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As the results of the action plan, China will allow imports of US beef and the United States will import poultry from China. Most of the agreements are expected to be implemented by July 16.

As we reported yesterday, one analyst was estimating the company to?record about 50 billion yuan (.17 billion), a 40 percent increase from last year, and another more bullish analyst was estimating that sales could top?60 billion yuan (.8 billion).?Last year, Alibaba Group’s websites Taobao Marketplace and Tmall.com processed more than .8 billion in sales during the 24-hour period, which is roughly one-third more sales volume in a single day than the three biggest U.S. shopping days combined.

As we reported yesterday, one analyst was estimating the company to?record about 50 billion yuan (.17 billion), a 40 percent increase from last year, and another more bullish analyst was estimating that sales could top?60 billion yuan (.8 billion).?Last year, Alibaba Group’s websites Taobao Marketplace and Tmall.com processed more than .8 billion in sales during the 24-hour period, which is roughly one-third more sales volume in a single day than the three biggest U.S. shopping days combined.

As to the paid advertisements placed in US newspapers, Cui said Chinese media are just learning from American media, to use all means to buy commercial pages in newspapers to make their views known or to cover what is happening here.

As the outlook for nearly 60 percent of companies remained positive for the year ahead, 39 percent of the A-share market listed companies disclosed a negative forecast. Danhua Chemical Technology, Harbin ZhongFei New Technology, Zhejiang Sunriver Culture and 91 other companies were estimated to swing to a net profit drop in 2019, down over 1,000 percent year-on-year.