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China's economy is experiencing a "pretty solid V-shaped recovery" amid the COVID-19 pandemic that has crippled the world's economy, said BHP Group CEO Mike Henry to CNBC on Aug 26.
China's continuing reform and opening-up can be translated into more growth opportunities and potential for the world through new momentum such as the China-proposed Belt and Road Initiative.
China's insurance regulator barred Yao Zhenhua, chairman of Foresea Life Insurance, from the insurance sector for 10 years for irregular market operations.
China's iron ore demand is expected to see a continuous decline in the next few years, due to growing awareness of environmental protection and increased consumption of scrap steel, experts said.
China's consumer price index, a main gauge of inflation, grew 1.7 percent year-on-year last month, the lowest level in 19 months and down from 2.4 percent in August, the National Bureau of Statistics said on Thursday.
