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Weuphoria is already making waves at the community level in urban areas. Wang (who declined to share her first name), mother of a 6-month-old, is among the first parents in Beijing to have their children get a shot of it earlier this month.

Welcoming passage of the bill, Chief Executive Carrie Lam Cheng Yuet-ngor said it was a "big leap" toward the final objective – commencing operations of the Hong Kong section of XRL in September.

Wei Benhua, former deputy administrator of the State Administration of Foreign Exchange and former executive director for China at the IMF, said the country is in a good position to use fiscal and monetary policy to counter coronavirus shocks.

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Wen said the adjustment can also help banks reduce the cost of forward forex trading and increase demand of this product among enterprises, so as to better use derivatives to manage exchange rate risks.

Well, it’s interesting though, because it sounds like from the beginning, that overarching mission was driving you, in terms of seeing the market. I think a lot of people who would have invented the technology would have said, “Hey, I can see who’s at the door, isn’t this great? People should buy it.”

Weather forecasters said that snow was predicted to fall up to 2.5 cm per hour on the city, with high-speed gusts. Additional lake-effect snow will fall from midday Saturday into Sunday evening.

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What's your impression of Chinese consumers and what's your localized strategy in China?

Welcoming the year of the dog

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We’ll be watching tomorrow to see how the locker saga shakes out. In the meantime, let us know in the comments what you think could be inside Amazon’s big orange box.

When Chinese parents first sent their children to the UK for summer camps and courses, the kids stayed with host families and attended standard language schools. Now, some of the UK's most celebrated private schools are competing to attract Chinese children to their summer programs.