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"Even if my factories get eliminated (as part of the area development), internet-led businesses might be welcome, because cables will be still needed in the development of Xiongan," he said. "They will be needed in buildings and transportation facilities such as subway train systems," Xu said.

"Despite her lack of vision, she had the biggest heart and the most positive attitude towards life. However, she never experienced love, a boyfriend or a relationship," Li said of her friend, who died before turning 24. "Love was what she was missing most in her short life."

"Downside risks brought by external challenges will put pressure on both the monetary and fiscal policy fronts," Ma Jun, a People's Bank of China adviser, told China Daily.

"Economies in Europe have been affected to varying degrees by the pandemic, for instance.

"Everything went crazy at that point," Cox said, expressing sympathy for employees. "It's just hard to believe what happened here, but it seems like it's happening everywhere."