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"Generally speaking, the liquidity of the Chinese banking system is fairly adequate," said Zhu during an interview with China Daily at the Moody's and CCXI 2019 Summit in Beijing on Tuesday.
"Firms that are deemed to have not taken sufficient steps to prevent or stop the burning that results in transboundary pollution are also subject to penalty under this law."
"Founders of some Japanese companies want to sell their business to Chinese investors as their offspring are not willing to manage and they want us to help them," Ren added, sharing an example.
"For a foreign bank in China, borrowing medium to long-term funds from its parent bank will improve its liquidity. This may help the bank's asset side business but the money borrowed is in US dollars, which is on the rise, whereas the loans granted are in renminbi, so the return may not be as direct," Xie said.
"For a country boasting a free economy, the Trump administration's recent move is unimaginable and will severely damage US companies' businesses in China," Wei Jianguo, vice-chairman of the China Center for International Economic Exchanges, said in an exclusive interview with China Daily. Wei is a former vice-minister of commerce.
