MACAO - Macao's broad money supply retreated in February, and resident deposits also dropped, the special administrative region's monetary watchdog said on Wednesday.The latest report issued by the Monetary Authority of Macao said that currency in circulation and demand deposits grew 6.0 percent and 0.3 percent respectively. M1 thus increased 1.5 percent from one month earlier.On an annual basis, M1 and M2 grew 11.7 percent and 12.1 percent respectively.Resident deposits dropped 0.7 percent from the preceding month to 589.9 billion patacas (about $72.96 billion) while non-resident deposits also fell 1.1 percent to 254.7 billion patacas (about $31.50 billion).Meanwhile, public sector deposits with the banking sector increased 4.7 percent to 197.4 billion patacas (about $24.44 billion).At the end of February, the loan-to-deposit ratio for the resident sector edged up from 58.6 percent at the end of January to 58.7 percent. Meanwhile, the ratio for both the resident and non-resident sectors also rose from 87.0 percent to 87.1 percent. wristbands with tabsdebossed wristbandrubber bracelets cheapprintable wristbands24 hour wristbands coupon code
File photo of Li Ao. [Photo/VCG] BEIJING - Chinese mainland officials Monday expressed condolences over the passing of writer Li Ao in Taiwan. We are saddened to hear of the passing of Li and express our sincere condolences to his family, Zhang Zhijun, director of the Taiwan Affairs Office of the State Council, said in a message to Li's family. Li exhibited strong nationalist feelings, upheld national reunification, opposed Taiwan independence, promoted Chinese culture and devoted himself to cross-Strait exchanges, Zhang said. Chen Deming, president of the mainland-based Association for Relations Across the Taiwan Strait, also sent a message of condolence to Li's family, praising the writer's efforts to promote Chinese culture, support China's reunification and boost cross-Strait exchanges. Li, who had suffered from brain tumor since July 2015, died Sunday at the age of 83.
