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Its efforts seek to develop robust dispute resolution mechanisms and to create a diverse intellectual environment from which the AIIB can take away useful lessons.

Izzue Market in Island Beverley [Photo provided to China Daily]

It's taken me years to get there. Nowadays, I'm able to mercilessly butcher concert hall staples like Chopin etudes and Rachmaninoff preludes.

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It's a nefarious side effect of the hobby's swelling popularity in the Philippines, where there are now at least 300 clubs with thousands of members.

Italian luxury outerwear brand Moncler SpA, whose prices range from ,000 to ,000, for instance, has continued its global sales growth, powered in part by China. In the full year to March 31, total revenue climbed 16 percent to 2.7 million compared with 1 million in 2016.

It's encouraging to see this development has taken place. The Chinese authorities know exactly what is needed to encourage market development.

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Its return on weighted average equity increased by 79 basis points year-on-year to 13.1 percent, and the return on average total assets rose 5 basis points to 0.62 percent.

Its president Stefan Oelrich said the company has a particular position of strength in China that is linked to its extensive history in the country, and is looking to further sustain and strengthen its position in the nation through strong innovation and digitalization.

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JD Logistics is currently 100 percent owned by JD.com. It is not clear when and where the IPO process will be undertaken.

JD.com Inc is planning to use the event as a cornerstone of its 12-day global shopping festival.