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China's central bank conducts 100 bln yuan of reverse repos******
BEIJING, Nov. 5 (Xinhua) -- China's central bank Friday injected 100 billion yuan (about 15.6 billion U.S. dollars) into the financial system via reverse repos.。
The interest rate for the seven-day reverse repos was set at 2.2 percent, according to the People's Bank of China.。
The move aims to keep the liquidity in the banking system stable, the central bank said.。
A reverse repo is a process in which the central bank purchases securities from commercial banks through bidding, with an agreement to sell them back in the future. Enditem。
Experts urge Bangladesh to tap more potential in Chinese market******
DHAKA, Nov. 14 (Xinhua) -- Speakers at a webinar have said Bangladesh should target China to expand its market share for a smooth LDC (least developed country) graduation.。
They made this observation at the webinar titled "Prospects of Bangladeshi Products in Chinese Market: How to Realize the Potential of Preferential Treatment" jointly organized by the Bangladesh China Chamber of Commerce and Industry (BCCCI) and the Export Promotion Bureau (EPB) on Saturday in capital Dhaka, national news agency BSS reported.。
"If Bangladesh can achieve a 1 percent share of the Chinese market, export earnings from China alone could be in the range of 20 billion (U.S.) dollars-25 billion dollars," said Abu Eusuf, a Dhaka University professor.。
Nazneen Ahmed, UNDP Bangladesh economist, said Bangladesh should focus on the Chinese investment and export market equally for a smooth graduation from the LDC.。
In his speech, Bangladesh Ambassador to China Mahbub Uz Zaman said Bangladesh should focus on diversifying the export basket to materialize the given duty free access from China.。
The government is also working for setting up a permanent exhibition center in Shanghai in eastern China to display Bangladeshi products.。
Bangladesh Institute of International and Strategic Studies Director Mahfuz Kabir said China has granted duty-free access of 97 percent Bangladeshi products effective from July 1, 2020, which is expected to bring a new opportunity for Bangladeshi exporters and businesses. Enditem。
Biden accepts 'in principle' meeting with Putin: White House******
White House Press Secretary Jen Psaki said Sunday that President Joe Biden "accepted in principle" a meeting with Russian President Vladimir Putin.
Psaki's confirmation of a potential Biden-Putin summit followed a statement by the Elysee Palace in France saying the two presidents have "accepted in principle" a virtual meeting brokered by French President Emmanuel Macron, who held separate phone calls with Biden and Putin on Sunday.
Psaki said the summit would happen after a meeting between US Secretary of State Antony Blinken and Russian Foreign Minister Sergey Lavrov next week, provided that Russia will not invade Ukraine.
"We are always ready for diplomacy," she said in the statement. "We are also ready to impose swift and severe consequences should Russia instead choose war."
The latest development came as the United States has kept claiming Russia could invade its neighbor at any time, while Russia has denied any such plans, accusing Washington of "hysteria."
The Blinken-Lavrov meeting, agreed previously by the two sides, will take place on Thursday in Europe.
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出品人：樊华 张平锋 储立强。
方案策划：李杰 刘书云 贺占军 石志勇 陈璐。
小编：李华 蔺娟 吴鸿波 梁爱平 杨一苗 刘潇 邵瑞 许祖华 陈昌奇 张博文 李伟 赵勇 雷肖霄 姚友明 张晨俊 赵英博 陈贝洁 孙恰好。