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As a response, Qingdao Haier Co Ltd, the listed arm of Haier Group Corp, announced Friday the company is studying the feasibility of issuing D shares, did not hire any professional institute to deal with the issuance and there is no internal decision about it.

As a latecomer to the June 18 festival, Alibaba prolonged its promotions from a 24-hour extravaganza (like in the case of Nov 11) to a 20-day long campaign. The cash-flush company said it has allocated "tens of billions of yuan" to subsidize consumers when they purchase goods from 10,000 brands at home and abroad.

As Washington increasingly ramped up rivalry policies against Beijing, Paul Kennedy, the author of the 1987 epic book "The Rise and Fall of the Great Powers," highlighted the value of patience and mutual understanding for more productive bilateral ties.

As enterprises falter in meeting their expenditures amid crumbling revenues, they face an array of possible legal action from creditors, such as their own employees, landlords, customers and other associated parties. Lawsuits, including bankruptcy and insolvency proceedings, would ensue if the legal challenges are not handled properly.

As a latest response to US restrictions on Huawei, Foreign Ministry spokesman Lu Kang said on Thursday that the US has been "racking its brains" to make up various topics and mislead the public to suppress Huawei.