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The data also showed that average overtime pay in July was NT,760, 5.73 percent less than the previous month and 4.61 percent less than last July.

The data also showed that China last year exported .53 billion of toys to the markets of countries participating in the Belt and Road Initiative, up 34.4 percent year-on-year and accounting for 24.2 percent of the total exports.

The deal announced Tuesday follows the New York handbag maker's .35 billion acquisition last year of the shoemaker Jimmy Choo.

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The court filed 41,948 internet-related cases from January to November, of which, about 28 percent were related to reputation infringement.

The country's major enterprises have achieved great business growth in the past several years. This is illustrated by the number of Chinese companies on the 2017 Fortune Global 500 list, which increased to 115. That was second only to the United States.

The country's policy makers have reiterated that "houses are for living in, not for speculation" and have demonstrated their will to keep a lid on housing prices.

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The country's grocery landscape has entered "the age of empires", represented by Alibaba Group Holding Ltd and an alliance between Tencent Holdings Ltd and Alibaba's primary e-commerce rival JD.com Inc, according to findings released by consultancy Oliver Wyman in May.

The deal comes at a time when the Chinese e-commerce powerhouse says it will grow more conservatively and instituted a hiring freeze. It also has talked up its U.S. strategy, with Alibaba’s Founder and executive chairman Jack Ma coming to the U.S. just two weeks ago to deliver the message in person.

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The country's four biggest commercial banks all posted faster profit growth in H1, attributed to improved services and strengthened risk control.

The court said it would work with more telecom operators to further enforce the measure.