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"Establishing an asset management subsidiary will prevent risks arising from the asset management business from spreading to the parent bank," said Zeng Gang, director of banking research at the Chinese Academy of Social Sciences' Institute of Finance and Banking. He said investors will now only be able to hold the parent bank financially responsible for losses equal to the extent of its investment in the subsidiary, rather than the full extent of any losses, as had been expected previously.

"Facebook has used its market power to either purchase or replicate the competition," Neguse alleged. "And Facebook, Facebook Messenger, WhatsApp, Instagram are the most now downloaded apps of the last decade — and your company, sir, owns them all. And we have a word for that — that word is monopoly."

"Environmental challenges remain and more reforms are needed for China to achieve greater progress," he added.

"Fair trade is now to be called Fool Trade if it is not Reciprocal," Trump tweeted on Monday after abruptly withdrawing support for a joint declaration on free trade signed at the Group of Seven summit over the weekend in Canada.

"Don't touch me! Do you want to go to jail?" said a second-grade girl at the primary school affiliated to Chen Jinglun High School in Beijing.