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Brayden King, professor at Northwestern University's Kellogg School of Management, said boycotts receiving intense media coverage can damage a company's reputation.

Both sides "had productive exchange of views on ways to strengthen cooperation in areas such as marine environmental protection, fisheries, marine scientific research, and oil and gas, without prejudice to their respective positions on sovereignty, sovereign rights, and jurisdiction."

Building on efforts in the first five months of this year, including reserve requirement ratio (RRR) cuts and issuing re-lending and re-discount loans that had lowered overall financing costs for companies, China will encourage the financial sector to extend greater support to companies of all types.

Both sides have agreed to invest more than 300 million yuan (.48 million) to build a biomedical professional incubation and industrialization area with a floor space of 53,600 square meters in three years.

Brad Chase: Strategy is your plan to compete. And your plan to compete is all about making bets. We all make bets every day. Strategy is about making those bets in order to compete effectively. Any strategy is comprised of three key components. The first is customer value, the second is market potential, and the third is execution, how you run the business every day.