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Richard Martin, managing director of IMA Asia, the influential peer group forum for regional CEOs, said attempting to cut China out of supply chains is destined to fail and will also result in rising costs.

Rowlands-Rees said that Chinese firms were eager to improve investor relations and suggested they should elevate understanding of the mindset of global investors and do more than relationship-oriented activities to attract them.

Rifa is allowed to convert this alternative of a bill receivable into cash or make a payment with it, with no need to worry about payment defaults by its downstream enterprises.

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Retail sales of cars, SUVs and multipurpose vehicles fell 5.4 percent to 1.6 million units in July, the China Passenger Car Association said.

Results show measures to curb speculation are having an effect The growth of home prices in 15 key cities, including first-tier cities and provincial capitals, cooled in August as city-specific measures curbing speculation continue to have an effect, National Bureau of Statistics officials said on Monday.

Rosemary Gallagher of the Scotch Whisky Association, said demand for Whisky from China increased by 45 percent in the first six months. The cut in tariffs will give another boost to Scotch and should encourage the premium Scotch whisky market to expand.

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Risk control will have greater significance, the China Securities Regulatory Commission (CSRC) said Wednesday in a statement, and announced comprehensive scrutiny over risk points in the capital market.

Roach said China's high saving offers an effective "insurance policy" that reflects a very high priority on "financial stability."

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Ruan Jianhong, head of PBOC's statistics and analysis department, said the financial data suggest a "reasonable" growth rate of money supply and aggregate financing that is not "too fast". However, the macro leverage level, or the debt-to-GDP ratio, might have increased because of the counter measures to mitigate the impact of the COVID-19 pandemic.

Results reported last week from Apple, Microsoft and Google show they also benefited, to varying degrees, from their efforts to expand beyond their traditional businesses and further into cloud infrastructure and subscription services in recent years.