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Pharmaceutical multinational corporations are confident of the resilience of China's healthcare ecosystem and its ability to win the fight against the COVID-19 epidemic, said Asgar Rangoonwala, chairman of the Executive Committee of the Research & Development-based Pharmaceutical Association Committee (RDPAC) under the China Association of Enterprises with Foreign Investment.
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Starbucks Coffee Company has opened 90 percent of its stores in China, although under modified hours and conditions.
EHang Holdings Limited, the world's leading autonomous aerial vehicle technology platform company, obtained operational permits for its two-seater passenger-grade AAV, the EHang 216, from the Civil Aviation Authority of Norway, according to the company source on Friday.
Online office and education tools are gaining strong momentum in China, as people stay at home to engage in remote work and online education amid the novel coronavirus outbreak.
The stock market rebounded Wednesday after former vice-president Joe Biden scored major primary election victories on Super Tuesday, sparking a rally in healthcare stocks and suggesting Democrats may be more likely to nominate a business-friendly candidate than a socialist to challenge President Donald Trump in the fall campaign.
China is considering the option of increasing fixed-asset spending, especially for infrastructure construction, to offset the economic slowdown due to the novel coronavirus outbreak, experts close to the matter said on Friday.
SourceGlobaltimes, Xinhuanet, Chinadaily, Shine, GdtodayChina Plus News
Author: Producer Emilio Mendez
Speaker: Caroline Parraguez
Edition: EAcham
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