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As for the ongoing process of the Chinese RMB's internationalization, he said that it is both beneficial for China and for other countries.

As for reform, China has made important supply-side structural changes aimed at developing a modernized and more sustainable economy. I believe the country is going in the right direction.

As a celebration of the China-EU Tourism Year and the China-Canada Year of Tourism, floats representing the EU and Quebec in Canada will debut in the parade.

As a veteran in forex trading market, Lin believes that the RMB has been outperforming other emerging market currencies and a majority of Group of Ten (G10) currencies over the past few months as the Chinese economy is not only under control but also shows resilience.

As a result of this surplus under the current account, China has also become the dominant holder of US Treasury bonds. In recent years, direct investment by Chinese companies into the US has also grown rapidly, accumulating more than 0 billion in total and creating jobs for more than 200,000 Americans.