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The week in review: Beijing calls for better Sino-US relationship, regulator restricts banks online lending

By Addison Gong 22 Feb 2021 In this round-up, China urges the US to help improve their bilateral relationship, the banking and insurance regulator sets restrictions on lenders participating in the online loan market, and FTSE Russell decides to include 11 Star market stocks in its global equity benchmarks. China is open to more dialogue and cooperation with the US to “put the Sino-US relationship back on track”, Chinese foreign minister Wang Yi said at an event on Monday. Beijing is willing to contribute together with the US in fighting the Covid-19 pandemic and climate change, as well as in the global economic recovery, said Wang, calling these the “most urgent tasks facing the international society”.

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