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As she explained, the flexible business mode of shared office spaces is full of opportunity in China, especially as the innovative working model meets the needs of emerging startup companies, innovative enterprises and businesses. Much of the existing available office and commercial space across the mainland can be turned into shared office space.

As profitability improved, the company's share price surged more than 105 percent in 2017 and more than 10 percent so far this year.

As some Republicans grumbled that Trump caved, McConnell lashed out at Democrats for failing to give Trump any of the billion that he wanted for the wall. The bill keeps funding at current levels, .3 billion, for border security and fencing, but not for the wall.

As the world's second-largest economy, China is in the process of a major economic transformation, shifting its focus from speed to quality. Slower GDP growth is now considered more tolerable, while other factors are being given greater importance, including employment, the environment and industrial restructuring.

As the bank's third branch in southwestern China following its operations in Chongqing and Chengdu, the Kunming branch will use the advantage of its location in Yunnan province as a strategic node of the Belt and Road Initiative to serve Chinese companies that have a strong need to invest in Southeast Asia, by tapping into UOB Group's regional network and resources and exploring innovative financial products, said Christine Ip, UOB's chief executive officer for the Chinese mainland, Hong Kong and Taiwan.