Rather, it is partly a result of the debt-for-bond swap program, which has encouraged local governments to fully expose their debt risks, he said.
Recalling his multiple meetings with Putin, Xi said their efforts in guiding a steady and long-term growth of China-Russia ties at a high level have achieved gratifying results.
Rand Paul hits Biden on wars, crime bill - World - Chinadaily.com.cn
Reforms include granting wider access, aligning with international practices
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Recalling a failed push by Russia at the UN to support the INF Treaty last year, Polyanskiy warned that the demise of the INF Treaty would not only undermine parts of the Non-Proliferation of Nuclear Weapons, but also would lead to a new arms race.
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Quoting an automotive analyst, the National Business Daily reported the decline of Chinese brands' market share is in some sense caused by their weaker product competitiveness and less market recognition compared to joint venture and luxury brands.
Raymond Qiao, managing director of the Bank of China's New York branch, also addressed the conference. There is still a long way to go before Chinese entities can decide to invest in this project, he said, adding that Alaska has the geographic proximity to the Asia-Pacific region, the state is rich in resources, and the market demand in China is strong.
Rather than focus on specific composers such as Wagner, Strauss, or Verdi as in previous festivals, this year's theme is "BMF at 20."
RCEP comprises 10 ASEAN nations and its six trading partners - China, Japan, South Korea, India, Australia and New Zealand.