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market could deter爱上海同城对对碰mine the RMB exchange rate, but if extreme situations arise, the central bank
can exercise some intervention to prevent spillover effects of exchange rate volatilities on neighboring countries.
Yi, the PBOC governor, said the current fiscal policy package is strong enough to counter headwinds, even if
the situation gets a little worse, and “a discussion” could be opened if the scenario turns “tremendously worse”.
Looking forward, the unemployment rate, rather than the GDP growth rate, should receive more atte
ntion. “The Chinese economy is presently doing reasonably well, and I don’t worry too mu
ch about the unemployment problem. So long as people still have jobs, it’s not a concern if growth slows slightly. But this ma
tter deserves to be very closely watched, particularly as now trade tensions escalate rapidly,” Huang said.
If trade tensions start to have “bigger impacts” on the economy, he said
nd force low-end manufacturers to move out more rapidly, it might increase the pres
sure on unemployment. So supporting domestic consumption and encouraging the development of the servi
ces sector, especially labor-intensive services, could help mitigate the pressure, he said.
revenue collected by the US government through hefty tariffs on Chinese imports, has been paid almost entirely by US importers.
“Some of these tariffs have been passed on to US consumers, such as those on washing machines, wh
ile others have been absorbed by importing firms through lower profit margins,” the research said.
Any further increase in tariffs will likely be passed through to consumers, it said.
China and the US, the world’s two largest economies, have been embroi
led in a tit-for-tat trade confrontation over the past few months. Washington threatened to fur
ther escalate a tariff war and increased tensions by tightening restrictions on Chinese companies.
Earlier this month, the US raised tariffs on $200 billion of Chinese imports from 10 percent to 25 percent, and China took coun
termeasures. Then the US administration listed about $300 billion more of Chinese goods for possible tariff hikes.
essure, and psychological experts say that thinking of nothing is a mental
adjustment for people, which is
good for health as it can reduce the risk
of anxiety and depression by 25 percent, according to Workers’ Daily.
If people can’t manage their emotions effectively under high pressure, it will
harm their family life, work and social life, experts say.
The suggestion sparked reaction from netizens, with Sina Weibo user
Happy little witch123 asking, “Is it ok if I
accumulate the daily five minutes and me
ditate a hour on one day?” A WeChat user named yuenyuen said, “I’m not
bragging but I can meditate for a whole day.”
Just 20 days after the opening of a
museum of broken relationships in Taiyuan, capit
al of North China’s Shanxi province, its owner joked that it was turning into a blind date site, thecover.cn reported.
Since it opened to the public on April 25, the museum has received 500 visitors every day, aged between 16 and 25.