Richard Xu, head of China Banking and Fintech Research at Morgan Stanley, said that a further RRR cut is necessary to ensure adequate credit supply. Other factors, including banks' capital base and the volume of high quality credit demand, are also important in influencing the credit growth pace in China.
Ruan Zongze, vice-president of the China Institute of International Studies, said the "state visit-plus" treatment for hosting Trump, going further than previous receptions of guests, represents the shared determination and actions of both China and the US to improve China-US ties.
Robot is deployed to conduct inspection in the underground power network in Urumqi, Xinjiang Uygur autonomous region. [Photo provided to chinadaily.com.cn]
Rumors about a potential exit for Mattis, often labeled a grown-up figure in the Trump administration, have been circulating for weeks.
Retired police officer Luk Hoi-ho, who also joined the concert, noted that police officers have suffered a lot from some irrational protesters' insults and provocations during the Friday siege. He said these protesters had challenged the rule of law, a core value Hong Kong has long taken pride in.
Retail prices will go up by 145 yuan () per tonne for both gasoline and diesel, according to the National Development and Reform Commission (NDRC).
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Rethink Robotics, formerly known as Heartland Robotics, says Baxter will not?necessarily replace human jobs in the U.S., but rather bring back low-cost manufacturing jobs from overseas.?It will cost ,000 for every robot.
Rival exporters including Argentina, Canada, Ukraine and the United States have all increased wheat exports to Indonesia over the same period.
Robert Bean, managing partner of Reanda UK, speaks about his team's plan to service growing UK-China trade and investment relations, on Tuesday in Reanda's new office in London's Colindale. Cecily Liu / China Daily
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