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Apple encountered headwinds in the Chinese market over the past few years as local smartphone markers, including Huawei, OPPO, Vivo, and Xiaomi expanded vigorously with fine quality, reasonable prices and extensive retail channels.
As Chen explained, one of the major reasons for launching Metro's own brands in China is to optimize the group's profits in the country. Also, Metro's own brands offer savings of up to 30 percent compared with other branded products, so consumers can find bargains in their stores.
As China's monetary policy is currently "neither too tight nor too loose," overall liquidity conditions in the banking sector are good, it said in an editorial published on Saturday.
As ABC cut to Bezos in the crowd laughing, Kimmel had?another Amazon-related joke.
As China is in a prolonged transformation of its interest rate regime, the likelihood of the PBOC cutting the benchmark lending and deposit rates is quite small, but it may lower some quasi policy rates, such as the reverse repo rate, the medium-term lending facility rate and the standing lending facility rate if the Fed cuts rates, said Lu.
