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Yu Hong, Chinese ambassador to Brunei, said in her speech at the ceremony that China and Brunei have enjoyed a traditional friendship of long history, and the joint fight against COVID-19 in 2020 has given new connotation to this friendship.

Yi noted that the major developed economies have continuously adopted the ultra-low interest rates and quantitative easing since the 2008 international financial crisis and started to implement the policy of unlimited quantitative easing to cope with the COVID-19 pandemic.

Yuen's comments came a day after the government announced it will tighten the border by requiring those who enter the city from the Chinese mainland after Saturday to be quarantined at home for two weeks.

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You have worked with famed lyricist Fang Wenshan aka Vincent Fang, who also works in a traditional Chinese style. Can you talk about the collaboration?

You was elected to the seven-member Secretariat on Oct 25 during the First Plenary Session of the 19th CPC Central Committee.

Younger shoppers from China to lead recovery in demand

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Yet, in late January, the White House had barred most foreign citizens from entering the US from China. Three US carriers operating scheduled US-China passenger flights－American Airlines, Delta Air Lines and United Airlines－began suspending their flights in early February.

Yi Gang, governor of the People’s Bank of China, the central bank, said on March 11 that China had no intention of manipulating its exchange rate to try to boost trade.

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Yi stressed that "all parties of the G20 should collectively show their willingness to defuse trade tensions cooperatively and send a positive signal to the international community", according to the statement published on the central bank's website late on Sunday.

Yu, chairman of the National Committee of the Chinese People's Political Consultative Conference, made the remarks while presiding over a symposium on private economy in Beijing.