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Daniel Ikenson, a senior fellow at the Cato Institute, said on Thursday that trade restrictions could hurt US producers by exposing them to competitions from foreign rivals with lower production costs capable of offering lower prices in the US market.
Data shows that the electricity consumption of 28 industries in 31 categories of the manufacturing industry increased, with emerging industries maintained a rapid growth momentum.
Declining costs contributed to the better performance by the company. Ctrip spent 2.1 billion yuan in sales and marketing in the second quarter, accounting for 24 percent of the revenue. That was lower on both a quarter-on-quarter and year-on-year basis, its report said.
David Eddings
Dai Bing, ambassador and deputy representative of China to the UN, criticized the US without naming it on Friday by saying that one member state, with full capacity to pay, "still withholds its assessed contributions and leverages them to serve its political agenda, pressing the UN and shifting financial burdens to other member states".
来源：资阳报