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As China's economy continues its recovery, the automobile industry witnessed sales growth for three consecutive months, Securities Times reported on Tuesday.

Apple is reportedly considering plans to scrap its surcharge on in-app tips. If confirmed, it would put an end to the company's 30 percent cut of each user donation, reports thepaper.cn.

Apple, Facebook, and Twitter all moderately scaled back their M&A activity. In the last five years, Apple has made 44 acquisitions — a small number compared to Google’s 113 over that same period. However, its acquisitions have been some of the most varied, with deals in a variety of sectors including?LearnSprout?(education technology),?Mapsense?(location services),?Emotient?(facial tracking), and?PrimeSense?(semiconductors). In 2015, Apple dropped down from 12 to 11 acquisitions, and has shown?decreases in M&As in each of the past three years.

As Hong Kong seeks to not be a bystander in the creation of a large stage, the city is betting big on an even larger stage to reassert its vital role on a national level as a flag bearer of free trade and investment flows.

As Bosch has invested 48.5 billion yuan in China's manufacturing and innovation sectors over the past decade, he said the company will make every effort to ensure sustained and stable supplies to meet increasing demand from the Chinese market as the company seeks to tap into development opportunities and spur its future growth in China.