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As usual in April, farmers are preparing to plant their soybean and corn crops. Faced with a potential tit-for-tat trade war between the US and China, the only sure thing for farmers is uncertainty. Soybean is Iowa's second main crop behind corn. China was the United States' largest buyer of soybeans last year: .3 billion, according to the Department of Agriculture. If China's threat of a 25% tariff on soybeans is implemented in retaliation for President Trump's proposed tariffs on Chinese goods, it would be a harsh blow for farmers and the state's economy.

As the basis for autonomous driving, China's 5G technology, with the advantages of large bandwidth, ultra-low delay and large-scale connection, has accelerated its development this year.

As the fourth batch of inspections by the Work Safety Committee of the State Council, the groups went to Inner Mongolia and Tibet autonomous regions; Shanghai municipality; provinces of Gansu, Hainan, Hubei and Qinghai; and Xinjiang Production and Construction Corps.

As the US dollar index sharply rose to 103 on March 20 from 94.6 on March 9, the RMB depreciated against the greenback by 2.4 percent. "The RMB performed the best among major currencies (amid the market turmoil)," said Zhu, compared with the 6.3 percent drop by the euro and a 12 percent decline by sterling against the US dollar.

As the BRI continues to expand in scope, so do concerns over financial challenges, as China has issued infrastructural loans to some poor developing countries that are heavily in debt, creating potential for debt-sustainability problems for these nations.