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"Had the Fed not announced a cut, the decision would have amounted to disappointing news, which would have fueled further panic," analyst George Selgin told The Washington Post. "What matters most isn't what the Fed has done today, but what actions it signals for the future."
"For mainland-based companies seeking IPOs, they are likely to receive higher valuations on the STAR Market than on bourses outside the mainland, giving the board a big advantage," said Zhu Ning, deputy dean of the National Institute of Financial Research at Tsinghua University.
"Having reached upper-middle-income living standards, the 19th National Congress of the CPC rightly shifted the emphasis toward quality, and by quality, the leadership is emphasizing the need to make the growth process more socially and environmentally sustainable."
"For a company to become internationally competitive, the question is not whether or not to expand its business overseas through M&As, but when to make the move," said Jiao.
"Fuel cell vehicles and electric cars have different technological features and they are to be used in different situations. They will complement each other instead of replacing one another," she said.
来源：资阳报