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Chinese policymakers are likely to further ease monetary policy and promote bank loans for small and medium-sized companies in the second half of this year, introducing measures to control risks and prevent shocks in the local labor market, according to industry experts.

Chinese consumers are exhibiting a notably greater willingness to embrace new vehicle features such as autonomous driving, connectivity and electrification than their counterparts throughout the Asia-Pacific region, according to the latest survey released by global consultancy Deloitte.

Chinese police authorities have slammed a 10-day administrative detention on a foreign male university student accused of sexually harassing a Chinese female student at Hebei University of Engineering, local police said Thursday afternoon.

Chinese local governments issued debt worth 378.89 billion yuan (.26 billion) last week, a record high weekly issuance amount for the country, according to data from financial information servicer Wind Info.

Chinese authorities have of late been increasing their efforts to develop and support the industry in a bid to spur local economic growth and attract financial talent. But with the country's hedge fund scene still at a nascent stage, professionals from the sector have been eager to learn from foreign experts such as McGuire.