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As a large portion of Chinese households' wealth was locked up in the property market, consumption could not grow faster. Even per-capita income is growing at a steady, not heady, rate. On the other hand, high property prices have pushed up the leverage level in the household sector.

As a major foreign investor in the chemical industry in China, BASF has invested more than 6 billion euros (.07 billion) on its own and more than 9 billion euros together with partners.

As for balancing investment risks, Stephen said China is trying market-based tools and moving incrementally in its international efforts.

As countries and companies race to be at the forefront of this new technological sector of discovery, one scientist believes that China is extremely well-placed to benefit from the exciting future that artificial intelligence (AI) has to offer the world.

As Sacramento County was one of the areas included in Newsom's July 1 order, Monday's directive did not change operations at Mulvaney's restaurant. He had to lay off 54 people during the first round of the outbreak.