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Depreciation and appreciation are both likely for the renminbi in the coming days, and the monetary authority has confidence and capacity to maintain the currency value at a reasonably stable level, Liu Guoqiang, a vice-governor of the PBOC, said in a statement on the bank's website.
Despite declining growth in the assembled car market last year, sales of high-end vehicles, electric vehicles and the next-generation cars have continued to rise as Chinese consumers now expect more from their vehicles, said Teixeira.

Democratic Senator Joe Manchin was re-elected in West Virginia.
Despite the historically high number of workers filing unemployment claims, applications are down significantly since the peak in March, suggesting that the economy and labor market are recovering from disruptions caused by the novel coronavirus pandemic.
Dennis Slater, president of the Association of Equipment Manufacturers, said, "On behalf of the 1.3 million equipment manufacturing workers our industry represents, we urge the Trump Administration to refrain from putting in place economically damaging tariffs," according to the release.
来源:资阳报