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As developed countries' economies slowdown, the private wealth growth of the UK, Germany, France and Italy will slacken to 10 percent in the next 10 years, and growth will be a little higher in North America, the report said.

As Tesla accelerates its shift to electric cars, Hyundai Motor's loyal suppliers have increasingly turned to "outsiders" for parts.

As expected, Christensen pleaded not guilty in his third appearance in less than three weeks in US Magistrate Judge Eric Long's crowded courtroom.

As a result of the abundant supply and market corrections, the estimated value of the convertible bond market is at historically low levels, analysts said. So far, 10 of the 35 subsisting convertible bonds have fallen below their issue price, and investors' enthusiasm for participation in the market is cooling off.

As a Lao saying goes, one piece of firewood does not make high flames, and a single wood stick does not make a fence. The Chinese believe that people, if united, are as strong as a fortress, and flame runs high if everyone adds wood to it. I am convinced that as long as our two countries trust each other and work together, we will create an even better future for our bilateral relations.