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An appropriate default rate, other than an implicit guarantee, will help to develop a more healthy bond market as the investment instruments' prices will better reflect the different levels of credit risk. Thus, investors will know about the market's real situation, said Pan.

An internal analysis by the European Commission showed that if zero tariff on industrial goods comes true, EU exports of goods to the US would increase by 10 percent and US exports to the EU would increase by 13 percent.

An aerial view of Rongcheng county, one of the three counties of Xiongan New Area. Aowei International Hotel, the bluish-gray building in the center, has served as the office for the preparatory working committee since April. [Photo/China Daily]

An official at Shengzhou's commerce bureau said the sharing of orders has partly solved the problems of companies that cannot receive any orders due to the COVID-19 pandemic and is considered conducive to the recovery of foreign trade in the city.

An analysis during the last week of January examined apps that were available in both marketplaces that generated sales of more than 0 per day. That data set included 110 apps, both paid apps and those which made money from in-app purchases. (As you can see in the chart to the right, Amazon’s marketplace had a far higher proportion of paid apps).