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The Montreal-based rail company had cut its 2019 profit outlook in October and then confirmed job cuts in mid November.

The Netherlands believes that the further development of EU-China ties meets the common interests of the Netherlands and China as well as the common interests of the EU and China, he said.

The PBOC's rate hikes, seen by some economists as a "mini-tightening", came hours after the Fed hiked the United States' benchmark interest rate by 25 basis points to a target range of 1.25 percent to 1.5 percent in the Fed's third rate hike this year.

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The Oversea-Chinese Banking Corporation Ltd, or OCBC, in Singapore was just as bullish about the decision.

The PBOC and the country's banking regulator announced last Friday that the joint-equity commercial bank in the Inner Mongolia autonomous region would be taken over due to "serious credit risks".

The NFAP report was first spotted by Axios.

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The No 6 (center) and No 7 (right) reactors at the Kashiwazaki-Kariwa nuclear power plant of Tokyo Electric Power Company Holdings Inc in Niigata Prefecture, Japan, Sept 30, 2017. [Photo/IC]

The PPPs, collaborative projects between government and private companies, will give priority to support national tourism projects and poverty-alleviation through tourism.

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The National Meteorological Centre issued a yellow alert－the third-highest level of China's four-tier color-coded weather warning system－on Sunday, predicting strong winds and rainstorms in Fujian, Guangdong, Zhejiang, Jiangxi and Hunan provinces as well as the Guangxi Zhuang autonomous region. It predicted as much as 60 millimeters of rain an hour in some places.

The NBER paper argued that the negative impacts of COVID-19 on minority- and immigrant-owned businesses, if prolonged, could be problematic for broader racial inequality because of the importance of minority businesses for local job creation, economic advancement, and longer-term wealth inequality.