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The NDB, a multilateral financial institution set up by BRICS, which is made up of Brazil, Russia, India, China and South Africa, formally opened in Shanghai in July 2015. It was created with the objective of financing infrastructure and sustainable development projects in BRICS countries and other emerging economies and developing countries.

The Nepali government had suspended issuing tourist visas in early March to prevent the spread of COVID-19. "Now, foreigners willing to come to Nepal for mountaineering and trekking, can get tourist visas from our embassies abroad," Kamal Prasad Bhattarai, spokesperson at the tourism ministry told Xinhua on Tuesday. "Tourists from countries where there is no presence of Nepali diplomatic mission can get an on-arrival visa."

The NIIT Big Data College will offer various training programs including big data technology, network development and business intelligence analysis.

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The Pacific Tsunami Warning Centre at first said hazardous tsunami waves from the earthquake were possible within 300 km of the epicentre along the coasts of Russia, but later said the threat of tsunami had passed.

The NDRC also said it approved 16 fixed-asset investment projects in high tech industries and water conservation with total investment of 72 billion yuan in November. A total of 3.84 billion yuan is earmarked for reducing poverty in 2018, with 90 percent going to Tibet, Qinghai, Xinjiang, Sichuan, Yunnan and Gansu.

The Monetary Authority of Macao is establishing a cross-border direct digital payment system between Macao and Guangdong province, aiming to provide more convenient methods for Macao residents to pay public fees in the neighboring province, Chan added.

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The PBOC signed a memorandum of cooperation on Sept 20 with the Hong Kong Monetary Authority for the issuance of bills. This move will offer more renminbi liquidity management tools for financial institutions, and provide a better foundation for financial institutions to develop renminbi products.

The Nasdaq Composite, the S&P 500 and the Dow Jones Industrial Average all posted their largest one-day percentage losses since Jan 3.

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The PBOC also may abandon the traditional one-year lending rate after August, when the outstanding loans' transform period ends, Li said.

The NBS attributed the monthly decline in CPI to lower food prices, which dropped 1 percent month-on-month in June.