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The banking sector in Hong Kong has a 150 percent liquidity coverage ratio and 20.6 percent capital adequacy ratio, which are higher than international standards. The banks also saw a 2.4 percent increase of deposits from the beginning of this year while nonperforming loan ratio stood at a low level of 0.56 percent, according to the HKMA.

The bilateral trade balance may be misleading because it does not capture the sales of goods and services by foreign firms' local subsidiaries, Zhang said. Countries such as Japan and South Korea have large businesses in China that export to the US.

The benchmark Shanghai Composite Index edged up 2.74 percent, closing at 2,779.37.

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The bill would require background checks for all gun sales and most gun transfers. Federally licensed gun sellers are required to run background checks on people who buy guns, but private sellers who aren't federally licensed are not.

The bank is focused on its work "to ensure high standards in everything that we do: high standards of governance, high standards of environmental and social management and high standards of project development," the AIIB vice president said.

The author is a senior writer with China Daily.

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The barrister stressed that the original intent of Article 23 of the Basic Law is for Hong Kong to safeguard national security by way of local legislation. The abeyance of Article 23 goes against that mission, he explained.

The banquets saved Hu a lot of money and were highly praised by the guests.

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The authorities have set aside 50 million yuan (.2 million) in subsidies for 151 bookstores to support their development, the Beijing Municipal Bureau of Press, Radio, Film and Television announced on Oct 29. In the past two years, 36 million yuan has been invested to help operations at 140 bookstores, according to the bureau.

The banking system reports a sufficient level of liquidity at present, the People's Bank of China said in a statement.