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In search for enhanced yield and diversification, "Chinese fixed income allocations are set to grow as investors look through trade and geo-political issues," said the briefing.

In spite of some similarities, the US video platform differs to TikTok, owned by the Chinese company Bytedance, in key areas.

In stark contrast to the shabby brick-tile houses of poverty-stricken villagers, large single-family homes, often two to four stories tall, are everywhere in the village. Many homes are bigger than 500 square meters. However, most of the houses in the village had their doors locked during the entire period I was there.

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In response to the impact on economic and social development brought by the pandemic, the procuratorial organs also issued 11 guidelines to ensure the stability in six fronts including employment, finance and foreign trade, and ensuring the security in six areas such as job, basic living needs, and operations of market entities.

In recent years, the People's Bank of China (PBOC), or the central bank, has rolled out policies guiding banks to extend more loans to small and micro businesses, said Xu Nuojin, head of PBOC's Zhengzhou branch.

In recent months, he has given interviews to national and local media, describing how the pandemic has pushed rural healthcare to the limits.

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In recent years, China's entity bookstores are transforming into cultural spaces amid competition from booming e-commerce platforms which often offers cheaper prices.

In supporting the Belt and Road Initiative, Citi acted as the only external global coordinator on Bank of China's Belt and Road bond issuance three times across all tranches, having raised billion in total from international markets.

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In recent years, some cases of excessive and unnecessary lighting projects and other "vanity projects" have been found in poor areas, which are a waste of national fiscal and social resources, the circular said.

In recent years, China has promoted the development of its economic strength and technological advantages to a new level. With an optimized industrial structure, an enhanced economic resilience and a broader space for macroeconomic policies, China is not afraid of engaging in a trade war.