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"From September, the scope will be widened and lengthened; more contemporary history will be taught. The curriculum will become more selective, with a focus on major historical events, while some dynasties may be skipped," Yeung added.

"For two years, I have offered that Schultz will seek the 2020 Democratic presidential nomination ... I still believe so," said Douglas Kass, founder of hedge fund Seabreeze Partners Management Inc, who has a short position on Starbucks, expecting the shares to decline.

"Fiscal stimulus measures that have facilitated China's (second quarter) rebound on the production side are reflected in the strong pickup in industrial production and fixed-asset investment," according to a Moody's research note.

"Foreign enterprises want a good price (through technology transfers) in forming joint-venture enterprises with their Chinese partners. It's voluntary."

"Had it not been for a sluggish initial response from the Trump administration and a president, in my opinion, putting political considerations over public health, we could have done much more to mitigate the destructive impact of COVID-19," Pallone said.