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In his letter, Xi recalled his meeting with leaders of Pacific island countries in November in Papua New Guinea.

In order to find cases to feature in his work, He and his team conducted multiple field studies throughout the past year covering more than 10 countries and over 20 provinces in China, visiting urban and rural areas, and interviewing people from varied professions-scholars, workers, farmers, students and entrepreneurs.

In his eight years in office, Obama vowed to loosen the controls on several occasions, but never honored his commitment.

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In order to attract more Chinese visitors, NYC has also expanded its footprint in China by enhancing cooperation with its local partners and more presence on the country's social media, he said.

In more extreme cases, such as the 2008-09 global financial crisis, stimulus is targeted to provide government or central bank assurance to make financial transactions possible. In that crisis, banks were afraid to deal with other banks or financial institutions because there was no way to know which companies were solvent. Without a working financial system, the real economy was near collapse.

In light of the pace in January, most of the bond issuance is expected to be completed by the end of the first quarter, Liu said.

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In his opening statement, Elwell said the FAA was "fully involved" in the certification of the Boeing 737 Max 8, including "133 of the 297 flight tests".

In his speech, the US vice president also vowed that his country will continue to bring pressure on Iran's economy, which he claimed had already been "reeling" under heavy US sanctions.

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In his annual letter to shareholders released in late March, Larry Fink, chief executive officer of BlackRock, wrote that the group's focus on long-term opportunities and structural change is reflected in the way they have been approaching growing markets, such as China.

In his speech, Xi pledged to provide 0 million in aid to help developing nations address challenges on issues such as famine, refugees, climate change and public health.