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As long as a country has high savings rates, high leverage will not trigger financial risks. Instead, it is a prerequisite for achieving rapid economic growth, as producers will borrow money from households via the lending and bond markets to make investments.

As of Wednesday, the average international crude price was lower than a barrel, the floor set by the Chinese government, in the past 10 working days, according to the National Development and Reform Commission.

As part of its clean energy strategy, China has launched a number of direct or indirect coal liquefaction and coal gasification projects in Inner Mongolia, Shaanxi, Ningxia, Xinjiang and Liaoning in recent years.

As part of his message, he singled out homelessness as something that he is particularly interested in, pointing to the work of Seattle nonprofit Mary’s Place, which shelters and aids homeless families. The Amazon corporation has partnered with Mary’s Place on a variety of initiatives, and is creating a permanent facility for the nonprofit inside one of its new buildings. “I’m very inspired and moved by the work done at Mary’s Place here in Seattle,” he wrote.

As owner of The Washington Post, Bezos is often the target of President Donald Trump’s verbal assault on the media. In 2018, political tribalism runs deep, many question the integrity of the media, and Trump has made a habit of threatening to curb the freedom of the press. Bezos has criticized Trump’s attack on the press calling it an effort to ” freeze or chill the media that are examining him.” Last year, the tech titan donated million to the Reporters Committee for Freedom of the Press, a group that provides pro bono legal services to protect American journalists. A philanthropic initiative tied to freedom of the press or media literacy could be the logical next step.