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"Establishing an asset management subsidiary will prevent risks arising from the asset management business from spreading to the parent bank," said Zeng Gang, director of banking research at the Chinese Academy of Social Sciences' Institute of Finance and Banking. He said investors will now only be able to hold the parent bank financially responsible for losses equal to the extent of its investment in the subsidiary, rather than the full extent of any losses, as had been expected previously.
"Even under these circumstances, we are still managing to send about five to six containers of coconuts to China every week," he added.
"Demand for imported pork in China is expected to increase in 2019 as end-users react to lower global pork prices and market disruptions and spot shortages caused by ASF," the USDA said in its latest report on world livestock and poultry trade.
"Each side has its logic but no one sees the whole picture that trade disputes hurt all. Japan may get advantages at present, but also may lose more in the long run," Ehara said.
"Facing the growing trend toward unilateralism and protectionism, China and Japan have become more urgent in strengthening coordination and cooperation. Both countries believe that multilateralism and free trade are in line with both their interests and current trends," Ruan said.
来源：资阳报