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Around 60 percent of the bankers said the nonperforming loan ratio of Chinese banks will stay between 0.5 percent and 2 percent over the next three years.

Article 47? The courts of the Hong Kong Special Administrative Region shall obtain a certificate from the Chief Executive to certify whether an act involves national security or whether the relevant evidence involves State secrets when such questions arise in the adjudication of a case. The certificate shall be binding on the courts.

Argentina has reported 1,133 cases of COVID-19 with 34 deaths, according to the latest report from the Health Ministry.

As Hu explained, deposit will no longer be necessity when the merchants or service providers can seek enough profits and little risk. Some industries, which have seen rapid growth in the past few months, are starting to be less reliant on deposits and resorting to business models that are reliant on rental income.

Arzeda uses cloud computing, protein design and fermentation to build new proteins and materials for use in manufacturing, agriculture and pharmaceuticals. (Arzeda Photo)