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Refinancing could prove to be tricky as a recent regulatory crackdown to contain rising financial risks associated with increasing leverage, had a restraining effect on some interbank financing channels, especially the so-called shadow banking activities. So, companies will need to look for alternative sources of refinancing to roll over their debt.

Recently, protests have occurred nearly every weekend. A typical demonstration combines "Occupy" and the Mong Kok riot in 2016, Lam said. In the daytime, a group of protesters would "occupy" an area, and later, at night, radicals would clash with officers trying to disperse them, resulting in a flare-up as violent as that in the Mong Kok riot, Lam said.

Raiser said China's growth path was, to a large extent, due to its "unique" and "pragmatic" reform policies.

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Recently, the PBOC announced that DC/EP transactions can be completed using the Near Field Communication or NFC technology, a protocol that allows direct device-to-device communication. This is a peer-to-peer way of payment.

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Recent faster-than-expected liquidity injection and more frequent monetary policy operations in China could change investors' strategy, as they predict a shift in the central bank's policy stance toward easing.

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Raymund Chao, PwC Asia-Pacific and Greater China chairman, told China Daily that China is playing an important role in the region, as the world's second largest economy, especially to facilitate multilateral trade, infrastructure and to increase connectivity within the region.

Rafi said she was lured to the roof of her rural school in Feni town and told to withdraw the charges by five people clad in burqas. When she refused, she said her hands were tied and she was doused in kerosene and set on fire.

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RIO DE JANEIRO - Mining giant Vale denied having previous knowledge of any collapse risk with its collapsed tailings dam in Brazil on Tuesday.

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