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Due to incessant downpours, the water level at the Wangjiaba hydrological station reached 27.5 meters, its warning level, late Friday, marking the river's first flood of the year.
Dressed in a beanie paired with a striped, collared shirt and horn-rimmed glasses, Zhang Meng looked more like a rapper than a young farmer as he stood by his stall at the F2N market at the Kerry Center in downtown Beijing selling organically grown produce.
During a virtual panel discussion around the theme of "Risks of US-China 'Decoupling'", held by the Bloomberg New Economy Forum, Chinese Ambassador to the US Cui Tiankai called for "a serious rethinking of the very foundations" of the bilateral relationship at this critical moment.
Due to the coronavirus outbreak, recession risks for the global economy are rising, and weak demand will put more pressure on China's economy. Effects of lowering the lending rate will be limited, which will push commercial banks to reduce costs by cutting the deposit rate, said Zhou Junzhi, a macroeconomic analyst with GF Securities.
Doug McMillon, president and CEO of Walmart, told China Daily during his visit to Shanghai on Thursday that China is still one of the most important markets for the US retailer. Technology will be another major focus area for the company in China as Walmart has always been a "people-led company that relies heavily on technology," he said.
来源：资阳报