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"By making this adjustment, the regulator hopes that banks will fully expose their non-performing loans and truly disclose their risk situation with more accurate capital adequacy ratios and coverage ratios of allowance for loan impairment losses to NPLs. It will be favorable for them to write off and resolve bad assets," said Xiong Qiyue, a research fellow at the Institute of International Finance at Bank of China Ltd.

"China and the US have quite a history of cooperation in the healthcare industry. Yale University, for instance, has long been carrying out programs in collaboration with China," Liu said.

"China is very advanced in biomedicine and advanced in all kinds of technologies, so exchanges between the two countries in those areas can greatly benefit both countries."

"China offered many opportunities for job seekers then, but the situation in Greece and Europe is different."

"But the monetary policy will have to coordinate with the bond issuance, to maintain sufficient liquidity and keep financing costs at a low level," said Ming.