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Domestic demand is increasingly driving growth, while the exchange rate of yuan, as well as its market expectation, remains generally stable, resulting in a stronger ability for the country to counter external shocks, the statement said.

Domestic orientation of monetary policy also implies that the PBOC will choose a combination of independent monetary policy, increasing yuan flexibility and capital outflow restrictions in the "impossible trinity" (or trilemma, which refers to the notion that it is impossible for a country to have a stable currency, an independent monetary policy and the free movement of capital - the absence of capital controls - at the same time).

Direct financial settlements in Shanghai last year amounted to 7.6 trillion yuan (0 billion), more than 85 percent of the national total. About 30 percent of the financial institutions registered in Shanghai were foreign-backed.

Developing story more to come. Amazon’s news release follows.

Doctors found a donor with a gene mutation that confers natural resistance to HIV. About one percent of people descended from northern Europeans have inherited the mutation from both parents and are immune to most HIV. The donor had this double copy of the mutation.