Industry experts said the move highlighted the regulatory intention to boost the role of the insurance security fund in preventing industry risks as some insurers may be exposed to liquidity problems as the authorities have substantially tightened regulations to curb systemic financial risks.
Indeed, on Friday, the White House's Coronavirus Task Force held its first press briefing in nearly two months where Vice-President Mike Pence declared that the US had "flattened the curve" even though the US saw its highest number of new cases in a single day for a second day in a row.
India's foreign ministry on Tuesday said US president's visit to India will further strengthen India-US strategic partnership.
Increase in employment opportunities points to healthy economic rebound
Increasing demand for air travel between China and Spain has also led to the establishment of four new direct flight routes between China and Spain in 2016 and one more in 2017. This boosted the number of direct flights between Chinese and Spanish cities to about 30 per week by the end of 2017, about four times the number of weekly direct flights in 2015.
Indeed, such warnings deserve serious attention from policymakers since China does face the challenge of debt reduction. But it is crucial that China should not be misled by such a doomsday argument and cut its debt levels in haste only to jeopardize economic stability.
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Income from trade in services was .3 billion, while expenditures totaled .9 billion.
In this photograph taken on Nov 15, 2017 a dancer warms up under an overpass as she and others prepare to participate in a parade through the streets of downtown Bangkok to promote tourism. [Photo/VCG]
India on Monday named Vijay Keshav Gokhale, a former ambassador to China, as its new foreign secretary - a move that seems to be in line with the country's focus on relations with China, an expert said.
Initial figures have shown that Fu's team is capable. A financial report said revenues amounted to 103.5 million euros last year, compared with 99.9 million in 2015. Meanwhile, pretax profit reached 11 million euros, a rise of 13 percent from 2015.