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China also assembles and then exports a lot of phones, computers and other gadgets to the US. But, most of the profits and wages go to Japanese or South Korean component producers or US-based designers. For example, China makes less than from each iPhone. The total price of a phone is ridiculously counted as a Chinese export to the US.
China Zheshang Bank Co Ltd, a commercial lender headquartered in Hangzhou, Zhejiang province, issued a 500,000 yuan (,687) loan to Junkai Food without asking for a collateral, based on trust and credibility built through their cooperation in the past.

China and US have agreed in the past two weeks to cancel the additional tariffs in different phases, said Gao Feng, spokesman at the Ministry of Commerce on Thursday.
China and the United States have agreed to hold talks "in the coming days" on economic and trade issues, Ministry of Commerce spokesman Gao Feng said on Thursday, after reports that planned high-level talks on their phase-one trade deal had been postponed.
China Three Gorges Corp announces the commencement of 25 new energy projects at a video conference in Beijing on Monday. [Photo/Xinhua]
来源:资阳报