Too much liquidity or a much lower interest rate level might lead to speculative activities and increase financial risks, Guo added.
Toronto is one of the rare major cities in North America, along with San Francisco, to have maintained major tramway networks. Lines still exist in a handful of cities including Cleveland and New Orleans.
Togtonbayar, a saddler from Horqin Left Wing Rear Banner in Tongliao city, has been engaged in saddle-making for at least 40 years.
Tongtong (left) [Photo by Ding Luyang/China Daily]
Tony Imbrenda, public information officer for the Los Angeles County Fire Department, told China Daily on Sunday that the victims of the crash have yet to be identified.
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Travel is a buzzword for the Lunar New Year holiday, or Spring Festival, and Chinese travelers are zealous about spending the time at tourist attractions rather than staying home, travel agencies said.
Together with its subsidiaries Audi and Porsche, Volkswagen also showcased its electrification strategy at the expo.
Tourists take photos with the skyline in the background on a Kowloon promenade that runs along Victoria Harbour in Hong Kong on Sept 26, 2017. [Photo/VCG]
Tourists pose for a group selfie in front of the Temple of Heaven during the National Day and Mid-Autumn Festival holiday in Beijing, on Oct 4, 2020. [Photo/Xinhua]