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But he added “a lot of things can happen, including the fact that, perhaps — and would wait — it’s possible that the existing summit could take place or a summit at some later date.”

But at a HHS budget hearing, Republican Senator Richard Shelby said he is concerned that the Trump administration is "lowballing" its request for emergency coronavirus funding and that he will recommend a higher number.

But authorities urge victims to speak out.

But not all the perpetual bonds can be swapped, according to the central bank, as the issuers should meet certain standards. Li Qilin, chief economist at Lianxun Securities, predicted that a special type of bond from about 65 banks could be eligible for the swap. Those qualified banks can issue 65 percent of the financial institutions' total loans.

But according to the agreements, Li Zhen will continue to be the actual controller in at least 36 months from the date when the share transfer and private payment are under VW China's account. VW will have at least less than over 5 percent voting power than that of Li Zhen and his persons acting in concert, the company's founding shareholders. When the deals are complete, VW China will account for 13.2 percent of the total voting power, while Li Zhen and his persons acting in concert, 18.2 percent.