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"For banks in the regions that are seriously affected by the novel coronavirus outbreak, the China Banking and Insurance Regulatory Commission will fully consider the impact of the epidemic with a down-to-earth attitude, appropriately increase its tolerance for nonperforming loans in these regions, and allow a grace period for these banks to meet regulatory requirements or make flexible arrangements of regulatory measures accordingly," said Liang Tao, vice-chairman of the commission, at a recent news conference held by the State Council Information Office.

"For too long, women have been unable to share equally in ocean-supplied benefits," said Guterres.

"Foreign investors put more value on structural changes in the China market rather than the size and growth potential of the market. In addition to the appeal of China's capital markets, the launch of a registration-based initial public offering system and new rules on asset management also boosted their confidence in achieving success in China's capital markets," Qu said.

"Given the unprecedented speed of the slump in equity prices, it has been suggested that stock exchanges might be closed soon if things don't turn around," research house Capital Economics said in a note on Tuesday.

"For the moment, it seems clear that Joe Biden is determined to bring the US back to the internationalist and openness path — to reconnect US to multilateralism," she said.