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"Fed funds futures are pricing in a 100 percent chance of a 50-basis-point rate cut at the Federal Open Market Committee's March meeting," said Khan, adding that Goldman Sachs said Sunday it expects rates to come down another 50 basis points in the second quarter.

"Encouraging street markets and mobile vendors is necessary to increase employment. For those who have jobs, starting street market businesses also helps in generating more income at lower costs. However, it is also important for local governments to roll out regulations to ensure security and hygiene," Wei said.

"During the recent construction of the Nairobi-Mombasa Madaraka Express Railway, Chinese companies have always focused on wildlife conservation, designing and building hundreds of tunnels, culverts and bridges for wildlife," said the counselor.

"Depending on who you talk to, immigration is either a good thing or a bad thing," he said. "But what many people fail to understand is this country was built on immigration ... from the Afghan camel drivers who were brought in to open up the harsh interior, to the workers who built the Snowy Mountains Hydroelectric Scheme.

"Duan joined BMBS shortly after its inception and since then has brought his leadership, vision, diligence and insight to our endeavor," said Nicholas Speeks, president and CEO of BMBS.