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Central bank criticizes the label as 'arbitrary', inconsistent with US Treasury's own criteria

Cao Xiao, an economics professor at the Shanghai University of Finance, said the government does not need to put too much restrictions for investment projects if the overall financial risks are under control.

Celebrations in China typically commence on Chinese New Year's Eve and continue until the Lantern Festival, which is on the 15th day of the first month.

Central bankers in the United States, European Union, Japan and Oceania have had a change in mood in the past month, given worries that a too tight monetary environment may not cushion their economies from shocks from trade tensions, Brexit and financial vulnerabilities. They sounded the alarm over global uncertainties after the International Monetary Fund downgraded its forecast of the world’s economic growth in January.

Carrier in communication with Boeing, says it will act together with CAAC