RIO DE JANEIRO -- The China International Import Expo (CIIE), the world's first import-themed national-level expo, offers new opportunities to global business and helps boost the world economy by promoting international trade, an export director of South America's largest meat producer has said.

As the third CIIE draws near, Minerva Foods, a Brazil-headquartered leading beef producer and exporter, hopes to drum up more business and continue to expand its sales in the fast-growing Chinese market, Celia Sampaio, a director responsible for the multinational's beef exports, said in a recent interview with Xinhua.

"Without a doubt, the fair plays a positive role for the world economy" as it promotes global trade, Sampaio said.

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NEW DELHI -- The Chinese Embassy in India on Tuesday urged the United States to "respect facts and truth, abandon the Cold War and the zero-sum mentality, stop hyping up the so-called 'China threat,' and stop the wrong actions that undermine regional peace and stability."

The statement was issued against U.S. Secretary of State Mike Pompeo and Secretary of Defense Mark Esper for openly attacking China during their visit to India to attend the India-U.S. 2+2 Ministerial Dialogue.

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NEW YORK -- New York City's economic development strategy once made it thrive, but now drags its recovery from the COVID-19 pandemic behind the rest of the country's, as more than 1 million residents are out of work, and the unemployment rate is nearly double the national average, reported The New York Times on Tuesday.

The city had tried to insulate itself from major downturns by shifting from tying its fortunes to the rise and fall of Wall Street. A thriving tech sector, a booming real estate industry and waves of international tourists had helped Broadway, hotels and restaurants prosper, said the paper. Enditem

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