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Analysts said that the government may need to raise more than 4 trillion yuan from the domestic bond market between June and September, which is a significant amount and the People's Bank of China, the central bank, will have to take measures to facilitate the bond issuance.
Analysts at Shanghai Chongyang Investment Co, an asset manager, said in a research note that the bond market may bear short-term pressure as some financial institutions would seek to sell bonds in compliance with the new regulation. They added that mid- and long-end interest rates in the market will likely remain at a high level.
Andy Tsang Wai-hung, Hong Kong's former police chief, said the city "urgently" needs a national security law to take on the city's violence, which he said is verging on "terrorism in nature".
Analysts said the participation of Chinese companies in Malaysia's Islamic finance market is in line with Malaysian government policy to promote the country as an Islamic funds hub.
And it's not only US companies that are committed to deepening their roles in China's vast market. Jens Puttfarcken, president and CEO of Porsche China, said despite all the uncertainties, the company is optimistic about its sales performance in China and believes that there is no alternative to global free trade.
来源：资阳报