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As the start in interest rate unification, the reform can help ease the financing woes faced by small and medium-sized enterprises, act as a prelude to more interest rate reforms, and give clues to China's macro policy-setting pattern.

As the renminbi largely reversed its relation with the US dollar from February to mid-June, it will probably return to a regime of relative stability in the trade-weighted exchange rate, or to appreciate if the broad trade-weighted US dollar depreciates, said Robin Xing, chief China economist with Morgan Stanley.

As the undisputed world power in table tennis, the new gold in mixed doubles might seem to be a done deal for China, but former national women's team coach Shi Zhihao doesn't think so.

As the world's leading power, the US is arrogant and selfish, she said at a daily news briefing, adding that the country does its utmost to suppress other countries' development rights.

As the national security law for Hong Kong has taken effect, one of the most concerning issues among some Hong Kong residents is whether their rights and freedom will be undermined.