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Paul Chan, financial secretary of the Hong Kong Special Administrative Region government, said the local economy had deteriorated due to the COVID-19 pandemic when addressing a panel meeting of the Legislative Council on Monday.

Palmer noted that it was interesting that Bezos, who is also the owner of the Washington Post, is steering clear of political issues with his fund. She contrasted that move with the paths famously taken by the Koch brothers, who have funded numerous conservative political causes, or George Soros and his support of progressive politics.

Park's downfall gave the left-leaning Democratic Party the upper hand in the presidential election last May, which was easily won by Moon Jae-in.

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PYONGYANG - The Democratic People's Republic of Korea (DPRK) Monday accused Japan of challenging the atmosphere for regional peace and stability through military expansion and rewriting post-war constitution.

Passengers enter the Shanghai Hongqiao Railway Station on June 25, the first day of the three-day Dragon Boat Festival holiday. [Photo/Xinhua]

Patients with organ failure rely on luck, as they must wait for a matching organ and undergo a successful surgery.

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Pakistan has multifaceted economic cooperation with China, including a Free Trade Agreement, which entered its expanded phase II early this year, and the transformative China-Pakistan Economic Corridor which has brought great economic benefits to Pakistan and enhanced connectivity in the region. With completion of infrastructure and energy projects, CPEC has now entered a new phase of greater emphasis on strengthening Pakistan's industry, agriculture, and socioeconomic sectors.

Passengers get on subway in Nanjing, Jiangsu province. [Photo/Nanjing Metro]

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Pan Helin, a senior researcher at public policy think tank Pangoal Institution, said consumers in third-tier cities and below, counties and rural areas account for about 70 percent of China's population, indicating huge untapped consumption potential.

Pan said China will continue to improve the macro-prudential policy framework, issue macro-prudential policy guidelines in a timely manner and enhance the overall design and governance mechanism of China's macro-prudential policies.