Investors sought safety in government bonds and sent the 10-year US Treasury yields to all-time lows. In early trading Thursday, yields briefly fell below 1.2 percent. On Friday, the yield was 1.176 percent.
Investors will have more options when choosing investment targets. So, stocks of companies with plain-vanilla fundamentals will no longer attract investors. Broad-based surges in stock prices regardless of fundamentals may soon become less common. Retail investors can no longer count on them for profits.
Investment bankers are chuffed too as they see more underwriting business opportunities arising from expected IPOs.
Interbank WMPs recorded a net decrease of 2.7 trillion yuan in the first 10 months, while off-balance-sheet business growth had slowed to 16.1 percent by the end of October from an annual rate of over 50 percent in the past few years, according to Xiao.
International experts at the Boao Forum for Asia and China Development Forum were also optimistic about China's economy, believing China will make more contribution to world economy with high-quality development and significant improvement in entrepreneurial and innovative ability.
Instead, nations will seek mutually beneficial outcomes rather than simply being pawns in a rivalry between great powers.
济南风湿风湿关节炎如何治疗
International Media Center is seen ahead of the US-DPRK summit in Hanoi on Feb 25, 2019. [Xinhua]
Internet celebrities wield tremendous impact over consumer decisions through engagement with followers
Innovation in China is being rejuvenated. The plans of the Chinese government to transform China into a global leader in science and technology through funding research and development, as well as providing infrastructure support and incentivizing technology development, will only enhance China's ability to contribute to solutions for global problems.
Involving sexual assault and a juvenile, the court hearing lasting 16 hours from Tuesday through Wednesday was heard in a non-public manner to protect privacy at Shanghai Putuo district court.