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Currencies of China and the United States. [Photo/Sipa]

Cutts, the CTA's director of business intelligence and research, noted that the proposed tariffs don't apply just to finished TVs, but also to many of the sub-assemblies and printed circuit boards that go into TVs.

Currency controls to end if market can 'overcome some challenges' Despite expectations of a weakening yuan this year, a former senior official believes the Chinese currency should not see major fluctuations, and could become free-floating relatively soon, probably in less than three years.

Crude oil output in the nation rose to 95.39 million metric tons during the first half, up 0.8 percent year-on-year, said Li Fulong, head of the development and planning office of the National Energy Administration.

Cuisines for the luncheon were prepared by chefs from the Ningxia Hui autonomous region, and international award-winning wines produced in the eastern foothills of the Helan Mountains in the Northwest China region were featured.