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As banks face lower costs of funds after the cut, they may lower the quotation rates for the formation of the loan prime rate - the newly introduced lending reference rate, lowering corporate borrowing costs and boosting earnings as a result, Zhang said in a report.

As for other brands, Buick sales totaled 84,162 units in China in April, down 15 percent year on year; Wuling sales came to 82,679 units, down 16 percent; and Chevrolet sold 32,044 units, down 9.6 percent.

As for the "Go To" campaign, Japanese Chief Cabinet Secretary Yoshihide Suga said on Thursday that there was no change in the launch plans, despite the growing calls for a review.

As a result, Firestein pointed out, the average annual US merchandise deficit with China is up, the annual US merchandise deficit with the world is at record levels, US manufacturing are jobs being lost, and American producers and consumers alike are paying more today for inputs and goods than they were two years ago.

As a measure of government intervention, Bovis said, "The anti-mask law appears to be necessary to maintain law and order in a system which has not experienced such levels of unrest." And "it is not unreasonable to justify the principle of transparency and accountability during the exercise of the freedom to protest and demonstrate".