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China has emerged as a leading fintech market globally, with analysts estimating the market size to have exceeded 3 billion by the end of last year, accounting for about 85 percent of the global market share.
China has expanded the download speed of its fixed and mobile broadband sixfold compared with five years ago, while the charges for broadband connections and mobile internet were down by 90 percent, according to the Ministry of Industry and Information Technology.
China has been educating its next generation to prepare for unexpected events or potential risks. And it seems there is no curriculum more cogent than the reality that reflects the old saying, "Bring an umbrella on a sunny day; save food when you are full."
China banned US beef imports in 2003 amid concerns over mad cow disease. After the lifting of the ban, ranchers in Montana like Wacker are eager to tap the huge potential of Chinese markets, which have around 300 million middle class consumers.
China cut its benchmark lending rate on Thursday to spur production and mitigate impact of the novel coronavirus outbreak on some fragile sectors, even as experts suggested that stronger and cheaper credit supply will help reverse an economic slowdown.
来源：资阳报