying parts from US companies, the company said such a deci

sion will “do significant economic harm to the US companies with which Huawei does business, affect tens of t

housands of US jobs and disrupt the current collaboration and mutual trust that exist in the global supply chain”.

Wang Peng, deputy head of the China Center for Information Industry Development, said the new US moves will disrupt the whole global electronics in

ustry and hurt a string of US companies that supply chips and other components to Huawei.

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I was premier of New South Wales for the long

est time. I got to know the Chinese community and got to appreciate its loyalty to Australia an

d its democracy and cannot imagine Australia without them. They are not pushing a communist par

ty agenda. Now they feel uncomfortable with headlines that associate them with disloyalty.

Chinese-Australians need to set up an organization

And I will offer my advice and support when they are ready to set up an organization to defend this proposition.

It should be an organization without any links to Beijing or any obl

igation to defend China’s system of government, an organization that will assert that mig

rants from China who do the right thing should not be subject to taunts and stereotypes and vilification.

With this, it might be said, Chinese migrants in Australia will stand up, just as the Jewish migrants did in the US.

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It is sometimes called Cantonese cancer, as the inciden

e in Guangdong – 30 cases per 100,000 people – is more than 30 times higher than the rest of the world.

When Ma was a visiting scholar in the United States, he found many patients we

re Chinese-American, and most of their families were originally from Guangdong.

An epidemiology study in 2010 traced the risk gene for this type of cance

r to the Baiyue people, an ethnic group that lived in the area more than 2,000 years ago.

In 1998, the US National Comprehensive Cancer Network proposed concomitant radiothera

py and chemotherapy along with three courses of intensified adjuvant chemotherapy afterward to treat patients with a

dvanced nasopharyngeal cancer. It became the standard treatment for advanced cases around the world.

For years, Ma has wondered if it really worked for Chinese people.

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It is the duty of car dealers to deliver qualified autom

obile products, and those who refuse to bear responsibility or compensate consumers for

unqualified automobiles violate the law and will be punished, said the China Consumers Association.

The discussion heard that some dealers force consumers to purchase insurance or ask for financial serv

ice fees without issuing invoices, both illegal acts that should be severely punished according to the law, the association said.

During the discussion an unnamed womaen complained that she was sold a defective Mercedes-Benz car.

The woman said the engine of the CLS300 she bought from Xi’an, Shaanxi province dealership Lizh

ixing Co developed problems soon after she bought it March 27, but she failed to get a refund or exchange.

She also said she was asked to pay a “financial service fee” of 15,000 yuan to an employee without knowing what the money was for.

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It is targeting the rapidly growing outbound travel mar

rket. Last year, it acquired Fishtrip, a Taiwan province-based bed-and-breakfast b

ooking platform. The move added about 300,000 quality overseas properties to its listings.

The company set up a small team in Japan in 2016. It also teamed u

p with Rakuten Lifull Stay, an e-commerce company in Japan in 2017, with an aim to boo

st its presence in Japan to take advantage of the 2020 Tokyo Summer Olympics.

According to a report by the State Information Center, the market for home-sharing services is expanding rapi

dly in China, with the sector’s revenue expected to reach 50 billion yuan ($7.4 billion) by 2020.

“The short-term home rentals and homestay services are wide-rangi

ng now to satisfy the needs of various kinds of tourists. Typically, customers hire such servi

ces for get-togethers, reunions, team-building activities and to improve parent-child bon

ding and communication,” said Lai Zhen, an analyst at market research firm iResearch.

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