Markus Rodlauer, deputy director of the Asia-Pacific department of the International Monetary Fund, said at the fund's annual meeting on Saturday: "Growth in China is strong right now, so clearly there's no need for expansionary fiscal monetary stimulus in the economy."
Many indicators have shown that economic fundamentals also are improving, laying a solid foundation for future sustainable growth.
Many industrial policies around the world have been abject failures. They created bloated, inefficient, crony-capitalist companies. What distinguishes China along with Japan and South Korea is that they were able to keep enough international or domestic competition in the system to discipline the recipients of capital.
Mark Cohen, senior fellow at the Berkeley Center for Law and Technology, said after the forum that "what the president is saying is not the traditional 'America First'. He's saying that we need to think about whether these institutions that were developed by the US at the end of World War II are now serving the best interests of the US.
Many projects have resumed construction as of Monday in Xiongan New Area, North China's Hebei province, marking an end to the Spring Festival holiday that was extended due to the novel coronavirus pneumonia (NCP), local media reported.
Many spectators, huddled under blankets and behind guardrails, have waited for hours at the 77 St/ Central Park West where the three-hour annual spectacle kicked off at 9 am (1400 GMT).
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Markauskas emphasized efforts to increase exchanges with the Chinese side in order to help Lithuanian companies in accessing Chinese market.
Marc Meloche, head of structured finance at Bombardier Commercial Aircraft, said on Tuesday that the company hopes to sell aircraft in China.
Many locals spent Saturday, the first day of official ceremonies and religious rituals, watching live broadcasts of the event, another first in Thai history. The king sat on a golden throne under a nine-tiered umbrella to receive royal regalia including a gold-enameled, diamond-tipped, high-reaching crown weighing 7.3 kilograms.
Mauro Pezze, a professor of software engineering at Schaffhausen Institute of Technology, or SIT, in Switzerland, said that governments, companies and individuals must understand what to adopt in terms of cybersecurity regulations to break barriers for cooperation.