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Artificial intelligence may increase the stress on US-China relations, but there is a bigger picture that should not be ignored: potential opportunities for cooperation, as both countries are navigating the frontier of technology, a senior researcher said on Tuesday.

As Chinese property developers are flocking to issue offshore bonds, the nation's top regulator has stepped up efforts to prevent financial risks and stabilize the real estate sector, said experts.

As Jawa further explained, locating the first advanced production base of this kind in China can be largely attributed to the technology maturity in the country, especially in the development of smart factories.

Apple closed stores during the outbreak to curb the spread of COVID-19, but reopened by mid-March. Sales rebounded and took off in April, thanks in part to a cheaper iPhone.

Apple said production of the iPhone is resuming, but return to pre-outbreak levels will be slower than anticipated. Apple and the US stock market took a hit Tuesday, but rebounded Wednesday.