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Another reason is the perception that English proficiency will lead to more job opportunities and brighter future prospects globally, said Wang.

Anti-corruption work in COVID-19 control and prevention is one of the key jobs being carried out by China's supervisory bodies this year as corruption could undermine medical response, alter the use of urgently needed materials and could lead to loss of life.

Any extreme decision or overreaction like delisting all or most Chinese stocks will cost the US stock market dearly in at least three different ways.

Another Chinese startup Xpeng plans to go public in New York later this year, said Reuters citing sources with knowledge of the matter.

Anime, comics, gaming, novels or ACGN segment sinks roots deeper in China market