The bank will issue 200 million and set a limit for each person to buy 20 through reservation.
The author is the Ralph and Claire Landau Professor of Economics at The Chinese University of Hong Kong. The views do not necessarily reflect those of China Daily.
The average year-on-year CPI growth for the January-July period stood at 2 percent, according to the NBS.
The average price of a gallon of self-serve regular gasoline is .48 in Los Angeles County and .44 in Orange County. Both of them are the highest since December and the 4-cent overnight spike is the biggest since February 2016.
The association, based in Beijing, was officially set up on May 11. A total of 107 institutions from five continents are founding members.
The bill is a clear case of opportunism on behalf of those in the US Congress who seek to further a geopolitical agenda against China and divide the country. There is little emphasis on human rights and democracy in the bill. Instead, it strives to force Hong Kong to comply with a number of US foreign policy objectives, including on third party matters, at the threat of its special status. The act may be described as a Trojan horse that seeks to set the city against the Chinese mainland.
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The bank's NPL ratio has fallen for 12 consecutive quarters and fell to 1.43 percent by the end of 2019, down 0.09 percentage point from the level seen in 2018.
The ban, the first of such in the country, took effect on Friday.
The association expects 1 million new energy vehicles to be sold this year.
The audit system will start operation officially from March 18, by which date it will deal with applications for the new board. [Photo/VCG]