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"Economic integration is beneficial to both sides, and I see no reason why we wouldn't step closer and better integrate," he said.
"Cutting off the direct financing relationship between the fiscal department and the central bank, and preventing the monetization of fiscal deficit, are the basic principles for the bank credit and monetary system. Once this principle is abandoned, the system will collapse," said Sun.
"Every party involved with the community shares both opportunities and risks, and any unilateral action should take the other parties into consideration because everyone's interests are intertwined."
"Due to the economic fallout from the COVID-19 epidemic, the upper limit for China's inflation target could rise to 6 percent," said Cheung. The People's Bank of China, the central bank, is capable of adjusting the monetary policy targeting a certain range of the price index, he said, adding that the inflation target can be scaled down later, so as to temper hyperinflation expectations.
"Democrats, by voting for Biden over Sanders, are coming down on the side of restoring American institutions. They are voting for a revival of those institutions, not a revolution," Juan Williams, a commentator for Fox News, wrote in a piece for The Hill, a political website, published Monday.
