Rather than adopting large-scale stimulus, China has been intensifying efforts to shift the economy towards consumption, services and innovation.
Recent figures from China, including a better-than-expected trade performance, have made the country consider shifting its policy focus from short-term pressures to long-term economic resilience, the report said. The central bank of China also highlighted the drawbacks in adopting very low internet rates, and pledged more efforts to steer the monetary policy toward economic restructuring.
Qureshi strongly disputed the claim over the aid cancellation, insisting that it was the money Pakistan has spent on the war on terror from own resources and it should be reimbursed by Washington from the Coalition Support Funds (CSF).
Referring to the zero fatalities in Vietnam, Thwaites said one of the major reasons for this was that a large proportion of patients were young so they tended to be less vulnerable to COVID-19 than the elderly, or those with other disease such as diabetes and hypertension.
Real gross domestic product (GDP) is expected to grow at an annual rate of 2.6 percent this year, before moderating to 1.9 percent in 2020, the IMF said in a concluding statement that describes the preliminary findings of its annual Article IV consultation to review the US economy.
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Recently, the Beijing Administration for Industry and Commerce busted 33 fake bakeries in the city that failed to provide a valid trademark or authorization, but the battle is intensifying.
Recent cases have indicated that unregulated civilian drones could pose a threat to the safety of civil aviation.
Rasmussen visited China in 2010 during his previous term as Danish prime minister. His current term started since June 2015.
Rachel, a 550-pound bronze-cast piggy bank, was created by Georgia Gerber, a sculptor from Whidbey Island, Washington. Rachel was named after a 750-pound pig that won the 1985 Island County Fair.