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The Shanghai Stock Exchange ranked at the top among global bourses in terms of IPO deals in 2020, driven by the country's reform of a registration-based IPO issuance system, according to a report issued by EY on Monday.

The TV media especially — the self-appointed hall monitors of the pandemic — are prone to gasping about college kids on spring break not socially distancing. Then there are the ersatz medical experts at Twitter and Facebook deciding what people can watch and read about the virus, even when those making some of the claims are medical doctors.

The Treasury report, titled Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States, said China has an “extremely large and persistent” bilateral trade surplus with the US, with goods trade surplus standing at 5 billion in 2017. But it noted that China runs trade deficit with many other economies.

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The State Council executive meeting chaired by Premier Li Keqiang decided on several measures on Monday to improve procedures to benefit people and businesses.

The State Council Leading Group Office of Poverty Alleviation and Development said on Wednesday that another 85 counties have been officially taken off the country's list of impoverished areas, marking further steps toward eradicating poverty by 2020.

The Trump administration's threat to impose extra tariffs on crude drugs manufactured in China will ultimately harm the interests of the American people, who will have to pay more for the final products made by local firms in the United States, said a leading industry analyst.

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The Supreme People's Court issued two guidelines on the creation of the business environment by rule of law on Thursday to effectively solve a rise of bankruptcy disputes and efficiently conclude civil cases.

The Silk Road NGO Cooperation Network, which was established in 2017 especially to connect with BRI participants, has attracted 310 groups worldwide so far. More than half the members are from outside China, it said.

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The Trump administration is using the so-called Section 232 of the Trade Expansion Act from 1962, a decades-old law, to slap tariffs on imported steel and aluminum products on the ground of national security, which has drawn strong opposition from the domestic business community and US trading partners.

The Shanghai Stock Exchange said in a statement that the asset-backed securities issue is a key step in leveraging the supply chain finance requirements of the ride-hailing company.