Household debts have uneven pressures on different families. Once low-income families are in debt, their burden is heavier than that of others. However, it is indeed some low-and middle-income industries that have been affected most by the coronavirus outbreak.
However, if people make false reports, they would be punished according to the country's regulations and laws.
However, Wang noted the government will try to strike a delicate balance between deleveraging and stabilizing growth by constantly adjusting the pace and magnitude of supervisory tightening according to economic development.
Hong said the cut, which goes into effect in 2018, is a structural adjustment that does not change the country's overall monetary policy stance, but it will offer additional liquidity, roughly 300 billion yuan (.3 billion) to 400 billion yuan, which will be good news for stocks.
However, deducting the Spring Festival factor, China's foreign trade rose 3.9 percent year-on-year in February, with exports increasing 1.5 percent and imports rising 6.5 percent, respectively, in US dollar-denominated terms.
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Hours before Trump's statement, Iran's foreign ministry ruled out the possibility of negotiations with the US government over the enduring bilateral problems.
Hou Xiaojuan, the first female member of the paragliding team at Shenyang Aerospace University, says that she has been in the team for about two years.
Hou stressed that NEVs require a higher standard of LED lighting because of energy consumption.
However, a majority of the 31 economists recently polled by Bloomberg expect that Fed officials won't allow the 2020 presidential election to sway their monetary policy decisions and will keep rates on hold for the next two years.