Lu Ting, chief economist in China at Nomura Securities, said, "Beijing is likely to continue its 'wait and see' approach, by neither stepping up nor rolling back its existing policy easing measures."
Lu Ting, chief China economist at Nomura Securities, said that the government might encourage banks to provide more loans in the coming months, especially to invest in key infrastructure construction projects.
Low interest rates are intended to encourage investment, consumer spending and house buying to spur the economy as it shakes off the government-imposed COVID-19 shutdown.
Lunchtime is the rush hour for food deliveries and "lunch for one" is the most common choice. Cooperating with Ele.me, Pizza Hut changed its menu for solo diners. The 9-inch pizza once was the smallest pizza, but the 6-inch edible disc is the novelty now. Harvest Festival, a Chinese catering company, has also benefited from solo diners. Data from Ele.me shows sales of Harvest Festival on Ele.me rose by 63.1 percent in January after it rolled meals for one. On social networks like Weibo, many solo diners note that solitude should not be confused with loneliness.
Lu said China resolutely opposes any form of official exchanges and military links between the US and Taiwan, urging the US to fully recognize the serious harmfulness of the amendments.
MANILA - China proposed formulating a vision for the strategic partnership between China and the Association of Southeast Asian Nations (ASEAN) toward 2030 to upgrade cooperation, Chinese Premier Li Keqiang said.
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MANILA -- Philippine President Rodrigo Duterte has ordered the police to prevent people from going to a restive Taal Volcano island in Batangas province, citing concerns over an explosive eruption, presidential spokesman Salvador Panelo said on Wednesday.
Lu said he had seen the report and reiterated that China's consistent position has been that the peninsula should be denuclearized peacefully through talks and that peace and stability should be maintained.
MEXICO CITY - The death toll from Tuesday's 7.1-magnitude earthquake in central Mexico has climbed to 273, the government said on Thursday.
MANILA - A consortium of the Chinese and Filipino firms will build the "new" Marawi, the former main battle area in a five-month war against Islamist militants in the southern Philippines, authorities said on Friday.