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As the renminbi largely reversed its relation with the US dollar from February to mid-June, it will probably return to a regime of relative stability in the trade-weighted exchange rate, or to appreciate if the broad trade-weighted US dollar depreciates, said Robin Xing, chief China economist with Morgan Stanley.
As the United States hit 4 million confirmed cases of novel coronavirus infections Thursday, President Donald Trump announced he is canceling the Jacksonville, Florida, portion of the Republican National Convention planned for the end of August because of the pandemic.
As the Chinese people have learned, only a system deeply rooted and fully nurtured in the country's own soil is trustworthy and will serve the people's interests.
As the renminbi largely reversed its relation with the US dollar from February to mid-June, it will probably return to a regime of relative stability in the trade-weighted exchange rate, or to appreciate if the broad trade-weighted US dollar depreciates, said Robin Xing, chief China economist with Morgan Stanley.
As such, the analyst trimmed revenue forecasts for 2012 to .3 billion, down from .4 billion. “We would still avoid AMZN,” Bartley said, according to the Forbes report.
来源：资阳报