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As the world's largest asset management group, BlackRock managed total assets valued at .43 trillion as of Dec 31, 2019, covering asset classes including equities, fixed-income securities, cash, alternatives and real estate.

As we note in our recently released Regional Economic Outlook, the Asia-Pacific region remains the main engine of the global economy, and near-term prospects have improved since our report of October 2017. But there are many risks on the horizon, including a tightening of global financial conditions, a shift toward protectionist policies, and an increase in geopolitical tensions. In addition, over the longer run, Asian economies will face major challenges from population aging and slowing productivity growth, as well as the rise of the digital economy, which could yield huge benefits but also bring major disruptions.

As the cost of information exchange continues to decline, the boundaries between companies will be blurred and a batch of ecosystems will emerge, Hu said.

As the summer continues, the risk of large wildfires is set to reach normal levels in much of the Southwest and Rocky Mountain areas, thanks to strong summer rains, but risk levels will remain above normal in California through at least October, according to NIFC data.

As the head of a secondary vocational school, Zhang Juncheng does not avoid to tell his students that he used to be a security guard when he was a young man.