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"China and India both are developing countries and major emerging economies with huge home markets," said Gao Feng, spokesman for the Ministry of Commerce. "The two countries are highly complementary in terms of economic development models."
"China firmly opposes any interference by foreign governments, institutions and individuals in Hong Kong affairs," Hua stressed.
"By making this adjustment, the regulator hopes that banks will fully expose their non-performing loans and truly disclose their risk situation with more accurate capital adequacy ratios and coverage ratios of allowance for loan impairment losses to NPLs. It will be favorable for them to write off and resolve bad assets," said Xiong Qiyue, a research fellow at the Institute of International Finance at Bank of China Ltd.
"China imports more than 60 percent of its crude oil from other countries, and more reforms are needed to boost domestic production,"Han said.
"China is a strategic market for CFM. We have a big team in Shanghai and we work closely with COMAC (the C919 manufacturer) every day. We find problems and solve them together, and the cooperation goes smoothly," said Gael Meheust, president and CEO of CFM International, in Beijing.
