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Referring to a joint communique issued at the end of the G20 meeting, Escolano said: "Spain joins the European Union and many other participating countries in a very important message of concern and rejection of any protectionist escalation due to these measures."

Rainy weather is expected to continue in the southern areas of China, according to meteorological experts, suggesting relevant regions strengthen investigation of disaster risks to prevent the disturbance of mountain torrents and geological disasters on transportation and city operation.

Quoting US President Donald Trump, Anthony Koliha, director of the Office of Global Educational Programs under the State Department, said the US has “incredible talent coming in from China. They occupy a big space at the universities, and we want to keep it that way.

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Raising the ratio of outdated capacity to the new capacity is meaningful for China's steel industry under the current situation, said Lyu.

Recent corporate bond defaults risks are also adding concerns as risks may threaten potential monetary returns.

Rahman expected the visit to usher in closer people-to-people exchanges between the two nations.

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RIO DE JANEIRO, Jan. 25 -- About 200 people were missing after a tailings dam owned by Brazilian mining giant Vale collapsed Friday in the southeastern state of Minas Gerais, said local fire department.

Rating agencies such as S&P Global Ratings and Moody's Investors Service have expressed interest in establishing their own branches in China after central bank Governor Yi Gang announced China's timetable for further expanding financial industry opening-up during the Boao Forum for Asia earlier this year.

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Rather, the government only needs to intervene when the currency sees a sharp depreciation or appreciation that goes beyond a benchmark of, say, 7.5 percent over a year on either side of a reference rate, the report said.

Realizing the significance of SOEs to the country's sustainable growth, China launched a series of reforms including cutting capacity, managing "zombie companies," cutting excessive layers of hierarchy and calling for innovation among firms.