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Analysts estimate that Apple will cut orders to Foxconn by 20 to 30 percent, mainly due to weak demand for the iPhone XR and XS Max. Media also reported Foxconn aimed to cut 20 billion yuan from its expenses this year as it faces a very difficult and competitive year.

Analysts expect the nation's central bank to continue to buy bonds and support credit markets.

Ananya Vasishtha, a 13-year-old from Rajasthan, India, lives with her family in Shanghai.[Photo provided to China Daily]

And because of our belief that "all under the sun belong to one big family", we are convinced that countries should always come to each other's assistance and work towards the same direction.

And I think it's important that the plans are executed so that the world can truly enjoy the benefits of open market access and a transparent, fair and level playing field. These initiatives are already on track in China, and I certainly hope that they will be successful in the future.