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Based on the Morgan Stanley economist's research, by the end of 2019, the country's government debt-to-GDP ratio is forecast to further come down by about 1 percentage point, and the annual increase in household debt-to-GDP ratio to slow by about 3 percentage points, which will primarily be a result of the tighter scrutiny over excessive leverage build-up among local government and households. It will also help stabilize the overall macroeconomic leverage ratio, ensuring a healthy transition to a consumption-led economy in the long run.

Baidu's options, as Li mentioned, include re-listing in some other areas, such as Hong Kong. "The basic thing is that, for a good company, there are many choices of destinations for listing, not limited to the US."

Bain observed that the number of acquisitions made by private enterprises is growing much faster than that by state-owned enterprises. The company expected an increase in deals aimed at consolidating growth at home while accessing broader markets abroad.

Ballmer, meanwhile, noted today that?“Microsoft’s culture is very strong.”

Back then, cured ham was a common food in Spain but an exotic and niche product in China. I couldn't imagine it would go on to become popular and widely recognized among Chinese meat lovers.