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Competitive devaluation is a series of sudden currency depreciations between two national currencies as a result of tit-for-tat moves to gain an edge in international export markets. In 2016, the International Monetary Fund asked its member countries "to refrain from all forms of protectionism and competitive devaluations".
Commissioner Xie Feng received via video a courtesy call from new consuls-general of Switzerland, Saudi Arabia, Thailand, the Dominican Republic and Pakistan in Hong Kong, during which he shared with the consuls-general several key points about the HKSAR Basic Law.
Conditions improved in late 2016, and now the company is actively developing markets in Beijing, Shanghai and Zhejiang, where some high-end commercial sports clubs have shown great interest in the products.
Companies including Huawei and Fosun have also expanded their businesses in Greece.
Compared with the first quarter of last year, however, major economic indicators all eased by varying levels.
来源：资阳报