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Chinese commercial banks' nonperforming loan ratio was 1.86 percent at the end of the third quarter of 2019, leaving room for China to adjust its tolerance for bad loans amid a public health emergency.
Chinese logistics companies, including STO Express and Dolphin Supply Chain, have significantly strengthened their UK presence. They have invested in warehouse facilities and built up a partner network of aircraft and trucks to secure reliable and fast transportation.
Chinese demand makes up more than 70 percent of that market, with its businesses manufacturing the raw material into an increasingly wide variety of products such as sportswear and shoes beyond traditional garments, said Carmody.
Chinese authorities pledge to rigorously control risks in local government bonds and implicit debt while using bond issuance to finance infrastructure projects and improve weak areas. [Photo/VCG]
Chinese online education startup Knowbox has gained momentum by providing online education services to public schools, its CEO said on Wednesday.
来源：资阳报