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The British Columbia Supreme Court ruled Wednesday that the American extradition case against Huawei Technologies Co executive Meng Wanzhou can proceed in Canada.

The BRI, which was proposed by President Xi Jinping in 2013, aims to facilitate comprehensive connections along the Silk Road Economic Belt and the 21st Maritime Silk Road.

The Big Four lenders may need to increase capital by nearly 392.4 billion yuan every year for the next six years, said Zhang Xu, an analyst with Everbright Securities.

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The Bank-card Consumer Confidence Index (BCCI), compiled by Xinhua News Agency and China UnionPay, a financial services corporation, dropped 0.58 points from November to 90.29 in December.

The CAAM predicted that sales momentum will continue into the fourth quarter. But it said that the growth rate could slow because of the sales peak in late 2016, resulting from millions of customers rushing to buy before a favorable purchase tax drew to a close.

The Belt and Road Initiative, proposed by President Xi in 2013, is a momentous step by China to expand opening-up and external cooperation. This initiative envisions linking China's economy with the rest of the world.

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The CIRC encouraged insurers to serve major national projects with controllable risks and help fund these projects with innovative approaches.

The Bill and Melinda Gates Foundation announced Wednesday that it will provide up to 0 million in the worldwide effort to combat the coronavirus.

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The BRI has been attracting an increasing number of participants since its inception because it was founded on the principle of achieving shared growth through collaboration, he said.

The C919, China's domestically manufactured large passenger aircraft, makes its second test flight from the Shanghai Pudong International Airport on Thursday. [Photo by Zhang Haifeng/For China Daily]