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  • PBOC plans cautious approach as recovery gathers pace
    The People's Bank of China, the central bank, will adopt a more normal policy stance in the second half of the year as credit growth may have peaked even as its timely measures helped sustain China's economic recovery from the novel coronavirus pandemic during the first half, experts said on Monday.

Logistics company seeks opportunities amid pandemic
The COVID-19 pandemic, as a black swan event, has affected not only people's lives but also the performance of businesses. During this particularly difficult time, the Shanghai-based Worldwide Logistics Group has managed to survive and has now turned the corner.

Global event launched to solicit opinions on climate investment and finance
A global event was launched on July 2 in Beijing to collect new ideas to address challenges in climate investment and finance.
Reforms seen as catalyst for 'new bull run'
China's A-share market may have started what some are calling a "new bull run" that is more sustainable and rational than before, backed by deepened market-oriented reforms, experts said on Monday.
Huawei's revenue up 13.1%
Chinese tech giant Huawei's revenue rose by 13.1% year on year to 454 billion yuan (about $64.9 billion) in the first half of 2020, with a net profit margin of 9.2%.
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Currencies
RMB Exchange Rates June 24, 2020
Issued by State Administration of Foreign Exchanges


Currency (Unit:100)RMB


US dollar

705.55



Euro

798.32



Japanese yen

6.6292



HK dollar

91.037



British pound

883.67




June 18June 17June 16June 11June 10
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