Robin Xing, chief China economist at Morgan Stanley, said Beijing could soon approve special central government bonds and raise local governments' special bond front-loading quota to support growth. He estimated the total amount of government bond financing could be 4.3 trillion yuan higher than last year.
Richard Cullen, a law professor at the University of Hong Kong, said people will react calmly when they see how the new law is implemented and enforced.
Rhode Island is setting up field hospitals to handle COVID-19 patients. New York may call on retired doctors and nurses for help. In Reno, Nevada, a medical center began moving some coronavirus patients into its parking garage. West Virginia and Pennsylvania are looking at delaying elective surgeries as virus numbers surge.
Reuters reported earlier this month that Saudi Aramco's board would meet in Shanghai in May, its first meeting in China in seven years, as Chinese and Asian investors eye the share offering from the world's biggest oil exporter.
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Rice said actions to tackle climate change now are critical for the long-term viability of the tourism industry, one of Australia's most valuable and fastest-growing industry sectors and its second most valuable export earner after iron ore.
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Reuters quoted Madrona Venture Group’s Scott Jacobson, who noted that the deal could be appealing for Amazon as it doesn’t have much infrastructure in the Middle East — contrary to India, where the tech giant is rapidly expanding.?Jacobson also said mobile device penetration is high in the?Middle East.
Ruan said he is not pessimistic about future relations between Beijing and Washington. He said he expects that the two countries will reach an agreement about their trade disputes as long as negotiations are based on equality, mutual respect and, particularly, both sides taking into account each other's major concerns.
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Reverse repos worth 100 billion yuan matured Friday.