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Commercial banks in the country, which provide foreign exchange loans to the nonfinancial private sector, must evaluate the borrowers' foreign exchange risks and their hedging capabilities, according to an official of the State Administration of Foreign Exchange (SAFE), the country's foreign exchange regulator.

Coca-Cola remained the top worldwide brand, valued at billion. That was followed by IBM, which saw its brand value increase eight percent to billion. Others in the top 10 included Google, GE, McDonald’s, Intel, Disney and H-P.

Compared with streetcars, which need to run on tracks, the ART runs on rubber tires along white-dotted lines on the test ground. It is controlled by signals wireless transmitted through sensors, assuring its safety, priority and speed.

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Coastal provinces in East and South China recorded robust economic growth in the first half of the year, despite escalations in trade tensions, according to the National Bureau of Statistics.