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In an interview with China Daily, Dominik Peschel, head of the economics unit at the ADB office in Beijing, noted that the interest rate on the 10-year Chinese sovereign bonds initially declined. Also, "if you look at the 3-month Shanghai Interbank Offered Rate (SHIBOR), it has continued to fall. This basically signals that the banks expect further monetary loosening and cheap financing. They expect that they can get money at a cheap rate. It also shows the trust in the promise by the People's Bank of China to keep the interbank market liquid. Banks only behave like that if they can be sure that there is enough liquidity," he said.

In doing so, they saved quite a bit because the prices were lower than those in the traditional market.

In addition, the lingering possibility of US interest rate hikes may press the central bank to raise rates of open market operations, which will further weigh on liquidity, said Huang Wentao, an analyst with China Securities.

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In comments from a church in the city on Thursday, Biden said he had spoken via phone to Blake.

In early June, China eased restrictions on international passenger flights contingent on epidemic risks being under control. Authorities highlighted the "reward and circuit breaker mechanism" for carriers to increase or have flights suspended in accordance with the companies' epidemic control work.

In another survey this year in 11 Asian countries, 76.7 percent of the respondents found that the BRI could bring more development opportunities to Asia.

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In an address from the state capital of Lansing late Thursday afternoon following the arrests, she said that she "never could have imagined anything like this".

In comparison, the price of its rival iPhone X on e-commerce websites was roughly similar or even lower than its official price tag.

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In an open letter to Hong Kong people, Secretary for Labour and Welfare Law Chi-kwong identified stopping loss of jobs as the most pressing task for the government at present.

In comparison, the price of its rival iPhone X on e-commerce websites was roughly similar or even lower than its official price tag.