The Fed hadn't cut rates so sharply since the collapse of the subprime mortgage market 12 years ago, which roiled the market and threatened to ignite a severe economic downturn. Analysts expected the Fed to cut rates at its next regularly scheduled meeting later this month, but a week ago almost no one anticipated Tuesday's action.
The Golden 1 Center, featuring 84-foot wide screen and 44-foot end screens. (Photo by Alan Sheckter)
The Guangdong-Hong Kong-Macao Greater Bay Area, a plan to create a globally competitive cluster of cities in the Pearl River Delta, stands as a living embodiment of foresight embedded in the unique "China model" and offers the next growth engine for the world's second-largest economy, Zhang Weiwei, director of Fudan University's China Institute, told a Vision China event in Macao recently.
The Hongqiao Integrated Transportation Hub in Minhang district, where Shanghai Hongqiao Railway Station is located, is known as the first gateway for passengers entering the metropolis. The mega hub includes an international airport, a high-speed railway terminal and two metro line stations.
The Government Work Report, which Li delivered to deputies of the National People's Congress on March 5, noted that the chief executives and governments of Hong Kong and Macao have the central government's full support in "exercising law-based governance, growing their economies, improving people's well-being, advancing democracy and promoting social harmony".
The Federal Reserve's willingness to not fret inflation and to keep interest rates low, along with positive developments in vaccines and treatments for COVID-19 also have helped buttress the market.
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The Hong Kong Federation of Trade Unions, the city's largest labor group, also denounced the radical protesters.
The Horgos, a boundary river, is 148 kilometers long. It is fed by 62 alpine rivers in surrounding areas. Of those, 21 are in China, 39 in Kazakhstan and two feed shared boundary rivers, according to the ministry.
The Ground Force has steadily added power to its aviation units by commissioning new aircraft over the past several years. This is not only because the Chinese military intends to transform its land forces to be leaner, more flexible, agile and capable, but also because the country's aviation industry is rapidly catching up with its Western counterparts in terms of technology and capability.
The Hong Kong government evacuated 98 Hong Kong residents from Peru on April 3. And 27 others, stranded in Morocco, came back on April 10 via a chartered flight arranged by the Chinese Embassy in Morocco.