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Bonds are also important to Sinomax USA, which manufacturers memory foam bedding and related products. It has been a supplier to Walmart since 2006, and the company has since added Costco and Kohl's as clients.
BlackRock Chief Executive Officer Laurence Fink stressed at Tang's appointment that China is a strategic priority for the company and it plans to remain very engaged in pursuing its long-term strategy in this key market. BlackRock has .5 trillion in assets under management worldwide.
Bond Connect refers to the mainland-Hong Kong bond connect program which was approved in May last year, allowing investors from both sides to trade bonds on each other's interbank markets. "Northbound" trade, which allows Hong Kong and international investors to buy bonds issued on the mainland, started in July last year.
Both countries should strengthen cooperation in areas such as infrastructure construction, energy, halal food, agriculture, fisheries and digital economy.
Blockchain uses a cryptographic network to provide a single source of truth, enabling different parties to co-create a permanent, unchangeable and transparent record of exchange and processing without relying on a central authority. The new technology has seen more application in China. Let us take a look.
来源：资阳报