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As The Times points out, Microsoft and Boeing take much more of a hands-on approach to philanthropy. The reason for Amazon’s lack of involvement is an overall libertarian philosophy, one that’s rooted deeply in the company’s value system and driven by founder Jeff Bezos, notes The Times. That doesn’t always sit well in Seattle, a community that leans left and likes to think of itself as very much community-oriented.

As a result, nonperforming loan ratios of local banks in these regions may increase. Furthermore, a decline in the banks' asset quality may lead to a fall in their loan loss provision coverage ratios and even capital adequacy ratios, said Lu in an article posted on his WeChat official account.

As decarbonization of the energy systems is a challenge that every country must face, SPIC signed a cooperation deal late last year with Germany's Siemens Energy to develop green hydrogen technologies and comprehensive utilization, to leverage the complementary advantages of both parties.

As businessman Trump rose to become the Republican Party nominee in the 2016 presidential election, his brash style and outspoken views on immigration and other policies led to mass protests, including on the weekend of his inauguration in January.

As US business interests in China are much larger than what is shown by trade data, a looming trade war between the two countries would put US business interests at risk. [Photo/VCG]