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As a veteran in forex trading market, Lin believes that the RMB has been outperforming other emerging market currencies and a majority of Group of Ten (G10) currencies over the past few months as the Chinese economy is not only under control but also shows resilience.

As a result of the saction, any property or interests of the designated persons in the US will be blocked and transactions by Americans involving these persons are generally prohibited.

As for the US, whatever impact its tax cut will have on an economy so close to full employment will be paid back partially later in the form of lower growth, as temporary spending incentives (notably for investment) expire and as increasing federal debt takes a toll over time, he said.

As a leading company in regional development planning, Roland Berger has contributed to China's economic development for more than three decades and would like to bring those experiences to Xiongan's development, Jiang said.

As a pillar of the national economy, the auto industry plays a crucial role in boosting domestic consumption and facilitating consumption upgrades.