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Andrew Moody has spent nearly 10 years getting to know China, and he is now one of the most prolific writers in interpreting its stories for the world. The award winning British journalist, who is China Daily’s senior correspondent, has written more than 150 cover stories for the paper's European Weekly and African Weekly, examining a wide range of issues including the Belt and Road Initiative.

Analysts outside the US also believe that Trump's intentional use of the racist term is to distract the US public from the wide criticism of his missteps in his early denial of the seriousness of the pandemic. Now with the stock market gains of the past three years totally wiped out, he is eager to play the blame game, especially in a presidential election year.

Angel Liu, executive director of global investment at the North Carolina Department of Commerce, said the state is balanced among its various sectors.

An oft-asserted critique is that China's SOEs have a lower return on capital than private companies do, implying that the SOEs use resources less efficiently. It's true that the return on assets in the private sector was 7.6 percent versus 3.3 percent for SOEs in 2019, according to the National Bureau of Statistics. But the claim that this implies that these lower capital returns reflect poor efficiency is simply an inaccurate interpretation of economic theory.

And the Futian government also provides workers who have no accommodations in the city with living places at affordable prices.