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Bai made the remarks at a press conference on the science and technology cooperation between China and B&R countries.
BUENOS AIRES - G20 finance ministers and central bank governors met here earlier this week to discuss ways to boost economic growth, as impending US import tariffs on steel and aluminum cast a pall over the gathering.
Bai Ming, a senior research fellow at the Chinese Academy of International Trade and Economic Cooperation, said, "The new restrictions will harm the US semiconductor industry."
Because COVID-19 has delayed travel and shipping schedules of many Chinese technicians and equipment such as construction machinery, the company had to optimize its construction plan and resources allocation, as well as train more local workers to enrich their knowledge in engineering and field operations, Chen said.
Based on the current development, cross-border capital flows in terms of foreign exchange sales by banks may reach equilibrium in the fourth quarter of this year, with capital outflows largely matching inflows, said Chen Xingdong, deputy managing director and chief economist of BNP Paribas in China. "There could still be fluctuations in the third quarter, but balance is expected to emerge in the fourth quarter."
来源：资阳报