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As of the end of 2017, the balance of banks' WMPs stood at 29.54 trillion yuan, increasing slightly from the 29.05 trillion yuan reported a year earlier, according to the regulator.

As part of its reorganization, the 118-year-old company said late Friday it will be shuttering some stores. It said the stores will close in phases throughout the Chapter 11 process and details of the first phase will be disclosed in the coming weeks. Penney is the biggest retailer to file for bankruptcy reorganization since the pandemic and joins luxury department store chain Neiman Marcus, J.Crew and Stage Stores. Plenty of other retailers are expected to follow as business shutdowns across the country have evaporated sales. In fact, U.S. retail sales tumbled by a record 16.4% from March to April.

As of the end of January, the Chinese bond market reached a scale of 100.4 trillion yuan (.36 trillion). International investors were holding more than 2.2 trillion yuan of Chinese bonds, up by 22 percent year-on-year, according to data from the PBOC.

As part of an attempt to compete with the likes of Netflix and Hulu, Amazon?debuted its first original children’s shows in 2014. The e-commerce giant?recently picked up five?Daytime Emmy Awards for “Tumble Leaf,” its popular animated series for preschool-aged children.

As of September, a total of 57,500 tons of fruits and vegetables were exported from China to Russia via the port, up 39.56 percent year-on-year.