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But in March, Toyota Motor Corp announced that it will build a new electric vehicle plant in Tianjin and Starbucks pledged to invest 0 million to construct a roasting facility in Kunshan, Jiangsu province. Zhang said China's comprehensive advantages based on efficiency, labor quality, resources and digital and physical infrastructure will continue to attract investment from global companies over the long term.

But Zhu Wei, an associate law professor at China University of Political Science and Law, said more needs to be done to fight online threats.

But it would seem more is at play here, including a shift by consumers to what’s perceived as much more convenient online services. The Journal notes that Redbox’s attempt to tap into that market through an online service known as Redbox Instant is struggling to keep up with rivals, such as Netflix and Amazon Prime Video.

But conditions remain volatile and the Fed may not offer detailed policies until the economy regains its footing. Instead, many analysts expect the Fed to issue a broad statement of principle and to reaffirm its intention to support markets to keep the economy working.

But elected officials representing Queens, along with labor leaders and activists vowed to resist the project and criticized the lack of transparency in the bidding process.