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Analysts said that the stable LPR was in line with market expectations. The US Federal Reserve's rate cuts in December have eased pressure on the PBOC to adopt a similar move.

Analysts attributed the PPI drop to a persistent slump in global commodity prices as well as a sluggish recovery in demand. The latter factor could intensify as the downward pressure on exports caused by the COVID-19 pandemic is on the rise.

Analysts said the survey results show that the Chinese economy remains on track, although policymakers should closely monitor the adverse effect of credit contraction on small enterprises. The Caixin/Markit Services Purchasing Managers' Index (PMI) stood at 52.9 in May, unchanged from April. The composite index, which combines both manufacturing and services PMI, was 52.3 last month, also unchanged from April. A reading above 50 indicates growth.

And here’s a sign that this is no ordinary regulatory compliance job: Amazon wants its HIPAA Compliance Lead to have “hands on experience using cloud or IoT technologies in professional or personal projects.”

Analysts believe China's nuclear energy efforts are set to go into overdrive after a three-year hiatus, with a few projects expected to go on-stream or start work this year.