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The author is managing director and chief economist of Morgan Stanley Huaxin Securities.

The association also warned it expects significant declines in China's automotive production and sales levels in February due to the coronavirus outbreak.

The bank issued the first green financial bond in the China interbank bond market in 2016.

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The bank promoted business development through the adoption of new technologies, building a service system that placed mobile banking and smart teller machines at its core, said Liu Qiuwan, chief information officer of BOC, at a news conference on Friday.

The big money being poured overseas came under increased scrutiny this year, with stricter examinations on the authenticity of investments and capital sources.

The bank has also approved three new members - Argentina, Madagascar and Tonga during the annual meeting, bringing the total membership to 80.

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The big increases speak to the rapid development of international trade, Li said.

The author is the CEO of Columbia China League Business Advisory Co.

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The avalanche hit the troopers in Namgia region of Kinnaur district, about 292 km northeast of Shimla, the capital of Himachal Pradesh.

The band announcement set the 5G starting gun go off, as a source from a communication equipment supplier told Caixin magazine that leading 5G development without assured frequency bands may run on the wrong track.