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Chinese banks, led by Industrial and Commercial Bank of China, are already in discussions with multiple foreign banks and international financial institutions on forming a long-standing mechanism for the financing of projects under the initiative.
Chinese banks have sufficient allowances for loan impairment losses to handle risk exposures due to high regulatory requirements, said people with a good knowledge of the banking sector.
Chinese police solved 17,000 cases involving IPR infringement worth 4.6 billion yuan (0 million) in 2016, Shen Changyu, head of the State Intellectual Property Office (SIPO), said at a press conference Tuesday.
Chinese experts cautioned India not to invite the United States or other countries to meddle in its border issue with China, as this could severely complicate the already precarious situation and turn the China-India border into a new geopolitical "powder keg".
Chinese economists saw financial opening-up as an opportunity to develop the local service sector, but it also requires high-standard regulatory measures to prevent potential market vulnerability.
来源：资阳报