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However, after the domestic outbreak was brought under control, consumer demand was mostly concentrated in joint venture brands, Chen said.

However, China's financial risks are generally under control and the economy is equipped with a solid tool kit to neutralize such threats.

However, Krugman said that "we had an incipient financial crisis in March, which drove corporate borrowing costs up and stocks down; but the Fed contained that crisis, so stocks rebounded," referring to the Federal Reserve's aggressive monetary policies in response to COVID-19.

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Hongqi, China's iconic car brand under major auto company FAW Group, is ready to display its cutting-edge technologies and pioneering products at a newly built mansion known as the Hongqi Innovation Tower.

However, Wang gained a six-month medical parole in April 2011 for heart disease, and later got another six medical paroles after approval from the prison supervision bureau of the Inner Mongolia autonomous region, resulting in him being free of prison for seven years, the statement said. Wang was readmitted to prison in June 2019.

However, he said that local governments raising debts in "hidden ways" - which typically involves violations of laws or rules - will be strictly forbidden to contain risks.

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However, celebrity cachet does not always guarantee purchases.

However, Mueller said he does not believe that gasoline cars will become as extinct as dinosaurs overnight.

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However, as the new business models are emerging, technology companies are building platforms to provide data services to lenders that can help the latter to better evaluate financial risks, the report said.

Hong then invested 30 million yuan in Yuanhua company, but later filed a lawsuit in 2015, asking Lin and Fanhua company to pay back the principal and interest.